Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Top 20 Most Popular Stocks Among Financial Advisors This Week

Due to the thousands of stocks that are trading on the markets, a retail investor can find it really difficult to pick the stocks worth his or her attention. In order to avoid screening through all of these stocks, one can narrow down their list to stocks that smart money is following. Researchers at TrackStar, which is the official newsletter of Intuition (a division of InvestingChannel), have compiled a list of 20 stocks that ranked as the most searched among financial advisors this week and in this article we will discuss the latest developments surrounding these companies in more detail.

accounting, desk, market, funds, economy, business, income, gains, value, wealth, revenue, pen, analysis, foreign, balanced, computer, management, graph, risk, equities, earnings, pie, chart, stocks, money, monetary, high, accountant, growth, low, invest, ratio, quotes, account, workplace, profits, trade, investment, return, office, banking, man, index, financial, hand, businessman, results, performance, exchange, capital


In addition, we will take a look at the smart money sentiment towards these 20 stocks. We follow over 700 hedge funds and other institutional investors, whose 13F filings we analyze in order to identify trading opportunities. Our database contains some of the best-performing hedge funds, which generate strong returns by investing in companies with strong fundamentals. Our research showed that following these funds into some of their long picks can help us beat the market over the long run (read more details about our small-cap strategy).

Let’s start with Wal-Mart Stores, Inc. (NYSE:WMT), which ranked on the last spot. On Tuesday, Wal-Mart reported its financial results for the third quarter of fiscal year 2016 (ended October 31), which included revenue of $117.41 billion and EPS of $1.03, down from the $119 billion and $1.15 in EPS, that it posted a year earlier. The company also posted comparable store sales of 1.5%, and slightly narrowed its full-year earnings guidance to a range of $4.50-to-$4.65 per share. Among the funds we track, Wal-Mart Stores, Inc. (NYSE:WMT) has 61 shareholders and they held around 3.40% of the company’s outstanding stock at the end of September. Warren Buffett’s Berkshire Hathaway inched down its stake in Wal-Mart Stores, Inc. (NYSE:WMT) by 4.20 million shares to 56.19 million shares during the third quarter.

Follow Walmart Inc. (NYSE:WMT)
Trade (NYSE:WMT) Now!

Alphabet Inc (NASDAQ:GOOGL) also ranked among the most searched stocks, which is not surprising, since the tech giant is always in the spotlight. Alphabet Inc (NASDAQ:GOOGL)’s class A stock has surged by over 40% since the beginning of the year and at 21-times forward earnings it is a bit overvalued compared to the S&P 500’s average forward P/E of 15.60. However, the company is expected to grow significantly over the long-run, which is why it is one of the favorite stocks among smart money investors. According to our data, Alphabet Inc (NASDAQ:GOOGL)’s class A stock ranked on the third spot, with 129 funds holding long positions at the end of September, including billionaires Andreas Halvorsen of Viking Global, Ken Fisher of Fisher Asset Management, and Leon Cooperman of Omega Advisors.

Follow Alphabet Inc. (NASDAQ:GOOG)
Trade (NASDAQ:GOOG) Now!

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.