Yesterday we took a look at Tesla Motors Inc (NASDAQ:TSLA) and Apple Inc. (NASDAQ:AAPL) and analyzed the confidence of investors in both companies among the 700+ hedge funds that we track.
Microsoft Corporation (NASDAQ:MSFT)'s Cortana, a virtual personal assistant app, would also be available for Google Inc (NASDAQ:GOOGL)'s Android and Apple Inc. (NASDAQ:AAPL)'s iOS.
While many hedge funds struggled during 2014, Ken Griffin's Citadel Investment Group delivered strong results with its flagship fund, Citadel Wellington up by about 18%.
Hedge funds are known to be fast traders who go in and out of stocks very quickly. However, a large number of equity hedge funds have core positions that they don't much over several quarters.
Product launches and publicity attract but consumers only – but if you are investing your money in a company’s stock you have got to believe in nothing else but numbers.