Is Sensient Technologies Corporation (SXT) A Good Stock To Buy?
In this article we will take a look at whether hedge funds think Sensient Technologies Corporation (NYSE:SXT) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks historically outperformed the market after adjusting for known risk factors.
Is SXT a good stock to buy? The best stock pickers were becoming less hopeful. The number of bullish hedge fund bets fell by 1 in recent months. Sensient Technologies Corporation (NYSE:SXT) was in 16 hedge funds’ portfolios at the end of March. The all time high for this statistic is 23. Our calculations also showed that SXT isn’t among the 30 most popular stocks among hedge
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