Were Hedge Funds Right About Dumping Royal Gold, Inc (RGLD)?
In this article we will analyze whether Royal Gold, Inc (NASDAQ:RGLD) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into their best ideas. While not all of these picks will be winners, our research shows that these picks historically outperformed the market by double digits annually.
Royal Gold, Inc (NASDAQ:RGLD) was in 17 hedge funds’ portfolios at the end of the first quarter of 2021. The all time high for this statistic is 30. RGLD investors should pay attention to a decrease in support from the world’s most elite money managers in recent months. There were 26 hedge funds in our database with RGLD positions at the end of the fourth quarter. Our calculations also showed that RGLD isn’t among the 30 most p
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