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The global automotive diagnostics is expected to reach USD 6 Billion by 2026, according to a new report by Reports and Data
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The global automotive diagnostics is expected to reach USD 6 Billion by 2026, according to a new report by Reports and Data
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Common Impact Announces New Board Member As It Continues to Expand Its National Reach and Initiatives
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Were Hedge Funds Right About Dumping Snap-on Incorporated (SNA)?
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 900 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile failures like hedge funds’ 2018 losses in Facebook and Apple. Let’s take a closer look at what the funds we track think about Snap-on Incorporated (NYSE:SNA) in this article.
Is
Snap-on Incorporated (NYSE:SNA) a buy here? Money managers were in a pessimistic mood. The number of long hedge fund positions dropped by 8 recently. Snap-on Incorporated (NYSE:SNA) was in 18 hedge funds’ portfolios at the end of March. The all time high for this statistic is 31. Our calculations also showed that SNA isn’t among the 30 most popular stocks among hedge funds (click for