Published on 26 Oct 2021 on Insider Monkey via Yahoo Finance

Is PPL Corporation (PPL) Going to Burn These Hedge Funds?

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of capital and have to conduct due diligence while choosing their next pick. They don't always get it right, but, on average, their stock picks historically generated strong returns after adjusting for known risk factors. With this in mind, let’s take a look at the recent hedge fund activity surrounding PPL Corporation (NYSE:PPL).

PPL Corporation (NYSE:PPL) investors should be aware of a decrease in hedge fund sentiment in recent months. PPL Corporation (NYSE:PPL) was in 23 hedge funds' portfolios at the end of June. The all time high for this statistic is 32. Our calculations also showed that PPL isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings).

In today’s marketplace there are many signals stock traders use to grade publicly traded companies. A couple of the less utilized signals are hedge fund and insider trading signals. Our experts have shown that, historically, those who follow the top picks of the elite fund managers can outclass their index-focused peers by a significant margin (see the details here). Also, our monthly newsletter's portfolio of long stock picks returned 185.4% since March 2017 (through August 2021) and beat the S&P 500 Index by more than 79 percentage points. You can download a sample issue of this newsletter on our website.