Published on 17 Dec 2021 on Insider Monkey via Yahoo Finance

Is MKS Instruments, Inc. (MKSI) A Good Stock To Buy?

Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards MKS Instruments, Inc. (NASDAQ:MKSI).

Is MKSI a good stock to buy now? The smart money was in a bullish mood. The number of bullish hedge fund bets advanced by 2 in recent months. MKS Instruments, Inc. (NASDAQ:MKSI) was in 28 hedge funds' portfolios at the end of the third quarter of 2021. The all time high for this statistic is 35. Our calculations also showed that MKSI isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings). There were 26 hedge funds in our database with MKSI positions at the end of the second quarter.

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, lithium prices have more than doubled over the past year, so we go through lists like the 10 best EV stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. Keeping this in mind let's go over the new hedge fund action surrounding MKS Instruments, Inc. (NASDAQ:MKSI).