Published on 12 Dec 2021 on Insider Monkey via Yahoo Finance

Here is What Hedge Funds Think About Kraton Corporation (KRA)

In this article we will take a look at whether hedge funds think Kraton Corporation (NYSE:KRA) 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 Kraton Corporation (NYSE:KRA) a healthy stock for your portfolio? Investors who are in the know were becoming hopeful. The number of long hedge fund positions inched up by 6 lately. Kraton Corporation (NYSE:KRA) was in 25 hedge funds' portfolios at the end of September. The all time high for this statistic is 28. Our calculations also showed that KRA isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings).

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. Now let's take a peek at the latest hedge fund action regarding Kraton Corporation (NYSE:KRA).