Published on 23 Nov 2020 on Insider Monkey via Yahoo Finance
In this article we will analyze whether Points International Ltd (NASDAQ:PCOM) 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.
Is Points International (PCOM) a good stock to buy now? Hedge funds were getting less optimistic. The number of bullish hedge fund positions went down by 2 recently. Points International Ltd (NASDAQ:PCOM) was in 7 hedge funds' portfolios at the end of September. The all time high for this statistics is 10. Our calculations also showed that PCOM isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video for a quick look at the top 5 stocks). There were 9 hedge funds in our database with PCOM positions at the end of the second quarter.