Published on 8 Dec 2020 on Insider Monkey via Yahoo Finance

Is MG Stock A Good Buy Now?

After several tireless days we have finished crunching the numbers from nearly 817 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of September 30th. The results of that effort will be put on display in this article, as we share valuable insight into the smart money sentiment towards Mistras Group, Inc. (NYSE:MG).

Is MG a good stock to buy now? Mistras Group, Inc. (NYSE:MG) has experienced an increase in support from the world's most elite money managers of late. Mistras Group, Inc. (NYSE:MG) was in 12 hedge funds' portfolios at the end of September. The all time high for this statistics is 15. There were 11 hedge funds in our database with MG positions at the end of the second quarter. Our calculations also showed that MG 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).