Five Oil-Related Companies Mutual Funds Are Buying
When mutual funds and insurance companies are buying stocks, it indicates those shares may be headed higher because institutions account for up to three-fourths of all trades. Today's Screen Of The Day is Accelerating Mutual Fund Ownership. A quarter of companies on the list are oil and gas industry related. Although all were being bought heavily by institutions last quarter, it's worth noting several have sold off recently in heavy volume in sync
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