Is ConocoPhillips (COP) Among The High Growth Companies Hedge Funds Are Buying?

From Yahoo Finance: 2025-05-05 11:48:00

In a recent article, we compared ConocoPhillips (NYSE:COP) to other high-growth stocks. The global economy in 2025 is projected to see modest growth, with inflation staying high due to fiscal spending and tariffs. Deutsche Bank Wealth Management notes a shift from monetary to fiscal policy, favoring equities like American stocks and infrastructure investments.

Hedge funds performed well in 2024, with average returns up to 10.7%. Notable gains were seen by funds like Light Street Capital and Discovery Capital. Market volatility and policy shifts contributed to these returns, with some funds performing exceptionally well. Investors are turning to alternatives like gold as traditional safety nets like American Treasuries offer less protection.

ConocoPhillips (NYSE:COP) ranks 12th among high-growth stocks, supported by analyst optimism and strong fundamentals. The company recently agreed to sell assets to Shell plc for $735 million to streamline its portfolio. 86 hedge funds hold stakes in COP, with Eagle Capital Management being the largest stakeholder. While COP shows promise, AI stocks may offer higher returns in a shorter timeframe.

To outperform the market, investors are following hedge fund stock picks, with 86 funds holding positions in ConocoPhillips. The company’s recent asset sale aims to reach a $2 billion divestment target. While COP ranks well among hedge funds, AI stocks may offer more promising returns. Check out our report on the cheapest AI stock for potential investments.

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