41 Hedge Fund Favorites Trading Near 52 Week Highs

 | Dec 13, 2012 01:45AM ET

Screen Criteria

:

All of the companies mentioned below have seen hedge fund buying during the most recent quarter (13-F filings). These companies are also trading close to 52-week highs.

Average Weekly Returns:

Average 1-Week Return of All Stocks Mentioned Below: 2.42%

Average 1-Month Return of All Stocks Mentioned Below: 6.97%

Analysis of List Alpha:

Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Week): 16 out of 41 (39.02%)

Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Month): 20 out of 41 (48.78%)

Chart: Distribution of 1-Week Returns For All Stocks Mentioned Below