We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards Marvell Technology Group Ltd. (NASDAQ:MRVL) and determine whether hedge funds skillfully traded this stock.
Hedge fund interest in Marvell Technology Group Ltd. (NASDAQ:MRVL) shares was flat at the end of last quarter. This is usually a negative indicator. The level and the change in hedge fund popularity