Crude futures are lower today as traders brace for the upcoming OPEC meeting later this month. If the cartel fails to agree on the specifics of a production cut, some analysts think crude could fall to $40 per barrel. If they do come to an agreement, the commodity could rise to $50 per barrel or higher.
In this article, we’ll examine the reasons why Lockheed Martin Corporation (NYSE:
At Insider Monkey, we track over 750 hedge funds, whose quarterly 13F filings we analyze and determine their collective sentiment towards several thousand stocks. However, our research has shown that the best strategy is to follow hedge funds into their small-cap picks. This approach can allow monthly returns of nearly 95 basis points above the market, as we determined through extensive backtests covering the period between 1999 and 2012 (
Traders are watching Lockheed Martin Corporation (NYSE:LMT) after Carter Copeland of Barclays upgraded the stock to ‘Equal Weight’ from ‘Underweight’ and hiked his price target on it to $275 from $245. Copeland thinks that the market is pricing in an almost-certain...