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If You Own Weyerhaeuser (WY) Stock, Should You Sell It Now?

Alex Smith

Brown Advisory recently released its Q2 2020 Investor Letter, a copy of which you can download here. The Equity Income Fund posted a return of 18.29% for the quarter, underperforming its benchmark, the S&P 500 Index which returned 20.55% in the same quarter. You should check out Brown Advisory’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.

In the said letter, Brown Advisory highlighted a few stocks and Weyerhaeuser Co (NYSE:WY) is one of them. Weyerhaeuser Co (NYSE:WY) is a real estate investment trust company. Year-to-date, Weyerhaeuser Co (NYSE:WY) stock lost 14.9% and on July 16th it had a closing price of $25.14. Here is what Brown Advisory said:

"We eliminated timber products company Weyerhaeuser following the REIT’s decision to suspend its dividend to preserve cash as global market conditions for its products deteriorated during the quarter."

[caption id="attachment_364545" align="aligncenter" width="400"] g0d4ather / shutterstock.com[/caption]

REIT Stocks Northstar Realty Finance NRF
REIT Stocks Northstar Realty Finance NRF

In Q1 2020, the number of bullish hedge fund positions on Weyerhaeuser Co (NYSE:WY) stock increased by about 17% from the previous quarter (see the chart here), so a number of other hedge fund managers don't seem to agree with Weyerhaeuser's downside potential. Our calculations showed that Weyerhaeuser Co (NYSE:WY) isn't ranked among the 30 most popular stocks among hedge funds.

The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds' poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.

Video: Top 5 Stocks Among Hedge Funds

At Insider Monkey we scour multiple sources to uncover the next great investment idea. For example, on one site we found out that NBA champion Isiah Thomas is now the CEO of this cannabis company. The same site also talks about a snack manufacturer that's growing at 30% annually. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. Hedge fund sentiment towards Tesla reached its all time high at the end of 2019 and Tesla shares more than tripled this year. We are trying to identify other EV revolution winners, so if you have any good ideas send us an email. You can subscribe to our free enewsletter below to receive our stories in your inbox:


Disclosure: None. This article is originally published at Insider Monkey.