Amid claims that the new face of big tech stocks should be MATANA and not FAANG, TipRanks’ Hedge Fund Trading Activity tool (which leverages data from Form 13-F to offer hedge fund signals) shows that hedge funds bought only Microsoft and Apple stocks, while ditching Tesla, Amazon, Nvidia, and Alphabet stocks, in the last quarter. Now, let’s delve deeper into the discussion and understand why these MATANA stocks spiked hedge funds' interest and by how much. Microsoft (NASDAQ:MSFT)  Macro uncertainty, COVID-led restrictions in China, and currency headwinds have dragged Microsoft stock down.
https://www.tipranks.com/news/article/hedge-funds-favored-only-two-of-the-six-matana-stocks-last-quarter?utm_source=advfn.com&utm_medium=referral
Alphabet (NASDAQ:GOOGL)
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Alphabet (NASDAQ:GOOGL)
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