CREDIT SUISSE: The 11 big-name stocks hedge funds are dumping
It's easy to be distracted by a high market capitalization.
Companies that have worked their way to the top of their fields must have made some right moves along the way.
But past returns are not necessarily indicators of future performance, and the stocks on the following list might be perfect examples of that.
Credit Suisse put together a list of the large-cap stocks that hedge funds are dropping. These are stocks that, in many cases, a lot of funds still own, but that saw a big fall in the number of funds investing in them during the first quarter of this year.
A large number of hedge funds selling a stock could be an indicator of a not-so-bright future for the company. Read through the list below.
Get the latest General Electric stock price here.