Interestingly, hedge funds are still not giving up on energy and health care, while mutual funds have given up those sectors.
Related: The ‘smart money’ is investing in oil now
3. The VIP list of stocks: Goldman also noticed that both hedge funds and mutual funds had 11 similar stocks among their top holdings. That means across the board, fund managers like what they see in these companies.
Goldman has dubbed these stocks the “VIP list.” We list the 11 stocks below in alphabetical order.
Keep in mind that the S&P 500 is up about 2.5% so far this year. Many people say the stock market looks pricey right now. The official measure of that is the price to earnings (P/E) ratio. At the moment, the S&P 500 is trading at about 18 times expected 2015 earnings. That’s higher than the historical average of about 15.5.
Related: Nasdaq tops 5,000 for first time in 15 years
We list the year-to-date performance and P/E ratios (based of expected 2015 earnings) of the VIP stocks below.
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P/E: 18.2
11. Priceline (Ticker: PCLN (PCLN, Tech30))
YTD performance: 9.7%
P/E: 21.7
Related: Room to run: 7 stocks Wall Street thinks will soar
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