AAPL Tops Goldman Sachs’ List Of Stocks Favored By Hedge Funds

Goldman Sachs GS released its quarterly Hedge Fund Monitor report, which reflects the stocks liked the best by hedge funds. GS had monitored a total of 629 hedge funds to see which stock emerged the favorite of them all. While Apple AAPL bagged the top spot, Bank of America was closely behind at the second best. JPMorgan JPM occupied the fifth spot. CIT Group CIT also showed up on the list. Read more from Benzinga's Company news.