In this article you are going to find out whether hedge funds think Travel + Leisure Co. (NYSE:TNL) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk attributes. It’s not surprising given that hedge funds have access to better information and more resources to predict the winners in the stock market.
Travel + Leisure Co. (NYSE:TNL) shares haven’t seen a lot of action during the second quarter. Overall, hedge fund sentiment was unchanged. The stock was in 30 hedge funds’ portfolios at the end of June. Our calculations also showed that TNL isn’t among the 30 most popular stocks among hedge funds (click