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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is Sprouts Farmers Market (SFM) One of the Best Stocks to Buy According to Jim Simons’ Renaissance Technologies?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
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Jim Simons is known as the “ Quant King’ of hedge funds due to the extraordinary success of Renaissance Technologies , his quantitative trading firm based in New York .

At the time of his death, Simons was worth $31.4 billion , ranking him among the world’s wealthiest individuals.

The company is a specialty food retailer that deals in organic and natural products.

While we acknowledge the potential for SFM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025 , while popular AI stocks lost around 25% . If you are looking for an AI stock that is more promising than SFM but trades at less than 5 times its earnings, check out our report about this cheapest AI stock. Disclosure: None. This article is originally published at Insider Monkey ..