Mutual Funds Gobble Up This Energy Stock And This Chip Equipment Name

Institutional backing is a key element in stock performance, as large purchases by big money managers can help lift share prices. Today’s IBD Screen Of The Day, the Stocks That Funds Are Buying list, identified 29 stocks that mutual funds are adding, and two are worth highlighting. Chip equipment name ASML Holding (ASML) and energy stock Valaris (VAL) are both…