Most Bought By Hedge Funds

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Follow this list to discover and track the stocks that were bought the most by hedge funds in the last quarter.

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Investopedia6 hours ago
Porter's 5 Forces on Under Armour (UA)
Learn about Under Armour and how it differentiates itself in the competitive athletic apparel industry in light of Porter's Five Forces model.
Motley Fool11 hours ago
What to Watch When eBay Reports Next Week
From its headline numbers to new strategic performance initiatives and forward guidance, here's what to expect when the online marketplace announces Q1 results.
American City Business Journals14 hours ago
Magic Johnson joins Ice Cube’s bid to buy sports networks from Disney
After stepping down as president of the Los Angeles Lakers, Magic Johnson has joined a bid by rapper and actor Ice Cube to buy 21 regional sports networks from Walt Disney Co.
Reuters16 hours ago
U.S. FDA approves Teva's generic nasal spray to treat opioid overdose
Generic drugmaker Teva Pharmaceutical Industries Ltd on Friday received approval from the U.S. Food and Drug Administration (FDA) to market its generic nasal spray for opioid overdose, the health regulator said. This is the first approval of a generic naloxone nasal spray for use in a community setting by individuals without medical training, the FDA said in a statement. The FDA had tentatively approved Teva's generic naloxone nasal spray in June last year.
MarketWatch17 hours ago
Sell your home with a Realtor or an algorithm? Maybe both.
The embrace of a technology-driven approach to buying and selling by the brokerage most keenly associated with real estate agents points more to the increasingly blurred lines between the two approaches than to an affirmation of one over the other.
Insider Monkey18 hours ago
Is Under Armour Inc (UA) A Good Stock To Buy?
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
MarketWatch18 hours ago
FDA approves first generic naloxone nasal spray to treat opioid overdose
The Food and Drug Administration has given Israeli drugmaker Teva Pharmaceuticals Inc. final approval to market the first generic naloxone nasal spray to treat opioid overdose, the agency announced Friday. The spray, currently sold under the brand name Narcan by Emergent BioSolutions Inc. subsidiary Adapt Pharma, is a life-saving medication that can stop or reverse the effects of an opioid overdose. Shares of Teva have lost 6.9% so far this year, while the S&P 500 has gained 15.9%. Shares of Emergent BioSolutions have fallen 10.6%. This marks the first time a generic naloxone nasal spray has been approved for use by people without medical training, though generic injectable naloxone products have been available for years. "In the wake of the opioid crisis, a number of efforts are underway to make this emergency overdose reversal treatment more readily available and more accessible. In addition to this approval of the first generic naloxone nasal spray, moving forward we will prioritize our review of generic drug applications for naloxone," said Douglas Throckmorton, deputy center director for regulatory programs in the FDA's Center for Drug Evaluation and Research, in a statement. The U.S. in the midst of a deadly opioid epidemic. Almost 400,000 people died from opioid overdose between 1999 and 2017, according to the Centers for Disease Control and Prevention.
MarketWatch20 hours ago
Under Armour's North American president steps down
Under Armour Inc.'s North American president, Jason LaRose, will step down from his role effective April 30, 2019, the athletic company announced in a filing. Patrik Frisk, Under Armour's chief operating officer, will head up the North American business on an interim basis. Under Armour is scheduled to announce first-quarter earnings on May 2 before the opening bell. Under Armour shares have gained 8.2% over the last three months roughly in line with the S&P 500 index , which is up 8.8% for the period.
Zacks20 hours ago
Here's Why Career Education (CECO) is a Great Momentum Stock to Buy
Does Career Education (CECO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Motley Fool21 hours ago
What to Expect When PayPal Reports Earnings
A lot of good things are happening at the digital payment processor.
Thomson Reuters StreetEventsyesterday
Edited Transcript of SE.N earnings conference call or presentation 28-Feb-18 12:00am GMT
Q4 2017 Sea Ltd Earnings Call
GuruFocus.com2 days ago
T Rowe Price Equity Income Fund Buys 6 Stocks in 1st Quarter
Top buys include Conagra and Fox spinoff
Zacks2 days ago
Analysts Estimate Baxter International (BAX) to Report a Decline in Earnings: What to Look Out for
Baxter (BAX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks2 days ago
Earnings Preview: World Wrestling Entertainment (WWE) Q1 Earnings Expected to Decline
WWE (WWE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American City Business Journals2 days ago
Under Armour's North America head to depart at end of April
Jason LaRose has worked at the Baltimore-based Under Armour since 2013 and led the sportswear maker's North America business since October 2016.
InvestorPlace2 days ago
Alibaba Stock Has Several Catalysts to Drive Its Growth Story Further
Alibaba (NYSE:BABA) stock has rewarded shareholders handsomely so far in 2019. Alibaba was founded in Apr 1999 and had its IPO in Sept 2014 -- at an initial price of $92.7. On Apr. 15, the stock price closed at $183.07. In the past two decades, BABA has become a highly regarded global company, and Alibaba stock offers U.S. investors the chance to invest in the growing Chinese consumer and e-commerce markets. As its second decade ends, the group is increasingly focusing on becoming a social hub.Source: Shutterstock Although there might be volatility in BABA shares in the coming weeks as the global e-commerce platform gets ready to report earnings in early May, long-term investors may regard any upcoming dip in the stock price as an opportunity to buy into the shares. Here is why: Alibaba Stock Has Robust FundamentalsOnline shopping represents about 35% of China's total $5.5 trillion retail market -- and BABA has a 53.3% share. Alibaba's Tmall and Taobao are China's largest online business-to-consumer and consumer-to-consumer marketplaces respectively. One highlight from the company's past quarter is that its mobile monthly active users (MAUs) on the e-commerce platforms have now reached 699 million.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for Spring Season Growth For example, with the successful Taobao app, users share product reviews, watch webisodes, or live-stream various tutorial. As the time spent on the app increases, so does the money spent on the e-commerce marketplace.As Alibaba gets ready to release its quarterly results in early May, investors who are seeking capital appreciation should keep in mind the company's dominant position in the Chinese e-commerce space. In its earnings report, investors should pay attention to four areas of revenue: * Core commerce (its largest segment which showed 40% year-over-year, YOY, growth); * Cloud computing (which showed 84% YOY growth); * Digital media and entertainment (which showed 20% YOY growth); and * Innovation initiatives (which showed 73% YOY growth).The company's latest quarterly earnings on Jan 30 showed that BABA's gross profit margin is over 45%. Many analysts expect its revenue to continue growing at double-digit-percentage rates, at an average of 20% annually, through both organic growth and acquisitions.It is also important to note that much of its recent growth has been coming from less populated areas of China. At present, around half of China's 1.4 billion citizens reside in rural areas and reaching out to these consumers has become a top priority for Alibaba.The fact that the company is not highly leveraged also contributes to my upbeat view of Alibaba's management and balance sheet. Its 'current ratio', which measures BABA's ability to pay its short-term debt, stands at a healthy 1.25.Although the Chinese economy may slow further in 2019 or even 2020, its GDP is still expanding at an average annual rate of 6% minimum. In other words, China's growing middle class will continue to drive increases in the country's consumer spending and in China's e-commerce market. And when average Chinese citizens have more money in their pockets, more of it can be spent on online shopping sites like Alibaba. Alibaba Is Diversifying in ChinaBABA's core business of online retail contributes to 88% of revenue. However, it's been branching out into other business ventures. This expansion is made possibly partly due to its steady free cash flow (FCF), which measures a company's ability to produce cash. Investors care a lot about FCF as it can be used in a discretionary manner, for example, to invest in growth opportunities and to strengthen Alibaba's balance sheet further.The e-commerce giant now has multiple equity stakes in growth companies in a plethora of industries, such as Ant Financial, the Chinese payments giant; Ele.me, the local delivery company; and Alibaba Cloud, its cloud computing arm. The rapidly growing cloud business, which has brought in about 6% of total revenues in Q4 2018, has long-term growth potential and may help improve the company's margins further.Like Amazon (NASDAQ:AMZN), Alibaba is also paying considerable attention to developments in cloud computing and artificial intelligence (AI), two areas that will contribute to its bottom line and possibly boost BABA stock in coming years. The company announced that it is building its own AI chip to be used in various industries, such as self-driving cars.In its efforts to become a hybrid e-commerce platform that offers social shopping experiences to customers, especially to the tech-savvy youth, Alibaba has been increasing its exposure to social media platforms. For example, it owns 31% of Weibo (NASDAQ:WB), the Chinese microblogging company.Alibaba's Taobao marketplace has recently taken an 8% stake in Chinese anime streaming and entertainment company Bilibili (NASDAQ:BILI) whose users have an average age of 21. The company, which has about 92 million monthly active users, "covers genres and media formats, including videos, live broadcasting, and mobile games." Through this acquisition, Alibaba opens the door to reaching the Gen Z market in China better.BABA's Youku is now the third biggest video streamer in China, behind Tencent Holdings (OTCMKTS:TCEHY) and Baidu (NASDAQ:BIDU). And Alibaba is not shy to invest in the platform to create new content and bring in new subscribers so that it can increase its 22% share in the Chinese video streaming market.Finally, as China increasingly moves into a cashless society, the group's mobile platform, Alipay, is likely to grow exponentially. The digital wallet has already hit 1 billion users in more than 110 countries worldwide. In other words, investors are hopeful that these new ventures will become significant revenue contributors soon. BABA's International Growth Looks PromisingIn addition to its ever-growing presence in China, BABA has investments in start-ups in South Asia and Southeast Asia, too. Southeast Asia is en route to becoming the world's fourth largest economic region by GDP and analysts expect its e-commerce sector to expand tremendously within the next decade.Among the start-ups in those regions in which BABA has stakes are Paytm, an Indian digital-payments provider, and Lazada, a Singapore-based e-commerce company that is growing in overseas markets.The "Amazon of the East" has also set its eyes on moving west through partnerships with European companies, including Vodafone Group (NASDAQ:VOD) in Germany and El Corte Ingles in Spain. Many European companies are still discovering new ways to enter the Chinese market, and BABA may enable them to connect with Chinese customers faster. BABA's mobile payment network, Alipay, is also looking to expand in Europe.Such international growth will not only help increase the company's bottom line, but it will also enable BABA to diversify away from China, lowering the macro risk facing BABA stock. Is It Time to Invest in BABA Stock?The answer depends on your investment style and horizon, i.e., whether you are a short-term trader or a long-term-growth investor. BABA stock is a compelling long-term investment. I also believe that most of the adverse effects of the U.S.-China trade war have already been priced into Alibaba stock. If the two sides reach a deal that's seen in a positive light this year, BABA stock is likely to rally.Yet, the markets are likely to continue to be choppy in April and May, especially since many other tech heavyweights are expected to release their quarterly reports. The volatility of Alibaba stock is high, giving it a broad trading range, so short-term traders should proceed with caution in the coming weeks.As a result of the recent impressive run-up in the stock price, short-term technical indicators have become somewhat over-extended. Investors who pay attention to short-term oscillators should note that BABA's professional message has also become "overbought." So, in the next few weeks, there might be some profit taking in Alibaba stock. The Bottom Line on Alibaba StockAlibaba's growth in e-commerce, cloud computing, and other investments throughout China and globally make it a disruptor and a sound and long-term investment. 2019 has given Wall Street a glimpse of how great BABA's comeback could be as, year-to-date, the stock is up 33%.Therefore long-term investors could view any decline in the BABA stock price as an opportunity to buy the stock. By the end of 2020, I expect the stock to reach $230. * 10 S&P 500 Stocks to Weather the Earnings Storm However, traders with a short-term horizon should remember that there might be some profit-taking in the stock around the earnings report.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Alibaba Stock Has Several Catalysts to Drive Its Growth Story Further appeared first on InvestorPlace.
Zacks2 days ago
Will eBay (EBAY) Beat Estimates Again in Its Next Earnings Report?
eBay (EBAY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Zacks2 days ago
4 Must-Buy Efficient Stocks for Your Portfolio
A company with a favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with the company's price performance.
Motley Fool2 days ago
Carl Icahn Pushes for Caesars Entertainment Sale Again
But can any gaming company that would want it actually afford to buy it?
Reuters2 days ago
Morning News Call - India, April 18
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_04182019.pdf If you would like to receive this newsletter via email, ...
GuruFocus.com2 days ago
Yacktman Fund Gains 7 Stocks in 1st Quarter
Yacktman picks up several new positions in addition to gaining The Walt Disney Co.
Zacks3 days ago
Ciena (CIEN) Dips More Than Broader Markets: What You Should Know
Ciena (CIEN) closed at $38.28 in the latest trading session, marking a -1.1% move from the prior day.
GuruFocus.com3 days ago
Tiger Global's Chase Coleman Boosts Stake in Sea
Tech investor adds to position in digital gaming and multimedia company
Market Realist3 days ago
Why Qualcomm Is among Steve Cohen’s Top Bets
Could Apple and Qualcomm’s Settlement Mean Upside for Point72?Steve Cohen’s Point72 Management Steve Cohen is a very high-profile investor whose SAC capital returned 30% annually for more than 20 years. In 2012, the firm was found guilty of
Yahoo Finance Video3 days ago
Super Bowl winning coach Tony Dungy talks Russell Wilson's contract, new book
Super Bowl winning coach Tony Dungy and his wife Lauren discuss their book ‘We Chose You’, as well as Russell Wilson’s new contract which made him the highest paid player in the NFL. Yahoo Finance’s Zack Guzman and Sibile Marcellus join them to discuss.