Moody’s Corp. (MCO) has seen positive returns over the past six months and has steadily been outperforming the S&P 500, rising by approximately 23.1% compared to the S&P 500’s gain of about 6.7%. Despite the growth, the financial services company recently slid on the HeatMap Index, landing on a ranking of 37, down from 29.
ServiceNow, Inc.’s (NOW) stock has climbed over the past five months, significantly outperforming the S&P500, rising by approximately 74.7% compared to the S&P’s gain of about 4.6%. However, hedge funds and institutions were actively selling the stock in the second quarter. It led to the shares slipping on the WhaleWisdom Heatmap, with a change in ranking to 33 from 23.
Peloton Interactive Inc.’s (PTON) stock has experienced impressive growth over the past six months, after a brief dip in February 2020. Peloton has outperformed the S&P 500 easily, rising approximately 216% while the S&P 500 rose by about 2.75% as of September 18. The strong performance has landed Peloton on the WhaleWisdom Heat Map with a ranking of twenty and garnered the attention of hedge fund managers.
Zoom Video Communications, Inc. (ZM) has experienced soaring growth over the past seven months, dramatically outperforming the S&P 500, leaving it in its dust. The communications technology company moved up on the WhaleWisdom Heatmap to an impressive ranking of three in the second quarter. Hedge funds and institutions have been actively buying Zoom in 2020, resulting in a gain of approximately 339%, compared to the S&P’s increase of about 7.9%.
Apple, Inc.’s (AAPL) stock saw substantial growth over the past few months following a brief decline in March when the market, in general, was negatively impacted by the coronavirus pandemic. The multinational technology company moved up on the WhaleWisdom Heatmap to an inspiring ranking of four. Hedge funds were actively buying Apple in the second quarter, as it has consistently outperformed the S&P 500’s performance this year, rising by approximately 69.4% in comparison to the S&P’s gain of about 5.2%.