Nvidia Corp.’s (NVDA) stock had a significant rebound over the past year, rising by approximately 70% in comparison to the S&P 500’s gain of about 22.9%. Nvidia is known for its innovation in artificial intelligence breakthroughs, gaming, and the datacenter. Its leadership in these vital areas has helped to make the stock a darling among investors in recent years and has resulted in the shares soaring. Now, investors eagerly await the company’s fiscal fourth quarter results on February 13, 2020.
The shares of Activision Blizzard Inc (ATVI) and Electronic Arts Inc. (EA) have struggled since peaking in the late summer of 2018. Both of these stocks have seen their prices drop by around 30% since that time. But now, some hedge funds are making big bets that both of these stocks rebound from these depressed levels.
Verizon Communications Inc.’s (VZ) stock has underperformed the S&P 500 by a wide margin in 2019, rising by roughly 9% compared to the S&P 500’s gain of around 29%. Despite the inadequate performance, hedge funds have been actively adding shares of Verizon to their portfolios, and that has resulted in the stock landing on the WhaleWisdom Heatmap.
It hasn’t been the most fabulous year for Palo Alto Networks Inc. (PANW), with the stock rising by 20.5% and underperforming the broader S&P 500 by five percentage points. Still, the stock was very active among investors during the third quarter, resulting in the shares landing on the WhaleWisdom Heatmap, and the WhaleWisdom Whale Index 100.
Fiserv Inc. (FISV) has undoubtedly had a healthy 2019, with the stock rising by a stunning 54%, more than double the S&P 500’s gain of over 24%. The transaction processing and bill payment company had investors rushing into its stock in the third quarter, based on data compiled by WhaleWisdom. The strong showing has resulted in the stock landing on the WhaleWisdom Heatmap.