Microsoft Corp. (MSFT) has been one of the hottest stocks in the market during 2019, rising by more than 36%. That is 16 percentage points higher than the S&P 500 return of 20%. The strong stock returns have been driven by the company’s healthy cloud and software as a service product and are likely one reason why investors have been flocking into the stock.
Symantec Corp.’s (SYMC) stock rose by over 18% the week of July 1, after Broadcom Inc. (AVGO) said it would buy the software company for $15.5 billion. This was Broadcom’s second big purchase of a software company in the past year. The biggest winner in all of this may have been Starboard Value LP. Symantec […]
The Baker Brothers Advisors LP have become one of the most followed biotech investors around. As of the end of the first quarter of 2018, it has become incredibly clear that the firm has placed massive bets on just a handful of companies.
Perceptive Advisors, LLC scored big this past week when it was announced that Pfizer Inc. (PFE) was buying Array BioPharma Inc. (ARRY) for $11 billion. Array’s stock rose by more than 50% on June 17 following the announcement. Perceptive is run by Joseph Edelman, which started a new position in Array in the first quarter […]
Dexcom Inc.’s (DXCM) stock has risen over 60% over the past year, easily topping the S&P 500’s return of 10%. The company has seen explosive sales growth over the past three years on the strength of its glucose monitoring systems for people with diabetes. It could be one reason why investors were piling into the […]