Amazon.com (AMZN) saw substantial growth this past year, outperforming the S&P 500 and rising by approximately 93.4% compared to the S&P’s gain of about 35% and reaching record highs over the past couple of weeks. Despite hedge funds selling, the stock rose on the WhaleWisdom Heatmap to a ranking of twelve.
DocuSign Inc. (DOCU) has seen soaring growth over the past year and significantly outperformed the S&P 500. The electronic signature technology company’s stock rose by approximately 289.6% as of July 9, 2021, compared to the S&P 500’s gain of about 33.7% since the start of 2020. Despite this growth, hedge funds were selling, and DocuSign lost traction on the WhaleWisdom Index, landing at 33 after a previous ranking of 14.
Netflix, Inc.’s (NFLX) stock experienced steady growth over the past year, outperforming the S&P 500 as of July 2, 2021. The stock saw gains of approximately 64.9% compared to the S&P 500’s increase of about 33.7%. Netflix saw a rise in ranking on the WhaleWisdom Heatmap to an impressive level of five from 43, and hedge funds were buying.
Facebook, Inc. (FB) saw continued growth over the past year, outperforming the S&P 500 and rising by approximately 66.3% compared to the S&P’s gain of about 32.5% since the beginning of 2020. However, hedge funds were actively selling the stock in the first quarter. Still, the company climbed to a ranking of sixteen on the WhaleWisdom Heatmap.
Automatic Data Processing Inc. (ADP) stocks rose over the past two years, though it underperformed the S&P 500. By mid-June 2021, ADP rose by approximately 15.8% compared to the S&P’s gain of about 30.7%. Though hedge funds were selling, the company was added to the WhaleWisdom WhaleIndex 100 on May 19, 2021.