Coca Cola Co. (KO) seems like a strange stock to be hot among hedge fund investors. However, that is exactly what Coke was during the second quarter. The stock has risen by more than 16% in 2019 and is keeping pace with the S&P 500, which has increased by about 16.5%.

Zillow Group Inc. (Z) will report results on August 7. Analysts are forecasting Zillow to have seen significant revenue growth during its second quarter. Currently, revenue estimates are for $586 million, 80% greater than the same period a year ago. The significant increase in revenue isn’t expected to translate into earnings growth, with the company forecasted to lose $0.22 in the second quarter.

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 […]

Snap Inc. (SNAP) may be the comeback story of 2019, with the stock up more than 150% thus far. Hedge funds were buying Snap aggressively in the first quarter as the shares were rising off their December lows.  Even since the end of the first quarter, the stock has continued to rise, and it may […]

Redfin Corp.’s (RDFN)  stock has fallen nearly 14% over the past 52-weeks, but it has been on the rebound in 2019. The shares of the online real estate brokerage fell sharply in August, after the company reported weak third quarter results due to a slowing housing market. Now, that may all be changing.

Institutions and hedge funds were buying the stock throughout the third quarter, and as a result, the shares were added to the WhaleWisdom WhaleIndex 100 on November 15. Since being added to the index, the stock has risen a shocking 16%, easily topping the S&P 500’s decline of about 1%.