Facebook Inc.’s (FB) stock has gone from a Wall Street hero to zero in a matter of months. The stock has tumbled 39% since peaking in July around the price of $220 per share. Now the stock trades around a price of $132 and could be heading even lower.
The stock was added to the WhaleWisdom WhaleIndex on May 18, 2015 and has increased 63%, easily beating the S&P 500’s rise of 24%. Despite the strong long-term performance, sentiment has changed quickly.
To say that Twilio Inc. (TWLO) has had a healthy 2018 is an understatement. That is because the stock has risen by nearly fourfold this year, crushing the S&P 500’s return of 4%. It is hard to find any stock that has put together the same type of performance this year
Talend SA (TLND) stock has climbed by over 82% in 2018 driven by strong revenue growth. The stock’s growth hasn’t gone unnoticed because hedge funds and institutions were adding the stock to their portfolio in the second quarter. As a result, Whale Wisdom included the stock in the WhaleWisdom 100 Index in the middle of August.
Lowes Companies Inc.’s (LOW) stock has been on fire increasing by over 40% since early May; outperforming Home Depot Inc. (HD) and the S&P 500 during that time. The top 150 hedge funds WhaleWisdom tracks for its heat map where adding the home improvement retailer to their portfolios during the second quarter. The buying was convincing enough for WhaleWisdom to include the stock in the WhaleWisdom WhaleIndex 100.
VMware Inc.’s (VMW) stock has climbed by more than 22 percent in 2018, and hedge funds were adding the stock to their portfolios at a furious pace in the second quarter. During the quarter, the stock rose to number 31 of the top 100 stocks on the WhaleWisdom Heat Map. Additionally, it was added to the WhaleWisdom WhaleIndex 100 on August 15.