Walt Disney Co.’s (DIS) stock has surged since the middle of June by more than 13 percent, as investors begin to focus on the company’s direct to consumer streaming media future. Hedge Funds were buying shares of Disney during the second quarter making the stock the third hottest stock among the 150 hedge funds WhaleWisdom tracks for its heat map. As a result, WhaleWisdom added the stock to its WhaleIndex 100.
Gentherm Inc.’s (THRM) stock has surged by more than 43 percent in 2018, and nearly 28 percent since being added to the WhaleWisdom 100 Index on May 16. Hedge Funds were adding shares of the stock to their portfolio’s throughout the first quarter.
Chamath Palihapitiya wasn’t the only investor that thought it was a great stock pick because institutions were adding shares of the stock to their portfolios during the first quarter as well. Box was added to the WhaleWisdom 100 Index in the middle of May, due to the strong appetite for the stock among institutions
NVIDIA shares have soared over the past three years surging by more than tenfold. An incredible run, putting the stock in a group of the elite performers. Analysts and investors continue to think shares of NVIDIA can rise even higher, adding to its already monstrous gains.
PayPal Holdings Inc. (PYPL) shares have soared over the past two years climbing by 113.5 percent since the end of 2015. However, during the fourth-quarter of 2017 institutions and hedge funds were aggressively reducing their stakes in the online payment processor. Shares of the stock have climbed by only five percent so far in 2018, …