SunGard's hottest stocks
18 September 2014 Global
Image: Shutterstock
The hottest stocks from around the globe for the week beginning 15 September 2014 have been compiled by SunGard’s Astec Analytics.
Airbus Group (AIR.PA) is Astec’s top pick for the Europe, Middle East and Africa region after its shares underwent some profit taking in the cash market, following robust gains because of strong new aircraft order numbers.
Meanwhile, data from Astec suggests short sellers had a more optimistic view, with borrowing of its shares falling 21 percent over the week.
French geoscience company CGG (CGG.PA) finds itself just below in the list as it continues to see some new orders coming through, with its shares holding onto the 20 percent gains made so far in the month.
Astec stated that short sellers seem to be “of an opposite sentiment regarding the position of its stock in the cash market”, with borrowing of its shares also currently onto the gains made over the last month—up about 21 percent over the preceding six weeks.
The Mexican telecoms firm América Móvil (AMXL.MX) is Astec’s top pick for North America as talk emerged they were interested in a potential bid for Telecom Italia's Brazilian operations, which has since been confirmed.
Astec’s data suggests short sellers may still be sceptical of the longer-term gains made in the cash market—borrowing is up more than 50 percent since the start of August.
Tech firm GT Advanced Technologies (GTAT) has seen its share price plummet over 25 percent last week, suffering as Apple's latest iPhones hit the market without the use of GT's sapphire screens, despite a number of internal purchases during the week.
On the borrowing front, data from Astec suggests that short sellers continued to take an interest despite the stock falling, with borrowing volumes edging 4 percent higher in the week.
The Japanese tech goliath Sony is Astec’s top pick for Asia, after news that US media firm Viacom has agreed to provide 22 of its networks for Sony's upcoming cloud-based TV service.
Sony also saw some attention ahead of their latest earnings numbers, with the market seeming fairly optimistic overall as its shares climbed 6 percent, according to Astec.
On the sec lending front, the data suggests short sellers were growing more positive, with borrowing falling about 9 percent in the week.
Also high in Astec’s estimations is the Japanese conglomerate Seibu Holdings (9024), which continues to see borrowing activity driving it to the top of the list. The number of its shares being borrowed are now triple the levels it saw at the start of August.
Taken in context of its share price that, although down, has lost only 6 percent in this same time (and less than 10 percent from its peak mid-August), it would seem short sellers are still far more pessimistic of the stock's levels than the cash market currently is.
Airbus Group (AIR.PA) is Astec’s top pick for the Europe, Middle East and Africa region after its shares underwent some profit taking in the cash market, following robust gains because of strong new aircraft order numbers.
Meanwhile, data from Astec suggests short sellers had a more optimistic view, with borrowing of its shares falling 21 percent over the week.
French geoscience company CGG (CGG.PA) finds itself just below in the list as it continues to see some new orders coming through, with its shares holding onto the 20 percent gains made so far in the month.
Astec stated that short sellers seem to be “of an opposite sentiment regarding the position of its stock in the cash market”, with borrowing of its shares also currently onto the gains made over the last month—up about 21 percent over the preceding six weeks.
The Mexican telecoms firm América Móvil (AMXL.MX) is Astec’s top pick for North America as talk emerged they were interested in a potential bid for Telecom Italia's Brazilian operations, which has since been confirmed.
Astec’s data suggests short sellers may still be sceptical of the longer-term gains made in the cash market—borrowing is up more than 50 percent since the start of August.
Tech firm GT Advanced Technologies (GTAT) has seen its share price plummet over 25 percent last week, suffering as Apple's latest iPhones hit the market without the use of GT's sapphire screens, despite a number of internal purchases during the week.
On the borrowing front, data from Astec suggests that short sellers continued to take an interest despite the stock falling, with borrowing volumes edging 4 percent higher in the week.
The Japanese tech goliath Sony is Astec’s top pick for Asia, after news that US media firm Viacom has agreed to provide 22 of its networks for Sony's upcoming cloud-based TV service.
Sony also saw some attention ahead of their latest earnings numbers, with the market seeming fairly optimistic overall as its shares climbed 6 percent, according to Astec.
On the sec lending front, the data suggests short sellers were growing more positive, with borrowing falling about 9 percent in the week.
Also high in Astec’s estimations is the Japanese conglomerate Seibu Holdings (9024), which continues to see borrowing activity driving it to the top of the list. The number of its shares being borrowed are now triple the levels it saw at the start of August.
Taken in context of its share price that, although down, has lost only 6 percent in this same time (and less than 10 percent from its peak mid-August), it would seem short sellers are still far more pessimistic of the stock's levels than the cash market currently is.
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