SunGard's hottest stocks
12 November 2014 Global
Image: Shutterstock
The hottest stocks from around the globe for the week beginning 10 November 2014 have been compiled by SunGard’s Astec Analytics.
UK retailer Marks & Spencer Group (MKS.L) is Astec’s top pick for Europe, the Middle East and Africa (EMEA) after it announced its H1 results, which despite showing “fairly soft” numbers did little to hurt the share price.
Data from Astec suggests short sellers may have paused for thought, with borrowing volumes holding steady despite the gains.
The number still stands at more than double the level it was on 1 October, hinting that the short side is not yet ready to cut their losses.
Truck and tractor manufacturer CNH Industrial NV (CNHI) is also back in the list for EMEA, as it gained fresh attention after Sergio Marchionne, CEO of Italian carmaker Fiat, exercised his options in CNH, as part of a broader move on his part following Fiat Chrysler's decision to spin off the Ferrari brand.
CNH's share made gains during the week, while on the borrowing front Astec’s data still suggests short interest is betting on downward moves; borrowing volumes having more than doubled since the start of October.
Herbalife (HLF) is the top pick for North America after it posted its latest earnings numbers, which disappointed the cash market and spurred a 30 percent sell-off over the week.
On the borrowing front meanwhile, Astec's data suggests the poor numbers also triggered growing short interest, despite such a large fall in the price, with borrowing volumes growing 15 percent in the days following the news.
GoPro (GPRO) also held focus in the wake of its earnings numbers last month, as its shares saw some mild profit taking. On the borrowing front, Astec’s data suggests short sellers were growing their positions over the week, with borrowing up an additional 9 percent in that time.
Japanese automaker Toyota Motor Corp. (7203) is Astec’s top pick for the Asia Pacific region following its latest earnings numbers; with somewhat mixed signals as it upgraded its annual profit expectations but reduced its full-year vehicles sales target.
Astec stated: “From a short selling perspective, the securities lending numbers suggest bets against the stock gains have been building since the start of this month, with the number of Toyota shares being borrowed climbing 37 percent since 3 November, albeit from a relatively low base.”
Finally, Chinese property developer Agile Property Holdings (3383.HK) has been singled out by Astec as it announced it held pre-sales gross floor area of 537,000 square metres in October, worth around $816 million.
While its shares made good ground in the cash market, data from Astec suggests short sellers maintained their downward bets borrowing volumes having more than doubled since September.
UK retailer Marks & Spencer Group (MKS.L) is Astec’s top pick for Europe, the Middle East and Africa (EMEA) after it announced its H1 results, which despite showing “fairly soft” numbers did little to hurt the share price.
Data from Astec suggests short sellers may have paused for thought, with borrowing volumes holding steady despite the gains.
The number still stands at more than double the level it was on 1 October, hinting that the short side is not yet ready to cut their losses.
Truck and tractor manufacturer CNH Industrial NV (CNHI) is also back in the list for EMEA, as it gained fresh attention after Sergio Marchionne, CEO of Italian carmaker Fiat, exercised his options in CNH, as part of a broader move on his part following Fiat Chrysler's decision to spin off the Ferrari brand.
CNH's share made gains during the week, while on the borrowing front Astec’s data still suggests short interest is betting on downward moves; borrowing volumes having more than doubled since the start of October.
Herbalife (HLF) is the top pick for North America after it posted its latest earnings numbers, which disappointed the cash market and spurred a 30 percent sell-off over the week.
On the borrowing front meanwhile, Astec's data suggests the poor numbers also triggered growing short interest, despite such a large fall in the price, with borrowing volumes growing 15 percent in the days following the news.
GoPro (GPRO) also held focus in the wake of its earnings numbers last month, as its shares saw some mild profit taking. On the borrowing front, Astec’s data suggests short sellers were growing their positions over the week, with borrowing up an additional 9 percent in that time.
Japanese automaker Toyota Motor Corp. (7203) is Astec’s top pick for the Asia Pacific region following its latest earnings numbers; with somewhat mixed signals as it upgraded its annual profit expectations but reduced its full-year vehicles sales target.
Astec stated: “From a short selling perspective, the securities lending numbers suggest bets against the stock gains have been building since the start of this month, with the number of Toyota shares being borrowed climbing 37 percent since 3 November, albeit from a relatively low base.”
Finally, Chinese property developer Agile Property Holdings (3383.HK) has been singled out by Astec as it announced it held pre-sales gross floor area of 537,000 square metres in October, worth around $816 million.
While its shares made good ground in the cash market, data from Astec suggests short sellers maintained their downward bets borrowing volumes having more than doubled since September.
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