SunGard’s hottest stocks
08 April 2015 Global
Image: Shutterstock
SunGard’s Astec Analytics has compiled the hottest stocks from around the globe for the week beginning 30 March 2015.
Dutch delivery company TNT Express NV (TNTE.AS) is Astec’s top pick for Europe, the Middle East and Africa after news that US firm FedEx agreed a deal to acquire the firm for €4.4 billion, as part of a push to have a greater presence in the European market.
While TNT shares have been climbing steadily through March, data from Astec has shown a similar build-up of borrowing activity, suggesting short sellers were increasing their positions and betting on downward moves. Since 1 March 2015, the number of TNT shares being borrowed has climbed 65 percent.
Transocean (RIG) has also seen its share benefit from rising crude oil prices.
Astec commented: “Though perhaps somewhat lacklustre in terms of positivity on the short selling front, our data points at least towards a slightly less negative view last week, with borrowing volumes climbing just 3 percent, though this still means the metric is holding 28 percent higher than its low in February.”
In the Americas, Brazilian oil giant Petrobras SA (PETR3.BOV) is also stealing focus after its on-going corruption saga took another turn.
While its share price was edging higher last week, Astec’s data suggests short selling activity has been climbing since early March. In the past two weeks alone, borrowing has doubled.
Hot stocks regular, 3D Systems Corp (DDD), has seen fresh attention after news it entered into a partnership with 3D printing prosthetics company UNYQ, one of many such mergers and acquisitions DDD has been taking part in for the past few months.
As its share price edged higher, data from Astec has suggested demand to short sell was similarly climbing higher, albeit at a more measured pace, with the cost of borrowing rising from about 15 percent two weeks ago, to more than 28 percent.
South Korean electronics manufacturer Samsung (005930.KS) is Astec’s top pick in Asia after it posted its latest earnings numbers, beating analyst forecasts for Q1 2015 and offering some hope of a turnaround following its sharp fall in profits last year.
From a securities lending perspective, Astec's data suggests short selling activity has dipped, having previously been building, with borrowing volumes having now fallen 10 percent since 20 March.
Finally, Hanergy Thin Film Power Group (0566.HK) has garnered fresh attention after posting its latest earnings numbers, which despite announcing no final dividend, saw its share bolstered by rising profits and top line revenue growth.
Astec said: “With these share moves, borrowing volumes did pick up slightly—hinting at some attention on the part of short sellers, however as it stands borrowing levels are still about 70 million shares lower than mid-March.”
Dutch delivery company TNT Express NV (TNTE.AS) is Astec’s top pick for Europe, the Middle East and Africa after news that US firm FedEx agreed a deal to acquire the firm for €4.4 billion, as part of a push to have a greater presence in the European market.
While TNT shares have been climbing steadily through March, data from Astec has shown a similar build-up of borrowing activity, suggesting short sellers were increasing their positions and betting on downward moves. Since 1 March 2015, the number of TNT shares being borrowed has climbed 65 percent.
Transocean (RIG) has also seen its share benefit from rising crude oil prices.
Astec commented: “Though perhaps somewhat lacklustre in terms of positivity on the short selling front, our data points at least towards a slightly less negative view last week, with borrowing volumes climbing just 3 percent, though this still means the metric is holding 28 percent higher than its low in February.”
In the Americas, Brazilian oil giant Petrobras SA (PETR3.BOV) is also stealing focus after its on-going corruption saga took another turn.
While its share price was edging higher last week, Astec’s data suggests short selling activity has been climbing since early March. In the past two weeks alone, borrowing has doubled.
Hot stocks regular, 3D Systems Corp (DDD), has seen fresh attention after news it entered into a partnership with 3D printing prosthetics company UNYQ, one of many such mergers and acquisitions DDD has been taking part in for the past few months.
As its share price edged higher, data from Astec has suggested demand to short sell was similarly climbing higher, albeit at a more measured pace, with the cost of borrowing rising from about 15 percent two weeks ago, to more than 28 percent.
South Korean electronics manufacturer Samsung (005930.KS) is Astec’s top pick in Asia after it posted its latest earnings numbers, beating analyst forecasts for Q1 2015 and offering some hope of a turnaround following its sharp fall in profits last year.
From a securities lending perspective, Astec's data suggests short selling activity has dipped, having previously been building, with borrowing volumes having now fallen 10 percent since 20 March.
Finally, Hanergy Thin Film Power Group (0566.HK) has garnered fresh attention after posting its latest earnings numbers, which despite announcing no final dividend, saw its share bolstered by rising profits and top line revenue growth.
Astec said: “With these share moves, borrowing volumes did pick up slightly—hinting at some attention on the part of short sellers, however as it stands borrowing levels are still about 70 million shares lower than mid-March.”
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