SunGard’s hottest stocks
30 July 2015 London
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Aveva Group, Google and Samsung C&T Corporation are SunGard’s latest top picks.
UK engineering software company Aveva (AVV.L) is SunGard’s top pick for Europe, the Middle East and Africa after news of a £1.3 billion takeover by Schneider Electric propelled its stock price 33 percent higher.
Following news of the takeover, data from SunGard's Astec Analytics suggests short sellers were covering their positions the week before, with borrowing volumes down 17 percent.
In the US, SunGard pinpointed Google (GOOG) as one to watch following a strong earnings announcement.
The news that advertisers on its subsidiary, YouTube, increased 40 percent in the past year sent Google’s share value through the $700 million mark for the first time, according to SunGard, although short sellers have been active in the meantime, with borrowing volumes up 10 percent.
Samsung C&T Corporation (000830.KS) is SunGard’s latest top pick for the Asia Pacific region, after it approved its acquisition by family controlled affiliate Cheil Industries, despite the efforts of US activist fund Elliott Associates to block the deal.
Astec's data suggests that short selling has picked up, with the number of shares being borrowed climbing about 20 percent, albeit from a relatively low base.
UK engineering software company Aveva (AVV.L) is SunGard’s top pick for Europe, the Middle East and Africa after news of a £1.3 billion takeover by Schneider Electric propelled its stock price 33 percent higher.
Following news of the takeover, data from SunGard's Astec Analytics suggests short sellers were covering their positions the week before, with borrowing volumes down 17 percent.
In the US, SunGard pinpointed Google (GOOG) as one to watch following a strong earnings announcement.
The news that advertisers on its subsidiary, YouTube, increased 40 percent in the past year sent Google’s share value through the $700 million mark for the first time, according to SunGard, although short sellers have been active in the meantime, with borrowing volumes up 10 percent.
Samsung C&T Corporation (000830.KS) is SunGard’s latest top pick for the Asia Pacific region, after it approved its acquisition by family controlled affiliate Cheil Industries, despite the efforts of US activist fund Elliott Associates to block the deal.
Astec's data suggests that short selling has picked up, with the number of shares being borrowed climbing about 20 percent, albeit from a relatively low base.
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