Nimble Storage Inc (NYSE:NMBL), Criteo SA (ADR) (NASDAQ:CRTO) and Enphase Energy Inc (NASDAQ:ENPH) are starting off the week strong and this Monday’s top gainers midday. The losers are Hillshire Brands Co (NYSE:HSH), Herbalife Ltd. (NYSE:HLF) and BioFuel Energy (NASDAD:BIOF).
Nimble Storage Surges
Nimble Storage Inc (NYSE:NMBL) surged +14.62% midday today as Needham & Company upgraded its rating. The Tiger Global pick is still down -47.79% YTD.
These Are John Buckingham’s Stock Picks For 2021
The economy remains in distress, although there are signs of recovery underway. John Buckingham of Kovitz, editor of The Prudent Speculator newsletter, has found that value stocks typically outperform coming out of economic downturns. Thus, he argues that this is an excellent time to be a value investor. Q4 2020 hedge fund letters, conferences and Read More
Jumping +8.99% is Criteo SA (ADR) (NASDAQ:CRTO), rebounding from last week’s -16.11% loss. Results for the company, also a Tiger Global asset, were released on May 6th.
Daniel Loeb investment Enphase Energy Inc (NASDAQ:ENPH) is last, up +8.59%. The solar systems manufacturer widens its YTD gain to +37.04%.
Hillshire Brands Slips
Down -6.47%, today’s biggest loser midday is Hillshire Brands Co (NYSE:HSH), even after its purchase of rival Pinnacle Foods hit the news. George Soros has a position in the company.
Herbalife Ltd. (NYSE:HLF) slipped -2.87%. The George Soros and Carl Icahn pick is down -23.76% this year.
And although data today showed that the solar industry is quite the job-growth driver, BioFuel Energy Corp. (NASDAQ:BIOF) lost -2.52%. Despite today’s slight dip, the company is up +261.99% this year alone – meaning nice profits for investors David Einhorn and Daniel Loeb.