Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

4 Stocks Heading Into Thanksgiving On A High Note

Page 1 of 2

Bon-Ton Stores Inc. (NASDAQ:BONT), Straight Path Communications Inc. (NYSEMKT:STRP), Genetic Technologies Limited (NASDAQ:GENE) and Guess’ Inc. (NYSE:GES) are trading in positive territory as trading winds down this afternoon with the Thanksgiving holiday looming tomorrow. We’ll take a closer look at the news behind the strong performance of these stocks today and see how the funds from our database have been trading them of late.

Let’s first take a step back and analyze how tracking hedge funds can help an everyday investor. Through our research we discovered that a portfolio of the 15 most popular small-cap picks of hedge funds beat the S&P 500 Total Return Index by nearly a percentage point per month on average between 1999 and 2012. On the other hand the most popular large-cap picks of hedge funds underperformed the same index by seven basis points per month during the same period. This is likely a surprise to many investors, who think of small-caps as risky, unpredictable stocks and put more faith (and money) in large-cap stocks. In forward tests since August 2012 these top small-cap stocks beat the market by an impressive 53 percentage points, returning 102% (read the details here). Follow the smart money into only their best investment ideas all while avoiding their high fees.

After announcing an exclusive online sale, Bon-Ton Stores Inc. (NASDAQ:BONT) found itself soaring by 36.93%. Bon-Ton Stores Inc. (NASDAQ:BONT), which offers national and private brand fashion apparel and accessories, as well as cosmetics and home furnishings, said the “Cyber Monday” sale will run from Sunday, November 29 through Monday, November 30. The deal allows customers to cut $50 off their online purchases of $100 or more. In addition, customers can use a 25% off savings pass on sale-priced merchandise and shop over 200 store-wide bonuses available in stores and online. Cyber Monday offers will be available through the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s, and Younkers brands.

Through the end of September, 8 funds out of the 730 in Insider Monkey’s database held 24.00% of the company’s outstanding shares. Top investor Brigade Capital, managed by Don Morgan, holds 1.8 million shares of Bon-Ton.

Follow Bon Ton Stores Inc (NASDAQ:BONT)
Trade (NASDAQ:BONT) Now!

Straight Path Communications Inc. (NYSEMKT:STRP)’s shares have risen by 31.07% after the U.S Court of Appeals ruled in the company’s favor regarding a patent violation, rejecting a claim construction that had previously been central to the USPTO Appeal Board’s decision that went against Straight Path. That continues a good run for the stock this week that followed independent investor Lloyd Miller III revealing ownership of 854,784 shares or 7.5% of the company’s class B common stock. Separately, Straight Path Communications Inc. (NYSEMKT:STRP) notified its investors that it will hold its annual shareholder meeting on Tuesday, January 12, 2016.

According to Insider Monkey’s data, 13 funds that we track held 13.70% of the company’s outstanding stock through the end of September. Point State Capital, a fund managed by Zach Schreiber, holds 500,000 shares of Straight Path worth $20 million.

Follow Straight Path Communications Inc. (NYSEMKT:STRP)

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!