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.

Here’s Why Monster Worldwide Inc. (MWW), Oceaneering International Inc. (OII) & Three Other Stocks Are Trending Today

Page 1 of 2

Factory production data reported a third increase in four months while Bank of America announced better than expected quarterly results. The broader markets have opened jittery with indices trading in negative territory, but are currently slightly in the green.

Meanwhile, a number of stocks are trading today, including Monster Worldwide Inc. (NYSE:MWW), Oceaneering International Inc. (NYSE:OII), InspireMD Inc. (NYSEMKT:NSPR), Almost Family Inc. (NASDAQ:AFAM) and Community Health Systems (NYSE:CYH). In this article, we will discuss the latest news surrounding these stocks and will assess the smart money sentiment towards them.

The smart money sentiment is an important metric that can be used to assess the long-term profitability of a stock. While there are thousands of stocks trading daily on the market, taking a look at what hedge funds think about certain companies can narrow down the search significantly. At Insider Monkey, we track more than 740 hedge funds, whose 13F filings we analyze as part of our small-cap strategy. Our research has shown that imitating a portfolio that includes the 15 most popular small-cap stocks among hedge funds can outperform the market by as much as 95 basis points per month on average (see more details here).

investment, accounting, research, market, marketing, trade, business, funds, report, stock, plan, graph, concept, profit, money, paperwork, forecast, growth, hand, diagram, calculator

Zadorozhnyi Viktor/

Monster Worldwide Inc. (NYSE:MWW) stock in the spotlight on the back of the company’s announcement setting the record date for a proposed consent solicitation received from MediaNews Group Inc., which opposes the agreement between Monster Worldwide Inc. (NYSE:MWW) and Randstad North America Inc., which involves the acquisition of Monster Worldwide at $3.40 per share. The consent solicitation date was set at October 25 and Monster Worldwide board recommends disregarding MNG’s consent solicitation and tender their shares. Among the funds we track, 19 funds held $26 million worth of Monster Worldwide’s stock in aggregate at the end of June, having amassed 12.50% of its outstanding stock, compared to 19 investors that held $34 million worth of shares a quarter earlier.

Follow Monster Worldwide Inc. (NYSE:MWW)
Trade (NYSE:MWW) Now!

Oceaneering International Inc. (NYSE:OII) stock has inched down by 0.90% on the news that the company has acquired Blue Ocean Technologies. The deal will help Oceaneering International in boosting its subsea services and offer riserless light well intervention. The all cash deal is worth $30 million with Oceaneering International investing about $10 million for completing the construction of the two RLWI system. The number of funds from our database long Oceaneering International Inc. (NYSE:OII) advanced to 32 from 24 during the second quarter, while the total value of their holdings declined to $188 million from $196 million.

Follow Oceaneering International Inc (NYSE:OII)
Trade (NYSE:OII) Now!
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!