Here’s Why Traders Are Buzzing About These Five Stocks Today

Du Pont Dives Into Start Ups

E I Du Pont De Nemours And Co (NYSE:DD) is teaming up with Bayer, Finistere Ventures and two other companies to form a $15-million accelerator fund that will invest in early-stage ag-tech startups. Although the fund is relatively small by VC standards, it could help boost returns for Du Pont by unlocking tech breakthroughs as the science in the sector continues to progress. The investment made by DuPont in the VC fund is also the first time the company has invested in the ag-tech start-up scene. Of the 766 elite funds we track, 32 funds amassed $3.24 billion worth of E I Du Pont De Nemours And Co (NYSE:DD)’s stock, which accounted for 5.90% of the float on March 31, versus 35 funds and $3.38 billion, respectively, on December 31.

Analysts Give the Thumbs Up to Priceline 

Priceline Group Inc (NASDAQ:PCLN) shares are up after analysts at Barclays upgraded the stock to ‘Overweight’ from ‘Equal Weight’ and raised their price target to $1,500 from $1,300. The analysts think the travel website portal’s current valuation reflects too much pessimism about Priceline’s future prospects. Shares of the company have been stuck in a trading range for several years and have gained just 5% year-to-date. A total of 87 funds among those we track owned shares of Priceline Group Inc (NASDAQ:PCLN) at the end of the first quarter, up by two funds from the previous quarter.

Facebook Ramps Up Spending on Live Video

According to the Wall Street Journal, Facebook Inc (NASDAQ:FB) has made deals with almost 140 celebrities and media companies to produce videos for the company’s live video-streaming feature. The deals will pay the video creators in excess of $50 million in aggregate and include prestigious names such as CNN, Vox Media, and the New York Times as partners. Other participants include celebrities such as Russell Wilson and Gordon Ramsay. If Facebook’s live feature takes off, the company could have more inventory to sell lucrative video ads on. At the end of March, 164 funds owned shares of Facebook Inc (NASDAQ:FB), making the social media company the second most popular stock among the funds we track after Allergan plc Ordinary Shares (NYSE:AGN).

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