Stealth Gainers: 5 Under-the-Radar Stocks That Are Flying High Today

Page 2 of 2

Itau Unibanco Up on Strengthening Brazilian Markets

Itau Unibanco Holding SA (ADR) (NYSE:ITUB) is maintaining last week’s rally following the rise in metal prices and Brazil’s strengthening benchmark stock index. Itau Unibanco is also making an effort to deplete its dependency on the Brazilian economy and internationalize its business. It recently completed the merger of its Chilean operation with CorpBanca, which has resulted in the formation of a major bank in Latin America. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) is up by 3.16% today.

Cliff Asness’ AQR Capital Management was one of the 15 hedge funds in our database with stakes in Itau Unibanco Holding SA (ADR) (NYSE:ITUB) on March 31, owning over 7.02 million shares of the company.

Seadrill Gaining As Oil Prices Reach New Highs

Shares of Seadrill Ltd (NYSE:SDRL) have gained more than 6% today as oil prices reached new 2016 highs on Wednesday following reports of a decline in U.S crude stockpiles. Supply disruptions in Nigeria and increased Chinese oil imports are also boding well for the Bermuda-based deepwater drilling contractor. 22 hedge funds that we track were long Seadrill Ltd (NYSE:SDRL) as of the end of March, with their positions valued at $110.8 million.

Follow Seadrill Ltd (NYSE:SDRL)

Helios and Matheson Flying High After Zone Technologies Merger

Helios and Matheson Analytics Inc (NASDAQ:HMNY)’s stock has surged by more than 28% today after it announced the acquisition of Zone Technologies, the creator of RedZone Maps, a GPS-based, real-time crime and navigation map application. The two companies plan to increase the app’s AI capabilities in order to compete with Google’s Waze app. In a statement, Helios and Matheson Analytics CEO Pat Krishnan said that the company plans to continue increasing the value of its data so customers can make better decisions. Helios and Matheson Analytics saw the largest trading volume day in the stock’s history on Tuesday.

Follow Helios Strategic Mortgage Income Fund Inc. (NYSE:HSM)

Disclosure: None

Page 2 of 2