What You Need to Know About These 4 Rallying Stocks

In other news, Cyberark Software Ltd (NASDAQ:CYBR) shares have surged by 9.25% after analysts at JPMorgan upgraded the company to ‘Overweight’ from ‘Underweight’ and assigned a price target of $48 per share on the stock. The analysts upgraded the company because they believe CyberArk will experience strong demand in the privileged account security sector and the end point security sectors in 2016. Cyberark Software Ltd (NASDAQ:CYBR) shares could use any help they can get, as the stock is down by over 40% from its 52-week high in June. Our data shows that hedge funds were losing some optimism for Cyberark, with the number of elite funds long the stock declining by 2 quarter-over-quarter to 21 holding stakes as of the end of the third quarter.

Last on our list is Global Partners LP (NYSE:GLP), whose shares are up by 2% on the day because of improving sentiment. Although shares of the company are down by 26.5% year-to-date, they trade at 15-times forward earnings and offer a dividend yield of 12.44%. If crude prices bounce back and U.S oil and gas production makes a resurgence, Global Partners LP (NYSE:GLP) will do well. None of the 730 elite funds that we track owned shares of Global Partners LP at the end of the third quarter.

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