Why Are Investors Excited About These Five Stocks Today?

Next on our list of intraday gainers is MeetMe Inc (NASDAQ:MEET), whose shares are up by 7% after the social network announced a record of more than 30 million chats in one single day. This movement makes the stock trades nearly its 52-week high. MeetMe Inc (NASDAQ:MEET) registered a decrease in popularity among smart money investors, with only four funds holding long positions at the end of the third quarter, versus seven funds three months earlier. Joseph A. Jolson‘s Harvest Capital Strategies was the largest shareholder with 4.6 million shares, valued at $7.27 million at the end of September, accounting for 1.3% of its total 13F portfolio.

Solaredge Technologies Inc (NASDAQ:SEDG) shares are up by 5% today, extending its rally that started around two weeks ago on the back of solar tax credit extension news. Analysts are also gaining more optimism and for the current quarter, EPS estimations have increased to $0.34 from $0.33 per share, as well as full-year estimates went up to $1.41 from $1.38 per share. Among the funds we follow, 16 reported long positions in Solaredge Technologies as of the end of September, down by one fund from a quarter earlier.

Finally, in our list of intraday gainers is Universal Display Corporation (NASDAQ:OLED), whose shares have surged about 7% amid reports that Apple Inc. (NASDAQ:AAPL) will use OLED screens in their future iPhone models. Our data show that 14 funds in our database were long Universal Display Corporation (NASDAQ:OLED) at the end of September, up from 13 funds at the end of June. Together they hold some 15% of the company’s common stock while Rob Citrone‘s Discovery Capital Management is the largest shareholder, owning 4.18 million shares valued at $141.7 million as of the end of September.

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