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.

Why Are These Four Stocks Surging on Wednesday?

Page 1 of 2

Four stocks from the retail, finance and technology segments are rallying on Wednesday, amid strong moves in the main indices. Let’s take a look at the factors which have led to the performance of these companies and see what is the sentiment toward them among the funds from our database.

stocks, analysis, market, numbers, business, ticker, trade, money, price, investment, index, chart


At Insider Monkey, we track hedge funds’ moves in order to identify actionable patterns and profit from them. Our research has shown that hedge funds’ large-cap stock picks historically underperformed the S&P 500 Total Return Index by an average of seven basis points per month between 1999 and 2012. On the other hand, the 15 most popular small-cap stocks among hedge funds outperformed the S&P 500 Index by an average of 95 basis points per month (read more details here). Since the official launch of our small-cap strategy in August 2012, it has performed just as predicted, returning over 102% and beating the market by more than 53 percentage points. We believe the data is clear: investors will be better off by focusing on small-cap stocks utilizing hedge fund expertise (while avoiding their high fees at the same time) rather than large-cap stocks.

Milwaukee-based supermarket operator Roundy’s Inc. (NYSE:RNDY) made a big leap on Wednesday, with a 58.93% gain since the opening bell. The positive investor sentiment followed after Cincinnati-based Kroger Co. (NYSE:KR) announced plans to acquire Roundy’s Inc. (NYSE:RNDY) in an $800 million deal, including debt, or $3.60 per share. To execute the agreement, Kroger Co. (NYSE:KR) will launch a tender offer for all of the outstanding shares of Roundy’s common stock. Shares of Roundy’s Inc. (NYSE:RNDY) common stock which are not acquired will be sold to Kroger in a subsequent merger, the companies said in a joint statement. According to our database, 33 out of 730 funds in our database held 2.80% of the Roundy’s Inc. (NYSE:RNDY)’s outstanding stock at the end of June. Among them, billionaire quant Jim Simons’ Renaissance Technologies, reported holding 1.74 million shares of Roundy’s as of the end of June; Renaissance more than doubled the stake over the quarter.

Follow Roundy's Inc. (NYSE:RNDY)
Trade (NYSE:RNDY) Now!

On the following page we are going to discuss the developments behind the appreciation of Amira Nature Foods Ltd. (NYSE:ANFI), Mizuho Financial Group Inc. (NYSE:MFG), and Alarm.Com Holdings Inc. (NASDAQ:ALRM). 

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!