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 These 5 Stocks Are Surging Today: Rovi, Cheetah Mobile, StemCells, More

Page 1 of 2

It’s a relatively quiet day on Wall Street as all three indexes are close to break-even.

Among the stocks gaining ground on Monday are Lantronix Inc (NASDAQ:LTRX), Rovi Corporation (NASDAQ:ROVI), Cheetah Mobile Inc (ADR) (NYSE:CMCM), StemCells Inc (NASDAQ:STEM), and Momo Inc (ADR) (NASDAQ:MOMO). Let’s find out why traders are buying each stock and use the latest 13F data to see how the world’s best investors are positioned in them.

We believe that imitating hedge funds and other large institutional investors can be helpful in identifying stocks capable of outperforming the broader market. Through extensive research that covered portfolios of several hundred large investors between 1999 and 2012, we determined that following the small-cap stocks that large money managers are collectively bullish on, can generate monthly returns nearly 1.0 percentage points above the market (see the details here).

Wall Street Bull

Wall Street Bull

Lantronix Spikes on Program

Nano-cap Lantronix Inc (NASDAQ:LTRX) is 20% in the green today after the company announced a new premier partner program for ITM resellers. The premier partner program provides discounts and incentives for resellers that might “aggressively expand access to our industry-leading SLC 8000 solution in the marketplace,” according to CEO Jeff Benck. Given the nano-cap nature of Lantronix Inc (NASDAQ:LTRX), only three funds out of the 749 funds in our system that filed 13F’s for the June 30 reporting period, held a stake in the company at that time. As with all nano-caps, investors should exercise due-diligence before buying or selling its shares.

Follow Lantronix Inc (NASDAQ:LTRX)
Trade (NASDAQ:LTRX) Now!

Rovi Up on Agreement

Investors have bid up Rovi Corporation (NASDAQ:ROVI) shares to the tune of 7% today after Rovi signed a 10-year patent renewal license agreement with a subsidiary of DISH Network Corp (NASDAQ:DISH). The renewal validates the long-term value of Rovi’s IP portfolio with traditional and next-generation pay-TV providers and provides Rovi Corporation (NASDAQ:ROVI) with more predictable cash flow for future years. The number of funds in our database with stakes in Rovi inched lower by two quarter-over-quarter to 22 at the end of June.

Follow Rovi Corp (NASDAQ:ROVI)
Trade (NASDAQ:ROVI) Now!

On the next page we’ll examine why Cheetah Mobile, StemCells, and Momo Inc are trading in the green today.

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...
X

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!