Why These Five Stocks Are Making Big Moves Today

Next, we’ve got Teck Resources Ltd (USA) (NYSE:TCK), the natural resource company, whose stock has surged by around 20% so far today, without any particular news influencing the move. Moreover, investors should notice that the stock has jumped by 86% year-to-date, mainly on the back of the recovery registered by the mining industry on the back of commodities prices growth. During the fourth quarter, the number of funds bullish on Teck Resources Ltd (USA) (NYSE:TCK) went down to 15 from 19. Among these funds, Robert Bishop’s Impala Asset Management owns 1.56 million shares  according to its latest 13F filings.

Alcoa Inc (NYSE:AA)’s shares have rallied by 11% after The Fortune Magazine named it as “the most admired metals company” for the fifth consecutive year in an annual ranking regarding corporate reputation. Moreover, the lightweight metals engineering and manufacturing company occupies this prominent place for more than three decades. The ranking is based on surveys of executives; directors and analysts, who rate companies in their industries and Alcoa earned top scores on the main attributes that emphasize on innovation, people management, quality of products and services and corporate social responsibility. A total of 41 funds reported ownership of Alcoa Inc (NYSE:AA) shares as of the end of December. Paul Singer‘s Elliott Management holds the largest stake in the company among the funds we follow, having reported ownership of 67.1 million shares in its latest 13F.

Finally, Weight Watchers International, Inc. (NYSE:WTW)’s shares are off by 5%, which has offset the gains witnessed on Friday on the back of the results of a study funded by the company. Researchers at the Indiana University School of Medicine found in their study that adults with prediabetes lost more weight when using the Weight Watchers program. Hedge funds have been optimistic on Weight Watchers International, Inc. (NYSE:WTW), with 24 funds long the stock at the end of the fourth quarter; up from 14 funds holding shares three months earlier. Andrew Feldstein and Stephen Siderow‘s Blue Mountain Capital owns 2.0 million shares  of Weight Watchers International, according to its latest 13F filing.

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