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.

These Four Stocks Are Gaining Ground for Different Reasons

Northern Tier Energy LP (NYSE:NTI) jumped by some 8% after the bell and has kept that momentum on the back of Western Refining, Inc. (NYSE:WNR)’s bid to buy it for $17.50 in cash and 0.2266 of its common shares, in a deal worth $1.6 billion. Western Refining already owns 38% of Northern Tier Energy LP, and including the 15% premium, the deal has a high chance to succeed. Northern Tier’s stock has gained 18% since the beginning of the year, and since it’s a Master Limited Partnership, it pays high dividends, as evidenced by its stock sporting a yield of over 16%.

Follow Northern Tier Energy Lp (NYSE:NTI)
Trade (NYSE:NTI) Now!

Merit Medical Systems, Inc. (NASDAQ:MMSI) has appreciated by some 12% today, which partly offset its 25% drop on Friday. The drop came on the back of Merit’s financial results for the third quarter, which included revenue of $136 million, up by 6% on the year and EPS of $0.20 (non-GAAP), down from $0.25 reported a year earlier. Moreover, the revenue missed the estimates of $137.8 million, while the EPS met the expectations. However, the stock is still up by 15% year-to-date and earlier today Barrington Research upgraded the stock to ‘Outperform’ from ‘Market Perform’, with a $22.00 price target on it. On the other hand, among the funds from our database, Merit Medical Systems has been a rather unpopular stock, since only 18 funds reported stakes equal to 8% of the company’s outstanding stock at the end of June. During the third quarter, billionaire Ken Fisher‘s Fisher Asset Management initiated a stake in Merit Medical Systems, Inc., reporting a stake containing 147,755 shares in its latest 13F.

Follow Merit Medical Systems Inc (NASDAQ:MMSI)
Trade (NASDAQ:MMSI) Now!

Disclosure: None

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.