Why Are Investors So Excited About These Four Stocks Today?

Cloud Peak Energy Inc. (NYSE:CLD) has gone against the market’s distaste for coal stocks, posting gains of over 10% today on strong quarterly results. The Powder River Basin coal operator earned $0.24 per share, while the market had been anticipating a loss of $0.13 per share. While coal shipments were down by 3.2% year-over-year to 20.8 million tons, expenses fell by 14.1% during the same timespan. With many other coal players reporting dismal results already this quarter, Cloud Peak Energy Inc. (NYSE:CLD)’s results do not signal a turnaround for coal, but simply exceptional management by the company in question, allowing it to stand as an outlier in the industry. Simons’ RenTech was also the top shareholder of Cloud Peak Energy in our database as of June 30.

Lastly is Infinera Corp. (NASDAQ:INFN), which has risen by 12.79% today, also on the strength of an earnings beat. Earnings of $0.22 beat estimates by over 29%, while revenue was up by 12.5% year-over-year to $232.47 million. Product revenue enjoyed especially strong growth for the provider of optical communication equipment, being up by over 37% to $202.37 million. Infinera Corp. (NASDAQ:INFN) recently released two new products, the DTN-X XT Series and the DTN-X XTC Series. Billionaire Jim Simons is enjoying gains from many of the stocks in this article, as he also held shares of Infinera on June 30, as did 24 other investors in our database, who owned 8.50% of its shares in aggregate.

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