Why Are These 4 Stocks Gaining Ground Today?

Next on our list is Whole Foods Market, Inc. (NASDAQ:WFM), whose stock has gained over 6% so far today. ITG Market Research has recently released a note cited by several outlets in which it said that the company shows signs of a potential sales estimates beat next quarter. During the third quarter, Whole Foods Market, Inc. (NASDAQ:WFM) gained some support from the smart money investors that we track, as the number of the funds invested in the stock increased to 33 from 32; they amassed around 3.8% of the company’s stock at the end of September. Jim Simmons’ Renaissance Technologies is the largest shareholder of Whole Foods Market with 1.86 million shares worth $58.9 million disclosed in its latest 13F filing.

Turtle Beach Corp (NASDAQ:HEAR)’s stock opened higher by almost 14%, but has declined since and is trading around 5% in the green. Despite today’s growth, the stock is still 31% down year-to-date, but analysts are bullish on Turtle Beach Corp’s shares, having a consensus ‘Buy’ rating and a mean price target of $4.80, which implies an upside potential of over 129%. Overall, the number of funds with long positions stood at 4 at the end of September, up from 3 funds a quarter earlier. These funds held in aggregate 1.1% of the company’s outstanding stock.

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