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 Deckers Outdoors, YRC Worldwide, and Three Other Stocks Are Trading Higher Today

YRC Worldwide Helped By Strong Results

Shares of YRC Worldwide Inc (NASDAQ:YRCW) are trading up by 18% on Friday, after the company posted financial results that beat top and bottom line estimates. EPS of $0.83 topped the Street’s consensus by $0.30, while revenue of $1.21 billion came in $10 million ahead of expectations. A total of 23 funds among those we track were long YRC Worldwide Inc (NASDAQ:YRCW) at the end of the first quarter, including Marc Lasry‘s Avenue Capital, which kept the largest stake of 4.8 million shares, down by 19% over the quarter.

Follow Yrc Worldwide Inc. (NASDAQ:YRCW)
Trade (NASDAQ:YRCW) Now!

Anavex Life Sciences Rebounds On Clearer Results

Also on the rise on Friday is Anavex Life Sciences Corp. (NASDAQ:AVXL), which has gained nearly 8%, recuperating some of the ground lost over the week. Shares plummeted this week, on concerning results of its Phase 2a Alzheimer’s study for ANAVEX 2-73. Today’s rebound was a reaction to a company statement explaining that the trial was successful in determining the maximum dose patients can tolerate and revealing the doses range. At the end of March, only five funds in our database were bullish on Anavex Life Sciences Corp. (NASDAQ:AVXL), up from two funds registered three months earlier.

Follow Anavex Life Sciences Corp. (NASDAQ:AVXL)
Trade (NASDAQ:AVXL) Now!

Amira Nature Foods Thrives Despite Declining Sales

Finally, there’s Amira Nature Foods Ltd (NYSE:ANFI), which has surged by about 14% on Friday, following the announcement of the company’s financial results for fiscal 2016 ended March 31. The company  earned $1.17 per share during the year, on revenue of $563.45 million, which compares with EPS of $1.56 and revenue of $700.04 million reported for the previous fiscal year. At the end of the first quarter, Amira Nature Foods Ltd (NYSE:ANFI) saw four funds among those we track holding shares, including D E Shaw, which declared ownership of 124,564 shares as of March 31.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.

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.