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 Imperva, Novatel Wireless, Tesla, and Two Other Stocks Are Making Headlines Today

Traders are focused on the oil rig number today to see if American E&Ps are actively increasing their capex/drilling programs or not. Although a lower number is better, a steady number also signals confidence in the future. A large increase would not be good for the market.

Among the stocks that traders are also focusing are include several big technology names, Imperva Inc (NYSE:IMPV), Novatel Wireless Inc (NASDAQ:MIFI), Tesla Motors Inc (NASDAQ:TSLA), Yahoo! Inc. (NASDAQ:YHOO), and Verizon Communications Inc. (NYSE:VZ). Let’s take a closer look and see how the smart money is positioned in each stock.

Through extensive research, we determined that imitating some of the picks of hedge funds and other institutional investors can help generate market-beating returns over the long run. The key is to focus on the small-cap picks of these investors, since they are usually less followed by the broader market and are less price-efficient. Our backtests that covered the period between 1999 and 2012, showed that following the 15 most popular small-caps among hedge funds can help a retail investor beat the market by an average of 95 basis points per month (see the details here).

stocks, analysis, market, numbers, business, ticker, trade, money, price, investment, index, chart


Imperva Inc (NYSE:IMPV) shares have surged by over 20% after Bloomberg reported that the company has in the process drawn interest from big-name companies such as IBM and Cisco in terms of a potential acquisition. Imperva is currently working with famed advisory firm Qatalyst Partner to find a potential buyer, whose bids are due in around two weeks. Paul Singer‘s Elliott Management established a new stake of over 2.3 million shares of Imperva Inc (NYSE:IMPV) during the second quarter and played a part in persuading Imperva’s management to consider selling itself.

Follow Imperva Inc (NYSE:IMPV)
Trade (NYSE:IMPV) Now!

Novatel Wireless Inc (NASDAQ:MIFI) stock has spiked after the company announced that it had entered into an agreement to sell its mobile broadband business to T.C.L. Industrial Holdings for $50 million in cash. The closing of the transaction is expected to occur in the first quarter of 2017. In addition, Novatel Wireless intends to undertake a holding company restructuring that will enable it “to streamline the infrastructure of the ongoing organization, make more efficient use of existing management talent, and allow [it] to more closely track the performance of [its] various business units”. Out of the 749 funds that we track, four were long Novatel Wireless Inc (NASDAQ:MIFI) at the end of June.

Follow Inseego Corp. (NASDAQ:INSG)
Trade (NASDAQ:INSG) Now!

On the next page, we examine Tesla Motors, Yahoo!, and Verizon Communications.

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.