Why Tesla, SeaWorld, Netflix, and More Are Trending

Page 1 of 2

It’s another quiet day in the market as all three indexes look to open flat this morning. Among the noteworthy tickers commanding the spotlight are several tech companies, Tesla Inc (NASDAQ:TSLA) and Netflix, Inc. (NASDAQ:NFLX) along with three more, Golar LNG Limited (USA) (NASDAQ:GLNG), SeaWorld Entertainment Inc (NYSE:SEAS), and Dean Foods Co (NYSE:DF). Let’s find out why each ticker is trending and analyze smart money sentiment towards them.

At Insider Monkey, we’ve developed an investment strategy that has delivered market-beating returns over the past 12 months. Our strategy identifies the 100 best-performing funds of the previous quarter from among the collection of 700+ successful funds that we track in our database, which we accomplish using our returns methodology. We then study the portfolios of those 100 funds using the latest 13F data to uncover the 30 most popular mid-cap stocks (market caps of between $1 billion and $10 billion) among them to hold until the next filing period. This strategy delivered 39.7% gains over the past 12 months and outperformed the 24.1% gain enjoyed by the S&P 500 ETFs. Our enhanced small-cap hedge fund strategy returned more than 45% over the last 12 months and outperformed SPY by more than 30 percentage points over the last 4.5 years (see details here).

Tesla Motors Inc (NASDAQ:TSLA), Car, Showroom, Customer, Logo, Automotive, Brand, Shop, Sales, Building,

Hadrian / Shutterstock.com

Tesla Inc (NASDAQ:TSLA) is in the spotlight after the company priced its public stock offering of 1.34 million shares at $262 a piece, a very respectable number for a company raising so much money. In addition, Tesla priced its convertible senior notes at an conversion price of $327.5 a piece. Although Tesla’s capital raise was well received by the market, David Tamberrino of Goldman Sachs isn’t impressed. The analyst inched up his price target to just $187 from $185 following the raise and kept his ‘Sell’ rating. Of the 742 elite funds we track, 38 funds owned $1.19 billion of Tesla Inc (NASDAQ:TSLA) and accounted for 3.50% of the float on December 31, up from 34 funds and $1.01 billion respectively on September 30.

Follow Tesla Inc. (NASDAQ:TSLA)

Although the energy markets remain volatile, the sell-side’s opinion on Golar LNG Limited (USA) (NASDAQ:GLNG) remains pretty bullish. Gregory Lewis of Credit Suisse became the latest analyst to give the thumbs up to Golar LNG, raising his price target to $35 from the previous $30. Lewis thinks there is around a 40% chance that Golar LNG will win a third FLNG project before 2019. The analyst has an ‘Outperform’ rating. 27 top funds owned shares of Golar LNG Limited (USA) (NASDAQ:GLNG) at the end of December, up 2 funds from the previous quarter.

Follow Golar L N G Ltd (NASDAQ:GLNG)

On the next page, we examine SeaWorld Entertainment Inc, Netflix Inc, and Dean Foods Co.

Page 1 of 2