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 These 5 Stocks Are Surging Today: Rovi, Cheetah Mobile, StemCells, More

It’s a relatively quiet day on Wall Street as all three indexes are close to break-even.

Among the stocks gaining ground on Monday are Lantronix Inc (NASDAQ:LTRX), Rovi Corporation (NASDAQ:ROVI), Cheetah Mobile Inc (ADR) (NYSE:CMCM), StemCells Inc (NASDAQ:STEM), and Momo Inc (ADR) (NASDAQ:MOMO). Let’s find out why traders are buying each stock and use the latest 13F data to see how the world’s best investors are positioned in them.

We believe that imitating hedge funds and other large institutional investors can be helpful in identifying stocks capable of outperforming the broader market. Through extensive research that covered portfolios of several hundred large investors between 1999 and 2012, we determined that following the small-cap stocks that large money managers are collectively bullish on, can generate monthly returns nearly 1.0 percentage points above the market (see the details here).

Wall Street Bull

Wall Street Bull

Lantronix Spikes on Program

Nano-cap Lantronix Inc (NASDAQ:LTRX) is 20% in the green today after the company announced a new premier partner program for ITM resellers. The premier partner program provides discounts and incentives for resellers that might “aggressively expand access to our industry-leading SLC 8000 solution in the marketplace,” according to CEO Jeff Benck. Given the nano-cap nature of Lantronix Inc (NASDAQ:LTRX), only three funds out of the 749 funds in our system that filed 13F’s for the June 30 reporting period, held a stake in the company at that time. As with all nano-caps, investors should exercise due-diligence before buying or selling its shares.

Follow Lantronix Inc (NASDAQ:LTRX)
Trade (NASDAQ:LTRX) Now!

Rovi Up on Agreement

Investors have bid up Rovi Corporation (NASDAQ:ROVI) shares to the tune of 7% today after Rovi signed a 10-year patent renewal license agreement with a subsidiary of DISH Network Corp (NASDAQ:DISH). The renewal validates the long-term value of Rovi’s IP portfolio with traditional and next-generation pay-TV providers and provides Rovi Corporation (NASDAQ:ROVI) with more predictable cash flow for future years. The number of funds in our database with stakes in Rovi inched lower by two quarter-over-quarter to 22 at the end of June.

Follow Rovi Corp (NASDAQ:ROVI)
Trade (NASDAQ:ROVI) Now!

On the next page we’ll examine why Cheetah Mobile, StemCells, and Momo Inc are trading in the green today.

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.