Why These 10 Stocks Are Trending on Monday

Published November 1, 2021 at 3:58 pm EDT Updated September 7, 2026 at 1:05 pm EDT

In this article we will take a look at the some of notable stocks trending today.

It’s a relatively quiet day on Wall Street with the Dow Jones up 0.14%, the S&P 500 up 0.08% and the NASDAQ 100 up 0.11%. Some stocks in the spotlight include Harley-Davidson, Inc. (NYSE:HOG), Moderna, Inc. (NASDAQ:MRNA), Tesla, Inc. (NASDAQ:TSLA), Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), XPeng Inc. (NYSE:XPEV), and NIO Inc. (NYSE:NIO). Let’s find out why each stock is trending and how elite funds are positioned among them.

Why do we care about hedge fund activity? Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 86 percentage points since March 2017. Between March 2017 and July 2021 our monthly newsletter’s stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by 86 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

10. Tesla, Inc. is up over 7% as technical trading in the stock continues. Tesla is also testing a program to let other manufacturers’ EVs recharge at some of Tesla’s supercharger stations. Currently the test program includes only 10 recharging stations in the Netherlands, however. Shares of Tesla, Inc. have risen 63% year to date. Billionaire Elon Musk owns substantial shares in Tesla, Inc..

9. Ford Motor Company is up 4.7% after the Wall Street Journal posted an article stating that Rivian is targeting an IPO valuation of slightly over $60 billion. Ford owns over 5% of Rivian from a past investment. Shares of Ford Motor Company may also be benefiting from Tesla’s rise as well. At Q2’s end, a total of 55 of the hedge funds tracked by Insider Monkey were long Ford Motor Company.

8. General Motors Company is up 1.6% on Monday as sentiment over some major carmakers improve. Although Tesla may have a much larger market cap than GM, General Motors Company is planning on spending $35 billion on vehicle electrification by 2025 to compete. Warren Buffett’s Berkshire Hathaway owned 60 million shares of General Motors Company at the end of June.

7. XPeng Inc. is in the spotlight after it announced it has delivered 10,138 cars in October, up 233% year on year. Of the 10,138 cars, 6,044 units were of the P7 flagship sedan. XPeng Inc. shares are up 8.6% year to date. Coatue Management was among the elite funds with holdings in XPeng Inc. at the end of June.

6. NIO Inc. rose 3.2% on Monday after the company announced it delivered 3,667 vehicles in October of 2021, down 27.5% year over year. NIO Inc.’s delivery numbers fell due to the restructuring and upgrades of manufacturing lines and also the preparation of new products introduction. At the end of June, a total of 34 of the hedge funds tracked by Insider Monkey were bullish on NIO Inc., a change of 21% from the previous quarter.

Like Tesla, Inc., Ford Motor Company, General Motors Company, XPeng Inc., and NIO Inc.,Harley-Davidson, Inc. and Moderna, Inc. are also trending.

5. Harley-Davidson, Inc. has risen over 8.9% after the United States and the European Union eased their dispute over steel and aluminium tariffs. With the settlement, Harley-Davidson, Inc. may no longer pay as many tariffs as it could have. Shares of Harley-Davidson, Inc. are up 10% year to date. At Q2’s end, a total of 37 of the hedge funds tracked by Insider Monkey held long positions in Harley-Davidson, Inc., a change of 32% from the previous quarter.

4. Moderna, Inc. trended today after the FDA delayed a decision on whether to approve Moderna’s COVID-19 vaccine for adolescents aged 12 to 17. A final decision from the FDA may not come until January 2022. Renaissance Technologies was among the elite funds with holdings in Moderna, Inc. at the end of June.

3. Roblox Corporation (NYSE:RBLX) is in the spotlight after the online gaming site suffered an outage from late Thursday to Sunday afternoon. Although the site is now back online, shares of the stock are down around 3.3%. Roblox Corporation shares are up almost 17% year to date, however. Tiger Global Management LLC held more than 27.3 million shares of Roblox Corporation at the end of June.

2. GameStop Corp. (NYSE:GME) rallied by 10.6% despite COO Jenna Owens leaving after just seven months. Owens was previously an executive at Amazon and Google. Shares of GameStop Corp. are highly affected by sentiment. Ken Griffin’s Citadel Investment Group owned both puts and calls on GameStop Corp. at the end of Q2.

1. Barclays PLC (NYSE:BCS) is in the spotlight after the bank said its CEO, Jes Staley, will step down after an investigation into his relationship with Jeffrey Epstein. C.S. Venkatakrishnan will become CEO subject to regulatory approval. Renaissance Technologies owned over 1.2 million shares of Barclays PLC at the end of June.