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.

Wynn Resorts, Sherwin-Williams, The Valspar Corp, and More: Here’s Why These Five Stocks Are in the Spotlight

Volatility has increased as all three indexes have trended lower. As of late morning trading, the Dow Jones is down by almost 140 points, while the S&P and NASDAQ are both off by more than 0.7%.

Among the stocks commanding attention include Wynn Resorts, Limited (NASDAQ:WYNN), JinkoSolar Holding Co., Ltd. (NYSE:JKS), JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), Sherwin-Williams Co (NYSE:SHW), and The Valspar Corp (NYSE:VAL). Let’s examine why traders are focused on each stock and analyze hedge fund 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).

solar, heat, electricity, clean, resources, sunlight, electric, warm, natural, generator, cloud, innovation, photovoltaic, power, new, sunny, environmental, ecology, supply,


Wynn Resorts, Limited (NASDAQ:WYNN) is in the spotlight after David Bain of Aegis upgraded the stock to ‘Buy’ from ‘Hold’ and upped his target price to $121 from the previous $95. Bain thinks the probability of upward revisions by the Street for Wynn’s Macau segment has increased. The analyst also likes how Wynn has exposure to the VIP and high-end of the market. Of the 742 elite funds we track, 33 funds owned $1.78 billion of Wynn Resorts, Limited (NASDAQ:WYNN) and accounted for 20.20% of the float on December 31, versus 38 funds and $2.25 billion respectively on September 30.

Follow Wynn Resorts Ltd (NASDAQ:WYNN)
Trade (NASDAQ:WYNN) Now!

JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) and JinkoSolar Holding Co., Ltd. (NYSE:JKS) are each in the red as the broader market and Canadian Solar Inc. (NASDAQ:CSIQ)’s earnings results weigh on both stocks. For its fourth quarter, Canadian Solar missed both earnings and revenue estimates and the company guided for lower first quarter sales as well. As a result, Canadian Solar is down by almost 10% while JinkoSolar is off by 4% and JA Solar has inched lower by 0.6%. Given that solar is a notoriously volatile sector, JinkoSolar and JA Solar could also show substantial movements over the coming weeks ahead in either direction. 7 and 5 funds that Insider Monkey tracks were long JinkoSolar Holding Co., Ltd. (NYSE:JKS) and JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) at the end of Q4.

Follow Jinkosolar Holding Co Ltd (NYSE:JKS)
Trade (NYSE:JKS) Now!

Follow J A Solar Holdings Co Ltd (NASDAQ:JASO)
Trade (NASDAQ:JASO) Now!

On the next page, we take a closer look at Sherwin-Williams Co, and The Valspar Corp.

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.