SunGard’s hottest stocks
07 October 2015 London
Image: Shutterstock
The much-publicised commodity trader Glencore unsurprisingly took the top spot for SunGard’s Astec Analytics latest hot stocks list for Europe, the Middle East and Africa.
Runners-up included non-mover Transocean and CNH Industrial, the farming equipment manufacturer, which is up two places thanks to concerns over global demand for its products.
Moving on to North and South America, online retailer Amazon topped the list after investors' concern about its rivalry with Apple and Google in video streaming technology spilled over into the stock markets.
However, the company's announcement to extend its one-day delivery service in the UK to chilled and frozen food has helped revive investor interest.
The other top spots went to the usual suspects of the pharmaceutical and energy industries—specifically, Ziopharm Oncology and US-based oil and gas company Chesapeake Energy.
Ziopharm Oncology was swept up in the widespread market negativity for the pharmaceutical industry this year but recent announcements of new joint-projects for new treatments has allowed it to buck the trend somewhat, meaning it may not feature again in the next hottest stocks list.
Chesapeake Energy on the other hand felt the cold shoulder of the investor after deciding to cut 740 jobs and establishing a $4 million line of credit, which will likely affect its bottom line.
In Asia, household name Toyota came in first place off the back recent emissions testing controversies plaguing its biggest rival, Volkswagen. Toyota has also boasted solid sales figures, but that didn’t faze short sellers, with SunGard’s Astec Analytics noting a 88 percent increase in borrowing.
Evergrande Real Estate once again came in the top three for the Asia Pacific but short sellers have been covering positions since the start of September with volumes of borrowed stock falling by 100 million since then.
Finally, GungHo Online Entertainment, a Japanese gaming company, took a top-three place with borrowing volumes up 11 percent.
Runners-up included non-mover Transocean and CNH Industrial, the farming equipment manufacturer, which is up two places thanks to concerns over global demand for its products.
Moving on to North and South America, online retailer Amazon topped the list after investors' concern about its rivalry with Apple and Google in video streaming technology spilled over into the stock markets.
However, the company's announcement to extend its one-day delivery service in the UK to chilled and frozen food has helped revive investor interest.
The other top spots went to the usual suspects of the pharmaceutical and energy industries—specifically, Ziopharm Oncology and US-based oil and gas company Chesapeake Energy.
Ziopharm Oncology was swept up in the widespread market negativity for the pharmaceutical industry this year but recent announcements of new joint-projects for new treatments has allowed it to buck the trend somewhat, meaning it may not feature again in the next hottest stocks list.
Chesapeake Energy on the other hand felt the cold shoulder of the investor after deciding to cut 740 jobs and establishing a $4 million line of credit, which will likely affect its bottom line.
In Asia, household name Toyota came in first place off the back recent emissions testing controversies plaguing its biggest rival, Volkswagen. Toyota has also boasted solid sales figures, but that didn’t faze short sellers, with SunGard’s Astec Analytics noting a 88 percent increase in borrowing.
Evergrande Real Estate once again came in the top three for the Asia Pacific but short sellers have been covering positions since the start of September with volumes of borrowed stock falling by 100 million since then.
Finally, GungHo Online Entertainment, a Japanese gaming company, took a top-three place with borrowing volumes up 11 percent.
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