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SunGard’s hottest stocks


11 March 2015 Global
Reporter: Stephen Durham

Generic business image for news article
Image: Shutterstock
SunGard’s Astec Analytics has compiled the hottest stocks from around the globefor the week beginning 2 March 2015.



Italian luxury ski jacket maker Moncler SpA (MONC.MI) is Astec’s top pick in Europe, the Middle East and Asia after it reported its latest earnings numbers on 4 March, pushing the shares to open more than 10 percent higher the following day.



Despite these gains, data from Astec has suggested that short sellers are continuing to hold on to their positions for the moment, with the number of MONC shares being borrowed having climbed 29 percent in the space of a month.



Holiday operator Thomas Cook Group (TCG.L) has also been highlighted following news Chinese firm Fosun International has bought a 5 percent stake in the company, which it intends to increase to about 10 percent in the coming months.



The news brought about a large increase in TCG's shares over subsequent sessions, climbing almost 30 percent by the close on 6 March, though Astec's data suggested short sellers were not willing to bet against these moves, with borrowing holding level after the jump.



In the Americas, real estate investor Blackstone Group LP (BX) has been selected by Astec after news that it is set to buy Chicago's Willis Tower for around $1.5 billion. The building, better known by its previous name, Sears Tower, is the second largest in the US.



Astec commented: “Blackstone's shares made decent gains in the week—the news of the purchase generally seen as a positive by investors. That said, Astec's numbers hint at some increased short selling activity over the past three weeks, in which time the number of Blackstone shares being borrowed has climbed 55 percent.â€



Hot stocks first-timer Lumber Liquidators Holdings (LL) has also come into focus this week after an investigation into its formaldehyde emission levels brought about a 13 percent sell off in its shares.



This followed a similarly dramatic drop in the stock price last month following poor earnings numbers, which leave its shares about 55 percent lower than they started 2015.



In the Asia Pacific region, Fosun International (0656.HK) has been noted following its purchase of the Thomas Cook shares and recent acquisition of French firm Club Méditerranée.



Despite shares gaining ground, Astec’s data has shown that this has done little to dissuade short sellers, who have been building positions consistently for months. Over the last two weeks alone, the number of Fosun shares being borrowed has climbed 11 percent.



Japanese smartphone-focused game maker Colopl (3668) has also been picked for the Asia Pacific region following news it will be sponsoring the country's premiere soccer division, J.League, as a 'Top Partner' for the upcoming season, which started this week.



Astec has suggested short sellers have increasingly been making bets against its recent gains—a trend that has seemingly picked up pace the past two weeks. In that time, the number of Colopl shares being borrowed has climbed 22 percent.
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