This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stockpickr's Activist Track Stocks

Most hedge funds are drastically underperforming the markets this year. In fact, since 2004, the majority of hedge funds have underperformed the boarder markets, despite the huge bull market in stocks.

Since most hedge funds get paid based on their returns for the year, managers who do not want to underperform often turn to shareholder activism as a way to increase shareholder value and ultimately boost their returns.

Here at Stockpickr.com, we track many of the Latest Activist Situations for those interested in piggybacking these activist funds. We highlight a few of those situations here.

First up is Top Ships (TOPS - Get Report), which is getting serious heat from QVT Financial. QVT believes that Top Ships' board and management may have breached their fiduciary duties, and the firm called for the company to make a "substantial change" to the composition of its board.

Top Ships is an interesting dry-bulk shipper specializing as an international provider of crude and various petroleum products. With the Baltic Drybulk index at all-time highs and crude oil at record levels, if QVT Financial gets its way, Top Ships could move higher.

Another name making the Latest Activist Situations list is MSC Software (MSCS). In this case, New-York based hedge fund Elliott Associates is pushing the company to "consider exploring strategic alternatives, including a possible sale."

The simulation software creator has been stuck in a brutal range of $11 to $14.80 per share over the past year. MSC Software has $148 million in cash and only $7 million in debt, and its first-quarter total revenue grew by 6%, led by 20% growth in Europe. MSC Software also has an additional catalyst coming up based on its new second-quarter launch of SimEnterprise and MD Solutions, an essential upgrade in various simulation projects.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ABI $22.98 1.01%
AN $58.09 -2.90%
AZO $712.50 -0.49%
CNO $17.41 -2.70%
TOPS $1.01 -2.90%

Markets

Chart of I:DJI
DOW 16,058.35 -469.68 -2.84%
S&P 500 1,913.85 -58.33 -2.96%
NASDAQ 4,636.1050 -140.4030 -2.94%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs