Fiserv Inc. (FISV) has undoubtedly had a healthy 2019, with the stock rising by a stunning 54%, more than double the S&P 500’s gain of over 24%. The transaction processing and bill payment company had investors rushing into its stock in the third quarter, based on data compiled by WhaleWisdom. The strong showing has resulted in the stock landing on the WhaleWisdom Heatmap.
The Boeing Co.’s (BA) good fortune at the start of 2019 has vanished after the grounding of its 737-MAX jets, following two crashes at the beginning of the year. Amazingly, despite the company’s major headline risk and even the pulling of its full-year guidance, the stock has remained relatively strong. However, that may all be about to change.
General Electric Co. (GE) stock’s fall from grace has been historic. Since December 2016, the stock has declined by about 70%, resulting in a market capitalization loss of about $200 billion. But interestingly, some of the smartest hedge funds were actively buying the stock during the second quarter.
The S&P 500 has had a very strong run in 2019, with the index rising by around 18.2%. However, this year’s gains are misleading, due to the sharp end of year sell-off of 2018. Over the past 52-weeks, the S&P 500 has increased by a lackluster 1.9%, but perhaps that is all about to change for the better.
Shares of TJX Companies, Inc. (TJX) have had a solid run in 2019, rising by almost 27% compared to an S&P 500 that has jumped by 20%. The strong stock performance comes despite significant headwind for the company, including the US-China trade war and tariffs that have been placed on imports in from China. Still, hedge fund investors are moving into the stock, placing the company on the WhaleWisdom Heat Map.