Good evening, everyone, and welcome to the Stocktwits Top 25 Newsletter for Week 16 in 2021.
The Stocktwits Top 25 reports the 25 best-performing stocks in the S&P 500, Nasdaq 100, and Russell 2000 year to date (YTD), and tracks their performances over time.
Here are your Stocktwits Top 25 Lists for Week 16:
ST Top 25 S&P 500
The ST Top 25 S&P 500 list closed green for the fifth week in a row. 18/25 names closed higher.
Kansas City Southern stole the show, ripping 17% after becoming the subject of a bidding war. $KSU is this week’s Top Dawg, read more below.
Freeport-McMoRan flopped 4.20%, dropping 9 spots from #10 to #19. It is the List’s biggest loser.
8 Freshmen made the list. Notable names include;
Kansas City Southern, HP Inc, Snap-On Inc, and SVB Financial Group.
The Stocktwits Top 25 S&P 500 Momentum Meter gained 2.02% while the S&P 500 lost 0.13%. The 2.15% differential indicates top stocks outperformed the full index easily.
The Big Cap Nasdaq 100
The ST Top 25 N100 list couldn’t keep the ball rolling in Week 16. Fourteen stocks closed negative.
Intel Corp was the list’s biggest loser, falling 8.51% after reporting disappointing earnings. It’s on the Sinners List below.
ASML Holding posted back-to-back weekly gains and closed at all-time highs. $ASML reported killer earnings Wednesday, get the full scoop below.
Just two Freshmen made the cut. The names are NetEase Inc and Align Technology.
The ST Top 25 Nasdaq 100 Momentum Meter fell 0.67% in Week 16 while the full Nasdaq 100 lost 0.72%. The 0.05% differential suggests the top stocks performed in line with the full index.
Small-Cap Russell 2000
The small-caps bounced back and avenged last week’s losses.
17 of the 25 names closed higher.
Tiptree Inc soared 47.5% after announcing its insurance business, Fortega will go public at $15-17. It is this week’s biggest gainer.
The ST Top 25 R2K Momentum Meter moved 4.29% higher while the Russell 2000 index eased up 0.41%. The 3.88% differential shows the top stocks were much stronger than the full index.
ST Top 25 TOP DAWG OF THE WEEK 🐶
The ST Top 25 Top Dawg for Week 16, 2021 is #9 S&P 500 – Kansas City Southern.
Kansas City Southern was plugging and chugging in Week 16 🚂. The railroad company ripped 17%, enough to claim the #9 spot on the ST Top 25 S&P 500 List as a Freshman.
$KSU opened Tuesday trading 13.5% higher after it became the subject of a bidding war amidst Canadian Pacific Railway and Canadian National Railway.
Canadian Pacific agreed to purchase Kansas City Southern last month in a $25 billion transaction. Canadian National said not so fast, as they made a $33.7 billion bid to buy the railway on Tuesday. $CNI’s offer represents a 21% premium over $CP’s.
Here’s the daily chart— $KSU is up 47.8% in 2021:
CNI is paying $325 per KSU share, which includes $200 in cash and 1.059 CNI shares.
Canadian National CEO Jean-Jacques Ruest said:
Railroads don’t come for sale very often. Our vision has been for a long time to create a very solid north-south network.
The Winners 📈
△ #3 N100 – ASML Holding ascended 3.9% and improved 2 spots on the ST Top 25 N100 List to #3.
$ASML boosted higher 6.25% Wednesday after beating Q1 earnings. The company raised guidance for 2021, expecting revenue growth of ~ 30%.
Here are the stats:
EPS: $3.87 vs $3.14 est.
Revenue: $5.26B, +97% YoY
Here’s the weekly chart:
Peter Wennink, ASML CEO said:
Compared to three months ago, we are seeing a significant increase in demand across all market segments and our product portfolio. The build-up of the digital infrastructure with secular growth drivers such as 5G, AI and High-Performance Computing solutions fuels demand for advanced and mature nodes in Logic as well as Memory. We now expect revenue growth towards 30% in 2021 compared to last year.
△ #6 R2K – Tiptree has been on a freaking tear the past two months. The insurance company spiked 47.5% in Week 16 to close at all-time highs. $TIPT appeared on the ST Top 25 R2K List as a Freshman ranked #6. 💪
It was released Tuesday that the insurance arm of Tiptree, Fortega, will publicly offer its shares in a price range of $15-17/share on 8.3 million shares.
$TIPT popped 12% Tuesday, another 27% Wednesday, and finished Friday up 20.55%. 🚀
Here’s the unfinished monthly chart, +197% in the past two months:
Shares of Fortegra will be listed on the New York Stock Exchange under the symbol $FRF. The deal is expected to be priced on April, 28th.
△ #12 S&P 500 – SVB Financial Group was a star on the ST Top 25 S&P 500 List in Week 16. 🤩 The bank debuted on the list ranked #12 as a Freshman.
$SIVB meandered around Monday-Thursday until catching a bid on Friday. The bank blasted 8.72% higher after reporting its best quarter ever.
See the full press release here.
Daily chart at new-highs:
Greg Becker, CEO of SVB Financial said:
We delivered our best quarter ever with exceptional balance sheet growth, earnings and profitability against a backdrop of continued robust liquidity for our clients and an improving economic outlook. As a result of our strong performance, effective execution and remarkable momentum, we have substantially increased our growth expectations for 2021 and are leveraging the capital markets to support our momentum and continued investment in our business.
$SIVB is up 45.5% YTD.
△ #16 R2K – Eagle Bulk Shipping Inc flew high like an eagle this week. The transportation company climbed 19% and closed at four-year highs. $EGLE earned the #16 spot on the ST Top 25 R2K List as a Freshman.
In its upcoming report on May 6th, the transportation company is projected to report earnings of $0.76/share, representing a +317% YoY increase. Eagle Bulk also expects revenue of $77.45 million, or a 62% YoY gain.
Can the company deliver on earnings? Place your bets…
$EGLE is up 133.7% YTD.
The Sinners 📉
▼ #14 N100 – Intel Corp got taken to the woodshed following a disappointing earnings report Thursday after the bell. $INTC lost 8.51% and fell 5 spots on the ST Top 25 N100 list.
Here’s the daily chart:
Intel’s sales remained the same from the prior year while earnings fell.
Here are the details:
EPS: $1.39 vs $1.15 est.
Revenue: $18.57B, +0% YoY
Pat Gelsinger, Intel CEO said:
Intel delivered strong first-quarter results driven by exceptional demand for our leadership products and outstanding execution by our team. This is a pivotal year for Intel. We are setting our strategic foundation and investing to accelerate our trajectory and capitalize on the explosive growth in semiconductors that power our increasingly digital world.
▼ #1 R2K – Evolus Inc earned its spot on the Sinners list this week after giving back 16.4%. $EOLS moved 3 spots lower on the ST Top 25 R2K List from #5 to #8.
Evolus dropped 19% Thursday after the company announced the pricing of its public offering of 9,000,000 shares at $9.50/share
Evolus plans to continue funding the U.S. growth of Jeuveau®, European pre-launch activities, and general corporate purposes with the net proceeds from the offering.
$EOLS is still up 173% YTD.