Good evening, everyone, and welcome to the Stocktwits Top 25 Newsletter for Week 19 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 19:
ST Top 25 S&P 500
The ST Top 25 S&P 500 list broke its 7-week win streak. Still, 14 names closed higher
Seagate Tech popped 7% to claim the #13 spot as a Freshman. Read the Winners section to find out why $STX soared.
$FANG flopped 6.5% and dropped 2 spots on the list. It’s a Sinner below.
6 Freshmen made the list. The companies include;
Seagate Technology, Kansas City Southern, Schlumberger Limited, People’s United Financial, Snap-On, and Lumen Technologies.
The Stocktwits Top 25 S&P 500 Momentum Meter fell 0.06% while the S&P 500 decreased 1.31%. The 1.25% differential indicates top stocks outperformed the full index by a minor amount.
The Big Cap Nasdaq 100
The ST Top 25 N100 gave back Week 18’s gains. 16/25 names closed red.
Applied Material ate sh*t and lost 6%. The semiconductor stock was the list’s biggest loser. It’s a Sinner below.
Gilead Sciences made the biggest move, gaining 3%. Biogen trailed behind, increasing 2.25%.
Five Freshmen made the list. The names are Biogen, Ulta Beauty, CSX Corp, Comcast Corp, and Microsoft.
The ST Top 25 Nasdaq 100 Momentum Meter lost 1.14% in Week 19 while the full Nasdaq 100 fell 2.38%. The 1.24% differential suggests the top stocks performed a bit better than the full index.
Small-Cap Russell 2000
The ST Top 25 R2K List was the only list to register a gain. Just 11 names closed higher but the leaders pulled their weight.
3 names gained > 20%.
AMC Entertainment ascended 36.5% after raising half a billion dollars. The movie theatre chain is the Top Dawg of the week.
Soliton Inc soared 24% after being acquired by Allergan Aesthetics, see more below.
Organogenesis Holdings split open 11% after reporting earnings. It’s back on the Sinners list below.
The ST Top 25 R2K Momentum Meter moved 4.07% higher while the Russell 2000 index lost 2.07%. The 6.14% 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 19, 2021 is #2 R2K – AMC Entertainment Holdings.
AMC ascended back to double-digits this week after the company completed its previously announced 43 million share at-the-market equity program.
AMC CEO Adam Aron said:
Bringing in an additional $428 million of new equity capital will immediately buttress and fortify our liquidity profile. The additional cash raised puts AMC in a stronger position to tackle the challenges and capitalize on the opportunities that lie ahead.
$AMC is up 512% YTD.
The Winners 📈
△ #13 S&P 500 – Seagate Technology shares soared higher in Week 19. The disk-drive maker jumped on the ST Top 25 S&P 500 List as a Freshman, spiking 7%.
$STX sprinted 12.5% on Friday, fueled by news of booming demand for high-capacity drives used to build Chia. Chia is the latest cryptocurrency founded by Bram Cohen, the founder of the file-download standard BitTorrent.
$STX sits just dollars away from turning $100. Will we see the stock reach triple digits next week? Place your bets…
$STX is up 57.61% YTD.
△ #9 R2K – Soliton opened up 24% higher at new highs this week. The medical device company increased 13 spots from #21 to #8 on the ST Top 25 R2K List. 💪
$SOLY announced Monday morning that Allergan Aesthetics, an AbbVie company will acquire Soliton and RESONIC for $550 million.
Walter Klemp, CEO of Soliton commented:
Allergan Aesthetics’ brand recognition, global footprint, track record and commitment to developing best-in-class aesthetic treatments makes the Company ideally suited to maximize the commercial potential of the RESONICTM rapid acoustic pulse technology. I am proud of the passion and accomplishments of the Soliton team and thankful for the ongoing support of our investors which have culminated in this transaction. We look forward to working with Allergan Aesthetics to ensure a successful completion of this transaction.
Congratulations on the exit, team. 👏
The Sinners 📉
▼ #1 N100 – Applied Materials was the N100 List’s biggest loser, falling 6.11%. Despite the loss, $AMAT remains in the top spot on the ST Top 25 N100 List by a dwindling margin. Will we see a new winner soon? Who knows…
$AMAT had a poor April and May hasn’t been any hotter. The semiconductor stock has closed down 4 of the last 6 trading weeks and sits 12% off highs.
Here’s the weekly chart:
$AMAT reports earnings after the market closes on Thursday, May 20th.
▼ #15 R2K – Organogenesis Holdings is on the Sinners list in back-to-back weeks. The biotech stock fell 11.3% after reporting Q1 earnings. $ORGO moved 6 spots lower from #9 to #15.
EPS: $0.07 vs ($0.04) est.
Revenue: $102.6M, +66% YoY
Gary S. Gillheeney, Sr., CEO of Organogenesis said:
2021 is off to a strong start. We delivered significant year-over-year revenue growth across both our Advanced Wound Care and Surgical and Sports Medicine portfolios driven by strong sales of our amniotic and PuraPly products. We are pleased that successful execution of our PuraPly strategy generated PuraPly sales well ahead of our expectations. With continued strong execution against our commercial strategy, we also significantly improved our profitability.
$ORGO is still up 149% YTD.
▼ #7 S&P 500 – Diamondback Energy Inc dropped a quick 6.6% and closed 4 of 5 days lower. The energy company was demoted 2 spots from #7 to #5 on the ST Top 25 S&P 500 List.
$FANG has traded in a 20% range from $71 – $88 since the beginning of March. Is a breakout or breakdown imminent? Place your bets…
$FANG is up 62.6% YTD.