U.S. Day Ahead: Top 3 stocks in smart money's sight
Tuesday, May 14, 2013 - 02:06
May 14 - Investors find out where the stars of the $2 trillion hedge fund industry placed their bets in the first-quarter with their latest 13F filings.
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Investors find out where the stars of the two trillion dollar hedge fund industry place they're back in the first quarter their latest thirteen F filings are out Wednesday and you should pay attention to three key themes. First who bought apple David Einhorn recently that he holds one point three million shares and is waiting for quote the next blockbuster product. Second how popular housing stocks the spdr homebuilders ETF has soared twenty for years -- thanks to the -- stimulus. And then finally who else wants Sony and -- is calling for a partial break -- of the media giant. After revealing he had 86 point 5% stake in the company. We'll hear about the latest innovations from global at its developer conference. Analysts say get ready for the commercial launch a global blast and you nexus seven tablet. And updates to Google Maps and it's injury. So far it looks like the company can't do any wrong the average price target for the stock has jumped 10%. And the last three months to about 907. Dollars. Undoubtedly there will also be lots of questions about the health of CEO Larry Page after he admitted he had partial paralysis his multiple court. The other big tech names who watches this -- when it releases earnings despite weakness in Europe and government hides in the US Cisco profits are expected to. -- growth from last year. Analyst at Pacific crest date Cisco is still expanding faster than its rivals such as IBM and HP and Dell and they also believe that stock is severely undervalued. And could rise after the June -- -- Cisco shares jumping almost 30% in the last year. And don't miss our exclusive interview with former US Treasury Secretary and Reuters columnist Larry Summers. He sits down with the players digital editor Christopher Atlanta at 1:30 PM eastern. The big questions who is likely to replace Ben Bernanke as head of the fact next year. And when -- growth he got in the US economy. Follow us on Twitter at Reuters Insider and get more of our videos and Reuters dot com slash race TV including on this is Reuters.
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