This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.
Below are the top 10 S&P 500 stock gainers for the week ended Dec 12:
Netflix and Paramount are battling for Warner Bros.
The fight in Hollywood to buy Warner Bros Discovery is shaping up to be a blockbuster.
Paramount Skydance, backed by the billionaire Ellison family, has been wooing Warner Bros for months, hoping to join forces with the storied Hollywood name as the media company struggles to compete with the likes of Netflix and Disney.
So far, Warner Bros has spurned its proposals. Then it announced a deal to sell the most valuable parts of its business - its studio and streaming divisions - to Netflix instead.
Mosaic Climbs on Bargain-Hunting
The Mosaic Company extended gains to a second day on Friday, adding 4.05 percent to finish at $26.21 apiece as investors resorted to bargain-hunting following a drop earlier in the week, dampened by an analyst’s price target downgrade for its stock.
On Wednesday, RBC issued a new price target of $27 for The Mosaic Company’s (NYSE:MOS) stock, lower than the $30 previously, on expectations of a weaker fertilizer supply next year.
Michael Burry doubles down on Molina Healthcare stock
Famed investor Michael Burry has recently reiterated that Molina Healthcare (MOH) is one of his current bullish bets.
In fact, he picked Molina as a counter to his now infamous bearish stance on artificial intelligence (AI) juggernaut Palantir (PLTR). Posting on X (formerly Twitter), Burry said, “Long MOH stock and Long PLTR puts, like peanut butter and bananas.”
Cruise stocks keep climbing, with a little help from the Fed
"Lower rates typically provide a tailwind to travel stocks, and can help improve consumer sentiment," Gordon Haskett analyst Bobby Mollins wrote in emailed comments.
Norwegian Cruise Line Holdings' stock $(NCLH)$ rallied 10% this week and Royal Caribbean Group shares $(RCL)$ shot up 8%.
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