Here’s Why Traders Are Buzzing About Sprouts Farmers Market, Transocean, Mobileye, and More

Tiffany & Co. (NYSE:TIF) is trending after Dylan Carden of William Blair upgraded the stock to ‘Outperform’ from the previous ‘Market Perform’. The analyst likes how the company’s comparable sales have stabilized and believes management will have an easier time with expectations going forward. Shares of the jewlery store have done very well in 2017, rising almost 20% year-to-date. 29 elite funds had a bullish position in Tiffany & Co. (NYSE:TIF) as of the most recent 13-F reporting period, down 4 funds from the previous quarter.

Although it recently agreed to sell itself to Intel Corporation (NASDAQ:INTC) for a cool $15 billion, Mobileye NV (NYSE:MBLY) is in the spotlight after the New York Post reported that the company could be looking for higher offers. Given that tech giants such as Uber, Alphabet, and others are all interested in the space, Mobileye can’t hurt itself by trying to do better. There is a limit to the upside Mobileye can receive, however, as apparently the company’s agreement with Intel limits it to taking a proposal that is under ~$70 per share. 33 and 58 elite funds were long Mobileye NV (NYSE:MBLY) and Intel Corporation (NASDAQ:INTC) at the end of Q4.

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