Twitter Inc (TWTR), Salesforce.com, Inc. (CRM) & More: Here’s Why These Stocks Are in Spotlight Today

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Boeing Co (NYSE:BA) is expected to receive orders from Iran as the country has been announced about the United States’ willingness to issue export licenses in the coming months. With these licenses, Iran will be able to order Boeing jets. Deputy Roads and Urban Development Minister for Iran, Asghar Fakhrieh Kashan said that failure to issue such approval will be in the breach of agreement related to the easing of sanctions in return for controlled nuclear activities. The number of funds from our database long Boeing Co amounted to 40 at the end of June, while the total value of their holdings stood at $1.07 billion, up from $1.02 billion held by 37 funds at the end of previous quarter.

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Shake Shack Inc. (NYSE:SHAK) has received rating confirmation from Buckingham Research, which reaffirmed its ‘Buy’ rating and price target of $45 per share. The analysts also stated that the company is on the fast track for growth and expects to increase its owned locations to 450. A total of 14 funds tracked by us have positions in Shake Shack as of the end of June, with the total value of their holdings amounting to $133 million, or about 10.10% of Shake Shack Inc. (NYSE:SHAK)’s outstanding shares.

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General Motors Company (NYSE:GM) is facing the risk of workers’ strike as the company’s negotiations with Canada’s autoworkers’ union Unifor have not yielded desired results. The union wants GM to commit building new vehicle models at its Oshawa, Ontario plant. The union also has indicated that while it is optimistic about getting a proposal from GM, it is not willing to extend the deadline for strike. Heading into the third quarter, 65 investors we track owned about $3.29 billion of General Motors Company shares at the end of June, down from 67 funds and $3.71 billion, respectively, a quarter earlier.

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Disclosure: none

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