5 – Amedisys – NASDAQ:AMED
4 – Avis Budget Group – NYSE:CAR
3 – Principal Financial Group – NYSE:PFG
2 – Genworth Financial – NYSE:GNW
1 – Citigroup – NYSE:C
* Shares of Amedisys shot up 9.4 percent on Monday on news that the Wall Street Transcript published its Consumer Health Services Report which offers a timely review of the sector to serious investors and industry executives. Shares of AMED closed up $3.81 to $44.43 on the Nasdaq.
* Hilary Kramer, chief investment officer of A&G Capital Research, anticipates car rental companies, such as Avis Budget Group, to get more customers this holiday season. Shares of CAR rose 4 percent to $12 on the news Monday.
* Principal Financial rose Monday after the life insurance and 401(k) specialist recently forecast 2010 profit below analyst expectations. PFG inched up 1.1 percent to $23.87 on the NYSE.
* Genworth Financial is the #2 stock on the HIGH 5 on Tuesday. Shares of GNW rose 6.8 percent to $11.50 on the NYSE Monday.
* Citigroup said it will raise $20.5 billion mainly by issuing common stock to repay the Treasury. The bank has also decided to replace some of the cash it had agreed to pay employees with $1.7 billion in stock. Shares of C tumbled 6.3 percent to $3.70 on the news Monday.
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LocateStock is the premiere electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH 5 is a daily financial news show on Uba TV that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.
The daily HIGH 5 stocks are determined by LocateStock's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest stocks to short that day.
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