Ho, ho, ho! How was the beginning of the winter for you? What about your Christmas mood? And are you ready to meet the so-called "January effect" and spend your money on investments?
Our team decided to conduct research on the growth alternative data metrics for all US public companies over November to let your end-of-the-year investments decisions be more balanced and data-driven. We'll analyze top companies by such indicators as: the number of employees growth on LinkedIn, website traffic growth, insiders buying/selling activity growth, and other useful data points and insights.
The hiring dynamics over the past month had huge volumes, let's see which companies hired the most employees in November:
1. Gibraltar Industries, Inc. ($ROCK) - a company that manufactures and distributes building products for the renewable energy, conservation, residential, and infrastructure markets in North America and Asia.
The reason for such a sharp increase in the number of employees may lie in the announcement made by $ROCK on November 8 - RBI Solar, SolarBOS, Sunfig and TerraSmart, all part of the renewable energy group of Gibraltar, announced they are unifying under a shared brand, Terrasmart, to deliver a seamless customer experience through integrated product lines and services. Fusing the history, experience, and strengths of four brands, the new Terrasmart will provide leading solar technologies and smart solutions across the project lifecycle to mitigate risks and amplify returns for solar projects of any size, type, and location. With a combined installed capacity of 19 GWs across 4,600 projects, Terrasmart is poised to power progress for commercial and utility PV sectors, making solar more profitable and accessible.
2. Honda Motor Co., Ltd. ($HMC) - Honda develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally.
On November 18, $HMC said its Japanese car factories will return to normal operations in December, after working at around 90% capacity this month due to a shortage of chips and supply disruptions from COVID-19 lockdowns overseas.
The two domestic production sites will return to normal capacity in the first half of December, Honda said in a statement. They also said that they would start making up for lost production in December, with factories at home returning to normal for the first time in seven months - that's the reason for such a jump in the number of employees. Will we see the rocketing of $HMC shares price?
3. Analog Devices, Inc. ($ADI) - a company that designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies.
Also, $ADI stock came into the limelight after posting better-than-expected Q4 profit and sales, where they reported adjusted earnings of $1.73 per share, up from $1.44 per share in the year-ago quarter. Revenue for the quarter climbed 53 percent on a year-over-year basis to $2.34 billion.
4. American Express Company ($AXP) - provides charge and credit payment card products, and travel-related services worldwide.
5. Centene Corporation ($CNC) - operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States.
Also, the $CNC has been doing pretty well during the October-November, maybe the staff's expansion will bring it to the new horizons:
What a hot top we had today! Some of the companies have almost doubled their staff, how will it affect their stocks? Let's keep watching these guys!
As usual, you can simply check the data from today's analysis here: https://contora.ai/top_companies?industry=all&growth=employees number&over=last month
You can easily check other alternative data points for these 4 companies (and any other US public company) just by clicking on their tickers :)