The Cream of the Crop (26 Aug 2022)

Some stocks remain strong after the Federal Reserve Chair's speech at Jackson Hole Economic Symposium 2022.

Please allow me to name a few of these 'Cream of the Crop' stocks, as follows.

Micro Focus International PLC
+92.01%
$Micro Focus International (MFGP.US)$ , an enterprise software provider, was up 92.01%, as it will be acquired by $Open Text (OTEX.US)$ , a cloud information company, at the price of $6.30 per share.

Minerva Neurosciences Inc.
+58.19%
$Minerva Neurosciences (NERV.US)$ , rose 58.19% after Point72 Asset Management L.P., owned by Billionaire hedge fund manager Steven Cohen, discloses 8.8% stake in it. NERV had earlier this week submitted a new drug as a treatment for patients with schizophrenia to the United States Food and Drug Administration.

L.S. Starrett Co.
+22.53%
$The L S Starrett (SCX.US)$ , a global maker of precision-measuring and cutting tools had posted a higher sales of $253.7, up 15.51% YoY and a higher EPS.

If you had bought some of the mentioned winning stocks, it is time for you to enjoy some beer, probably made using the cream of the crop ingredients at Jackson Hole this Saturday. Cheers!

So, what type of beer do you drink?
(You may choose more than one.)

That's all for today!

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