Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Nintendo, Juno Therapeutics Among 5 Stocks Making Headlines Thursday

Page 1 of 2

Traders are watching crude today after yesterday’s API inventory report showed the largest draw since 1999, down by around 12 million barrels. If today’s EIA report confirms the API numbers, the worries over oversupply in the industry will quickly evaporate.

In addition to crude, traders are also talking about five companies today, Guidewire Software Inc (NYSE:GWRE), Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY), Juno Therapeutics Inc (NASDAQ:JUNO), Gevo, Inc. (NASDAQ:GEVO), and ABM Industries, Inc. (NYSE:ABM). Let’s take a closer look at the five stocks and see how successful hedge funds have traded them of late.

Our research determined that following the small-cap stocks that hedge funds are collectively bullish on can help a smaller investor to beat the S&P 500 by around 95 basis points per month (see the details here).

console, gaming, entertaiment, nintendo, video

Barone Firenze /

Guidewire Software Inc (NYSE:GWRE) is in the red today after reporting fiscal 2016 fourth quarter earnings of $0.39 per share on revenue of $141.17 million. Although the results beat analysts’ estimates by $0.07 per share and $5.08 million, respectively, the company’s fiscal year 2017 guidance of adjusted EPS of $0.69-to-$0.79 on revenue of $471.5 million-to-$483.5 million might have underwhelmed some investors. For fiscal 2016, Guidewire’s total revenue rose by 12% year-over-year to $424.4 million, with license revenue rose by 23% to $219.8 million and service revenue inched lower by 4% to $144.8 million. Jim Simons‘ Renaissance Technologies trimmed its stake in Guidewire Software Inc (NYSE:GWRE) by 38% during the second quarter, to 74,600 shares at the end of June.

Follow Guidewire Software Inc. (NYSE:GWRE)
Trade (NYSE:GWRE) Now!

Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) is in the spotlight after Apple Inc. (NASDAQ:AAPL) included several Nintendo products in its iWatch/iPhone product presentation yesterday. Shares of the notoriously volatile Japanese company surged by 28% on Wednesday on the back of the news that the company will develop Super Mario Run for Apple iOS as well as make the company’s franchise hit Pokemon Go available for the Apple Watch Series. Bulls hope the mobile pivot will pad Nintendo’s bottom-line, which has been lacking over the past few years. None of the 749 hedge funds that we track which filed 13F’s for the June quarter held shares of Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) at the end of June.

Follow Nintendo (OTCMKTS:NTDOY)

On the next page, we’ll find out why Juno Therapeutics, Gevo Inc, and ABM Industries are trending this morning.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!