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.

A Look at Five Trending Stocks and the Developments Behind their Moves

The markets are trading slightly higher on Monday as several stocks are fueling its move on the back of different developments. Earlier today, five companies issued press releases outlining their latest financial results, including Visa Inc (NYSE:V)Clorox Co (NYSE:CLX)Estee Lauder Companies Inc (NYSE:EL)HSBC Holdings plc (ADR) (NYSE:HSBC), and Towers Watson & Co (NASDAQ:TW). Therefore, in this article we will take a closer look at the results and see how the market reacted to the news.

stocks, analysis, market, numbers, business, ticker, trade, money, price, investment, index, chart


In addition, we will take a look at the smart money activity surrounding each of these companies by looking at the data from the 13F filings of over 730 funds we have in our database. Large money managers usually employ a lot of resources in order to identify the most profitable opportunities and by following the stocks they are collectively bullish on, we can also benefit from their insight. For example, the 15 most popular small-cap stocks, around which our investment strategy is focused, have returned 102% since August 2012, beating the S&P 500 ETF (SPY) by around 53 percentage points (see more details here).

Without any further ado, let’s take a look at the results revealed by the five companies outlined above. On the first spot is Visa Inc (NYSE:V), which has reported its financial results for the fourth quarter and full fiscal year 2015. The company delivered net income of $2.62 per share for the full year, up by 16% compared to fiscal year 2014, while for the fourth quarter, its EPS amounted to $0.62, up by 44% year-over-year. Visa Inc (NYSE:V)’s revenue for the fourth quarter and the full year also went up to $3.57 billion and $13.88 billion, respectively. Visa’s fourth quarter results missed the EPS estimate of $0.63, while revenue was slightly higher-than-expected. The company also announced the acquisition of Visa Europe in a $23-billion deal and a new buyback program of $5 billion. The market reacted negatively to the worse-than-expected earnings and sent the stock down by nearly 4% in morning trading. Still, among the funds we track, Visa Inc (NYSE:V) is a very popular stock, being included in the equity portfolios of 98 funds, which held 4.80% of its stock at the end of June. Among them was billionaire Ken Fisher‘s Fisher Asset Management, which further increased its stake in the third quarter, reporting ownership of 14.63 million shares as of the end of September.

Next in line is Clorox Co (NYSE:CLX), which reported its fiscal year 2016 first quarter results this morning, which resulted in its stock moving 4% into the green today. The company posted EPS of $1.31 per share, up from $0.68 a year earlier and revenue of $1.39 billion, versus $1.35 billion last year. In this way, the company also managed to beat the estimates of $1.18 in EPS and $1.38 billion in revenue. For the full 2016 fiscal year, Clorox Co (NYSE:CLX) anticipates delivering EPS in the range of $4.68-to-$4.83, in line with the consensus analyst estimate. Among the funds from our database, only 27 held stakes in Clorox Co (NYSE:CLX) that amassed 5.30% of the company’s stock at the end of June.

Three more trending stocks are discussed on the following page.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.