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.

Here’s Why Microsoft, Apple, Adobe Systems, Alphabet, and More Are Trending

In early pre-market trading, the major index futures are green today as traders look forward to today’s current account balance release along with the API inventory numbers. Crude futures are up 0.86% and the S&P 500 future has inched up 0.16%. In this article, let’s analyze the news causing Microsoft Corporation (NASDAQ:MSFT), Adobe Systems Incorporated (NASDAQ:ADBE), Wal-Mart Stores Inc (NYSE:WMT), Apple Inc. (NASDAQ:AAPL), and Alphabet Inc (NASDAQ:GOOG) to each trend. Let’s also examine how smart money funds were positioned in each stock at the end of the fourth quarter.

At Insider Monkey, we’ve developed an investment strategy that has delivered market-beating returns over the past 12 months. Our strategy identifies the 100 best-performing funds of the previous quarter from among the collection of 700+ successful funds that we track in our database, which we accomplish using our returns methodology. We then study the portfolios of those 100 funds using the latest 13F data to uncover the 30 most popular mid-cap stocks (market caps of between $1 billion and $10 billion) among them to hold until the next filing period. This strategy delivered 39.7% gains over the past 12 months and outperformed the 24.1% gain enjoyed by the S&P 500 ETFs. Our enhanced small-cap hedge fund strategy returned more than 45% over the last 12 months and outperformed SPY by more than 30 percentage points over the last 4.5 years (see details here).


Adobe Systems Incorporated (NASDAQ:ADBE) and Microsoft Corporation (NASDAQ:MSFT) have formed an alliance to better compete against Oracle, Salesforce, and others in the sales and marketing sector. Specifically, Adobe will work with the giant from Redmond to form a shared data format between Microsoft sales software, Microsoft Dynamics, and its own marketing software, Adobe Experience Cloud. Microsoft VP Scott Guthrie said, ““It’s going to enable to customers to go beyond the current (software) silos they have to navigate today”. Bulls hope the alliance will help unlock more revenue growth for both companies. Of the 742 elite funds we track, 126 and 54 were long Microsoft Corporation (NASDAQ:MSFT) and Adobe Systems Incorporated (NASDAQ:ADBE) at the end of Q4.

Follow Microsoft Corp (NASDAQ:MSFT)
Trade (NASDAQ:MSFT) Now!

Follow Adobe Inc. (NASDAQ:ADBE)
Trade (NASDAQ:ADBE) Now!

A few quarters after acquiring and investing in major Indian and Chinese e-commerce companies, Wal-Mart Stores Inc (NYSE:WMT) is doing even more to beef up its e-commerce operations. In its quest to compete against, Inc. (NASDAQ:AMZN), Wal-Mart recently announced that it will launch an innovation hub named Store No 8 in Silicon Valley to invest in start-ups, VCs, and others. Store No 8 will focus on important future growth areas such as augmented reality, robots and AI, among other things. 54 elite funds were long Wal-Mart Stores Inc (NYSE:WMT) as of the most recent 13-F reporting period, down 17 funds from the previous quarter.

Follow Walmart Inc. (NYSE:WMT)
Trade (NYSE:WMT) Now!

On the next page, we find out why the spotlight is shining on  Apple Inc and Alphabet Inc.

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.