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.

Why Are These 5 Stocks in the Spotlight Today?

It’s the heart of earnings season, as many big companies are now reporting their first quarter results. Among the stocks that reported earnings this morning or yesterday evening are UnitedHealth Group Inc (NYSE:UNH), Johnson & Johnson (NYSE:JNJ), Goldman Sachs Group Inc (NYSE:GS), Harley-Davidson Inc (NYSE:HOG), and Philip Morris International Inc. (NYSE:PM). Let’s take a closer look at how these companies performed during the first quarter and see how the smart money tracked by Insider Monkey was positioned in each stock heading into the period.

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).

UnitedHealth Reports a Good Quarter

UnitedHealth Group Inc (NYSE:UNH) reported solid quarterly results, posting first quarter earnings of $1.81 per share on revenue of $44.53 billion. The results beat expectations by $0.09 per share and $570 million respectively, and UnitedHealth’s shares are over 1% higher today because of it. Driving the strong performance was healthy premiums growth of 9.9% year-over-year to $34.8 billion and products growth of 419.8% year-over-year to $6.39 billion. Management expects more of the same strong results for the full 2016 year, with stated guidance of $7.75-to-$7.95 per share, up from previous guidance of $7.60-to-$7.80 per share. Hedge fund sentiment in UnitedHealth Group Inc (NYSE:UNH) has been steady of late, with the number of funds in our database holding shares of the company falling by just one quarter-over-quarter to 50 as of the end of December. Cliff Asness‘ AQR Capital Management owned more than 4.00 million UnitedHealth shares at the end of 2015.

Follow Unitedhealth Group Inc (NYSE:UNH)
Trade (NYSE:UNH) Now!

Johnson & Johnson Beats, Shares on the Rise

Johnson & Johnson (NYSE:JNJ) earned $1.68 per share on revenue of $17.48 billion for the first quarter, beating analysts’ consensus earnings estimate by $0.02 per share. Although its top-line missed by $20 million, the healthcare giant’s quarterly revenue was essentially in-line with estimates. Leading the way in terms of growth was Johnson and Johnson’s Pharmaceutical division, which saw its revenue jump by 5.9% on the back of strong oncology and immunology drug sales. For 2016, the company expects non-GAAP EPS of $6.53-to-$6.68 and revenue of $71.2 billion-to-$71.9 billion. Shares of Johnson & Johnson are up by 1.97% this morning after trading nearly flat in the pre-market, so investors appear to like what they see as they have more time to dig deeper into the results. Johnson & Johnson (NYSE:JNJ) was the 40th-most widely held stock in our hedge fund database on December 31, as 72 elite funds held shares of the company. Ken Fisher‘s Fisher Asset Management reported owning 10.8 million shares as of March 31.

Follow Johnson & Johnson (NYSE:JNJ)
Trade (NYSE:JNJ) Now!

On the next page we examine how three big names: Goldman Sachs Group Inc, Harley-Davidson Inc, and Philip Morris International Inc. performed during the past quarter.

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.