Why These 5 Stocks Are Trending on Thursday

In this article we take a look at five stocks that are trending on Thursday. If you want to read our detailed analysis of these stocks, go to read Why These 10 Stocks Are Trending on Thursday.

5. Caterpillar Inc. (NYSE:CAT) is up 3.3% after the company’s adjusted earnings for the third quarter exceeded estimates. For the period, Caterpillar Inc. (NYSE:CAT) earned an adjusted $2.66 per share, versus the average estimate of $2.20. Sales for the period was $12.4 billion, slightly below the Zacks Consensus estimate of $12.6 billion. 62 elite funds in our database were long Caterpillar Inc. (NYSE:CAT) at the end of Q2, up from 53 at the end of Q1.

4. Mastercard Incorporated (NYSE:MA) has fallen 1.5% despite exceeding estimates for the third quarter. For the period, Mastercard earned an adjusted $2.37 per share versus the consensus of $2.19 per share. Sales were $4.99 billion versus the consensus of $4.95 billion. Mastercard Incorporated (NYSE:MA) is down 6% year to date. Mastercard Incorporated (NYSE:MA) was among the top 10 most widely held stocks in our smart money database at the end of Q2.

3. Yum! Brands, Inc. (NYSE:YUM) is in the spotlight after the company reported adjusted EPS of $1.22 for Q3, versus the consensus of $1.08. Revenue was $1.61 billion, exceeding the estimate of $1.59 billion, and same store sales rose 5%. 35 elite funds were long Yum! Brands, Inc. (NYSE:YUM) at the end of the second quarter.

2. Nielsen Holdings plc (NYSE:NLSN) has risen 6.8% after the company’s third quarter results beat estimates with adjusted EPS of $0.45 versus the consensus of $0.36. Total revenues rose 6.2% year over year to $882 million. At Q2’s end, a total of 28 of the hedge funds tracked by Insider Monkey were long Nielsen Holdings plc (NYSE:NLSN).

1. Twilio Inc. (NYSE:TWLO) has fallen 17.8% after the company said it has an outlook for the fourth quarter of an adjusted EPS loss of 23 cents to an adjusted EPS loss of 26 cents. After growing quickly in the past, growth is harder now given current conditions.  Catherine D. Wood‘s ARK Investment Management owned more than 3.7 million shares of Twilio Inc. (NYSE:TWLO) at the end of June.

Disclosure: None.