Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Have you been paying attention to shares of Guidewire Software (GWRE) ? Shares have been on the move with the stock up 8.2% over the past month. The stock hit a new 52-week high of $187.85 in the previous session. Guidewire Software has gained 70.4% since the start of the year compared to the 26.4% move for the Zacks Computer and Technology sector and the 16.9% return for the Zacks Business - Software Services industry. What's Driving the Outperformance? The stock has a great record of positive earnings sur ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Guidewire Software (GWRE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual inve ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...

Guidewire Software (GWRE) shares have been performing well on the trading front, with a gain of 53.3% in the past six months compared with the S&P 500 composite and sub-industry's growth of 9.5% and 14.3%, respectively. The stock has gained 21.3% since the announcement of better-than-expected fourth-quarter fiscal 2024 results on Sept. 5. GWRE attained its 52-week high level of $176 on Sept. 20 before closing the session at $174.54. The company's earnings surpassed the Zacks Consensus Estimate in each of th ...

I recommended a buy rating for Guidewire Software (NYSE: GWRE ) when I wrote about it in March this year, as I believed the share price back then was not reflecting the fundamental I consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, and long-term thinkers ...

PARIS and LONDON and NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Akur8, the machine learning-powered insurance pricing and reserving platform, announced today that it has secured $120 million in series C funding, bringing its total raised investment to $180 million. This latest funding round was led by One Peak, a leading growth equity firm investing in software scale-ups, with participation from Partners Group, one of the largest firms in the global private markets industry acting on behalf of its clients ...

The fear of an economic recession has been ever prevalent for years. Investors constantly wonder how to protect their portfolios in the event of a recession. Certain industries have historically and logically shown to be recession-resistant because they are essential. Healthcare is a necessity regardless of an economic recession or expansion. While the medical sector is vast, there are certain constants when it comes to the healthcare industry. Insurance is another industry that remains resilient despite ec ...

Company Updates - Arch Insurance North America has adopted Guidewire ClaimCenter as its new claims management system, aiming to streamline and upgrade its claims operations [1][2] - Arch Insurance also selected other Guidewire products including Guidewire Canvas, Guidewire Explore, and Guidewire Predict to enhance operational efficiency and risk management [3] - SAISON Auto & Fire Insurance adopted Guidewire ClaimCenter in July 2024 to facilitate its insurance claim operations [4] - Guidewire won 42 cloud deals in fiscal 2024, including 13 for InsuranceSuite Cloud, with users such as Capital Insurance Group and FMG [6] - Guidewire's revenues rose 8% year over year to $291.5 million in the last reported quarter, beating estimates and driven by strong sales activity in Asia Pacific and EMEA [7] - The company expects fiscal 2025 total revenues to be between $1.135 billion and $1.149 billion, with subscription revenues forecasted to grow 34% year over year to $642 million [8] - Guidewire's shares gained 80.9% in the past year, outperforming the sub-industry's growth of 23.8% [10] Industry Trends - The global Software-as-a-Service market is expected to witness a CAGR of 18.4% between 2024 and 2032 [8] - The insurance industry is rapidly evolving, with increasing demand for transforming claims management to optimize processes and enhance customer satisfaction [4] Competitive Landscape - Arista Networks delivered a trailing four-quarter average earnings surprise of 15.02%, with an 8.25% surprise in the last reported quarter [13] - Harmonic delivered a trailing four-quarter average earnings surprise of 32.5% [14] - Ubiquiti improved its visibility for future demand and inventory management through effective management of its global network of distributors and resellers [15]