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Three Movers to Watch for: Plains All American Pipeline, L.P. (PAA), Kimberly-Clark Corporation (KMB), Zions Bancorporation (ZION)

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Plains All American Pipeline, L.P. (PAA) grew with the stock adding 2.4% or $0.73 to close at $31.17 on active trading volume of 2.63M compared its three months average trading volume of 2.38M. The Houston Texas 77002 based company operating under the Oil & Gas Pipelines industry has been trending up for the last 52 weeks, with the shares price now 65.09% up for the period and down by -3.47% so far this year. With price target of $33.4 and a 125.87% rebound from 52-week low, Plains All American Pipeline, L.P. has plenty of upside potential, making it a hold with a view buy.

Plains All American Pipeline, L.P., through with its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. Its Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2015, this segment owned and leased 18,100 miles of active crude oil and NGL pipelines and gathering systems; 30 million barrels of active and above-ground tank capacity; 830 trailers; 142 transport and storage barges; and 64 transport tugs. The company’s Facilities segment provides storage, terminalling, and throughput services for crude oil, refined products, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2015, it owned and operated approximately 80 million barrels of crude oil and refined products storage capacity; 25 million barrels of NGL storage capacity; 97 billion cubic feet of natural gas storage working capacity; 31 billion cubic feet of base gas; 10 natural gas processing plants; 1 condensate processing facility; 7 fractionation plants; 28 crude oil and NGL rail terminals; 6 marine facilities; and 1,100 miles of active pipelines. Its Supply and Logistics segment purchases crude oil at the wellhead, pipeline, terminal, and rail facilities; purchases cargos at load port and various locations in transit; stores inventory, and NGL and natural gas; purchases NGL; resells or exchanges crude oil and NGL; transports crude oil and NGL on trucks, barges, railcars, pipelines, and ocean-going vessels; and purchases and sells natural gas. As of December 31, 2015, it owned 13 million barrels of crude oil and NGL linefill; 5 million barrels of crude oil and NGL linefill; 990 trucks and 1,100 trailers; and 10,100 crude oil and NGL railcars. The company was founded in 1998 and is headquartered in Houston, Texas.

Kimberly-Clark Corporation (KMB) gained $0.76 to close the day at a new closing price of $116.98, a 0.65% increase in value from its previous closing price that moved the stock 5.96% above its 52 week low of $111.3. A total of 2.63M shares exchanged hands during the day compared with its three month average trading volume of 1.92M. The stock, which fluctuated between $115.92 and $117.04 during the day, currently situated -14.47% below its 52 week high. The stock is up by 2.24% in the past one month and down by -1.04% over the past three months. With a one year target estimate of $121.75 and RSI of 61.91, the stock still has upside potential, making it a hold for now.

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brands. The Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins, and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, and other brand names. The K-C Professional segment offers wipers, tissues, towels, apparel, soaps, and sanitizers under the Kleenex, Scott, WypAll, Kimtech, and Jackson Safety brands. The company sells household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce. It also sells products for away-from-home use through distributors and directly to manufacturing, lodging, office building, food service, and public facilities. Kimberly-Clark Corporation was founded in 1872 and is headquartered in Dallas, Texas.

Zions Bancorporation (ZION) shares were down in last trading by -0.35% to $42.31. It experienced lighter than average volume on day. The stock decreased in value by almost -3.51% over the past week and fell -3.64% in the past month. It is currently trading 2.82% above its 50 day moving average and 34.68% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.56% decrease in value from its one year high of $44.33. The RSI indicator value of 49.4, lead us to believe that it is a hold for now.

Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services. Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.

 

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