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Momentum Stocks: American Airlines Group Inc. (AAL), Colony NorthStar, Inc. (CLNS), Sanchez Energy Corporation (SN)

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American Airlines Group Inc. (AAL) grew with the stock adding 1.28% or $0.6 to close at $47.54 on light trading volume of 4.93M compared its three months average trading volume of 6.3M. The Fort Worth Texas 76155 based company operating under the Major Airlines industry has been trending up for the last 52 weeks, with the shares price now 23.64% up for the period and up by 1.82% so far this year. With price target of $53.73 and a 92.36% rebound from 52-week low, American Airlines Group Inc. has plenty of upside potential, making it a hold with a view buy.

American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated a mainline fleet of 946 aircraft. It serves 350 destinations in approximately 50 countries. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1934 and is headquartered in Fort Worth, Texas.

Colony NorthStar, Inc. (CLNS) had a active trading with around 4.84M shares changing hands compared to its three month average trading volume of 3.95M. The stock traded between $14.19 and $14.56 before closing at the price of $14.5 with 2.69% change on the day. The Los Angeles California 90071 based company is currently trading 76.3% above its 52 week low of $9.17 and -3.14% below its 52 week high of $16.08. Both the RSI indicator and target price of  and $15.25 respectively, lead us to believe that it could rise over the coming weeks.

The firm invests in the real estate markets of North America and Europe. Its investment portfolio is primarily composed of real estate equity; real estate and real estate-related debt; and investment management of company-sponsored private equity funds and vehicles. The firm invests in wide spectrum of commercial real estate property types, including but not limited to, office, industrial, retail, hospitality, education, single-family and multifamily residential assets, and geographies, primarily within North America and Europe. It was formerly known as Colony Financial, Inc. Colony Capital, Inc. was formed on June 23, 2009 and is based in Los Angeles, California.

Sanchez Energy Corporation (SN) saw its value increase by 4.68% as the stock gained $0.61 to finish the day at a closing price of $13.64. The stock was higher in trading and has fluctuated between $2.51-$13.9 per share for the past year. The shares, which traded within a range of $13.15 to $13.75 during the day, are up by 69.65% in the past three months and up by 132.37% over the past six months. It is currently trading 33.13% above its 20 day moving average and 50.45% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $11.9 a share over the next twelve months. The current relative strength index (RSI) reading is 76.17.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Sanchez Energy Corporation, an independent exploration and production company, engages in the exploration, acquisition, and development of oil and natural gas resources in the onshore U.S. Gulf Coast. It holds a 93% working interest in the Eagle Ford Shale, which consists of approximately 200,000 net leasehold acres in the oil and condensate, or black oil and volatile oil located in South Texas; and a 65% working interest in the Tuscaloosa Marine Shale covering an area of approximately 62,000 net leasehold acres situated in Mississippi and Louisiana. The company was founded in 2011 and is headquartered in Houston, Texas.

 

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