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Stocks In Action: Calpine Corporation (CPN), Cognizant Technology Solutions Corporation (CTSH), Nielsen Holdings plc (NLSN)

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Calpine Corporation (CPN) traded within a range of $11.72 to $11.96 after opening the day at $11.76. The company has seen its stock increase in value by 3.59% so far this year. The stock was up close to 1.11% on light volume in last trading session and closed at $11.84 per share. After the recent gain, the stock is currently holding -28.2% below its 52 week high of $16.49 and 13.96% above its 12-month low of $10.39. The shares are down by over -6.48% in the last three months, and the RSI indicator value of 50.06 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities and other governmental entities, and power marketers, as well as retail commercial, industrial, and residential customers. As of February 5, 2016, it owned and operated 84 power plants, including 1 under construction with an aggregate generation capacity of 27,282 megawatts and 760 megawatts under construction. Calpine Corporation was founded in 1984 and is based in Houston, Texas.

Cognizant Technology Solutions Corporation (CTSH) managed to rebound with the stock climbing 0.78% or $0.44 to close the day at $56.61 on light trading volume of 3.61M shares, compared to its three month average trading volume of 6.27M. The Teaneck New Jersey 07666 based company has been underperforming the business software & services group over the past 52 weeks, with the stock losing -7.07%, compared to the industry which has advanced 24.57% over the same period. With RSI of 52.66, the stock should still continue to rise and get closer to its one year target estimate of $63.88, making it a hold for now.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services. The company also offers enterprise information management services, such as strategic, advisory, and management consulting; enterprise data management; descriptive analytics/business intelligence; strategic corporate performance management; and packaged analytics services, as well as big data services that assist clients in managing and deriving actionable insights. In addition, it provides application testing services; and develops, licenses, implements, and supports proprietary and third-party software products, as well as offers digital technologies services. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, including clinical data management, pharmacovigilance, equity research support, commercial operations, and order management. It serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells services through its professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.

Nielsen Holdings plc (NLSN) gained $0.16 to close the day at a new closing price of $40.7, a 0.39% increase in value from its previous closing price that moved the stock 0.67% above its 52 week low of $40.43. A total of 3.55M shares exchanged hands during the day compared with its three month average trading volume of 3.27M. The stock, which fluctuated between $40.5 and $40.88 during the day, currently situated -26.3% below its 52 week high. The stock is down by -5.92% in the past one month and down by -24.93% over the past three months. With a one year target estimate of $48.29 and RSI of 33.54, the stock still has upside potential, making it a hold for now.

Nielsen Holdings plc operates as an information and measurement company. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch and listen. Its Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry. This segment provides data on retail measurement services, such as market share and competitive sales volumes; insights into distribution, pricing, merchandising, and promotion; consumer panel measurement, which offers insight into shopper behavior and customer segmentation; and consumer intelligence and analytical services for decision making in development and marketing cycles. The company’s Watch segment provides viewership and listening data, and analytics primarily to the media and advertising industries for television, radio, digital and mobile viewing, and listening platforms. It offers television audience measurement services, including more than one screen, unduplicated reach, cause and effect analysis, and program viewing behavior testing; audio audience measurement services; digital audience measurement services, such as digital media and market research, audience analytics, and social media measurement; mobile measurement services comprising measurement and consumer research for telecom and media companies; and advertiser solutions. The company was formerly known as Nielsen N.V. and changed its name to Nielsen Holdings plc in August 2015. The company was founded in 1923 and is headquartered in Oxford, the United Kingdom.

 

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