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3 Stocks to Watch For: Capital One Financial Corporation (COF), Cognizant Technology Solutions Corporation (CTSH), American Express Company (AXP)

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Capital One Financial Corporation (COF) saw its value decrease by -0.39% as the stock dropped $-0.35 to finish the day at a closing price of $88.38. The stock was higher in trading and has fluctuated between $58.03-$91.64 per share for the past year. The shares, which traded within a range of $87.12 to $88.83 during the day, are up by 17.86% in the past three months and up by 32.08% over the past six months. It is currently trading 0.22% above its 20 day moving average and 1.72% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $95.39 a share over the next twelve months. The current relative strength index (RSI) reading is 52.51.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company offers various non-interest bearing and interest-bearing deposits, such as demand deposits, money market deposits, time deposits, negotiable order of withdrawal accounts, and savings accounts. It also provides credit card loans and installment loans; auto, home, and retail banking loans; and commercial and multifamily real estate, commercial and industrial, and small-ticket commercial real estate loans. In addition, the company offers credit and debit card products; online direct banking services; and treasury management and depository services. It serves consumers, small businesses, and commercial clients through the Internet and other distribution channels, as well as through branches located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and the District of Columbia. The company was founded in 1993 and is headquartered in McLean, Virginia. Capital One Financial Corporation (NYSE:COF) operates independently of Signet Banking Corp. as of February 28, 1995.

Cognizant Technology Solutions Corporation (CTSH) shares were up in last trading by 1.66% to $57.55. It experienced lighter than average volume on day. The stock increased in value by almost 0.33% over the past week and grew 1.95% in the past month. It is currently trading 3.01% above its 50 day moving average and 1.28% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -9.27% decrease in value from its one year high of $63.43. The RSI indicator value of 60, lead us to believe that it is 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.

American Express Company (AXP) traded within a range of $76.4 to $78.02 after opening the day at $78. The company has seen its stock increase in value by 4.24% so far this year. The stock was down close to -0.7% on active volume in last trading session and closed at $76.89 per share. After the recent fall, the stock is currently holding -1.42% below its 52 week high of $78.02 and 55.91% above its 12-month low of $50.27. The shares are up by over 15.1% in the last three months, and the RSI indicator value of 58.66 is neither bullish nor bearish, tempting investors to stay on the sidelines.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. It operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services. The company’s products and services include charge and credit card products; network services; expense management products and services; travel-related services; and stored value/prepaid products. Its products and services also comprise merchant acquisition and processing, servicing and settlement, merchant financing, point-of-sale, and marketing and information products and services for merchants; fraud prevention services; and the design of customized customer loyalty and rewards programs. The company sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through direct mail, online applications, in-house and third-party sales forces, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

 

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