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Eye Catching Stocks: The TJX Companies, Inc. (TJX), Spectra Energy Corp (SE), Juniper Networks, Inc. (JNPR)

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The TJX Companies, Inc. (TJX) continued its upward trend with the stock climbing 1.13% or $0.84 to close the day at $75.43 on light trading volume of 3.31M shares, compared to its three month average trading volume of 3.4M. The Framingham Massachusetts 01701 based company has been outperforming the department stores group over the past 52 weeks, with the stock gaining 9.67%, compared to the industry which has dropped -1.21% over the same period. With RSI of 43.73, the stock should still continue to rise and get closer to its one year target estimate of $84.44, making it a hold for now.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; seasonal items; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of July 30, 2016, the company operated a total of 3,675 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as through three e-commerce sites. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

Spectra Energy Corp (SE) climbed 1.29% during last trading as the stock added $0.55 to finish the day at $43.31 with about 3.31M shares changing hands, compared to its three month average trading volume of 3.32M. The $30.36B market cap company, which fluctuated between $42.76 and $43.51 during the day, currently situated 76.54% above its 52 week low of $26.11 and -0.6% away from its one year high of $44. The RSI of 61.36 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, as well as transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of approximately 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has approximately 40,000 miles of main and service pipelines; storage capacity of approximately 163 Bcf; and transmission system of approximately 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, including water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas; produces, fractionates, transports, stores, and sells NGLs; recovers and sells condensate; and trades in and markets natural gas and NGLs. It owns or operates approximately 67,000 miles of gathering and transmission pipeline. The company was incorporated in 2006 and is headquartered in Houston, Texas.

Juniper Networks, Inc. (JNPR) saw its value increase by 1.08% as the stock gained $0.3 to finish the day at a closing price of $28.14. The stock was lighter in trading and has fluctuated between $21.18-$29.21 per share for the past year. The shares, which traded within a range of $27.91 to $28.34 during the day, are up by 19.39% in the past three months and up by 17.13% over the past six months. It is currently trading 0.03% above its 20 day moving average and 2.14% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $28.56 a share over the next twelve months. The current relative strength index (RSI) reading is 56.1. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. It offers various routing products, including ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; T series routers; and NorthStar controllers. The company also provides various switching products comprising EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch. In addition, it offers security products, such as SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series and SRX1500, which provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; Spotlight Secure Threat Intelligence Platform, a threat intelligence platform that aggregates threat feeds from various sources; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, the company offers Junos OS, a network operating system; Junos Space, a network management platform for creating network management applications that include network director, services activation director, security director, edge services director, service now, and service insight; and Contrail networking and cloud platform solutions. Additionally, it provides technical support and professional services, as well as education and training programs. The company sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the service provider and enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

 

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