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Stocks To Track: Royal Caribbean Cruises Ltd. (RCL), Archer-Daniels-Midland Company (ADM), Devon Energy Corporation (DVN)

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Royal Caribbean Cruises Ltd. (RCL) climbed 1.91% during last trading as the stock added $1.64 to finish the day at $87.67 with about 3.4M shares changing hands, compared to its three month average trading volume of 1.93M. The $18.71B market cap company, which fluctuated between $86.48 and $88.23 during the day, currently situated 39.64% above its 52 week low of $64.21 and 1.03% away from its one year high of $88.23. The RSI of 64.01 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Royal Caribbean Cruises Ltd. operates as a cruise company. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisières de France, and TUI Cruises brand names. The Royal Caribbean International brand provides cruise itineraries ranging from 2 to 24 nights with options for onboard dining, entertainment, and other onboard activities to various destinations. The Celebrity Cruises brand offers cruise itineraries ranging from 2 to 18 nights to various destinations; and operates onboard upscale ships that offer accommodations, fine dining, personalized services, and spa facilities. The Azamara Club Cruises brand offers cruise itineraries ranging from 3 to 20 nights that serve the up-market segment of the North American, the United Kingdom, and Australian markets. The Pullmantur brand provides cruise itineraries ranging from 2 to 15 nights with food and entertainment options for families and couples. The CDF Croisières de France brand offers seasonal itineraries to the Mediterranean, Europe, and Caribbean markets. The TUI Cruises brand provides onboard activities, services, shore excursions, and menu offerings for the German cruise market. As of December 31, 2015, the company operated 44 ships with itineraries ranging from 2 to 24 nights on approximately 490 destinations worldwide. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.

Archer-Daniels-Midland Company (ADM) gained $0.54 to close the day at a new closing price of $45.2, a 1.21% increase in value from its previous closing price that moved the stock 47.63% above its 52 week low of $31.3. A total of 3.37M shares exchanged hands during the day compared with its three month average trading volume of 3.5M. The stock, which fluctuated between $44.87 and $45.45 during the day, currently situated -4.91% below its 52 week high. The stock is up by 0.04% in the past one month and up by 7.1% over the past three months. With a one year target estimate of $45.08 and RSI of 55.05, the stock still has upside potential, making it a hold for now.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. Its Agricultural Services segment offers agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley; and resells those commodities as food and feed ingredients, and raw materials for the agricultural processing industry. The segment is also involved in structured trade finance and the processing of wheat into wheat flour. Its Corn Processing segment offers ingredients used in the food and beverage industry, including sweeteners, starch, syrup, glucose, and dextrose; bio products; alcohol, amino acids, and other food and animal feed ingredients; and ethyl alcohol for industrial use as ethanol or as beverage grade. This segment also offers corn gluten feed and meal, and distillers’ grains; vegetable oil and protein meal; formula feeds, and animal health and nutrition products; and citric acids and glycols for food and industrial products, as well as operates a sugarcane ethanol plant. The company’s Oilseeds Processing segment processes soybeans and soft seeds into vegetable oils and protein meals. It offers ingredients for the food, feed, energy, and industrial products industries; crude vegetable and salad oils; partially refined oils; oilseed protein meals; peanuts, tree nuts, and peanut-derived ingredients; cottonseed flour for the pharmaceutical industry; cotton cellulose pulp for the chemical, paper, and filter markets; and agricultural commodity raw materials. Its Wild Flavors and Specialty Ingredients segment offers natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, edible beans, and other specialty food and feed ingredients. The company is also involved in futures commission and insurance activities. Archer-Daniels-Midland Company was founded in 1898 and is headquartered in Chicago, Illinois.

Devon Energy Corporation (DVN) had a light trading with around 3.36M shares changing hands compared to its three month average trading volume of 5.01M. The stock traded between $46.14 and $47.03 before closing at the price of $46.46 with -0.28% change on the day. The Oklahoma City Oklahoma 73102 based company is currently trading 161.02% above its 52 week low of $18.07 and -8.23% below its 52 week high of $50.69. Both the RSI indicator and target price of 50.16 and $52.71 respectively, lead us to believe that it should be put on hold over the coming weeks.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It operates approximately 19,000 wells. The company also offers midstream energy services, including gathering, transmission, processing, fractionation, and marketing to producers of natural gas, NGLs, crude oil, and condensate through its natural gas pipelines, plants, and treatment facilities. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

 

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