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3 Stocks in Focus: Apache Corporation (APA), Emerson Electric Co. (EMR), KLA-Tencor Corporation (KLAC)

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Apache Corporation (APA) fell -0.75% during last trading as the stock lost $-0.47 to finish the day at $62.08 with about 3.28M shares changing hands, compared to its three month average trading volume of 3.23M. The $23.56B market cap company, which fluctuated between $61.29 and $62.49 during the day, currently situated 90.03% above its 52 week low of $33.23 and -9.67% away from its one year high of $69. The RSI of 47.01 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.

Emerson Electric Co. (EMR) gained $0.06 to close the day at a new closing price of $60.14, a 0.1% increase in value from its previous closing price that moved the stock 46.29% above its 52 week low of $44.7. A total of 3.26M shares exchanged hands during the day compared with its three month average trading volume of 3.65M. The stock, which fluctuated between $60.01 and $60.56 during the day, currently situated -1.3% below its 52 week high. The stock is up by 5.2% in the past one month and up by 20.38% over the past three months. With a one year target estimate of $54.48 and RSI of 68.09, the stock still has upside potential, making it a hold for now.

Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The company’s Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. It also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. This segment serves oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metal and mining, and municipal water supplies markets. Its Industrial Automation segment provides fluid power and control products; electrical distribution equipment; and materials joining and precision cleaning products, as well as hermetic motors. The company’s Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls, and remote monitoring technology and services to residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and marine control areas. Its Commercial & Residential Solutions segment provides tools for professionals and homeowners; home storage systems; and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, Missouri.

KLA-Tencor Corporation (KLAC) had a active trading with around 3.25M shares changing hands compared to its three month average trading volume of 1.62M. The stock traded between $85.23 and $87.96 before closing at the price of $86.16 with 3.5% change on the day. The Milpitas California 95035 based company is currently trading 41.33% above its 52 week low of $62.33 and 1.2% above its 52 week high of $87.96. Both the RSI indicator and target price of 67.27 and $80.57 respectively, lead us to believe that it should be put on hold over the coming weeks.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions worldwide. It offers chip manufacturing products, such as front-end defect inspection tools, defect review systems, advanced packaging process control systems, metrology solutions, in-situ process monitoring products, and lithography software; wafer manufacturing products comprising surface and defect inspection, wafer geometry and nanotopography metrology, and data management; and reticle manufacturing products, such as defect inspection and pattern placement metrology products. The company also provides light emitting diode (LED), power device, and compound semiconductor manufacturing products consisting of patterned wafer inspection, defect inspection, surface metrology, and data management products; thin-film head metrology and inspection, virtual lithography, in-situ process monitoring, transparent and metal substrate inspection, and data management products for data storage media/head manufacturing; and stylus and optical profiling, and optical inspection products for microelectromechanical systems manufacturing, as well as products for general purpose/lab applications. It offers its products and services for bare wafer, IC, lithography reticle, and disk manufacturers. The company serves semiconductor and related nanoelectronics, LED, and data storage industries, as well as general materials research industries. KLA-Tencor Corporation was founded in 1975 and is headquartered in Milpitas, California.

 

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