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3 Trending Stocks: CA, Inc. (CA), Tesla Motors, Inc. (TSLA), The Home Depot, Inc. (HD)

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CA, Inc. (CA) failed to extend gains with the stock declining -0.67% or $-0.21 to close the day at $31.13 on active trading volume of 3.18M shares, compared to its three month average trading volume of 2.59M. The New York New York 10022 based company has been outperforming the business software & services group over the past 52 weeks, with the stock gaining 14.09%, compared to the industry which has advanced 26.6% over the same period. With RSI of 35.97, the stock should still continue to rise and get closer to its one year target estimate of $32.8, making it a hold for now.

CA, Inc. provides information technology (IT) management software and solutions that help organizations plan, develop, manage, and secure applications and IT infrastructure in the United States and internationally. The company operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment’s products portfolio include databases and database management, systems and operations management, application development, and security and compliance. The Enterprise Solutions segment provides products that are designed for distributed and cloud computing environments and run on industry standard servers. It offers Agile management solutions, which enables customers to plan and manage software development process and IT services delivery; DevOps solutions comprising a range of solutions that allow customers to deliver and manage applications and IT infrastructure; and security solutions, such as identity-centric security portfolio that allows customers to manage identities and regulate access from the device to the data center. The Services segment offers consulting, implementation, application management services, education, and support services to commercial and government customers. The company serves banks, insurance companies, other financial services providers, government agencies, global service providers, telecommunication providers, manufacturers, technology companies, retailers, educational organizations, and health care institutions. CA, Inc. sells its solutions through direct sales force, as well as indirectly through its partners. The company was formerly known as CA Technologies and changed its name to CA, Inc. in 2006. CA, Inc. was founded in 1974 and is headquartered in New York, New York.

Tesla Motors, Inc. (TSLA) climbed 0.17% during last trading as the stock added $0.44 to finish the day at $252.95 with about 3.16M shares changing hands, compared to its three month average trading volume of 4.77M. The $40.75B market cap company, which fluctuated between $248.52 and $253 during the day, currently situated 79.33% above its 52 week low of $141.05 and -6.09% away from its one year high of $269.34. The RSI of 79.18 indicates the stock is overbought at the current levels, sell for now.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers. It sells its products through a network of Tesla stores and galleries, as well as through Internet. In addition, the company designs, manufactures, installs, monitors, maintains, leases, and sells solar energy systems to government, residential, and commercial customers; and sells electricity generated by solar energy systems to customers. Tesla Motors, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

The Home Depot, Inc. (HD) saw its value decrease by -0.09% as the stock dropped $-0.13 to finish the day at a closing price of $138.33. The stock was lighter in trading and has fluctuated between $109.62-$139.37 per share for the past year. The shares, which traded within a range of $137.7 to $138.83 during the day, are up by 13.33% in the past three months and up by 1.32% over the past six months. It is currently trading 1.98% above its 20 day moving average and 3.83% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $148.08 a share over the next twelve months. The current relative strength index (RSI) reading is 65.59. The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

 

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