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Eye Catching Stocks: Exelon Corporation (EXC), Sysco Corporation (SYY), The Allstate Corporation (ALL)

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Exelon Corporation (EXC) managed to rebound with the stock climbing 1.04% or $0.37 to close the day at $35.82 on light trading volume of 3.92M shares, compared to its three month average trading volume of 6.37M. The Chicago Illinois 60680 based company has been outperforming the diversified utilities group over the past 52 weeks, with the stock gaining 17.68%, compared to the industry which has advanced 16.01% over the same period. With RSI of 58.49, the stock should still continue to rise and get closer to its one year target estimate of $38.5, making it a hold for now.

Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States and Canada. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. The company also sells renewable energy and other energy-related products and services; and engages in natural gas and oil exploration and production activities, as well as sells electricity and natural gas to wholesale and retail customers. In addition, it is involved in the purchase and regulated retail sale of electricity, and the provision of electricity transmission and distribution services to retail customers in northern Illinois, southeastern Pennsylvania, and central Maryland. Further, the company engages in the purchase and regulated retail sale of natural gas, and the provision of gas distribution services to retail customers in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland, including the City of Baltimore. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. The company was founded in 1887 and is headquartered in Chicago, Illinois.

Sysco Corporation (SYY) climbed 0.63% during last trading as the stock added $0.33 to finish the day at $52.38 with about 3.9M shares changing hands, compared to its three month average trading volume of 3.72M. The $28.65B market cap company, which fluctuated between $52.18 and $52.7 during the day, currently situated 27.78% above its 52 week low of $42.05 and -7.66% away from its one year high of $57.07. The RSI of 33.94 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Bahamas, Canada, Ireland, Costa Rica, and Mexico. It operates through Broadline, SYGMA, and Other segments. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware consisting of pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. In addition, the company offers specialty meat products, such as custom-cut fresh steaks, other meat, and poultry products; and lodging industry products, including personal care guest amenities, equipment, housekeeping supplies, room accessories, and textiles. It serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues through 200 distribution facilities. The company was founded in 1969 and is headquartered in Houston, Texas.

The Allstate Corporation (ALL) saw its value increase by 2.87% as the stock gained $2.16 to finish the day at a closing price of $77.4. The stock was higher in trading and has fluctuated between $61.7-$78.12 per share for the past year. The shares, which traded within a range of $76.38 to $78.12 during the day, are up by 15.69% in the past three months and up by 13.85% over the past six months. It is currently trading 3.93% above its 20 day moving average and 5.49% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $80.13 a share over the next twelve months. The current relative strength index (RSI) reading is 75.85. The technical indicator do not lead us to believe the stock will see more gains any time soon.

The Allstate Corporation, together with its subsidiaries, engages in property-liability insurance and life insurance business in the United States and Canada. The company’s Allstate Protection segment sells private passenger auto, homeowners, and other property-liability insurance products under the Allstate, Esurance, and Encompass brand names. It also offers specialty auto products including motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products including renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; commercial lines products for small business owners; roadside assistance products; service contracts; and other products sold in conjunction with auto lending and vehicle sales transactions. In addition, this segment sells its products through contact centers and Internet. The company’s Allstate Financial segment provides traditional, interest-sensitive, and variable life insurance; and voluntary accident and health insurance products; deferred and immediate fixed annuities; and funding agreements backing medium-term notes; and retirement and investment products, including mutual funds, fixed and variable annuities, disability insurance, and long-term care insurance. This segment markets its products through its agencies and financial specialists, and workplace enrolling independent agents. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.

 

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