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Investor’s Alert: Reynolds American Inc. (RAI), CSX Corporation (CSX), Oracle Corporation (ORCL)

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Reynolds American Inc. (RAI) continued its downward trend with the stock declining -0.05% or $-0.03 to close the day at $59.92 on lower than average trading volume of 10.7M shares, compared to its three month average trading volume of 7.55M. The Winston-Salem North Carolina 27101 based company has been outperforming the cigarettes companies by 10.9221% for last three months and its recent gains have pushed the stock slightly up 6.92% YTD, versus the cigarettes industry which is up 6.55% for the same period. The RSI of 76.28 indicates the stock is overbought at the current levels, sell for now.

Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

CSX Corporation (CSX) had a light trading with around 10.24M shares changing hands compared to its three month average trading volume of 12.28M. The stock traded between $46.1 and $46.92 before closing at the price of $46.31 with -1.66% change on the day. The Jacksonville Florida 32202 based company is currently trading 119.62% above its 52 week low of $22.28 and -5.74% below its 52 week high of $49.13. Both the RSI indicator and target price of 65.3 and $41.54 respectively, lead us to believe that it should be put on hold over the coming weeks.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural products, phosphates and fertilizers, food and consumer products, chemicals, automotive products, metals, forest products, minerals, and waste and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities. In addition, it offers intermodal transportation services through a network of approximately 50 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services. Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol. Additionally, it acquires, develops, sells, leases, and manages real estate properties. The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 4,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.

Oracle Corporation (ORCL) traded within a range of $39.68 to $40 after opening the day at $39.77. The company has seen its stock increase in value by 4.39% so far this year. The stock was up close to 0.35% on light volume in last trading session and closed at $39.98 per share. After the recent gain, the stock is currently holding -3.86% below its 52 week high of $42 and 17.76% above its 12-month low of $34.47. The shares are up by over 4.36% in the last three months, and the RSI indicator value of 60.54 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. It offers services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. The company licenses its Oracle Database software, which enables storage, retrieval, and manipulation of various forms of data; and Oracle Fusion Middleware software to build, deploy, secure, access, and integrate business applications, as well as automate their business processes. It also provides a range of software for mobile computing to address the development needs of businesses; and Java, a software development language. In addition, the company offers application software, such as human capital and talent management, customer experience and customer relationship management, financial management and governance, risk and compliance, procurement, project portfolio management, supply chain management, business analytics and enterprise performance management, and industry-specific application software. Further, it offers hardware systems products, such as Oracle Engineered Systems, servers, storage, networking, industry specific hardware, virtualization software, operating systems, management software, and related hardware services. Additionally, the company offers customers with rights to software product upgrades and maintenance releases, patches released, and Internet access to technical content, as well as Internet and telephone access to technical support personnel. The company also provides consulting services, such as IT strategy alignment, enterprise architecture planning and design, initial product implementation and integration, and ongoing product enhancement and upgrade; customer support services; and education services. Oracle Corporation was founded in 1977 and is headquartered in Redwood City, California.

 

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