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Stocks Buzz: Masco Corporation (MAS), Devon Energy Corporation (DVN), Cerner Corporation (CERN)

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Masco Corporation (MAS) failed to extend gains with the stock declining -0.78% or $-0.26 to close the day at $33 on active trading volume of 3.33M shares, compared to its three month average trading volume of 3.28M. The Taylor Michigan 48180 based company has been outperforming the general building materials group over the past 52 weeks, with the stock gaining 32.25%, compared to the industry which has advanced 47.86% 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 $37.8, making it a hold for now.

Masco Corporation designs, manufactures, markets, and distributes home improvement and building products in North America and internationally. The company’s Cabinets and Related Products segment offers assembled cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and integrated bathroom vanity and countertop products. Its Plumbing Products segment provides faucets, showerheads, handheld showers, valves, bathing units, shower enclosures, toilets, acrylic tub and shower systems, shower trays, spas and exercise pools, brass and copper plumbing system components, and other plumbing specialties. The company’s Decorative Architectural Products segment offers architectural coatings, including paints, primers, specialty paint and waterproofing products, and stains; cabinet, door, window, and hardware products; and bath hardware and shower accessories. Its Other Specialty Products segment provides vinyl, fiberglass, and aluminum windows and patio doors; and manual and electric heavy duty staple guns, hammer tackers, glue guns, and rivet tools. Masco Corporation sells its products under the KRAFTMAID, MERILLAT, QUALITY CABINETS, MOORES, CARDELL, DELTA, PEERLESS, HANSGROHE, AXOR, BRIZO, GINGER, NEWPORT BRASS, BRASSTECH, PLUMB SHOP, BRISTAN, HERITAGE, MIROLIN, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, COBRA, MASTER PLUMBER, BEHR, BEHR PRO, KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, ESSENCE SERIES, MILGARD, DURAFLEX, GRIFFIN, PREMIER, EVOLUTION, ARROW, POWERSHOT, and EASYSHOT brands. The company offers its products through home center retailers, mass merchandisers, hardware stores, homebuilders, distributors, and other outlets to consumers and contractors, as well as directly to consumers for home improvement and construction. Masco Corporation was founded in 1929 and is headquartered in Taylor, Michigan.

Devon Energy Corporation (DVN) grew with the stock adding 0.24% or $0.11 to close at $45.65 on light trading volume of 3.27M compared its three months average trading volume of 4.81M. The Oklahoma City Oklahoma 73102 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 74.29% up for the period and down by -0.04% so far this year. With price target of $53.06 and a 156.47% rebound from 52-week low, Devon Energy Corporation has plenty of upside potential, making it a hold with a view buy.

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.

Cerner Corporation (CERN) failed to extend gains with the stock declining -0.45% or $-0.24 to close the day at $53.62 on lower than average trading volume of 3.26M shares, compared to its three month average trading volume of 3.55M. The North Kansas City Missouri 64117 based company has been outperforming the healthcare information services companies by -6.5052% for last three months and its recent losses have trimmed gains to 13.19% YTD, versus the healthcare information services industry which is up 8.64% for the same period. The RSI of 67.93 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Cerner Corporation designs, develops, markets, installs, hosts, and supports health care information technology, health care devices, hardware, and content solutions for health care organizations and consumers in the United States and internationally. The company offers Cerner Millennium architecture, which includes clinical, financial, and management information systems that allow providers to access an individual’s electronic health record at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It also provides HealtheIntent platform, a cloud-based platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as assists to enhance outcomes and lower costs. In addition, the company offers a portfolio of clinical and financial health care information technology solutions, as well as departmental, connectivity, population health, and care coordination solutions; and various complementary services, including support, hosting, managed, implementation, and strategic consulting services. Further, it provides various services, such as implementation and training, remote hosting, operational management, revenue cycle, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third party administrator services for employer-based health plans; and complementary hardware and devices for third parties. It serves integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments, and public health organizations. Cerner Corporation was founded in 1979 and is headquartered in North Kansas City, Missouri.

 

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