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Traders Recap: CME Group Inc. (CME), Parker-Hannifin Corporation (PH), Lincoln National Corporation (LNC)

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CME Group Inc. (CME) managed to rebound with the stock climbing 0.3% or $0.36 to close the day at $121.26 on higher than average trading volume of 2.05M shares, compared to its three month average trading volume of 1.79M. The Chicago Illinois 60606 based company has been outperforming the investment brokerage – national companies by 25.4354% for last three months and its recent gains have pushed the stock slightly up 5.12% YTD, versus the investment brokerage – national industry which is up 0.65% for the same period. The RSI of 69.5 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. The company offers a range of products across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. Its products include exchange-traded; and privately negotiated futures and options contracts and swaps. It executes trade through its electronic trading platforms, open outcry, and privately negotiated transactions, as well as provides hosting, connectivity, and customer support for electronic trading through its co-location services. The company also provides clearing and settlement services for exchange-traded contracts, as well as for cleared swaps; and regulatory reporting solutions for market participants through its global repository services in the United States, the United Kingdom, Canada, and Australia. In addition, the company offers a range of market data services, including live quotes, delayed quotes, market reports, and historical data service, as well as index services. CME Group Inc. serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.

Parker-Hannifin Corporation (PH) had a active trading with around 2.04M shares changing hands compared to its three month average trading volume of 1.1M. The stock traded between $148.04 and $152.87 before closing at the price of $149.75 with 2.96% change on the day. The Cleveland Ohio 44124 based company is currently trading 63.8% above its 52 week low of $94.44 and -0.26% below its 52 week high of $152.87. Both the RSI indicator and target price of 61.88 and $153.07 respectively, lead us to believe that it should be put on hold over the coming weeks.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides pneumatic, fluidic, and electromechanical components and systems; static and dynamic sealing devices; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; and critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, as well as components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions. This segment sells its products to original equipment manufacturers and their replacement markets in manufacturing, packaging, processing, transportation, mobile construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, including control actuation systems and components, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inserting systems, hydraulic systems and components, lubrication components, power conditioning and management systems, thermal management, and wheels and brakes. This segment markets its products directly to original equipment manufacturers and end users. The company markets its products through direct-sales employees, independent distributors, and sales representatives. Parker-Hannifin Corporation was founded in 1918 and is headquartered in Cleveland, Ohio.

Lincoln National Corporation (LNC) traded within a range of $66.62 to $69.56 after opening the day at $68.88. The company has seen its stock increase in value by 3.86% so far this year. The stock was down close to -0.57% on active volume in last trading session and closed at $68.53 per share. After the recent fall, the stock is currently holding -2.61% below its 52 week high of $70.37 and 130.69% above its 12-month low of $30.39. The shares are up by over 40.96% in the last three months, and the RSI indicator value of 55.81 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The company sells a range of wealth protection, accumulation, and retirement income products and solutions. Its products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, and employer-sponsored retirement plans and services, as well as group life, disability, and dental products. Lincoln National Corporation also provides various plan investment vehicles, including individual and group variable annuities, group fixed annuities, and mutual fund-based programs; single and survivorship versions of UL and VUL, including corporate-owned UL and VUL, and bank-owned UL and VUL insurance products; and group non-medical insurance products, principally term life, universal life, disability, dental, vision, accident, and critical illness insurance to the employer market place through various forms of contributory and non-contributory plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1904 and is headquartered in Radnor, Pennsylvania.

 

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