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Stocks in Review: Vanguard Natural Resources, LLC (VNR), Fortinet, Inc. (FTNT), NRG Energy, Inc. (NRG)

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Vanguard Natural Resources, LLC (VNR) traded within a range of $0.2551 to $0.35 after opening the day at $0.34. The company has seen its stock decrease in value by -55.88% so far this year. The stock was down close to -20.11% on active volume in last trading session and closed at $0.3 per share. After the recent fall, the stock is currently holding -88.97% below its 52 week high of $2.68 and -7.62% below its 12-month low of $0.2551. The shares are down by over -51.54% in the last three months, and the RSI indicator value of 24.94 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Vanguard Natural Resources, LLC, through its subsidiaries, acquires and develops oil and natural gas properties in the United States. It owns properties, and oil and natural gas reserves primarily located in 10 operating basins, including the Green River Basin in Wyoming; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana, Mississippi, and Alabama; the Anadarko Basin in Oklahoma and North Texas; the Piceance Basin in Colorado; the Big Horn Basin in Wyoming and Montana; the Arkoma Basin in Arkansas and Oklahoma; the Williston Basin in North Dakota and Montana; the Wind River Basin in Wyoming; and the Powder River Basin in Wyoming. As of December 31, 2015, the company had total estimated proved reserves of 2,289.3 million barrels of oil equivalent, as well as owned working interests in 14,459 gross productive wells and approximately 881,508 gross undeveloped acres. Vanguard Natural Resources, LLC was founded in 2006 and is headquartered in Houston, Texas.

Fortinet, Inc. (FTNT) continued its upward trend with the stock climbing 13.68% or $4.54 to close the day at $37.72 on light trading volume of 12.7M shares, compared to its three month average trading volume of 2.51M. The Sunnyvale California 94086 based company has been outperforming the application software group over the past 52 weeks, with the stock gaining 41.17%, compared to the industry which has advanced 19.91% over the same period. With RSI of 85.37, the stock should still continue to rise and get closer to its one year target estimate of $35.48, making it a hold for now.

Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, Web filtering, anti-spam, and wide area network acceleration; FortiManager product family to provide a central management solution for FortiGate products comprising software updates, configuration, policy settings, and security updates; and the FortiAnalyzer product family, which provides a single point of network log data collection. It also offers FortiAP secure wireless access points; FortiWeb, a Web application firewall; FortiMail email security; FortiDB database security appliances; FortiClient, an endpoint security software; and FortiSwitch secure switch connectivity products. In addition, the company provides FortiSandbox advanced threat protection solutions; and FortiDDos and FortiDB database security appliances. Further, it offers security subscription, technical support, training, and professional services. The company was founded in 2000 and is headquartered in Sunnyvale, California.

NRG Energy, Inc. (NRG) gained $0.37 to close the day at a new closing price of $17.08, a 2.21% increase in value from its previous closing price that moved the stock 90.83% above its 52 week low of $9.03. A total of 11.97M shares exchanged hands during the day compared with its three month average trading volume of 6.67M. The stock, which fluctuated between $16.57 and $17.56 during the day, currently situated -6.13% below its 52 week high. The stock is up by 31.32% in the past one month and up by 73.02% over the past three months. With a one year target estimate of $17.61 and RSI of 82.18, the stock still has upside potential, making it a sell for now.

NRG Energy, Inc., together with its subsidiaries, operates as a power company. The company provides electricity; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, electric vehicle charging stations, and on-site energy solutions; carbon management and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset management services. It owns and operates approximately 50,000 megawatts of generation. The company also offers retail energy, rooftop solar, portable solar, and battery products home services; and various bundled products, which combine energy with protection products, energy efficiency, and renewable energy solutions, as well as offers installation and contract management services for residential solar customers. As of December 31, 2015, it served approximately 2.77 million recurring and 624,000 discrete customers. In addition, the company owns, operates, and develops solar and wind power projects; develops, constructs, and finances a range of solutions for utilities, schools, municipalities, and commercial markets; and trades in electric power, natural gas, and related commodity and financial products, including forwards, futures, options, and swaps. As of December 31, 2015, it operated 90 active fossil fuel and nuclear plants, 16 utility scale solar facilities, and 36 wind farms and multiple distributed solar facilities. Further, the company transacts in and trades fuel and transportation services; directly sells energy, services, and products and services to retail customers under the NRG, Reliant, and other names; and provides steam, hot water, and chilled water, as well as electricity to commercial businesses, universities, hospitals, and governmental units. NRG Energy, Inc. was founded in 1989 and is headquartered in Princeton, New Jersey.

 

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