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Investor’s Watch List: Cardinal Health, Inc. (CAH), General Dynamics Corporation (GD), Xcel Energy Inc. (XEL)

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Cardinal Health, Inc. (CAH) had a light trading with around 1.78M shares changing hands compared to its three month average trading volume of 2.61M. The stock traded between $77.38 and $79.04 before closing at the price of $78.88 with 1.04% change on the day. The Dublin Ohio 43017 based company is currently trading 26.59% above its 52 week low of $62.7 and -8.59% below its 52 week high of $87.85. Both the RSI indicator and target price of 67.53 and $81.87 respectively, lead us to believe that it should be put on hold over the coming weeks.

Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company’s Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, hospitals, and other healthcare providers. It offers distribution, inventory management, data reporting, new product launch support, and contract pricing and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers. This segment also operates nuclear pharmacies and cyclotron facilities that manufacture, prepare, and deliver radiopharmaceuticals, as well as operates direct-to-patient specialty pharmacies; offers logistics, marketing, and other services; and repackages generic pharmaceuticals and over-the-counter healthcare products. The company’s Medical segment distributes a range of medical, surgical, and laboratory products and services to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers, as well as to patients in the home. This segment also develops, manufactures, and sources medical and surgical products comprising surgical drapes, and gowns and apparel; exam and surgical gloves; fluid suction and collection systems; cardiovascular and endovascular products; and wound care and orthopedic products, as well as assembles and offers sterile and non-sterile procedure kits. In addition, it offers supply chain services, including spend, distribution, and inventory management services to healthcare providers; and post-acute care management, and transition services and software to hospitals, other healthcare providers, and payers. The company was founded in 1979 and is headquartered in Dublin, Ohio.

General Dynamics Corporation (GD) continued its upward trend with the stock climbing 0.34% or $0.63 to close the day at $187.23 on light trading volume of 1.39M shares, compared to its three month average trading volume of 1.57M. The Falls Church Virginia 22042 based company has been outperforming the aerospace/defense products & services group over the past 52 weeks, with the stock gaining 45.36%, compared to the industry which has advanced 37.46% over the same period. With RSI of 70.78, the stock should still continue to rise and get closer to its one year target estimate of $202.17, making it a hold for now.

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four business groups: Aerospace; Combat Systems; Information Systems and Technology; and Marine Systems. The Aerospace group designs, develops, manufactures, and outfits business-jet aircraft; provides aircraft services, such as maintenance, repair, aircraft management, charter, fixed-base operational, and staffing services; and performs aircraft completion services for other original equipment manufacturers. The Combat Systems group is involved in the design, development, production, modernization, and sustainment of combat vehicles, weapons systems, and munitions. This group offers wheeled combat and tactical vehicles; main battle tanks and tracked combat vehicles; armaments; and maintenance and logistics support and sustainment services. The Information Systems and Technology group provides technologies, products, and services that support a range of military, federal/civilian, state, local, and commercial customers. This group offers information technology solutions and mission support services; communication, command-and-control, and computer mission systems; and imagery, signals, and multi-intelligence systems for customers in the defense sector, intelligence and homeland security communities, and the United States allies. The Marine Systems group designs, constructs, and repairs surface ships and submarines for the United States Navy and Jones Act ships for commercial customers. This group offers nuclear-powered surface combatants, auxiliary and combat-logistics ships, and commercial product carriers and containerships; and provides design and engineering support services, as well as maintenance, modernization, and lifecycle support services. General Dynamics Corporation was founded in 1899 and is based in Falls Church, Virginia.

Xcel Energy Inc. (XEL) shares were down in last trading by -0.74% to $41.72. It experienced lighter than average volume on day. The stock increased in value by almost 0.14% over the past week and grew 2.63% in the past month. It is currently trading 2.86% above its 50 day moving average and 1.92% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -6.61% decrease in value from its one year high of $45.42. The RSI indicator value of 58.81, lead us to believe that it is a hold for now.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil and refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy Inc. was founded in 1909 and is based in Minneapolis, Minnesota.

 

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