Kellogg Company (K) grew with the stock adding 0.4% or $0.3 to close at $75.92 on active trading volume of 1.87M compared its three months average trading volume of 1.65M. The Battle Creek Michigan 49017 based company operating under the Processed & Packaged Goods industry has been trending up for the last 52 weeks, with the shares price now 3.7% up for the period and up by 3% so far this year. With price target of $81.13 and a 7.32% rebound from 52-week low, Kellogg Company has plenty of upside potential, making it a hold with a view buy.
Kellogg Company manufactures and markets ready-to-eat cereal and convenience foods. It operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. The company’s principal products include cookies, crackers, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods, as well as health and wellness bars, and beverages. It offers cereal products under the Kellogg’s brand name; and cookies, crackers, crisps, and other convenience foods under the Kellogg’s, Keebler, Cheez-It, Murray, Austin, and Famous Amos brands. The company sells its products for grocery trade through direct sales forces; and to supermarkets through a direct store-door delivery system, as well as use brokers and distributors. The company was founded in 1906 and is headquartered in Battle Creek, Michigan.
Facebook, Inc. (FB) had a light trading with around 14.34M shares changing hands compared to its three month average trading volume of 21.2M. The stock traded between $132.55 and $134.23 before closing at the price of $133.85 with -0.15% change on the day. The Menlo Park California 94025 based company is currently trading 33.53% above its 52 week low of $100.4 and -1.21% below its 52 week high of $135.49. Both the RSI indicator and target price of and $159.21 respectively, lead us to believe that it could rise over the coming weeks.
Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. The company also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2016, it had approximately 1.23 billion daily active users. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.
Southern Copper Corporation (SCCO) saw its value decrease by -0.03% as the stock dropped $-0.01 to finish the day at a closing price of $38.63. The stock was lighter in trading and has fluctuated between $23.54-$39.5 per share for the past year. The shares, which traded within a range of $38.28 to $38.75 during the day, are up by 18.03% in the past three months and up by 48.03% over the past six months. It is currently trading 2.68% above its 20 day moving average and 10.45% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $33.41 a share over the next twelve months. The current relative strength index (RSI) reading is 62.38.The technical indicator lead us to believe there will be no major movement any time soon, hold.
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as molybdenum concentrate, refined silver, gold, and other materials. It operates the Toquepala, Cuajone, La Caridad, and Buenavista mine complexes, as well as the smelting and refining plants, which produce copper with production of by-products of molybdenum, silver, and other materials. The company also operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. It has interests in 77,799 hectares of exploration concessions in Peru; 145,720 hectares of exploration concessions in Mexico; 159,831 hectares of exploration concessions in Argentina; 40,758 hectares of exploration concessions in Chile; and 2,544 hectares of exploration concessions in Ecuador. The company was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.