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Stocks Under Review: Alphabet Inc. (GOOG), DISH Network Corporation (DISH), General Electric Company (GE)

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Alphabet Inc. (GOOG) continued its upward trend with the stock climbing 0.15% or $1.21 to close the day at $820.45 on light trading volume of 1.05M shares, compared to its three month average trading volume of 1.58M. The Mountain View California 94043 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 18.73%, compared to the industry which has advanced 21.89% over the same period. With RSI of 60.32, the stock should still continue to rise and get closer to its one year target estimate of $955, making it a hold for now.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome, and Google Play, as well as technical infrastructure and newer efforts, including Virtual Reality. This segment also sells digital contents, apps and cloud offerings, and hardware products. The Other Bets segment includes businesses, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, X, and Google Fiber. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California.

DISH Network Corporation (DISH) retreated with the stock falling 0% or $0 to close at $61.95 on active trading volume of 2.83M compared its three months average trading volume of 2.06M. The Englewood Colorado 80112 based company operating under the CATV Systems industry has been trending up for the last 52 weeks, with the shares price now 40.32% up for the period and up by 6.94% so far this year. With price target of $73.81 and a 49.71% rebound from 52-week low, DISH Network Corporation has plenty of upside potential, making it a hold with a view buy.

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand. It also offers programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming. In addition, the company provides access to movies and TV shows via TV or Internet-connected tablets, smartphones, and computers; and dishanywhere.com and mobile applications for smartphones and tablets to view authorized content, search program listings, and remotely control certain features. Further, it offers Sling TV services that require an Internet connection and are available on streaming-capable devices, including TVs, tablets, computers, game consoles, and smart phones primarily to consumers who do not subscribe to traditional satellite and cable pay-TV services. Additionally, the company operates Sling International that offers over 200 channels in 18 languages; and Sling domestic package that consists over 20 channels and tiers of programming, including sports, kids, movies, world news, lifestyle and Spanish language, and premium content, such as HBO. Further, it offers Sling Latino service; and satellite broadband services, wireline voice, and broadband services under the dishNET brand. Additionally, the company has wireless spectrum licenses and related assets. As of December 31, 2015, it had 13.897 million Pay-TV subscribers. The company offers receiver systems and programming through direct sales channels, small satellite retailers, direct marketing groups, local and regional consumer electronics stores, nationwide retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado.

General Electric Company (GE) continued its upward trend with the stock climbing 0.8% or $0.24 to close the day at $30.28 on higher than average trading volume of 35.02M shares, compared to its three month average trading volume of 30.05M. The Boston Massachusetts 02210 based company has been outperforming the diversified machinery companies by -1.4456% for last three months and its recent losses have pulled the stock down -4.18% YTD, versus the diversified machinery industry which is up 2.71% for the same period. The RSI of 50.31 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

General Electric Company operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

 

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