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Trader Alert: Newell Brands Inc. (NWL), The Mosaic Company (MOS), ONEOK, Inc. (OKE)


Newell Brands Inc. (NWL) grew with the stock adding 1% or $0.47 to close at $47.53 on light trading volume of 3.49M compared its three months average trading volume of 4.33M. The Atlanta Georgia 30328 based company operating under the Housewares & Accessories industry has been trending up for the last 52 weeks, with the shares price now 34.22% up for the period and up by 6.45% so far this year. With price target of $56.13 and a 38.69% rebound from 52-week low, Newell Brands Inc. has plenty of upside potential, making it a hold with a view buy.

Newell Brands Inc. designs, sources, and distributes consumer and commercial products worldwide. The company offers markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; fine writing instruments; and labeling solutions under the Sharpie, Paper Mate, Expo, Prismacolor, Mr.Sketch, Elmer’s, X-Acto, Parker, Waterman, and Dymo Office brands. It also provides indoor/outdoor organization, food storage, and home storage products; durable beverage containers; gourmet cookware, bakeware, and cutlery; and hair care accessories under the Rubbermaid, Contigo, Bubba, Calphalon, and Goody brands; and home fragrance products under the WoodWick Candle brand. In addition, the company offers hand and power tool accessories, industrial band saw blades, tools for HVAC systems, and industrial label makers and printers under Irwin, Lenox, Hilmor, and Dymo Industrial brands; cleaning and refuse products, hygiene systems, and material handling solutions under the Rubbermaid Commercial Products brand names; and infant and juvenile products, such as car seats, strollers, highchairs, and playards directly under the Graco, Baby Jogger, Aprica, and Teutonia brands. Further, it provides branded consumer products, consumables, and household staples under the Yankee Candle, Waddington, Ball, Diamond, First Alert, NUK, and Pine Mountain brands; kitchen appliances and home environment products under the Crock-Pot, FoodSaver, Holmes, Mr. Coffee, Oster, Rainbow, and Sunbeam brands; products for outdoor and outdoor-related activities under the Coleman, Jostens, Berkley, Shakespeare, Rawlings, Völkl, K2, and Marmot brands; and plastic products, including closures, contact lens packaging, medical disposables, plastic cutlery, and rigid packaging under the Jarden name. The company was formerly known as Newell Rubbermaid Inc. and changed its name to Newell Brands Inc. in April 2016. The company was founded in 1903 and is headquartered in Atlanta, Georgia.

The Mosaic Company (MOS) gained $0.27 to close the day at a new closing price of $34.02, a 0.8% increase in value from its previous closing price that moved the stock 59.59% above its 52 week low of $22.77. A total of 3.4M shares exchanged hands during the day compared with its three month average trading volume of 4.88M. The stock, which fluctuated between $33.41 and $34.03 during the day, currently situated -0.99% below its 52 week high. The stock is up by 8.86% in the past one month and up by 25.38% over the past three months. With a one year target estimate of $28.01 and RSI of 68.01, the stock still has upside potential, making it a hold for now.

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients primarily for the agricultural industry worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names. The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant, as well as fluorosilicic acid for water fluoridation. In addition, it provides nitrogen-based crop nutrients and animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. The company sells its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts. The Mosaic Company was founded in 2004 and is headquartered in Plymouth, Minnesota.

ONEOK, Inc. (OKE) shares were down in last trading by -0.13% to $54.95. It experienced higher than average volume on day. The stock increased in value by almost 1.07% over the past week and fell -1.32% in the past month. It is currently trading -2.15% below its 50 day moving average and 14.02% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.34% decrease in value from its one year high of $59.47. The RSI indicator value of 47.16, lead us to believe that it is a hold for now.

ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates through the Natural Gas Gathering and Processing, the Natural Gas Liquids, and the Natural Gas Pipelines segments. The company gathers, treats, fractionates, stores, and transports natural gas liquids (NGL), as well as owns natural gas liquids gathering and distribution pipelines, natural gas liquids distribution and refined petroleum products pipelines, and terminal and storage facilities; and operates interstate and intrastate regulated natural gas transmission pipelines and natural gas storage facilities, as well as stores, markets, and distributes NGL products to petrochemical manufacturers, heating fuel users, ethanol producers, refineries, exporters, and propane distributors. It also owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space to others. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.


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