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Trader Alert: Brookdale Senior Living Inc. (BKD), Fitbit, Inc. (FIT), Intersil Corporation (ISIL)

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Brookdale Senior Living Inc. (BKD) grew with the stock adding 1.94% or $0.29 to close at $15.23 on active trading volume of 6.62M compared its three months average trading volume of 3.89M. The Brentwood Tennessee 37027 based company operating under the Long-Term Care Facilities industry has been trending up for the last 52 weeks, with the shares price now 11.58% up for the period and up by 22.62% so far this year. With price target of $16.29 and a 43% rebound from 52-week low, Brookdale Senior Living Inc. has plenty of upside potential, making it a hold with a view buy.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

Fitbit, Inc. (FIT) gained $0.07 to close the day at a new closing price of $5.93, a 1.19% increase in value from its previous closing price that moved the stock 5.52% above its 52 week low of $5.62. A total of 6.6M shares exchanged hands during the day compared with its three month average trading volume of 11.13M. The stock, which fluctuated between $5.86 and $5.95 during the day, currently situated -68.54% below its 52 week high. The stock is down by -19.54% in the past one month and down by -37.05% over the past three months. With a one year target estimate of $8 and RSI of 35.47, the stock still has upside potential, making it a hold for now.

Fitbit, Inc. provides wearable health and fitness tracking devices. It offers various products, including Fitbit Zip, an entry-level wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, an activity and sleep wristband, which tracks steps, distance, calories burned, active minutes, floors climbed, and sleep. The company also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the user’s phone and SmartTrack automatic exercise recognition; and Fitbit Charge HR, a wireless heart rate and activity wristband. In addition, it offers Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and provides run cues; Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch; Aria, a Wi-Fi connected scale that tracks weight, body fat percentage, and body mass index; and Fitbit accessories that include bands and frames for Fitbit Blaze, bands for Fitbit Alta, colored bands for Fitbit Flex, colored clips for Fitbit One and Fitbit Zip, device charging cables, wireless sync dongles, band clasps, sleep bands, and Fitbit apparel. The company offers its products through consumer electronics and specialty retailers, e-Commerce retailers, sporting goods and outdoors retailers, and wireless carriers; and corporate wellness channels, as well as directly worldwide. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Intersil Corporation (ISIL) shares were up in last trading by 0.36% to $22.26. It experienced higher than average volume on day. The stock decreased in value by almost -0.4% over the past week and grew 0.32% in the past month. It is currently trading 0.33% above its 50 day moving average and 20.52% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.13% decrease in value from its one year high of $22.76. The RSI indicator value of 53.41, lead us to believe that it is a hold for now.

Intersil Corporation designs and develops power management and precision analog integrated circuits (ICs) for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets. The company offers various power IC solutions for battery management, processor power management, and display power management, including power regulators, converters, and controllers, as well as integrated power modules. It also provides precision analog components, such as amplifiers and buffers, proximity and light sensors, data converters, optoelectronics, video decoders, and interface products. The company markets its products through direct sales force and a network of distributors to original equipment manufacturers, original design manufacturers, and contract manufacturers primarily in China, the United States, South Korea, Japan, Germany, Singapore, and Taiwan. Intersil Corporation was founded in 1967 and is headquartered in Milpitas, California.

 

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