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3 Notable Runners: The Boeing Company (BA), Caterpillar Inc. (CAT), HCP, Inc. (HCP)

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The Boeing Company (BA) continued its upward trend with the stock climbing 0.89% or $1.51 to close the day at $170.81 on lower than average trading volume of 3.07M shares, compared to its three month average trading volume of 3.32M. The Chicago Illinois 60606 based company has been outperforming the aerospace/defense products & services companies by 16.2432% for last three months and its recent gains have pushed the stock slightly up 10.66% YTD, versus the aerospace/defense products & services industry which is up 6.8% for the same period. The RSI of 72.81 indicates the stock is overbought at the current levels, sell for now.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. It operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements; and provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment researches, develops, produces, and modifies manned and unmanned military aircraft, and weapons systems for global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment researches, develops, produces, and modifies strategic defense and intelligence systems, satellite systems, and space exploration products. The Global Services & Support segment provides integrated logistics services comprising supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services that include pilot and maintenance training. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating and finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was founded in 1916 and is headquartered in Chicago, Illinois.

Caterpillar Inc. (CAT) had a light trading with around 3.06M shares changing hands compared to its three month average trading volume of 4.43M. The stock traded between $97.8 and $99.07 before closing at the price of $98.26 with -0.77% change on the day. The Peoria Illinois 61630 based company is currently trading 61.56% above its 52 week low of $63.07 and -1.21% below its 52 week high of $99.46. Both the RSI indicator and target price of 61.81 and $93.36 respectively, lead us to believe that it should be put on hold over the coming weeks.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company’s Construction Industries segment offers backhoe, small wheel, skid steer, multi-terrain, compact track, medium and compact wheel, and track-type loaders; mini, wheel, and track excavators; track-type tractors; and select work tools, motor graders, telehandlers, soil compactors, and pipelayers, as well as its related parts for the heavy and general construction, rental, mining and quarry, and aggregates markets. Its Resource Industries segment provides electric rope and hydraulic shovels; draglines; drills; highwall and longwall miners; hard rock vehicles; articulated, large mining, and off-highway trucks; large wheel loaders; wheel tractor scrapers; wheel dozers; machinery components; hard rock continuous mining systems; electronics and control systems; and select work tools for use in mining and quarry applications. The company’s Energy & Transportation segment offers reciprocating engines, generator sets, marine propulsion systems, gas turbines and turbine-related services, diesel-electric locomotives, and other rail-related products and services. Its Financial Products segment provides retail and wholesale financing for Caterpillar equipment, machinery, and engines; offers property, casualty, life, accident, and health insurance; insurance brokerage services; and purchases short-term trade receivables. The company’s All Other segments remanufactures Cat engines and components, and provides remanufacturing services for other companies; offers business strategy, and development, management, manufacturing, marketing, and support primarily for paving, forestry, industrial, waste, and Cat products. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Peoria, Illinois.

HCP, Inc. (HCP) traded within a range of $30.5 to $31.29 after opening the day at $30.5. The company has seen its stock increase in value by 5.51% so far this year. The stock was up close to 1.84% on light volume in last trading session and closed at $30.98 per share. After the recent gain, the stock is currently holding -13.78% below its 52 week high of $36.82 and 38.05% above its 12-month low of $25.22. The shares are up by over 6.62% in the last three months, and the RSI indicator value of 62.05 is neither bullish nor bearish, tempting investors to stay on the sidelines.

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry including sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing. The fund also invests in mezzanine loans and other debt instruments. It engages in acquisition, development, leasing, selling and managing of healthcare real estate and provides mortgage and other financing to healthcare providers. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Berkshire Hathaway Index, and MSCI REIT Index. HCP, Inc. was formed in 1985 and is based in Irvine, California with additional office in Nashville and San Francisco.

 

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