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3 Trending Stocks: EOG Resources, Inc. (EOG), Berkshire Hathaway Inc. (BRK-B), Express Scripts Holding Company (ESRX)

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EOG Resources, Inc. (EOG) continued its downward trend with the stock declining -0.58% or $-0.58 to close the day at $100.17 on light trading volume of 3.15M shares, compared to its three month average trading volume of 3.51M. The Houston Texas 77002 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 45.3%, compared to the industry which has advanced 46% over the same period. With RSI of 44.27, the stock should still continue to rise and get closer to its one year target estimate of $112.56, making it a hold for now.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People’s Republic of China. As of December 31, 2015, it had total estimated net proved reserves of 2,118 million barrels of oil equivalent, including 1,098 million barrels (MMBbl) crude oil and condensate reserves; 383 MMBbl of natural gas liquid reserves; and 3,825 billion cubic feet of natural gas reserves. EOG Resources, Inc. was founded in 1985 and is headquartered in Houston, Texas.

Berkshire Hathaway Inc. (BRK-B) climbed 0.27% during last trading as the stock added $0.46 to finish the day at $167.74 with about 3.15M shares changing hands, compared to its three month average trading volume of 3.48M. The $413.81B market cap company, which fluctuated between $166.1 and $167.8 during the day, currently situated 30.98% above its 52 week low of $128.88 and 0.24% away from its one year high of $167.8. The RSI of 67.06 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Berkshire Hathaway Inc. operates as a holding company. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, and distributes electricity from solar, wind, nuclear, geothermal, and hydro sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets. In addition, it offers real estate brokerage services; invests in fixed-income and equity instruments; and engages in manufactured housing and finance business, leasing of transportation equipment, and furniture leasing activities. Further, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and other products; flooring, insulation, roofing and engineered, building and engineered components, paint and coating, and bricks and masonry products; recreational vehicles, apparel products, jewelry, and custom picture framing products; and alkaline batteries. Additionally, it manufactures structural investment castings and forged components, machined airframe components and engineered critical fasteners; airfoil castings; titanium and nickel superalloy melted and mill products; and seamless pipes, fittings, and forgings. The company distributes newspapers, televisions, and information; franchises and services quick service restaurants; distributes electronic components; and offers steel and logistics services, professional aviation training programs, and fractional aircraft ownership programs. In addition, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchen tools; and motorcycle apparel and equipment. The company was founded in 1889 and is headquartered in Omaha, Nebraska.

Express Scripts Holding Company (ESRX) saw its value decrease by -0.33% as the stock dropped $-0.23 to finish the day at a closing price of $69.23. The stock was lighter in trading and has fluctuated between $64.46-$80.02 per share for the past year. The shares, which traded within a range of $68.48 to $69.78 during the day, are down by -10.25% in the past three months and down by -9.66% over the past six months. It is currently trading 0.37% above its 20 day moving average and -1.55% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $81.11 a share over the next twelve months. The current relative strength index (RSI) reading is 50.16. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States, Canada, and Europe. It operates in two segments, PBM and Other Business Operations. The PBM segment offers clinical solutions, specialized pharmacy care, home delivery and specialty pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management, administration of a group purchasing organization, and consumer health and drug information services. This segment also provides Medicare, Medicaid, and health insurance marketplace products; and Express Scripts SafeGuardRxSM, a suite of solutions targeting the medication classes that pose a budgetary threat to its clients. The Other Business Operations segment distributes pharmaceuticals and medical supplies, including injectable and infusible pharmaceuticals and medications to treat specialty and rare/orphan diseases. This segment also provides consulting services, such as design, implementation, and project management for pharmaceutical and biotechnology manufacturers to collect scientific evidence to guide the use of medicines. The company serves care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans, government health programs, providers, clinics, hospitals, and others. As of December 31, 2016, it operated four automated dispensing home delivery pharmacies; one non-automated dispensing home delivery pharmacy; and one non-dispensing home delivery pharmacy, as well as various non-dispensing order processing and patient contact centers, specialty drug pharmacies, and fertility pharmacies. The company was formerly known as Aristotle Holding, Inc. and changed its name to Express Scripts Holding Company in April 2012. Express Scripts Holding Company was founded in 1986 and is headquartered in Saint Louis, Missouri.

 

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