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Investor’s Watch List: General Motors Company (GM), Annaly Capital Management, Inc. (NLY), Host Hotels & Resorts, Inc. (HST)

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General Motors Company (GM) had a active trading with around 9.36M shares changing hands compared to its three month average trading volume of 14.39M. The stock traded between $36.82 and $37.16 before closing at the price of $37.03 with -0.13% change on the day. The Detroit Michigan 48265 based company is currently trading 39.92% above its 52 week low of $27.05 and -3.52% below its 52 week high of $38.38. Both the RSI indicator and target price of 54.73 and $38.82 respectively, lead us to believe that it should be put on hold over the coming weeks.

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars, trucks, and crossovers to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.

Annaly Capital Management, Inc. (NLY) continued its upward trend with the stock climbing 2.86% or $0.3 to close the day at $10.8 on active trading volume of 9.08M shares, compared to its three month average trading volume of 6.78M. The New York New York 10036 based company has been outperforming the reit – diversified group over the past 52 weeks, with the stock gaining 21.85%, compared to the industry which has advanced 31.08% over the same period. With RSI of 75.17, the stock should still continue to rise and get closer to its one year target estimate of $10.35, making it a hold for now.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.

Host Hotels & Resorts, Inc. (HST) shares were down in last trading by -0.21% to $18.58. It experienced lighter than average volume on day. The stock increased in value by almost 1.25% over the past week and grew 1.47% in the past month. It is currently trading 0.66% above its 50 day moving average and 11.79% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.62% decrease in value from its one year high of $19.51. The RSI indicator value of 55.15, lead us to believe that it is a hold for now.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland. The firm primarily invests in luxury and upper upscale hotels. It was formerly known as Host Marriott Corporation. Host Hotels & Resorts, Inc. was founded in 1927 and is based in Bethesda, Maryland.

 

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