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Momentum Stocks: Coach, Inc. (COH), T-Mobile US, Inc. (TMUS), The Mosaic Company (MOS)

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Coach, Inc. (COH) retreated with the stock falling -0.5% or $-0.19 to close at $37.96 on active trading volume of 3.79M compared its three months average trading volume of 3.29M. The New York New York 10001 based company operating under the Textile – Apparel Footwear & Accessories industry has been trending up for the last 52 weeks, with the shares price now 8.27% up for the period and up by 8.4% so far this year. With price target of $42.77 and a 13.1% rebound from 52-week low, Coach, Inc. has plenty of upside potential, making it a hold with a view buy.

Coach, Inc. provides luxury accessories and lifestyle brands. It offers handbags, money pieces, wristlets and cosmetic cases, key rings, and charms for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, time management, electronic accessories, and ready-to-wear for men. The company also provides footwear; seasonal lifestyle apparel collections, including outerwear and ready-to-wear, and cold weather accessories, such as gloves, scarves, and hats; jewelry consisting of bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising eau de perfume sprays, eau de toilette sprays, purse sprays, and body lotions. In addition, it offers weekend and travel accessories, travel bags, and other lifestyle products. Further, the company holds licensing rights to market and distribute footwear, eyewear, watches, and fragrances under the Coach brand name. It markets its products to consumers through a network of company-operated stores, including Internet in North America; and Coach-operated stores and concession shop-in-shops in Japan, Mainland China, Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Austria, Belgium, the Netherlands, and Switzerland. The company also sells its products to wholesale customers and distributors in approximately 55 countries. As of July 2, 2016, it operated 228 Coach retail stores and 204 Coach outlet leased stores; and 522 Coach-operated concession shop-in-shops within department stores, retail, and outlet stores, as well as 75 Stuart Weitzman stores. Coach, Inc. was founded in 1941 and is headquartered in New York, New York.

T-Mobile US, Inc. (TMUS) had a light trading with around 3.71M shares changing hands compared to its three month average trading volume of 4.4M. The stock traded between $60.32 and $61.4 before closing at the price of $60.61 with -1.13% change on the day. The Bellevue Washington 98006 based company is currently trading 73.82% above its 52 week low of $34.87 and -4.82% below its 52 week high of $63.68. Both the RSI indicator and target price of  and $62.25 respectively, lead us to believe that it could rise over the coming weeks.

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers. The company offers services, devices, and accessories under the T-Mobile and MetroPCS brands through its owned and operated retail stores, as well as Websites. T-Mobile US, Inc. also sells its devices and accessories to dealers and other third party distributors for resale through independent third-party retail outlets and various third-party Websites. As of December 31, 2016, it had approximately 2,000 T-Mobile and MetroPCS retail locations, including stores and kiosks. The company was founded in 1994 and is headquartered in Bellevue, Washington. T-Mobile US, Inc. is as a subsidiary of Deutsche Telekom Holding B.V.

The Mosaic Company (MOS) saw its value decrease by -1.87% as the stock dropped $-0.63 to finish the day at a closing price of $33.15. The stock was lighter in trading and has fluctuated between $22.77-$34.36 per share for the past year. The shares, which traded within a range of $32.93 to $33.81 during the day, are up by 19.81% in the past three months and up by 21.59% over the past six months. It is currently trading 3.1% above its 20 day moving average and 7.5% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $28.01 a share over the next twelve months. The current relative strength index (RSI) reading is 59.22.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.

 

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