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Stocks Alert: Prudential Financial, Inc. (PRU), Constellation Brands, Inc. (STZ), Continental Resources, Inc. (CLR)

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Prudential Financial, Inc. (PRU) grew with the stock adding 0.29% or $0.32 to close at $112.11 on active trading volume of 2.3M compared its three months average trading volume of 2.09M. The Newark New Jersey 07102 based company operating under the Life Insurance industry has been trending up for the last 52 weeks, with the shares price now 75.71% up for the period and up by 7.74% so far this year. With price target of $110.29 and a 88.23% rebound from 52-week low, Prudential Financial, Inc. has plenty of upside potential, making it a hold with a view buy.

Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It offers primarily life insurance, annuities, retirement-related, mutual funds, and investment management products and services. The company operates through U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance divisions. The U.S. Retirement Solutions and Investment Management division provides individual variable and fixed annuity products; and recordkeeping, plan administration, actuarial advisory, tailored participant education and communication, trustee, and institutional and retail investment services. It also offers brokerage services; guaranteed investment contracts, funding agreements, structured settlement annuities, and other group annuities; and investment management and advisory services to the public and private marketplace. The U.S. Individual Life and Group Insurance division provides individual variable, term, and universal life insurance products to mass middle, mass affluent, and affluent markets; group life; long-term and short-term group disability; and group corporate, bank, and trust-owned life insurance products to institutional clients. It also sells accidental death and dismemberment, and other ancillary coverages; and offers plan administrative services. The International Insurance division provides individual life insurance, retirement, and related products. The company serves individual and institutional customers through third-party broker-dealers, independent financial planners, financial professionals, third-party financial advisors, brokers, benefits consultants, sales force, wire houses, banks, general agencies, producer groups, life planners, and life consultants. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

Constellation Brands, Inc. (STZ) gained $2.3 to close the day at a new closing price of $158.51, a 1.47% increase in value from its previous closing price that moved the stock 16.67% above its 52 week low of $137.25. A total of 2.29M shares exchanged hands during the day compared with its three month average trading volume of 1.99M. The stock, which fluctuated between $156.16 and $158.69 during the day, currently situated -8.19% below its 52 week high. The stock is up by 5.62% in the past one month and up by 4.27% over the past three months. With a one year target estimate of $176.44 and RSI of 64.51, the stock still has upside potential, making it a hold for now.

Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. Its principal brands comprise Arbor Mist, Black Box, Blackstone, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Mount Veeder, Nobilo, Ravenswood, Rex Goliath, Robert Mondavi, Ruffino, Simi, Toasted Head, Wild Horse, Black Velvet Canadian Whisky, and SVEDKA Vodka. The company offers its products to wholesale distributors, retailers, on-premise locations, and government alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.

Continental Resources, Inc. (CLR) shares were down in last trading by -0.67% to $46.01. It experienced lighter than average volume on day. The stock increased in value by almost 0.5% over the past week and fell -10.56% in the past month. It is currently trading -9.72% below its 50 day moving average and -3.32% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -23.7% decrease in value from its one year high of $60.3. The RSI indicator value of 36.06, lead us to believe that it is a hold for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

 

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