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Stocks Roundup: Ross Stores, Inc. (ROST), Danaher Corporation (DHR), Newell Brands Inc. (NWL)

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Ross Stores, Inc. (ROST) retreated with the stock falling -0.96% or $-0.66 to close at $68.26 on light trading volume of 2.54M compared its three months average trading volume of 2.6M. The Dublin California 94568 based company operating under the Apparel Stores industry has been trending up for the last 52 weeks, with the shares price now 25.65% up for the period and up by 4.05% so far this year. With price target of $71.04 and a 32.15% rebound from 52-week low, Ross Stores, Inc. has plenty of upside potential, making it a hold with a view buy.

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at savings of 20% to 60% off department and specialty store regular prices primarily to middle income households; and dd’s DISCOUNTS stores sell its products at savings of 20% to 70% off moderate department and discount store regular prices to customers from households with moderate income. As of October 10, 2016, it operated 1,342 Ross Dress for Less stores in 36 states, the District of Columbia, and Guam; and 193 dd’s DISCOUNTS stores in 15 states. The company was founded in 1982 and is headquartered in Dublin, California.

Danaher Corporation (DHR) had a light trading with around 2.49M shares changing hands compared to its three month average trading volume of 2.95M. The stock traded between $83.64 and $84.64 before closing at the price of $84.25 with -0.43% change on the day. The Washington District of Columbia 20037 based company is currently trading 30.35% above its 52 week low of $65.22 and -0.58% below its 52 week high of $84.74. Both the RSI indicator and target price of  and $90.44 respectively, lead us to believe that it could rise over the coming weeks.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Its Test & Measurement segment provides instruments products; services and products that help to convert concepts into finished products; professional tools; and wheel service equipment. The company’s Environmental segment provides instrumentation and disinfection systems; and solutions and services focused on fuel dispensing, remote fuel management, point-of-sale and payment system, environmental compliance, vehicle tracking, and fleet management. Its Life Sciences & Diagnostics segment offers chemistry systems, immunoassay systems, hematology and flow cytometry products, microbiology systems, and systems and workflow automations solutions. This segment also provides professional microscopes; mass spectrometers; bioanalytical measurement systems; workflow instruments and consumables; and filtration products, which are used to remove solid, liquid, and gaseous contaminants. The company’s Dental segment offers consumables, equipment, and services to diagnose, treat, and prevent disease and ailments of the teeth, gums, and supporting bone. The company’s Industrial Technologies segment provides equipment, consumables, and software for various printing, marking, coding, packaging, design, and color management applications; and a range of electromechanical and electronic motion control products. This segment also offers devices that sense, monitor and control operational or manufacturing variables; instruments, controls, and monitoring systems used in electric utilities and industrial facilities; engineered energetic materials components; and supplemental braking systems for commercial vehicles. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia.

Newell Brands Inc. (NWL) saw its value decrease by -0.83% as the stock dropped $-0.39 to finish the day at a closing price of $46.88. The stock was lighter in trading and has fluctuated between $36.72-$55.45 per share for the past year. The shares, which traded within a range of $46.84 to $47.81 during the day, are up by 0.03% in the past three months and down by -12.45% over the past six months. It is currently trading 0.61% above its 20 day moving average and 1.15% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $56.13 a share over the next twelve months. The current relative strength index (RSI) reading is 51.54.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Newell Brands Inc. designs, sources, and distributes consumer and commercial products worldwide. The company offers markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; fine writing instruments; and labeling solutions under the Sharpie, Paper Mate, Expo, Prismacolor, Mr.Sketch, Elmer’s, X-Acto, Parker, Waterman, and Dymo Office brands. It also provides indoor/outdoor organization, food storage, and home storage products; durable beverage containers; gourmet cookware, bakeware, and cutlery; and hair care accessories under the Rubbermaid, Contigo, Bubba, Calphalon, and Goody brands; and home fragrance products under the WoodWick Candle brand. In addition, the company offers hand and power tool accessories, industrial band saw blades, tools for HVAC systems, and industrial label makers and printers under Irwin, Lenox, Hilmor, and Dymo Industrial brands; cleaning and refuse products, hygiene systems, and material handling solutions under the Rubbermaid Commercial Products brand names; and infant and juvenile products, such as car seats, strollers, highchairs, and playards directly under the Graco, Baby Jogger, Aprica, and Teutonia brands. Further, it provides branded consumer products, consumables, and household staples under the Yankee Candle, Waddington, Ball, Diamond, First Alert, NUK, and Pine Mountain brands; kitchen appliances and home environment products under the Crock-Pot, FoodSaver, Holmes, Mr. Coffee, Oster, Rainbow, and Sunbeam brands; products for outdoor and outdoor-related activities under the Coleman, Jostens, Berkley, Shakespeare, Rawlings, Völkl, K2, and Marmot brands; and plastic products, including closures, contact lens packaging, medical disposables, plastic cutlery, and rigid packaging under the Jarden name. The company was formerly known as Newell Rubbermaid Inc. and changed its name to Newell Brands Inc. in April 2016. The company was founded in 1903 and is headquartered in Atlanta, Georgia.

 

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