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Stocks To Track: International Paper Company (IP), D.R. Horton, Inc. (DHI), Netflix, Inc. (NFLX)

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International Paper Company (IP) climbed 1.18% during last trading as the stock added $0.62 to finish the day at $53.38 with about 2.92M shares changing hands, compared to its three month average trading volume of 3.02M. The $21.65B market cap company, which fluctuated between $52.73 and $53.5 during the day, currently situated 66.05% above its 52 week low of $33.43 and -8.51% away from its one year high of $58.86. The RSI of 49.97 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end use applications, including brochures, pamphlets, greeting cards, books, annual reports, and direct mail, as well as envelopes, tablets, business forms, and file folders. This segment sells uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brand names. It also produces pulp for manufacturing printing, writing, and specialty papers, as well as towels and tissues, filtration products, diapers, and sanitary napkins. The Consumer Packaging segment offers coated paperboards for various packaging and foodservice end uses, such as food, cosmetics, pharmaceuticals, and tobacco products under the Everest, Fortress, and Starcote brand names. This segment also produces cups, lids, food containers, and plates. The company sells its packaging products, paper products, and other products directly to end users and converters, as well as through agents, resellers, and paper distributors. International Paper Company was founded in 1898 and is headquartered in Memphis, Tennessee.

D.R. Horton, Inc. (DHI) dropped $-0.33 to close the day at a new closing price of $30.43, a -1.07% decrease in value from its previous closing price that moved the stock 26.95% above its 52 week low of $24.44. A total of 2.86M shares exchanged hands during the day compared with its three month average trading volume of 4.54M. The stock, which fluctuated between $30.36 and $30.9 during the day, currently situated -11.13% below its 52 week high. The stock is up by 7.13% in the past one month and up by 8.23% over the past three months. With a one year target estimate of $34.53 and RSI of 57.56, the stock still has upside potential, making it a hold for now.

D.R. Horton, Inc. operates as a homebuilding company. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 78 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Regent Homes, Crown Communities, and Pacific Ridge Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums. It is also involved in the origination and sale of mortgages; and provision of title insurance policies, and examination and closing services. The company primarily serves title insurance agents, homebuyers, and homebuilding customers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Fort Worth, Texas.

Netflix, Inc. (NFLX) had a light trading with around 2.84M shares changing hands compared to its three month average trading volume of 6.89M. The stock traded between $141.07 and $142.44 before closing at the price of $142.01 with -0.18% change on the day. The Los Gatos California 95032 based company is currently trading 68.06% above its 52 week low of $84.5 and -2.7% below its 52 week high of $145.95. Both the RSI indicator and target price of 59.5 and $147.18 respectively, lead us to believe that it should be put on hold over the coming weeks.

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. It offers members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. It serves approximately 93 million streaming members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

 

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