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Stocks To Track: Sysco Corporation (SYY), Noble Energy, Inc. (NBL), Exelon Corporation (EXC)

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Sysco Corporation (SYY) fell -0.23% during last trading as the stock lost $-0.12 to finish the day at $52.63 with about 3.57M shares changing hands, compared to its three month average trading volume of 3.54M. The $28.69B market cap company, which fluctuated between $52.42 and $52.79 during the day, currently situated 28.39% above its 52 week low of $42.05 and -7.22% away from its one year high of $57.07. The RSI of 42.96 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Bahamas, Canada, Ireland, Costa Rica, and Mexico. It operates through Broadline, SYGMA, and Other segments. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware consisting of pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. In addition, the company offers specialty meat products, such as custom-cut fresh steaks, other meat, and poultry products; and lodging industry products, including personal care guest amenities, equipment, housekeeping supplies, room accessories, and textiles. It serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues through 200 distribution facilities. The company was founded in 1969 and is headquartered in Houston, Texas.

Noble Energy, Inc. (NBL) dropped $-0.26 to close the day at a new closing price of $37.21, a -0.69% decrease in value from its previous closing price that moved the stock 35.09% above its 52 week low of $27.85. A total of 3.52M shares exchanged hands during the day compared with its three month average trading volume of 4.3M. The stock, which fluctuated between $37.13 and $37.91 during the day, currently situated -11.24% below its 52 week high. The stock is down by -6.25% in the past one month and down by -0.44% over the past three months. With a one year target estimate of $46.88 and RSI of 33.69, the stock still has upside potential, making it a hold for now.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in DJ Basin, Eagle Ford Shale, Permian Basin, and Marcellus Shale, the United States; deepwater Gulf of Mexico; offshore Eastern Mediterranean; and offshore West Africa. As of December 31, 2016, the company had approximately 1,437 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is based in Houston, Texas.

Exelon Corporation (EXC) had a light trading with around 3.51M shares changing hands compared to its three month average trading volume of 5.97M. The stock traded between $35.13 and $35.44 before closing at the price of $35.42 with 0.57% change on the day. The Chicago Illinois 60680 based company is currently trading 20.76% above its 52 week low of $29.82 and -3.34% below its 52 week high of $37.7. Both the RSI indicator and target price of 53.4 and $38.45 respectively, lead us to believe that it should be put on hold over the coming weeks.

Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States and Canada. It owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells renewable energy and other energy-related products and services; and sells electricity and natural gas to wholesale and retail customers. In addition, it is involved in the purchase and regulated retail sale of electricity, and the provision of electricity transmission and distribution services to retail customers in Northern Illinois, Southeastern Pennsylvania, Delaware, and Central Maryland. Further, the company engages in the purchase and regulated retail sale of natural gas, and the provision of natural gas distribution services to retail customers in northern Delaware, southern New Jersey, and Central Maryland, as well as in the Pennsylvania counties surrounding the City of Philadelphia. Additionally, it offers support services, including legal, human resources, financial, information technology, and supply management services, as well as accounting, engineering, distribution and transmission planning, asset management, system operations, and power procurement services. The company serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. Exelon Corporation was founded in 1887 and is headquartered in Chicago, Illinois.

 

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