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Worth Watching Stocks: The Bank of New York Mellon Corporation (BK), Analog Devices, Inc. (ADI), Marriott International, Inc. (MAR)

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The Bank of New York Mellon Corporation (BK) saw its value decrease by -0.76% as the stock dropped $-0.36 to finish the day at a closing price of $47.07. The stock was lighter in trading and has fluctuated between $33.82-$49.54 per share for the past year. The shares, which traded within a range of $46.91 to $47.47 during the day, are down by -1.38% in the past three months and up by 18.07% over the past six months. It is currently trading 4.14% above its 20 day moving average and 0.9% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $51.63 a share over the next twelve months. The current relative strength index (RSI) reading is 60.98.The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Management and Investment Services. The company offers investment management; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash management; banking services; and clearing services. It also provides mutual funds, separate accounts, wealth management and private banking services; and broker-dealer services, registered investment advisory services, prime brokerage services, and working capital solutions. In addition, the company is involved in credit-related activities, business exits, leasing operations, and corporate treasury activities; and the provision of global markets and institutional banking services. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

Analog Devices, Inc. (ADI) shares were up in last trading by 0.45% to $81.97. It experienced higher than average volume on day. The stock increased in value by almost 7.14% over the past week and grew 12.27% in the past month. It is currently trading 10.86% above its 50 day moving average and 27.57% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.42% increase in value from its one year high of $82.57. The RSI indicator value of 76.6, lead us to believe that it may reverse gains in the near term.

Analog Devices, Inc. designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits (ICs), algorithms, software, and subsystems. It offers data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; high-performance amplifiers to condition analog signals; and radio frequency ICs to support cellular infrastructure. The company also provides MEMS technology solutions, including accelerometers used to sense acceleration, gyroscopes to sense rotation, and inertial measurement units to sense multiple degrees of freedom. In addition, it offers isolators for various applications, such as universal serial bus isolation in patient monitors; and smart metering and satellite applications. Further, the company provides power management and reference products; and digital signal processing products for high-speed numeric calculations. Its products are used in electronic equipment, including industrial process control systems, medical imaging equipment, factory automation systems, patient monitoring devices, instrumentation and measurement systems, wireless infrastructure equipment, energy management systems, networking equipment, aerospace and defense electronics, optical systems, automobiles, and portable electronic devices. The company serves clients in industrial, automotive, consumer, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, rest of North/South America, Europe, Japan, China, and rest of Asia, as well as through its Website. It has a collaboration with TriLumina Corp. to provide illuminator modules for automotive flash LiDAR systems. Analog Devices, Inc. was founded in 1965 and is headquartered in Norwood, Massachusetts.

Marriott International, Inc. (MAR) traded within a range of $88.5 to $91.07 after opening the day at $89.1. The company has seen its stock increase in value by 8.18% so far this year. The stock was down close to -0.02% on active volume in last trading session and closed at $89.44 per share. After the recent fall, the stock is currently holding -0.02% below its 52 week high of $91.07 and 48.15% above its 12-month low of $60.87. The shares are up by over 15.54% in the last three months, and the RSI indicator value of 74.24 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and International. It also operates, markets, and develops residential properties, as well as provides services to home/condominium owner associations. The company operates its properties primarily under the brand names of The Ritz-Carlton, Bulgari Hotels & Resorts, EDITION, JW Marriott, Autograph Collection Hotels, Renaissance Hotels, Marriott Hotels, Delta Hotels and Resorts, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, AC Hotels by Marriott, Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn & Suites by Marriott, TownePlace Suites by Marriott, Protea Hotels, and Moxy Hotels. As of January 05, 2017, it operated, franchised, and licensed approximately 6,000 properties in 120 countries. Marriott International, Inc. was founded in 1971 and is headquartered in Bethesda, Maryland.

 

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