Adam Park

Stocks Trend Analysis: Bank of America Corporation (BAC), Advanced Micro Devices, Inc. (AMD), Cisco Systems, Inc. (CSCO)

Bank of America Corporation (BAC) managed to rebound with the stock declining 0% or $0 to close the day at $24.58 on active trading volume of 98M shares, compared to its three month average trading volume of 108.3M. The Charlotte North Carolina 28255 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 103.96%, compared to the industry which has advanced 25.48% over the same period. With RSI of 68.56, the stock should still continue to rise and get closer to its one year target estimate of $24.86, making it a hold for now.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through five segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets, and Legacy Assets & Servicing. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans. This segment provides its products and services through approximately 4,700 financial centers, 16,000 ATMs, call centers, and online and mobile platforms. The Global Wealth & Investment Management segment offers investment management, brokerage, banking, and retirement products, as well as wealth management and customized solutions. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, real estate lending, and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. The Legacy Assets & Servicing segment engages in mortgage servicing activities related to residential first mortgage and home equity loans; and managing legacy exposures related to mortgage origination, sales, and servicing. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

Advanced Micro Devices, Inc. (AMD) retreated with the stock falling -2.48% or $-0.33 to close at $12.97 on light trading volume of 52.37M compared its three months average trading volume of 57.54M. The Sunnyvale California 94088 based company operating under the Semiconductor – Broad Line industry has been trending up for the last 52 weeks, with the shares price now 579.06% up for the period and up by 14.37% so far this year. With price target of $11.03 and a 612.64% rebound from 52-week low, Advanced Micro Devices, Inc. has plenty of upside potential, making it a hold with a view buy.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

Cisco Systems, Inc. (CSCO) continued its upward trend with the stock climbing 2.38% or $0.78 to close the day at $33.6 on higher than average trading volume of 49.85M shares, compared to its three month average trading volume of 22.59M. The San Jose California 95134 based company has been outperforming the networking & communication devices companies by 6.8481% for last three months and its recent gains have pushed the stock slightly up 12.14% YTD, versus the networking & communication devices industry which is up 10.82% for the same period. The RSI of 84.62 indicates the stock is overbought at the current levels, sell for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Stocks in Focus: Walgreens Boots Alliance, Inc. (WBA), Huntington Bancshares Incorporated (HBAN), CBRE Group, Inc. (CBG)

Walgreens Boots Alliance, Inc. (WBA) had a active trading with around 6.37M shares changing hands compared to its three month average trading volume of 3.87M. The stock traded between $84 and $86.12 before closing at the price of $85.65 with 1.66% change on the day. The Deerfield Illinois 60015 based company is currently trading 14.85% above its 52 week low of $75.74 and -2.23% below its 52 week high of $88. Both the RSI indicator and target price of 69.81 and $94.55 respectively, lead us to believe that it should be put on hold over the coming weeks.

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics. It also provides specialty pharmacy services; and manages in-store clinics. As of August 31, 2016, this segment operated 8,175 retail stores under the Walgreens and Duane Reade brands in the United States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations. The Retail Pharmacy International segment sells prescription drugs; and health, beauty, toiletry, and other consumer products through its pharmacy-led health and beauty stores, as well as through boots.com. It is also involved in optical practice and related contract manufacturing operations. This segment operated 4,673 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 636 optical practices. The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home healthcare supplies and equipment, as well as provides related services to pharmacies and other healthcare providers. This segment operates in France, the United Kingdom, Germany, Turkey, Spain, the Netherlands, Egypt, Norway, Romania, the Czech Republic, and Lithuania. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

Huntington Bancshares Incorporated (HBAN) failed to extend gains with the stock declining -0.35% or $-0.05 to close the day at $14.17 on active trading volume of 6.35M shares, compared to its three month average trading volume of 13.07M. The Columbus Ohio 43287 based company has been outperforming the regional – midwest banks group over the past 52 weeks, with the stock gaining 71.01%, compared to the industry which has advanced 54.25% over the same period. With RSI of 64.95, the stock should still continue to rise and get closer to its one year target estimate of $14.85, making it a hold for now.

Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company’s Retail and Business Banking segment offers financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance. The company’s Automobile Finance and Commercial Real Estate segment offers financing for the purchase of vehicles; financing the acquisition of new and used vehicle inventory of franchised automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, and other banking services; wealth management services, and retirement plan and corporate trust services; and brokerage, annuities, advisory, and other investment products. The company’s Home Lending segment offers consumer loans and mortgages. Huntington Bancshares Incorporated also provides equipment leasing; and online, mobile, and telephone banking services. The company was founded in 1866 and is headquartered in Columbus, Ohio.

CBRE Group, Inc. (CBG) shares were down in last trading by -1.19% to $35.02. It experienced higher than average volume on day. The stock increased in value by almost 10.93% over the past week and grew 14.78% in the past month. It is currently trading 10.9% above its 50 day moving average and 19.94% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.77% decrease in value from its one year high of $35.65. The RSI indicator value of 72.86, lead us to believe that it may reverse gains in the near term.

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services segments. The company offers advisory services, such as strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing, disposition, and acquisition of property; integrated investment sales and debt/structured financing services under the CBRE Capital Markets brand; and valuation services, including market value appraisals, litigation support, discounted cash flow analyses, feasibility and fairness opinions, property condition reports, hotel advisory, and environmental consulting, as well as originates and services commercial mortgage loans. It also provides outsourcing services comprising facilities management, project management, advisory and transaction, and strategic consulting services to occupiers of real estate; and property management services consisting of construction management, marketing, building engineering, accounting, and financial services for owners/investors in office, industrial, and retail properties. In addition, the company offers investment management services to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors seeking to generate returns and diversification through investment in real estate. Further, the company develops and invests in commercial real estate, including industrial, office, and retail properties; healthcare facilities; and residential/mixed-use projects. CBRE Group, Inc. offers its commercial real estate services under the CBRE brand name; investment management services under the CBRE Global Investors brand name; and development services under the Trammell Crow brand name. The company was founded in 1906 and is headquartered in Los Angeles, California.

 

Stocks Trend Analysis: Texas Instruments Incorporated (TXN), Deere & Company (DE), Lowe’s Companies, Inc. (LOW)

Texas Instruments Incorporated (TXN) continued its upward trend with the stock climbing 0.77% or $0.58 to close the day at $76.25 on light trading volume of 4.88M shares, compared to its three month average trading volume of 5.43M. The Dallas Texas 75243 based company has been outperforming the semiconductor – broad line group over the past 52 weeks, with the stock gaining 47.39%, compared to the industry which has advanced 48.23% over the same period. With RSI of 56.44, the stock should still continue to rise and get closer to its one year target estimate of $81.46, making it a hold for now.

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power management products that include catalog and application-specific standard products to enhance the efficiency of powered devices using battery management solutions, portable power conversion devices, power supply controls, and point-of-load products. This segment also provides high performance analog products, such as high-speed data converters, amplifiers, sensors, high reliability products, interface products, and precision products; and silicon valley analog products, including power management, data converter, interface, and operational amplifier catalog analog products that are used in manufacturing various electronic systems. The Embedded Processing segment offers microcontroller products, which are systems with a processor core, memory, and peripherals to control a set of specific tasks for electronic equipment; processor products comprising digital signal and applications processors; and connectivity products consisting of electronic devices to connect and transfer data. The company also provides DLP products primarily used in projectors to create high-definition images; application-specific integrated circuits; calculators; and baseband products, as well as OMAP applications processors and connectivity products. It markets and sells its products through a direct sales force and distributors. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.

Deere & Company (DE) grew with the stock adding 0.05% or $0.05 to close at $109.17 on active trading volume of 4.76M compared its three months average trading volume of 3M. The Moline Illinois 61265 based company operating under the Farm & Construction Machinery industry has been trending up for the last 52 weeks, with the shares price now 39.76% up for the period and up by 5.95% so far this year. With price target of $102.63 and a 48.76% rebound from 52-week low, Deere & Company has plenty of upside potential, making it a hold with a view buy.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

Lowe’s Companies, Inc. (LOW) failed to extend gains with the stock declining -0.77% or $-0.59 to close the day at $76.32 on lower than average trading volume of 4.68M shares, compared to its three month average trading volume of 5.84M. The Mooresville North Carolina 28117 based company has been outperforming the home improvement stores companies by 10.9367% for last three months and its recent gains have pushed the stock slightly up 7.84% YTD, versus the home improvement stores industry which is up 6.12% for the same period. The RSI of 66.86 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Lowe’s Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, lawn and garden, seasonal living, paint, flooring, millwork, kitchens, outdoor power equipment, and home fashions. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers; and retail customers comprising individual homeowners and renters. As of January 29, 2016, it operated 1,857 home improvement and hardware stores in the United States, Canada, and Mexico. The company also sells its products through online sites comprising Lowes.com, Lowes.ca, and ATGstores.com, as well as through mobile applications. Lowe’s Companies, Inc. was founded in 1946 and is based in Mooresville, North Carolina.

 

3 Trending Stocks: Honeywell International Inc. (HON), The Home Depot, Inc. (HD), Twenty-First Century Fox, Inc. (FOXA)

Honeywell International Inc. (HON) failed to extend gains with the stock declining -0.1% or $-0.12 to close the day at $124.16 on active trading volume of 4.31M shares, compared to its three month average trading volume of 3.23M. The Morris Plains New Jersey 07950 based company has been outperforming the diversified machinery group over the past 52 weeks, with the stock gaining 19.2%, compared to the industry which has advanced 22.91% over the same period. With RSI of 80.66, the stock should still continue to rise and get closer to its one year target estimate of $131.3, making it a hold for now.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers. The Home and Building Technologies segment provides products, software, solutions, and technologies that help homes owners, commercial building owners, and occupants, as well as electricity, gas, and water providers. The Performance Materials and Technologies segment develops and manufactures advanced materials, process technologies, and automation solutions. The Safety and Productivity Solutions segment provides products, software, and connected solutions to customers that enhance productivity, workplace safety, and asset performance. The company was founded in 1920 and is based in Morris Plains, New Jersey.

The Home Depot, Inc. (HD) fell -0.46% during last trading as the stock lost $-0.65 to finish the day at $141.54 with about 4.3M shares changing hands, compared to its three month average trading volume of 4.37M. The $173.24B market cap company, which fluctuated between $140.9 and $142.99 during the day, currently situated 22.81% above its 52 week low of $118.75 and -0.79% away from its one year high of $142.99. The RSI of 67.39 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

Twenty-First Century Fox, Inc. (FOXA) saw its value decrease by -0.62% as the stock dropped $-0.19 to finish the day at a closing price of $30.51. The stock was lighter in trading and has fluctuated between $23.33-$31.75 per share for the past year. The shares, which traded within a range of $30.41 to $30.75 during the day, are up by 11.15% in the past three months and up by 20.66% over the past six months. It is currently trading -0.37% below its 20 day moving average and 3.76% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34.13 a share over the next twelve months. The current relative strength index (RSI) reading is 54.6. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, including 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, as well as produces and licenses television programming worldwide. Further, it offers video advertising services, including consumer engagement and on-demand marketing campaigns; and operates two San Francisco-Bay area television stations. The company was formerly known as News Corporation. Twenty-First Century Fox, Inc. was founded in 1922 and is headquartered in New York, New York.

 

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

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.

 

Stocks Highlights: Republic Services, Inc. (RSG), ONEOK, Inc. (OKE), Targa Resources Corp. (TRGP)

Republic Services, Inc. (RSG) had a active trading with around 1.92M shares changing hands compared to its three month average trading volume of 1.19M. The stock traded between $58.68 and $59.12 before closing at the price of $59.05 with -0.1% change on the day. The Phoenix Arizona 85054 based company is currently trading 36.68% above its 52 week low of $45.31 and -0.24% below its 52 week high of $59.19. Both the RSI indicator and target price of 72.74 and $57.33 respectively, lead us to believe that it could drop over the coming weeks.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. It operates in three segments: East, Central, and West. The company’s collection services include curbside collection of waste; supply of waste containers; and renting of compactors. It is also involved in the processing and sale of old corrugated cardboard, old newspapers, aluminum, glass, and other materials; and provision of landfill services. As of December 31, 2015, the company operated through 340 collection operations, 201 transfer stations, 193 active landfills, 67 recycling centers, and 12 salt water disposal wells, as well as 8 treatment, recovery, and disposal facilities in 41 states and Puerto Rico. It also operates 69 landfill gas and renewable energy projects. The company was founded in 1996 and is based in Phoenix, Arizona.

ONEOK, Inc. (OKE) continued its downward trend with the stock declining -0.84% or $-0.46 to close the day at $54.03 on light trading volume of 1.92M shares, compared to its three month average trading volume of 2.28M. The Tulsa Oklahoma 74103 based company has been outperforming the gas utilities group over the past 52 weeks, with the stock gaining 169.11%, compared to the industry which has advanced 11.68% over the same period. With RSI of 41.3, the stock should still continue to rise and get closer to its one year target estimate of $54.46, making it a hold for now.

ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates through the Natural Gas Gathering and Processing, the Natural Gas Liquids, and the Natural Gas Pipelines segments. The company gathers, treats, fractionates, stores, and transports natural gas liquids (NGL), as well as owns natural gas liquids gathering and distribution pipelines, natural gas liquids distribution and refined petroleum products pipelines, and terminal and storage facilities; and operates interstate and intrastate regulated natural gas transmission pipelines and natural gas storage facilities, as well as stores, markets, and distributes NGL products to petrochemical manufacturers, heating fuel users, ethanol producers, refineries, exporters, and propane distributors. It also owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space to others. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Targa Resources Corp. (TRGP) shares were down in last trading by -1.28% to $58.53. It experienced lighter than average volume on day. The stock decreased in value by almost -1.32% over the past week and fell -0.91% in the past month. It is currently trading 2.86% above its 50 day moving average and 26.64% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.34% decrease in value from its one year high of $61.83. The RSI indicator value of 51.27, lead us to believe that it is a hold for now.

Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. It is involved in gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, terminaling, and selling NGLs and NGL products; and gathering, storing, and terminaling crude oil and refined petroleum products. The company also purchases and resells component NGL products; sells propane and provides related logistics services to multi-state retailers, independent retailers, and other end-users; offers NGL balancing services; and provides transportation services to refineries and petrochemical companies in the Gulf Coast area. It operates approximately 23,630 miles of natural gas pipelines, including 28 owned and operated processing plants; and 39 storage wells with a net storage capacity of approximately 64 million barrels. As of December 31, 2015, the company leased and managed approximately 716 railcars; 80 owned and leased transport tractors; and 20 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas.

 

Trader’s Buzzers: Symantec Corporation (SYMC), ConocoPhillips (COP), Chevron Corporation (CVX)

Symantec Corporation (SYMC) traded within a range of $27.97 to $28.63 after opening the day at $28.29. The company has seen its stock increase in value by 19.48% so far this year. The stock was down close to -0.18% on active volume in last trading session and closed at $28.47 per share. After the recent fall, the stock is currently holding -2.74% below its 52 week high of $29.35 and 88.87% above its 12-month low of $16.14. The shares are up by over 18.23% in the last three months, and the RSI indicator value of 70.15 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Symantec Corporation, together with its subsidiaries, provides cybersecurity solutions worldwide. It operates through two segments, Consumer Security and Enterprise Security. The Consumer Security segment offers Norton-branded services that provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals, families, and small businesses. Its Norton Security products help customers protect against complex threats and address the need for identity protection, while also managing mobile and digital data, such as personal financial records, photos, music, and videos. The Enterprise Security segment provides threat protection products, information protection products, cyber security services, and Website security offerings. Its products protect customer data from threats, such as advanced protection threats, malicious spam and phishing attacks, malware, drive-by Website infections, hackers, and cyber criminals; prevent the loss of confidential data by insiders; and help customers achieve and maintain compliance with laws and regulations. This segment delivers its solutions through various methods, such as software, appliance, software-as-a-service, and managed services. The company serves individuals, households, and small businesses; small, medium, and large enterprises; and government and public sector customers. It markets and sells its products and related services through direct sales force, e-commerce platforms, distributors, direct marketers, Internet-based resellers, system builders, Internet service providers, wireless carriers, retailers, original equipment manufacturers, and retail and online stores. Symantec Corporation was founded in 1982 and is headquartered in Mountain View, California.

ConocoPhillips (COP) continued its downward trend with the stock declining -2.07% or $-1.02 to close the day at $48.34 on active trading volume of 9.68M shares, compared to its three month average trading volume of 6.85M. The Houston Texas 77079 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 46.75%, compared to the industry which has advanced 46% over the same period. With RSI of 41.31, the stock should still continue to rise and get closer to its one year target estimate of $57.77, making it a hold for now.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio includes resource-rich North American tight oil and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and an inventory of conventional and unconventional exploration prospects. The company was founded in 1917 and is headquartered in Houston, Texas.

Chevron Corporation (CVX) dropped $-1.89 to close the day at a new closing price of $110.68, a -1.68% decrease in value from its previous closing price that moved the stock 39.03% above its 52 week low of $82.9. A total of 9.47M shares exchanged hands during the day compared with its three month average trading volume of 6.41M. The stock, which fluctuated between $110.43 and $112.99 during the day, currently situated -6.1% below its 52 week high. The stock is down by -3.62% in the past one month and up by 3.58% over the past three months. With a one year target estimate of $126.25 and RSI of 38.61, the stock still has upside potential, making it a hold for now.

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. It is also involved in the cash management and debt financing activities; corporate administrative operations; insurance operations; real estate activities; and technology businesses. Further, the company holds interests in power plants, as well as operates geothermal plants; and engages in the transportation of refined products primarily in the coastal waters of the United States. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.

 

Stocks In Queue: 3M Company (MMM), Bunge Limited (BG), Lincoln National Corporation (LNC)

3M Company (MMM) climbed 0.94% during last trading as the stock added $1.71 to finish the day at $183.41 with about 2.16M shares changing hands, compared to its three month average trading volume of 1.88M. The $110.08B market cap company, which fluctuated between $181.62 and $183.46 during the day, currently situated 22.49% above its 52 week low of $153.64 and 0.87% away from its one year high of $183.46. The RSI of 76.64 indicates the stock is overbought at the current levels, sell for now.

3M Company operates as a diversified technology company worldwide. The company’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; advanced ceramics; sealants; specialty materials; separation and purification products; closure systems for personal hygiene products; acoustic systems products; automotive components; and abrasion-resistant films, and paint finishing and detailing products. Its Safety and Graphics Business segment provides personal protection products, traffic safety and security products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules for asphalt shingles, and fall protection products. The company’s Health Care segment offers medical and surgical supplies, skin health and infection prevention products, inhalation and transdermal drug delivery systems, dental and orthodontic products, health information systems, and food safety products. Its Electronics and Energy segment provides optical films; packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The company’s Consumer segment offers sponges, scouring pads, high-performance cloths, repositionable notes, indexing systems, home improvement and care products, protective materials, and consumer and office tapes and adhesives. The company serves automotive, electronics and energy, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets directly, as well as through wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.

Bunge Limited (BG) gained $0.23 to close the day at a new closing price of $75.37, a 0.31% increase in value from its previous closing price that moved the stock 58.57% above its 52 week low of $48.74. A total of 2.16M shares exchanged hands during the day compared with its three month average trading volume of 928.80K. The stock, which fluctuated between $75.36 and $76.53 during the day, currently situated 0.12% above its 52 week high. The stock is up by 9.89% in the past one month and up by 12.12% over the past three months. With a one year target estimate of $77.88 and RSI of 74.14, the stock still has upside potential, making it a sell for now.

Bunge Limited, together with its subsidiaries, operates as an agribusiness and food company worldwide. It operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. The Agribusiness segment engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products, such as oilseeds and grains, including soybeans, rapeseed, canola, sunflower seeds, wheat, and corn to animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing companies, and biodiesel industries. The Edible Oil Products segment provides packaged and bulk oils, shortenings, margarines, mayonnaise, sauces, pastes, condiments, and seasonings to baked goods companies, snack food producers, restaurant chains, food service distributors, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. The Milling Products segment produces and sells various wheat flours and bakery mixes; and corn milling products, including dry-milled corn meals, flours, flaking and brewer’s grits, soy-fortified corn meals, corn-soy blend products, and other products, as well as sells rice products. The Sugar and Bioenergy segment produces and sells sugar and ethanol; trades and merchandises sugar; and generates electricity from burning sugarcane bagasse. As of December 31, 2015, this segment had a total installed capacity of approximately 322 megawatts. The Fertilizer segment produces, blends, and distributes nitrogen, phosphate, and potassium fertilizers comprising phosphate-based liquid and solid nitrogen fertilizers; single super phosphate; and ammonia, urea, ammonium thiosulfate, monoammonium phosphate, diammonium phosphate, triple supersphosphate, UAN, ammonium sulfate, and potassium chloride products. Bunge Limited was founded in 1818 and is headquartered in White Plains, New York.

Lincoln National Corporation (LNC) had a active trading with around 2.16M shares changing hands compared to its three month average trading volume of 1.53M. The stock traded between $72.01 and $73.31 before closing at the price of $72.66 with -0.57% change on the day. The Radnor Pennsylvania 19087 based company is currently trading 126% above its 52 week low of $34.16 and -0.66% below its 52 week high of $73.31. Both the RSI indicator and target price of 67.46 and $73.17 respectively, lead us to believe that it should be put on hold over the coming weeks.

Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The company sells a range of wealth protection, accumulation, and retirement income products and solutions. Its products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, and employer-sponsored retirement plans and services, as well as group life, disability, and dental products. Lincoln National Corporation also provides various plan investment vehicles, including individual and group variable annuities, group fixed annuities, and mutual fund-based programs; single and survivorship versions of UL and VUL, including corporate-owned UL and VUL, and bank-owned UL and VUL insurance products; and group non-medical insurance products, principally term life, universal life, disability, dental, vision, accident, and critical illness insurance to the employer market place through various forms of contributory and non-contributory plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1904 and is headquartered in Radnor, Pennsylvania.

 

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

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.

 

3 Notable Runners: The Boeing Company (BA), Caterpillar Inc. (CAT), HCP, Inc. (HCP)

The Boeing Company (BA) continued its upward trend with the stock climbing 0.89% or $1.51 to close the day at $170.81 on lower than average trading volume of 3.07M shares, compared to its three month average trading volume of 3.32M. The Chicago Illinois 60606 based company has been outperforming the aerospace/defense products & services companies by 16.2432% for last three months and its recent gains have pushed the stock slightly up 10.66% YTD, versus the aerospace/defense products & services industry which is up 6.8% for the same period. The RSI of 72.81 indicates the stock is overbought at the current levels, sell for now.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. It operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements; and provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment researches, develops, produces, and modifies manned and unmanned military aircraft, and weapons systems for global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment researches, develops, produces, and modifies strategic defense and intelligence systems, satellite systems, and space exploration products. The Global Services & Support segment provides integrated logistics services comprising supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services that include pilot and maintenance training. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating and finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was founded in 1916 and is headquartered in Chicago, Illinois.

Caterpillar Inc. (CAT) had a light trading with around 3.06M shares changing hands compared to its three month average trading volume of 4.43M. The stock traded between $97.8 and $99.07 before closing at the price of $98.26 with -0.77% change on the day. The Peoria Illinois 61630 based company is currently trading 61.56% above its 52 week low of $63.07 and -1.21% below its 52 week high of $99.46. Both the RSI indicator and target price of 61.81 and $93.36 respectively, lead us to believe that it should be put on hold over the coming weeks.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company’s Construction Industries segment offers backhoe, small wheel, skid steer, multi-terrain, compact track, medium and compact wheel, and track-type loaders; mini, wheel, and track excavators; track-type tractors; and select work tools, motor graders, telehandlers, soil compactors, and pipelayers, as well as its related parts for the heavy and general construction, rental, mining and quarry, and aggregates markets. Its Resource Industries segment provides electric rope and hydraulic shovels; draglines; drills; highwall and longwall miners; hard rock vehicles; articulated, large mining, and off-highway trucks; large wheel loaders; wheel tractor scrapers; wheel dozers; machinery components; hard rock continuous mining systems; electronics and control systems; and select work tools for use in mining and quarry applications. The company’s Energy & Transportation segment offers reciprocating engines, generator sets, marine propulsion systems, gas turbines and turbine-related services, diesel-electric locomotives, and other rail-related products and services. Its Financial Products segment provides retail and wholesale financing for Caterpillar equipment, machinery, and engines; offers property, casualty, life, accident, and health insurance; insurance brokerage services; and purchases short-term trade receivables. The company’s All Other segments remanufactures Cat engines and components, and provides remanufacturing services for other companies; offers business strategy, and development, management, manufacturing, marketing, and support primarily for paving, forestry, industrial, waste, and Cat products. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Peoria, Illinois.

HCP, Inc. (HCP) traded within a range of $30.5 to $31.29 after opening the day at $30.5. The company has seen its stock increase in value by 5.51% so far this year. The stock was up close to 1.84% on light volume in last trading session and closed at $30.98 per share. After the recent gain, the stock is currently holding -13.78% below its 52 week high of $36.82 and 38.05% above its 12-month low of $25.22. The shares are up by over 6.62% in the last three months, and the RSI indicator value of 62.05 is neither bullish nor bearish, tempting investors to stay on the sidelines.

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry including sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing. The fund also invests in mezzanine loans and other debt instruments. It engages in acquisition, development, leasing, selling and managing of healthcare real estate and provides mortgage and other financing to healthcare providers. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Berkshire Hathaway Index, and MSCI REIT Index. HCP, Inc. was formed in 1985 and is based in Irvine, California with additional office in Nashville and San Francisco.