Cameron Chan

3 Stocks in Focus: General Electric Company (GE), Micron Technology, Inc. (MU), Ford Motor Company (F)

General Electric Company (GE) fell -0.06% during last trading as the stock lost $-0.02 to finish the day at $31.21 with about 37.62M shares changing hands, compared to its three month average trading volume of 31.92M. The $276.36B market cap company, which fluctuated between $31.05 and $31.34 during the day, currently situated 17.88% above its 52 week low of $27.1 and -4.69% away from its one year high of $33. The RSI of 42.84 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

General Electric Company operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

Micron Technology, Inc. (MU) dropped $-0.61 to close the day at a new closing price of $21.71, a -2.73% decrease in value from its previous closing price that moved the stock 133.19% above its 52 week low of $9.35. A total of 31.25M shares exchanged hands during the day compared with its three month average trading volume of 25.42M. The stock, currently situated -8.16% below its 52 week high. The stock is up by 7.1% in the past one month and up by 24.7% over the past three months. With a one year target estimate of $26.58 and RSI of 50.62, the stock still has upside potential, making it a hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Ford Motor Company (F) had a light trading with around 30.12M shares changing hands compared to its three month average trading volume of 36.69M. The stock traded between $12.34 and $12.56 before closing at the price of $12.43 with 0.16% change on the day. The Dearborn Michigan 48126 based company is currently trading 18.61% above its 52 week low of $11.02 and -9.09% below its 52 week high of $14.22. Both the RSI indicator and target price of 52.75 and $12.83 respectively, lead us to believe that it should be put on hold over the coming weeks.

Ford Motor Company, together with its subsidiaries, designs, manufactures, markets, finances, and services automobiles. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services passenger cars, trucks, SUVs, light commercial vehicles, trucks, vans, and electrified vehicles, as well as offers parts and accessories. It offers vehicles primarily under the Ford and Lincoln brand names. This sector markets and sells its products through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments. The Financial Services sector offers various automotive financing products to and through automotive dealers. It provides financing products, including retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, government entities, daily rental car companies, leasing companies, and fleet customers. This sector also offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and improvement of dealership facilities, purchase dealership real estate, and other dealer vehicle programs. It serves clients in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. Ford Motor Company was founded in 1903 and is based in Dearborn, Michigan.

 

Worth Watching Stocks: Intel Corporation (INTC), Rite Aid Corporation (RAD), Cliffs Natural Resources Inc. (CLF)

Intel Corporation (INTC) saw its value decrease by -0.52% as the stock dropped $-0.19 to finish the day at a closing price of $36.57. The stock was lighter in trading and has fluctuated between $27.68-$38.36 per share for the past year. The shares are down by -2.39% in the past three months and up by 4.02% over the past six months. It is currently trading -0.44% below its 20 day moving average and 2.22% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $40.03 a share over the next twelve months. The current relative strength index (RSI) reading is 52.21.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services, and All Other segments. The company’s platforms are used in various computing applications comprising notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, retail devices, and manufacturing devices, as well as for retail, transportation, industrial, buildings, home use, and other market segments. It offers microprocessors that processes system data and controls other devices in the system; chipsets, which send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives; and system-on-chip products that integrate its central processing units with other system components onto a single chip. The company also provides communication and connectivity offerings, such as baseband processors, radio frequency transceivers, and power management integrated circuits; and tablet, phone, and Internet of Things solutions, which include multimode 4G LTE modems, Bluetooth technology and GPS receivers, software solutions, and interoperability tests, as well as home gateway and set-top box components. In addition, it offers security solutions for computers, mobile devices, and networks, as well as software and services for technology integration; NAND flash memory products, which are used in solid-state drives; and custom foundry services, including custom silicon, packaging, and manufacturing test services. The company sells its products primarily to original equipment manufacturers, original design manufacturers, and industrial and communications equipment manufacturers in the computing and communications industries. Intel Corporation was founded in 1968 and is based in Santa Clara, California.

Rite Aid Corporation (RAD) shares were down in last trading by -0.58% to $8.6. It experienced lighter than average volume on day. The stock decreased in value by almost 0% over the past week and grew 4.5% in the past month. It is currently trading 7.47% above its 50 day moving average and 12.06% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.94% decrease in value from its one year high of $8.77. The RSI indicator value of 60.97, lead us to believe that it is a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Cliffs Natural Resources Inc. (CLF) traded within a range of $8.83 to $9.37 after opening the day at $9.25. The company has seen its stock increase in value by 7.13% so far this year. The stock was down close to -4.45% on light volume in last trading session and closed at $9.01 per share. After the recent fall, the stock is currently holding -17.34% below its 52 week high of $10.9 and 632.52% above its 12-month low of $1.42. The shares are up by over 55.88% in the last three months, and the RSI indicator value of 51.43 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. Cliffs Natural Resources Inc. sells its iron products to integrated steel companies and steel producers in the United States, China, Canada, and internationally. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

 

Trader’s Buzzers: Oracle Corporation (ORCL), Facebook, Inc. (FB), Merck & Co., Inc. (MRK)

Oracle Corporation (ORCL) traded within a range of $39.1 to $39.38 after opening the day at $39.12. The company has seen its stock increase in value by 2.38% so far this year. The stock was up close to 0.05% on light volume in last trading session and closed at $39.21 per share. After the recent gain, the stock is currently holding -5.71% below its 52 week high of $42 and 20.16% above its 12-month low of $33.59. The shares are up by over 2.46% in the last three months, and the RSI indicator value of 50.91 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. It offers services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. The company licenses its Oracle Database software, which enables storage, retrieval, and manipulation of various forms of data; and Oracle Fusion Middleware software to build, deploy, secure, access, and integrate business applications, as well as automate their business processes. It also provides a range of software for mobile computing to address the development needs of businesses; and Java, a software development language. In addition, the company offers application software, such as human capital and talent management, customer experience and customer relationship management, financial management and governance, risk and compliance, procurement, project portfolio management, supply chain management, business analytics and enterprise performance management, and industry-specific application software. Further, it offers hardware systems products, such as Oracle Engineered Systems, servers, storage, networking, industry specific hardware, virtualization software, operating systems, management software, and related hardware services. Additionally, the company offers customers with rights to software product upgrades and maintenance releases, patches released, and Internet access to technical content, as well as Internet and telephone access to technical support personnel. The company also provides consulting services, such as IT strategy alignment, enterprise architecture planning and design, initial product implementation and integration, and ongoing product enhancement and upgrade; customer support services; and education services. Oracle Corporation was founded in 1977 and is headquartered in Redwood City, California.

Facebook, Inc. (FB) failed to extend gains with the stock declining -0.29% or $-0.37 to close the day at $127.55 on light trading volume of 12.16M shares, compared to its three month average trading volume of 22.84M. The Menlo Park California 94025 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 35.19%, compared to the industry which has advanced 19.11% over the same period. With RSI of 69.31, the stock should still continue to rise and get closer to its one year target estimate of $153.57, making it a hold for now.

Facebook, Inc. operates as a mobile application and Website that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide. Its solutions also include Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application for mobile and Web on various platforms and devices, which enable people to reach others instantly, as well as enable businesses to engage with customers; and WhatsApp Messenger, a mobile messaging application. The company also develops Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2015, it had 1.04 billion daily active users (DAUs) and 934 million DAUs who accessed Facebook from a mobile device. The company has a partnership with the Federation of Indian Chambers of Commerce and Industry to augment the Millennium Alliance initiative, as well as support and expand the development of the social enterprise sector in India. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

Merck & Co., Inc. (MRK) dropped $-0.84 to close the day at a new closing price of $60.33, a -1.37% decrease in value from its previous closing price that moved the stock 29.83% above its 52 week low of $47.97. A total of 11.28M shares exchanged hands during the day compared with its three month average trading volume of 11.11M. The stock, which fluctuated between $60.07 and $61.08 during the day, currently situated -7.13% below its 52 week high. The stock is down by -3.38% in the past one month and down by -2.09% over the past three months. With a one year target estimate of $0 and RSI of 46.04, the stock still has upside potential, making it a hold for now.

Merck & Co., Inc. provides healthcare solutions worldwide. The company offers therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases. It also offers neuromuscular blocking agents; anti-bacterial products; cholesterol modifying medicines; non-sedating antihistamine; and vaginal contraceptive products. In addition, the company offers products to prevent chemotherapy-induced and post-operative nausea and vomiting; treat brain tumors; treat melanoma and metastatic non-small-cell lung cancer; prevent diseases caused by human papillomavirus; and vaccines for measles, mumps, rubella, varicella, chickenpox, shingles, rotavirus gastroenteritis, and pneumococcal diseases. Further, it offers antibiotic and anti-inflammatory drugs to treat infectious and respiratory diseases, fertility disorders, and pneumonia in cattle, horses, and swine; vaccines for poultry; parasiticide for sea lice in salmon; and antibiotics and vaccines for fishes. Additionally, the company offers companion animal products, such as ointments for otitis; diabetes mellitus treatment for dogs and cats; anthelmintic products; chewable tablets to treat fleas and ticks in dogs; and products for protection against bites from fleas, ticks, mosquitoes, and sandflies. It serves drug wholesalers and retailers, hospitals, government agencies and entities, physicians, physician distributors, veterinarians, distributors, animal producers, and managed health care providers. The company has collaboration agreements with Adaptimmune Therapeutics plc and Agenus; and a research agreement with Proteros Biostructures to develop molecule compounds for various cancer treatments. The company was founded in 1891 and is headquartered in Kenilworth, New Jersey.

 

Stocks in Focus: Tesla Motors, Inc. (TSLA), Boston Scientific Corporation (BSX), Symantec Corporation (SYMC)

Tesla Motors, Inc. (TSLA) had a active trading with around 7.71M shares changing hands compared to its three month average trading volume of 4.67M. The stock traded at the price of $243.76 with 2.27% change on the day. The Palo Alto California 94304 based company is currently trading 72.82% above its 52 week low of $141.05 and -9.5% below its 52 week high of $269.34. Both the RSI indicator and target price of 79.5 and $238.75 respectively, lead us to believe that it could drop over the coming weeks.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers. It sells its products through a network of Tesla stores and galleries, as well as through Internet. In addition, the company designs, manufactures, installs, monitors, maintains, leases, and sells solar energy systems to government, residential, and commercial customers; and sells electricity generated by solar energy systems to customers. Tesla Motors, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

Boston Scientific Corporation (BSX) failed to extend gains with the stock declining -0.17% or $-0.04 to close the day at $23.88 on light trading volume of 7.68M shares, compared to its three month average trading volume of 8.89M. The Marlborough Massachusetts 01752 based company has been outperforming the medical appliances & equipment group over the past 52 weeks, with the stock gaining 36.15%, compared to the industry which has advanced 14.14% over the same period. With RSI of 75.77, the stock should still continue to rise and get closer to its one year target estimate of $27.55, making it a hold for now.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems. It also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters used to treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; implantable cardiac resynchronization therapy pacemaker systems used to treat heart failure; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising steerable radio frequency ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. Further, it provides products to diagnose and treat diseases of the pulmonary and gastrointestinal conditions; devices to diagnose, treat, and ease pulmonary disease systems within the airway and lungs; products to treat urinary stone disease and benign prostatic hyperplasia; mid-urethral sling products, sling and graft materials, pelvic floor reconstruction kits, and suturing devices; and spinal cord stimulator systems. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

Symantec Corporation (SYMC) shares were up in last trading by 0.57% to $26.56. It experienced lighter than average volume on day. The stock increased in value by almost 4.28% over the past week and grew 10.3% in the past month. It is currently trading 8.15% above its 50 day moving average and 21.39% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.49% decrease in value from its one year high of $26.69. The RSI indicator value of 76.77, lead us to believe that it may reverse gains in the near term.

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.

 

Trader’s Round Up: Wal-Mart Stores, Inc. (WMT), Cabot Oil & Gas Corporation (COG), Medtronic plc (MDT)

Wal-Mart Stores, Inc. (WMT) retreated with the stock falling -0.72% or $-0.49 to close at $67.62 on light trading volume of 6.78M compared its three months average trading volume of 8.58M. The Bentonville Arkansas 72716 based company operating under the Discount, Variety Stores industry has been trending up for the last 52 weeks, with the shares price now 14.37% up for the period and down by -2.17% so far this year. With price target of $74.36 and a 15.59% rebound from 52-week low, Wal-Mart Stores, Inc. has plenty of upside potential, making it a hold with a view buy.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. The company operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and samsclub.com. It offers grocery products, including meat, produce, natural and organics, deli and bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, floral and dry grocery, as well as consumables, such as health and beauty aids, baby products, household chemicals, paper goods, and pet supplies; and health and wellness products, which include pharmacy, optical services, clinical services, over-the-counter drugs, and other medical products. The company also provides electronics, toys, cameras and supplies, photo processing services, cellular phones, cellular service plan contracts and prepaid service, movies, music, video games, and books; stationery, automotive, hardware and paint, and sporting goods, as well as fabrics, crafts, and seasonal merchandise; apparel for women, girls, men, boys, and infants, as well as shoes, jewelry, and accessories; and home furnishings, housewares and small appliances, bedding, home decor, outdoor living, and horticulture products. The company also provides fuel and financial services and related products, including money orders, prepaid cards, wire transfers, money transfers, check cashing, and bill payment. In addition, it offers brand name merchandise, including hardgoods, softgoods, and selected private-label items, such as Member’s Mark. As of June 20, 2016, it operated 11,527 stores under 63 banners in 28 countries and e-commerce Websites in 11 countries. Wal-Mart Stores, Inc. was founded in 1945 and is headquartered in Bentonville, Arkansas.

Cabot Oil & Gas Corporation (COG) gained $0.81 to close the day at a new closing price of $22.48, a 3.74% increase in value from its previous closing price that moved the stock 42.62% above its 52 week low of $16.87. A total of 6.77M shares exchanged hands during the day compared with its three month average trading volume of 6.84M. The stock, which fluctuated between $21.68 and $22.55 during the day, currently situated -15.85% below its 52 week high. The stock is up by 3.17% in the past one month and up by 1.77% over the past three months. With a one year target estimate of $28.07 and RSI of 52.05, the stock still has upside potential, making it a hold for now.

Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale in northeast Pennsylvania with approximately 200,000 net acres in the dry gas window of the play; and the Eagle Ford Shale in south Texas with approximately 85,500 net acres in the oil window of the play. It also transports, stores, gathers, and purchases natural gas for resale. The company sells its natural gas to industrial customers, local distribution companies, and gas marketers through gathering systems and pipelines, as well as to intrastate pipelines, natural gas processors, and marketing companies. As of December 31, 2015, it had proved reserves of approximately 8,190 billion cubic feet of natural gas equivalent. The company was founded in 1989 and is headquartered in Houston, Texas.

Medtronic plc (MDT) shares were down in last trading by -0.49% to $75.3. It experienced lighter than average volume on day. The stock increased in value by almost 1.16% over the past week and grew 3.12% in the past month. It is currently trading 0.61% above its 50 day moving average and -7.3% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -15.15% decrease in value from its one year high of $89.27. The RSI indicator value of 55.14, lead us to believe that it is a hold for now.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators and cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, peripheral vascular intervention products, and products to treat superficial and deep venous diseases. Its Minimally Invasive Therapies Group segment provides gastrointestinal diagnostics, ablation, and interventional lung solutions; stapling, vessel sealing, and other surgical instruments; sutures; electrosurgery products; hernia mechanical devices; mesh implants; products for patient monitoring and recovery; sensors; monitors; compression and dialysis, enteral feeding, and wound care products; and operating room supplies, electrodes, needles, syringes, and sharps disposals. The company’s Restorative Therapies Group segment offers products for various areas of the spine; bone graft substitutes; biologic products; trauma, implantable neurostimulation therapies, and drug delivery systems for the treatment of chronic pain, movement disorders, obsessive-compulsive disorder, overactive bladder, urinary retention, fecal incontinence, and gastroparesis; products to treat conditions of the ear, nose, throat, and neurological disorders; systems that incorporate advanced energy surgical instruments; products for haemostatic sealing of soft tissue and bone; and image-guided surgery and intra-operative imaging systems. Its Diabetes Group segment provides insulin pumps and consumables; continuous glucose monitoring systems; and Web-based therapy management software solutions. It serves hospitals, physicians, clinicians, and patients. Medtronic plc was founded in 1949 and is headquartered in Dublin, Ireland.

 

Trader Alert: TCF Financial Corporation (TCB), Exelon Corporation (EXC), CF Industries Holdings, Inc. (CF)

TCF Financial Corporation (TCB) retreated with the stock falling -2.95% or $-0.56 to close at $18.45 on active trading volume of 5.03M compared its three months average trading volume of 1.52M. The Wayzata Minnesota 55391 based company operating under the Money Center Banks industry has been trending up for the last 52 weeks, with the shares price now 55.64% up for the period and down by -5.82% so far this year. With price target of $19.43 and a 80.81% rebound from 52-week low, TCF Financial Corporation has plenty of upside potential, making it a hold with a view buy.

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Lending, Funding, and Support Services segments. The Lending segment offers consumer loans for personal, family, and household purposes, such as home purchases, debt consolidation, and financing of home improvements. This segment also provides loans secured by personal property, as well as unsecured personal loans; commercial real estate and business lending products, including multi-family housing, warehouse and industrial buildings, office buildings, health care facilities, retail services, and commercial real estate construction loans; lease and equipment finance services for specialty vehicles, construction, golf cart and turf, medical, manufacturing, and technology and data processing markets; and inventory and auto finance services. The Funding segment provides deposit products, including free checking accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plan accounts. This segment also offers treasury services, such as investment and borrowing portfolios, as well as management of capital, debt, and market risks, including interest rate and liquidity risks. As of December 31, 2015, the company had 155 branches in Illinois, 99 in Minnesota, 53 in Michigan, 34 in Colorado, 24 in Wisconsin, 7 in Arizona, 2 in South Dakota, and a branch in Indiana. TCF Financial Corporation was founded in 1923 and is headquartered in Wayzata, Minnesota.

Exelon Corporation (EXC) gained $0.03 to close the day at a new closing price of $35.74, a 0.08% increase in value from its previous closing price that moved the stock 41.34% above its 52 week low of $26.58. A total of 5.02M shares exchanged hands during the day compared with its three month average trading volume of 6.31M. The stock, which fluctuated between $35.42 and $36.05 during the day, currently situated -3.38% below its 52 week high. The stock is up by 0.06% in the past one month and up by 9.09% over the past three months. With a one year target estimate of $38.19 and RSI of 60.1, the stock still has upside potential, making it a hold for now.

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, and hydroelectric generation facilities, as well as wind and solar facilities. The company also sells renewable energy and other energy-related products and services; and engages in natural gas and oil exploration and production activities, as well as 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, and central Maryland. Further, the company engages in the purchase and regulated retail sale of natural gas, and the provision of gas distribution services to retail customers in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland, including the City of Baltimore. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. The company was founded in 1887 and is headquartered in Chicago, Illinois.

CF Industries Holdings, Inc. (CF) shares were down in last trading by -0.22% to $32.25. It experienced lighter than average volume on day. The stock decreased in value by almost -5.67% over the past week and grew 9.4% in the past month. It is currently trading 9.03% above its 50 day moving average and 20.12% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -11.43% decrease in value from its one year high of $37.72. The RSI indicator value of 54.14, lead us to believe that it is a hold for now.

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.

 

Stocks in the Spotlight: The Goldman Sachs Group, Inc. (GS), Corning Incorporated (GLW), HCP, Inc. (HCP)

The Goldman Sachs Group, Inc. (GS) had a active trading with around 4.55M shares changing hands compared to its three month average trading volume of 4.1M. The stock traded between $230.62 and $234.75 before closing at the price of $231.41 with -1.23% change on the day. The New York New York 10282 based company is currently trading 69.01% above its 52 week low of $138.2 and -6.6% below its 52 week high of $247.77. Both the RSI indicator and target price of 42.29 and $240.04 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, such as strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, including public offerings and private placements of various securities and other financial instruments, as well as derivative transactions entered into with public and private sector clients. The Institutional Client Services segment is involved in client execution activities related to making markets in interest rate products, credit products, mortgages, currencies, commodities, and equities; and provides securities services, such as financing, securities lending, and other prime brokerage services, as well as markets in and clears client transactions on primary stock, options, and futures exchanges. The Investing & Lending segment invests in and originates longer-term loans to provide financing to clients; and makes investments in debt securities and loans, public and private equity securities, and real estate entities. The Investment Management segment offers investment management products and services; and wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

Corning Incorporated (GLW) failed to extend gains with the stock declining -0.57% or $-0.14 to close the day at $24.42 on light trading volume of 4.54M shares, compared to its three month average trading volume of 7.67M. The Corning New York 14831 based company has been outperforming the diversified electronics group over the past 52 weeks, with the stock gaining 50.13%, compared to the industry which has advanced 37.65% over the same period. With RSI of 50.04, the stock should still continue to rise and get closer to its one year target estimate of $23.74, making it a hold for now.

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) used in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers subscriber demarcation, connection and protection devices, passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary, and gasoline and diesel applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment manufactures and supplies scientific laboratory products consisting of consumables, such as plastic vessels, specialty surfaces, and media, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry. It also engages in a pharmaceutical glass vessel and a tubing business; and precision materials’ non-LCD business, as well as precision laser cutting/shaping technologies, and flow reactors and adjacency businesses for glass. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

HCP, Inc. (HCP) shares were down in last trading by -1.93% to $29.96. It experienced higher than average volume on day. The stock decreased in value by almost -1.45% over the past week and grew 2.81% in the past month. It is currently trading 1.23% above its 50 day moving average and -5.06% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -17.63% decrease in value from its one year high of $36.82. The RSI indicator value of 49.94, lead us to believe that it is a hold for now.

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.

 

Stocks Roundup: Mylan N.V. (MYL), The Blackstone Group L.P. (BX), Calpine Corporation (CPN)

Mylan N.V. (MYL) retreated with the stock falling -0.65% or $-0.24 to close at $36.95 on light trading volume of 4.06M compared its three months average trading volume of 5.81M. The Hatfield Hertfordshire EN6 1AG based company operating under the Drugs – Generic industry has been trending down for the last 52 weeks, with the shares price now -28.11% down for the period and down by -3.15% so far this year. With price target of $50.11 and a 9.97% rebound from 52-week low, Mylan N.V. has plenty of upside potential, making it a hold with a view buy.

Mylan N.V., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, transdermal patch, gel, cream, or ointment forms, as well as active pharmaceutical ingredients (APIs). It is also involved in the development of APIs with non-infringing processes for internal use and to partner with manufacturers; and manufacture and sale of injectable products in antineoplastics, anti-infectives, anesthesia/pain management, and cardiovascular therapeutic areas. In addition, the company produces finished dosage form and oral solid dose products; and offers antiretroviral therapies to third parties. Further, it manufactures and sells branded specialty injectable and nebulized products comprising EpiPen Auto-Injector to treat severe allergic reactions; Perforomist Inhalation Solution, a formoterol fumarate inhalation solution for the maintenance treatment of bronchoconstriction in chronic obstructive pulmonary disorder patients; and ULTIVA, an analgesic agent used during the induction and maintenance of general anesthesia for inpatient and outpatient procedures. It sells generic pharmaceutical products to proprietary and ethical pharmaceutical wholesalers and distributors, group purchasing organizations, drug store chains, independent pharmacies, drug manufacturers, institutions, and public and governmental agencies; and specialty pharmaceuticals to pharmaceutical wholesalers and distributors, pharmacies, and healthcare institutions. Mylan N.V. has a collaboration agreement with Momenta Pharmaceuticals, Inc. to develop, manufacture, and commercialize Momenta Pharmaceuticals, Inc.’s biosimilar candidates. The company was formerly known as New Moon B.V. Mylan N.V. was founded in 1961 and is based in Hertfordshire, the United Kingdom.

The Blackstone Group L.P. (BX) had a light trading with around 4.01M shares changing hands compared to its three month average trading volume of 5.04M. The stock traded between $28.98 and $29.63 before closing at the price of $29.31 with -0.91% change on the day. The New York New York 10154 based company is currently trading 39.95% above its 52 week low of $22.45 and -5.94% below its 52 week high of $31.16. Both the RSI indicator and target price of  and $33.85 respectively, lead us to believe that it could rise over the coming weeks.

The Blackstone Group L.P. is a publicly owned hedge fund sponsor. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations, retirees, sovereign wealth funds, and institutional and individual investors. The firm manages separate client focused portfolios for its clients. It launches fixed income mutual funds. The firm also launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York, New York with additional offices in London, United Kingdom, Hong Kong, Beijing, China, Dubai, UAE, Dusseldorf, Germany, Los Angeles, Santa Monica, Mexico City, Mexico, Paris, France, Sao Paulo, Brazil, Seoul, Korea, Shanghai, China, Singapore, Sydney, Australia, Copenhagen, Denmark, and Tokyo, Japan.

Calpine Corporation (CPN) saw its value decrease by -0.08% as the stock dropped $-0.01 to finish the day at a closing price of $12.19. The stock was lighter in trading and has fluctuated between $10.39-$16.49 per share for the past year. The shares, which traded within a range of $12.09 to $12.29 during the day, are down by -4.99% in the past three months and down by -15.52% over the past six months. It is currently trading 3.43% above its 20 day moving average and 5.48% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $15.43 a share over the next twelve months. The current relative strength index (RSI) reading is 57.63.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities and other governmental entities, and power marketers, as well as retail commercial, industrial, and residential customers. As of February 5, 2016, it owned and operated 84 power plants, including 1 under construction with an aggregate generation capacity of 27,282 megawatts and 760 megawatts under construction. Calpine Corporation was founded in 1984 and is based in Houston, Texas.

 

Stocks Under Consideration: Kate Spade & Company (KATE), Range Resources Corporation (RRC), Ocwen Financial Corporation (OCN)

Kate Spade & Company (KATE) retreated with the stock falling -2.46% or $-0.45 to close at $17.83 on light trading volume of 3.73M compared its three months average trading volume of 3.99M. The New York New York 10016 based company operating under the Textile – Apparel Clothing industry has been trending up for the last 52 weeks, with the shares price now 12.99% up for the period and down by -4.5% so far this year. With price target of $20 and a 27.18% rebound from 52-week low, Kate Spade & Company has plenty of upside potential, making it a hold with a view buy.

Kate Spade & Company, together with its subsidiaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group. It offers briefcases, handbags, small leather goods, fashion accessories, jewelry, fragrances, and apparel for men, women, and children; and licensed products, including footwear, swimwear, watches, children’s wear, optics, tabletop products, legwear, electronics cases, furniture, bedding, and stationery. The company markets and sells its products under the AXCESS, KATE SPADE SATURDAY, JACK SPADE, MARVELLA, KATE SPADE, MONET, kate spade new York, and TRIFARI brand names. It also designs, develops, and supplies jewelry for the LIZ CLAIBORNE and MONET brands; licenses LIZ CLAIBORNE NEW YORK and LIZWEAR brands. The company sells its products through wholly-owned specialty retail and outlet stores, specialty retail and upscale department stores, and concession stores and upscale wholesale accounts; and a network of distributors, as well as e-commerce Websites. As of January 2, 2016, it had 104 specialty retail stores and 64 outlet stores in the United States; and 22 specialty retail stores and 13 outlet stores internationally, as well as 54 concessions. The company was formerly known as Fifth & Pacific Companies, Inc. and changed its name to Kate Spade & Company in February 2014. Kate Spade & Company was founded in 1976 and is based in New York, New York.

Range Resources Corporation (RRC) had a light trading with around 3.72M shares changing hands compared to its three month average trading volume of 4.42M. The stock traded between $34.1 and $34.86 before closing at the price of $34.47 with 0.35% change on the day. The Fort Worth Texas 76102 based company is currently trading 79.83% above its 52 week low of $21.69 and -26.52% below its 52 week high of $46.96. Both the RSI indicator and target price of  and $47.37 respectively, lead us to believe that it could rise over the coming weeks.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. The company holds interests in developed and undeveloped natural gas and oil leases in the Appalachian region of the United States. It owns and operates 4,462 net producing wells and approximately 905,000 net acres under lease in the Appalachian region; and 444 net producing wells and approximately 308,000 net acres under lease in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of Northern Oklahoma and Kansas, the Permian Basin of West Texas, and Mississippi. The company markets and sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to natural gas processors or users of NGLs; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. As of December 31, 2015, it had proved reserves of 9.9 trillion cubic feet of natural gas equivalents. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.

Ocwen Financial Corporation (OCN) saw its value decrease by -2.6% as the stock dropped $-0.13 to finish the day at a closing price of $4.87. The stock was higher in trading and has fluctuated between $1.29-$6.41 per share for the past year. The shares, which traded within a range of $4.87 to $5.16 during the day, are up by 26.82% in the past three months and up by 175.14% over the past six months. It is currently trading -11.62% below its 20 day moving average and -7.3% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $4.5 a share over the next twelve months. The current relative strength index (RSI) reading is 37.61.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Ocwen Financial Corporation, a financial services holding company, engages in servicing and origination of mortgage loans in the United States. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services to owners of mortgage loans and foreclosed real estate. This segment’s residential servicing portfolio includes conventional, government insured, and non-agency loans. The company’s Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans primarily through its correspondent lending arrangements, broker relationships, and directly with mortgage customers. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.

 

3 Stocks in Focus: VeriFone Systems, Inc. (PAY), Community Health Systems, Inc. (CYH), Dean Foods Company (DF)

VeriFone Systems, Inc. (PAY) fell -0.38% during last trading as the stock lost $-0.07 to finish the day at $18.5 with about 3.27M shares changing hands, compared to its three month average trading volume of 2.19M. The $2.05B market cap company, which fluctuated between $18.15 and $18.79 during the day, currently situated 23.83% above its 52 week low of $14.94 and -37.77% away from its one year high of $29.73. The RSI of 55.21 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale (POS) worldwide. It offers countertop solutions that accept payment options, such as contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN-based transactions; and multimedia consumer facing POS devices. The company also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows-based smartphones and tablets. In addition, it offers integrated electronic payment systems that combine electronic payment processing, fuel dispensing, and ECR functions, as well as secure payment systems for integration with petroleum pump controllers; unattended and self-service payment solutions designed to enable payment transactions in self-service, high-transaction volume, and public transportation environments; and network access solutions. Further, the company provides other managed, terminal management, payment-enabled media, in-taxi payment, and security solutions; and server-based payment processing software and middleware. Additionally, it offers installation, deployment, training, and application development and delivery solutions; project management, client education program, and consulting services; helpdesk support, equipment repair and maintenance, and software post-contract support services; and application libraries and development tools. The company sells its products directly; and through third party distributors and partners. It serves financial services, retail, petroleum, restaurant, hospitality, taxi, transportation, and healthcare industries. The company was formerly known as VeriFone Holdings, Inc. and changed its name to VeriFone Systems, Inc. in May 2010. VeriFone Systems, Inc. is headquartered in San Jose, California.

Community Health Systems, Inc. (CYH) dropped $-0.38 to close the day at a new closing price of $6.44, a -5.57% decrease in value from its previous closing price that moved the stock 55.18% above its 52 week low of $4.15. A total of 3.26M shares exchanged hands during the day compared with its three month average trading volume of 5.64M. The stock, which fluctuated between $6.39 and $6.83 during the day, currently situated -69.88% below its 52 week high. The stock is up by 13.98% in the past one month and down by -38.84% over the past three months. With a one year target estimate of $6.78 and RSI of 56.04, the stock still has upside potential, making it a hold for now.

Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies. In addition, it offers management and consulting services to non-affiliated general acute care hospitals. As of February 15, 2016, the company owned, leased, or operated 195 affiliated hospitals in 29 states with approximately 30,000 licensed beds. Community Health Systems, Inc. was founded in 1985 and is headquartered in Franklin, Tennessee.

Dean Foods Company (DF) had a active trading with around 3.24M shares changing hands compared to its three month average trading volume of 1.7M. The stock traded between $19.58 and $20.38 before closing at the price of $19.93 with -6.48% change on the day. The Dallas Texas 75204 based company is currently trading 27.62% above its 52 week low of $15.69 and -10.67% below its 52 week high of $22.31. Both the RSI indicator and target price of 38.71 and $20.6 respectively, lead us to believe that it should be put on hold over the coming weeks.

Dean Foods Company, a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. The company manufactures, markets, and distributes various branded and private label dairy case products, such as fluid milk, ice cream, cultured dairy products, creamers, ice cream mix, and other dairy products; and juices, teas, bottled water, and other products. It offers its products under approximately 50 national, regional, and local proprietary or licensed brands, and private labels, including DairyPure, TruMoo, Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Garelick Farms, LAND O LAKES, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G. Lee, Tuscan, and others. The company sells its products to retailers, distributors, foodservice outlets, educational institutions, and governmental entities through its sales forces. Dean Foods Company was founded in 1925 and is headquartered in Dallas, Texas.