Cameron Chan

Stocks Intraday Alert: Oclaro, Inc. (OCLR), SUPERVALU Inc. (SVU), Invesco Ltd. (IVZ)

Oclaro, Inc. (OCLR) continued its downward trend with the stock declining -0.61% or $-0.05 to close the day at $8.13 on lower than average trading volume of 3.53M shares, compared to its three month average trading volume of 5.36M. The San Jose California 95131 based company has been outperforming the semiconductor equipment & materials companies by 3.5793% for last three months and its recent gains have offset losses to -9.16% YTD, versus the semiconductor equipment & materials industry which is up 5.8% for the same period. The RSI of 38.68 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

SUPERVALU Inc. (SVU) had a light trading with around 3.53M shares changing hands compared to its three month average trading volume of 3.84M. The stock traded between $4.22 and $4.38 before closing at the price of $4.38 with 0.92% change on the day. The Eden Prairie Minnesota 55344 based company is currently trading 11.17% above its 52 week low of $3.94 and -29.01% below its 52 week high of $6.17. Both the RSI indicator and target price of 38.51 and $5.69 respectively, lead us to believe that it should be put on hold over the coming weeks.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

Invesco Ltd. (IVZ) traded within a range of $30.24 to $30.57 after opening the day at $30.43. The company has seen its stock increase in value by 0.69% so far this year. The stock was down close to 0% on active volume in last trading session and closed at $30.55 per share. After the recent fall, the stock is currently holding -8.37% below its 52 week high of $33.34 and 35.22% above its 12-month low of $23.02. The shares are up by over 4.28% in the last three months, and the RSI indicator value of 42.23 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in December 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.

 

3 Stocks to Watch For: Callon Petroleum Company (CPE), Kate Spade & Company (KATE), Atwood Oceanics, Inc. (ATW)

Callon Petroleum Company (CPE) saw its value decrease by -1.04% as the stock dropped $-0.16 to finish the day at a closing price of $15.17. The stock was lighter in trading and has fluctuated between $4.99-$18.53 per share for the past year. The shares, which traded within a range of $14.99 to $15.41 during the day, are up by 1.81% in the past three months and up by 31.8% over the past six months. It is currently trading -3.05% below its 20 day moving average and -2.43% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $19.77 a share over the next twelve months. The current relative strength index (RSI) reading is 44.84.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Callon Petroleum Company, an independent oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2015, the company estimated net proved reserves totaled 54.3 million barrel of oil equivalent. Callon Petroleum Company was founded in 1950 and is headquartered in Natchez, Mississippi.

Kate Spade & Company (KATE) shares were up in last trading by 1.73% to $18.28. It experienced lighter than average volume on day. The stock increased in value by almost 0.38% over the past week and grew 22.68% in the past month. It is currently trading 12.08% above its 50 day moving average and -5.93% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -30.91% decrease in value from its one year high of $26.46. The RSI indicator value of 59.75, lead us to believe that it is a hold for now.

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.

Atwood Oceanics, Inc. (ATW) traded within a range of $13.31 to $13.95 after opening the day at $13.6. The company has seen its stock increase in value by 5.79% so far this year. The stock was up close to 0.43% on light volume in last trading session and closed at $13.89 per share. After the recent gain, the stock is currently holding -9.63% below its 52 week high of $15.37 and 188.17% above its 12-month low of $4.82. The shares are up by over 51.14% in the last three months, and the RSI indicator value of 64.8 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. As of November 11, 2016, it owned a fleet of 10 mobile offshore drilling units. The company operates its fleet in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia, and offshore Australia. Atwood Oceanics, Inc. was founded in 1968 and is headquartered in Houston, Texas.

 

Trader Alert: 3D Systems Corporation (DDD), Welltower Inc. (HCN), The Michaels Companies, Inc. (MIK)

3D Systems Corporation (DDD) grew with the stock adding 0.81% or $0.13 to close at $16.1 on light trading volume of 2.51M compared its three months average trading volume of 2.66M. The Rock Hill South Carolina 29730 based company operating under the Computer Peripherals industry has been trending up for the last 52 weeks, with the shares price now 142.84% up for the period and up by 21.14% so far this year. With price target of $15.55 and a 168.33% rebound from 52-week low, 3D Systems Corporation has plenty of upside potential, making it a hold with a view buy.

3D Systems Corporation, through its subsidiaries, provides 3D printing products and services worldwide. The company’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, metal, nylon, rubber, wax, and composite materials. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, colorjet printing, and plasticjet printing. The company also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, and Class IV bio-compatible materials. It offers its printers under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, and production machining and inspection. Further, it offers proprietary software and drivers that provide part preparation, part placement, support placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services. It primarily serves companies and small and midsize businesses in a range of industries, including automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy, and healthcare. The company sells its products and services through its direct sales force, resellers, and channel partners and distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.

Welltower Inc. (HCN) dropped $-0.22 to close the day at a new closing price of $67.08, a -0.33% decrease in value from its previous closing price that moved the stock 29.98% above its 52 week low of $52.8. A total of 2.51M shares exchanged hands during the day compared with its three month average trading volume of 2.32M. The stock, which fluctuated between $66.97 and $67.63 during the day, currently situated -15.54% below its 52 week high. The stock is up by 5.9% in the past one month and down by -3.25% over the past three months. With a one year target estimate of $69.89 and RSI of 55.55, the stock still has upside potential, making it a hold for now.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

The Michaels Companies, Inc. (MIK) shares were down in last trading by -0.09% to $21.6. It experienced higher than average volume on day. The stock increased in value by almost 3.65% over the past week and fell -2.53% in the past month. It is currently trading -4.11% below its 50 day moving average and -15.1% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -31.13% decrease in value from its one year high of $31.36. The RSI indicator value of 51.44, lead us to believe that it is a hold for now.

The Michaels Companies, Inc. owns and operates a chain of arts and crafts specialty retail stores under the Michaels and Aaron Brothers names in North America. Its Michaels stores offer approximately 35,000 stock-keeping units in crafts, home décor and seasonal, framing, and paper crafting. The company’s Aaron Brothers stores offer approximately 6,000 stock-keeping units, including photo frames, a line of ready-made frames, art prints, framed art, art supplies, and custom framing. It also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist’s Loft, Craft Smart, and Loops & Threads. In addition, the company manufactures custom and specialty framing merchandise; and distributes gifts and decor products. As of June 30, 2016, it operated 1,356 stores under the Michaels, Aaron Brothers, and Pat Catan’s brands in 49 states in the United States, as well as in and Canada. The company was founded in 2013 and is headquartered in Irving, Texas.

 

Stock’s Trend Analysis Report: Darling Ingredients Inc. (DAR), KKR & Co. L.P. (KKR), Aflac Incorporated (AFL)

Darling Ingredients Inc. (DAR) climbed 0.41% during last trading as the stock added $0.05 to finish the day at $12.33 with about 2.43M shares changing hands, compared to its three month average trading volume of 1.36M. The $2.06B market cap company, which fluctuated between $12.2 and $12.43 during the day, currently situated 58.48% above its 52 week low of $7.78 and -22.6% away from its one year high of $15.93. The RSI of 35.95 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients worldwide. It operates in three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. The company offers a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, technical, fuel, bioenergy, and fertilizer industries. It collects and transforms various animal by-product streams into useable and specialty ingredients, such as gelatin, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstocks, green energy, natural casings, and hides. The company also recovers and converts used cooking oil and commercial bakery residuals into valuable feed and fuel ingredients. In addition, it provides grease trap services to food establishments; environmental services to food processors; and sells restaurant cooking oil delivery and collection equipment. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas.

KKR & Co. L.P. (KKR) gained $0.15 to close the day at a new closing price of $17.14, a 0.88% increase in value from its previous closing price that moved the stock 65.06% above its 52 week low of $10.89. A total of 2.41M shares exchanged hands during the day compared with its three month average trading volume of 2.84M. The stock, which fluctuated between $16.86 and $17.16 during the day, currently situated -2.45% below its 52 week high. The stock is up by 2.94% in the past one month and up by 27.11% over the past three months. With a one year target estimate of $19.63 and RSI of 63.69, the stock still has upside potential, making it a hold for now.

KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things (iot), internet, information services, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy. In energy and infrastructure, it focuses on the Upstream Oil and Gas and Equipment and Services verticals. In real estate, the firm seeks to invest in private and public real estate securities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings, and oil and natural gas properties. The firm also invests in asset services sector that encompasses a broad array of B2B, B2C and B2G services verticals including asset-based, transport, logistics, leisure/hospitality, resource and utility support, infra-like, mission-critical, and environmental services. Within Americas, the firm prefers to invest in consumer products; chemicals, metals and mining; energy and natural resources; financial services; healthcare; industrials; media and communications; retail; and technology. Within Europe, the firm invests in consumer and retail; energy; financial services; health care; industrials and chemicals; media and digital; and telecom and technologies. Within Asia, it invests in consumer products; energy and resources; financial services; healthcare; industrials; logistics; media and telecom; retail; real estate; and technology. The firm seeks to invest in mid to high-end residential developments, but can invest in other projects throughout Mainland China through outright ownership, joint ventures, and merger. It invests globally with a focus on Australia, emerging and developed Asia, Middle East and Africa, Nordic, Southeast Asia, Asia Pacific, Ireland, Hong Kong, Japan, Taiwan, India, Vietnam, Indonesia, France, Germany, Netherlands, United Kingdom, Caribbean, Mexico, South America, North America, Brazil, Latin America, Korea, and United States of America. In the United States and Europe, the firm focuses on buyouts of large, publicly traded companies. It seeks to invest $30 million to $717 million in companies with enterprise values between $500 million to $2389 million. The firm prefers to invest in a range of debt and public equity investing and may co-invest. It seeks a board seat in its portfolio companies and a controlling ownership of a company or a strategic minority positions. The firm may acquire minority equity interests, particularly when making private equity investments in Asia or sponsoring investments as part of a large investor consortium. The firm typically holds its investment for a period of five to seven years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. KKR & Co. L.P. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, and Asia.

Aflac Incorporated (AFL) had a active trading with around 2.39M shares changing hands compared to its three month average trading volume of 2.11M. The stock traded between $69.38 and $70.24 before closing at the price of $69.97 with 0.13% change on the day. The Columbus Georgia 31999 based company is currently trading 31.43% above its 52 week low of $55.24 and -5.52% below its 52 week high of $74.5. Both the RSI indicator and target price of 48.82 and $72 respectively, lead us to believe that it should be put on hold over the coming weeks.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan. The Aflac U.S. segment provides products designed to protect individuals from depletion of assets, which comprise accident, cancer, critical illness/critical care, hospital intensive care, hospital indemnity, fixed-benefit dental, and vision care plans; and loss-of-income products, such as life and short-term disability plans in the United States (U.S.). The company sells its products through sales associates and brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.

 

Stocks Highlights: Pitney Bowes Inc. (PBI), Zions Bancorporation (ZION), Amyris, Inc. (AMRS)

Pitney Bowes Inc. (PBI) had a light trading with around 2.14M shares changing hands compared to its three month average trading volume of 2.52M. The stock traded between $16.06 and $16.36 before closing at the price of $16.21 with -0.06% change on the day. The Stamford Connecticut 06926 based company is currently trading 15.45% above its 52 week low of $14.22 and -23.16% below its 52 week high of $21.81. Both the RSI indicator and target price of 58.87 and $19.17 respectively, lead us to believe that it should be put on hold over the coming weeks.

Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement technology products and solutions in the United States and internationally. The company operates in three segments: Small & Medium Business Solutions; Enterprise Business Solutions; and Digital Commerce Solutions. The Small & Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment, software, and supplies; and provision of revolving credit and interest-bearing deposit solutions. The Enterprise Business Solutions segment offers equipment and services that enable large enterprises to process inbound and outbound mail. This segment provides production mail inserting and sortation equipment, production print systems, and supplies and related support services, as well as mail presort services. The Digital Commerce Solutions segment provides a range of solutions, including customer information management, location intelligence, customer engagement software, shipping management, and cross border ecommerce solutions as traditional software licenses, enterprise platforms, software-as-a-service, and on-demand applications, as well as offers related support services. The company’s solutions enable clients in marketing, shipping and mailing, and cross border ecommerce operations. Pitney Bowes Inc. sells its products through sales force, direct mailings, telemarketing, independent dealers and distributors, and Web channels to various business, governmental, institutional, and other organizations. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.

Zions Bancorporation (ZION) managed to rebound with the stock climbing 1.7% or $0.71 to close the day at $42.48 on light trading volume of 2.14M shares, compared to its three month average trading volume of 3.15M. The Salt Lake City Utah 84133 based company has been outperforming the regional – pacific banks group over the past 52 weeks, with the stock gaining 95.59%, compared to the industry which has advanced 52.39% over the same period. With RSI of 50.45, the stock should still continue to rise and get closer to its one year target estimate of $44.4, making it a hold for now.

Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services. Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.

Amyris, Inc. (AMRS) shares were down in last trading by -2.2% to $0.67. It experienced lighter than average volume on day. The stock decreased in value by almost -15.65% over the past week and fell -8.81% in the past month. It is currently trading -13.22% below its 50 day moving average and 1.73% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -58.6% decrease in value from its one year high of $1.63. The RSI indicator value of 37.49, lead us to believe that it is a hold for now.

Amyris, Inc. provides various alternatives to a range of petroleum-sourced products worldwide. The company uses its industrial bioscience technology to design microbes primarily yeast, as well as to convert plant-sourced sugars into renewable hydrocarbons. It produces and sells Biofene that converts to squalane, which is used as an emollient in cosmetics and other personal care products; and natural oils and aroma chemicals for the flavors and fragrances market. The company also provides renewable solvents, polymers, and renewable lubricants for industrial applications; and renewable fuels for transportation fuels market. It has a collaboration partnership with Total S.A. to produce and commercialize Biofene-based diesel and jet fuels. The company was formerly known as Amyris Biotechnologies, Inc. and changed its name to Amyris, Inc. in June 2010. Amyris, Inc. was founded in 2003 and is headquartered in Emeryville, California.

 

Traders Recap: Prologis, Inc. (PLD), American Eagle Outfitters, Inc. (AEO), The TJX Companies, Inc. (TJX)

Prologis, Inc. (PLD) continued its upward trend with the stock climbing 0.61% or $0.32 to close the day at $52.85 on higher than average trading volume of 3.23M shares, compared to its three month average trading volume of 2.77M. The San Francisco California 94111 based company has been outperforming the reit – industrial companies by 4.0492% for last three months and its recent gains have pushed the stock slightly up 0.11% YTD, versus the reit – industrial industry which is down -1.45% for the same period. The RSI of 57.47 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. It was previously known as Security Capital Investment Trust. Prologis Inc. was formed in 1991 and is based in San Francisco, California with an additional office in Denver, Colorado.

American Eagle Outfitters, Inc. (AEO) had a light trading with around 3.22M shares changing hands compared to its three month average trading volume of 5.83M. The stock traded between $15.01 and $15.31 before closing at the price of $15.3 with 0.07% change on the day. The Pittsburgh Pennsylvania 15203 based company is currently trading 23.41% above its 52 week low of $12.78 and -20.58% below its 52 week high of $19.55. Both the RSI indicator and target price of 42.99 and $18.4 respectively, lead us to believe that it should be put on hold over the coming weeks.

American Eagle Outfitters, Inc. operates as a specialty retailer offering on-trend clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company provides denim, bottoms, and other apparel, as well as footwear and accessories for men and women; and intimates, including bras, undies, swim, and other products, as well as apparel and personal care products for women. In addition, it offers sports apparel under the Tailgate brand; and menswear products under the Todd Snyder New York brand name. The company operates approximately 1,000 stores in the United States, Canada, Mexico, China, Hong Kong, and the United Kingdom, and ships to 81 countries through its websites. It also offers its merchandise at 151 stores operated by licensees in 22 countries, as well as through its Websites at ae.com, aerie.com, TailgateClothing.com, and ToddSnyder.com. American Eagle Outfitters, Inc. was founded in 1977 and is headquartered in Pittsburgh, Pennsylvania.

The TJX Companies, Inc. (TJX) traded within a range of $76.26 to $77.07 after opening the day at $76.98. The company has seen its stock increase in value by 2.06% so far this year. The stock was down close to -0.09% on light volume in last trading session and closed at $76.68 per share. After the recent fall, the stock is currently holding -8% below its 52 week high of $83.64 and 18.37% above its 12-month low of $66.78. The shares are up by over 4.95% in the last three months, and the RSI indicator value of 52.41 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; seasonal items; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of July 30, 2016, the company operated a total of 3,675 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as through three e-commerce sites. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

 

Stocks Trend Analysis: Range Resources Corporation (RRC), General Growth Properties, Inc (GGP), Spectra Energy Corp (SE)

Range Resources Corporation (RRC) continued its upward trend with the stock climbing 1.75% or $0.59 to close the day at $34.35 on light trading volume of 3.13M shares, compared to its three month average trading volume of 4.43M. The Fort Worth Texas 76102 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 68.33%, compared to the industry which has advanced 65.15% over the same period. With RSI of 51.35, the stock should still continue to rise and get closer to its one year target estimate of $47.37, making it a hold for now.

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.

General Growth Properties, Inc (GGP) grew with the stock adding 0.68% or $0.17 to close at $25.1 on light trading volume of 3.13M compared its three months average trading volume of 4.3M. The Chicago Illinois 60606 based company operating under the REIT – Retail industry has been trending down for the last 52 weeks, with the shares price now -5% down for the period and up by 0.48% so far this year. With price target of $30.32 and a 5.06% rebound from 52-week low, General Growth Properties, Inc has plenty of upside potential, making it a hold with a view buy.

General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties, Inc is based in Chicago, Illinois.

Spectra Energy Corp (SE) failed to extend gains with the stock declining -1.45% or $-0.62 to close the day at $42.19 on lower than average trading volume of 3.11M shares, compared to its three month average trading volume of 3.37M. The Houston Texas 77056 based company has been outperforming the oil & gas pipelines companies by -0.1146% for last three months and its recent losses have trimmed gains to 2.68% YTD, versus the oil & gas pipelines industry which is up 1.49% for the same period. The RSI of 55.73 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, as well as transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of approximately 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has approximately 40,000 miles of main and service pipelines; storage capacity of approximately 163 Bcf; and transmission system of approximately 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, including water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas; produces, fractionates, transports, stores, and sells NGLs; recovers and sells condensate; and trades in and markets natural gas and NGLs. It owns or operates approximately 67,000 miles of gathering and transmission pipeline. The company was incorporated in 2006 and is headquartered in Houston, Texas.

 

3 Stocks in Focus: Ford Motor Company (F), United States Steel Corporation (X), Chesapeake Energy Corporation (CHK)

Ford Motor Company (F) fell -1.59% during last trading as the stock lost $-0.2 to finish the day at $12.41 with about 33.75M shares changing hands, compared to its three month average trading volume of 36.68M. The $49.16B market cap company, which fluctuated between $12.3 and $12.45 during the day, currently situated 16.54% above its 52 week low of $11.02 and -10.67% away from its one year high of $14.22. The RSI of 46.78 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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.

United States Steel Corporation (X) gained $2.69 to close the day at a new closing price of $34.93, a 8.34% increase in value from its previous closing price that moved the stock 475.64% above its 52 week low of $6.15. A total of 32.01M shares exchanged hands during the day compared with its three month average trading volume of 19.16M. The stock, which fluctuated between $31.95 and $35.31 during the day, currently situated -10.76% below its 52 week high. The stock is down by -2.54% in the past one month and up by 106.21% over the past three months. With a one year target estimate of $31.2 and RSI of 53.15, the stock still has upside potential, making it a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Chesapeake Energy Corporation (CHK) had a light trading with around 29.48M shares changing hands compared to its three month average trading volume of 53.08M. The stock traded between $6.92 and $7.04 before closing at the price of $6.98 with -0.43% change on the day. The Oklahoma City Oklahoma 73118 based company is currently trading 365.33% above its 52 week low of $1.5 and -14.88% below its 52 week high of $8.2. Both the RSI indicator and target price of 51.42 and $7.65 respectively, lead us to believe that it should be put on hold over the coming weeks.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

 

Eye Catching Stocks: Macy’s, Inc. (M), Southwestern Energy Company (SWN), Facebook, Inc. (FB)

Macy’s, Inc. (M) failed to extend gains with the stock declining -1.54% or $-0.46 to close the day at $29.44 on light trading volume of 13.24M shares, compared to its three month average trading volume of 6.72M. The Cincinnati Ohio 45202 based company has been underperforming the department stores group over the past 52 weeks, with the stock losing -20.97%, compared to the industry which has advanced 2.73% over the same period. With RSI of 17.81, the stock should still continue to rise and get closer to its one year target estimate of $37.1, making it a hold for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Southwestern Energy Company (SWN) climbed 0.1% during last trading as the stock added $0.01 to finish the day at $9.69 with about 13.16M shares changing hands, compared to its three month average trading volume of 16.5M. The $4.83B market cap company, which fluctuated between $9.55 and $9.75 during the day, currently situated 82.83% above its 52 week low of $5.3 and -37.84% away from its one year high of $15.59. The RSI of 38.34 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

Facebook, Inc. (FB) saw its value increase by 0.04% as the stock gained $0.05 to finish the day at a closing price of $127.92. The stock was lighter in trading and has fluctuated between $92.62-$133.5 per share for the past year. The shares, which traded within a range of $126.84 to $128.43 during the day, are up by 0.3% in the past three months and up by 6.06% over the past six months. It is currently trading 5.89% above its 20 day moving average and 6.7% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $153.57 a share over the next twelve months. The current relative strength index (RSI) reading is 71.69. The technical indicator do not lead us to believe the stock will see more gains any time soon.

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.

 

Stocks In Queue: The Goldman Sachs Group, Inc. (GS), Energy Transfer Equity, L.P. (ETE), Newmont Mining Corporation (NEM)

The Goldman Sachs Group, Inc. (GS) fell -0.62% during last trading as the stock lost $-1.45 to finish the day at $234.29 with about 7.58M shares changing hands, compared to its three month average trading volume of 4.05M. The $92.99B market cap company, which fluctuated between $231.52 and $237.69 during the day, currently situated 71.11% above its 52 week low of $138.2 and -5.44% away from its one year high of $247.77. The RSI of 46.45 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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.

Energy Transfer Equity, L.P. (ETE) dropped $-0.54 to close the day at a new closing price of $18, a -2.91% decrease in value from its previous closing price that moved the stock 378.21% above its 52 week low of $4. A total of 7.57M shares exchanged hands during the day compared with its three month average trading volume of 6.66M. The stock, which fluctuated between $17.91 and $18.31 during the day, currently situated -10.22% below its 52 week high. The stock is up by 3.03% in the past one month and up by 16.71% over the past three months. With a one year target estimate of $19.67 and RSI of 43.57, the stock still has upside potential, making it a hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Newmont Mining Corporation (NEM) had a light trading with around 7.53M shares changing hands compared to its three month average trading volume of 8.19M. The stock traded between $34.9 and $35.95 before closing at the price of $35.26 with 0.34% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 120.52% above its 52 week low of $16.05 and -23.3% below its 52 week high of $46.07. Both the RSI indicator and target price of 57.42 and $40.06 respectively, lead us to believe that it should be put on hold over the coming weeks.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.