Cameron Chan

3 Trending Stocks: Micron Technology, Inc. (MU), Ford Motor Company (F), Apple Inc. (AAPL)

Micron Technology, Inc. (MU) continued its downward trend with the stock declining -0.17% or $-0.04 to close the day at $22.98 on light trading volume of 23.68M shares, compared to its three month average trading volume of 26.6M. The Boise Idaho 83716 based company has been outperforming the semiconductor- memory chips group over the past 52 weeks, with the stock gaining 100%, compared to the industry which has advanced 89.88% over the same period. With RSI of 47.57, the stock should still continue to rise and get closer to its one year target estimate of $28.19, 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) fell -0.71% during last trading as the stock lost $-0.09 to finish the day at $12.54 with about 22.86M shares changing hands, compared to its three month average trading volume of 35.45M. The $49.31B market cap company, which fluctuated between $12.48 and $12.64 during the day, currently situated 15.1% above its 52 week low of $11.07 and -8.28% away from its one year high of $14.22. The RSI of 52.42 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, and services automobiles in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company’s Automotive segment develops, manufactures, distributes, and services cars, trucks, SUVs, and electrified vehicles under the Ford name; and luxury vehicles under the Lincoln name, as well as service parts and accessories. This segment markets its products through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments. Its Financial Services segment offers various automotive financing products to and through automotive dealers. Its financing products comprise retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, such as leasing companies, government entities, daily rental car companies, and fleet customers. This segment 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. The company was founded in 1903 and is based in Dearborn, Michigan.

Apple Inc. (AAPL) saw its value decrease by -0.12% as the stock dropped $-0.16 to finish the day at a closing price of $135.35. The stock was lighter in trading and has fluctuated between $89.47-$136.27 per share for the past year. The shares, which traded within a range of $134.84 to $135.9 during the day, are up by 26.91% in the past three months and up by 25.1% over the past six months. It is currently trading 7.03% above its 20 day moving average and 12.82% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $139.19 a share over the next twelve months. The current relative strength index (RSI) reading is 89.4. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

 

Investor’s Watch List: General Motors Company (GM), Annaly Capital Management, Inc. (NLY), Host Hotels & Resorts, Inc. (HST)

General Motors Company (GM) had a active trading with around 9.36M shares changing hands compared to its three month average trading volume of 14.39M. The stock traded between $36.82 and $37.16 before closing at the price of $37.03 with -0.13% change on the day. The Detroit Michigan 48265 based company is currently trading 39.92% above its 52 week low of $27.05 and -3.52% below its 52 week high of $38.38. Both the RSI indicator and target price of 54.73 and $38.82 respectively, lead us to believe that it should be put on hold over the coming weeks.

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars, trucks, and crossovers to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.

Annaly Capital Management, Inc. (NLY) continued its upward trend with the stock climbing 2.86% or $0.3 to close the day at $10.8 on active trading volume of 9.08M shares, compared to its three month average trading volume of 6.78M. The New York New York 10036 based company has been outperforming the reit – diversified group over the past 52 weeks, with the stock gaining 21.85%, compared to the industry which has advanced 31.08% over the same period. With RSI of 75.17, the stock should still continue to rise and get closer to its one year target estimate of $10.35, making it a hold for now.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.

Host Hotels & Resorts, Inc. (HST) shares were down in last trading by -0.21% to $18.58. It experienced lighter than average volume on day. The stock increased in value by almost 1.25% over the past week and grew 1.47% in the past month. It is currently trading 0.66% above its 50 day moving average and 11.79% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.62% decrease in value from its one year high of $19.51. The RSI indicator value of 55.15, lead us to believe that it is a hold for now.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland. The firm primarily invests in luxury and upper upscale hotels. It was formerly known as Host Marriott Corporation. Host Hotels & Resorts, Inc. was founded in 1927 and is based in Bethesda, Maryland.

 

Stocks Under Consideration: Emerson Electric Co. (EMR), U.S. Bancorp (USB), Devon Energy Corporation (DVN)

Emerson Electric Co. (EMR) retreated with the stock falling -1.3% or $-0.83 to close at $62.9 on active trading volume of 6.23M compared its three months average trading volume of 3.68M. The St. Louis Missouri 63136 based company operating under the Industrial Electrical Equipment industry has been trending up for the last 52 weeks, with the shares price now 34.73% up for the period and up by 13.68% so far this year. With price target of $57.76 and a 42.14% rebound from 52-week low, Emerson Electric Co. has plenty of upside potential, making it a hold with a view buy.

Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The company’s Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. It also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. This segment serves oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metal and mining, and municipal water supplies markets. Its Industrial Automation segment provides fluid power and control products; electrical distribution equipment; and materials joining and precision cleaning products, as well as hermetic motors. The company’s Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls, and remote monitoring technology and services to residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and marine control areas. Its Commercial & Residential Solutions segment provides tools for professionals and homeowners; home storage systems; and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, Missouri.

U.S. Bancorp (USB) had a light trading with around 6.2M shares changing hands compared to its three month average trading volume of 6.92M. The stock traded between $54.55 and $55.08 before closing at the price of $55.01 with -0.24% change on the day. The Minneapolis Minnesota 55402 based company is currently trading 50.46% above its 52 week low of $37.48 and -0.65% below its 52 week high of $55.37. Both the RSI indicator and target price of  and $54 respectively, lead us to believe that it could rise over the coming weeks.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to the company’s customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as offers cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. It serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,133 banking offices primarily in the Midwest and West regions of the United States; and a network of 4,936 ATMs, as well as through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Devon Energy Corporation (DVN) saw its value decrease by -0.27% as the stock dropped $-0.12 to finish the day at a closing price of $44.11. The stock was higher in trading and has fluctuated between $18.07-$50.69 per share for the past year. The shares, which traded within a range of $44.03 to $45.23 during the day, are down by -1.86% in the past three months and up by 2.12% over the past six months. It is currently trading -3.32% below its 20 day moving average and -5.17% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $53.11 a share over the next twelve months. The current relative strength index (RSI) reading is 40.57.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It operates approximately 19,000 wells. The company also offers midstream energy services, including gathering, transmission, processing, fractionation, and marketing to producers of natural gas, NGLs, crude oil, and condensate through its natural gas pipelines, plants, and treatment facilities. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

 

3 Stocks in Focus: Las Vegas Sands Corp. (LVS), Mead Johnson Nutrition Company (MJN), Cabot Oil & Gas Corporation (COG)

Las Vegas Sands Corp. (LVS) fell -0.92% during last trading as the stock lost $-0.49 to finish the day at $52.51 with about 4.67M shares changing hands, compared to its three month average trading volume of 4.83M. The $41.89B market cap company, which fluctuated between $52.13 and $53.1 during the day, currently situated 29.93% above its 52 week low of $41.25 and -16.09% away from its one year high of $63.38. The RSI of 40.38 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, the Four Seasons Hotel Macao, Cotai Strip, the Plaza Casino, and the Sands Macao in Macao, the People’s Republic of China; and iconic Marina Bay Sands in Singapore. The company also owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and Five-Diamond luxury resorts on the Las Vegas Strip; Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Casino Resort Bethlehem in Bethlehem, Pennsylvania. Its integrated resorts include accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.

Mead Johnson Nutrition Company (MJN) dropped $-0.08 to close the day at a new closing price of $87.6, a -0.09% decrease in value from its previous closing price that moved the stock 26.56% above its 52 week low of $69.25. A total of 4.67M shares exchanged hands during the day compared with its three month average trading volume of 3.28M. The stock, which fluctuated between $87.6 and $87.89 during the day, currently situated -6.17% below its 52 week high. The stock is up by 16.41% in the past one month and up by 23.02% over the past three months. With a one year target estimate of $81.7 and RSI of 74.88, the stock still has upside potential, making it a sell for now.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children’s nutrition, and other nutritional products. It offers routine infant formula products as a breast milk substitute for healthy infants for use as the infant’s source of nutrition, as well as a supplement to breastfeeding under the Enfamil Premium, Enfapro Premium, Enfalac A+, and Enfamil A+ names; and solutions products to address common feeding tolerance problems, including spit-up, fussiness, gas, and lactose intolerance under the Enfamil Gentlease, Enfamil A.R., Enfamil ProSobee, and Enfamil LactoFree names. The company also provides specialty formula products, including formulas for addressing special medical needs, such as Nutramigen for cow’s milk protein allergies, as well as Puramino, an amino acid formula for cow’s milk protein allergies or multiple other food allergies; Enfamil Premature to meet the needs of premature and low birth weight infants; EnfaCare, a hypercaloric formula for premature babies at home; and produces medical foods for nutritional management of individuals with rare, inborn errors of metabolism comprising maple syrup urine disease and phenylketonuria. In addition, it offers children’s nutrition products comprising products for meeting children’s nutritional needs at toddlers and older children stage, as well as offer milk modifiers under the Enfagrow, Sustagen, Lactum, ChocoMilk, and Cal-C-Tose names; a range of other products, including pre-natal and post-natal nutritional supplements for expectant and nursing mothers under the Expecta and EnfaMama names; and pediatric vitamin products under the Enfamil Poly-Vi-Sol name, as well as multivitamins and iron supplements for infants. The company sells its products to mothers, health care professionals, and retailers in approximately 50 countries in Asia, North America, Latin America, and Europe. Mead Johnson Nutrition Company was founded in 1905 and is headquartered in Glenview, Illinois.

Cabot Oil & Gas Corporation (COG) had a light trading with around 4.64M shares changing hands compared to its three month average trading volume of 6.68M. The stock traded between $23.03 and $24.04 before closing at the price of $23.12 with -3.22% change on the day. The Houston Texas 77024 based company is currently trading 25.55% above its 52 week low of $18.73 and -13.38% below its 52 week high of $26.74. Both the RSI indicator and target price of 52.49 and $28.34 respectively, lead us to believe that it should be put on hold over the coming weeks.

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.

 

Momentum Stocks: L Brands, Inc. (LB), Hologic, Inc. (HOLX), Consolidated Edison, Inc. (ED)

L Brands, Inc. (LB) retreated with the stock falling -1.27% or $-0.74 to close at $57.48 on active trading volume of 2.97M compared its three months average trading volume of 2.5M. The Columbus Ohio 43230 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -28.81% down for the period and down by -11.79% so far this year. With price target of $68 and a 1.04% rebound from 52-week low, L Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Hologic, Inc. (HOLX) had a active trading with around 2.96M shares changing hands compared to its three month average trading volume of 2.48M. The stock traded between $39.31 and $39.83 before closing at the price of $39.53 with 0.33% change on the day. The Marlborough Massachusetts 01752 based company is currently trading 21.18% above its 52 week low of $32.64 and -4.15% below its 52 week high of $41.24. Both the RSI indicator and target price of  and $44.97 respectively, lead us to believe that it could rise over the coming weeks.

Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States, Europe, the Asia-Pacific, and internationally. It operates through four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. The Diagnostics segment provides Aptima family of assays, target capture/nucleic acid extraction technology, transcription-mediated amplification technology, hybridization protection and dual kinetic assays, Procleix family of assays for blood screening, instrumentation, Invader chemistry platform, ThinPrep system, and rapid fetal fibronectin test. The Breast Health segment offers breast imaging and related products and accessories, including digital and film-based mammography systems; computer-aided detection (CAD) for mammography; invasive breast biopsy devices; breast biopsy site markers; and breast biopsy guidance systems. This segment also provides Dimensions platform, a mammography gantry for 2D and tomosynthesis image acquisition and display; C-View that provides a 2D image; Selenia digital mammography platform; and SecurView Workstation. The GYN Surgical segment offers NovaSure system to treat women suffering from abnormal uterine bleeding; and MyoSure system for the hysteroscopic removal of fibroids. The Skeletal Health segment provides discovery and horizon X-ray bone densitometers that assess the bone density of fracture sites; and mini C-arm imaging systems to perform minimally invasive surgical procedures on a patient’s extremities, such as the hand, wrist, knee, foot, and ankle. The company sells its products through direct sales and service forces, and a network of independent distributors and sales representatives. Hologic, Inc. was founded in 1985 and is headquartered in Marlborough, Massachusetts.

Consolidated Edison, Inc. (ED) saw its value increase by 0.8% as the stock gained $0.59 to finish the day at a closing price of $74.29. The stock was higher in trading and has fluctuated between $68.44-$81.88 per share for the past year. The shares, which traded within a range of $73.53 to $74.49 during the day, are up by 6.25% in the past three months and down by -0.89% over the past six months. It is currently trading 1.48% above its 20 day moving average and 2.39% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $72.7 a share over the next twelve months. The current relative strength index (RSI) reading is 58.61.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.4 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, and parts of Queens and Westchester County; and steam to approximately 1,700 customers in parts of Manhattan. The company owns 62 area distribution substations and various distribution facilities; 39 transmission substations and 62 area stations; electric generation facilities with an aggregate capacity of 724 megawatts that run on gas and fuel oil; 4,348 miles of mains and 369,791 service lines for natural gas distribution; and 1 steam-electric generating station and 5 steam-only generating stations. It also supplies electricity to approximately 0.3 million customers in southeastern New York, and in adjacent areas of northern New Jersey and northeastern Pennsylvania; and gas to approximately 0.1 million customers in southeastern New York and adjacent areas of northeastern Pennsylvania. The company operates 572 circuit miles of transmission lines; 14 transmission substations; 86,794 in-service line transformers; 3,994 pole miles of overhead distribution lines; and 1,889 miles of underground distribution lines, as well as 1,867 miles of mains and 105,482 service lines for natural gas distribution. In addition, it is involved in the sale and related hedging of electricity to retail customers; and provision of energy-related products and services to wholesale and retail customers. Further, the company develops, owns, and operates renewable and energy infrastructure projects, as well as invests in transmission companies. It primarily sells electricity to industrial, commercial, residential, and governmental customers. Consolidated Edison, Inc. was founded in 1884 and is based in New York, New York.

 

Stocks in the Spotlight: McDonald’s Corporation (MCD), The Hartford Financial Services Group, Inc. (HIG), Allergan plc (AGN)

McDonald’s Corporation (MCD) had a light trading with around 3.01M shares changing hands compared to its three month average trading volume of 3.69M. The stock traded between $126.31 and $127.82 before closing at the price of $126.7 with 0.17% change on the day. The Oak Brook Illinois 60523 based company is currently trading 15.73% above its 52 week low of $110.33 and -1.77% below its 52 week high of $131.96. Both the RSI indicator and target price of 71.68 and $131.17 respectively, lead us to believe that it could drop over the coming weeks.

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2015, it operated 36,525 restaurants, including 30,081 franchised restaurants comprising 21,147 franchised to conventional franchisees, 5,529 licensed to developmental licensees, and 3,405 licensed to foreign affiliates; and 6,444 company-operated restaurants. The company has strategic partnerships with CITIC Limited, CITIC Capital, and The Carlyle Group to expand its business in Mainland China and Hong Kong. McDonald’s Corporation was founded in 1940 and is based in Oak Brook, Illinois.

The Hartford Financial Services Group, Inc. (HIG) managed to rebound with the stock declining 0% or $0 to close the day at $48.6 on active trading volume of 3M shares, compared to its three month average trading volume of 2.5M. The Hartford Connecticut 06155 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 18.65%, compared to the industry which has advanced 27.04% over the same period. With RSI of 56.97, the stock should still continue to rise and get closer to its one year target estimate of $52.42, making it a hold for now.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. It operates through six segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds, and Talcott Resolution. The Commercial Lines segment offers workers’ compensation, property, automobile, liability, umbrella, marine, and livestock insurance, as well as customized insurance products and services, including general liability, professional liability, bond, and specialty casualty coverages. The Personal Lines segment provides automobile, homeowners, and personal umbrella coverages to individuals. The Property & Casualty Other Operations segment manages property and casualty insurance. The Group Benefits segment offers group life, accident and disability coverage, and group retiree health to employer groups, associations, and affinity groups; and disability underwriting, administration, claims processing, and reinsurance to other insurers and self-funded employer plans. The Mutual Funds segment provides investment products for retail and retirement accounts; and investment-management and administrative services, such as product design, implementation, and oversight, as well as the runoff of the mutual funds supporting the company’s variable annuity products. The Talcott Resolution segment engages in the U.S. annuity, institutional, and private-placement life insurance businesses. It has a research partnership with UCLA Anderson Forecast to understand the critical economic issue and other trends affecting small business. The Hartford Financial Services Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut.

Allergan plc (AGN) shares were down in last trading by -0.96% to $246.93. It experienced lighter than average volume on day. The stock increased in value by almost 0.51% over the past week and grew 14.02% in the past month. It is currently trading 15.82% above its 50 day moving average and 8.92% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -18.05% decrease in value from its one year high of $301.32. The RSI indicator value of 78.81, lead us to believe that it may reverse gains in the near term.

Allergan plc, a specialty pharmaceutical company, develops, manufactures, markets, and distributes medical aesthetics, biosimilar, and over-the-counter pharmaceutical products worldwide. It operates through US Brands, US Medical Aesthetics, International Brands, and Anda Distribution segments. The company offers a portfolio of products that provide treatments for the central nervous system, gastroenterology, women’s health and urology, ophthalmology, neurosciences, medical aesthetics, liver disease, inflammation, fibrosis, and HIV, as well as dermatology and plastic surgery, and Alzheimer’s disease. It is also involved in developing ocular implants that reduce intraocular pressure associated with glaucoma; medical devices for the correction of prominent ears; and intranasal neurostimulation devices, as well as other dry eye products. In addition, it distributes generic and branded pharmaceutical products primarily to independent pharmacies, pharmacy chains, pharmacy buying groups, and physicians’ offices. Further, the company develops, processes, and markets tissue-based products for use in reconstructive, orthopedic, and urogynecologic surgical procedures to repair soft tissue defects. Allergan plc has a collaboration with T2 Biosystems to develop blood-based diagnostic panel for the detection of Gram-negative bacterial species. The company was formerly known as Actavis plc and changed its name to Allergan plc in June 2015. Allergan plc was founded in 1983 and is headquartered in Dublin, Ireland.

 

Momentum Stocks in Focus: The Progressive Corporation (PGR), PG&E Corporation (PCG), E*TRADE Financial Corporation (ETFC)

The Progressive Corporation (PGR) continued its upward trend with the stock climbing 0.57% or $0.22 to close the day at $38.61 on light trading volume of 2.48M shares, compared to its three month average trading volume of 2.95M. The Mayfield Village Ohio 44143 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 23.08%, compared to the industry which has advanced 27.04% over the same period. With RSI of 77.91, the stock should still continue to rise and get closer to its one year target estimate of $36.77, making it a hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

PG&E Corporation (PCG) grew with the stock adding 0.71% or $0.45 to close at $63.39 on active trading volume of 2.47M compared its three months average trading volume of 2.03M. The San Francisco California 94177 based company operating under the Electric Utilities industry has been trending up for the last 52 weeks, with the shares price now 16.81% up for the period and up by 4.31% so far this year. With price target of $66.25 and a 19.57% rebound from 52-week low, PG&E Corporation has plenty of upside potential, making it a hold with a view buy.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California. The company’s electricity distribution network consists of approximately 142,000 circuit miles of distribution lines, 58 transmission switching substations, and 603 distribution substations; and electricity transmission network comprises approximately 18,400 circuit miles of interconnected transmission lines and 91 electric transmission substations. Its natural gas system consists of approximately 42,800 miles of distribution pipelines, approximately 6,700 miles of backbone and local transmission pipelines, and various storage facilities. The company operates various electricity generation facilities, such as nuclear, hydroelectric, fossil fuel-fired, and photovoltaic. PG&E Corporation was founded in 1905 and is headquartered in San Francisco, California.

E*TRADE Financial Corporation (ETFC) failed to extend gains with the stock declining -0.91% or $-0.34 to close the day at $37.17 on lower than average trading volume of 2.47M shares, compared to its three month average trading volume of 3.08M. The New York New York 10020 based company has been outperforming the investment brokerage – national companies by 10.6116% for last three months and its recent gains have pushed the stock slightly up 7.27% YTD, versus the investment brokerage – national industry which is up 6.92% for the same period. The RSI of 57.52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

 

Equities Trend Analysis: American Electric Power Company, Inc. (AEP), Molson Coors Brewing Company (TAP), Computer Sciences Corporation (CSC)

American Electric Power Company, Inc. (AEP) grew with the stock adding 0.65% or $0.41 to close at $63.7 on light trading volume of 1.89M compared its three months average trading volume of 2.37M. The Columbus Ohio 43215 based company operating under the Electric Utilities industry has been trending up for the last 52 weeks, with the shares price now 5.69% up for the period and up by 2.12% so far this year. With price target of $67.03 and a 11.06% rebound from 52-week low, American Electric Power Company, Inc. has plenty of upside potential, making it a hold with a view buy.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company delivers electricity to approximately 5.4 million customers in 11 states. The company owns and leases approximately 4,838 railcars, 498 barges, 12 towboats, 8 harbor boats, and a coal handling terminal. American Electric Power Company, Inc. was founded in 1906 and is headquartered in Columbus, Ohio.

Molson Coors Brewing Company (TAP) had a active trading with around 1.86M shares changing hands compared to its three month average trading volume of 1.54M. The stock traded between $98.52 and $100.33 before closing at the price of $99.8 with 0.78% change on the day. The Denver Colorado 80202 based company is currently trading 21.62% above its 52 week low of $84.24 and -10.68% below its 52 week high of $112.19. Both the RSI indicator and target price of  and $118.45 respectively, lead us to believe that it could rise over the coming weeks.

Molson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally. It sells various products under the Coors Light, Miller Lite, Coors Banquet, the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Keystone, Icehouse, Mickey’s, Miller 64, Miller Genuine Draft, Miller High Life, Milwaukee’s Best, Hamm’s, Olde English 800, Steel Reserve, Crispin, Smith & Forge, Redd’s, the Henry’s Hard Soda, and Steel Reserve Alloy Series brands. The company also offers various brands, including Molson Canadian, Belgian Moon, Carling, Carling Black Label, Creemore Springs, the Granville Island, Mad Jack, the Miller, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Old Style Pilsner, and the Rickard’s family of brands. In addition, it provides its products under the Staropramen, Apatinsko, Astika, Bergenbier, Borsodi, Branik, Jelen, Kamenitza, Niksicko, Noroc, Ostravar, Ozujsko, Sharp’s Doom Bar, Worthington’s, Cobra, and other brand names. Further, the company imports and sells Hop Valley, Revolver, Saint Archer, Terrapin, Grolsch, Peroni Nastro Azzurro, Pilsner Urquell, Desperados, Dos Equis, Moretti, Sol, Tecate, Carling Strong, Coors, Coors 1873, Coors Extra, Coors Gold, Iceberg 9000, King Cobra, Thunderbolt, and Zima brand products. Additionally, it brews or distributes various brands, such as Amstel Light, Heineken, Murphy’s, Newcastle Brown Ale, Strongbow cider, Beck’s, Belle-Vue Kriek brands, Hoegaarden, Leffe, Lowenbrau, Löwenweisse, Spaten and Stella Artois, Corona Extra, Rekorderlig, Singha, Blue Moon, Corona, Miller High Life, Molson Canadian, and other Modelo brands, as well as George Killian’s Irish Red, the Redd’s, and Foster’s brands. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company in February 2005. The Company was founded in 1786 and is headquartered in Denver, Colorado.

Computer Sciences Corporation (CSC) saw its value increase by 0.91% as the stock gained $0.64 to finish the day at a closing price of $70.84. The stock was higher in trading and has fluctuated between $26.91-$71.79 per share for the past year. The shares, which traded within a range of $70.29 to $70.93 during the day, are up by 16.06% in the past three months and up by 55.71% over the past six months. It is currently trading 7.99% above its 20 day moving average and 13.33% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $70.33 a share over the next twelve months. The current relative strength index (RSI) reading is 72.38.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Computer Sciences Corporation, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software. This segment also provides applications services, which optimize and modernize clients’ business and technical environments that enable clients to capitalize on emerging services, such as cloud, mobility, and big data within new commercial models, including the ‘as a Service’ and digital economies; consulting services, which help organizations innovate, transform, and create sustainable competitive advantage; and vertically aligned software solutions and process-based intellectual property power mission-critical transaction engines in insurance, banking, healthcare and life sciences, manufacturing, and other diversified industries. The GIS segment offers managed and virtual desktop, unified communications and collaboration, data center management, cyber security, and compute and managed storage solutions to commercial clients. This segment also provides next-generation cloud offerings consisting of Infrastructure as a Service, private cloud solutions, CloudMail, and Storage as a Service. The company has a strategic partnership with HCL Technologies to create an applications modernization delivery network. Computer Sciences Corporation was founded in 1959 and is headquartered in Tysons, Virginia.

 

Stocks Trending Alert: Mastercard Incorporated (MA), Level 3 Communications, Inc. (LVLT), Anthem, Inc. (ANTM)

Mastercard Incorporated (MA) saw its value decrease by -0.33% as the stock dropped $-0.36 to finish the day at a closing price of $109.3. The stock was lighter in trading and has fluctuated between $84.59-$111.07 per share for the past year. The shares, which traded within a range of $108.89 to $110.2 during the day, are up by 6.88% in the past three months and up by 14.79% over the past six months. It is currently trading 1.15% above its 20 day moving average and 2.83% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $121.93 a share over the next twelve months. The current relative strength index (RSI) reading is 62.06.The technical indicator lead us to believe there will be no major movement any time soon, hold.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. The company also offers value-added services, such as loyalty and reward programs, and information and consulting services. In addition, it provides cross-border and domestic processing services; and issuer and acquirer processing solutions, and payment and mobile gateways. Further, the company offers various payment products and solutions for cardholders, merchants, financial institutions, and governments; programs that enable issuers to provide consumers with cards to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid payment programs and management services; and commercial payment products and solutions. Additionally, it provides products and services to prevent, detect, and respond to fraud and ensure the safety of transactions. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus brands. MasterCard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Level 3 Communications, Inc. (LVLT) shares were down in last trading by -0.33% to $57.33. It experienced lighter than average volume on day. The stock decreased in value by almost -0.52% over the past week and fell -2.57% in the past month. It is currently trading -0.9% below its 50 day moving average and 8.52% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.66% decrease in value from its one year high of $60.12. The RSI indicator value of 39.12, lead us to believe that it is a hold for now.

Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services. It operates through North America, EMEA, and Latin America segments. The company offers Internet protocol (IP) and data services comprising Internet services, virtual private network, Ethernet, content delivery network, media delivery, Vyvx broadcast, managed, cloud and IT, and cloud connect services, as well as Communications as a Service. It also provides transport and fiber services comprising wavelengths, private lines, transoceanic services, and dark fiber, as well as related professional services; local and enterprise voice services, including Voice over Internet Protocol services and traditional circuit-switch based services; collaboration services, such as audio, Web, and video collaboration services; colocation and data center services comprising cloud, hosting, and application management solutions; and security services for mobile users or remote offices, governance, risk management, and compliance. In addition, the company provides wholesale voice services, including voice termination and toll free services. It primarily serves various types of customers, such as enterprises, content, government, and wholesale. The company was founded in 1884 and is headquartered in Broomfield, Colorado.

Anthem, Inc. (ANTM) traded within a range of $160.29 to $164.14 after opening the day at $161.99. The company has seen its stock increase in value by 13.91% so far this year. The stock was up close to 0.66% on active volume in last trading session and closed at $163.77 per share. After the recent gain, the stock is currently holding -1.27% below its 52 week high of $165.88 and 43.25% above its 12-month low of $114.85. The shares are up by over 18.86% in the last three months, and the RSI indicator value of 70.82 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial and Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small employer, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans, such as consumer-driven health plans; and hospital only and limited benefit products. The company also provides a range of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs, and other administrative services. In addition, it offers an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management, and analytics-driven personal health care guidance; and Medicare administrative services. Further, the company provides services to the federal government in connection with the federal Employee Program; and operates as a licensee of the Blue Cross and Blue Shield Association. As of October 26, 2016, it served 73 million medical members through its affiliated companies. The company was formerly known as WellPoint, Inc. and changed its name to Anthem, Inc. in December 2014. Anthem, Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.

 

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

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

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

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

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

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

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