Cameron Chan

Stocks Roundup: GGP Inc. (GGP), The Dow Chemical Company (DOW), DaVita Inc. (DVA)

GGP Inc. (GGP) retreated with the stock falling -1.07% or $-0.27 to close at $25.03 on light trading volume of 2.88M 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 -2.53% down for the period and up by 0.2% so far this year. With price target of $29.97 and a 5.3% rebound from 52-week low, GGP 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.

The Dow Chemical Company (DOW) had a light trading with around 4.51M shares changing hands compared to its three month average trading volume of 6.34M. The stock traded between $60.63 and $61.74 before closing at the price of $61.72 with 0.26% change on the day. The Midland Michigan 48674 based company is currently trading 38.96% above its 52 week low of $46.18 and -0.21% below its 52 week high of $61.85. Both the RSI indicator and target price of  and $66.78 respectively, lead us to believe that it could rise over the coming weeks.

The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through five segments: Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments. The Agricultural Sciences segment provides crop protection and seed/plant biotechnology products and technologies, urban pest management solutions, and healthy oils. The Consumer Solutions segment offers semiconductors and organic light-emitting diodes, adhesives, and foams for use in the transportation industry; cellulosics and other polymers for pharmaceutical formulations and food solutions; and silicone solutions used in consumer goods and automotive applications. The Infrastructure Solutions segment provides architectural and industrial coatings, construction material ingredients, building insulation products, adhesives, and microbial protection products for the oil and gas industry, telecommunications, and light and water technologies. The Performance Materials & Chemicals segment offers chlorine and caustic soda; industrial solutions; and propylene oxides, propylene glycols, polyether polyols, and aromatic isocyanates. The Performance Plastics segment provides elastomers, polyolefin plastomers, and ethylene propylene diene monomer elastomers; wire and cable insulation, semiconductive, and jacketing compound solutions, as well as bio-based plasticizers; acrylics, polyethylene, and polyolefin plastomers; and ethylene, propylene, benzene, butadiene, octene, aromatics co-products, and crude c4. The company was founded in 1897 and is based in Midland, Michigan.

DaVita Inc. (DVA) saw its value decrease by -0.12% as the stock dropped $-0.08 to finish the day at a closing price of $64.73. The stock was lighter in trading and has fluctuated between $54.5-$78.77 per share for the past year. The shares, which traded within a range of $64.57 to $65.06 during the day, are up by 8.74% in the past three months and down by -5.27% over the past six months. It is currently trading 0.84% above its 20 day moving average and 0.34% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $65.2 a share over the next twelve months. The current relative strength index (RSI) reading is 54.01.The technical indicator lead us to believe there will be no major movement any time soon, hold.

DaVita Inc. provides kidney dialysis services for patients suffering from chronic kidney failure or end stage renal disease (ESRD). It operates through two divisions, Kidney Care and HealthCare Partners. The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also provides outpatient, hospital inpatient, and home-based hemodialysis services; owns clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers, as well as patient and physician focused integrated health care delivery and management services. In addition, the company operates DaVita Rx, a pharmacy that provides oral medications to patients with ESRD; disease management services; vascular access services; clinical research programs; physician services; and direct primary care services. As of December 31, 2015, it provided dialysis and administrative services in the United States through a network of 2,251 outpatient dialysis centers serving approximately 180,000 patients; and operated 118 outpatient dialysis centers located in 10 countries outside of the United States. Further, the company provides acute inpatient dialysis services in approximately 900 hospitals and related laboratory services in the United States. The company was formerly known as DaVita HealthCare Partners Inc. and changed its name to DaVita Inc. in September 2016. DaVita Inc. was founded in 1994 and is headquartered in Denver, Colorado.

 

Stocks In Queue: SunTrust Banks, Inc. (STI), Rockwell Collins, Inc. (COL), Express Scripts Holding Company (ESRX)

SunTrust Banks, Inc. (STI) climbed 2.49% during last trading as the stock added $1.45 to finish the day at $59.59 with about 3.8M shares changing hands, compared to its three month average trading volume of 3.81M. The $29.23B market cap company, which fluctuated between $57.98 and $59.66 during the day, currently situated 86.69% above its 52 week low of $32.14 and 1.46% away from its one year high of $59.66. The RSI of 67.01 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the United States. It operates through three segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. The Consumer Banking and Private Wealth Management segment offers deposits, home equity lines and loans, credit lines, indirect auto loans, student loans, bank cards, and other lending products, as well as various services. This segment also provides wealth management products and professional services, including brokerage, professional investment management, and trust services; and family office solutions. The Wholesale Banking segment offers corporate and investment banking solutions, such as advisory, capital raising, and financial risk management, as well as lease financing solutions; cash management services, auto dealer financing, and corporate insurance premium financing solutions; and construction, mini-perm, and permanent real estate financing, as well as tailored financing and equity investment solutions. This segment also provides treasury and payment solutions, including operating various electronic and paper payment types, such as card, wire transfer, automated clearing house, check, and cash; and offers clients to manage their accounts online. The Mortgage Banking segment provides residential mortgage products in the secondary market. The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2015, it operated 1,401 full-service banking offices located in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia. The company was founded in 1891 and is headquartered in Atlanta, Georgia.

Rockwell Collins, Inc. (COL) gained $0.66 to close the day at a new closing price of $92.61, a 0.72% increase in value from its previous closing price that moved the stock 18.82% above its 52 week low of $78.54. A total of 1.51M shares exchanged hands during the day compared with its three month average trading volume of 1.28M. The stock, which fluctuated between $91.88 and $93.04 during the day, currently situated -3.73% below its 52 week high. The stock is up by 3.36% in the past one month and up by 4.98% over the past three months. With a one year target estimate of $99 and RSI of 63.36, the stock still has upside potential, making it a hold for now.

Rockwell Collins, Inc. designs, produces, and supports communications and aviation systems worldwide. Its Commercial Systems segment provides integrated avionics systems; cabin management systems; data link, high frequency, very high frequency, and satellite communications systems; landing sensors, radio navigation, and geophysical sensors, as well as flight management systems; situational awareness and surveillance systems and products; integrated flight controls; simulation and training systems; and maintenance, repair, parts, and after-sales support services, as well as aftermarket used equipment. This segment serves original equipment manufacturers of commercial air transport, business and regional aircraft, commercial airlines, and business aircraft operators. The company’s Government Systems segment provides defense-related systems, products, and services comprising communications systems and products; radio navigation products, global positioning system equipment, and multi-mode receivers; avionics systems for aircraft flight decks; precision targeting, electronic warfare, and range and training systems; simulation and training systems; space wheels; visual system products; and maintenance, repair, parts, and after-sales support services, as well as aftermarket used equipment. This segment serves the U.S. Department of Defense, other ministries of defense, other government agencies, and defense contractors. Its Information Management Services segment offers voice and data communication services; flight support services; airport communications and information systems; train dispatching and information systems; mission critical security systems; and cabin connectivity solutions. This segment serves commercial airlines, business aircraft operators, the U.S. Federal Aviation Administration, airport and critical infrastructure operators, and passenger and freight railroads. Rockwell Collins, Inc. was founded in 1933 and is headquartered in Cedar Rapids, Iowa.

Express Scripts Holding Company (ESRX) had a light trading with around 3.69M shares changing hands compared to its three month average trading volume of 4.07M. The stock traded between $68.57 and $69.79 before closing at the price of $69.63 with 0.48% change on the day. The St. Louis Missouri 63121 based company is currently trading 8.02% above its 52 week low of $64.46 and -12.98% below its 52 week high of $80.02. Both the RSI indicator and target price of 52.07 and $81.11 respectively, lead us to believe that it should be put on hold over the coming weeks.

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States, Canada, and Europe. The company operates through two segments, PBM and Other Business Operations. The company’s PBM segment’s products and services include clinical solutions to enhance health outcomes; specialized pharmacy care; home delivery pharmacy; specialty pharmacy, including the distribution of fertility pharmaceuticals that require special handling or packaging; and retail network pharmacy administration. It also provides benefit design consultation; drug utilization review; drug formulary management; an array of Medicare, Medicaid, and health insurance marketplace; administration of a group purchasing organization; and consumer health and drug information services. In addition, the company distributes specialty pharmaceuticals and medical supplies to providers, clinics, and hospitals; and offers consulting services, including design, implementation, and project management for pharmaceutical, biotechnology, and device manufacturers to collect scientific evidence to guide the use of medicines. It serves managed care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans, government health programs, providers, clinics, hospitals, and others. As of December 31, 2015, the company operated four automated dispensing home delivery pharmacies; one non-automated dispensing home delivery pharmacy; and one non-dispensing home delivery pharmacy maintained for business continuity purpose, as well as several non-dispensing order processing centers, patient contact centers, specialty drug pharmacies, and fertility pharmacies. The company was formerly known as Aristotle Holding, Inc. and changed its name to Express Scripts Holding Company in April 2012. Express Scripts Holding Company was founded in 1986 and is headquartered in St. Louis, Missouri.

 

3 Stocks in Focus: Amazon.com, Inc. (AMZN), Incyte Corporation (INCY), American International Group, Inc. (AIG)

Amazon.com, Inc. (AMZN) fell -0.02% during last trading as the stock lost $-0.14 to finish the day at $836.39 with about 2.79M shares changing hands, compared to its three month average trading volume of 3.82M. The $394.49B market cap company, which fluctuated between $831.45 and $838.31 during the day, currently situated 63.47% above its 52 week low of $515.35 and -1.28% away from its one year high of $847.21. The RSI of 62.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo; and provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it provides compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Incyte Corporation (INCY) gained $2.17 to close the day at a new closing price of $123.32, a 1.79% increase in value from its previous closing price that moved the stock 104.51% above its 52 week low of $60.3. A total of 1.87M shares exchanged hands during the day compared with its three month average trading volume of 1.34M. The stock, which fluctuated between $119.62 and $125.49 during the day, currently situated -1.24% below its 52 week high. The stock is up by 4.73% in the past one month and up by 18% over the past three months. With a one year target estimate of $131.93 and RSI of 61.33, the stock still has upside potential, making it a hold for now.

Incyte Corporation focuses on the discovery, development, and commercialization of proprietary therapeutics in oncology in the United States and internationally. It offers JAKAFI for the treatment of myelofibrosis and polycythemia vera cancers. Its clinical stage products include ruxolitinib cream, which is in Phase II clinical trials for the treatment of alopecia areata; and INCB52793 that is in Phase I/II clinical trials for the treatment of advanced malignancies. The company’s clinical stage products also comprise baricitinib, which is in Phase III trials for rheumatoid arthritis, as well as completed Phase II clinical trial for psoriasis and diabetic nephropathy; and in Phase II clinical trial for atopic dermatitis. In addition, it is developing INCB39110, which is in Phase I/II trials in combination with osimertinib for lung cancer, as well as in Phase I/II trials in combination with pembrolizumab for advanced malignancies; and in Phase II clinical trial for graft versus host disease. Further, the company’s clinical stage products include epacadostat that is in Phase II clinical trial for various tumors, and in Phase I/II clinical trial for non-small cell lung cancer, as well as for advanced melanoma. Additionally, it is developing INCB54329 (BRD) and INCB53914 (PIM), which are in Phase I/II trials for the treatment of advanced malignancies; INCB50465 (PI3Kd) that is in Phase I/II trials for B-cell malignancies and solid tumors; INCB54828 (FGFR) and INCSHR1210 that are in I/II trials for solid tumors; and capmatinib that is in Phase II trial for the treatment of non-small cell lung, glioblastoma, and liver cancer. The company markets its JAKAFI product through a network of specialty pharmacy providers and wholesalers. It has collaboration agreements with Novartis International Pharmaceutical Ltd.; Eli Lilly and Company; Agenus Inc.; Pfizer Inc.; and Jiangsu Hengrui Medicine Co., Ltd. The company was founded in 1991 and is headquartered in Wilmington, Delaware.

American International Group, Inc. (AIG) had a active trading with around 7.75M shares changing hands compared to its three month average trading volume of 5.33M. The stock traded between $66.26 and $66.93 before closing at the price of $66.89 with 1.13% change on the day. The New York New York 10038 based company is currently trading 39.62% above its 52 week low of $48.41 and -0.86% below its 52 week high of $67.47. Both the RSI indicator and target price of 63.74 and $72 respectively, lead us to believe that it should be put on hold over the coming weeks.

American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance and Consumer Insurance. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis management causality insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products; various insurance products for small and medium sized enterprises; and professional liability insurance products. It also provides mortgage guaranty insurance; stable value wrap products, and structured settlement and terminal funding annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent retail and wholesale brokers, agency network, specialized marketing and consulting firms, and structured settlement brokers. Its Consumer Insurance segment offers retirement products, such as fixed annuities, and immediate and deferred income annuities; variable and fixed index annuities; and mutual funds, and plan administrative and compliance services. This segment’s products also include term and whole life, cancer, and critical illness insurance products; personal accident and supplemental health products; travel insurance products and services; automobile and homeowners, and extended warranty insurance; and identity theft and credit card protection products. It sells its products through agents, direct marketing, independent marketing organizations, financial advisors, banks, wirehouses, and broker-dealers. The company was founded in 1919 and is based in New York, New York.

 

Worth Watching Stocks: Celgene Corporation (CELG), Fidelity National Information Services, Inc. (FIS), Exxon Mobil Corporation (XOM)

Celgene Corporation (CELG) saw its value increase by 0.52% as the stock gained $0.6 to finish the day at a closing price of $117.02. The stock was lighter in trading and has fluctuated between $94.39-$127 per share for the past year. The shares, which traded within a range of $115.09 to $117.21 during the day, are down by -2.03% in the past three months and up by 2.09% over the past six months. It is currently trading 1.99% above its 20 day moving average and 0.8% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $141.22 a share over the next twelve months. The current relative strength index (RSI) reading is 54.82.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Celgene Corporation discovers, develops, and commercializes therapies to treat cancer and inflammatory diseases worldwide. It offers REVLIMID, an oral immunomodulatory drug for multiple myeloma, myelodysplastic syndromes (MDS), and mantle cell lymphoma; POMALYST/IMNOVID to treat multiple myeloma; OTEZLA, a small-molecule inhibitor of phosphodiesterase 4 for psoriatic arthritis, psoriasis, and ankylosing spondylitis; and ABRAXANE, a solvent-free chemotherapy product to treat breast, non-small cell lung, pancreatic, and gastric cancers. The company’s products also include VIDAZA, a pyrimidine nucleoside analog for intermediate-2 and high-risk MDS, chronic myelomonocytic leukemia, and acute myeloid leukemia (AML); THALOMID to treat patients with multiple myeloma and erythema nodosum leprosum; and RITALIN and FOCALIN XR products. Its clinical stage products comprise OTEZLA for use in treating various immune-inflammatory diseases; luspatercept for beta-thalassemia and MDS; CC-486 to treat MDS, AML, and solid tumors; AG-881 for glioma with IDH mutations; LSD1 inhibitor to treat non-hodgkin lymphoma and solid tumors; CC-122 and CC-220 to treat hematological and solid tumor cancers, and inflammation and immunology diseases; and durvalumab, an anti-PDL-1 antibody, for multiple hematological cancers. The company has collaborative agreements with Acceleron Pharma, Inc.; Agios Pharmaceuticals, Inc.; Sutro Biopharma, Inc.; bluebird bio, Inc.; FORMA Therapeutics Holdings, LLC; OncoMed Pharmaceuticals, Inc.; NantBioScience, Inc.; AstraZeneca PLC; Lycera Corp.; Juno Therapeutics, Inc.; Nurix Inc.; and Jounce Therapeutics, Inc.; The company was founded in 1980 and is headquartered in Summit, New Jersey.

Fidelity National Information Services, Inc. (FIS) shares were down in last trading by -0.51% to $80.5. It experienced lighter than average volume on day. The stock increased in value by almost 4.14% over the past week and grew 4.05% in the past month. It is currently trading 3.61% above its 50 day moving average and 5.74% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.09% decrease in value from its one year high of $81.67. The RSI indicator value of 58.74, lead us to believe that it is a hold for now.

Fidelity National Information Services, Inc., a financial services technology company, offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth management, risk and compliance, treasury, and insurance. It also provides financial consulting and outsourcing services. The company’s Integrated Financial Solutions segment offers various solutions, including core processing and ancillary applications; digital solutions, such as Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card solutions; item processing and output services; government payments solutions; e-payment solutions; and retail solutions to regional and community bank market in North America. Its Global Financial Solutions segment provides banking and payments solutions, and consulting and transformation services to financial institution worldwide, which include retail banking and payments services, securities processing and finance, asset management, global trading, corporate liquidity, insurance, wealth management, global commercial services, strategic consulting services, and public sector and education. The company delivers a range of information technology consulting, advisory, and transformational services to financial institutions under the Capco brand. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

Exxon Mobil Corporation (XOM) traded within a range of $82.06 to $83.1 after opening the day at $82.91. The company has seen its stock decrease in value by -7.4% so far this year. The stock was down close to -0.22% on active volume in last trading session and closed at $82.82 per share. After the recent fall, the stock is currently holding -11% below its 52 week high of $95.55 and 7.63% above its 12-month low of $79.67. The shares are down by over -2.44% in the last three months, and the RSI indicator value of 39.6 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products. As of December 31, 2015, the company had approximately 35,909 gross and 30,114 net operated wells. Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

 

Stocks Intraday Alert: Merck & Co., Inc. (MRK), Costco Wholesale Corporation (COST), The Charles Schwab Corporation (SCHW)

Merck & Co., Inc. (MRK) continued its upward trend with the stock climbing 1.37% or $0.89 to close the day at $65.66 on lower than average trading volume of 10.11M shares, compared to its three month average trading volume of 10.62M. The Kenilworth New Jersey 07033 based company has been outperforming the drug manufacturers – major companies by 3.4526% for last three months and its recent gains have pushed the stock slightly up 11.53% YTD, versus the drug manufacturers – major industry which is up 3.14% for the same period. The RSI of 67.8 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Costco Wholesale Corporation (COST) had a active trading with around 2.24M shares changing hands compared to its three month average trading volume of 2.18M. The stock traded between $171.55 and $173.64 before closing at the price of $173.63 with 0.97% change on the day. The Issaquah Washington 98027 based company is currently trading 26.36% above its 52 week low of $138.57 and 0.66% above its 52 week high of $173.64. Both the RSI indicator and target price of 75.17 and $175.46 respectively, lead us to believe that it could drop over the coming weeks.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio; meat, bakery, deli, and produces; and apparel and small appliances. It also operates gas stations, pharmacies, optical dispensing centers, food courts, and hearing-aid centers; and engages in the travel businesses. In addition, the company provides gold star individual and business membership services. As of August 28, 2016, it operated 715 warehouses, including 501 warehouses in the United States, Washington, District of Columbia, and Puerto Rico; 91 in Canada; 36 in Mexico; 28 in the United Kingdom; 25 in Japan; 12 in Korea; 12 in Taiwan; 8 in Australia; and 2 in Spain. Further, the company sells its products through online. The company was formerly known as Costco Companies, Inc. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

The Charles Schwab Corporation (SCHW) traded within a range of $40.44 to $41.49 after opening the day at $40.69. The company has seen its stock increase in value by 4.75% so far this year. The stock was up close to 1.33% on light volume in last trading session and closed at $41.26 per share. After the recent gain, the stock is currently holding -2.97% below its 52 week high of $42.61 and 81.02% above its 12-month low of $23. The shares are up by over 14.59% in the last three months, and the RSI indicator value of 56.3 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, money management, custody, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business. The Advisor Services segment provides custodial, trading, and support services; and retirement and corporate brokerage retirement services. The company provides brokerage accounts with cash management capabilities; third-party mutual funds through the Mutual Fund Marketplace, including no-transaction fee mutual funds through the Mutual Fund OneSource service, which includes proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; exchange-traded funds (ETFs), including proprietary and third-party ETFs; and advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. It also offers banking products and services, including checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans, home equity loans and lines of credit, and Pledged Asset Lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. The company serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, London, and Hong Kong. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.

 

Traders Recap: TransDigm Group Incorporated (TDG), United Parcel Service, Inc. (UPS), Analog Devices, Inc. (ADI)

TransDigm Group Incorporated (TDG) continued its downward trend with the stock declining -0.8% or $-2.01 to close the day at $250.2 on higher than average trading volume of 1.2M shares, compared to its three month average trading volume of 1.05M. The Cleveland Ohio 44114 based company has been outperforming the aerospace/defense products & services companies by -8.1776% for last three months and its recent losses have trimmed gains to 0.5% YTD, versus the aerospace/defense products & services industry which is up 5.65% for the same period. The RSI of 62.19 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States. The company’s Power & Control segment provides mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems. This segment serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. Its Airframe segment offers engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, aircraft audio systems, lavatory components, seat belts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, and cargo delivery systems. This segment serves airframe manufacturers, cabin system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The company’s Non-aviation segment provides seat belts and safety restraints for ground transportation applications; mechanical/electro-mechanical actuators and controls for space applications; and refueling systems for heavy equipment. It serves off-road vehicle and subsystem, child restraint system, and satellite and space system suppliers; and manufacturers of heavy equipment. The company also offers aerospace pneumatic and hydraulic components and subsystems for commercial transport, regional, business jet, and military applications; extruded plastic interior parts for use in the commercial aerospace industry; faucets and related products for use on commercial transports and regional jets; and unit load devices. TransDigm Group Incorporated was founded in 1993 and is based in Cleveland, Ohio.

United Parcel Service, Inc. (UPS) had a active trading with around 5.88M shares changing hands compared to its three month average trading volume of 2.85M. The stock traded between $107.62 and $109.34 before closing at the price of $108.99 with 0.45% change on the day. The Atlanta Georgia 30328 based company is currently trading 16.84% above its 52 week low of $95.33 and -9.51% below its 52 week high of $120.44. Both the RSI indicator and target price of 42.54 and $114.61 respectively, lead us to believe that it should be put on hold over the coming weeks.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services in Europe, the Asia Pacific, Canada and Latin America, the Indian sub-continent, the Middle East, and Africa. It offers guaranteed time-definite express options, including Express Plus, Express, and Express Saver. The Supply Chain & Freight segment offers international air and ocean freight forwarding, customs brokerage, truckload freight brokerage, distribution and post-sales services, and mail and consulting services in approximately 220 countries and territories; and less-than-truckload and truckload services to customers in North America. The company also offers shipping, visibility, and billing technologies; and insurance, financing, and payment services. It operates a fleet of approximately 110,000 package cars, vans, tractors, and motorcycles; and owns 33,000 containers used to transport cargo in its aircraft. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.

Analog Devices, Inc. (ADI) traded within a range of $77.07 to $77.97 after opening the day at $77.84. The company has seen its stock increase in value by 7.19% so far this year. The stock was down close to -0.1% on light volume in last trading session and closed at $77.84 per share. After the recent fall, the stock is currently holding -0.24% below its 52 week high of $78.03 and 60.73% above its 12-month low of $50.1. The shares are up by over 19.84% in the last three months, and the RSI indicator value of 64.98 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

 

Stocks Buzz: Expeditors International of Washington, Inc. (EXPD), KeyCorp (KEY), Tiffany & Co. (TIF)

Expeditors International of Washington, Inc. (EXPD) continued its upward trend with the stock climbing 0.22% or $0.12 to close the day at $55.21 on active trading volume of 1.66M shares, compared to its three month average trading volume of 1.31M. The Seattle Washington 98104 based company has been outperforming the air delivery & freight services group over the past 52 weeks, with the stock gaining 20.42%, compared to the industry which has advanced 21.87% over the same period. With RSI of 65.28, the stock should still continue to rise and get closer to its one year target estimate of $50.92, making it a hold for now.

Expeditors International of Washington, Inc. provides logistics services. The company offers airfreight services, including air freight consolidation and forwarding; ocean freight and ocean services comprising ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage and other services, such as multi-modal shipping, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, cargo insurance, and other logistics solutions. It acts as a freight consolidator or as an agent for the airline, which carries the shipment. The company offers ancillary services that include preparation of shipping and customs documentation, packing, crating and insurance services, negotiation of letters of credit, and the preparation of documentation to comply with local export laws. The company’s customers primarily include retailers and distributors of consumer electronics, department store chains, and clothing and shoe wholesalers, as well as high-tech, industrial, and automotive manufacturers. It operates in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. Expeditors International of Washington, Inc. was founded in 1979 and is headquartered in Seattle, Washington.

KeyCorp (KEY) grew with the stock adding 2.22% or $0.41 to close at $18.87 on active trading volume of 9.95M compared its three months average trading volume of 13.45M. The Cleveland Ohio 44114 based company operating under the Regional – Midwest Banks industry has been trending up for the last 52 weeks, with the shares price now 77.49% up for the period and up by 3.28% so far this year. With price target of $19.9 and a 89.28% rebound from 52-week low, KeyCorp has plenty of upside potential, making it a hold with a view buy.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services. As of December 31, 2015, the company operated 966 retail banking branches and 1,257 automated teller machines in 12 states, as well as a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

Tiffany & Co. (TIF) continued its upward trend with the stock climbing 1.63% or $1.33 to close the day at $82.96 on lower than average trading volume of 1.28M shares, compared to its three month average trading volume of 1.93M. The New York New York 10022 based company has been underperforming the jewelry stores companies by 3.9392% for last three months and its recent gains have pushed the stock slightly up 7.14% YTD, versus the jewelry stores industry which is down -3.91% for the same period. The RSI of 61.7 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Tiffany & Co., through its subsidiaries, designs, manufactures, and retails jewelry and other items worldwide. Its jewelry products include fine and solitaire jewelry; engagement rings and wedding bands; and non-gemstone, sterling silver, and gold jewelry. The company also sells timepieces, leather goods, sterling silverware, china, crystal, stationery, fragrances, and accessories. In addition, it wholesales diamonds to third parties. The company offers its products through retail sales, Internet and catalog sales, business-to-business sales, and wholesale distribution. As of January 31, 2016, it operated 124 stores in the Americas, 81 stores in the Asia-Pacific, 56 stores in Japan, 41 stores in Europe, and 5 stores in the United Arab Emirates. Tiffany & Co. was founded in 1837 and is headquartered in New York, New York.

 

Three Movers to Watch for: The Hartford Financial Services Group, Inc. (HIG), CarMax Inc. (KMX), Union Pacific Corporation (UNP)

The Hartford Financial Services Group, Inc. (HIG) grew with the stock adding 0.94% or $0.45 to close at $48.5 on active trading volume of 2.54M compared its three months average trading volume of 2.52M. The Hartford Connecticut 06155 based company operating under the Property & Casualty Insurance industry has been trending up for the last 52 weeks, with the shares price now 20.13% up for the period and up by 1.78% so far this year. With price target of $52.42 and a 25.88% rebound from 52-week low, The Hartford Financial Services Group, Inc. has plenty of upside potential, making it a hold with a view buy.

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.

CarMax Inc. (KMX) gained $0.72 to close the day at a new closing price of $68.22, a 1.07% increase in value from its previous closing price that moved the stock 56.94% above its 52 week low of $42.09. A total of 1.31M shares exchanged hands during the day compared with its three month average trading volume of 2.04M. The stock, which fluctuated between $67.3 and $68.31 during the day, currently situated -0.93% below its 52 week high. The stock is up by 1.56% in the past one month and up by 24.53% over the past three months. With a one year target estimate of $67.4 and RSI of 63.94, the stock still has upside potential, making it a hold for now.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to customers at the time of sale. The company also offers reconditioning and vehicle repair services; and provides financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with other financial institutions. In addition, it sells new vehicles under franchise agreements. As of December 20, 2016, the company operated 169 used car stores in 39 states. The company was founded in 1993 and is based in Richmond, Virginia.

Union Pacific Corporation (UNP) shares were up in last trading by 0.78% to $109.16. It experienced lighter than average volume on day. The stock increased in value by almost 1.4% over the past week and grew 3.71% in the past month. It is currently trading 3.5% above its 50 day moving average and 15.58% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.99% decrease in value from its one year high of $111.38. The RSI indicator value of 61.16, lead us to believe that it is a hold for now.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. The company also provides transportation services for coal, petroleum coke, and biomass; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export container traffic. Its rail network includes 32,070 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska.

 

Eye Catching Stocks: Fitbit, Inc. (FIT), Groupon, Inc. (GRPN), Glu Mobile Inc. (GLUU)

Fitbit, Inc. (FIT) failed to extend gains with the stock declining -2.22% or $-0.13 to close the day at $5.73 on active trading volume of 7M shares, compared to its three month average trading volume of 11.2M. The San Francisco California 94105 based company has been underperforming the scientific & technical instruments group over the past 52 weeks, with the stock losing -58.9%, compared to the industry which has advanced 49.28% over the same period. With RSI of 28.14, the stock should still continue to rise and get closer to its one year target estimate of $8, making it a hold for now.

Fitbit, Inc. provides wearable health and fitness tracking devices. It offers various products, including Fitbit Zip, an entry-level wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, an activity and sleep wristband, which tracks steps, distance, calories burned, active minutes, floors climbed, and sleep. The company also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the user’s phone and SmartTrack automatic exercise recognition; and Fitbit Charge HR, a wireless heart rate and activity wristband. In addition, it offers Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and provides run cues; Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch; Aria, a Wi-Fi connected scale that tracks weight, body fat percentage, and body mass index; and Fitbit accessories that include bands and frames for Fitbit Blaze, bands for Fitbit Alta, colored bands for Fitbit Flex, colored clips for Fitbit One and Fitbit Zip, device charging cables, wireless sync dongles, band clasps, sleep bands, and Fitbit apparel. The company offers its products through consumer electronics and specialty retailers, e-Commerce retailers, sporting goods and outdoors retailers, and wireless carriers; and corporate wellness channels, as well as directly worldwide. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Groupon, Inc. (GRPN) fell -0.56% during last trading as the stock lost $-0.02 to finish the day at $3.56 with about 6.95M shares changing hands, compared to its three month average trading volume of 12.03M. The $2.06B market cap company, which fluctuated between $3.54 and $3.63 during the day, currently situated 65.58% above its 52 week low of $2.66 and -40.07% away from its one year high of $5.94. The RSI of 51.07 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. The company was founded in 2008 and is headquartered in Chicago, Illinois. Groupon, Inc. is a subsidiary of The Point, LLC.

Glu Mobile Inc. (GLUU) saw its value decrease by -0.94% as the stock dropped $-0.02 to finish the day at a closing price of $2.11. The stock was higher in trading and has fluctuated between $1.73-$4 per share for the past year. The shares, which traded within a range of $2.06 to $2.17 during the day, are up by 13.44% in the past three months and down by -2.31% over the past six months. It is currently trading -9.15% below its 20 day moving average and -4.66% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $2.64 a share over the next twelve months. The current relative strength index (RSI) reading is 39.38. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, celebrity, sports, and simulation genre mobile games. It creates games based on its own brands, including Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, Tap Sports Baseball, and Tap Sports Football. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, Kendall and Kylie, Katy Perry Pop, James Bond: World of Espionage, Mission Impossible: Rogue Nation, and Sniper X With Jason Statham. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.

 

3 Stocks in Focus: AK Steel Holding Corporation (AKS), United States Steel Corporation (X), Plug Power Inc. (PLUG)

AK Steel Holding Corporation (AKS) climbed 4.41% during last trading as the stock added $0.37 to finish the day at $8.76 with about 36.67M shares changing hands, compared to its three month average trading volume of 22.42M. The $2.84B market cap company, which fluctuated between $8.37 and $8.81 during the day, currently situated 315.17% above its 52 week low of $2.19 and -23.09% away from its one year high of $11.39. The RSI of 48.72 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

United States Steel Corporation (X) gained $2.11 to close the day at a new closing price of $39.71, a 5.61% increase in value from its previous closing price that moved the stock 500.4% above its 52 week low of $6.94. A total of 25.67M shares exchanged hands during the day compared with its three month average trading volume of 18.03M. The stock, which fluctuated between $38.58 and $40.39 during the day, currently situated 1.61% above its 52 week high. The stock is up by 21.17% in the past one month and up by 61.27% over the past three months. With a one year target estimate of $34.13 and RSI of 66.64, 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.

Plug Power Inc. (PLUG) had a light trading with around 24.6M shares changing hands compared to its three month average trading volume of 4.13M. The stock traded between $1.06 and $1.31 before closing at the price of $1.1 with -6.78% change on the day. The Latham New York 12110 based company is currently trading 32.53% above its 52 week low of $0.83 and -51.75% below its 52 week high of $2.28. Both the RSI indicator and target price of 50.28 and $2.26 respectively, lead us to believe that it should be put on hold over the coming weeks.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States. The company focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. Its product line includes GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and GenFund, which offers financing solutions to customers. The company sells its products to businesses and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.