Chris Butler

3 Stocks to Watch For: Oclaro, Inc. (OCLR), Pfizer Inc. (PFE), Apple Inc. (AAPL)

Oclaro, Inc. (OCLR) saw its value increase by 16.61% as the stock gained $1.35 to finish the day at a closing price of $9.48. The stock was higher in trading and has fluctuated between $3.27-$10.19 per share for the past year. The shares are up by 18.2% in the past three months and up by 75.88% over the past six months. It is currently trading 7.78% above its 20 day moving average and 7.71% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $12.19 a share over the next twelve months. The current relative strength index (RSI) reading is 59.32.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

Pfizer Inc. (PFE) shares were down in last trading by -1.03% to $31.7. It experienced lighter than average volume on day. The stock decreased in value by almost -3.44% over the past week and fell -3.47% in the past month. It is currently trading -1.44% below its 50 day moving average and -4.73% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.66% decrease in value from its one year high of $37.39. The RSI indicator value of 36.03, lead us to believe that it is a hold for now.

Pfizer Inc. discovers, develops, manufactures, and sells healthcare products worldwide. It operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments. The GIP segment develops and commercializes medicines for various therapeutic areas, including inflammation/immunology, cardiovascular/metabolic, neuroscience/pain, and rare diseases. The VOC segment develops and commercializes vaccines, as well as products for oncology and consumer healthcare. It provides over-the-counter products comprising dietary supplements under the Centrum, Caltrate, and Emergen-C brands; pain management products under the Advil and ThermaCare brands; gastrointestinal products under the Nexium 24HR/Nexium Control and Preparation H brands; and respiratory and personal care products under the brand names of Robitussin, Advil Cold & Sinus, Advil Sinus Congestion Relief & Pain, Dimetapp, and ChapStick. The GEP segment offers products that have lost marketing exclusivity in various markets; and branded generics, generic sterile injectable products, biosimilars, infusion systems, and other products. The company serves wholesalers, retailers, hospitals, clinics, government agencies, pharmacies, and individual provider offices, as well as centers for disease control and prevention. It has licensing agreements with Cellectis SA and AstraZeneca PLC; collaborative agreements with Eli Lilly & Company, OPKO Health, Inc., BioRap Technologies LTD., Merck KGaA, and Transgene S.A.; and a research and development agreement with the National Cancer Institute. The company has a partnership with The University of Pittsburgh; and a strategic collaboration agreement with IGNITE Immunotherapy Inc. It also has a collaboration with AbCellera Biologics Inc. to discover therapeutic antibodies against undisclosed membrane protein targets. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

Apple Inc. (AAPL) opening the day at $119.4. The company has seen its stock increase in value by 3.42% so far this year. The stock was down close to -0.18% on light volume in last trading session and closed at $119.78 per share. After the recent fall, the stock is currently holding -0.6% below its 52 week high of $120.5 and 35.29% above its 12-month low of $89.47. The shares are up by over 2.49% in the last three months, and the RSI indicator value of 70.51 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

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.

 

Stocks Roundup: Rent-A-Center, Inc. (RCII), Huntington Bancshares Incorporated (HBAN), Whiting Petroleum Corporation (WLL)

Rent-A-Center, Inc. (RCII) retreated with the stock falling -18.45% or $-1.88 to close at $8.31 on active trading volume of 10.25M compared its three months average trading volume of 1.14M. The Plano Texas 75024 based company operating under the Rental & Leasing Services industry has been trending down for the last 52 weeks, with the shares price now -34.43% down for the period and down by -25.6% so far this year. With price target of $11.33 and a 4.62% rebound from 52-week low, Rent-A-Center, Inc. has plenty of upside potential, making it a hold with a view buy.

Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis. The company operates through four segments: Core U.S., Acceptance Now, Mexico, and Franchising. It offers durable products, such as consumer electronics; appliances; computers, including tablets; smartphones; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and offers the rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks within retailer’s locations. It operates retail installment sales stores under the Get It Now and Home Choice names; and rent-to-own and franchised rent-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names. As of December 31, 2015, the company owned and operated approximately 2,672 stores in the United States, Canada, and Puerto Rico, including 45 retail installment sales stores; 1,444 Acceptance Now kiosk locations in 40 states and Puerto Rico; 532 Acceptance Now direct locations; and 143 stores in Mexico, as well as franchised 227 rent-to-own stores in 31 states under the Rent-A-Center, ColorTyme, and RimTyme names. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.

Huntington Bancshares Incorporated (HBAN) had a light trading with around 10.14M shares changing hands compared to its three month average trading volume of 14.88M. The stock traded at the price of $13.01 with -1.06% change on the day. The Columbus Ohio 43287 based company is currently trading 70.85% above its 52 week low of $7.83 and -4.83% below its 52 week high of $13.67. Both the RSI indicator and target price of  and $14.47 respectively, lead us to believe that it could rise over the coming weeks.

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

Whiting Petroleum Corporation (WLL) saw its value decrease by -1.5% as the stock dropped $-0.18 to finish the day at a closing price of $11.86. The stock was lighter in trading and has fluctuated between $3.35-$14.44 per share for the past year. The shares, which traded within a range of $11.77 to $12.18 during the day, are up by 41.87% in the past three months and up by 34.77% over the past six months. It is currently trading -4.4% below its 20 day moving average and 5.76% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $13.96 a share over the next twelve months. The current relative strength index (RSI) reading is 49.22.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

 

Stocks Trending Alert: BB&T Corporation (BBT), Delta Air Lines, Inc. (DAL), Mondelez International, Inc. (MDLZ)

BB&T Corporation (BBT) saw its value decrease by -1.97% as the stock dropped $-0.91 to finish the day at a closing price of $45.29. The stock was higher in trading and has fluctuated between $29.95-$47.85 per share for the past year. The shares, which traded within a range of $44.81 to $46.12 during the day, are up by 20.45% in the past three months and up by 26.24% over the past six months. It is currently trading -3.46% below its 20 day moving average and 0% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $48.33 a share over the next twelve months. The current relative strength index (RSI) reading is 40.59.The technical indicator lead us to believe there will be no major movement any time soon, hold.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Delta Air Lines, Inc. (DAL) shares were down in last trading by -1.19% to $49.7. It experienced lighter than average volume on day. The stock decreased in value by almost -3.38% over the past week and fell -0.92% in the past month. It is currently trading 1.34% above its 50 day moving average and 18% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.8% decrease in value from its one year high of $52.76. The RSI indicator value of 47.37, lead us to believe that it is a hold for now.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile, telephone reservations, traditional brick and mortar, and online travel agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 3, 2016, the company operated a fleet of approximately 800 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Mondelez International, Inc. (MDLZ) opening the day at $45.01. The company has seen its stock increase in value by 0.59% so far this year. The stock was down close to -0.98% on light volume in last trading session and closed at $44.59 per share. After the recent fall, the stock is currently holding -3.49% below its 52 week high of $46.4 and 26.42% above its 12-month low of $35.88. The shares are up by over 6.31% in the last three months, and the RSI indicator value of 52.44 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Mondelez International, Inc., through its subsidiaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, including cookies, crackers, and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products. Its primary brand portfolio includes LU, Nabisco and Oreo biscuits; Cadbury, Cadbury Dairy Milk, and Milka chocolates; Trident gum; Jacobs Kaffee; and Tang powdered beverages. Mondelez International, Inc. sells its products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets through direct store delivery, company owned and satellite warehouses, distribution centers, and other facilities, as well as through independent sales offices and agents. The company was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. Mondelez International, Inc. was founded in 2000 and is based in Deerfield, Illinois.

 

Traders Recap: The Williams Companies, Inc. (WMB), AdvancePierre Foods Holdings, Inc. (APFH), International Business Machines Corporation (IBM)

The Williams Companies, Inc. (WMB) managed to rebound with the stock climbing 0.39% or $0.11 to close the day at $28.45 on lower than average trading volume of 6.71M shares, compared to its three month average trading volume of 8.97M. The Tulsa Oklahoma 74172 based company has been outperforming the oil & gas pipelines companies by -2.1197% for last three months and its recent losses have pulled the stock down -8.64% YTD, versus the oil & gas pipelines industry which is up 0.87% for the same period. The RSI of 38.13 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates through Williams Partners, Williams NGL (natural gas liquids) & Petchem Services, and Other segments. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area. The company also owns and operates a natural gas pipeline system extending from the San Juan basin in northwestern New Mexico and southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington; gulfstream natural gas pipeline system extending from the Mobile Bay area in Alabama to markets in Florida; and constitution pipeline that would connect its gathering system in Susquehanna County, Pennsylvania to the Iroquois Gas Transmission and Tennessee Gas Pipeline systems in New York. In addition, it provides natural gas gathering, treating, processing, and compression; NGL production, fractionation, storage, marketing, and transportation; deepwater production handling and crude oil transportation; and olefin production services, as well as transports and stores natural gas to local natural gas distribution companies, municipal utilities, direct industrial users, electric power generators, and natural gas marketers and producers. Further, the company extracts, fractionates, treats, stores, and sells ethane/ethylene, propane, propylene, normal butane, isobutene, alky feedstock, and condensate. Additionally, it provides construction management services for third parties. As of December 31, 2015, the company owned and operated approximately 13,600 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

AdvancePierre Foods Holdings, Inc. (APFH) had a active trading with around 6.65M shares changing hands compared to its three month average trading volume of 305.23K. The stock traded between $27 and $27.7 before closing at the price of $27.08 with -2.69% change on the day. The Blue Ash Ohio 45242 based company is currently trading 19.07% above its 52 week low of $22.99 and -9.31% below its 52 week high of $29.86. Both the RSI indicator and target price of 40.21 and $30 respectively, lead us to believe that it should be put on hold over the coming weeks.

AdvancePierre Foods Holdings, Inc. produces and distributes ready-to-eat sandwiches, sandwich components, and other entrées and snacks. It markets and distributes a line of products in various product categories, including ready-to-eat sandwiches, such as breakfast sandwiches, peanut butter and jelly sandwiches, and hamburgers; sandwich components comprising fully-cooked hamburger and chicken patties, and Philly steaks; and other entrées and snacks that include country fried steak, stuffed entrées, chicken tenders, and cinnamon dough bites. AdvancePierre Foods Holdings, Inc. sells its value-added products to the foodservice, retail, convenience, and industrial channels. The company was formerly known as Pierre Foods Holding Corporation and changed its name to AdvancePierre Foods Holdings, Inc. in March 2016. AdvancePierre Foods Holdings, Inc. was incorporated in 2008 and is headquartered in Blue Ash, Ohio.

International Business Machines Corporation (IBM) traded within a range of $165.8 to $167.45 after opening the day at $166.96. The company has seen its stock increase in value by 0.49% so far this year. The stock was up close to 0.01% on active volume in last trading session and closed at $166.81 per share. After the recent gain, the stock is currently holding -1.85% below its 52 week high of $169.95 and 46.75% above its 12-month low of $116.9. The shares are up by over 11.68% in the last three months, and the RSI indicator value of 51.69 is neither bullish nor bearish, tempting investors to stay on the sidelines.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure services, such as IT outsourcing, integrated technology, cloud, and technology support services. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and analytics; application management, maintenance, and support services; and processing platforms and business process outsourcing services. The company’s Software segment provides middleware and operating systems software, including WebSphere software to integrate and manage business processes; information management software that enables clients to integrate, manage, and analyze data from various sources; Tivoli software that manages business infrastructure in real time; Workforce Solutions, which enables businesses to connect people and processes; and Rational software that supports software development. This segment also provides Watson software to interact in natural language, process big data, and learn from interactions with people and computers; Watson Health that offers data analytics and insights of individual health; and Watson Internet of Things that allows direct sensing and communication of data. Its Systems Hardware segment offers infrastructure technologies, such as servers for businesses, organizations, and technical computing applications; and data storage products and solutions. The company’s Global Financing segment provides lease and loan financing; commercial financing to suppliers, distributors, and remarketers; and remanufacturing and remarketing services. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. The company was founded in 1910 and is headquartered in Armonk, New York.

 

Worth Watching Stocks: CVS Health Corporation (CVS), Hecla Mining Company (HL), Immune Pharmaceuticals, Inc. (IMNP)

CVS Health Corporation (CVS) saw its value decrease by -0.41% as the stock dropped $-0.34 to finish the day at a closing price of $83.2. The stock was lighter in trading and has fluctuated between $69.3-$106.67 per share for the past year. The shares, which traded within a range of $82.32 to $83.86 during the day, are down by -4.1% in the past three months and down by -13.8% over the past six months. It is currently trading 2.93% above its 20 day moving average and 5.88% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $87.95 a share over the next twelve months. The current relative strength index (RSI) reading is 65.53.The technical indicator lead us to believe there will be no major movement any time soon, hold.

CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services. It operates through Pharmacy Services and Retail/LTC segments. The Pharmacy Services segment offers pharmacy benefit management solutions, such as plan design and administration, formulary management, Medicare Part D services, mail order and specialty pharmacy services, retail pharmacy network management services, prescription management systems, clinical services, disease management programs, and medical pharmacy management services. This segment serves employers, insurance companies, unions, government employee groups, health plans, managed Medicaid plans and plans offered on public and private exchanges, other sponsors of health benefit plans, and individuals under the CVS Caremark Pharmacy Services, Caremark, CVS Caremark, CarePlus CVS Pharmacy, CVS Specialty, Accordant, SilverScript, NovoLogix, Coram, Navarro Health Services, and Advanced Care Scripts names. As of December 31, 2015, it operated 24 retail specialty pharmacy stores, 11 specialty mail order pharmacies and 5 mail order dispensing pharmacies, and 83 branches for infusion and enteral services. The Retail/LTC segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, seasonal merchandise, and greeting cards, as well as provides photo finishing services. It operates 9,655 retail stores in 49 states, the District of Columbia, Puerto Rico, and Brazil primarily under the CVS Pharmacy, CVS, Longs Drugs, Navarro Discount Pharmacy, and Drogaria Onofre names; online retail pharmacy Websites; and 32 onsite pharmacy stores, long-term care pharmacy operations, and retail health care clinics. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1892 and is headquartered in Woonsocket, Rhode Island.

Hecla Mining Company (HL) shares were down in last trading by -0.33% to $6.04. It experienced lighter than average volume on day. The stock increased in value by almost 4.32% over the past week and grew 12.06% in the past month. It is currently trading 1.59% above its 50 day moving average and 12.19% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -20.9% decrease in value from its one year high of $7.64. The RSI indicator value of 58.74, lead us to believe that it is a hold for now.

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers. It owns 100% interests in the Greens Creek mine located on Admiralty Island in Southeast Alaska; the Lucky Friday unit located in the Coeur d’Alene mining district in northern Idaho; the Casa Berardi mine located in the Abitibi region of north-western Quebec, Canada; and the San Sebastian unit located in the state of Durango, Mexico. The company was founded in 1891 and is based in Coeur d’Alene, Idaho.

Immune Pharmaceuticals, Inc. (IMNP) opening the day at $0.22. The company has seen its stock increase in value by 12.69% so far this year. The stock was down close to -6.13% on light volume in last trading session and closed at $0.21 per share. After the recent fall, the stock is currently holding -67.95% below its 52 week high of $0.64 and 32.24% above its 12-month low of $0.1551. The shares are down by over -14.51% in the last three months, and the RSI indicator value of 54.02 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Immune Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, develops and commercializes novel targeted therapeutics in the immuno-inflammation and immuno-oncology areas. The company’s lead product candidate is Bertilimumab, a human monoclonal antibody, which is in Phase II clinical trial for the treatment of ulcerative colitis, bullous pemphigoid, and Crohn’s disease. It is also developing NanoCyclo, a topical nanocapsule formulation of cyclosporine, for the treatment of psoriasis and atopic dermatitis; Ceplene, a small molecule, which has completed Phase III clinical trials targeting the Histamine-2 Receptor to overcome immunosuppression in Acute Myeloid Leukemia and other malignancies; Azixa, a Phase II clinical trial novel microtubular destabilizer that functions as a vascular disruption agent; and Crolibulin, a novel small molecule vascular disruption agent and apoptosis inducer, which is in Phase II clinical trials for the treatment of patients with solid tumors. The company’s products also include NanomAbs technology platform, an antibody-drug conjugate platform for the treatment of cancer; novel technology platform for the construction of bispecific antibodies for immunotherapies; and AmiKet, a prescription topical analgesic cream, which is in Phase III clinical trial to treat peripheral neuropathies. It has license, and other collaborative research and development arrangements with BioNanoSim Ltd.; Yissum Research Development Company of The Hebrew University of Jerusalem Ltd.; Atlante Biotech SAS; Shire Biochem, Inc.; Lonza Sales AG; MabLife SAS; iCo Therapeutics Inc.; Dalhousie University; and Endo Pharmaceuticals Inc. Immune Pharmaceuticals, Inc. was founded in 2010 and is headquartered in New York, New York.

 

Stocks Trend Analysis: EnteroMedics Inc. (ETRM) PulteGroup, Inc. (PHM) The Interpublic Group of Companies, Inc. (IPG)

EnteroMedics Inc. (ETRM) managed to rebound with the stock climbing 9.61% or $0.54 to close the day at $6.16 on active trading volume of 5M shares, compared to its three month average trading volume of 12.05M. The St. Paul Minnesota 55113 based company has been outperforming the medical appliances & equipment group over the past 52 weeks, with the stock gaining 417.65%, compared to the industry which has advanced 14.14% over the same period. With RSI of 49.45, the stock should still continue to rise and get closer to its one year target estimate of $140, making it a hold for now.

EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. The company develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness. It has collaboration with Mayo Clinic for the development and testing of products for the treatment of obesity. The company was formerly known as Beta Medical, Inc. and changed its name to EnteroMedics Inc. in 2003. EnteroMedics Inc. was founded in 2002 and is headquartered in St. Paul, Minnesota.

PulteGroup, Inc. (PHM) retreated with the stock falling -1.41% or $-0.27 to close at $18.94 on active trading volume of 5M compared its three months average trading volume of 5.42M. The Atlanta Georgia 30326 based company operating under the Residential Construction industry has been trending up for the last 52 weeks, with the shares price now 24% up for the period and up by 3.05% so far this year. With price target of $22.35 and a 32.15% rebound from 52-week low, PulteGroup, Inc. has plenty of upside potential, making it a hold with a view buy.

PulteGroup, Inc., through its subsidiaries, engages primarily in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes John Wieland Homes, and Neighborhoods names. As of March 31, 2016, the company controlled 102,580 owned lots and 43,072 lots under land option agreements. It also arranges financing through the origination of mortgage loans, principally for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.

The Interpublic Group of Companies, Inc. (IPG) failed to extend gains with the stock declining -2.04% or $-0.48 to close the day at $23.05 on higher than average trading volume of 4.99M shares, compared to its three month average trading volume of 4.12M. The New York New York 10022 based company has been outperforming the advertising agencies companies by 2.7166% for last three months and its recent gains have offset losses to -1.54% YTD, versus the advertising agencies industry which is up 0.85% for the same period. The RSI of 39.3 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. It operates through two segments, Integrated Agency Networks and Constituency Management Group. The company offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines. It also provides various diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. The company’s brands comprise McCann, MullenLowe, IPG Mediabrands, Carmichael Lynch, Deutsch, Hill Holliday, and The Martin Agency, as well as Foote, Cone & Belding. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.

 

Momentum Stocks in Focus: Weyerhaeuser Co. (WY), Catabasis Pharmaceuticals, Inc. (CATB), Invesco Ltd. (IVZ)

Weyerhaeuser Co. (WY) continued its downward trend with the stock declining -0.95% or $-0.29 to close the day at $30.21 on active trading volume of 3.99M shares, compared to its three month average trading volume of 3.83M. The Federal Way Washington 98003 based company has been outperforming the lumber, wood production group over the past 52 weeks, with the stock gaining 27.96%, compared to the industry which has advanced 35.57% over the same period. With RSI of 44.25, the stock should still continue to rise and get closer to its one year target estimate of $34.88, making it a hold for now.

Weyerhaeuser Co. is a real estate investment trust. It primarily invests in United States. The firm operates under four business segments, timberlands, wood products, cellulose fibers and real estate. It owns timberlands primarily in the U.S and has long-term licenses in Canada. The firm manufactures wood and specialty cellulose fibers products, and develops real estate, primarily as a builder of single-family homes. Weyerhaeuser Co was founded in 1900 and is based in Seattle, Washington.

Catabasis Pharmaceuticals, Inc. (CATB) grew with the stock adding 19.76% or $0.82 to close at $4.97 on active trading volume of 3.99M compared its three months average trading volume of 115.93K. The Cambridge Massachusetts 02139 based company operating under the Biotechnology industry has been trending down for the last 52 weeks, with the shares price now -18.39% down for the period and up by 37.67% so far this year. With price target of $17 and a 54.35% rebound from 52-week low, Catabasis Pharmaceuticals, Inc. has plenty of upside potential, making it a hold with a view buy.

Catabasis Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics to treat inflammatory and metabolic diseases. Its product pipeline includes CAT-1004, an oral small molecule that has completed Phase 1 clinical trials for the treatment of duchenne muscular dystrophy (DMD); CAT-2054, which is in Phase I clinical trial for the treatment of hypercholesterolemia in patients for whom existing treatments are insufficient; and CAT-2003 that has completed Phase IIa trials for the treatment of patients with elevated triglycerides or hypertriglyceridemia. It is also developing CAT-4001 that is in preclinical stage for the treatment for severe, rare neurodegenerative diseases, such as Friedreich’s ataxia and amyotrophic lateral sclerosis. The company has collaboration agreements with dystrophy association for the development of CAT-1004, a treatment for DMD; and Sarepta Therapeutics, Inc. to explore a combination drug treatment approach for DMD. Catabasis Pharmaceuticals, Inc. was founded in 2008 and is based in Cambridge, Massachusetts.

Invesco Ltd. (IVZ) managed to rebound with the stock declining -1.24% or $-0.38 to close the day at $30.17 on higher than average trading volume of 3.96M shares, compared to its three month average trading volume of 3.45M. The  based company has been outperforming the asset management companies by 2.7883% for last three months and its recent gains have offset losses to -0.56% YTD, versus the asset management industry which is up 0.36% for the same period. The RSI of 38.55 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

 

Stocks Under Review: National Oilwell Varco, Inc. (NOV), Arconic Inc. (ARNC), Anadarko Petroleum Corporation (APC)

National Oilwell Varco, Inc. (NOV) managed to rebound with the stock climbing 1.28% or $0.48 to close the day at $37.9 on light trading volume of 3.71M shares, compared to its three month average trading volume of 3.73M. The Houston Texas 77036 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 29.98%, compared to the industry which has advanced 47.36% over the same period. With RSI of 50.3, the stock should still continue to rise and get closer to its one year target estimate of $34.45, making it a hold for now.

National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide. It operates through four segments: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components. This segment provides substructures, derricks, and masts; cranes; pipe lifting, racking, rotating, and assembly systems; fluid transfer technologies, such as mud pumps; pressure control equipment; power transmission systems; and rig instrumentation and control systems. The Rig Aftermarket segment offers spare parts; and repair and rental services, as well as technical support, field and first well support, field engineering, and customer training services. The Wellbore Technologies segment designs, manufactures, rents, and sells various equipment and technologies. This segment also provides solids control and waste management equipment and services, drilling fluids, power generation equipment, drill and wired pipes, instruments, measuring and monitoring equipment, downhole and fishing tools, hole openers, and drill bits, as well as drilling optimization and automation, tubular inspection, repair and coating, and rope access inspection services. The Completion and Production Solutions segment offers pressure pumping trucks and pumps, blenders, sanders, hydration units, injection units, flowlines, manifolds, and wellheads; well intervention tools; offshore production comprising composite pipes, process equipment, floating production systems, and subsea production technologies; and onshore production, including surface transfer and progressive cavity pumps, reciprocating pumps, pressure vessels, and artificial lift systems. The company was founded in 1862 and is headquartered in Houston, Texas.

Arconic Inc. (ARNC) grew with the stock adding 2.06% or $0.43 to close at $21.31 on light trading volume of 3.68M compared its three months average trading volume of 6.39M. The New York New York 10022 based company has been trending up for the last 52 weeks, with the shares price now 42.76% up for the period and up by 14.94% so far this year. With price target of $23.2 and a 56.71% rebound from 52-week low, Arconic Inc. has plenty of upside potential, making it a hold with a view buy.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

Anadarko Petroleum Corporation (APC) managed to rebound with the stock climbing 0.41% or $0.29 to close the day at $70.18 on lower than average trading volume of 3.68M shares, compared to its three month average trading volume of 4.58M. The The Woodlands Texas 77380 based company has been outperforming the independent oil & gas companies by 11.4751% for last three months and its recent gains have pushed the stock slightly up 0.65% YTD, versus the independent oil & gas industry which is down -0.64% for the same period. The RSI of 53.23 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas, and natural gas liquids (NGLs). The Midstream segment provides gathering, processing, treating, and transportation services to Anadarko and third-party oil, natural-gas, and NGLs producers, as well as owns and operates gathering, processing, treating, and transportation systems in the United States. The Marketing segment markets oil, natural gas, and NGLs in the United States; oil and NGLs internationally; and anticipated liquefied natural gas production from Mozambique. The company’s asset portfolio includes U.S. onshore resource plays in the Rocky Mountains area, the southern United States, the Appalachian basin, and Alaska; the deepwater Gulf of Mexico; and in Algeria, Ghana, Mozambique, Colombia, Côte d’Ivoire, New Zealand, Kenya, and other countries. As of December 31, 2015, it had approximately 2.1 billion barrels of oil equivalent of proved reserves. Anadarko Petroleum Corporation was founded in 1959 and is headquartered in The Woodlands, Texas.

 

3 Stocks to Watch For: Synergy Resources Corporation (SYRG), SunTrust Banks, Inc. (STI), Dynegy Inc. (DYN)

Synergy Resources Corporation (SYRG) saw its value increase by 0.58% as the stock gained $0.05 to finish the day at a closing price of $8.66. The stock was lighter in trading and has fluctuated between $5.01-$10.38 per share for the past year. The shares, which traded within a range of $8.48 to $8.71 during the day, are up by 20.61% in the past three months and up by 34.47% over the past six months. It is currently trading -3.68% below its 20 day moving average and -1.99% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $10.43 a share over the next twelve months. The current relative strength index (RSI) reading is 43.53.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Synergy Resources Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and natural gas properties primarily located in the Denver-Julesburg Basin in Colorado. As of December 31, 2015, the company had approximately 349,000 net acres under lease, which are located in the Wattenberg Field of the Denver-Julesburg Basin; and operated 369 net producing wells. It also has mineral assets in Yuma and Washington Counties, Colorado. Synergy Resources Corporation is based in Denver, Colorado.

SunTrust Banks, Inc. (STI) shares were down in last trading by -0.96% to $53.84. It experienced lighter than average volume on day. The stock decreased in value by almost -3.91% over the past week and fell -2.59% in the past month. It is currently trading 1.08% above its 50 day moving average and 20.02% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.49% decrease in value from its one year high of $56.97. The RSI indicator value of 44.56, lead us to believe that it is a 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.

Dynegy Inc. (DYN) traded within a range of $9.51 to $9.98 after opening the day at $9.91. The company has seen its stock increase in value by 14.66% so far this year. The stock was down close to -1.72% on light volume in last trading session and closed at $9.7 per share. After the recent fall, the stock is currently holding -55.93% below its 52 week high of $22.01 and 38.37% above its 12-month low of $7.01. The shares are down by over -24.63% in the last three months, and the RSI indicator value of 56.6 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Dynegy Inc., through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 35 power plants in 8 states totaling approximately 26,000 megawatts of generating capacity. The company serves a range of customers, including regional transmission organizations, independent system operators, integrated utilities, municipalities, electric cooperatives, transmission and distribution utilities, and power marketers; financial participants, such as banks and hedge funds; and residential, commercial, and industrial end-users. Dynegy Inc. was founded in 1984 and is headquartered in Houston, Texas.

 

Stocks in the Spotlight: Maxim Integrated Products, Inc. (MXIM), Antero Resources Corporation (AR), Adobe Systems Incorporated (ADBE)

Maxim Integrated Products, Inc. (MXIM) had a active trading with around 3.12M shares changing hands compared to its three month average trading volume of 1.86M. The stock traded at the price of $40.58 with -1.55% change on the day. The San Jose California 95134 based company is currently trading 38.51% above its 52 week low of $30.28 and -2.99% below its 52 week high of $42.37. Both the RSI indicator and target price of 55.79 and $42.07 respectively, lead us to believe that it should be put on hold over the coming weeks.

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits in the United States, China, other countries in Asia, Europe, and internationally. It also provides a range of high-frequency process technologies and capabilities for use in custom designs. The company serves automotive, communications and data center, computing, consumer, and industrial markets. It markets its products through a direct-sales and applications organization, as well as through its own and other unaffiliated distribution channels. Maxim Integrated Products, Inc. was founded in 1983 and is headquartered in San Jose, California.

Antero Resources Corporation (AR) continued its upward trend with the stock climbing 0.55% or $0.14 to close the day at $25.78 on light trading volume of 3.1M shares, compared to its three month average trading volume of 3.6M. The Denver Colorado 80202 based company has been outperforming the oil & gas drilling & exploration group over the past 52 weeks, with the stock gaining 12.14%, compared to the industry which has advanced 127.49% over the same period. With RSI of 60.81, the stock should still continue to rise and get closer to its one year target estimate of $33.96, making it a hold for now.

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2015, the company had 569,000 net acres of oil and gas properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. It also owned and operated 182 miles of gas gathering pipelines in the Marcellus Shale; and 110 miles of low-pressure, high-pressure, and condensate pipelines in the Utica Shale. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado. Antero Resources Corporation is a subsidiary of Antero Resources Investment LLC.

Adobe Systems Incorporated (ADBE) shares were up in last trading by 0.92% to $109.79. It experienced higher than average volume on day. The stock increased in value by almost 0.73% over the past week and grew 6.03% in the past month. It is currently trading 4.46% above its 50 day moving average and 8.54% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.17% decrease in value from its one year high of $111.09. The RSI indicator value of 65.22, lead us to believe that it is a hold for now.

Adobe Systems Incorporated operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company’s Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, media optimization, digital experience management, cross-channel campaign management, and audience management solutions, as well as video delivery and monetization to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Print and Publishing segment offers products and services, such as eLearning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company markets and licenses its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. Adobe Systems Incorporated has a strategic partnership with comScore, Inc. The company was founded in 1982 and is headquartered in San Jose, California.