Chris Butler

Stocks in the Spotlight: CSX Corporation (CSX), JPMorgan Chase & Co. (JPM), AT&T Inc. (T)

CSX Corporation (CSX) had a active trading with around 17.71M shares changing hands compared to its three month average trading volume of 11.75M. The stock traded between $46.22 and $47.71 before closing at the price of $47.69 with 0.74% change on the day. The Jacksonville Florida 32202 based company is currently trading 107.56% above its 52 week low of $23.58 and -2.93% below its 52 week high of $49.13. Both the RSI indicator and target price of 66.08 and $45 respectively, lead us to believe that it should be put on hold over the coming weeks.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural and food products, fertilizers, chemicals, automotive, metals and equipment, minerals, and forest products; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities. In addition, it offers intermodal transportation services through a network of approximately 50 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services. Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol. Additionally, it acquires, develops, sells, leases, and manages real estate properties. The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 4,400 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.

JPMorgan Chase & Co. (JPM) failed to extend gains with the stock declining -0.07% or $-0.06 to close the day at $90.53 on active trading volume of 17.64M shares, compared to its three month average trading volume of 16.26M. The New York New York 10017 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 61.03%, compared to the industry which has advanced 25.48% over the same period. With RSI of 69.43, the stock should still continue to rise and get closer to its one year target estimate of $89.21, making it a hold for now.

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management segments. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans. The Corporate & Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, as well as loan origination and syndication; treasury services, such as cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research services. It also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The Commercial Banking segment offers financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners. The Asset Management segment provides investment and wealth management services across various asset classes, such as equities, fixed income, alternatives, and money market funds; multi-asset investment management services; retirement services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. It has a strategic relationship with InvestCloud for the development of new digital capabilities for individual investors. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

AT&T Inc. (T) shares were up in last trading by 0.32% to $41.25. It experienced lighter than average volume on day. The stock decreased in value by almost -0.15% over the past week and grew 1.1% in the past month. It is currently trading 0.02% above its 50 day moving average and 3.85% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.02% decrease in value from its one year high of $43.89. The RSI indicator value of 50.03, lead us to believe that it is a hold for now.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

 

Stocks In Queue: CBS Corporation (CBS), Newmont Mining Corporation (NEM), PayPal Holdings, Inc. (PYPL)

CBS Corporation (CBS) climbed 0.28% during last trading as the stock added $0.18 to finish the day at $65.42 with about 5.98M shares changing hands, compared to its three month average trading volume of 3.9M. The $30.62B market cap company, which fluctuated between $64.08 and $65.59 during the day, currently situated 52.09% above its 52 week low of $44.9 and -2.18% away from its one year high of $66.88. The RSI of 60.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

Newmont Mining Corporation (NEM) gained $0.54 to close the day at a new closing price of $37.57, a 1.46% increase in value from its previous closing price that moved the stock 63.11% above its 52 week low of $24.08. A total of 5.79M shares exchanged hands during the day compared with its three month average trading volume of 7.58M. The stock, which fluctuated between $37.26 and $37.69 during the day, currently situated -18.28% below its 52 week high. The stock is up by 6.55% in the past one month and up by 10.96% over the past three months. With a one year target estimate of $39.88 and RSI of 62.28, the stock still has upside potential, making it a hold for now.

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

PayPal Holdings, Inc. (PYPL) had a light trading with around 5.73M shares changing hands compared to its three month average trading volume of 6.67M. The stock traded between $41.7 and $42.31 before closing at the price of $42.15 with 0.67% change on the day. The San Jose California 95131 based company is currently trading 23.97% above its 52 week low of $34 and -5.32% below its 52 week high of $44.52. Both the RSI indicator and target price of 66.92 and $46.83 respectively, lead us to believe that it should be put on hold over the coming weeks.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company’s platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

 

3 Stocks to Watch For: Valero Energy Corporation (VLO), The Dow Chemical Company (DOW), Mylan N.V. (MYL)

Valero Energy Corporation (VLO) saw its value decrease by -1.71% as the stock dropped $-1.16 to finish the day at a closing price of $66.6. The stock was lighter in trading and has fluctuated between $46.88-$71.4 per share for the past year. The shares, which traded within a range of $66.39 to $67.61 during the day, are up by 7.57% in the past three months and up by 23.13% over the past six months. It is currently trading 0.67% above its 20 day moving average and 0.13% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $73.09 a share over the next twelve months. The current relative strength index (RSI) reading is 51.23.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

The Dow Chemical Company (DOW) shares were up in last trading by 0.51% to $61.41. It experienced lighter than average volume on day. The stock increased in value by almost 1.91% over the past week and grew 6.41% in the past month. It is currently trading 4.83% above its 50 day moving average and 14.62% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.71% decrease in value from its one year high of $61.85. The RSI indicator value of 62.41, lead us to believe that it is a hold for now.

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.

Mylan N.V. (MYL) traded within a range of $41.56 to $42.65 after opening the day at $42.6. The company has seen its stock increase in value by 10.09% so far this year. The stock was down close to -1.04% on light volume in last trading session and closed at $42 per share. After the recent fall, the stock is currently holding -16.67% below its 52 week high of $50.4 and 25% above its 12-month low of $33.6. The shares are up by over 8.64% in the last three months, and the RSI indicator value of 71.33 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

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

 

Three Movers to Watch for: GGP Inc. (GGP), American Express Company (AXP), Archer-Daniels-Midland Company (ADM)

GGP Inc. (GGP) retreated with the stock falling -0.04% or $-0.01 to close at $25 on light trading volume of 4.28M compared its three months average trading volume of 4.2M. 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 -4.1% down for the period and up by 0.08% so far this year. With price target of $29.97 and a 5.17% 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.

American Express Company (AXP) dropped $-0.09 to close the day at a new closing price of $79.51, a -0.11% decrease in value from its previous closing price that moved the stock 53.7% above its 52 week low of $53.56. A total of 4.27M shares exchanged hands during the day compared with its three month average trading volume of 4.18M. The stock, which fluctuated between $78.92 and $79.6 during the day, currently situated -0.74% below its 52 week high. The stock is up by 2.61% in the past one month and up by 10.18% over the past three months. With a one year target estimate of $80.56 and RSI of 68.76, the stock still has upside potential, making it a hold for now.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. It operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services. The company’s products and services include charge and credit card products; network services; expense management products and services; travel-related services; and stored value/prepaid products. Its products and services also comprise merchant acquisition and processing, servicing and settlement, merchant financing, point-of-sale, and marketing and information products and services for merchants; fraud prevention services; and the design of customized customer loyalty and rewards programs. The company sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through direct mail, online applications, in-house and third-party sales forces, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

Archer-Daniels-Midland Company (ADM) shares were down in last trading by -0.83% to $44.1. It experienced higher than average volume on day. The stock increased in value by almost 1.29% over the past week and fell -1.89% in the past month. It is currently trading -1.8% below its 50 day moving average and 2.69% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.23% decrease in value from its one year high of $47.88. The RSI indicator value of 46.43, lead us to believe that it is a hold for now.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. Its Agricultural Services segment offers agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley; and resells those commodities as food and feed ingredients, and raw materials for the agricultural processing industry. The segment is also involved in structured trade finance and the processing of wheat into wheat flour. Its Corn Processing segment offers ingredients used in the food and beverage industry, including sweeteners, starch, syrup, glucose, and dextrose; bio products; alcohol, amino acids, and other food and animal feed ingredients; and ethyl alcohol for industrial use as ethanol or as beverage grade. This segment also offers corn gluten feed and meal, and distillers’ grains; vegetable oil and protein meal; formula feeds, and animal health and nutrition products; and citric acids and glycols for food and industrial products, as well as operates a sugarcane ethanol plant. The company’s Oilseeds Processing segment processes soybeans and soft seeds into vegetable oils and protein meals. It offers ingredients for the food, feed, energy, and industrial products industries; crude vegetable and salad oils; partially refined oils; oilseed protein meals; peanuts, tree nuts, and peanut-derived ingredients; cottonseed flour for the pharmaceutical industry; cotton cellulose pulp for the chemical, paper, and filter markets; and agricultural commodity raw materials. Its Wild Flavors and Specialty Ingredients segment offers natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, edible beans, and other specialty food and feed ingredients. The company is also involved in futures commission and insurance activities. Archer-Daniels-Midland Company was founded in 1898 and is headquartered in Chicago, Illinois.

 

Stocks To Track: International Paper Company (IP), D.R. Horton, Inc. (DHI), Netflix, Inc. (NFLX)

International Paper Company (IP) climbed 1.18% during last trading as the stock added $0.62 to finish the day at $53.38 with about 2.92M shares changing hands, compared to its three month average trading volume of 3.02M. The $21.65B market cap company, which fluctuated between $52.73 and $53.5 during the day, currently situated 66.05% above its 52 week low of $33.43 and -8.51% away from its one year high of $58.86. The RSI of 49.97 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end use applications, including brochures, pamphlets, greeting cards, books, annual reports, and direct mail, as well as envelopes, tablets, business forms, and file folders. This segment sells uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brand names. It also produces pulp for manufacturing printing, writing, and specialty papers, as well as towels and tissues, filtration products, diapers, and sanitary napkins. The Consumer Packaging segment offers coated paperboards for various packaging and foodservice end uses, such as food, cosmetics, pharmaceuticals, and tobacco products under the Everest, Fortress, and Starcote brand names. This segment also produces cups, lids, food containers, and plates. The company sells its packaging products, paper products, and other products directly to end users and converters, as well as through agents, resellers, and paper distributors. International Paper Company was founded in 1898 and is headquartered in Memphis, Tennessee.

D.R. Horton, Inc. (DHI) dropped $-0.33 to close the day at a new closing price of $30.43, a -1.07% decrease in value from its previous closing price that moved the stock 26.95% above its 52 week low of $24.44. A total of 2.86M shares exchanged hands during the day compared with its three month average trading volume of 4.54M. The stock, which fluctuated between $30.36 and $30.9 during the day, currently situated -11.13% below its 52 week high. The stock is up by 7.13% in the past one month and up by 8.23% over the past three months. With a one year target estimate of $34.53 and RSI of 57.56, the stock still has upside potential, making it a hold for now.

D.R. Horton, Inc. operates as a homebuilding company. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 78 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Regent Homes, Crown Communities, and Pacific Ridge Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums. It is also involved in the origination and sale of mortgages; and provision of title insurance policies, and examination and closing services. The company primarily serves title insurance agents, homebuyers, and homebuilding customers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Fort Worth, Texas.

Netflix, Inc. (NFLX) had a light trading with around 2.84M shares changing hands compared to its three month average trading volume of 6.89M. The stock traded between $141.07 and $142.44 before closing at the price of $142.01 with -0.18% change on the day. The Los Gatos California 95032 based company is currently trading 68.06% above its 52 week low of $84.5 and -2.7% below its 52 week high of $145.95. Both the RSI indicator and target price of 59.5 and $147.18 respectively, lead us to believe that it should be put on hold over the coming weeks.

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. It offers members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. It serves approximately 93 million streaming members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

 

Stock’s Trend Analysis Report: The J. M. Smucker Company (SJM), Cerner Corporation (CERN), Aflac Incorporated (AFL)

The J. M. Smucker Company (SJM) fell -0.5% during last trading as the stock lost $-0.69 to finish the day at $137.84 with about 2.46M shares changing hands, compared to its three month average trading volume of 922.38K. The $16.01B market cap company, which fluctuated between $137.01 and $138.76 during the day, currently situated 15.59% above its 52 week low of $121.79 and -10.96% away from its one year high of $157.31. The RSI of 61.98 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates through U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Foodservice segments. The company primarily offers coffee, pet food, pet snacks, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, frozen sandwiches, flour and baking ingredients, juices and beverages, and portion control products. It also provides dog snacks, natural beverages, ice cream toppings, pickles, and canned milk. The company offers its products under the Folgers, Dunkin’ Donuts, Café Bustelo, Jif, Smucker’s, Crisco, Pillsbury, Uncrustables, Meow Mix, Milk-Bone, Natural Balance, Kibbles ‘n Bits, 9Lives, Pup-Peroni, Nature’s Recipe, Gravy Train, and Douwe Egberts brand names. It sells its products through direct sales and brokers to food retailers, food wholesalers, drug stores, club stores, mass merchandisers, discount and dollar stores, military commissaries, natural foods stores and distributors, and pet specialty stores; and through retail channels, and foodservice distributors and operators, such as restaurants, lodging, schools and universities, and health care operators. The company was founded in 1897 and is headquartered in Orrville, Ohio.

Cerner Corporation (CERN) gained $0.54 to close the day at a new closing price of $55.61, a 0.98% increase in value from its previous closing price that moved the stock 18.29% above its 52 week low of $47.01. A total of 2.42M shares exchanged hands during the day compared with its three month average trading volume of 3.19M. The stock, which fluctuated between $54.78 and $55.64 during the day, currently situated -17.61% below its 52 week high. The stock is up by 6.35% in the past one month and up by 13.03% over the past three months. With a one year target estimate of $59.7 and RSI of 65, the stock still has upside potential, making it a hold for now.

Cerner Corporation designs, develops, markets, installs, hosts, and supports health care information technology, health care devices, hardware, and content solutions for health care organizations and consumers in the United States and internationally. The company offers Cerner Millennium architecture, which includes clinical, financial, and management information systems that allow providers to access an individual’s electronic health record at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It also provides HealtheIntent platform, a cloud-based platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as assists to enhance outcomes and lower costs. In addition, the company offers a portfolio of clinical and financial health care information technology solutions, as well as departmental, connectivity, population health, and care coordination solutions; and various complementary services, including support, hosting, managed, implementation, and strategic consulting services. Further, it provides various services, such as implementation and training, remote hosting, operational management, revenue cycle, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third party administrator services for employer-based health plans; and complementary hardware and devices for third parties. It serves integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments, and public health organizations. Cerner Corporation was founded in 1979 and is headquartered in North Kansas City, Missouri.

Aflac Incorporated (AFL) had a active trading with around 2.4M shares changing hands compared to its three month average trading volume of 2.33M. The stock traded between $70.64 and $71.34 before closing at the price of $71.19 with 0.27% change on the day. The Columbus Georgia 31999 based company is currently trading 27.11% above its 52 week low of $58.46 and -3.28% below its 52 week high of $74.5. Both the RSI indicator and target price of 64.32 and $71.62 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

Stocks Trend Analysis: Textron Inc. (TXT), Biogen Inc. (BIIB), Autodesk, Inc. (ADSK)

Textron Inc. (TXT) continued its downward trend with the stock declining -0.31% or $-0.15 to close the day at $49.01 on active trading volume of 1.84M shares, compared to its three month average trading volume of 1.74M. The Providence Rhode Island 02903 based company has been outperforming the aerospace/defense – major diversified group over the past 52 weeks, with the stock gaining 45.51%, compared to the industry which has advanced 31.99% over the same period. With RSI of 54.39, the stock should still continue to rise and get closer to its one year target estimate of $52.33, making it a hold for now.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures and sells business jets, turboprop aircraft, piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as provides maintenance, inspection, and repair services. The Bell segment provides military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. The Textron Systems segment produces unmanned aircraft systems; smart weapons, airborne and ground-based sensors and surveillance systems, and protection systems; armored vehicles, turrets, and related subsystems, as well as marine craft; test equipment and electronic warfare test, and training solutions; piston aircraft engines; and intelligence software solutions. This segment also designs, develops, manufactures, installs, and maintains full flight simulators, as well as offers training services. The Industrial segment offers blow-molded plastic fuel systems, windshield and headlamp washer systems, catalytic reduction systems, and engine camshafts, as well as plastic bottles and containers; golf cars, off-road utility and light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles; and powered equipment, electrical test and measurement instruments, mechanical and hydraulic tools, cable connectors, fiber optic assemblies, underground and aerial transmission and distribution products, and power utility products used in the construction, maintenance, telecommunications, data communications, electrical, utility, and plumbing industries. The Finance segment provides financing to purchase new and pre-owned aircrafts and helicopters. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.

Biogen Inc. (BIIB) retreated with the stock falling -0.86% or $-2.51 to close at $290.13 on active trading volume of 1.83M compared its three months average trading volume of 1.82M. The Cambridge Massachusetts 02142 based company operating under the Biotechnology industry has been trending up for the last 52 weeks, with the shares price now 12% up for the period and up by 2.31% so far this year. With price target of $319.98 and a 30.09% rebound from 52-week low, Biogen Inc. has plenty of upside potential, making it a hold with a view buy.

Biogen Inc., a biopharmaceutical company, discovers, develops, manufactures, and delivers therapies for the treatment of neurological and autoimmune diseases worldwide. The company offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, ZINBRYTA, and FAMPYRA to treat multiple sclerosis (MS); FUMADERM for the treatment of plaque psoriasis; and SPINRAZA to treat spinal muscular atrophy. It also provides BENEPALI, an etanercept biosimilar referencing ENBREL; FLIXABI, an infliximab biosimilar referencing REMICADE; RITUXAN for the treatment of non-Hodgkin’s lymphoma, chronic lymphocytic leukemia (CLL), and other conditions; GAZYVA to treat CLL and follicular lymphoma; and other potential anti-CD20 therapies. The company’s Phase III clinical trial products comprise GAZYVA for the treatment of front-line indolent non-hodgkin’s lymphoma; and Aducanumab and E2609 for Alzheimer’s disease. Its Phase II clinical trial products include BIIB074 for trigeminal neuralgia, lumbosacral radiculopathy, and erythromelalgia; BAN2401 for Alzheimer’s disease; Opicinumab (anti-LINGO-1) for MS; TYSABRI for acute ischemic stroke; rAAV-XLRS for X-linked juvenile retinoschisis; BG00011 (STX-100) for idiopathic pulmonary fibrosis; and Dapirolizumab pegol and BIIB059 (Anti-BDCA02) for lupus. The company’s Phase I clinical trial products comprise BIIB061 for MS; BIIB054 for Parkinson’s disease; BIIB067 (IONIS-SOD1Rx) for amyotrophic lateral sclerosis; and BIIB068 (BTK Inhibitor) for autoimmune disease. It has collaboration agreements with AbbVie, Inc.; Acorda Therapeutics, Inc.; Applied Genetic Technologies Corporation; Eisai Co., Ltd.; Genentech, Inc.; Ionis Pharmaceuticals, Inc.; Samsung Bioepis; and University of Pennsylvania. Biogen Inc. offers products through its sales force and marketing groups. The company was formerly known as Biogen Idec Inc. and changed its name to Biogen Inc. in March 2015. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts.

Autodesk, Inc. (ADSK) managed to rebound with the stock climbing 0.92% or $0.78 to close the day at $85.14 on lower than average trading volume of 1.83M shares, compared to its three month average trading volume of 2.39M. The San Rafael California 94903 based company has been outperforming the technical & system software companies by 13.1874% for last three months and its recent gains have pushed the stock slightly up 15.04% YTD, versus the technical & system software industry which is up 9.54% for the same period. The RSI of 63.45 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Autodesk, Inc. operates as a design software and services company worldwide. The company’s Architecture, Engineering and Construction segment offers Autodesk Building Design Suites to manage various phases of design and construction; Autodesk Revit products that offer model-based design and documentation systems; Autodesk Infrastructure Design Suites; AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution; and AutoCAD Map 3D software for infrastructure planning, design, and management. Its Platform Solutions and Emerging Business segment offers AutoCAD software, a professional design, drafting, detailing, and visualization software; and AutoCAD LT, a professional drafting and detailing software. The company’s Manufacturing segment provides Autodesk Product Design Suites for digital prototyping; Autodesk Inventor to go beyond 3D design to digital prototyping; AutoCAD Mechanical software to accelerate the mechanical design process; Autodesk Moldflow, an injection molding simulation software; Autodesk Delcam, a CAD and computer-aided manufacturing software; Autodesk PLM 360, a product lifecycle management application; and Autodesk Fusion 360, a product development environment. Its Media and Entertainment segment offers Autodesk Maya and Autodesk 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and Autodesk Flame and Autodesk Lustre software applications that offer editing, finishing, and visual effects design and color grading solutions. Autodesk, Inc. sells consumer products for digital art, personal design and creativity, and home design in digital storefronts and over the Internet. It licenses or sells its products to customers in the architecture, engineering, and construction; manufacturing; and digital media, consumer, and entertainment industries directly, as well as through resellers and distributors. Autodesk, Inc. was founded in 1982 and is headquartered in San Rafael, California.

 

Stocks on Trader’s Radar: Charter Communications, Inc. (CHTR), Xcel Energy Inc. (XEL), Expedia, Inc. (EXPE)

Charter Communications, Inc. (CHTR) failed to extend gains with the stock declining -0.22% or $-0.72 to close the day at $324.46 on active trading volume of 2.05M shares, compared to its three month average trading volume of 1.69M. The Stamford Connecticut 06901 based company has been outperforming the catv systems group over the past 52 weeks, with the stock gaining 88.71%, compared to the industry which has advanced 25.08% over the same period. With RSI of 61.46, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Charter Communications, Inc., through its subsidiaries, provides cable services in the United States. The company offers various entertainment, information, and communications solutions to residential and commercial customers. Its video service offerings include a package of basic video programming, video on demand, subscription on demand, pay-per-view, high definition television, digital video recorder, Spectrum TV app on mobile devices, Spectrum TV app on immobile devices, and Spectrum guide services. The company also provides Internet services, such as residential Internet services; Charter.net, an Internet portal that provides multiple e-mail addresses; and Charter Security Suite that protects computers from viruses and spyware, as well as offers parental control features. In addition, it offers voice communications services using voice over Internet protocol technology; and broadband communications solutions, such as Internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. Further, the company sells local advertising on digital advertising networks and satellite-delivered networks. As of December 31, 2015, it served approximately 6.7 million residential, and small and medium business customers; approximately 4.3 million residential video customers; approximately 5.2 million residential Internet customers; approximately 2.6 million residential voice service customers; and approximately 671,000 small and medium business primary service units (PSUs) and 30,000 enterprise PSUs. Charter Communications, Inc. was founded in 1999 and is headquartered in Stamford, Connecticut.

Xcel Energy Inc. (XEL) climbed 0.67% during last trading as the stock added $0.28 to finish the day at $41.89 with about 2.01M shares changing hands, compared to its three month average trading volume of 2.37M. The $21.19B market cap company, which fluctuated between $41.58 and $41.92 during the day, currently situated 13.16% above its 52 week low of $38 and -6.23% away from its one year high of $45.42. The RSI of 59.57 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil and refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy Inc. was founded in 1909 and is based in Minneapolis, Minnesota.

Expedia, Inc. (EXPE) saw its value decrease by -0.85% as the stock dropped $-1.03 to finish the day at a closing price of $119.85. The stock was higher in trading and has fluctuated between $96.58-$133.55 per share for the past year. The shares, which traded within a range of $119.65 to $121.42 during the day, are down by -2.99% in the past three months and up by 4.3% over the past six months. It is currently trading -1.04% below its 20 day moving average and 0.79% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $140.43 a share over the next twelve months. The current relative strength index (RSI) reading is 47.69. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The company operates through four segments: Core OTA, Trivago, Egencia, and HomeAway. It facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions. The company serves leisure and corporate travelers, offline retail travel agents, and travel service providers through Expedia.com, Hotels.com, Hotwire.com, Wotif.com, Wotif.co.nz, lastminute.com.au, lastminute.com.nz, travel.com.au, CarRentals.com, and Orbitz.com Websites; and Travelocity, HomeAway, Egencia, trivago, Classic Vacations, Expedia Local Expert, and Expedia CruiseShipCenters brands, as well as Expedia Affiliate Network. It also engages in advertising and media business. The company was founded in 1996 and is headquartered in Bellevue, Washington.

 

Eye Catching Stocks: Weyerhaeuser Co. (WY), Celgene Corporation (CELG), Campbell Soup Company (CPB)

Weyerhaeuser Co. (WY) failed to extend gains with the stock declining -0.42% or $-0.14 to close the day at $33.52 on light trading volume of 3.4M shares, compared to its three month average trading volume of 4.27M. The Federal Way Washington 98003 based company has been outperforming the lumber, wood production group over the past 52 weeks, with the stock gaining 46.5%, compared to the industry which has advanced 48.92% over the same period. With RSI of 65.29, the stock should still continue to rise and get closer to its one year target estimate of $34.46, 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.

Celgene Corporation (CELG) fell -1.5% during last trading as the stock lost $-1.81 to finish the day at $118.66 with about 3.38M shares changing hands, compared to its three month average trading volume of 4.27M. The $92.88B market cap company, which fluctuated between $118.25 and $120.77 during the day, currently situated 25.71% above its 52 week low of $94.39 and -6.57% away from its one year high of $127. The RSI of 57.2 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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.

Campbell Soup Company (CPB) saw its value decrease by -1.42% as the stock dropped $-0.9 to finish the day at a closing price of $62.55. The stock was higher in trading and has fluctuated between $52.59-$67.89 per share for the past year. The shares, which traded within a range of $61.86 to $63.87 during the day, are up by 14.51% in the past three months and up by 4.79% over the past six months. It is currently trading -0.68% below its 20 day moving average and 2.4% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $60 a share over the next twelve months. The current relative strength index (RSI) reading is 51.52. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products. It operates through three segments: Americas Simple Meals and Beverages; Global Biscuits and Snacks; and Campbell Fresh. The Americas Simple Meals and Beverages segment engages in the retail and food service of Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pastas, beans, and dinner sauces; Swanson canned poultry; Plum food and snacks; V8 juices and beverages; and Campbell’s tomato juices. The Global Biscuits and Snacks segment provides Pepperidge Farm cookies, crackers, bakery, and frozen products in the United States retail; and Arnott’s biscuits in Australia and the Asia Pacific; and Kelsen cookies worldwide, as well as meals and shelf-stable beverages in Australia and the Asia Pacific. The Campbell Fresh segment provides Bolthouse Farms fresh carrots, carrot ingredients, refrigerated beverages, and refrigerated salad dressings; and Garden Fresh Gourmet salsa, hummus, dips, and tortilla chips, as well as refrigerated soups. The company sells its products through retail food chains, mass discounters, mass merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as other retail, commercial, and non-commercial establishments; and independent contractor distributors. Campbell Soup Company was founded in 1869 and is headquartered in Camden, New Jersey.

 

Stocks in Review: Plug Power Inc. (PLUG), Genworth Financial, Inc. (GNW), Alcoa Corporation (AA)

Plug Power Inc. (PLUG) traded within a range of $1.07 to $1.13 after opening the day at $1.1. The company has seen its stock decrease in value by -10% so far this year. The stock was down close to -2.7% on active volume in last trading session and closed at $1.08 per share. After the recent fall, the stock is currently holding -52.63% below its 52 week high of $2.28 and 30.12% above its 12-month low of $0.83. The shares are down by over -28.48% in the last three months, and the RSI indicator value of 48.22 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

Genworth Financial, Inc. (GNW) continued its upward trend with the stock climbing 4.55% or $0.17 to close the day at $3.91 on light trading volume of 12.65M shares, compared to its three month average trading volume of 7.53M. The Richmond Virginia 23230 based company has been outperforming the life insurance group over the past 52 weeks, with the stock gaining 102.59%, compared to the industry which has advanced 43.4% over the same period. With RSI of 61.04, the stock should still continue to rise and get closer to its one year target estimate of $4.84, making it a hold for now.

Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insure prime-based and individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance, as well as bulk mortgage insurance that aids in the sale of mortgages to the capital markets in Australia. The U.S. Life Insurance segment offers long-term care insurance products, as well as service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segment’s institutional products include funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services primarily through appointed independent producers, financial intermediaries, employer groups, and sales specialists. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.

Alcoa Corporation (AA) dropped $-0.69 to close the day at a new closing price of $37.87, a -1.79% decrease in value from its previous closing price that moved the stock 90.09% above its 52 week low of $20. A total of 11.49M shares exchanged hands during the day compared with its three month average trading volume of 4.17M. The stock, which fluctuated between $37.73 and $38.3 during the day, currently situated -4.8% below its 52 week high. The stock is up by 16.02% in the past one month and up by 27.85% over the past three months. With a one year target estimate of $38.75 and RSI of 63.66, the stock still has upside potential, making it a hold for now.

Alcoa Corporation engages in mining and production of bauxite, alumina, and aluminum products. It owns seven bauxite mines located near principal Atlantic and Pacific markets; and provides smelter grade alumina to aluminum manufacturers in Asia, the Middle East, and Latin America, as well as non-metallurgical grade alumina for industrial chemical operations in North America, Latin America, Europe, and Asia. The company is also involved in mining, refining, smelting, casting, and rolling aluminum products; production of aluminum billets, foundry ingots, rolling slabs, rods, powders, and proprietary alloys; and generation and sale of renewable energy. In addition, it produces and sells rolled aluminum sheets used in packaging, including aluminum bottles and food cans. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. Alcoa Corporation is based in New York, New York.