Chris Butler

Stocks on Trader’s Radar: Sigma Designs, Inc. (SIGM), Darden Restaurants, Inc. (DRI), Acadia Healthcare Company, Inc. (ACHC)

Sigma Designs, Inc. (SIGM) managed to rebound with the stock climbing 3.17% or $0.2 to close the day at $6.5 on light trading volume of 1.4M shares, compared to its three month average trading volume of 435.23K. The Fremont California 94538 based company has been outperforming the semiconductor – specialized group over the past 52 weeks, with the stock gaining 1.56%, compared to the industry which has advanced 81.91% over the same period. With RSI of 61.82, the stock should still continue to rise and get closer to its one year target estimate of $8.58, making it a hold for now.

Sigma Designs, Inc., an integrated semiconductor solutions provider, provides intelligent media platforms for use in the home entertainment and home control markets. The company’s media processor product line includes a range of platforms that are based on integrated chips, embedded software, and hardware reference designs. Its media connectivity product line comprises wired home networking controller chipsets that provide connectivity solutions between various home entertainment products and incoming video streams. The company’s Internet of things devices consist of wireless Z-Wave chipsets and modules that enable home security, and environmental and energy control and monitoring in new and existing homes. It also offers legacy products; and software development kits, engineering support services for hardware and software, engineering development for customization of chipsets, and other accessories. The company markets and sells its products through direct sales force, manufacturer representatives, distributors, and resellers to end-product manufacturers, original equipment manufacturers, and original design manufacturers in Asia, North America, Europe, and internationally. Sigma Designs, Inc. has a collaboration agreement with Telechips, Inc. to develop and market advanced SoC solutions for the ultra-high-definition IP streaming set-top boxes. The company was founded in 1982 and is headquartered in Fremont, California.

Darden Restaurants, Inc. (DRI) fell -0.66% during last trading as the stock lost $-0.5 to finish the day at $75.74 with about 1.4M shares changing hands, compared to its three month average trading volume of 1.64M. The $9.26B market cap company, which fluctuated between $75.27 and $76.3 during the day, currently situated 33.54% above its 52 week low of $59.5 and -3.9% away from its one year high of $79.43. The RSI of 61.35 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2016, it owned and operated 1,536 restaurants, which included 843 Olive Garden, 481 LongHorn Steakhouse, 54 The Capital Grille, 65 Yard House, 40 Seasons 52, 37 Bahama Breeze, and 16 Eddie V’s restaurants. The company was founded in 1968 and is headquartered in Orlando, Florida.

Acadia Healthcare Company, Inc. (ACHC) saw its value increase by 3.78% as the stock gained $1.52 to finish the day at a closing price of $41.76. The stock was higher in trading and has fluctuated between $32.54-$65 per share for the past year. The shares, which traded within a range of $40.09 to $42.13 during the day, are up by 6.86% in the past three months and down by -20.79% over the past six months. It is currently trading 7.74% above its 20 day moving average and 13.03% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $51 a share over the next twelve months. The current relative strength index (RSI) reading is 73.66. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Acadia Healthcare Company, Inc. develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities in the United States, the United Kingdom, and Puerto Rico. Its acute inpatient psychiatric facilities offer evaluation and crisis stabilization of patients with severe psychiatric diagnoses; specialty treatment facilities include residential recovery facilities, eating disorder facilities, and comprehensive treatment centers providing a comprehensive continuum of care for adults with addictive disorders and co-occurring mental disorders; and residential treatment centers treat patients with behavioral disorders in a non-hospital setting, including outdoor programs. The company also provides outpatient community-based services, such as community-based programs that are designed to provide therapeutic treatment to children and adolescents who have a clinically-defined emotional, psychiatric, or chemical dependency disorder. In addition, it offers mental health services; rehabilitation services comprising relapse prevention and social integration services, as well as vocational opportunities; acute services for patients at risk to themselves or others, as well as crisis intervention and treatment of behavioral emergencies; and care homes, which provide long-term and non-acute care for adults suffering from mental illness, addiction, learning disability, or brain injury. Further, the company provides other services, such as education and children’s services for children and young people with special educational needs; adult and elderly care services; and care first services for employees. As of June 30, 2016, it operated a network of 591 behavioral healthcare facilities with approximately 17,800 beds. The company was founded in 2005 and is headquartered in Franklin, Tennessee.

 

Stocks Trend Analysis: Ocean Rig UDW LLC (ORIG), Sterling Bancorp (STL), Snyder’s-Lance, Inc. (LNCE)

Ocean Rig UDW LLC (ORIG) failed to extend gains with the stock declining -3.94% or $-0.05 to close the day at $1.22 on light trading volume of 1.34M shares, compared to its three month average trading volume of 3.38M. The Nicosia NI 1075 based company has been outperforming the oil & gas drilling & exploration group over the past 52 weeks, with the stock gaining 54.43%, compared to the industry which has advanced 94.73% over the same period. With RSI of 39.58, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Ocean Rig UDW LLC was founded in 2010 and is based in Houston, Texas. Ocean Rig UDW LLC operates as a subsidiary of Ocean Rig UDW Inc.

Sterling Bancorp (STL) grew with the stock adding 3.09% or $0.75 to close at $25.05 on light trading volume of 1.34M compared its three months average trading volume of 987.07K. The Montebello New York 10901 based company operating under the Money Center Banks industry has been trending up for the last 52 weeks, with the shares price now 75.1% up for the period and up by 7.37% so far this year. With price target of $14.75 and a 82.12% rebound from 52-week low, Sterling Bancorp has plenty of upside potential, making it a hold with a view buy.

Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, such as savings deposits, demand deposits, certificates of deposit, money market deposits, senior notes, and other borrowings. Its loan portfolio includes commercial mortgages, residential mortgages, and other consumer loans; payroll finance, warehouse, factored receivables, and equipment finance lending; commercial and industrial loans; commercial real estate and multi-family loans; and acquisition, development, and construction loans. The company also offers wealth management products. As of December 31, 2015, it operated 52 full-service retail and commercial financial centers, which include 16 offices in Westchester County, 11 offices in Rockland County, 7 offices in Orange County, 2 offices in Long Island, and 12 offices in New York City, as well as 1 office in each of Ulster, Sullivan, and Putnam Counties in New York; and 1 office in Bergen County, New Jersey. Sterling Bancorp was founded in 1888 and is based in Montebello, New York.

Snyder’s-Lance, Inc. (LNCE) managed to rebound with the stock climbing 3.35% or $1.26 to close the day at $38.85 on lower than average trading volume of 1.33M shares, compared to its three month average trading volume of 493.36K. The Charlotte North Carolina 28277 based company has been outperforming the processed & packaged goods companies by 3.7012% for last three months and its recent gains have pushed the stock slightly up 1.33% YTD, versus the processed & packaged goods industry which is up 4.99% for the same period. The RSI of 53.75 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Snyder’s-Lance, Inc. manufactures, distributes, markets, and sells snack food products in the United States. Its products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, nuts, restaurant style crackers, and other salty snacks. The company sells its products under the Snyder’s of Hanover, Lance, Cape Cod, Snack Factory Pretzel Crisps, Late July, Tom’s, Archway, Jays, Stella D’oro, EatSmart Snacks, Krunchers! and O-Ke-Doke brands. It also purchases and sells cake products and meat snacks under its brands; and sells partner brand products. Snyder’s-Lance, Inc. sells its products through direct-store-delivery network, third-party distributors, and directly to grocery/mass merchandisers, club stores, discount stores, convenience stores, and food service establishments, as well as various other retail customers, such as drug stores, schools, military and government facilities, recreational facilities, offices, and other independent retailers. The company was formerly known as Lance, Inc. and changed its name to Snyder’s-Lance, Inc. in December 2010. Snyder’s-Lance, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina.

 

Momentum Stocks: NCR Corporation (NCR), Pilgrim’s Pride Corporation (PPC), VeriFone Systems, Inc. (PAY)

NCR Corporation (NCR) retreated with the stock falling -0.39% or $-0.18 to close at $46.16 on light trading volume of 1.26M compared its three months average trading volume of 745.14K. The Duluth Georgia 30096 based company operating under the Information Technology Services industry has been trending up for the last 52 weeks, with the shares price now 114.7% up for the period and up by 13.81% so far this year. With price target of $41 and a 136.35% rebound from 52-week low, NCR Corporation has plenty of upside potential, making it a hold with a view buy.

NCR Corporation, a technology company, provides products and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries. The company offers financial-oriented self-service technologies, such as automated teller machines (ATM), cash dispensers, software solution, cash management and video banking software, and customer-facing digital banking services, as well as professional services related to ATM security, software, and bank branch optimization. It also provides retail and hospitality oriented technologies, such as point of sale terminals and point of sale software, bar-code scanners, and other retail-oriented software and services; self-service kiosks and related operating software; and hardware, software, professional, and support services that enable check and item-based transactions to be captured, processed, and retained. In addition, the company develops, produces, and markets two-sided thermal papers, paper rolls for receipts in ATMs and point of sale solutions, inkjet and laser printer supplies, thermal transfer and ink ribbons, labels, laser documents, business forms, and photo and presentation papers. Further, it provides maintenance and support services; site assessment and preparation, staging, installation and implementation, systems management, and complete managed services; predictive services; cloud solutions and hosted services; and online, mobile, and transactional services and applications, as well as resell third-party networking products and related service offerings in the telecommunications and technology sectors. The company serves financial institutions, retailers and independent deployers, restaurants, food service companies, entertainment and sports venues, hospitality, and travel industries. NCR Corporation was founded in 1884 and is headquartered in Duluth, Georgia.

Pilgrim’s Pride Corporation (PPC) had a light trading with around 1.26M shares changing hands compared to its three month average trading volume of 1.6M. The stock traded between $20.23 and $20.66 before closing at the price of $20.59 with 1.28% change on the day. The Greeley Colorado 80634 based company is currently trading 20.06% above its 52 week low of $17.15 and -22.3% below its 52 week high of $27.79. Both the RSI indicator and target price of  and $22.4 respectively, lead us to believe that it could rise over the coming weeks.

Pilgrim’s Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the United States, Mexico, and Puerto Rico. It offers fresh chicken products comprising pre-marinated or non-marinated refrigerated (non-frozen) whole chickens, prepackaged case-ready chicken, whole cut-up chickens, and selected chicken parts. The company also provides prepared chicken products, including portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts. The company sells its products to foodservice market, including chain restaurants, food processors, broad-line distributors, and other institutions; and retail market customers comprising grocery store chains, wholesale clubs, and other retail distributors. In addition, it exports chicken products to Mexico, the Middle East, Asia, the Commonwealth of Independent States, and other countries. Pilgrim’s Pride Corporation was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim’s Pride Corporation is a subsidiary of JBS S.A.

VeriFone Systems, Inc. (PAY) saw its value increase by 0.31% as the stock gained $0.06 to finish the day at a closing price of $19.39. The stock was lighter in trading and has fluctuated between $14.94-$29.73 per share for the past year. The shares, which traded within a range of $19.21 to $19.43 during the day, are up by 14.46% in the past three months and up by 2.11% over the past six months. It is currently trading 4.34% above its 20 day moving average and 7.1% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $19.57 a share over the next twelve months. The current relative strength index (RSI) reading is 65.18.The technical indicator lead us to believe there will be no major movement any time soon, hold.

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale (POS) worldwide. It offers countertop solutions that accept payment options, such as contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN-based transactions; and multimedia consumer facing POS devices. The company also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows-based smartphones and tablets. In addition, it offers integrated electronic payment systems that combine electronic payment processing, fuel dispensing, and ECR functions, as well as secure payment systems for integration with petroleum pump controllers; unattended and self-service payment solutions designed to enable payment transactions in self-service, high-transaction volume, and public transportation environments; and network access solutions. Further, the company provides other managed, terminal management, payment-enabled media, in-taxi payment, and security solutions; and server-based payment processing software and middleware. Additionally, it offers installation, deployment, training, and application development and delivery solutions; project management, client education program, and consulting services; helpdesk support, equipment repair and maintenance, and software post-contract support services; and application libraries and development tools. The company sells its products directly; and through third party distributors and partners. It serves financial services, retail, petroleum, restaurant, hospitality, taxi, transportation, and healthcare industries. The company was formerly known as VeriFone Holdings, Inc. and changed its name to VeriFone Systems, Inc. in May 2010. VeriFone Systems, Inc. is headquartered in San Jose, California.

 

Worth Watching Stocks: Aflac Incorporated (AFL), Ford Motor Company (F), United Continental Holdings, Inc. (UAL)

Aflac Incorporated (AFL) saw its value increase by 0.08% as the stock gained $0.06 to finish the day at a closing price of $71.04. The stock was lighter in trading and has fluctuated between $58.46-$74.5 per share for the past year. The shares, which traded within a range of $70.7 to $71.22 during the day, are down by -0.97% in the past three months and down by -0.51% over the past six months. It is currently trading 2.66% above its 20 day moving average and 2.62% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $71.62 a share over the next twelve months. The current relative strength index (RSI) reading is 63.18.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.

Ford Motor Company (F) shares were up in last trading by 0.72% to $12.65. It experienced lighter than average volume on day. The stock increased in value by almost 2.51% over the past week and grew 1.77% in the past month. It is currently trading 1.75% above its 50 day moving average and 3.19% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.48% decrease in value from its one year high of $14.22. The RSI indicator value of 57.06, lead us to believe that it is a hold for now.

Ford Motor Company, together with its subsidiaries, designs, manufactures, markets, and services automobiles in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company’s Automotive segment develops, manufactures, distributes, and services cars, trucks, SUVs, and electrified vehicles under the Ford name; and luxury vehicles under the Lincoln name, as well as service parts and accessories. This segment markets its products through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments. Its Financial Services segment offers various automotive financing products to and through automotive dealers. Its financing products comprise retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, such as leasing companies, government entities, daily rental car companies, and fleet customers. This segment also offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and improvement of dealership facilities, purchase dealership real estate, and other dealer vehicle programs. The company was founded in 1903 and is based in Dearborn, Michigan.

United Continental Holdings, Inc. (UAL) traded within a range of $72 to $73.88 after opening the day at $73.44. The company has seen its stock increase in value by 1.18% so far this year. The stock was down close to -0.14% on light volume in last trading session and closed at $73.74 per share. After the recent fall, the stock is currently holding -3.98% below its 52 week high of $76.8 and 97.11% above its 12-month low of $37.41. The shares are up by over 22.39% in the last three months, and the RSI indicator value of 53.22 is neither bullish nor bearish, tempting investors to stay on the sidelines.

United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. The company transports people and cargo through its mainline and regional operations. As of December 31, 2015, it operated 1,236 aircraft. United Continental Holdings, Inc. also sells fuel; and offers catering, ground handling, and maintenance services for third parties. The company was formerly known as UAL Corporation and changed its name to United Continental Holdings, Inc. in October 2010. United Continental Holdings, Inc. was founded in 1934 and is headquartered in Chicago, Illinois.

 

Stocks Under Consideration: Immunomedics, Inc. (IMMU), Infinera Corporation (INFN), Gevo, Inc. (GEVO)

Immunomedics, Inc. (IMMU) grew with the stock adding 1.99% or $0.1 to close at $5.13 on active trading volume of 5.25M compared its three months average trading volume of 2.89M. The Morris Plains New Jersey 07950 based company operating under the Biotechnology industry has been trending up for the last 52 weeks, with the shares price now 130.04% up for the period and up by 39.78% so far this year. With price target of $6 and a 168.59% rebound from 52-week low, Immunomedics, Inc. has plenty of upside potential, making it a hold with a view buy.

Immunomedics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune disorders, and other diseases. The company engages in developing antibody-drug conjugate (ADC) products comprising IMMU-132, an ADC that contains SN-38, which is in Phase II trials used for the treatment of patients with metastatic triple-negative breast cancer, and small-cell and non-small-cell lung cancers; IMMU-130, an anti-CEACAN5-SN-38 ADC that is in Phase II trials for the treatment of solid tumors and metastatic colorectal cancer; and epratuzumab, a humanized antibody that targets CD22, an antigen found on the surface of B lymphocytes. Its early-stage products include IMMU-114, a novel humanized antibody for the treatment of patients with B-cell and other cancers; Milatuzumab, a humanized monoclonal antibody targeting tumors that expresses the CD74 antigen, which is present on various hematological tumors and solid cancers; Veltuzumab, a humanized monoclonal antibody targeting CD20 receptors on B lymphocytes for the treatment of non-Hodgkin lymphoma and autoimmune diseases; and Yttrium-90-Labeled Epratuzumab Tetraxetan, a radiolabeled anti-CD22 investigational product. The company also provides LeukoScan, a diagnostic imaging product for diagnostic imaging to determine the location and extent of infection/inflammation in bone. In addition, it offers other product candidates for the treatment of solid tumors and hematologic malignancies, as well as other diseases, which are in various stages of clinical and pre-clinical development. The company has a research collaboration with The Bayer Group to study epratuzumab as a thorium-227-labeled antibody. Immunomedics, Inc. was founded in 1982 and is headquartered in Morris Plains, New Jersey.

Infinera Corporation (INFN) had a active trading with around 5.2M shares changing hands compared to its three month average trading volume of 1.95M. The stock traded between $11.87 and $12.38 before closing at the price of $12.33 with 1.9% change on the day. The Sunnyvale California 94089 based company is currently trading 70.54% above its 52 week low of $7.23 and -27.64% below its 52 week high of $17.04. Both the RSI indicator and target price of  and $8.89 respectively, lead us to believe that it could rise over the coming weeks.

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company offers Infinera DTN-X family of platforms for subsea, long-haul, regional, and metro mesh networks; Infinera DTN platform for subsea, long-haul, and regional mesh networks that support a range of Ethernet and optical transport network client interfaces; and Infinera FlexILS Line System platform that connects various Infinera platforms over long distance fiber optic cable. It also provides Infinera TM-Series, a carrier-grade packet-optical transport platform; Infinera TS-Series, a passive optical wavelength-division multiplexing (WDM) product; Infinera Cloud Xpress Platform, a compact platform for cloud/data center interconnect applications; and Infinera ATN Platform, a small form-factor WDM platform. In addition, the company offers Infinera Open Transport Switch, a software platform that enables abstraction and virtualization of the underlying Infinera platforms; and Infinera Management Suite, a network management system used by network operators to manage various Infinera platforms. Further, it provides various support services for vraious hardware and software products. The company serves communications service providers, Internet content providers, cable providers, wholesale and enterprise carriers, research and education institutions, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.

Gevo, Inc. (GEVO) saw its value decrease by -31.76% as the stock dropped $-0.74 to finish the day at a closing price of $1.59. The stock was higher in trading and has fluctuated between $1.55-$27.2 per share for the past year. The shares, which traded within a range of $1.55 to $1.71 during the day, are down by -79.62% in the past three months and down by -85.28% over the past six months. It is currently trading -47.39% below its 20 day moving average and -59.45% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $8.5 a share over the next twelve months. The current relative strength index (RSI) reading is 21.12.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

Gevo, Inc., a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. It operates in two segments, Gevo, Inc. and Gevo Development/Agri-Energy. The company engages in the research and development, and production of isobutanol; development of its proprietary biocatalysts; production and sale of biojet fuel; and retrofit process of chemicals and biofuels. It is also involved in the production of ethanol, isobutanol, and related products. Gevo, Inc. produces and separates its renewable isobutanol through the Gevo Integrated Fermentation Technology platform. The company was formerly known as Methanotech, Inc. and changed its name to Gevo, Inc. in March 2006. Gevo, Inc. was founded in 2005 and is headquartered in Englewood, Colorado.

 

Stocks on Trader’s Radar: Geron Corporation (GERN), Threshold Pharmaceuticals, Inc. (THLD), Cara Therapeutics, Inc. (CARA)

Geron Corporation (GERN) continued its upward trend with the stock climbing 2.54% or $0.06 to close the day at $2.42 on active trading volume of 4.25M shares, compared to its three month average trading volume of 1.25M. The Menlo Park California 94025 based company has been underperforming the biotechnology group over the past 52 weeks, with the stock losing -10.7%, compared to the industry which has advanced 0.36% over the same period. With RSI of 72.23, the stock should still continue to rise and get closer to its one year target estimate of $4.38, making it a hold for now.

Geron Corporation, a clinical stage biopharmaceutical company, focuses on the development of telomerase inhibitor, imetelstat, for treating hematologic myeloid malignancies. It has collaboration and license agreement with Janssen Biotech, Inc. to develop and commercialize imetelstat worldwide for indications in oncology, including hematologic myeloid malignancies and other human therapeutic uses. The company was founded in 1990 and is based in Menlo Park, California.

Threshold Pharmaceuticals, Inc. (THLD) climbed 15.48% during last trading as the stock added $0.1 to finish the day at $0.72 with about 4.1M shares changing hands, compared to its three month average trading volume of 795.03K. The $51.37M market cap company, which fluctuated between $0.6 and $0.734 during the day, currently situated 240.95% above its 52 week low of $0.21 and -51.62% away from its one year high of $1.48. The RSI of 79.48 indicates the stock is overbought at the current levels, sell for now.

Threshold Pharmaceuticals, Inc. discovers and develops therapeutic agents that target tumor cells for the treatment of cancer patients in the United States. Its lead investigational small molecule is evofosfamide, which is in two Phase III clinical trials for the treatment of soft tissue sarcoma indication and advanced pancreatic cancer; Phase II clinical trials for treating non-squamous non-small cell lung cancer; Phase II clinical trials for advanced melanoma; and Phase I/II clinical trials for multiple myeloma. The company is also involved in the study of evofosfamide in investigator sponsored trials, including Phase I/II clinical trials for glioblastoma; Phase I clinical trials for advanced renal cell carcinoma, gastrointestinal stromal tumors, and pancreatic neuroendocrine tumors; Phase II clinical trials for glioblastoma and pancreatic neuroendocrine tumors; Phase I clinical trials for advanced solid tumors; and Phase I/II clinical trials for advanced kidney cancer or liver cancer. In addition, it engages in developing Tarloxotinib, a hypoxia-activated EGFR tyrosine kinase inhibitor, which is in two Phase II clinical trials for patients with advanced non-squamous non-small cell lung cancer, as well as patients with squamous cell carcinomas of the head, neck, or skin; and [18F]-HX4, an investigational PET imaging agent for hypoxia. The company has a license agreement with Merck KGaA to co-develop and commercialize evofosfamide; license agreement with Auckland UniServices Ltd. for the development program based on Tarloxotinib; and license agreement with Eleison Pharmaceuticals, Inc. for the manufacture, development, and commercialization of glufosfamide for the treatment of cancer in humans and animals, as well as other uses. It also has a collaboration with the National Cancer Institute to study TH-3424, a drug candidate for the treatment of cancer. Threshold Pharmaceuticals, Inc. was founded in 2001 and is headquartered in South San Francisco, California.

Cara Therapeutics, Inc. (CARA) saw its value increase by 14.95% as the stock gained $2.02 to finish the day at a closing price of $15.53. The stock was higher in trading and has fluctuated between $4.26-$17.2 per share for the past year. The shares, which traded within a range of $13.52 to $15.78 during the day, are up by 64.51% in the past three months and up by 136.74% over the past six months. It is currently trading 9.68% above its 20 day moving average and 34.37% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $21.75 a share over the next twelve months. The current relative strength index (RSI) reading is 60.72. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Cara Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing chemical entities designed to alleviate pain and pruritus by selectively targeting kappa opioid receptors in the United States. The company is developing product candidates that target the body’s peripheral nervous system. Its lead product candidate includes I.V. CR845, which is in Phase III clinical trials for the treatment acute postoperative pain in adult patients, as well as completed Phase II clinical trials for the treatment of uremic pruritus disease. The company is also developing Oral CR845, which is in Phase IIa clinical trials for the treatment of moderate-to-severe acute and chronic pain; and CR701, which is in preclinical trial stage for treating neuropathic and inflammatory pain. It has licensing agreements with Chong Kun Dang Pharmaceutical Corporation to develop, manufacture, and commercialize products containing CR845 in South Korea; and Maruishi Pharmaceutical Co., Ltd to develop, manufacture, and commercialize drug products containing CR845 for acute pain and uremic pruritus in Japan. Cara Therapeutics, Inc. was founded in 2004 and is headquartered in Shelton, Connecticut.

 

Equities Trend Analysis: Palatin Technologies, Inc. (PTN), Biostage, Inc. (BSTG), Sears Holdings Corporation (SHLD)

Palatin Technologies, Inc. (PTN) retreated with the stock falling -1.26% or $-0.01 to close at $0.39 on active trading volume of 3.09M compared its three months average trading volume of 2.72M. The Cranbury New Jersey 08512 based company operating under the Diagnostic Substances industry has been trending down for the last 52 weeks, with the shares price now -23.32% down for the period and down by -22.19% so far this year. With price target of $3.83 and a 7.79% rebound from 52-week low, Palatin Technologies, Inc. has plenty of upside potential, making it a hold with a view buy.

Palatin Technologies, Inc., a biopharmaceutical company, develops targeted, receptor-specific peptide therapeutics for the treatment of various diseases in the United States. The company’s principal product is Bremelanotide, an as needed subcutaneous injectable peptide melanocortin receptor agonist, which is in the Phase III clinical studies for the treatment of premenopausal women with hypoactive sexual desire disorder (HSDD). Its drug development programs also include Melanocortin receptor-4 (MC4r) peptides and small molecule agonists that are under the preclinical trials for the treatment of conditions responsive to MC4r activation, including female sexual dysfunction, HSDD, erectile dysfunction, obesity, and diabetes; and Melanocortin receptor-1 peptide agonists, which are under preclinical studies for the treatment of inflammatory and dermatologic disease indications, as well as other Melanocortin receptors. In addition, the company is involved in the development of natriuretic peptide receptor-specific programs, including PL-3994, a natriuretic peptide receptor-A, which is in Phase II clinical studies for treatment of heart failure, acute exacerbations of asthma, and refractory hypertension. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.

Biostage, Inc. (BSTG) had a light trading with around 3.09M shares changing hands compared to its three month average trading volume of 395.49K. The stock traded between $0.3032 and $0.3298 before closing at the price of $0.31 with -0.58% change on the day. The Holliston Massachusetts 01746 based company is currently trading 6.36% above its 52 week low of $0.2925 and -89.12% below its 52 week high of $2.8599. Both the RSI indicator and target price of  and $3 respectively, lead us to believe that it could rise over the coming weeks.

Biostage, Inc., a biotechnology company, engages in developing bioengineered organ implants based on its Cellframe technology. The company’s Cellframe technology combines a proprietary biocompatible scaffold with a patient’s own stem cells to create Cellspan organ implants. The company is developing bioengineered organ implants to treat cancers, infection, trauma, congenital abnormalities, and other life-threatening conditions of the esophagus, bronchus, and trachea. Its implants are being advanced and tested in a preclinical collaborative study with Mayo Clinic. The company was formerly known as Harvard Apparatus Regenerative Technology, Inc. and changed its name to Biostage, Inc. in March 2016. Biostage, Inc. was founded in 2007 and is headquartered in Holliston, Massachusetts.

Sears Holdings Corporation (SHLD) saw its value increase by 10.94% as the stock gained $0.7 to finish the day at a closing price of $7.1. The stock was higher in trading and has fluctuated between $5.5-$19.12 per share for the past year. The shares, which traded within a range of $6.23 to $7.3 during the day, are down by -43.96% in the past three months and down by -59.8% over the past six months. It is currently trading -5.18% below its 20 day moving average and -22.48% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $9 a share over the next twelve months. The current relative strength index (RSI) reading is 45.05.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Sears Holdings Corporation operates as a retailer in the United States. It operates in two segments, Kmart and Sears Domestic. The Kmart segment operates retail stores that offer a range of products, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and in-store pharmacies. It provides merchandise under the Jaclyn Smith, Joe Boxer, and Alphaline labels; Sears brand products, such as Kenmore, Craftsman, and DieHard; and Kenmore-branded products. As of October 31, 2015, this segment operated approximately 952 Kmart stores. The Sears Domestic segment operates stores that provide appliances, consumer electronics/connected solutions, tools, sporting goods, outdoor living, lawn and garden equipment, apparel, footwear, jewelry, and accessories, as well as automotive services and products, such as tires, batteries, and home fashion products. It also offers appliances and services to commercial customers in the single-family residential construction/remodel, property management, multi-family new construction, and government/military sectors; appliance and plumbing fixtures to architects, designers, and new construction or remodeling customers; parts and repair services for appliances, lawn and garden equipment, consumer electronics, floor care products, and heating and cooling systems; and home improvement services, as well as protection agreements and product installation services. This segment provides merchandise under the Kenmore, Craftsman, DieHard, Covington, Canyon River Blues, Metaphor, Outdoor Life, Structure, and Apostrophe brands, as well as under the Roadhandler, Ty Pennington Style, and Alphaline brands. As of October 31, 2015, this segment operated 735 Sears stores. Sears Holdings Corporation was founded in 1899 and is based in Hoffman Estates, Illinois.

 

3 Trending Stocks: Galectin Therapeutics, Inc. (GALT), Pier 1 Imports, Inc. (PIR), First Bancorp (FBP)

Galectin Therapeutics, Inc. (GALT) managed to rebound with the stock climbing 40.62% or $0.52 to close the day at $1.8 on light trading volume of 2.74M shares, compared to its three month average trading volume of 350.18K. The Norcross Georgia 30071 based company has been outperforming the drugs – generic group over the past 52 weeks, with the stock gaining 63.64%, compared to the industry which has dropped -2.72% over the same period. With RSI of 84.11, the stock should still continue to rise and get closer to its one year target estimate of $1.12, making it a hold for now.

Galectin Therapeutics, Inc., a clinical stage biopharmaceutical company, engages in the research and development of therapies for fibrotic disease and cancer. The company’s lead product candidate includes galectin-3 inhibitor (GR-MD-02), a galactoarabino-rhamnogalacturonan polysaccharide polymer for the treatment of liver fibrosis and liver cirrhosis in non-alcoholic steatohepatitis patients, as well as for the treatment of cancer. It also engages in developing GM-CT-01, which is in pre-clinical development state for the treatment of cardiac and vascular fibrosis, as well as focuses on developing GR-MD-02 for the treatment of psoriasis. The company, through its collaborative joint venture, Galectin Sciences, LLC with SBH Sciences, Inc., is also involved in the research and development of small organic molecule inhibitors of galectin-3 for oral administration. The company was formerly known as Pro-Pharmaceuticals, Inc. and changed its name to Galectin Therapeutics, Inc. in May 2011. Galectin Therapeutics, Inc. was founded in 2000 and is based in Norcross, Georgia.

Pier 1 Imports, Inc. (PIR) fell 0% during last trading as the stock lost $0 to finish the day at $7.2 with about 2.73M shares changing hands, compared to its three month average trading volume of 3.25M. The $615.82M market cap company, which fluctuated between $7.14 and $7.33 during the day, currently situated 97.81% above its 52 week low of $3.73 and -25.01% away from its one year high of $9.68. The RSI of 47.59 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrance, gifts, and seasonal items. The company also provides furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios. Further, it supplies merchandise and licenses the Pier 1 Imports name. The company sells its products through retail stores and e-Commerce Website. As of February 27, 2016, the company operated 953 stores in the United States and 79 stores in Canada. Pier 1 Imports, Inc. was founded in 1970 and is headquartered in Fort Worth, Texas.

First Bancorp (FBP) saw its value decrease by -1.5% as the stock dropped $-0.1 to finish the day at a closing price of $6.56. The stock was higher in trading and has fluctuated between $2.22-$7.05 per share for the past year. The shares, which traded within a range of $6.54 to $6.7 during the day, are up by 7.54% in the past three months and up by 43.86% over the past six months. It is currently trading -1.25% below its 20 day moving average and -0.58% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $7.58 a share over the next twelve months. The current relative strength index (RSI) reading is 48.28. The technical indicator lead us to believe there will be no major movement any time soon, hold.

First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to retail, commercial, and institutional clients. Its Commercial and Corporate Banking segment offers commercial real estate and construction loans, and floor plan financings; and cash and business management services, as well as underwrites municipal securities and provides financial advisory services. The company’s Consumer (Retail) Banking segment offers auto, boat, and personal loans; credit cards; lines of credit; and deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit, as well as engages in the finance leasing and insurance activities. Its Mortgage Banking segment is involved in the origination, sale, securitization, and servicing of various residential mortgage loan products and related hedging activities; acquisition and sale of mortgages in the secondary markets; and provision of mortgage loans purchased from other local banks and mortgage bankers. The company’s Treasury and Investments segment engages in the treasury and investment management activities, such as funding and liquidity management. Its United States Operations segment offers checking, savings, and money market accounts; and residential mortgages, home equity loans, lines of credit, and automobile loans, as well as retail certificates of deposits, Internet banking services, remote data capture, automated clearing house transactions, and commercial real estate products. The company’s Virgin Islands Operations segment is involved in the consumer, commercial lending, and deposit-taking activities. As of December 31, 2015, it operated 51 branches in Puerto Rico, 11 branches in the U.S. Virgin Islands and British Virgin Islands, and 10 branches in the state of Florida. The company was founded in 1948 and is headquartered in Santurce, Puerto Rico.

 

3 Notable Runners: FirstEnergy Corp. (FE), Chevron Corporation (CVX), Cabot Oil & Gas Corporation (COG)

FirstEnergy Corp. (FE) failed to extend gains with the stock declining -0.56% or $-0.17 to close the day at $30.36 on lower than average trading volume of 2.57M shares, compared to its three month average trading volume of 4.39M. The Akron Ohio 44308 based company has been outperforming the electric utilities companies by -2.8899% for last three months and its recent losses have pulled the stock down -0.78% YTD, versus the electric utilities industry which is up 1.73% for the same period. The RSI of 54.51 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,211 pole miles of overhead and underground transmission lines; and electric distribution systems, including 268,682 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits; as well as owns substations with a total installed transformer capacity of approximately 154,612,802 kilovolt-amperes. The company serves approximately six million customers within 65,000 square miles in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is based in Akron, Ohio.

Chevron Corporation (CVX) had a light trading with around 5.81M shares changing hands compared to its three month average trading volume of 6.46M. The stock traded between $111.78 and $113.07 before closing at the price of $112.52 with -1.22% change on the day. The San Ramon California 94583 based company is currently trading 40% above its 52 week low of $82.9 and -5.45% below its 52 week high of $119. Both the RSI indicator and target price of 43.69 and $126.25 respectively, lead us to believe that it should be put on hold over the coming weeks.

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. It is also involved in the cash management and debt financing activities; corporate administrative operations; insurance operations; real estate activities; and technology businesses. Further, the company holds interests in power plants, as well as operates geothermal plants; and engages in the transportation of refined products primarily in the coastal waters of the United States. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.

Cabot Oil & Gas Corporation (COG) traded within a range of $23.67 to $24.32 after opening the day at $23.86. The company has seen its stock increase in value by 3.86% so far this year. The stock was up close to 1.21% on light volume in last trading session and closed at $24.24 per share. After the recent gain, the stock is currently holding -9.18% below its 52 week high of $26.74 and 31.63% above its 12-month low of $18.73. The shares are up by over 13.75% in the last three months, and the RSI indicator value of 62.15 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale in northeast Pennsylvania with approximately 200,000 net acres in the dry gas window of the play; and the Eagle Ford Shale in south Texas with approximately 85,500 net acres in the oil window of the play. It also transports, stores, gathers, and purchases natural gas for resale. The company sells its natural gas to industrial customers, local distribution companies, and gas marketers through gathering systems and pipelines, as well as to intrastate pipelines, natural gas processors, and marketing companies. As of December 31, 2015, it had proved reserves of approximately 8,190 billion cubic feet of natural gas equivalent. The company was founded in 1989 and is headquartered in Houston, Texas.

 

Trader’s Buzzers: Tesla, Inc. (TSLA), Targa Resources Corp. (TRGP), Twitter, Inc. (TWTR)

Tesla, Inc. (TSLA) traded within a range of $278.61 to $287.39 after opening the day at $279.03. The company has seen its stock increase in value by 31.49% so far this year. The stock was up close to 0.14% on active volume in last trading session and closed at $280.98 per share. After the recent gain, the stock is currently holding 0.07% above its 52 week high of $287.39 and 82.32% above its 12-month low of $156.68. The shares are up by over 49.01% in the last three months, and the RSI indicator value of 87.75 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. The company primarily offers sedans and sport utility vehicles. It also offers electric vehicle powertrain components and systems to other manufacturers. The company sells its products through a network of Tesla stores and galleries, as well as through Internet. In addition, it designs, manufactures, installs, monitors, maintains, leases, and sells solar energy systems to government, residential, and commercial customers; and sells electricity generated by solar energy systems to customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

Targa Resources Corp. (TRGP) failed to extend gains with the stock declining -0.44% or $-0.26 to close the day at $59.3 on light trading volume of 1.52M shares, compared to its three month average trading volume of 2.08M. The Houston Texas 77002 based company has been outperforming the oil & gas pipelines group over the past 52 weeks, with the stock gaining 274.02%, compared to the industry which has advanced 67.77% over the same period. With RSI of 56.76, the stock should still continue to rise and get closer to its one year target estimate of $57.67, making it a hold for now.

Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. It is involved in gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, terminaling, and selling NGLs and NGL products; and gathering, storing, and terminaling crude oil and refined petroleum products. The company also purchases and resells component NGL products; sells propane and provides related logistics services to multi-state retailers, independent retailers, and other end-users; offers NGL balancing services; and provides transportation services to refineries and petrochemical companies in the Gulf Coast area. It operates approximately 23,630 miles of natural gas pipelines, including 28 owned and operated processing plants; and 39 storage wells with a net storage capacity of approximately 64 million barrels. As of December 31, 2015, the company leased and managed approximately 716 railcars; 80 owned and leased transport tractors; and 20 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas.

Twitter, Inc. (TWTR) gained $0.71 to close the day at a new closing price of $16.52, a 4.49% increase in value from its previous closing price that moved the stock 20.32% above its 52 week low of $13.73. A total of 34.74M shares exchanged hands during the day compared with its three month average trading volume of 18.68M. The stock, which fluctuated between $15.85 and $16.6 during the day, currently situated -34.57% below its 52 week high. The stock is down by -4.23% in the past one month and down by -10.94% over the past three months. With a one year target estimate of $16.57 and RSI of 43.87, the stock still has upside potential, making it a hold for now.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.