Chris Butler

Momentum Stocks in Focus: E*TRADE Financial Corporation (ETFC), QVC Group (QVCA), The Southern Company (SO)

E*TRADE Financial Corporation (ETFC) continued its upward trend with the stock climbing 1.99% or $0.72 to close the day at $36.88 on light trading volume of 2.56M shares, compared to its three month average trading volume of 3.12M. The New York New York 10020 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 68.71%, compared to the industry which has advanced 66.62% over the same period. With RSI of 56.04, the stock should still continue to rise and get closer to its one year target estimate of $42.82, making it a hold for now.

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

QVC Group (QVCA) grew with the stock adding 0.95% or $0.18 to close at $19.21 on light trading volume of 1.52M compared its three months average trading volume of 2.79M. The Englewood Colorado 80112 based company operating under the Catalog & Mail Order Houses industry has been trending down for the last 52 weeks, with the shares price now -20.75% down for the period and down by -3.85% so far this year. With price target of $30 and a 7.44% rebound from 52-week low, QVC Group has plenty of upside potential, making it a hold with a view buy.

QVC Group markets and sells a range of consumer products primarily through live merchandise-focused televised shopping programs, Internet, and mobile applications. The company’s Websites offers home, beauty, jewelry, accessories, and electronic products. It also operates as an online retailer of women’s, children’s, and men’s apparel, and children’s merchandise; and kitchen accessories and home décor products, as well as retails products through catalogs, and brick-and-mortar stores. In addition, the company distributes home and apparel lifestyle products under various brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Chasing Fireflies, and Travelsmith. Its programming distributed products to approximately 317 million homes in the United States, Japan, Germany, Austria, the United Kingdom, Ireland, Italy, and China. The company was formerly known as Liberty Interactive Group. QVC Group is based in Englewood, Colorado. QVC Group is a subsidiary of Liberty Interactive Corporation.

The Southern Company (SO) failed to extend gains with the stock declining -1.28% or $-0.63 to close the day at $48.59 on higher than average trading volume of 5.32M shares, compared to its three month average trading volume of 4.51M. The Atlanta Georgia 30308 based company has been outperforming the electric utilities companies by 2.8101% for last three months and its recent gains have offset losses to -1.22% YTD, versus the electric utilities industry which is up 1.73% for the same period. The RSI of 46.76 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Southern Company, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, including renewable energy projects. As of December 31, 2015, it operated 33 hydroelectric generating stations, 31 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 16 solar facilities, 1 wind facility, 1 biomass facility, and 1 landfill gas facility. The company also provides digital wireless communications services with various communication options, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data; and wholesale fiber optic solutions to telecommunication providers in the Southeast. The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia.

 

3 Notable Runners: Best Buy Co., Inc. (BBY), Phillips 66 (PSX), Principal Financial Group, Inc. (PFG)

Best Buy Co., Inc. (BBY) managed to rebound with the stock climbing 3% or $1.32 to close the day at $45.29 on lower than average trading volume of 5.08M shares, compared to its three month average trading volume of 5.31M. The Richfield Minnesota 55423 based company has been outperforming the electronics stores companies by 18.5974% for last three months and its recent gains have pushed the stock slightly up 6.14% YTD, versus the electronics stores industry which is up 5.01% for the same period. The RSI of 53.46 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, bestbuy.com.mx, and Geek Squad brand names, as well as through call centers. As of January 30, 2016, it had approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

Phillips 66 (PSX) had a active trading with around 2.54M shares changing hands compared to its three month average trading volume of 2.29M. The stock traded between $79.15 and $80.1 before closing at the price of $79.98 with 0.1% change on the day. The Houston Texas 77042 based company is currently trading 10.28% above its 52 week low of $73.67 and -10% below its 52 week high of $90.87. Both the RSI indicator and target price of 37.62 and $90.87 respectively, lead us to believe that it should be put on hold over the coming weeks.

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment gathers, processes, transports, and markets natural gas; and transports, fractionates, and markets natural gas liquids in the United States. This segment also transports crude oil and other feedstocks to its refineries and other locations, as well as delivers refined and specialty products, and provides terminaling and storage services for crude oil and petroleum products. The Chemicals segment manufactures and markets ethylene and other olefin products; aromatics products, such as benzene, styrene, paraxylene, and cyclohexane, as well as polystyrene and styrene-butadiene copolymers; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, drilling chemicals, and mining chemicals. The Refining segment buys, sells, and refines crude oil and other feedstocks into petroleum products comprising gasolines, distillates, and aviation fuels at 14 refineries primarily in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products consisting of gasolines, distillates, and aviation fuels in the United States and Europe. It also manufactures and sells specialty products, such as petroleum coke, waxes, solvents, and polypropylene. In addition, this segment is involved in the generation of electricity. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.

Principal Financial Group, Inc. (PFG) traded within a range of $61.95 to $62.59 after opening the day at $62.01. The company has seen its stock increase in value by 7.26% so far this year. The stock was down close to -0.05% on light volume in last trading session and closed at $62.06 per share. After the recent fall, the stock is currently holding -0.42% below its 52 week high of $62.59 and 80.67% above its 12-month low of $35.73. The shares are up by over 9.12% in the last three months, and the RSI indicator value of 69.08 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. It operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services, including retirement savings and income. It offers products and services for defined contribution pension plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, and employee stock ownership plans; individual retirement accounts and payroll deduction plans; investment-only products; and annuities, mutual funds, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation and income annuity products, mutual funds, asset management, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, China, Hong Kong Special Administrative Region, India, Mexico, and the Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits consisting of group dental and vision insurance, individual and group disability insurance, and group life insurance; and individual life insurance products comprising universal and variable universal life insurance and term life insurance, as well as non-medical fee-for-service claims administration services in the United States. It also provides insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.

 

Stocks Highlights: The Goldman Sachs Group, Inc. (GS), Chubb Limited (CB), AmerisourceBergen Corporation (ABC)

The Goldman Sachs Group, Inc. (GS) had a light trading with around 4.11M shares changing hands compared to its three month average trading volume of 4.24M. The stock traded between $245.69 and $250 before closing at the price of $249.46 with 1.3% change on the day. The New York New York 10282 based company is currently trading 81.77% above its 52 week low of $138.2 and 0.68% above its 52 week high of $250. Both the RSI indicator and target price of 65.21 and $247.8 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, such as strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, including public offerings and private placements of various securities and other financial instruments, as well as derivative transactions entered into with public and private sector clients. The Institutional Client Services segment is involved in client execution activities related to making markets in interest rate products, credit products, mortgages, currencies, commodities, and equities; and provides securities services, such as financing, securities lending, and other prime brokerage services, as well as markets in and clears client transactions on primary stock, options, and futures exchanges. The Investing & Lending segment invests in and originates longer-term loans to provide financing to clients; and makes investments in debt securities and loans, public and private equity securities, and real estate entities. The Investment Management segment offers investment management products and services; and wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

Chubb Limited (CB) continued its upward trend with the stock climbing 0.13% or $0.18 to close the day at $133.99 on light trading volume of 1.01M shares, compared to its three month average trading volume of 1.52M. The Zurich Zurich 8001 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 16.49%, compared to the industry which has advanced 28.5% over the same period. With RSI of 62.09, the stock should still continue to rise and get closer to its one year target estimate of $140.65, making it a hold for now.

Chubb Limited, through its subsidiaries, property and casualty insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers’ compensation, package policies, and risk management; and specialty categories, such as professional lines, marine and construction risk, environmental and cyber risk, and excess casualty, as well as group accident and health insurance to large, middle market, and small commercial businesses in the United States, Bermuda, and Canada. Its North America Personal P&C Insurance segment offers affluent and high net worth individuals and families with homeowners, automobile, valuables, umbrella, and recreational marine insurance and services in the United States and Canada. The company’s North America Agricultural Insurance segment provides comprehensive multiple peril crop and crop-hail insurance; and coverage for farm and ranch property, as well as commercial agriculture products. Its Overseas General Insurance segment offers coverage for traditional commercial property and casualty, and specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction risk, as well as group accident and health, and traditional and specialty personal lines. The company’s Global Reinsurance segment markets reinsurance products; and provides solutions for small to mid-sized clients and multinational ceding companies. Its Life Insurance segment offers protection and savings products comprising whole life, endowment plans, individual term life, group term life, group medical, personal accident, credit life, universal life, and unit linked contracts. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016 as a result of its acquisition of The Chubb Corporation. Chubb Limited was founded in 1985 and is headquartered in Zurich, Switzerland.

AmerisourceBergen Corporation (ABC) shares were up in last trading by 0.38% to $90.82. It experienced lighter than average volume on day. The stock increased in value by almost 0.54% over the past week and grew 7.33% in the past month. It is currently trading 9.63% above its 50 day moving average and 12.19% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.89% decrease in value from its one year high of $94.5. The RSI indicator value of 66.02, lead us to believe that it is a hold for now.

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, outsourced compounded sterile preparations, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers. In addition, this segment provides pharmaceutical distribution and other services primarily to physicians who specialize in various disease states, primarily oncology, as well as to other healthcare providers, including hospitals and dialysis clinics; distributes plasma and other blood products, injectable pharmaceuticals, vaccines, and other specialty products; and offers third party logistics and outcomes research, and other services for biotechnology and other pharmaceutical manufacturers. The company’s Other segment provides commercialization support services, including reimbursement support programs, outcomes research, contract field staffing, patient assistance and co-pay assistance programs, adherence programs, risk mitigation services, and other market access programs to pharmaceutical and biotechnology manufacturers; specialty transportation and logistics services for the biopharmaceutical industry; and animal health care products. It markets its products and services through independent sales forces and marketing organizations. AmerisourceBergen Corporation was founded in 1985 and is headquartered in Chesterbrook, Pennsylvania.

 

3 Stocks to Watch For: Boston Scientific Corporation (BSX), Expedia, Inc. (EXPE), Crown Castle International Corp. (CCI)

Boston Scientific Corporation (BSX) saw its value decrease by -0.47% as the stock dropped $-0.12 to finish the day at a closing price of $25.18. The stock was higher in trading and has fluctuated between $16.82-$25.45 per share for the past year. The shares, which traded within a range of $24.98 to $25.29 during the day, are up by 17.12% in the past three months and up by 5.05% over the past six months. It is currently trading 3.34% above its 20 day moving average and 10.74% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $28.12 a share over the next twelve months. The current relative strength index (RSI) reading is 73.81.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems. It also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters used to treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; implantable cardiac resynchronization therapy pacemaker systems used to treat heart failure; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising steerable radio frequency ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. Further, it provides products to diagnose and treat diseases of the pulmonary and gastrointestinal conditions; devices to diagnose, treat, and ease pulmonary disease systems within the airway and lungs; products to treat urinary stone disease and benign prostatic hyperplasia; mid-urethral sling products, sling and graft materials, pelvic floor reconstruction kits, and suturing devices; and spinal cord stimulator systems. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

Expedia, Inc. (EXPE) shares were up in last trading by 0.14% to $119.67. It experienced higher than average volume on day. The stock decreased in value by almost -2.18% over the past week and grew 0.72% in the past month. It is currently trading 0.6% above its 50 day moving average and 3.38% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -10.2% decrease in value from its one year high of $133.55. The RSI indicator value of 46.82, lead us to believe that it is a hold for now.

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.

Crown Castle International Corp. (CCI) traded within a range of $89.17 to $90.34 after opening the day at $90.03. The company has seen its stock increase in value by 4.01% so far this year. The stock was up close to 0.03% on light volume in last trading session and closed at $90.25 per share. After the recent gain, the stock is currently holding -10.4% below its 52 week high of $102.82 and 14.93% above its 12-month low of $79.38. The shares are up by over 10.92% in the last three months, and the RSI indicator value of 64.19 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Crown Castle International Corp., together with its subsidiaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells). It provides access, including space or capacity to its towers, small cells, and third party land interests via long-term contracts in various forms, including license, sublease, and lease agreements. In addition, the company offers network services relating to wireless infrastructure, primarily consisting of antenna installations or subsequent augmentations, as well as site development services relating to wireless infrastructure. As of December 31, 2013, it owned, leased, or managed approximately 39,600 towers in the United States, including Puerto Rico; and approximately 1,700 towers in Australia. The company was founded in 1994 and is headquartered in Houston, Texas.

 

Stocks on the Move: Edwards Lifesciences Corporation (EW), Hologic, Inc. (HOLX), KKR & Co. L.P. (KKR)

Edwards Lifesciences Corporation (EW) continued its downward trend with the stock declining -0.52% or $-0.47 to close the day at $89.49 on light trading volume of 1.76M shares, compared to its three month average trading volume of 2.34M. The Irvine California 92614 based company has been outperforming the medical appliances & equipment group over the past 52 weeks, with the stock gaining 5.97%, compared to the industry which has advanced 19.59% over the same period. With RSI of 37.62, the stock should still continue to rise and get closer to its one year target estimate of $115.31, making it a hold for now.

Edwards Lifesciences Corporation provides products and technologies to treat structural heart disease and critically ill patients worldwide. It offers transcatheter heart valve therapy products comprising transcatheter aortic heart valves and their delivery systems for the nonsurgical replacement of heart valves. The company also provides surgical heart valve therapy products, such as pericardial valves for aortic and mitral replacement, and minimally invasive aortic heart valve system; and tissue heart valves and repair products, which are used to replace or repair a patient’s diseased or defective heart valve. In addition, it produces pericardial valves from biologically inert animal tissue; and provides heart valve repair therapies, including annuloplasty rings and systems. Further, the company offers critical care products, such as hemodynamic monitoring systems to measure a patient’s heart function in surgical and intensive care settings; pulmonary artery catheters; and continuous venous oximetry catheter for measuring central venous oxygen saturation. Additionally, its critical care products include disposable pressure monitoring devices and closed blood sampling systems to protect patients and clinicians from infection; and peripheral vascular products used to treat endolumenal occlusive disease, such as embolectomy catheters for removing blood clots from peripheral blood vessels. The company distributes its products through direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1999 and is headquartered in Irvine, California.

Hologic, Inc. (HOLX) fell -2.47% during last trading as the stock lost $-0.99 to finish the day at $39.03 with about 7.09M shares changing hands, compared to its three month average trading volume of 2.38M. The $10.95B market cap company, which fluctuated between $37.76 and $39.12 during the day, currently situated 19.65% above its 52 week low of $32.64 and -5.36% away from its one year high of $41.24. The RSI of 40.34 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

KKR & Co. L.P. (KKR) saw its value increase by 0.06% as the stock gained $0.01 to finish the day at a closing price of $18.01. The stock was higher in trading and has fluctuated between $11.17-$18.4 per share for the past year. The shares, which traded within a range of $17.6 to $18.07 during the day, are up by 22.18% in the past three months and up by 22.1% over the past six months. It is currently trading 2.25% above its 20 day moving average and 6.53% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $19.45 a share over the next twelve months. The current relative strength index (RSI) reading is 60.6. The technical indicator lead us to believe there will be no major movement any time soon, hold.

KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things (iot), internet, information services, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy. In energy and infrastructure, it focuses on the Upstream Oil and Gas and Equipment and Services verticals. In real estate, the firm seeks to invest in private and public real estate securities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings, and oil and natural gas properties. The firm also invests in asset services sector that encompasses a broad array of B2B, B2C and B2G services verticals including asset-based, transport, logistics, leisure/hospitality, resource and utility support, infra-like, mission-critical, and environmental services. Within Americas, the firm prefers to invest in consumer products; chemicals, metals and mining; energy and natural resources; financial services; healthcare; industrials; media and communications; retail; and technology. Within Europe, the firm invests in consumer and retail; energy; financial services; health care; industrials and chemicals; media and digital; and telecom and technologies. Within Asia, it invests in consumer products; energy and resources; financial services; healthcare; industrials; logistics; media and telecom; retail; real estate; and technology. The firm seeks to invest in mid to high-end residential developments, but can invest in other projects throughout Mainland China through outright ownership, joint ventures, and merger. It invests globally with a focus on Australia, emerging and developed Asia, Middle East and Africa, Nordic, Southeast Asia, Asia Pacific, Ireland, Hong Kong, Japan, Taiwan, India, Vietnam, Indonesia, France, Germany, Netherlands, United Kingdom, Caribbean, Mexico, South America, North America, Brazil, Latin America, Korea, and United States of America. In the United States and Europe, the firm focuses on buyouts of large, publicly traded companies. It seeks to invest $30 million to $717 million in companies with enterprise values between $500 million to $2389 million. The firm prefers to invest in a range of debt and public equity investing and may co-invest. It seeks a board seat in its portfolio companies and a controlling ownership of a company or a strategic minority positions. The firm may acquire minority equity interests, particularly when making private equity investments in Asia or sponsoring investments as part of a large investor consortium. The firm typically holds its investment for a period of five to seven years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. KKR & Co. L.P. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, and Asia.

 

Stocks To Watch: Linear Technology Corporation (LLTC), Sirius XM Holdings Inc. (SIRI), Marriott International, Inc. (MAR)

Linear Technology Corporation (LLTC) traded within a range of $63.63 to $63.95 after opening the day at $63.92. The company has seen its stock increase in value by 2.41% so far this year. The stock was down close to -0.03% on light volume in last trading session and closed at $63.85 per share. After the recent fall, the stock is currently holding -0.08% below its 52 week high of $64.42 and 55.99% above its 12-month low of $41.77. The shares are up by over 6.6% in the last three months, and the RSI indicator value of 65.88 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Linear Technology Corporation designs, manufactures, and markets a line of analog integrated circuits worldwide. It offers amplifiers, high speed amplifiers, voltage regulators and references, interface circuits, data converters, battery stack monitors, silicon oscillators and Timer Blox, and phase locked loop synthesizers and clock distribution products. The company also provides SmartMesh embedded wireless sensor network products; isolated µModule transceivers; radio and microwave frequency circuits; power over Ethernet controllers; µModule power products; signal chain µModule products; and other linear circuits comprising buffers, power monitors, motor controllers, coulomb counters, diodes/bridges, hot swap circuits, comparators, sample-and-hold devices, timers, drivers, and filters. Its linear circuits are used in various applications, including factory automation, process control, industrial and laboratory instrumentation, security monitoring and complex medical devices, telecommunications, and networking products; automotive electronics, tablet, notebook, and desktop computers; computer peripherals, video/multimedia, military, space, and other harsh environment systems; and consumer products. The company markets its products primarily through direct sales staff and electronics distributors. Linear Technology Corporation was founded in 1981 and is headquartered in Milpitas, California.

Sirius XM Holdings Inc. (SIRI) failed to extend gains with the stock declining -0.42% or $-0.02 to close the day at $4.74 on light trading volume of 21.43M shares, compared to its three month average trading volume of 26.47M. The New York New York 10020 based company has been outperforming the broadcasting – radio group over the past 52 weeks, with the stock gaining 36.43%, compared to the industry which has advanced 40.56% over the same period. With RSI of 58.27, the stock should still continue to rise and get closer to its one year target estimate of $5.17, making it a hold for now.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones, tablets, computers, home devices, and other consumer electronic equipment. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, and stolen or parked vehicle locator services. The company also sells satellite radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation.

Marriott International, Inc. (MAR) gained $0.51 to close the day at a new closing price of $87.89, a 0.58% increase in value from its previous closing price that moved the stock 45.58% above its 52 week low of $60.87. A total of 2.37M shares exchanged hands during the day compared with its three month average trading volume of 2.62M. The stock, which fluctuated between $87.06 and $87.91 during the day, currently situated 0.54% above its 52 week high. The stock is up by 6.35% in the past one month and up by 20.23% over the past three months. With a one year target estimate of $85.92 and RSI of 70.35, the stock still has upside potential, making it a sell for now.

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

 

Stocks In Action: Church & Dwight Co., Inc. (CHD), Edison International (EIX), Paychex, Inc. (PAYX)

Church & Dwight Co., Inc. (CHD) traded within a range of $48.04 to $48.57 after opening the day at $48.17. The company has seen its stock increase in value by 9.82% so far this year. The stock was up close to 0.23% on light volume in last trading session and closed at $48.53 per share. After the recent gain, the stock is currently holding -8.91% below its 52 week high of $53.68 and 14.03% above its 12-month low of $42.56. The shares are up by over 11.48% in the last three months, and the RSI indicator value of 75.83 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products in the United States. It operates through three segments: Consumer Domestic, Consumer International, and Specialty Products Division (SPD). The Consumer Domestic segment offers household products, such as baking soda, carpet and cat litter deodorizers, clumping cat litters, washing soda, fabric softeners, daily shower cleaners, cleaning products, dishwashing detergents and boosters, laundry and cleaning solutions, and bathroom cleaners, as well as powder, liquid, and unit dose laundry detergents; and personal care products comprising toothpastes and oral rinses, home pregnancy and ovulation test kits, deodorants and antiperspirants, toothbrushes, shampoos, dietary supplements, depilatories, lotions, creams, waxes, oral analgesics, nasal saline moisturizers, and feminine hygiene products, as well as condoms, lubricants, and vibrating products. The Consumer International segment sells personal care, household, and over-the-counter products in international markets, such as Canada, France, Australia, China, the United Kingdom, Mexico, and Brazil. The SPD segment offers animal nutrition products, including feed grade sodium bicarbonate, rumen fermentation enhancers, feed grade potassium carbonate, rumen bypass fat and lysine, omega 3 and 6 essential fatty acids, natural sodium sesquicarbonate, and refined functional carbohydrate; and specialty chemicals, such as performance grade sodium bicarbonate, and potassium carbonate and bicarbonate. It also provides specialty cleaners, such as aqueous cleaners and deodorizers for commercial and industrial applications. The company sells its products through supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and pet stores, and other specialty stores, as well as through Websites. Church & Dwight Co., Inc. was founded in 1846 and is headquartered in Ewing, New Jersey.

Edison International (EIX) failed to extend gains with the stock declining -0.22% or $-0.17 to close the day at $75.39 on light trading volume of 1.48M shares, compared to its three month average trading volume of 1.67M. The Rosemead California 91770 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 24.18%, compared to the industry which has advanced 10.28% over the same period. With RSI of 72.37, the stock should still continue to rise and get closer to its one year target estimate of $77.88, making it a hold for now.

Edison International, through its subsidiaries, generates and supplies electricity in the United States. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks. The company’s transmission facilities consist of lines ranging from 33 kV to 500 kV and substations; and distribution system comprises approximately 53,000 line miles of overhead lines, 38,000 line miles of underground lines, and approximately 800 distribution substations located in California. It serves approximately 5 million customers. Edison International was incorporated in 1987 and is based in Rosemead, California.

Paychex, Inc. (PAYX) gained $0.23 to close the day at a new closing price of $59.27, a 0.39% increase in value from its previous closing price that moved the stock 25.8% above its 52 week low of $50.05. A total of 1.11M shares exchanged hands during the day compared with its three month average trading volume of 2.02M. The stock, which fluctuated between $58.83 and $59.33 during the day, currently situated -3.96% below its 52 week high. The stock is down by -2.85% in the past one month and up by 5.36% over the past three months. With a one year target estimate of $58.93 and RSI of 48.45, the stock still has upside potential, making it a hold for now.

Paychex, Inc. provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that include payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It also provides human resource outsourcing services, such as Paychex HR solutions comprising payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, the company offers insurance services for property and casualty coverage, such as workers’ compensation, business-owner policies, commercial auto, and health and benefits coverage, including health, dental, vision, and life; cloud-based human resource administration software products for employee benefits management and administration, and time and attendance solutions; and other human resource services and products, such as employee handbooks, management manuals, and personnel and required regulatory forms. Further, it provides various accounting and financial services to small- to medium-sized businesses, which include purchasing of accounts receivable as a means of providing funding to clients in the temporary staffing industry; a cloud-based accounting service; payment processing services; payment distribution services; and a small-business loan resource center. Paychex, Inc. markets its products and services through direct sales force. The company was founded in 1979 and is headquartered in Rochester, New York.

 

Three Movers to Watch for: Quintiles IMS Holdings, Inc. (Q), Charter Communications, Inc. (CHTR), Emerson Electric Co. (EMR)

Quintiles IMS Holdings, Inc. (Q) grew with the stock adding 2.88% or $2.3 to close at $82.3 on active trading volume of 3.62M compared its three months average trading volume of 1.48M. The Durham North Carolina 27703 based company operating under the Medical Laboratories & Research industry has been trending up for the last 52 weeks, with the shares price now 33.19% up for the period and up by 8.22% so far this year. With price target of $83.38 and a 36.64% rebound from 52-week low, Quintiles IMS Holdings, Inc. has plenty of upside potential, making it a hold with a view buy.

Quintiles IMS Holdings, Inc. provides biopharmaceutical development services and commercial outsourcing services in the Americas, Europe, Africa, and the Asia-Pacific. The company’s Product Development segment offers project management and clinical monitoring services, including study design and operational planning, investigator/site recruitment, site and regulatory start up, patient recruitment, clinical monitoring, project management for conducting various multi-site trials, and late phase interventional services; and clinical trial support services comprising clinical data management, bio statistical, cardiac safety and ECG laboratory, safety and pharmacovigilance, and phase I clinical pharmacology services, as well as clinical trial, genomic, and bioanalytical laboratory services. This segment also provides strategic planning and design services for biomarkers, genomics, and personalized medicine, as well as offers model-based drug development and regulatory affairs services; and consulting services. Its Integrated Healthcare Services segment offers commercial services comprising contract sales, market entry/market exit, integrated channel management, patient engagement, and market access and commercialization consulting services; real-world late phase research services, such as observational studies, comparative effectiveness studies, and product and disease registry services; and communication and health engagement services, including digital patient, and brand and scientific communications services, as well as provides payer and provider solutions, and advisory services. Quintiles IMS Holdings, Inc. serves biopharmaceutical companies, including medical device and diagnostics companies. The company was formerly known as Quintiles Transnational Holdings Inc. and changed its name to Quintiles IMS Holdings, Inc. as a result of its merger with IMS Health Holdings, Inc. in October 2016. The company was founded in 1982 and is based in Durham, North Carolina.

Charter Communications, Inc. (CHTR) dropped $-1.02 to close the day at a new closing price of $322, a -0.32% decrease in value from its previous closing price that moved the stock 95.94% above its 52 week low of $167.02. A total of 1.09M shares exchanged hands during the day compared with its three month average trading volume of 1.73M. The stock, which fluctuated between $320.26 and $323.78 during the day, currently situated -5.71% below its 52 week high. The stock is up by 7.9% in the past one month and up by 18.19% over the past three months. With a one year target estimate of $0 and RSI of 59.12, the stock still has upside potential, 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.

Emerson Electric Co. (EMR) shares were down in last trading by -0.02% to $64.14. It experienced higher than average volume on day. The stock increased in value by almost 2.56% over the past week and grew 12.29% in the past month. It is currently trading 10.54% above its 50 day moving average and 19.57% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -0.2% decrease in value from its one year high of $64.36. The RSI indicator value of 77.65, lead us to believe that it may reverse gains in the near term.

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

 

Stocks To Track: Citrix Systems, Inc. (CTXS), McDonald’s Corporation (MCD), Hormel Foods Corporation (HRL)

Citrix Systems, Inc. (CTXS) climbed 0.19% during last trading as the stock added $0.15 to finish the day at $78.93 with about 2.23M shares changing hands, compared to its three month average trading volume of 1.66M. The $12.29B market cap company, which fluctuated between $78.05 and $79.36 during the day, currently situated 23.08% above its 52 week low of $65.87 and -17.7% away from its one year high of $79.38. The RSI of 37.93 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Citrix Systems, Inc. develops and sells products and services that enable delivery of applications and data over public, private, or hybrid clouds or networks to various types of devices. The company’s Enterprise and Service Provider segment provides XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; XenMobile Enterprise to manage mobile devices, apps, and data; Citrix Workspace Suite, a business mobility solution; and NetScaler, an all-in-one application delivery controller. Its Mobility Apps segment provides GoToMeeting for online meetings, sales demonstrations, and collaborative gatherings; GoToWebinar, a do-it-yourself Webinar product; GoToTraining, an online training product; OpenVoice, a reservation-less audio conferencing service; and Grasshopper, a cloud-based telephony solutions for small businesses. This division also provides ShareFile, a cloud-based file sharing and storage solution for businesses; GoToMyPC, an online service that enables mobile workstyles by providing remote access to a PC or Mac from virtually Internet-connected computer, as well as from supported iOS or Android mobile devices; and GoToAssist, which offers cloud-based information technology support solutions. In addition, it offers license updates and maintenance services, including subscription, technical support, and hardware and software maintenance services; and consulting, and product training and certification services. Citrix Systems, Inc. markets and licenses its products through systems integrators, resellers, distributors, original equipment manufacturers, and service providers, as well as directly to customers worldwide. The company, formerly known as Citrus Systems, Inc., was founded in 1989 and is headquartered in Fort Lauderdale, Florida.

McDonald’s Corporation (MCD) gained $0.27 to close the day at a new closing price of $125.81, a 0.22% increase in value from its previous closing price that moved the stock 14.92% above its 52 week low of $110.33. A total of 2.66M shares exchanged hands during the day compared with its three month average trading volume of 3.77M. The stock, which fluctuated between $125.27 and $126.07 during the day, currently situated -2.46% below its 52 week high. The stock is up by 3.55% in the past one month and up by 11% over the past three months. With a one year target estimate of $131.17 and RSI of 68.34, the stock still has upside potential, making it a hold for now.

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

Hormel Foods Corporation (HRL) had a light trading with around 1.83M shares changing hands compared to its three month average trading volume of 2.58M. The stock traded between $37.07 and $37.6 before closing at the price of $37.59 with 0.91% change on the day. The Austin Minnesota 55912 based company is currently trading 13.84% above its 52 week low of $33.18 and -16.43% below its 52 week high of $44.82. Both the RSI indicator and target price of 70.43 and $39.73 respectively, lead us to believe that it could drop over the coming weeks.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

 

3 Notable Runners: Marsh & McLennan Companies, Inc. (MMC), The Progressive Corporation (PGR), Dominion Resources, Inc. (D)

Marsh & McLennan Companies, Inc. (MMC) continued its upward trend with the stock climbing 0.64% or $0.46 to close the day at $71.94 on lower than average trading volume of 1.49M shares, compared to its three month average trading volume of 2.05M. The New York New York 10036 based company has been outperforming the insurance brokers companies by 6.6093% for last three months and its recent gains have pushed the stock slightly up 6.97% YTD, versus the insurance brokers industry which is up 4.36% for the same period. The RSI of 71.97 indicates the stock is overbought at the current levels, sell for now.

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. It operates through two segments, Risk and Insurance Services; and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, risk control, and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, retirement, talent, and investments consulting services and products; and specialized management, and economic and brand consulting services. This segment assists public and private sector employers in the design, management, and administration of employee health care programs; provides a range of strategic and compliance-related retirement services and solutions to corporate, governmental, and institutional clients; advises organizations on the engagement, management, and rewarding of employees; and offers investment consulting and other services to the sponsors of pension funds, foundations, endowments, other investors, and wealth management companies. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.

The Progressive Corporation (PGR) had a light trading with around 2.32M shares changing hands compared to its three month average trading volume of 2.95M. The stock traded between $37.29 and $37.61 before closing at the price of $37.45 with -0.4% change on the day. The Mayfield Village Ohio 44143 based company is currently trading 24.9% above its 52 week low of $30.54 and -0.79% below its 52 week high of $38.17. Both the RSI indicator and target price of 68.25 and $36.77 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Dominion Resources, Inc. (D) traded within a range of $72.83 to $73.68 after opening the day at $73.59. The company has seen its stock decrease in value by -4.53% so far this year. The stock was down close to -0.83% on active volume in last trading session and closed at $73.12 per share. After the recent fall, the stock is currently holding -5.67% below its 52 week high of $78.97 and 11.31% above its 12-month low of $67.58. The shares are up by over 4.29% in the last three months, and the RSI indicator value of 45.14 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Generation segment is involved in electricity generation through coal, nuclear, gas, oil, hydro, and renewable sources; and related energy supply operations. It also comprises generation operations of the company’s merchant fleet and energy marketing, and price risk management activities for its assets. The Dominion Energy segment engages in regulated natural gas distribution operations, gas transmission pipeline and storage operations, natural gas gathering and processing activities, and liquefied natural gas operations. As of December 31, 2015, the company’s portfolio of assets included approximately 24,300 megawatts of generating capacity; 6,500 miles of electric transmission lines; 57,300 miles of electric distribution lines; 12,200 miles of natural gas transmission, gathering, and storage pipelines; and 22,000 miles of gas distribution pipelines. It served approximately 5 million utility and retail energy customers in 14 states; and operated underground natural gas storage systems with approximately 933 billion cubic feet of storage capacity. In addition, the company sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. Dominion Resources, Inc. was founded in 1909 and is headquartered in Richmond, Virginia.