Chris Butler

3 Trending Stocks: Frontier Communications Corporation (FTR), ON Semiconductor Corporation (ON), Sino-Global Shipping America, Ltd. (SINO)

Frontier Communications Corporation (FTR) failed to extend gains with the stock declining -1.06% or $-0.03 to close the day at $3.28 on active trading volume of 21.92M shares, compared to its three month average trading volume of 20.03M. The Norwalk Connecticut 06851 based company has been underperforming the telecom services – domestic group over the past 52 weeks, with the stock losing -15.23%, compared to the industry which has advanced 8.7% over the same period. With RSI of 37.75, the stock should still continue to rise and get closer to its one year target estimate of $4.65, making it a hold for now.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

ON Semiconductor Corporation (ON) climbed 5.66% during last trading as the stock added $0.8 to finish the day at $14.94 with about 21.42M shares changing hands, compared to its three month average trading volume of 6.75M. The $6.21B market cap company, which fluctuated between $14.58 and $15.86 during the day, currently situated 114.35% above its 52 week low of $6.99 and 4.55% away from its one year high of $15.86. The RSI of 75.83 indicates the stock is overbought at the current levels, sell for now.

ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. Its Application Products Group segment provides analog, mixed-signal, and advanced logic application specific integrated circuit and application specific standard product solutions; and solutions for voltage and current options, as well as foundry and manufacturing services, including integrated passive devices technology, integrated circuit (IC) design, packaging, and silicon technology offerings. The company’s Image Sensor Group segment offers complementary metal oxide semiconductor and charge-coupled device image sensors, proximity sensors, and image signal processors. Its Standard Products Group segment provides discrete and integrated semiconductor products that perform application functions, such as power switching, signal conditioning, circuit protection, signal amplification, and voltage reference; and develops lower capacitance protection and integrated signal conditioning products to support data transmission rates, micro packages, and switching and rectification technologies. The company’s System Solutions Group segment supplies analog and mixed signal ICs, digital signal processors, analog and digital tuners, intelligent power modules, and memory and discrete semiconductors. ON Semiconductor Corporation’s devices are used in various end-products, such as automotive electronics, smartphones, media tablets, wearable electronics, computers, servers, industrial building and home automation systems, consumer white goods, imaging systems, LED lighting, power supplies, networking and telecom equipment, medical diagnostics, imaging and hearing health, and sensor networks, as well as the Internet-of-Things. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corp. was founded in 1999 and is headquartered in Phoenix, Arizona.

Sino-Global Shipping America, Ltd. (SINO) saw its value increase by 72.79% as the stock gained $1.98 to finish the day at a closing price of $4.7. The stock was higher in trading and has fluctuated between $0.4-$14.2 per share for the past year. The shares, which traded within a range of $3.19 to $5.1 during the day, are up by 305.21% in the past three months and up by 139.8% over the past six months. It is currently trading 63.51% above its 20 day moving average and 47.54% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $0 a share over the next twelve months. The current relative strength index (RSI) reading is 76. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Sino-Global Shipping America, Ltd. provides shipping agency and inland transportation management services in the United States, the People’s Republic of China, Australia, and Canada. Its shipping agency services include loading/discharging and protective services. The company was founded in 2001 and is headquartered in Roslyn, New York.

 

Trader Alert: WPX Energy, Inc. (WPX), LendingClub Corporation (LC), Amyris, Inc. (AMRS)

WPX Energy, Inc. (WPX) grew with the stock adding 1.39% or $0.19 to close at $13.89 on light trading volume of 6.86M compared its three months average trading volume of 8.14M. The Tulsa Oklahoma 74172 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 217.12% up for the period and down by -4.67% so far this year. With price target of $18.44 and a 295.73% rebound from 52-week low, WPX Energy, Inc. has plenty of upside potential, making it a hold with a view buy.

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. Its principal areas of operation include the Permian Basin in Texas and New Mexico, the Williston Basin in North Dakota, and the San Juan Basin in New Mexico and Colorado. As of December 31, 2014, the company had proved reserves of 583 million barrels of oil equivalent. WPX Energy, Inc. was incorporated in 2011 and is headquartered in Tulsa, Oklahoma.

LendingClub Corporation (LC) dropped $0 to close the day at a new closing price of $6.68, a 0% decrease in value from its previous closing price that moved the stock 94.19% above its 52 week low of $3.44. A total of 6.67M shares exchanged hands during the day compared with its three month average trading volume of 7.39M. The stock, which fluctuated between $6.57 and $6.78 during the day, currently situated -31.84% below its 52 week high. The stock is up by 19.29% in the past one month and up by 13.41% over the past three months. With a one year target estimate of $6.38 and RSI of 71.03, the stock still has upside potential, making it a sell for now.

LendingClub Corporation, together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans. The company also offers investors an opportunity to invest in a range of loans based on term and credit characteristics. It serves investors, such as retail investors, high-net-worth individuals and family offices, banks and finance companies, insurance companies, hedge funds, foundations, pension plans, and university endowments. LendingClub Corporation was founded in 2006 and is headquartered in San Francisco, California.

Amyris, Inc. (AMRS) shares were up in last trading by 8.62% to $0.58. It experienced higher than average volume on day. The stock increased in value by almost 12.88% over the past week and fell -22.2% in the past month. It is currently trading -16.88% below its 50 day moving average and -6.75% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -64.68% decrease in value from its one year high of $1.63. The RSI indicator value of 45.38, lead us to believe that it is a hold for now.

Amyris, Inc. provides various alternatives to a range of petroleum-sourced products worldwide. The company uses its industrial bioscience technology to design microbes primarily yeast, as well as to convert plant-sourced sugars into renewable hydrocarbons. It produces and sells Biofene that converts to squalane, which is used as an emollient in cosmetics and other personal care products; and natural oils and aroma chemicals for the flavors and fragrances market. The company also provides renewable solvents, polymers, and renewable lubricants for industrial applications; and renewable fuels for transportation fuels market. It has a collaboration partnership with Total S.A. to produce and commercialize Biofene-based diesel and jet fuels. The company was formerly known as Amyris Biotechnologies, Inc. and changed its name to Amyris, Inc. in June 2010. Amyris, Inc. was founded in 2003 and is headquartered in Emeryville, California.

 

Stocks Under Consideration: The Wendy’s Company (WEN), Under Armour, Inc. (UAA), Staples, Inc. (SPLS)

The Wendy’s Company (WEN) retreated with the stock falling -0.14% or $-0.02 to close at $14.31 on active trading volume of 4.56M compared its three months average trading volume of 3.27M. The Dublin Ohio 43017 based company operating under the Restaurants industry has been trending up for the last 52 weeks, with the shares price now 54.99% up for the period and up by 5.84% so far this year. With price target of $13.29 and a 64.76% rebound from 52-week low, The Wendy’s Company has plenty of upside potential, making it a hold with a view buy.

The Wendy’s Company, through its subsidiaries, operates as a quick-service restaurant company in the hamburger sandwich segment worldwide. It is involved in operating, developing, and franchising a system of quick-service restaurants. The company’s restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, Frosty desserts, and kids’ meals. As of November 9, 2016, its restaurant system included approximately 6,500 franchise and company-operated restaurants. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.

Under Armour, Inc. (UAA) had a light trading with around 4.55M shares changing hands compared to its three month average trading volume of 5.67M. The stock traded between $21.26 and $21.93 before closing at the price of $21.32 with -1.3% change on the day. The Baltimore Maryland 21230 based company is currently trading 4.31% above its 52 week low of $20.44 and -55.54% below its 52 week high of $47.94. Both the RSI indicator and target price of  and $23.5 respectively, lead us to believe that it could rise over the coming weeks.

Under Armour, Inc. together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes. It provides various footwear products, including football, baseball, lacrosse, softball and soccer cleats, slides, performance training, running, basketball, and outdoor footwear. The company also offers accessories, which include headwear, bags, and gloves; and digital fitness platform licenses and subscriptions, as well as digital advertising, as well as licenses its brands. It primarily provides its products under the UA Logo, UNDER ARMOUR, UA, ARMOUR, HEATGEAR, COLDGEAR, ALLSEASONGEAR, PROTECT THIS HOUSE, and I WILL, as well as ARMOURBITE, ARMOURSTORM, ARMOUR FLEECE, and ARMOUR BRA trademarks. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through a network of brand and factory house stores, and Website. Under Armour, Inc. was founded in 1996 and is headquartered in Baltimore, Maryland.

Staples, Inc. (SPLS) saw its value increase by 0.55% as the stock gained $0.05 to finish the day at a closing price of $9.2. The stock was lighter in trading and has fluctuated between $7.24-$11.37 per share for the past year. The shares, which traded within a range of $9.16 to $9.31 during the day, are up by 8.53% in the past three months and up by 2.79% over the past six months. It is currently trading 0.73% above its 20 day moving average and -1.46% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $9.92 a share over the next twelve months. The current relative strength index (RSI) reading is 50.08.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services, as well as technology services. The company sells and delivers office products and services directly to businesses and consumers through its Staples.com and Staples.ca, and Quill.com Websites, as well as through retail stores, and Internet and direct mail catalogs. As of January 30, 2016, it operated approximately 1,907 retail stores; and 104 distribution and fulfillment centers in the United States and internationally. The company was founded in 1985 and is based in Framingham, Massachusetts.

 

3 Stocks in Focus: MYOS RENS Technology Inc. (MYOS), Diamond Offshore Drilling, Inc. (DO), Rice Energy Inc. (RICE)

MYOS RENS Technology Inc. (MYOS) climbed 7.79% during last trading as the stock added $0.3 to finish the day at $4.15 with about 3.44M shares changing hands, compared to its three month average trading volume of 1.22M. The $22.41M market cap company, which fluctuated between $3.76 and $4.6 during the day, currently situated 306.86% above its 52 week low of $1.02 and -40.54% away from its one year high of $6.98. The RSI of 59.56 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

MYOS RENS Technology Inc., a bionutrition and biotherapeutics company, focuses on the discovery, development, and commercialization of nutritional and therapeutic products for maintaining and improving the health and performance of muscle tissue. The company primarily focuses on developing the products that improve muscle health and function essential to the management of sarcopenia, cachexia, and degenerative muscle diseases, and as an adjunct to the treatment of obesity. Its products include Fortetropin, a dietary supplement that has been shown in clinical studies to temporarily decrease the levels of serum myostatin; and MYO-T12, a proprietary formula containing Fortetropin and other ingredients for the sports nutrition market. The company was formerly known as MYOS Corporation and changed its name to MYOS RENS Technology Inc. in March 2016. MYOS RENS Technology Inc. was founded in 2007 and is based in Cedar Knolls, New Jersey.

Diamond Offshore Drilling, Inc. (DO) gained $0.35 to close the day at a new closing price of $17.73, a 2.01% increase in value from its previous closing price that moved the stock 20.86% above its 52 week low of $14.67. A total of 3.43M shares exchanged hands during the day compared with its three month average trading volume of 2.76M. The stock, which fluctuated between $17.26 and $17.81 during the day, currently situated -33.65% below its 52 week high. The stock is down by -9.03% in the past one month and up by 7.19% over the past three months. With a one year target estimate of $16.74 and RSI of 50.47, the stock still has upside potential, making it a hold for now.

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. It provides services in floater market, including ultra-deepwater, deepwater, and mid-water. The company operates a fleet of 32 offshore drilling rigs, which comprise 8 ultra-deepwater, 7 deepwater, and 8 mid-water semisubmersibles; 5 jack-ups; and 4 drillships. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. operates as a subsidiary of Loews Corporation.

Rice Energy Inc. (RICE) had a light trading with around 3.43M shares changing hands compared to its three month average trading volume of 3.84M. The stock traded between $20.72 and $21.55 before closing at the price of $20.79 with -3.12% change on the day. The Canonsburg Pennsylvania 15317 based company is currently trading 157.94% above its 52 week low of $8.06 and -29.19% below its 52 week high of $29.36. Both the RSI indicator and target price of 47.07 and $30.8 respectively, lead us to believe that it should be put on hold over the coming weeks.

Rice Energy Inc., an independent natural gas and oil company, engages in the acquisition, exploration, and development of natural gas, oil, and natural gas liquid (NGL) properties in the Appalachian Basin. The company operates through two segments, Exploration and Production, and Midstream. As of December 31, 2015, it held approximately 92,000 net acres in the southwestern core of the Marcellus Shale, Pennsylvania; and approximately 56,000 net acres in the southeastern core of the Utica Shale located in Belmont County, Ohio. The company also has operations in the Upper Devonian Shale located on Pennsylvania acreage. It had 120 net producing wells in the Marcellus Shale; 4 net producing wells in the Upper Devonian Shale; and 19 net producing wells in the Utica Shale. The company is also involved in the gathering and compression of natural gas, oil, and NGL; and the provision of water services to support well completion activities. Rice Energy Inc. was founded in 2008 and is based in Canonsburg, Pennsylvania.

 

Stocks Buzz: Forum Energy Technologies, Inc. (FET), Gulfport Energy Corp. (GPOR), Allscripts Healthcare Solutions, Inc. (MDRX)

Forum Energy Technologies, Inc. (FET) continued its downward trend with the stock declining -3.42% or $-0.75 to close the day at $21.2 on active trading volume of 2.85M shares, compared to its three month average trading volume of 1.02M. The Houston Texas 77024 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 148.24%, compared to the industry which has advanced 37.43% over the same period. With RSI of 39.28, the stock should still continue to rise and get closer to its one year target estimate of $23.44, making it a hold for now.

Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry in the United States and internationally. The company operates in two segments, Drilling & Subsea, and Production & Infrastructure. The Drilling & Subsea segment designs and manufactures products, and provides related services to the drilling, well and subsea construction, and completion and intervention markets. This segment also offers subsea technologies, including robotic vehicles and other capital equipment, specialty components and tooling, complementary subsea technical services and rental items, and applied products for subsea pipelines; drilling technologies consisting of capital equipment and a line of products consumed in the drilling and well intervention process; and down hole technologies comprising cementing and casing tools, completion products, and down hole protection solutions. The Production & Infrastructure segment designs and manufactures products, and provides related equipment and services to the well stimulation, production, and infrastructure markets. This segment supplies flow equipment, such as well stimulation consumable products, and related recertification and refurbishment services; production equipment, including well site production equipment and process equipment; and valve solutions comprising a range of industrial and process valves. In addition, the company designs, manufactures, and sells various completion and service tools, including retrievable and permanent packers, bridge plugs, and accessories to oilfield service providers, packer repair companies, and distributors. Forum Energy Technologies, Inc. is headquartered in Houston, Texas.

Gulfport Energy Corp. (GPOR) retreated with the stock falling -0.14% or $-0.03 to close at $20.68 on light trading volume of 2.82M compared its three months average trading volume of 3.63M. The Oklahoma City Oklahoma 73134 based company operating under the Independent Oil & Gas industry has been trending down for the last 52 weeks, with the shares price now -27.74% down for the period and down by -4.44% so far this year. With price target of $31.61 and a 5.83% rebound from 52-week low, Gulfport Energy Corp. has plenty of upside potential, making it a hold with a view buy.

Gulfport Energy Corp. engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids (NGLs), and crude oil in the United States. The company’s principal properties are located in the Utica Shale primarily in Eastern Ohio, along the Louisiana Gulf Coast in the West Cote Blanche Bay, and Hackberry fields. It also has interests in the Niobrara Formation of Northwestern Colorado; Bakken Formation; Alberta oil sands in Canada; and Phu Horm gas field in Thailand. As of December 31, 2015, the company had 1.7 Tcfe of proved reserves; and proved undeveloped reserves of 338 thousand barrels of oil, 907,184 million cubic feet of natural gas, and 4,826 thousand barrels of NGLs. Gulfport Energy Corp. is headquartered in Oklahoma City, Oklahoma.

Allscripts Healthcare Solutions, Inc. (MDRX) managed to rebound with the stock climbing 1.6% or $0.19 to close the day at $12.08 on higher than average trading volume of 2.75M shares, compared to its three month average trading volume of 2.17M. The Chicago Illinois 60654 based company has been outperforming the application software companies by 20.704% for last three months and its recent gains have pushed the stock slightly up 18.32% YTD, versus the application software industry which is up 9.96% for the same period. The RSI of 65.72 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Allscripts Healthcare Solutions, Inc. provides information technology and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records, connectivity, hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions. The company’s Clinical and Financial Solutions segment provides integrated clinical software applications and financial and information solutions, which primarily include EHR-related, and financial and practice management software solutions, as well as related installation, support and maintenance, outsourcing, hosting, revenue cycle management, training, and electronic claims administration services. Its Population Health segment offers health management and coordinated care solutions that enable hospitals, health systems, accountable care organizations, and other care facilities to connect, transition, analyze, and coordinate care across the entire care community. The company serves physicians, hospitals, governments, health systems, health plans, life-sciences companies, retail clinics, retail pharmacies, pharmacy benefit managers, insurance companies, and employer wellness clinics, as well as post-acute organizations, such as home health and hospice agencies. It has a strategic partnership with Nant Health, LLC. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois.

 

Stocks Trend Analysis: BGC Partners, Inc. (BGCP), News Corporation (NWSA), NiSource Inc. (NI)

BGC Partners, Inc. (BGCP) managed to rebound with the stock climbing 2.3% or $0.26 to close the day at $11.56 on active trading volume of 2.65M shares, compared to its three month average trading volume of 1.32M. The New York New York 10022 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 43.89%, compared to the industry which has advanced 69.07% over the same period. With RSI of 66.91, the stock should still continue to rise and get closer to its one year target estimate of $13.25, making it a hold for now.

BGC Partners, Inc. operates as a brokerage company servicing the financial and real estate markets worldwide. It operates in two segments, Financial Services and Real Estate Services. The Financial Services segment provides brokerage services for fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. This segment also offers trade execution, broker-dealer, clearing, processing, information, and other back-office services to a range of financial and non-financial institutions; and electronic marketplaces comprising government bond markets, interest rate derivatives, spot foreign exchange, foreign exchange derivatives, corporate bonds, and credit derivatives. In addition, it provides screen-based market solutions, which enable its clients to develop a marketplace, trade with their customers, issue debt, trade odd lots, access program trading interfaces, and access its network and intellectual property; software and technology infrastructure for the transactional and technology related elements; and certain technology services. Further, this segment offers financial technology solutions, market data, post-trade, and analytics related to select financial instruments and markets through FENICS, BGC Trader, Capitalab, and BGC Market Data brands. The Real Estate Services segment offers leasing and corporate advisory, investment sales and financial services, consulting, project management, and property and facilities management services. The company primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms, as well as institutional clients. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.

News Corporation (NWSA) retreated with the stock falling -1.58% or $-0.21 to close at $13.08 on active trading volume of 2.64M compared its three months average trading volume of 2.38M. The New York New York 10036 based company operating under the Broadcasting – TV industry has been trending up for the last 52 weeks, with the shares price now 23.72% up for the period and up by 14.14% so far this year. With price target of $14.48 and a 30.26% rebound from 52-week low, News Corporation has plenty of upside potential, making it a hold with a view buy.

News Corporation, a media and information services company, focuses on creating and distributing content to consumers and businesses worldwide. The company distributes content and data products, such as The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron’s, MarketWatch, Dow Jones Private Markets, and DJX through various media channels, including newspapers, newswires, Websites, newsletters, magazines, proprietary databases, conferences, and video, as well as applications for mobile devices, tablets, and electronic readers. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers, including The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other Websites. In addition, the company provides home-delivered shopper media, such as free-standing inserts and direct mail products; in-store marketing products and services primarily to consumer packaged goods manufacturers; in-store merchandising services; and digital marketing solutions. Further, it publishes general fiction, nonfiction, children’s, and religious books; and offers sports programming services with seven television channels distributed through cable, satellite and IP, various interactive viewing applications, and broadcast rights to live sporting events. Additionally, the company provides digital advertising services for property and property-related services on Websites and mobile applications; online real estate services; and professional software and services products, including Top Producer, TigerLead, and ListHub, as well as operates residential and commercial property Websites. News Corporation is headquartered in New York, New York.

NiSource Inc. (NI) continued its upward trend with the stock climbing 0.49% or $0.11 to close the day at $22.52 on lower than average trading volume of 2.63M shares, compared to its three month average trading volume of 2.78M. The Merrillville Indiana 46410 based company has been outperforming the diversified utilities companies by 5.3195% for last three months and its recent gains have pushed the stock slightly up 2.53% YTD, versus the diversified utilities industry which is up 2.58% for the same period. The RSI of 59.86 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. The company operates through two segments, Gas Distribution Operations and Electric Operations. It provides natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services. The company serves approximately 3.4 million natural gas customers and 463,000 electric customers in in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, and Massachusetts. It also owns and operates 3 coal-fired electric generating stations with a net capability of 2,540 megawatts (MW), 3 gas-fired generating units with a net capability of 196 MW, and 2 hydroelectric generating plants with a net capability of 10 MW, as well as a combined cycle gas turbine plant with a capacity of 535 MW. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana.

 

Eye Catching Stocks: Zions Bancorporation (ZION), Atwood Oceanics, Inc. (ATW), First Horizon National Corporation (FHN)

Zions Bancorporation (ZION) continued its upward trend with the stock climbing 1.17% or $0.51 to close the day at $44.08 on light trading volume of 2.2M shares, compared to its three month average trading volume of 2.75M. The Salt Lake City Utah 84133 based company has been outperforming the regional – pacific banks group over the past 52 weeks, with the stock gaining 112.14%, compared to the industry which has advanced 64.27% over the same period. With RSI of 58.63, the stock should still continue to rise and get closer to its one year target estimate of $45.96, making it a hold for now.

Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services. Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.

Atwood Oceanics, Inc. (ATW) fell -1.37% during last trading as the stock lost $-0.15 to finish the day at $10.78 with about 2.2M shares changing hands, compared to its three month average trading volume of 4.72M. The $841.27M market cap company, which fluctuated between $10.7 and $11 during the day, currently situated 112.62% above its 52 week low of $5.52 and -29.86% away from its one year high of $15.37. The RSI of 31.66 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. As of November 11, 2016, it owned a fleet of 10 mobile offshore drilling units. The company operates its fleet in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia, and offshore Australia. Atwood Oceanics, Inc. was founded in 1968 and is headquartered in Houston, Texas.

First Horizon National Corporation (FHN) saw its value increase by 0.81% as the stock gained $0.16 to finish the day at a closing price of $19.89. The stock was lighter in trading and has fluctuated between $11.66-$20.84 per share for the past year. The shares, which traded within a range of $19.83 to $20.15 during the day, are up by 14.38% in the past three months and up by 34.21% over the past six months. It is currently trading 0.36% above its 20 day moving average and -0.46% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $21.37 a share over the next twelve months. The current relative strength index (RSI) reading is 50.34. The technical indicator lead us to believe there will be no major movement any time soon, hold.

First Horizon National Corporation operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally. The company offers general banking services for consumers, businesses, financial institutions, and governments. It also provides investment, financial planning, trust, asset management, and cash management services. In addition, the company is involved in fixed income securities sales, trading, and strategies for institutional clients; underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of portfolio advisory services. Further, it offers discount brokerage and full-service brokerage services; correspondent banking services; transaction processing services comprising nationwide check clearing and remittance processing services; trust, fiduciary, and agency services; credit card products; equipment finance; and investment and financial advisory services. Additionally, the company engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of December 31, 2015, it had 185 branch locations in 8 states, including 166 branches in Tennessee; 2 branches in northwestern Georgia; 6 branches in northwestern Mississippi; 7 branches in North Carolina; and 1 branch each in Virginia, South Carolina, Florida, and Texas. The company was founded in 1968 and is headquartered in Memphis, Tennessee.

 

Momentum Stocks in Focus: Omega Healthcare Investors, Inc. (OHI), Cirrus Logic, Inc. (CRUS), American Axle & Manufacturing Holdings, Inc. (AXL)

Omega Healthcare Investors, Inc. (OHI) continued its upward trend with the stock climbing 1.63% or $0.51 to close the day at $31.81 on light trading volume of 2.11M shares, compared to its three month average trading volume of 2.1M. The Hunt Valley Maryland 21030 based company has been outperforming the reit – healthcare facilities group over the past 52 weeks, with the stock gaining 21.42%, compared to the industry which has advanced 32.45% over the same period. With RSI of 51.02, the stock should still continue to rise and get closer to its one year target estimate of $34.07, making it a hold for now.

Omega Healthcare Investors, Inc. is a real estate investment firm. The firm invests in the real estate markets of United States. It invests in healthcare facilities, primarily in long-term healthcare facilities in order to create its portfolio. Omega Healthcare Investors, Inc. was founded in 1992 and is based in Maryland, United States.

Cirrus Logic, Inc. (CRUS) retreated with the stock falling -1.25% or $-0.68 to close at $53.51 on active trading volume of 2.1M compared its three months average trading volume of 1.36M. The Austin Texas 78701 based company operating under the Semiconductor – Specialized industry has been trending up for the last 52 weeks, with the shares price now 66.96% up for the period and down by -5.36% so far this year. With price target of $65.67 and a 75.33% rebound from 52-week low, Cirrus Logic, Inc. has plenty of upside potential, making it a hold with a view buy.

Cirrus Logic, Inc., a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs) for a range of consumer and industrial markets. It offers portable audio products, including analog and mixed-signal audio converters, and digital signal processing products for mobile applications; codecs-chips that integrate analog-to-digital converters and digital-to-analog converters into a single IC; smart codecs, a codec with digital signal processer; amplifiers; and micro-electromechanical systems microphones, as well as standalone digital signal processors. The company offers its products for mobile devices, including smartphones, tablets, digital headsets, wearables, smart accessories, and portable media players. Its products are also used in laptops, audio/video receivers, home theater systems, set-up boxes, portable speakers, digital camcorders, musical instruments, and professional audio products applications; and serve the automotive market, which include satellite radio systems, telematics, and multi-speaker car-audio systems. In addition, the company’s products are used in industrial and energy-related applications, including digital utility meters, power supplies, energy control, energy measurement, and energy exploration applications. It markets and sells its products through direct sales force, external sales representatives, and distributors in the United States and internationally. Cirrus Logic, Inc. was founded in 1984 and is headquartered in Austin, Texas.

American Axle & Manufacturing Holdings, Inc. (AXL) continued its downward trend with the stock declining -0.73% or $-0.15 to close the day at $20.34 on higher than average trading volume of 2.1M shares, compared to its three month average trading volume of 1.58M. The Detroit Michigan 48211 based company has been outperforming the auto parts companies by 51.1467% for last three months and its recent gains have pushed the stock slightly up 5.39% YTD, versus the auto parts industry which is up 4.37% for the same period. The RSI of 53.24 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, validates, and manufactures driveline and drivetrain systems, and related components and chassis modules for the automotive industry in the United States, Canada, Mexico, South America, Asia, Europe, and internationally. It offers axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems, and metal-formed products that transfer power from the transmission to the drive wheels. The company offers its products for light trucks, sport utility vehicles, passenger cars, and crossover and commercial vehicles. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.

 

Stocks in Focus: TEGNA Inc. (TGNA), Tahoe Resources Inc. (TAHO), Rent-A-Center, Inc. (RCII)

TEGNA Inc. (TGNA) had a active trading with around 1.95M shares changing hands compared to its three month average trading volume of 1.89M. The stock traded between $23.78 and $24.05 before closing at the price of $23.82 with 0.68% change on the day. The McLean Virginia 22107 based company is currently trading 33.82% above its 52 week low of $17.91 and -4.6% below its 52 week high of $25.38. Both the RSI indicator and target price of 74.77 and $24.57 respectively, lead us to believe that it could drop over the coming weeks.

TEGNA Inc. engages in media and digital businesses in the United States. The company operates in two segments, Media and Digital. It operates 46 television stations that produce local programming, such as news, sports, and entertainment. The company also operates Cars.com, an online destination for automotive consumers that offers information about car shopping, selling, and servicing; CareerBuilder, which provides human capital solutions, such as employment data and labor market analysis software, talent management software, and other advertising and recruitment solutions; G/O Digital that provides digital marketing services for local businesses; and Cofactor, a digital marketing company that enable brands to deliver content. In addition, it offers advertising and marketing solutions. The company serves approximately 90 million customers through its broadcast and digital media platforms. The company was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in McLean, Virginia.

Tahoe Resources Inc. (TAHO) failed to extend gains with the stock declining -1.41% or $-0.13 to close the day at $9.08 on light trading volume of 1.94M shares, compared to its three month average trading volume of 2.54M. The Reno Nevada 89511 based company has been outperforming the industrial metals & minerals group over the past 52 weeks, with the stock gaining 6.07%, compared to the industry which has advanced 107.31% over the same period. With RSI of 45.92, the stock should still continue to rise and get closer to its one year target estimate of $13.52, making it a hold for now.

Tahoe Resources Inc., together with its subsidiaries, explores, develops, and operates mines in the Americas. The company primarily produces copper, gold, silver, lead/zinc, and natural gas and petroleum. It holds interest in the Escobal mine property comprising 29.1 million tons of proven and probable mineral reserves located in southeast Guatemala; La Arena mine property, which consist of 80.3 million tons of proven and probable mineral reserves located in northern Perú; and Shahuindo mine comprising 111.9 million tons of proven and probable mineral reserves located in northern Perú. The company was formerly known as CKM Resources Inc. and changed its name to Tahoe Resources Inc. in January 2010. Tahoe Resources Inc. was incorporated in 2009 and is headquartered in Reno, Nevada.

Rent-A-Center, Inc. (RCII) shares were down in last trading by -0.24% to $8.45. It experienced higher than average volume on day. The stock decreased in value by almost -3.1% over the past week and fell -20.06% in the past month. It is currently trading -18.63% below its 50 day moving average and -27.04% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -47.05% decrease in value from its one year high of $16.37. The RSI indicator value of 33.91, lead us to believe that it is a hold for now.

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

 

Momentum Stocks: RH (RH), SLM Corporation (SLM), HD Supply Holdings, Inc. (HDS)

RH (RH) grew with the stock adding 2.25% or $0.57 to close at $25.89 on light trading volume of 1.61M compared its three months average trading volume of 2.19M. The Corte Madera California 94925 based company operating under the Home Furnishing Stores industry has been trending down for the last 52 weeks, with the shares price now -45.17% down for the period and down by -15.67% so far this year. With price target of $37.64 and a 6.06% rebound from 52-week low, RH has plenty of upside potential, making it a hold with a view buy.

RH, together with its subsidiaries, engages in the retail of home furnishings. It offers products in various categories, such as furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company sells products through its stores and catalogs, as well as through its Websites, such as restorationhardware.com, rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com. As of October 29, 2016, it operated 85 retail galleries that include 51 legacy galleries, 6 larger format design galleries, 7 next generation design galleries, 1 RH modern gallery, and 5 RH baby & child galleries throughout the United States and Canada; 15 Waterworks showrooms in the United States and the United Kingdom; and 28 outlet stores. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was founded in 1979 and is headquartered in Corte Madera, California.

SLM Corporation (SLM) had a light trading with around 1.61M shares changing hands compared to its three month average trading volume of 3.95M. The stock traded between $12.43 and $12.6 before closing at the price of $12.44 with 0.08% change on the day. The Newark Delaware 19713 based company is currently trading 129.94% above its 52 week low of $5.41 and -1.11% below its 52 week high of $12.6. Both the RSI indicator and target price of  and $12.95 respectively, lead us to believe that it could rise over the coming weeks.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for education company in the United States. It offers private education loans to students and their families. The company also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

HD Supply Holdings, Inc. (HDS) saw its value decrease by -1.65% as the stock dropped $-0.73 to finish the day at a closing price of $43.51. The stock was lighter in trading and has fluctuated between $22.01-$44.73 per share for the past year. The shares, which traded within a range of $43.46 to $44.73 during the day, are up by 17.82% in the past three months and up by 20.69% over the past six months. It is currently trading 2.44% above its 20 day moving average and 3.29% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $47.13 a share over the next twelve months. The current relative strength index (RSI) reading is 57.44.The technical indicator lead us to believe there will be no major movement any time soon, hold.

HD Supply Holdings, Inc. operates as an industrial distributor in North America. The company’s Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, as well as heating, ventilating, and air conditioning products. Its Waterworks segment provides pipes, fittings, valves, hydrants, and meters for use in the construction, maintenance, and repair of water and waste-water systems, as well as fire-protection systems; and smart meters, fusible piping solutions, and engineered treatment plant products and services. The company’s Construction & Industrial—White Cap segment offers tilt-up brace systems, forming and shoring systems, concrete chemicals, hand and power tools, cutting tools, rebar, ladders, safety and fall arrest equipment, screws and fasteners, sealants and adhesives, drainage pipes, geo-synthetics, erosion and sediment control equipment, and other engineered materials used in non-residential and residential construction. Its Corporate & Other segment provides home improvement solutions, such as light remodeling and construction supplies, kitchen and bath cabinets, windows, plumbing materials, electrical equipment, and other products; and interior solutions comprising floorings, cabinets, countertops, and window coverings, as well as design center services. It serves contractors, maintenance professionals, home builders, industrial businesses, and government entities. The company was formerly known as HDS Investment Holding, Inc. and changed its name to HD Supply Holdings, Inc. in April 2013. HD Supply Holdings, Inc. is headquartered in Atlanta, Georgia.