Josh Smith

Stocks in Focus: National Oilwell Varco, Inc. (NOV), TEGNA Inc. (TGNA), The Southern Company (SO)

National Oilwell Varco, Inc. (NOV) had a light trading with around 3.46M shares changing hands compared to its three month average trading volume of 3.71M. The stock traded between $36.82 and $37.51 before closing at the price of $37.42 with -0.66% change on the day. The Houston Texas 77036 based company is currently trading 48.17% above its 52 week low of $25.74 and -14.23% below its 52 week high of $43.63. Both the RSI indicator and target price of 46.07 and $34.45 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

TEGNA Inc. (TGNA) continued its downward trend with the stock declining -0.37% or $-0.08 to close the day at $21.27 on active trading volume of 3.45M shares, compared to its three month average trading volume of 2.11M. The McLean Virginia 22107 based company has been underperforming the broadcasting – tv group over the past 52 weeks, with the stock losing -6%, compared to the industry which has advanced 10.83% over the same period. With RSI of 37.56, the stock should still continue to rise and get closer to its one year target estimate of $25.5, making it a hold for now.

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.

The Southern Company (SO) shares were down in last trading by -0.14% to $49.62. It experienced lighter than average volume on day. The stock increased in value by almost 2.56% over the past week and grew 2.39% in the past month. It is currently trading 2.54% above its 50 day moving average and -0.39% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.14% decrease in value from its one year high of $54.64. The RSI indicator value of 60.14, lead us to believe that it is a 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 Stocks to Watch For: The Interpublic Group of Companies, Inc. (IPG), Immune Pharmaceuticals, Inc. (IMNP), The PNC Financial Services Group, Inc. (PNC)

The Interpublic Group of Companies, Inc. (IPG) saw its value increase by 0.04% as the stock gained $0.01 to finish the day at a closing price of $23.53. The stock was lighter in trading and has fluctuated between $19.79-$24.82 per share for the past year. The shares, which traded within a range of $23.43 to $23.65 during the day, are up by 4.94% in the past three months and down by -0.08% over the past six months. It is currently trading -0.23% below its 20 day moving average and 0.29% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $26 a share over the next twelve months. The current relative strength index (RSI) reading is 50.04.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

Immune Pharmaceuticals, Inc. (IMNP) shares were up in last trading by 0.14% to $0.22. It experienced lighter than average volume on day. The stock increased in value by almost 15.73% over the past week and grew 17.54% in the past month. It is currently trading 15.1% above its 50 day moving average and -30.71% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -65.86% decrease in value from its one year high of $0.64. The RSI indicator value of 61.43, lead us to believe that it is a hold for now.

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

The PNC Financial Services Group, Inc. (PNC) traded within a range of $113.66 to $116.39 after opening the day at $114.69. The company has seen its stock decrease in value by -0.09% so far this year. The stock was up close to 2.1% on light volume in last trading session and closed at $116.32 per share. After the recent gain, the stock is currently holding -4.07% below its 52 week high of $121.33 and 53.33% above its 12-month low of $77.4. The shares are up by over 32.47% in the last three months, and the RSI indicator value of 51.54 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company’s Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management services to consumer and small business customers through branch network, ATMs, call centers, online banking, and mobile channels. As of March 31, 2016, this segment operated a network of 2,613 branches and 8,940 ATMs. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, equipment leases, cash and investment management, receivables management, disbursement and funds transfer, information reporting, trade services, foreign exchange, derivatives, securities, loan syndications, mergers and acquisitions advisory, equity capital markets advisory, and related services for corporations, government, and not-for-profit entities. This segment also offers commercial loan servicing, and real estate advisory and technology solutions for the commercial real estate finance industry. The company’s Asset Management Group segment provides investment and retirement planning, customized investment management, private banking, tailored credit solutions, and trust management and administration for individuals and their families; multi-generational family planning products; and mutual funds and institutional asset management services. Its Residential Mortgage Banking segment offers first lien residential mortgage loans. The company’s BlackRock segment provides investment and risk management services to institutional and retail clients. Its Non-Strategic Assets Portfolio segment offers consumer residential mortgage, brokered home equity loans, and lines of credit, as well as commercial real estate loans and leases. The PNC Financial Services Group, Inc. was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

 

Three Movers to Watch for: Mastercard Incorporated (MA), Zynga Inc. (ZNGA), Cobalt International Energy, Inc. (CIE)

Mastercard Incorporated (MA) grew with the stock adding 0.24% or $0.26 to close at $108.66 on light trading volume of 2.65M compared its three months average trading volume of 3.86M. The Purchase New York 10577 based company operating under the Credit Services industry has been trending up for the last 52 weeks, with the shares price now 27.05% up for the period and up by 5.46% so far this year. With price target of $119.33 and a 39.51% rebound from 52-week low, Mastercard Incorporated has plenty of upside potential, making it a hold with a view buy.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. The company also offers value-added services, such as loyalty and reward programs, and information and consulting services. In addition, it provides cross-border and domestic processing services; and issuer and acquirer processing solutions, and payment and mobile gateways. Further, the company offers various payment products and solutions for cardholders, merchants, financial institutions, and governments; programs that enable issuers to provide consumers with cards to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid payment programs and management services; and commercial payment products and solutions. Additionally, it provides products and services to prevent, detect, and respond to fraud and ensure the safety of transactions. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus brands. MasterCard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Zynga Inc. (ZNGA) dropped $-0.02 to close the day at a new closing price of $2.61, a -0.95% decrease in value from its previous closing price that moved the stock 46.35% above its 52 week low of $1.78. A total of 2.64M shares exchanged hands during the day compared with its three month average trading volume of 9.71M. The stock, currently situated -15.42% below its 52 week high. The stock is down by -7.95% in the past one month and down by -6.29% over the past three months. With a one year target estimate of $3.25 and RSI of 42.42, the stock still has upside potential, making it a hold for now.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, North America, Asia, and the European Union. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. The company’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com. It also provides advertising services to advertising agencies and brokers. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

Cobalt International Energy, Inc. (CIE) shares were down in last trading by -2.59% to $1.13. It experienced lighter than average volume on day. The stock decreased in value by almost -2.59% over the past week and grew 2.73% in the past month. It is currently trading -6.33% below its 50 day moving average and -30.52% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -70.5% decrease in value from its one year high of $3.83. The RSI indicator value of 41.62, lead us to believe that it is a hold for now.

Cobalt International Energy, Inc., through its subsidiaries, operates as an oil and gas exploration and production company primarily in the deepwater U.S. Gulf of Mexico. The company holds interests in the North Platte, Shenandoah, Anchor, and Heidelberg fields located in the U.S. Gulf of Mexico; and the Diaba block located offshore Gabon. As of December 31, 2015, it had net proved undeveloped reserves of 5.6 million barrels (MMBbls) of oil; 0.3 MMBbls of natural gas liquids; and 1.8 billion cubic feet of natural gas. The company was founded in 2005 and is based in Houston, Texas.

 

Investor’s Alert: Coach, Inc. (COH), Discovery Communications, Inc. (DISCA), MannKind Corporation (MNKD)

Coach, Inc. (COH) failed to extend gains with the stock declining -1.06% or $-0.38 to close the day at $35.35 on lower than average trading volume of 2.5M shares, compared to its three month average trading volume of 3.31M. The New York New York 10001 based company has been outperforming the textile – apparel footwear & accessories companies by 2.2124% for last three months and its recent gains have pushed the stock slightly up 0.94% YTD, versus the textile – apparel footwear & accessories industry which is up 3.69% for the same period. The RSI of 46.34 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Coach, Inc. provides luxury accessories and lifestyle brands. It offers handbags, money pieces, wristlets and cosmetic cases, key rings, and charms for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, time management, electronic accessories, and ready-to-wear for men. The company also provides footwear; seasonal lifestyle apparel collections, including outerwear and ready-to-wear, and cold weather accessories, such as gloves, scarves, and hats; jewelry consisting of bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising eau de perfume sprays, eau de toilette sprays, purse sprays, and body lotions. In addition, it offers weekend and travel accessories, travel bags, and other lifestyle products. Further, the company holds licensing rights to market and distribute footwear, eyewear, watches, and fragrances under the Coach brand name. It markets its products to consumers through a network of company-operated stores, including Internet in North America; and Coach-operated stores and concession shop-in-shops in Japan, Mainland China, Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Austria, Belgium, the Netherlands, and Switzerland. The company also sells its products to wholesale customers and distributors in approximately 55 countries. As of July 2, 2016, it operated 228 Coach retail stores and 204 Coach outlet leased stores; and 522 Coach-operated concession shop-in-shops within department stores, retail, and outlet stores, as well as 75 Stuart Weitzman stores. Coach, Inc. was founded in 1941 and is headquartered in New York, New York.

Discovery Communications, Inc. (DISCA) had a light trading with around 2.5M shares changing hands compared to its three month average trading volume of 3.15M. The stock traded at the price of $28.01 with 0.72% change on the day. The Silver Spring Maryland 20910 based company is currently trading 18.39% above its 52 week low of $23.66 and -5.85% below its 52 week high of $29.75. Both the RSI indicator and target price of 53.41 and $27.71 respectively, lead us to believe that it should be put on hold over the coming weeks.

Discovery Communications, Inc. operates as a media company worldwide. It operates through U.S. Networks; International Networks; and Education and Other segments. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey Network, Eurosport, DMAX, and Discovery Kids brands. Its content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. The company also develops and sells curriculum-based education products and services comprising online suite of curriculum-based VOD tools, professional development services, and digital textbooks, as well as student assessments; and publishes hard copy curriculum-based content for K-12 schools. In addition, it operates production studios that develop content for television service providers, as well as Websites. The company provides content through various distribution platforms, including pay-TV, free-to-air and broadcast television, digital distribution arrangements, and content licensing agreements, as well as various platforms, such as brand-aligned Websites, Web-native networks, on-line streaming, mobile devices, video on demand (VOD), and broadband channels. As of December 31, 2015, it operated approximately 380 distribution feeds in 40 languages internationally. The company is headquartered in Silver Spring, Maryland.

MannKind Corporation (MNKD) opening the day at $0.67. The company has seen its stock increase in value by 5.28% so far this year. The stock was down close to -1.43% on light volume in last trading session and closed at $0.67 per share. After the recent fall, the stock is currently holding -70.08% below its 52 week high of $2.24 and 63.49% above its 12-month low of $0.41. The shares are up by over 42.95% in the last three months, and the RSI indicator value of 51.92 is neither bullish nor bearish, tempting investors to stay on the sidelines.

MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes patients in the United States. Its approved product is AFREZZA, a rapid-acting, inhaled insulin used to control high blood sugar in adults with type 1 and type 2 diabetes. MannKind Corporation has license and collaboration agreement with Sanofi-Aventis Deutschland GmbH for the development of AFREZZA. The company was founded in 1991 and is headquartered in Valencia, California.

 

Stocks Alert: Ares Capital Corporation (ARCC), Comerica Incorporated (CMA), Amazon.com, Inc. (AMZN)

Ares Capital Corporation (ARCC) grew with the stock adding 0.53% or $0.09 to close at $16.99 on light trading volume of 2.35M compared its three months average trading volume of 2.97M. The New York New York 10167 based company operating under the Diversified Investments industry has been trending up for the last 52 weeks, with the shares price now 38.63% up for the period and up by 3.03% so far this year. With price target of $16.82 and a 52.7% rebound from 52-week low, Ares Capital Corporation has plenty of upside potential, making it a hold with a view buy.

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

Comerica Incorporated (CMA) gained $1.69 to close the day at a new closing price of $67.06, a 2.59% increase in value from its previous closing price that moved the stock 124.26% above its 52 week low of $30.48. A total of 2.35M shares exchanged hands during the day compared with its three month average trading volume of 2.36M. The stock, which fluctuated between $65.16 and $67.16 during the day, currently situated -5.81% below its 52 week high. The stock is down by -2.26% in the past one month and up by 40% over the past three months. With a one year target estimate of $70.21 and RSI of 48.16, the stock still has upside potential, making it a hold for now.

Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Management. The Business Bank segment offers various products and services, such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services to middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides small business banking and personal financial services, including consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers a range of consumer products consisting of deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment provides products and services comprising fiduciary services, private banking, retirement services, investment management and advisory services, and investment banking and brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The company operates in Texas, California, and Michigan, as well as in Arizona and Florida, the United States; Canada; and Mexico. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

Amazon.com, Inc. (AMZN) shares were down in last trading by -0.28% to $807.48. It experienced lighter than average volume on day. The stock increased in value by almost 1.45% over the past week and grew 6.11% in the past month. It is currently trading 5.06% above its 50 day moving average and 8.4% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.69% decrease in value from its one year high of $847.21. The RSI indicator value of 64.75, lead us to believe that it is a hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

 

3 Trending Stocks: Huntsman Corporation (HUN), Intercontinental Exchange, Inc. (ICE), American Tower Corporation (AMT)

Huntsman Corporation (HUN) managed to rebound with the stock climbing 1.77% or $0.35 to close the day at $20.11 on light trading volume of 2.07M shares, compared to its three month average trading volume of 2.52M. The Salt Lake City Utah 84108 based company has been outperforming the chemicals – major diversified group over the past 52 weeks, with the stock gaining 158.16%, compared to the industry which has advanced 43.64% over the same period. With RSI of 58.72, the stock should still continue to rise and get closer to its one year target estimate of $21, making it a hold for now.

Huntsman Corporation, together with its subsidiaries, manufactures and sells differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, propylene oxide, polyols, propylene glycol, thermoplastic polyurethane, aniline, and methyl tertiary-butyl ether products, which are used to produce rigid and flexible foams, as well as coatings, adhesives, sealants, and elastomers. The Performance Products segment provides amines, carbonates, surfactants, linear alkyl benzene, maleic anhydride, other performance chemicals, ethylene glycol, olefins, and technology licenses. The Advanced Materials segment offers basic liquid and solid epoxy resins; specialty resin compounds; cross-linking, matting, and curing agents; and epoxy, acrylic, and polyurethane-based formulations. The Textile Effects segment provides textile chemicals, dyes, and inks. The Pigments and Additives segment offers titanium dioxide, functional additives, color pigments, timber treatment, and water treatment chemicals. The company’s products are used in various applications, including adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals, and dye industries. Huntsman Corporation was founded in 1970 and is headquartered in The Woodlands, Texas.

Intercontinental Exchange, Inc. (ICE) climbed 1.51% during last trading as the stock added $0.85 to finish the day at $57.31 with about 2.07M shares changing hands, compared to its three month average trading volume of 2.89M. The $34.07B market cap company, which fluctuated between $56.21 and $57.42 during the day, currently situated 27.73% above its 52 week low of $45.44 and -4.2% away from its one year high of $59.86. The RSI of 55.37 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Asia, Israel, and Canada. The company operates marketplaces for trading and clearing an array of derivatives and securities contracts across various asset classes, including energy and agricultural commodities, interest rates, equities, equity derivatives, credit derivatives, bonds, and currencies. It primarily provides trade execution, listing, price discovery and transparency, trade processing and repositories, clearing, benchmark administration, and market data services. The company operates exchanges and marketplaces, such as ICE Futures Europe, ICE Futures U.S., ICE Futures Canada, ICE Endex, NYSE Amex Options, NYSE Arca Options, and ICE Futures Singapore, as well as over-the-counter markets for physical energy and credit default swaps, and central counterparty clearing houses. It serves financial institutions, money managers, trading firms, commodity producers and consumers, institutional and individual investors, and other business entities. The company was founded in 2000 and is headquartered in Atlanta, Georgia.

American Tower Corporation (AMT) saw its value increase by 0.48% as the stock gained $0.5 to finish the day at a closing price of $105.67. The stock was lighter in trading and has fluctuated between $83.07-$118.26 per share for the past year. The shares, which traded within a range of $105.04 to $106.42 during the day, are down by -6.77% in the past three months and down by -9.53% over the past six months. It is currently trading 0.06% above its 20 day moving average and -0.14% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $130.47 a share over the next twelve months. The current relative strength index (RSI) reading is 52.39. The technical indicator lead us to believe there will be no major movement any time soon, hold.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.

 

3 Notable Runners: EQT Corporation (EQT), AMETEK, Inc. (AME), BorgWarner Inc. (BWA)

EQT Corporation (EQT) managed to rebound with the stock climbing 0.68% or $0.42 to close the day at $62.53 on higher than average trading volume of 2.04M shares, compared to its three month average trading volume of 1.8M. The Pittsburgh Pennsylvania 15222 based company has been outperforming the independent oil & gas companies by -5.1607% for last three months and its recent losses have pulled the stock down -4.39% YTD, versus the independent oil & gas industry which is down -0.31% for the same period. The RSI of 37.18 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates through two segments, EQT Production and EQT Midstream. The EQT Production segment explores for, develops, and produces natural gas, natural gas liquids (NGLs), and crude oil primarily in the Appalachian Basin. As of December 31, 2015, it had 10.0 trillion cubic feet of proved natural gas, NGL, and crude oil reserves across approximately 3.4 million gross acres, including approximately 630,000 gross acres in the Marcellus play. The EQT Midstream segment provides natural gas gathering, transmission, and storage services for the company’s produced gas, as well as for independent third parties in the Appalachian Basin. This segment owns or operates approximately 8,250 miles of gathering lines and 177 compressor units with approximately 255,000 horsepower of installed capacity. EQT Corporation was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania.

AMETEK, Inc. (AME) had a light trading with around 2.03M shares changing hands compared to its three month average trading volume of 2.35M. The stock traded between $50.19 and $50.77 before closing at the price of $50.71 with 0.86% change on the day. The Berwyn Pennsylvania 19312 based company is currently trading 19.32% above its 52 week low of $42.82 and -3.06% below its 52 week high of $52.61. Both the RSI indicator and target price of 60.54 and $0 respectively, lead us to believe that it should be put on hold over the coming weeks.

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. The company’s Electronic Instruments Group segment provides advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor, and factory automation markets; instruments for the laboratory equipment, ultra precision manufacturing, medical, and test and measurement markets; and vision systems for surface inspection. This segment also offers aircraft and engine sensors, monitoring systems, power instruments, data acquisition units, and fuel and fluid measurement systems for the aerospace industry; power quality monitoring and metering devices, industrial battery chargers, uninterruptible power supplies, programmable power and electrical test equipment, and gas turbine sensors; and dashboard instruments for heavy trucks and other vehicles, as well as timing controls and cooking computers for the food service industry. Its Electromechanical Group segment provides electrical interconnects, specialty metals, thermal management systems, and floor care and specialty motors; precision motion control products for data storage, medical devices, business equipment, factory automation, and other applications; engineered electrical connectors and packaging products to protect sensitive electronic devices; and metal tubing products. This segment also offers high-purity metals, metal strips, shaped wires, and advanced composites for various industrial applications; and motors used in commercial appliances, fitness equipment, food and beverage machines, hydraulic pumps, industrial blowers, and vacuum cleaners, as well as operates a network of aviation maintenance, repair, and overhaul facilities. The company sells its products through direct sales force, sales representatives, and distributors. AMETEK, Inc. was founded in 1930 and is headquartered in Berwyn, Pennsylvania.

BorgWarner Inc. (BWA) traded within a range of $39.61 to $39.98 after opening the day at $39.98. The company has seen its stock increase in value by 0.86% so far this year. The stock was down close to -0.03% on light volume in last trading session and closed at $39.78 per share. After the recent fall, the stock is currently holding -5.24% below its 52 week high of $41.98 and 45.99% above its 12-month low of $27.52. The shares are up by over 16.91% in the last three months, and the RSI indicator value of 52.79 is neither bullish nor bearish, tempting investors to stay on the sidelines.

BorgWarner Inc. develops, manufactures, and sells engineered automotive systems and components primarily for powertrain applications worldwide. The company’s Engine segment offers turbochargers; turbo actuators; and timing systems, such as timing chains, variable cam timing products, crankshaft and camshaft sprockets, tensioners, guides and snubbers, HY-VO front-wheel drive transmission chains, and four-wheel drive chains. This segment also provides emissions and systems products comprising electric air pumps and exhaust gas recirculation (EGR) modules, EGR coolers, EGR tubes, and EGR valves; thermal systems products consisting of viscous fan drives, polymer fans, and coolant pumps; and ignition systems, such as glow plugs and instant starting systems, pressure sensor glow plugs, and ignition technology. The Drivetrain segment develops and manufactures friction and mechanical products, including dual clutch modules, friction clutch modules, friction and steel plates, transmission bands, torque converter clutches, one-way clutches, and torsional vibration dampers. This segment also offers control products comprising electro-hydraulic solenoids, transmission solenoid modules, and dual clutch control modules. In addition, this segment provides torque management products, including rear-wheel drive/all-wheel drive (AWD) transfer case systems, front wheel drive-AWD coupling systems, and cross-axle coupling systems. The company sells its products to original equipment manufacturers of light vehicles consisting of passenger cars, sport-utility vehicles, vans, and light trucks; commercial vehicles, such as medium-duty and heavy duty trucks, and buses; and off-highway vehicles, including agricultural and construction machinery, and marine applications, as well as to tier one vehicle systems suppliers and the aftermarket for light, commercial, and off-highway vehicles. BorgWarner Inc. was founded in 1987 and is headquartered in Auburn Hills, Michigan.

 

3 Trending Stocks: J. C. Penney Company, Inc. (JCP), General Electric Company (GE), Apple Inc. (AAPL)

  1. C. Penney Company, Inc. (JCP) failed to extend gains with the stock declining -1.87% or $-0.13 to close the day at $6.81 on active trading volume of 24.87M shares, compared to its three month average trading volume of 19.28M. The Plano Texas 75024 based company has been outperforming the department stores group over the past 52 weeks, with the stock gaining 3.65%, compared to the industry which has advanced 2.73% over the same period. With RSI of 26.45, the stock should still continue to rise and get closer to its one year target estimate of $10.31, making it a hold for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

General Electric Company (GE) fell -0.13% during last trading as the stock lost $-0.04 to finish the day at $31.23 with about 24.67M shares changing hands, compared to its three month average trading volume of 31.96M. The $276.54B market cap company, which fluctuated between $31.13 and $31.33 during the day, currently situated 17.96% above its 52 week low of $27.1 and -4.63% away from its one year high of $33. The RSI of 43.22 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

General Electric Company operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

Apple Inc. (AAPL) saw its value decrease by -0.01% as the stock dropped $-0.01 to finish the day at a closing price of $119.99. The stock was lighter in trading and has fluctuated between $89.47-$120.5 per share for the past year. The shares, which traded within a range of $119.71 to $120.5 during the day, are up by 2.6% in the past three months and up by 21.42% over the past six months. It is currently trading 2.17% above its 20 day moving average and 5.74% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $132.75 a share over the next twelve months. The current relative strength index (RSI) reading is 72.68. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

Stocks on Trader’s Radar: Twenty-First Century Fox, Inc. (FOXA), The Walt Disney Company (DIS), Kohl’s Corporation (KSS)

Twenty-First Century Fox, Inc. (FOXA) managed to rebound with the stock climbing 1.14% or $0.34 to close the day at $30.27 on active trading volume of 7.19M shares, compared to its three month average trading volume of 10.98M. The New York New York 10036 based company has been outperforming the entertainment – diversified group over the past 52 weeks, with the stock gaining 16.34%, compared to the industry which has advanced 24.38% over the same period. With RSI of 69.06, the stock should still continue to rise and get closer to its one year target estimate of $31.96, making it a hold for now.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, including 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, as well as produces and licenses television programming worldwide. Further, it offers video advertising services, including consumer engagement and on-demand marketing campaigns; and operates two San Francisco-Bay area television stations. The company was formerly known as News Corporation. Twenty-First Century Fox, Inc. was founded in 1922 and is headquartered in New York, New York.

The Walt Disney Company (DIS) climbed 0.18% during last trading as the stock added $0.19 to finish the day at $108.16 with about 7.16M shares changing hands, compared to its three month average trading volume of 8.37M. The $171.29B market cap company, which fluctuated between $106.81 and $108.4 during the day, currently situated 27.29% above its 52 week low of $86.25 and -1.21% away from its one year high of $109.49. The RSI of 64.09 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company’s Media Networks segment operates cable programming services, including the ESPN, Disney channels, and Freeform networks; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio Network; and the Radio Disney network. It also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats, such as DVD, Blu-Ray, and iTunes. Its Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida and the Disneyland Resort in California. This segment also operates Disney Resort & Spa in Hawaii, Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and manages Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, as well as licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort in Japan. The company’s Studio Entertainment segment produces and acquires live-action and animated motion pictures for distribution in the theatrical, home entertainment, and television markets primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm, and Touchstone banners. This segment also produces stage plays and musical recordings; licenses and produces live entertainment events; and provides visual and audio effects, and other post-production services. Its Consumer Products & Interactive Media segment licenses its trade names, characters, and visual and literary properties; develops and publishes games for mobile platforms; and sells its products through The Disney Store, DisneyStore.com, and MarvelStore.com, as well as directly to retailers. The company was founded in 1923 and is based in Burbank, California.

Kohl’s Corporation (KSS) saw its value decrease by -0.41% as the stock dropped $-0.17 to finish the day at a closing price of $41.21. The stock was higher in trading and has fluctuated between $33.87-$59.67 per share for the past year. The shares, which traded within a range of $39 to $41.29 during the day, are down by -3.78% in the past three months and up by 7.94% over the past six months. It is currently trading -12.3% below its 20 day moving average and -18.29% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $46.57 a share over the next twelve months. The current relative strength index (RSI) reading is 29.06. The technical indicator led us to believe the stock will reverse recent losses any time soon.

Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The company also sells its products online through Website Kohls.com. As of January 30, 2016, it operated 1,164 department stores in 49 states. Kohl’s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.

 

3 Trending Stocks: Graphic Packaging Holding Company (GPK), ON Semiconductor Corporation (ON), American Express Company (AXP)

Graphic Packaging Holding Company (GPK) continued its downward trend with the stock declining -0.23% or $-0.03 to close the day at $12.75 on active trading volume of 6.08M shares, compared to its three month average trading volume of 3.92M. The Atlanta Georgia 30328 based company has been outperforming the packaging & containers group over the past 52 weeks, with the stock gaining 8.17%, compared to the industry which has advanced 33.92% over the same period. With RSI of 48.37, the stock should still continue to rise and get closer to its one year target estimate of $15.26, making it a hold for now.

Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, and other consumer products companies. The company operates in three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK) and coated recycled board (CRB) to various paperboard packaging converters and brokers; and paperboard packaging folding cartons primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets. It also manufactures corrugated medium and kraft paper; offers various laminated, coated, and printed packaging structures that are produced from its CUK and CRB, as well as other grades of paperboard that are purchased from third-party suppliers; designs and manufactures specialized packaging machines that package bottles and cans, and non-beverage consumer products; and installs its packaging machines at customer plants and provides support, service, and performance monitoring of the machines. The company markets its product primarily through sales offices and broker arrangements with third parties in the Americas, Europe, and the Asia Pacific. Graphic Packaging Holding Company was founded in 1992 and is headquartered in Atlanta, Georgia.

ON Semiconductor Corporation (ON) climbed 0.61% during last trading as the stock added $0.08 to finish the day at $13.26 with about 6.05M shares changing hands, compared to its three month average trading volume of 6.6M. The $5.51B market cap company, which fluctuated between $13.18 and $13.42 during the day, currently situated 90.24% above its 52 week low of $6.97 and -2.64% away from its one year high of $13.62. The RSI of 59.15 indicates the stock is neither overvalued nor undervalued at the current levels, hold 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.

American Express Company (AXP) saw its value increase by 1.16% as the stock gained $0.89 to finish the day at a closing price of $77.49. The stock was higher in trading and has fluctuated between $50.27-$78 per share for the past year. The shares, which traded within a range of $76.51 to $77.61 during the day, are up by 29.92% in the past three months and up by 21.9% over the past six months. It is currently trading 2.96% above its 20 day moving average and 6.34% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $77.32 a share over the next twelve months. The current relative strength index (RSI) reading is 68.8. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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