Josh Smith

Investor’s Alert: Pandora Media, Inc. (P), FireEye, Inc. (FEYE), CF Industries Holdings, Inc. (CF)

Pandora Media, Inc. (P) continued its upward trend with the stock climbing 1.87% or $0.24 to close the day at $13.09 on lower than average trading volume of 6.48M shares, compared to its three month average trading volume of 6.95M. The Oakland California 94612 based company has been outperforming the broadcasting – radio companies by 25.4924% for last three months and its recent gains have pushed the stock slightly up 0.38% YTD, versus the broadcasting – radio industry which is up 6.54% for the same period. The RSI of 51.54 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Pandora Media, Inc. provides Internet music streaming services in North America. The company allows its listeners to create personalized stations to access free music and comedy catalogs, as well as personalized playlist generating system; and offers Pandora One, a paid subscription service to listeners. It also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. In addition, the company offers ticketing and marketing software and services for venues and event promoters to promote their events, as well as allow fans to find and purchase tickets for events. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

FireEye, Inc. (FEYE) had a active trading with around 6.47M shares changing hands compared to its three month average trading volume of 4.51M. The stock traded between $11.42 and $11.79 before closing at the price of $11.76 with 2.62% change on the day. The Milpitas California 95035 based company is currently trading 10.94% above its 52 week low of $10.6 and -40.09% below its 52 week high of $19.63. Both the RSI indicator and target price of 42.97 and $13.77 respectively, lead us to believe that it should be put on hold over the coming weeks.

FireEye, Inc. provides cybersecurity solutions for detecting, preventing, analyzing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information. It also offers Central Management System that provides cross-enterprise threat data correlation to identify and block attacks across multiple attack vectors; and Threat Analytics Platform to identify and respond to cyber threats by correlating enterprise-generated security event data from any security product with real-time threat intelligence, as well as Malware Analysis System to manually execute and inspect advanced malware, zero-day, and other advanced cyber-attacks embedded in files, email attachments, and Web objects. In addition, the company offers Network Forensics Platform that helps in detecting threats and view specific packets and sessions before, during, and after the attack to confirm what may have triggered a malware download or callback; Investigation Analysis System, a centralized analytical interface to the Network Forensics Platform; and Mandiant Intelligent Response that enables remote investigation of endpoints and allows security teams to collect targeted forensic data to identify attacker behavior, tools, and techniques. Further, it provides cloud-based subscription services; Security-as-a-Service; and incident response, compromise assessments, and related consulting, as well as training and professional, and customer support and maintenance services. FireEye, Inc. provides its products and services through distributors, resellers, and strategic partners in the United States, the Asia Pacific, Japan, Europe, the Middle East, Africa, and others. The company was formerly known as NetForts, Inc. and changed its name to FireEye, Inc. in September 2005. FireEye, Inc. was founded in 2004 and is headquartered in Milpitas, California.

CF Industries Holdings, Inc. (CF) traded within a range of $36.02 to $37.1 after opening the day at $36.08. The company has seen its stock increase in value by 16.61% so far this year. The stock was up close to 2.43% on active volume in last trading session and closed at $36.71 per share. After the recent gain, the stock is currently holding -1.24% below its 52 week high of $37.72 and 81.29% above its 12-month low of $20.77. The shares are up by over 35.31% in the last three months, and the RSI indicator value of 63.38 is neither bullish nor bearish, tempting investors to stay on the sidelines.

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.

 

Stocks Under Review: Cypress Semiconductor Corporation (CY), Exelixis, Inc. (EXEL), New Residential Investment Corp. (NRZ)

Cypress Semiconductor Corporation (CY) managed to rebound with the stock climbing 1.46% or $0.18 to close the day at $12.52 on light trading volume of 4.48M shares, compared to its three month average trading volume of 5.59M. The San Jose California 95134 based company has been outperforming the semiconductor – broad line group over the past 52 weeks, with the stock gaining 99.72%, compared to the industry which has advanced 51.46% over the same period. With RSI of 59.67, the stock should still continue to rise and get closer to its one year target estimate of $13.71, making it a hold for now.

Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells mixed-signal programmable solutions worldwide. The company’s Programmable Solutions division designs and develops programmable solutions, including Traveo automotive microcontrollers; programmable system-on-chip products; ARM Cortex-M4, -M3, and -M0+ microcontrollers; R4 CPUs; analog power management integrated circuits; CapSense capacitive-sensing controllers; TrueTouch touchscreen and fingerprint reader products; and Bluetooth low energy solutions for the Internet of things. Its Memory Products division designs and manufactures NOR and NAND flash memories, static random access memory (SRAM) products, HyperRAm, synchronous and asynchronous SRAMs, nvSRAMs, F-RAM ferroelectric memory devices, dual port memories, first-in first-out memories, RoboClock buffers, and programmable clocks. The company’s Data Communications division provides universal serial bus (USB) controllers; Bluetooth low energy and wirelessUSB solutions; module solutions, such as trackpads and Bluetooth low energy modules; and controllers for the new USB type-C standards. Its Emerging Technology division provides wafer level chip scale packaging solutions and foundry services, as well as other development stage activities. The company serves various markets, including automotive, industrial, communications, consumer, computation, data communications, mobile handsets, and military markets. It sells its semiconductor products through distributors and manufacturing representative firms, as well as through sales force to direct original equipment manufacturers and their suppliers. The company has a strategic foundry partnership with HuaHong Grace Semiconductor Manufacturing Corporation and United Microelectronics Corporation. Cypress Semiconductor Corporation was founded in 1982 and is headquartered in San Jose, California.

Exelixis, Inc. (EXEL) retreated with the stock falling -3.53% or $-0.78 to close at $21.3 on light trading volume of 4.42M compared its three months average trading volume of 5.76M. The South San Francisco California 94080 based company operating under the Biotechnology industry has been trending up for the last 52 weeks, with the shares price now 407.14% up for the period and up by 42.86% so far this year. With price target of $20.5 and a 500% rebound from 52-week low, Exelixis, Inc. has plenty of upside potential, making it a hold with a view buy.

Exelixis, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer. It focuses on advancing cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, and VEGF receptors, which has shown clinical anti-tumor activity in approximately 20 forms of cancer and is the subject of a broad clinical development program. The company has received regulatory approval for two separate formulations of cabozantinib for the treatment of certain forms of kidney and thyroid cancer and marketed as CABOMETYX tablets in the United States and COMETRIQ capsules in the United States and European Union respectively. It also offers COTELLIC (cobimetinib), a selective inhibitor of MEK, in the United States and European Union; and is being evaluated for further potential indications by Roche and Genentech under collaboration with Exelixis. Exelixis, Inc. has collaboration and license agreements with Ipsen Pharma SAS, Genentech, Inc., GlaxoSmithKline, Bristol-Myers Squibb Company, Sanofi, Merck, and Daiichi Sankyo Company Limited for the development and commercialization of various compounds and programs. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was founded in 1994 and is headquartered in South San Francisco, California.

New Residential Investment Corp. (NRZ) continued its upward trend with the stock climbing 1.13% or $0.18 to close the day at $16.08 on higher than average trading volume of 4.41M shares, compared to its three month average trading volume of 3.93M. The New York New York 10105 based company has been outperforming the reit – residential companies by 16.3352% for last three months and its recent gains have pushed the stock slightly up 2.29% YTD, versus the reit – residential industry which is up 0.36% for the same period. The RSI of 57.54 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also acquires and manages a diversified portfolio of credit sensitive real estate securities, such as non-agency and agency residential mortgage backed securities; and acquires residential mortgage loans comprising performing, non-performing, re-performing, and reverse mortgage loans. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is based in New York, New York.

 

3 Stocks to Watch For: E*TRADE Financial Corporation (ETFC), MannKind Corporation (MNKD), Sarepta Therapeutics, Inc. (SRPT)

E*TRADE Financial Corporation (ETFC) saw its value increase by 1.69% as the stock gained $0.6 to finish the day at a closing price of $36.16. The stock was higher in trading and has fluctuated between $20.31-$38.61 per share for the past year. The shares, which traded within a range of $35.81 to $36.49 during the day, are up by 14.5% in the past three months and up by 43.38% over the past six months. It is currently trading -0.36% below its 20 day moving average and 1.07% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $42.82 a share over the next twelve months. The current relative strength index (RSI) reading is 51.31.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

MannKind Corporation (MNKD) shares were up in last trading by 8.14% to $0.56. It experienced lighter than average volume on day. The stock increased in value by almost 4.05% over the past week and fell -12.86% in the past month. It is currently trading -11.41% below its 50 day moving average and -29.52% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -74.87% decrease in value from its one year high of $2.24. The RSI indicator value of 43.77, lead us to believe that it is a hold for now.

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.

Sarepta Therapeutics, Inc. (SRPT) traded within a range of $26.26 to $27.85 after opening the day at $27.81. The company has seen its stock increase in value by 0.87% so far this year. The stock was down close to -0.57% on active volume in last trading session and closed at $27.67 per share. After the recent fall, the stock is currently holding -56.58% below its 52 week high of $63.73 and 245.88% above its 12-month low of $8. The shares are down by over -32.51% in the last three months, and the RSI indicator value of 37.5 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Sarepta Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery and development of RNA-based therapeutics for the treatment of rare, infectious, and other diseases. The company’s lead product candidate is Eteplirsen, an antisense phosphorodiamidate morpholino oligomer therapeutic, which is in Phase III clinical development for the treatment of individuals with Duchenne muscular dystrophy (DMD), a genetic muscle-wasting disease caused by the absence of dystrophin. It is also developing exon-skipping drugs for the treatment of DMD; and therapeutic candidates for the treatment of infectious diseases, such as influenza, Marburg, and Ebola. The company has a strategic alliance with Charley’s Fund, Inc. to support the development of product candidates using its proprietary exon-skipping technologies; a license agreement with the University of Western Australia for the use of antisense sequences in the treatment of DMD; and a research collaboration agreement with Catabasis Pharmaceuticals, Inc to explore a combination drug treatment approach for DMD. It also has a research and option agreement with Nationwide Children’s Hospital for microdystrophin gene therapy program. Sarepta Therapeutics, Inc. was founded in 1980 and is headquartered in Cambridge, Massachusetts.

 

3 Stocks in Focus: Acacia Communications, Inc. (ACIA), Galena Biopharma, Inc. (GALE), TripAdvisor, Inc. (TRIP)

Acacia Communications, Inc. (ACIA) climbed 9.98% during last trading as the stock added $5.59 to finish the day at $61.61 with about 2.6M shares changing hands, compared to its three month average trading volume of 1.26M. The $2.33B market cap company, which fluctuated between $56.39 and $61.95 during the day, currently situated 127.76% above its 52 week low of $27.05 and -52.14% away from its one year high of $128.73. The RSI of 54.06 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Acacia Communications, Inc. provides high-speed coherent interconnect products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Its products include a series of low-power coherent digital signal processors and silicon photonic integrated circuits integrated into families of optical interconnect modules with transmission speeds ranging from 40 to 400 gigabits per second for use in long-haul, metro, and inter-data center markets. The company sells its products through a direct sales force to network equipment manufacturers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.

Galena Biopharma, Inc. (GALE) gained $0.04 to close the day at a new closing price of $0.78, a 5.45% increase in value from its previous closing price that moved the stock 8.37% above its 52 week low of $0.72. A total of 2.59M shares exchanged hands during the day compared with its three month average trading volume of 2.1M. The stock, which fluctuated between $0.74 and $0.788 during the day, currently situated -98.43% below its 52 week high. The stock is down by -59.15% in the past one month and down by -80.49% over the past three months. With a one year target estimate of $6 and RSI of 26, the stock still has upside potential, making it a buy for now.

Galena Biopharma, Inc., a biopharmaceutical company, focuses on developing and commercializing oncology therapeutics that address major unmet medical needs. The company’s lead product candidate, NeuVax (nelipepimut-S), is in Phase III clinical trials for the prevention of recurrence in early- stage and node-positive breast cancer with low to intermediate human epidermal growth factor receptor (HER2) expression; Phase IIb clinical trials in combination with Herceptin for HER2 1+/2+ node-positive and high-risk node-negative breast cancer treatment; and Phase II clinical trials in combination with trastuzumab for node positive and negative HER2 IHC 3+ patients. It also develops GALE-301 (folate binding protein), which is in Phase IIa clinical trials for the prevention of recurrence in patients with ovarian and endometrial cancers; GALE-302, a version of the E39 peptide that is in Phase 1b clinical trial for investigating a novel vaccination series; and GALE-401 (anagrelide controlled release), which is in a Phase II clinical trial for the treatment of patients with myeloproliferative neoplasms to lower elevated platelet levels. Galena Biopharma, Inc. has strategic development and commercialization partnership with Dr. Reddy’s Laboratories Ltd. for NeuVax in breast and gastric cancers. The company was formerly known as RXi Pharmaceuticals Corporation and changed its name to Galena Biopharma, Inc. in September 2011. Galena Biopharma, Inc. was founded in 2003 and is based in San Ramon, California.

TripAdvisor, Inc. (TRIP) had a active trading with around 2.59M shares changing hands compared to its three month average trading volume of 2.08M. The stock traded between $51.33 and $52.2 before closing at the price of $51.39 with -1.17% change on the day. The Needham Massachusetts 02494 based company is currently trading 12.62% above its 52 week low of $45.63 and -28.32% below its 52 week high of $71.69. Both the RSI indicator and target price of 48.28 and $52.05 respectively, lead us to believe that it should be put on hold over the coming weeks.

TripAdvisor, Inc. operates as an online travel company. The company operates through two segments, Hotel and Other. Its travel research platform aggregates reviews and opinions about destinations, accommodations, activities and attractions, and restaurants for consumers to plan their trips, as well as enables to book hotels, vacation rentals, flights, activities and attractions, and restaurants. The company operates TripAdvisor-branded Websites, including tripadvisor.com in the United States; and localized versions of the Website in 47 countries. It also manages and operates 23 other media brands that provide travel planning resources across the travel sector comprising airfarewatchdog.com, bookingbuddy.com, cruisecritic.com, everytrail.com, familyvacationcritic.com, flipkey.com, gateguru.com, holidaylettings.co.uk, holidaywatchdog.com, independenttraveler.com, jetsetter.com, thefork.com, niumba.com, onetime.com, oyster.com, seatguru.com, smartertravel.com, tingo.com, travelpod.com, tripbod.com, vacationhomerentals.com, viator.com, and virtualtourist.com. The company’s Websites feature 320 million reviews and opinions on 6.2 million places, including 995,000 hotels and accommodations; 770,000 vacation rentals; 3.8 million restaurants; and 625,000 attractions worldwide. TripAdvisor, Inc. was founded in 2000 and is headquartered in Needham, Massachusetts.

 

Stocks Under Review: Fairmount Santrol Holdings Inc. (FMSA), Colony NorthStar, Inc. (CLNS), Brixmor Property Group Inc. (BRX)

Fairmount Santrol Holdings Inc. (FMSA) continued its downward trend with the stock declining -0.91% or $-0.11 to close the day at $12.01 on light trading volume of 1.92M shares, compared to its three month average trading volume of 3.51M. The Chesterland Ohio 44026 based company has been outperforming the industrial metals & minerals group over the past 52 weeks, with the stock gaining 655.35%, compared to the industry which has advanced 107.31% over the same period. With RSI of 51.09, the stock should still continue to rise and get closer to its one year target estimate of $12.88, making it a hold for now.

Fairmount Santrol Holdings Inc., together with its subsidiaries, provides sand-based proppant solutions for exploration and production companies to enhance the productivity of their oil and gas wells. The company operates in two segments, Proppant Solutions; and Industrial & Recreational (I&R) Products. The Proppant Solutions segment primarily provides sand-based proppants for use in hydraulic fracturing operations in the United States, Canada, Argentina, Mexico, China, Northern Europe, and the United Arab Emirates. Its products include northern white frac sand, API-spec brown sand, and resin coated proppants, as well as ceramic proppants; PowerProp product; and Propel SSP product that utilizes a polymer coating applied to a proppant substrate. The I&R Products segment offers raw, coated, and custom blended sands for use in building products, glass, turf and landscape, and filtration industries, as well as for foundries primarily in North America. Fairmount Santrol Holdings Inc. also supplies proppants to oilfield service companies. The company was formerly known as FMSA Holdings Inc. and changed its name to Fairmount Santrol Holdings Inc. in July 2015. Fairmount Santrol Holdings Inc. was incorporated in 1986 and is headquartered in Chesterland, Ohio.

Colony NorthStar, Inc. (CLNS) retreated with the stock falling 0% or $0 to close at $14.5 on light trading volume of 1.89M compared its three months average trading volume of 3.93M. The Los Angeles California 90071 based company has been trending up for the last 52 weeks, with the shares price now 65.3% up for the period and up by 4.86% so far this year. With price target of $17.83 and a 76.3% rebound from 52-week low, Colony NorthStar, Inc. has plenty of upside potential, making it a hold with a view buy.

The firm invests in the real estate markets of North America and Europe. Its investment portfolio is primarily composed of real estate equity; real estate and real estate-related debt; and investment management of company-sponsored private equity funds and vehicles. The firm invests in wide spectrum of commercial real estate property types, including but not limited to, office, industrial, retail, hospitality, education, single-family and multifamily residential assets, and geographies, primarily within North America and Europe. It was formerly known as Colony Financial, Inc. Colony Capital, Inc. was formed on June 23, 2009 and is based in Los Angeles, California.

Brixmor Property Group Inc. (BRX) continued its upward trend with the stock climbing 0.33% or $0.08 to close the day at $24.48 on higher than average trading volume of 1.89M shares, compared to its three month average trading volume of 1.63M. The New York New York 10017 based company has been outperforming the reit – retail companies by 4.938% for last three months and its recent gains have pushed the stock slightly up 1.32% YTD, versus the reit – retail industry which is up 1.65% for the same period. The RSI of 54.29 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Brixmor Property Group Inc. owns and operates various grocery-anchored community and neighborhood shopping centers in the United States. As of March 31, 2013, the company owned interests in 532 community and neighborhood shopping centers comprising 526 wholly owned community and neighborhood shopping centers; and 6 community and neighborhood shopping centers held through unconsolidated real estate joint ventures. Brixmor Property Group Inc. was formerly known as CENTRO SUPER RESIDUAL HOLDING 2 LLC. The company was incorporated in 2008 and is based in New York, New York.

 

Three Movers to Watch for: Legg Mason, Inc. (LM), Teradyne, Inc. (TER), CubeSmart (CUBE)

Legg Mason, Inc. (LM) grew with the stock adding 0.94% or $0.33 to close at $35.53 on light trading volume of 1.5M compared its three months average trading volume of 2.02M. The Baltimore Maryland 21202 based company operating under the Asset Management industry has been trending up for the last 52 weeks, with the shares price now 36.84% up for the period and up by 18.79% so far this year. With price target of $0 and a 46.23% rebound from 52-week low, Legg Mason, Inc. has plenty of upside potential, making it a hold with a view buy.

Legg Mason, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides investment management and related services to company-sponsored mutual funds and other investment vehicles including pension funds, foundations, endowments, sovereign wealth funds, insurance companies, private banks, family offices, individuals, as well as to global, institutional, and retail clients. It launches and manages equity, fixed income, and multi-asset customized portfolios through its subsidiaries. The firm also launches and manages mutual funds and exchange traded funds for its clients through its subsidiaries. It invests in private and public equity, fixed income, and multi asset markets across the globe through its subsidiaries. Through its subsidiaries, the firm also invests in alternative markets. It also employs a combination of fundamental and quantitative research to make its investments through its subsidiaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.

Teradyne, Inc. (TER) dropped $0 to close the day at a new closing price of $28.9, a 0% decrease in value from its previous closing price that moved the stock 68.6% above its 52 week low of $17.45. A total of 1.49M shares exchanged hands during the day compared with its three month average trading volume of 2.25M. The stock, which fluctuated between $28.85 and $29.03 during the day, currently situated -0.45% below its 52 week high. The stock is up by 10.18% in the past one month and up by 23.8% over the past three months. With a one year target estimate of $29.47 and RSI of 70.6, the stock still has upside potential, making it a sell for now.

Teradyne, Inc. designs, develops, manufactures, and sells automatic test equipment worldwide. Its Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game applications, and others. This segment offers FLEX test platform systems; Magnum platform that tests memory devices, such as flash memory and dynamic random access memory; J750 test system to address the highest volume semiconductor devices; and ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the low pin count analog/mixed signal discrete markets. It serves integrated device manufacturers (IDMs) that integrate the fabrication of silicon wafers into their business; fabless companies, which outsource the manufacturing of silicon wafers; foundries; and outsourced semiconductor assembly and test providers. The company’s Wireless Test segment designs, develops, and supports wireless test equipment for developing and manufacturing wireless devices, including smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, Bluetooth, and cellular enabled devices. This segment offers IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE-FDD, TD_LTE, and LTE-A technologies for calibration and verification of smartphones, tablets, small cell wireless gateways, and embedded cellular modules; test equipment for connectivity testing; IQfact chipset software; and modular wireless test instruments. The company’s System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. Its Industrial Automation segment provides collaborative robots for manufacturing and light industrial customers. The company was founded in 1960 and is headquartered in North Reading, Massachusetts.

CubeSmart (CUBE) shares were down in last trading by -0.46% to $26. It experienced lighter than average volume on day. The stock increased in value by almost 2.77% over the past week and fell -0.76% in the past month. It is currently trading 0.91% above its 50 day moving average and -5.16% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -20.49% decrease in value from its one year high of $33.52. The RSI indicator value of 54.46, lead us to believe that it is a hold for now.

CubeSmart is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in ownership, operation, acquisition and development of self-storage facilities. The firm was formerly known as U-Store-It Trust. CubeSmart was founded in July 2004 and is based in Malvern, Pennsylvania.

 

Eye Catching Stocks: The Carlyle Group LP (CG), Diamondback Energy, Inc. (FANG), Pilgrim’s Pride Corporation (PPC)

The Carlyle Group LP (CG) continued its downward trend with the stock declining -0.62% or $-0.1 to close the day at $16.15 on light trading volume of 1.4M shares, compared to its three month average trading volume of 855.28K. The Washington District of Columbia 20004 based company has been outperforming the asset management group over the past 52 weeks, with the stock gaining 39.76%, compared to the industry which has advanced 36.35% over the same period. With RSI of 36.19, the stock should still continue to rise and get closer to its one year target estimate of $19.04, making it a hold for now.

The Carlyle Group LP is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions. The firm typically invests in agribusiness, ecological sector, airports, parking, Plastics, Rubber, diversified natural resources, minerals, farming, aerospace, defense, automotive, consumer, retail, industrial, infrastructure, energy, power, healthcare, software, software enabled services, semiconductors, communications infrastructure, financial technology, utilities, gaming, systems and related supply chain, electronic systems, systems, oil and gas, processing facilities, power generation assets, technology, systems, real estate, financial services, transportation, business services, telecommunications, media, and logistics sectors. Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing, and education. Within aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology, distribution companies. In telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and Internet, and infrastructure. Within real estate, the firm invests in office, hotel, industrial, retail, for sale residential, student housing, hospitality, multifamily residential, homebuilding and building products, and senior living sectors. The firm seeks to make investments in growing business including those with overleveraged balance sheets. The firm seeks to hold its investments for four to six years. In the healthcare sector, it invests in healthcare services, outsourcing services, companies running clinical trials for pharmaceutical companies, managed care, pharmaceuticals, pharmaceutical related services, healthcare IT, medical, products, and devices. It seeks to invest in companies based in Sub-Saharan focusing on Ghana, Kenya, Mozambique, Botswana, Nigeria, Uganda, West Africa, North Africa and South Africa focusing on Tanzania and Zambia; Asia focusing on Pakistan, India, South East Asia, Indonesia, Korea, and Japan; Australia; New Zealand; Europe focusing on France, Italy, Denmark, United Kingdom, Germany, Austria, Belgium, Finland, Iceland, Ireland, Netherlands, Norway, Portugal, Spain, Benelux , Sweden, Switzerland, Hungary, Poland, and Russia; Middle East focusing on Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, and UAE; North America focusing on United States which further invest in Southeastern United States, Texas, Boston, San Francisco Bay Area and Pacific Northwest; Asia Pacific; Soviet Union, Central-Eastern Europe, and Israel; Nordic region; and South America focusing on Mexico, Argentina, Brazil, Chile, and Peru. The firm seeks to invest in food, financial, and healthcare industries in Western China. In the real estate sector, the firm seeks to invest in various locations across Europe focusing on France and Central Europe, United States, Asia focusing on China, and Latin America. It typically invests between $5 million and $50 million for venture investments and between $20 million and $1 billion for buyouts in companies with enterprise value of between $37.15 million and $1000 million and sales value of $10 million and $500 million. It seeks to invest in companies with market capitalization greater than $50 million. It typically holds its investments for three to five years. Within automotive and transportation sectors, the firm seeks to hold its investments in for four to six years. While investing in Japan, it does not invest in companies with more than 1,000 employees and prefers companies worth between $100 million and $150 million. The firm originates, structures, and acts as lead equity investor in the transactions. The Carlyle Group LP was founded in 1987 and is based in Washington, District of Columbia with additional offices in 20 countries across six continents (North America, South America, Asia, Australia, Europe, and Africa).

Diamondback Energy, Inc. (FANG) fell -0.47% during last trading as the stock lost $-0.49 to finish the day at $104.3 with about 1.39M shares changing hands, compared to its three month average trading volume of 1.48M. The $9.16B market cap company, which fluctuated between $102.5 and $104.94 during the day, currently situated 63.58% above its 52 week low of $66.23 and -7.89% away from its one year high of $113.23. The RSI of 51.14 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. Its activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, and Atoka formations. The company’s net acreage position is approximately 84,683 acres in the Permian Basin. As of December 31, 2015, its estimated proved oil and natural gas reserves were 156,900 thousand barrels of crude oil equivalent, as well as working interests were in 918 gross producing wells. It also owns mineral interests underlying approximately 46,562 gross acres in the Permian Basin. The company was founded in 2007 and is headquartered in Midland, Texas.

Pilgrim’s Pride Corporation (PPC) saw its value increase by 0.44% as the stock gained $0.09 to finish the day at a closing price of $20.52. The stock was lighter in trading and has fluctuated between $17.15-$27.79 per share for the past year. The shares, which traded within a range of $20.4 to $20.67 during the day, are up by 8.86% in the past three months and down by -9.76% over the past six months. It is currently trading 8.02% above its 20 day moving average and 9.34% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $22.4 a share over the next twelve months. The current relative strength index (RSI) reading is 67.58. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

3 Trending Stocks: The Coca-Cola Company (KO), Micron Technology, Inc. (MU), General Electric Company (GE)

The Coca-Cola Company (KO) continued its downward trend with the stock declining -1.62% or $-0.67 to close the day at $40.58 on active trading volume of 28.84M shares, compared to its three month average trading volume of 13.57M. The Atlanta Georgia 30313 based company has been underperforming the beverages – soft drinks group over the past 52 weeks, with the stock losing -1.21%, compared to the industry which has advanced 6.62% over the same period. With RSI of 36.44, the stock should still continue to rise and get closer to its one year target estimate of $45.09, making it a hold for now.

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The company’s still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. The Coca-Cola Company sells its products primarily under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Minute Maid, Georgia, Powerade, Del Valle, Schweppes, Aquarius, Minute Maid Pulpy, Dasani, Simply, Glacéau Vitaminwater, Bonaqua/Bonaqa, Gold Peak, FUZE TEA, Glacéau Smartwater, and Ice Dew brand names. The company offers its beverage products through a network of company-owned or controlled bottling and distribution operators, as well as through independent bottling partners, distributors, wholesalers, and retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.

Micron Technology, Inc. (MU) fell -1.64% during last trading as the stock lost $-0.4 to finish the day at $24.05 with about 28.56M shares changing hands, compared to its three month average trading volume of 26.48M. The $26.96B market cap company, which fluctuated between $23.9 and $24.76 during the day, currently situated 157.22% above its 52 week low of $9.35 and -4.98% away from its one year high of $25.31. The RSI of 59.58 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

General Electric Company (GE) saw its value increase by 0.44% as the stock gained $0.13 to finish the day at a closing price of $29.72. The stock was lighter in trading and has fluctuated between $28.19-$33 per share for the past year. The shares, which traded within a range of $29.55 to $29.75 during the day, are up by 1.06% in the past three months and down by -3.56% over the past six months. It is currently trading -1.66% below its 20 day moving average and -4% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34.13 a share over the next twelve months. The current relative strength index (RSI) reading is 35.05. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.

 

Worth Watching Stocks: Arconic Inc. (ARNC), Verizon Communications Inc. (VZ), Starbucks Corporation (SBUX)

Arconic Inc. (ARNC) saw its value increase by 5.94% as the stock gained $1.66 to finish the day at a closing price of $29.62. The stock was higher in trading and has fluctuated between $16.75-$29.85 per share for the past year. The shares, which traded within a range of $28.12 to $29.85 during the day, are up by 69.41% in the past three months and up by 27.4% over the past six months. It is currently trading 26.85% above its 20 day moving average and 38.39% 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 89.25.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

Verizon Communications Inc. (VZ) shares were up in last trading by 0.35% to $48.98. It experienced lighter than average volume on day. The stock increased in value by almost 0.82% over the past week and fell -6.63% in the past month. It is currently trading -4.29% below its 50 day moving average and -3.57% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -11.2% decrease in value from its one year high of $56.95. The RSI indicator value of 39.93, lead us to believe that it is a hold for now.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, as well as offers wireless devices, including smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The company’s Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, including collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services. This segment also offers IoT services; data security services; voice and data services; and data, voice, local dial tone, and broadband services primarily to local, long distance, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

Starbucks Corporation (SBUX) traded within a range of $55.56 to $56.4 after opening the day at $55.73. The company has seen its stock increase in value by 1.72% so far this year. The stock was up close to 0.73% on active volume in last trading session and closed at $56.22 per share. After the recent gain, the stock is currently holding -7.31% below its 52 week high of $61.64 and 11.6% above its 12-month low of $50.84. The shares are up by over 3.95% in the last three months, and the RSI indicator value of 48.69 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water; an assortment of fresh food and snack offerings; and various food products, such as pastries, breakfast sandwiches, and lunch items, as well as beverage-making equipment and accessories. The company also licenses its trademarks through licensed stores, and grocery and national foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of November 3, 2016, the company operated 25,085 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.

 

Stocks on the Move: Comcast Corporation (CMCSA), Texas Instruments Incorporated (TXN), Johnson Controls International plc (JCI)

Comcast Corporation (CMCSA) continued its upward trend with the stock climbing 0.16% or $0.12 to close the day at $75.15 on active trading volume of 6.34M shares, compared to its three month average trading volume of 10.44M. The Philadelphia Pennsylvania 19103 based company has been outperforming the entertainment – diversified group over the past 52 weeks, with the stock gaining 36.37%, compared to the industry which has advanced 32.29% over the same period. With RSI of 65.35, the stock should still continue to rise and get closer to its one year target estimate of $82.39, making it a hold for now.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand. This segment also provides business services, such as Ethernet network services; and cellular backhaul services to mobile network operators. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international cable networks; and cable television studio production operations, as well as owns various digital media properties, which primarily include brand-aligned Websites. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo local broadcast television stations, broadcast television studio production operations, and related digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes filmed entertainment under the Universal Pictures, Illumination, Focus Features, and DreamWorks Animation names. This segment also develops, produces, and licenses stage plays. The Theme Parks segment operates Universal theme parks in Orlando, Florida, as well as in Hollywood, California; and Universal studios theme park in Osaka, Japan. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and operates arena management-related businesses. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

Texas Instruments Incorporated (TXN) fell -0.19% during last trading as the stock lost $-0.14 to finish the day at $75.16 with about 6.29M shares changing hands, compared to its three month average trading volume of 5.46M. The $75.26B market cap company, which fluctuated between $74.52 and $75.66 during the day, currently situated 54.98% above its 52 week low of $51.14 and -5.4% away from its one year high of $79.47. The RSI of 49.81 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power management products that include catalog and application-specific standard products to enhance the efficiency of powered devices using battery management solutions, portable power conversion devices, power supply controls, and point-of-load products. This segment also provides high performance analog products, such as high-speed data converters, amplifiers, sensors, high reliability products, interface products, and precision products; and silicon valley analog products, including power management, data converter, interface, and operational amplifier catalog analog products that are used in manufacturing various electronic systems. The Embedded Processing segment offers microcontroller products, which are systems with a processor core, memory, and peripherals to control a set of specific tasks for electronic equipment; processor products comprising digital signal and applications processors; and connectivity products consisting of electronic devices to connect and transfer data. The company also provides DLP products primarily used in projectors to create high-definition images; application-specific integrated circuits; calculators; and baseband products, as well as OMAP applications processors and connectivity products. It markets and sells its products through a direct sales force and distributors. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.

Johnson Controls International plc (JCI) saw its value increase by 1.31% as the stock gained $0.54 to finish the day at a closing price of $41.85. The stock was higher in trading and has fluctuated between $33.01-$48.97 per share for the past year. The shares, which traded within a range of $41.17 to $42.07 during the day, are down by -3.99% in the past three months and down by -5.39% over the past six months. It is currently trading -2.66% below its 20 day moving average and -2.85% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $49.95 a share over the next twelve months. The current relative strength index (RSI) reading is 41.9. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Buildings and Power Solutions segments. It designs, produces, markets, and installs heating, ventilating, and air conditioning (HVAC) systems, building management systems, controls, and security and mechanical equipment. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services. In addition, it designs, sells, installs, services, and monitors electronic security systems, and fire detection and suppression systems; and manufactures and sells intrusion security products, anti-theft devices, breathing apparatus, and access control and video management systems for commercial, industrial, retail, residential, small business, institutional, and governmental customers. Further, the company produces and supplies lead-acid automotive batteries for passenger cars, light trucks, and utility vehicles, as well as advanced battery technologies to power start-stop, hybrid, and electric vehicles. It offers its lead-acid automotive batteries to automotive original equipment manufacturers and the general vehicle battery aftermarket. The company was formerly known as Johnson Controls, Inc. and changed its name to Johnson Controls International plc in September 2016. Johnson Controls International plc was founded in 1885 and is headquartered in Cork, Ireland.