Josh Smith

Stocks on Trader’s Radar: MetLife, Inc. (MET), Boston Scientific Corporation (BSX), Reynolds American Inc. (RAI)

MetLife, Inc. (MET) continued its upward trend with the stock climbing 0.63% or $0.33 to close the day at $52.91 on light trading volume of 4.98M shares, compared to its three month average trading volume of 6.4M. The New York New York 10166 based company has been outperforming the life insurance group over the past 52 weeks, with the stock gaining 55.53%, compared to the industry which has advanced 55.42% over the same period. With RSI of 45.34, the stock should still continue to rise and get closer to its one year target estimate of $59.86, making it a hold for now.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, including private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also offers group insurance products, such as variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and worksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products comprising guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets; and structured settlements and products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. It serves individuals and corporations, as well as other institutions and their employees. The company sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. MetLife, Inc. was founded in 1863 and is based in New York, New York.

Boston Scientific Corporation (BSX) fell -0.55% during last trading as the stock lost $-0.14 to finish the day at $25.2 with about 4.95M shares changing hands, compared to its three month average trading volume of 8.33M. The $34.5B market cap company, which fluctuated between $25.2 and $25.43 during the day, currently situated 53.66% above its 52 week low of $16.62 and -0.98% away from its one year high of $25.45. The RSI of 76.47 indicates the stock is overbought at the current levels, sell for now.

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

Reynolds American Inc. (RAI) saw its value increase by 0.05% as the stock gained $0.03 to finish the day at a closing price of $60.57. The stock was lighter in trading and has fluctuated between $43.38-$60.91 per share for the past year. The shares, which traded within a range of $60.4 to $60.67 during the day, are up by 12.01% in the past three months and up by 23.02% over the past six months. It is currently trading 2.18% above its 20 day moving average and 6.38% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $57.01 a share over the next twelve months. The current relative strength index (RSI) reading is 77.18. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

 

Equities Trend Analysis: Coach, Inc. (COH), Symantec Corporation (SYMC), Yahoo! Inc. (YHOO)

Coach, Inc. (COH) grew with the stock adding 1.44% or $0.54 to close at $38.07 on active trading volume of 4.26M compared its three months average trading volume of 3.34M. The New York New York 10001 based company operating under the Textile – Apparel Footwear & Accessories industry has been trending up for the last 52 weeks, with the shares price now 17.24% up for the period and up by 8.71% so far this year. With price target of $42.77 and a 19.66% rebound from 52-week low, Coach, Inc. has plenty of upside potential, making it a hold with a view buy.

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.

Symantec Corporation (SYMC) had a light trading with around 4.2M shares changing hands compared to its three month average trading volume of 7.75M. The stock traded between $28.93 and $29.26 before closing at the price of $29.02 with 0.1% change on the day. The Mountain View California 94043 based company is currently trading 98.66% above its 52 week low of $16.14 and -0.41% below its 52 week high of $29.26. Both the RSI indicator and target price of  and $28.36 respectively, lead us to believe that it could rise over the coming weeks.

Symantec Corporation, together with its subsidiaries, provides cybersecurity solutions worldwide. It operates through two segments, Consumer Security and Enterprise Security. The Consumer Security segment offers Norton-branded services that provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals, families, and small businesses. Its Norton Security products help customers protect against complex threats and address the need for identity protection, while also managing mobile and digital data, such as personal financial records, photos, music, and videos. The Enterprise Security segment provides threat protection products, information protection products, cyber security services, and Website security offerings. Its products protect customer data from threats, such as advanced protection threats, malicious spam and phishing attacks, malware, drive-by Website infections, hackers, and cyber criminals; prevent the loss of confidential data by insiders; and help customers achieve and maintain compliance with laws and regulations. This segment delivers its solutions through various methods, such as software, appliance, software-as-a-service, and managed services. The company serves individuals, households, and small businesses; small, medium, and large enterprises; and government and public sector customers. It markets and sells its products and related services through direct sales force, e-commerce platforms, distributors, direct marketers, Internet-based resellers, system builders, Internet service providers, wireless carriers, retailers, original equipment manufacturers, and retail and online stores. Symantec Corporation was founded in 1982 and is headquartered in Mountain View, California.

Yahoo! Inc. (YHOO) saw its value decrease by -0.11% as the stock dropped $-0.05 to finish the day at a closing price of $45.03. The stock was lighter in trading and has fluctuated between $27.94-$45.24 per share for the past year. The shares, which traded within a range of $44.96 to $45.23 during the day, are up by 9.27% in the past three months and up by 9.11% over the past six months. It is currently trading 3.41% above its 20 day moving average and 8.54% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $46.76 a share over the next twelve months. The current relative strength index (RSI) reading is 67.56.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Yahoo! Inc., together with its subsidiaries, provides search and display advertising services on Yahoo properties and affiliate sites worldwide. The company offers Yahoo Search that serves as a guide for users to discover information on the Internet; Yahoo Mail, which connects users to the people and content; and Yahoo Messenger, an instant messaging service, which enables users to connect, communicate, and share experiences in real-time. It also provides digital content products, including Yahoo News, which gives users to discover, consume, and engage around the news, content, and video; Yahoo Sports, which serves audiences of sports enthusiasts; Yahoo Finance that offers a range of financial data, information, and tools; Yahoo Lifestyle to engage users passionate about style and fashion; and Tumblr, which provides a Web platform and mobile applications on iOS and android to create, share, and curate content, as well as Tumblr messaging that enables users to engage with other users that share their same interests and passions. In addition, the company provides advertiser products, such as Yahoo Gemini, a marketplace for search and native advertising; and BrightRoll, which offers a suite of media-agnostic tools to enable advertisers, publishers, and partners connect with users across ad formats and devices. Further, it offers advertising formats; and digital advertising products, such as Yahoo native, Yahoo video, Yahoo premium, and Yahoo audience ads. Additionally, the company offers Yahoo Mobile Developer suite consisting of Flurry Analytics, Yahoo App Publishing, Yahoo App Marketing, and Tumblr In-App Sharing tools to measure, monetize, advertise, and improve their apps. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, California.

 

3 Trending Stocks: U.S. Bancorp (USB), International Paper Company (IP), FirstEnergy Corp. (FE)

U.S. Bancorp (USB) continued its upward trend with the stock climbing 0.13% or $0.07 to close the day at $53.61 on light trading volume of 3.89M shares, compared to its three month average trading volume of 7.41M. The Minneapolis Minnesota 55402 based company has been outperforming the regional – midwest banks group over the past 52 weeks, with the stock gaining 46.75%, compared to the industry which has advanced 58.05% over the same period. With RSI of 63.64, the stock should still continue to rise and get closer to its one year target estimate of $54, making it a hold for now.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to the company’s customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as offers cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. It serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,133 banking offices primarily in the Midwest and West regions of the United States; and a network of 4,936 ATMs, as well as through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

International Paper Company (IP) climbed 1.4% during last trading as the stock added $0.73 to finish the day at $52.89 with about 3.82M shares changing hands, compared to its three month average trading volume of 2.97M. The $21.45B market cap company, which fluctuated between $51.91 and $53.03 during the day, currently situated 65.91% above its 52 week low of $33.43 and -10.14% away from its one year high of $58.86. The RSI of 44.19 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end use applications, including brochures, pamphlets, greeting cards, books, annual reports, and direct mail, as well as envelopes, tablets, business forms, and file folders. This segment sells uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brand names. It also produces pulp for manufacturing printing, writing, and specialty papers, as well as towels and tissues, filtration products, diapers, and sanitary napkins. The Consumer Packaging segment offers coated paperboards for various packaging and foodservice end uses, such as food, cosmetics, pharmaceuticals, and tobacco products under the Everest, Fortress, and Starcote brand names. This segment also produces cups, lids, food containers, and plates. The company sells its packaging products, paper products, and other products directly to end users and converters, as well as through agents, resellers, and paper distributors. International Paper Company was founded in 1898 and is headquartered in Memphis, Tennessee.

FirstEnergy Corp. (FE) saw its value increase by 1.91% as the stock gained $0.57 to finish the day at a closing price of $30.45. The stock was lighter in trading and has fluctuated between $29.33-$36.6 per share for the past year. The shares, which traded within a range of $29.81 to $30.52 during the day, are down by -7.97% in the past three months and down by -5.24% over the past six months. It is currently trading 2.09% above its 20 day moving average and 0.36% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34.72 a share over the next twelve months. The current relative strength index (RSI) reading is 57.04. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

Trader Alert: Philip Morris International Inc. (PM), EOG Resources, Inc. (EOG), Noble Energy, Inc. (NBL)

Philip Morris International Inc. (PM) retreated with the stock falling -0.14% or $-0.14 to close at $102.63 on light trading volume of 3.1M compared its three months average trading volume of 5.16M. The New York New York 10017 based company operating under the Cigarettes industry has been trending up for the last 52 weeks, with the shares price now 21.19% up for the period and up by 12.18% so far this year. With price target of $103.81 and a 22.35% rebound from 52-week low, Philip Morris International Inc. has plenty of upside potential, making it a hold with a view buy.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

EOG Resources, Inc. (EOG) gained $1.63 to close the day at a new closing price of $101.44, a 1.63% increase in value from its previous closing price that moved the stock 63.45% above its 52 week low of $62.53. A total of 3.09M shares exchanged hands during the day compared with its three month average trading volume of 3.59M. The stock, which fluctuated between $100.57 and $102.03 during the day, currently situated -7.1% below its 52 week high. The stock is down by -3.16% in the past one month and up by 8.75% over the past three months. With a one year target estimate of $112.56 and RSI of 47.31, the stock still has upside potential, making it a hold for now.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People’s Republic of China. As of December 31, 2015, it had total estimated net proved reserves of 2,118 million barrels of oil equivalent, including 1,098 million barrels (MMBbl) crude oil and condensate reserves; 383 MMBbl of natural gas liquid reserves; and 3,825 billion cubic feet of natural gas reserves. EOG Resources, Inc. was founded in 1985 and is headquartered in Houston, Texas.

Noble Energy, Inc. (NBL) shares were up in last trading by 1.25% to $38.87. It experienced lighter than average volume on day. The stock decreased in value by almost -3.55% over the past week and grew 4.36% in the past month. It is currently trading -0.61% below its 50 day moving average and 7.06% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.28% decrease in value from its one year high of $42.03. The RSI indicator value of 46.97, lead us to believe that it is a hold for now.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in DJ Basin, Marcellus Shale, Eagle Ford Shale, and Permian Basin, the United States; deepwater Gulf of Mexico; offshore Eastern Mediterranean; and offshore West Africa. As of December 31, 2015, the company had approximately 1,421 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas.

 

Stocks Trend Analysis: Allergan plc (AGN), The Goldman Sachs Group, Inc. (GS), salesforce.com, inc. (CRM)

Allergan plc (AGN) continued its upward trend with the stock climbing 0.28% or $0.68 to close the day at $246.36 on light trading volume of 3.08M shares, compared to its three month average trading volume of 4.7M. The Dublin Dublin D17 E400 based company has been underperforming the drugs – generic group over the past 52 weeks, with the stock losing -10.27%, compared to the industry which has advanced 0.11% over the same period. With RSI of 82.83, the stock should still continue to rise and get closer to its one year target estimate of $263.37, making it a hold for now.

Allergan plc, a specialty pharmaceutical company, develops, manufactures, markets, and distributes medical aesthetics, biosimilar, and over-the-counter pharmaceutical products worldwide. It operates through US Brands, US Medical Aesthetics, International Brands, and Anda Distribution segments. The company offers a portfolio of products that provide treatments for the central nervous system, gastroenterology, women’s health and urology, ophthalmology, neurosciences, medical aesthetics, liver disease, inflammation, fibrosis, and HIV, as well as dermatology and plastic surgery, and Alzheimer’s disease. It is also involved in developing ocular implants that reduce intraocular pressure associated with glaucoma; medical devices for the correction of prominent ears; and intranasal neurostimulation devices, as well as other dry eye products. In addition, it distributes generic and branded pharmaceutical products primarily to independent pharmacies, pharmacy chains, pharmacy buying groups, and physicians’ offices. Further, the company develops, processes, and markets tissue-based products for use in reconstructive, orthopedic, and urogynecologic surgical procedures to repair soft tissue defects. Allergan plc has a collaboration with T2 Biosystems to develop blood-based diagnostic panel for the detection of Gram-negative bacterial species. The company was formerly known as Actavis plc and changed its name to Allergan plc in June 2015. Allergan plc was founded in 1983 and is headquartered in Dublin, Ireland.

The Goldman Sachs Group, Inc. (GS) grew with the stock adding 0.48% or $1.17 to close at $242.72 on light trading volume of 3.07M compared its three months average trading volume of 4.43M. The New York New York 10282 based company operating under the Investment Brokerage – National industry has been trending up for the last 52 weeks, with the shares price now 75.2% up for the period and up by 1.37% so far this year. With price target of $247.8 and a 77.27% rebound from 52-week low, The Goldman Sachs Group, Inc. has plenty of upside potential, making it a hold with a view buy.

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

salesforce.com, inc. (CRM) failed to extend gains with the stock declining -0.48% or $-0.39 to close the day at $80.64 on lower than average trading volume of 3.06M shares, compared to its three month average trading volume of 5.97M. The San Francisco California 94105 based company has been outperforming the application software companies by 6.1888% for last three months and its recent gains have pushed the stock slightly up 17.79% YTD, versus the application software industry which is up 9.18% for the same period. The RSI of 72.43 indicates the stock is overbought at the current levels, sell for now.

salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship management to various businesses and industries worldwide. It offers enterprise cloud computing applications and platform services, including Sales Cloud that enables companies to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices. The company also provides Service Cloud that enables companies to deliver personalized customer service and support, as well as connects their service agents with customers on various devices; and Marketing Cloud, which enables companies to plan, personalize, and optimize customer interactions. In addition, it offers Community Cloud that enables companies to engage with groups of people by giving them access to information, applications, and experts; Analytics Cloud, an application, which enables companies to deploy sales, service, marketing, and custom analytics applications using various data source; Internet of Things Cloud that enables customers to process data, as well as build personalized actions and engage with customers in real time; and App Cloud, an application development platform for companies to deliver connected applications for various business needs. Further, the company provides professional services, including consulting, deployment, training, and design and integration services to facilitate the adoption of its cloud solutions, as well as offers various education service offerings ranging from introductory online courses to advanced architecture certifications. It sells and markets services primarily through its direct sales force, as well as through consulting firms, systems integrators, and regional partners. The company has a strategic alliance with Cisco to develop IoT and contact center platforms. salesforce.com, inc. was founded in 1999 and is headquartered in San Francisco, California.

 

Stocks in the Spotlight: Plains All American Pipeline, L.P. (PAA), ONEOK, Inc. (OKE), Apache Corporation (APA)

Plains All American Pipeline, L.P. (PAA) had a active trading with around 2.73M shares changing hands compared to its three month average trading volume of 2.52M. The stock traded between $30.77 and $31.75 before closing at the price of $31.27 with 0.03% change on the day. The Houston Texas 77002 based company is currently trading 125.93% above its 52 week low of $17.46 and -6.3% below its 52 week high of $33.95. Both the RSI indicator and target price of 47.04 and $33.93 respectively, lead us to believe that it should be put on hold over the coming weeks.

Plains All American Pipeline, L.P., through with its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. Its Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2015, this segment owned and leased 18,100 miles of active crude oil and NGL pipelines and gathering systems; 30 million barrels of active and above-ground tank capacity; 830 trailers; 142 transport and storage barges; and 64 transport tugs. The company’s Facilities segment provides storage, terminalling, and throughput services for crude oil, refined products, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2015, it owned and operated approximately 80 million barrels of crude oil and refined products storage capacity; 25 million barrels of NGL storage capacity; 97 billion cubic feet of natural gas storage working capacity; 31 billion cubic feet of base gas; 10 natural gas processing plants; 1 condensate processing facility; 7 fractionation plants; 28 crude oil and NGL rail terminals; 6 marine facilities; and 1,100 miles of active pipelines. Its Supply and Logistics segment purchases crude oil at the wellhead, pipeline, terminal, and rail facilities; purchases cargos at load port and various locations in transit; stores inventory, and NGL and natural gas; purchases NGL; resells or exchanges crude oil and NGL; transports crude oil and NGL on trucks, barges, railcars, pipelines, and ocean-going vessels; and purchases and sells natural gas. As of December 31, 2015, it owned 13 million barrels of crude oil and NGL linefill; 5 million barrels of crude oil and NGL linefill; 990 trucks and 1,100 trailers; and 10,100 crude oil and NGL railcars. The company was founded in 1998 and is headquartered in Houston, Texas.

ONEOK, Inc. (OKE) continued its upward trend with the stock climbing 0.34% or $0.19 to close the day at $55.31 on active trading volume of 2.73M shares, compared to its three month average trading volume of 2.26M. The Tulsa Oklahoma 74103 based company has been outperforming the gas utilities group over the past 52 weeks, with the stock gaining 197.53%, compared to the industry which has advanced 14.75% over the same period. With RSI of 49.08, the stock should still continue to rise and get closer to its one year target estimate of $54.46, making it a hold for now.

ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates through the Natural Gas Gathering and Processing, the Natural Gas Liquids, and the Natural Gas Pipelines segments. The company gathers, treats, fractionates, stores, and transports natural gas liquids (NGL), as well as owns natural gas liquids gathering and distribution pipelines, natural gas liquids distribution and refined petroleum products pipelines, and terminal and storage facilities; and operates interstate and intrastate regulated natural gas transmission pipelines and natural gas storage facilities, as well as stores, markets, and distributes NGL products to petrochemical manufacturers, heating fuel users, ethanol producers, refineries, exporters, and propane distributors. It also owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space to others. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Apache Corporation (APA) shares were up in last trading by 0.81% to $57.38. It experienced lighter than average volume on day. The stock decreased in value by almost -3.79% over the past week and fell -9.66% in the past month. It is currently trading -9.11% below its 50 day moving average and -0.88% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -16.51% decrease in value from its one year high of $69. The RSI indicator value of 32.3, lead us to believe that it is a hold for now.

Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.

 

Investor’s Watch List: Equifax Inc. (EFX), Las Vegas Sands Corp. (LVS), Spectra Energy Corp (SE)

Equifax Inc. (EFX) had a light trading with around 2.4M shares changing hands compared to its three month average trading volume of 952.25K. The stock traded between $127.75 and $132.69 before closing at the price of $130.56 with 1.9% change on the day. The Atlanta Georgia 30309 based company is currently trading 43.93% above its 52 week low of $97.61 and -4.18% below its 52 week high of $136.97. Both the RSI indicator and target price of 83.76 and $134.58 respectively, lead us to believe that it could drop over the coming weeks.

Equifax Inc. provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Personal Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services. The International segment provides information service products, which include consumer and commercial services, such as credit and financial information, and credit scoring and modeling; and credit and other marketing products and services, as well as offers information, technology, and services to support debt collections and recovery management. The Workforce Solutions segment provides employment, income, and social security number verification services; and payroll-based transaction and employment tax management services. The Personal Solutions segment offers products to consumers, which enables to understand and monitor the credit, as well as helps to protect the identity; and sells credit information, credit monitoring, and identity theft protection products directly to consumers through the Internet and hard-copy formats. Equifax Inc. serves customers in financial service, mortgage, human resource, consumer, commercial, telecommunication, retail, automotive, utility, brokerage, healthcare, and insurance industries, as well as state and federal governments. It operates in the United States, Argentina, Brazil, Canada, Chile, Costa Rica, Ecuador, El Salvador, Honduras, Mexico, Paraguay, Peru, Portugal, the Republic of Ireland, Spain, the United Kingdom, and Uruguay. Equifax Inc. was founded in 1899 and is headquartered in Atlanta, Georgia.

Las Vegas Sands Corp. (LVS) failed to extend gains with the stock declining -0.36% or $-0.19 to close the day at $52.74 on light trading volume of 2.38M shares, compared to its three month average trading volume of 4.93M. The Las Vegas Nevada 89109 based company has been outperforming the resorts & casinos group over the past 52 weeks, with the stock gaining 38.33%, compared to the industry which has advanced 44.25% over the same period. With RSI of 43.07, the stock should still continue to rise and get closer to its one year target estimate of $60.59, making it a hold for now.

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, the Four Seasons Hotel Macao, Cotai Strip, the Plaza Casino, and the Sands Macao in Macao, the People’s Republic of China; and iconic Marina Bay Sands in Singapore. The company also owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and Five-Diamond luxury resorts on the Las Vegas Strip; Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Casino Resort Bethlehem in Bethlehem, Pennsylvania. Its integrated resorts include accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.

Spectra Energy Corp (SE) shares were up in last trading by 0.67% to $42.12. It experienced lighter than average volume on day. The stock decreased in value by almost -1.8% over the past week and grew 0.12% in the past month. It is currently trading 1.17% above its 50 day moving average and 10.87% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.37% decrease in value from its one year high of $44. The RSI indicator value of 51.58, lead us to believe that it is a hold for now.

Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, as well as transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of approximately 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has approximately 40,000 miles of main and service pipelines; storage capacity of approximately 163 Bcf; and transmission system of approximately 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, including water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas; produces, fractionates, transports, stores, and sells NGLs; recovers and sells condensate; and trades in and markets natural gas and NGLs. It owns or operates approximately 67,000 miles of gathering and transmission pipeline. The company was incorporated in 2006 and is headquartered in Houston, Texas.

 

Stocks Intraday Alert: Costco Wholesale Corporation (COST), Targa Resources Corp. (TRGP), Ventas, Inc. (VTR)

Costco Wholesale Corporation (COST) continued its upward trend with the stock climbing 0.61% or $1.04 to close the day at $172 on lower than average trading volume of 2.07M shares, compared to its three month average trading volume of 2.23M. The Issaquah Washington 98027 based company has been outperforming the discount, variety stores companies by 17.475% for last three months and its recent gains have pushed the stock slightly up 7.72% YTD, versus the discount, variety stores industry which is down -0.05% for the same period. The RSI of 72.1 indicates the stock is overbought at the current levels, sell for now.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio; meat, bakery, deli, and produces; and apparel and small appliances. It also operates gas stations, pharmacies, optical dispensing centers, food courts, and hearing-aid centers; and engages in the travel businesses. In addition, the company provides gold star individual and business membership services. As of August 28, 2016, it operated 715 warehouses, including 501 warehouses in the United States, Washington, District of Columbia, and Puerto Rico; 91 in Canada; 36 in Mexico; 28 in the United Kingdom; 25 in Japan; 12 in Korea; 12 in Taiwan; 8 in Australia; and 2 in Spain. Further, the company sells its products through online. The company was formerly known as Costco Companies, Inc. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

Targa Resources Corp. (TRGP) had a light trading with around 2.05M shares changing hands compared to its three month average trading volume of 2.09M. The stock traded between $59.18 and $60.15 before closing at the price of $59.34 with 0.05% change on the day. The Houston Texas 77002 based company is currently trading 343.73% above its 52 week low of $15.4 and -4.03% below its 52 week high of $61.83. Both the RSI indicator and target price of 56.69 and $57.67 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Ventas, Inc. (VTR) traded within a range of $61.04 to $62.05 after opening the day at $61.8. The company has seen its stock decrease in value by -1.2% so far this year. The stock was down close to -0.05% on light volume in last trading session and closed at $61.77 per share. After the recent fall, the stock is currently holding -17.66% below its 52 week high of $76.8 and 38.14% above its 12-month low of $47.94. The shares are up by over 3.4% in the last three months, and the RSI indicator value of 49.71 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, management, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada. The firm primarily invests in healthcare-related facilities including hospitals, skilled nursing facilities, senior housing facilities, medical office buildings, and other healthcare related facilities. Ventas, Inc. was founded in 1983 and is based in Chicago, Illinois with additional offices in Irvine, California; Louisville, Kentucky; Charlotte, North Carolina; and Dallas, Texas.

 

Stocks In Queue: State Street Corporation (STT), Skyworks Solutions, Inc. (SWKS), United Continental Holdings, Inc. (UAL)

State Street Corporation (STT) climbed 0.22% during last trading as the stock added $0.17 to finish the day at $78.11 with about 1.95M shares changing hands, compared to its three month average trading volume of 2.31M. The $30.06B market cap company, which fluctuated between $77.33 and $78.25 during the day, currently situated 57.% above its 52 week low of $50.6 and -6.44% away from its one year high of $83.49. The RSI of 48.54 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product- and participant-level accounting; daily pricing and administration; master trust and master custody; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; and performance, risk, and compliance analytics. It also provides investment management services, such as investment management, investment research, and investment advisory services to corporations, public funds, and other sophisticated investors, as well as offers active and passive asset management strategies across equity, fixed-income, and cash asset classes. The company offers its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

Skyworks Solutions, Inc. (SWKS) dropped $-0.26 to close the day at a new closing price of $92.21, a -0.28% decrease in value from its previous closing price that moved the stock 71.76% above its 52 week low of $57.11. A total of 1.95M shares exchanged hands during the day compared with its three month average trading volume of 2.53M. The stock, which fluctuated between $91.41 and $92.75 during the day, currently situated -2.41% below its 52 week high. The stock is up by 17.95% in the past one month and up by 19.55% over the past three months. With a one year target estimate of $92.57 and RSI of 70.79, the stock still has upside potential, making it a sell for now.

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio includes amplifiers, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase shifters, phase locked loops, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators. The company provides its products for automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet, and wearable applications. Skyworks Solutions, Inc. sells its products through direct sales force, electronic component distributors, and independent sales representatives. The company was founded in 1962 and is headquartered in Woburn, Massachusetts.

United Continental Holdings, Inc. (UAL) had a light trading with around 1.94M shares changing hands compared to its three month average trading volume of 3.74M. The stock traded between $72.2 and $73.37 before closing at the price of $72.6 with -0.52% change on the day. The Chicago Illinois 60606 based company is currently trading 94.07% above its 52 week low of $37.41 and -5.47% below its 52 week high of $76.8. Both the RSI indicator and target price of 48.97 and $85.44 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

Stocks in the Spotlight: Lam Research Corporation (LRCX), CarMax Inc. (KMX), AmerisourceBergen Corporation (ABC)

Lam Research Corporation (LRCX) had a light trading with around 1.54M shares changing hands compared to its three month average trading volume of 1.93M. The stock traded between $114.95 and $116.58 before closing at the price of $115.99 with -0.01% change on the day. The Fremont California 94538 based company is currently trading 86.65% above its 52 week low of $66.66 and -2.64% below its 52 week high of $119.14. Both the RSI indicator and target price of 59.3 and $131.89 respectively, lead us to believe that it should be put on hold over the coming weeks.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing systems used in the fabrication of integrated circuits. It provides thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition systems to deposit oxides, nitrides, carbides, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; SPEED high-density plasma CVD products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for the treatment of back-end-of-line low-k dielectric films and front-end-of-line silicon nitride strained films. The company also offers plasma etch products, such as Kiyo products that provide solutions for conductor etch applications; Flex products, which offer technologies and application-focused capabilities for dielectric etch applications; and Syndion products that provide solutions to address various through-silicon via etch applications. In addition, it provides single-wafer clean products, including EOS, Da Vinci, DV-Prime, and SP series products for wet etch and clean applications in wafer-level packaging, including silicon substrate thinning, wafer stress relief, underbump metallization etch, and photoresist removal; and Coronus plasma-based bevel clean products to enhance die yield by removing particles, residues, and unwanted films from the wafer’s edge, as well as legacy products. The company offers its products in the United States, Europe, Taiwan, Korea, Japan, China, and Southeast Asia. Lam Research Corporation was founded in 1980 and is headquartered in Fremont, California.

CarMax Inc. (KMX) continued its upward trend with the stock climbing 0.15% or $0.1 to close the day at $67.54 on light trading volume of 1.53M shares, compared to its three month average trading volume of 2.09M. The Richmond Virginia 23238 based company has been outperforming the auto dealerships group over the past 52 weeks, with the stock gaining 60.24%, compared to the industry which has advanced 49.35% over the same period. With RSI of 59.2, the stock should still continue to rise and get closer to its one year target estimate of $67.4, making it a hold for now.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to customers at the time of sale. The company also offers reconditioning and vehicle repair services; and provides financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with other financial institutions. In addition, it sells new vehicles under franchise agreements. As of December 20, 2016, the company operated 169 used car stores in 39 states. The company was founded in 1993 and is based in Richmond, Virginia.

AmerisourceBergen Corporation (ABC) shares were down in last trading by -0.52% to $91.17. It experienced lighter than average volume on day. The stock increased in value by almost 2.12% over the past week and grew 11.82% in the past month. It is currently trading 10.74% above its 50 day moving average and 12.67% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -0.66% decrease in value from its one year high of $92.48. The RSI indicator value of 67.33, lead us to believe that it is a hold for now.

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