Kathryn Reed

Stocks To Track: HP Inc. (HPQ), The Procter & Gamble Company (PG), Merck & Co., Inc. (MRK)

HP Inc. (HPQ) fell -0.38% during last trading as the stock lost $-0.06 to finish the day at $15.92 with about 12.56M shares changing hands, compared to its three month average trading volume of 11.73M. The $27.3B market cap company, which fluctuated between $15.89 and $16.03 during the day, currently situated 74.94% above its 52 week low of $9.95 and -2.99% away from its one year high of $16.41. The RSI of 68.27 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

HP Inc. provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, solutions, and services, as well as scanning devices; and laserJet and enterprise, inkjet and printing, graphics, and 3D printing solutions. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

The Procter & Gamble Company (PG) dropped $-0.33 to close the day at a new closing price of $90.79, a -0.36% decrease in value from its previous closing price that moved the stock 17.5% above its 52 week low of $79.1. A total of 12.4M shares exchanged hands during the day compared with its three month average trading volume of 9.22M. The stock, which fluctuated between $90.54 and $91.12 during the day, currently situated -0.39% below its 52 week high. The stock is up by 6.9% in the past one month and up by 9.43% over the past three months. With a one year target estimate of $90.53 and RSI of 71.15, the stock still has upside potential, making it a sell for now.

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, India, the Middle East, Africa, and Latin America. The company’s Beauty segment offers hair care products comprising conditioners, shampoos, styling aids, and treatments; and antiperspirants and deodorants, personal cleansing, and skin care products. This segment markets its products under the Head & Shoulders, Olay, Pantene, Rejoice, Old Spice, Safeguard, and SK-II brands. Its Grooming segment provides blades and razors, pre- and post-shave products, and other shave care products, as well as appliances under the Braun, Fusion, Gillette, Mach3, Prestobarba, and Venus brands. The company’s Health Care segment offers toothbrushes, toothpaste, and other oral care products; and gastrointestinal, rapid diagnostics, respiratory, vitamins/minerals/supplements, and other healthcare products under the Oral-B, Crest, Prilosec, Vicks, Metamucil, Pepto Bismol, and Align brands. Its Fabric & Home Care segment provides fabric care products, including fabric enhancers, laundry additives, and laundry detergents; and home care products comprising air care, dish care, P&G professional, and surface care products under the Tide, Ariel, Downy, Gain, Cascade, Dawn, Febreze, Mr. Clean, and Swiffer brands. The company’s Baby, Feminine & Family Care segment offers baby care products, such as baby wipes, diapers, and pants; adult incontinence and feminine care products; and family care products, such as paper towels, tissues, and toilet papers. This segment markets its products under the Pampers, Always, Bounty, Charmin, Luvs, and Tampax brands. The company sells its products through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores, and pharmacies. The Procter & Gamble Company was founded in 1837 and is based in Cincinnati, Ohio.

Merck & Co., Inc. (MRK) had a active trading with around 12.35M shares changing hands compared to its three month average trading volume of 10.79M. The stock traded between $64.46 and $65.41 before closing at the price of $65.26 with 0.15% change on the day. The Kenilworth New Jersey 07033 based company is currently trading 36.82% above its 52 week low of $49.63 and -0.93% below its 52 week high of $65.87. Both the RSI indicator and target price of 63.14 and $68.55 respectively, lead us to believe that it should be put on hold over the coming weeks.

Merck & Co., Inc. provides healthcare solutions worldwide. The company offers therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases. It also offers neuromuscular blocking agents; anti-bacterial products; cholesterol modifying medicines; non-sedating antihistamine; and vaginal contraceptive products. In addition, the company offers products to prevent chemotherapy-induced and post-operative nausea and vomiting; treat brain tumors; treat melanoma and metastatic non-small-cell lung cancer; prevent diseases caused by human papillomavirus; and vaccines for measles, mumps, rubella, varicella, chickenpox, shingles, rotavirus gastroenteritis, and pneumococcal diseases. Further, it offers antibiotic and anti-inflammatory drugs to treat infectious and respiratory diseases, fertility disorders, and pneumonia in cattle, horses, and swine; vaccines for poultry; parasiticide for sea lice in salmon; and antibiotics and vaccines for fishes. Additionally, the company offers companion animal products, such as ointments for otitis; diabetes mellitus treatment for dogs and cats; anthelmintic products; chewable tablets to treat fleas and ticks in dogs; and products for protection against bites from fleas, ticks, mosquitoes, and sandflies. It serves drug wholesalers and retailers, hospitals, government agencies and entities, physicians, physician distributors, veterinarians, distributors, animal producers, and managed health care providers. The company has collaboration agreements with Adaptimmune Therapeutics plc and Agenus; and a research agreement with Proteros Biostructures to develop molecule compounds for various cancer treatments. The company was founded in 1891 and is headquartered in Kenilworth, New Jersey.

 

Stocks Roundup: Abbott Laboratories (ABT), Yahoo! Inc. (YHOO), eBay Inc. (EBAY)

Abbott Laboratories (ABT) grew with the stock adding 0.45% or $0.2 to close at $44.2 on light trading volume of 8.98M compared its three months average trading volume of 9.16M. The Abbott Park Illinois 60064 based company operating under the Medical Appliances & Equipment industry has been trending up for the last 52 weeks, with the shares price now 18.3% up for the period and up by 15.82% so far this year. With price target of $47.23 and a 22.54% rebound from 52-week low, Abbott Laboratories has plenty of upside potential, making it a hold with a view buy.

Abbott Laboratories manufactures and sells health care products worldwide. The company’s Established Pharmaceutical Products segment offers branded generic pharmaceuticals to treat pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptoms; gynecological disorders; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière’s disease and vestibular vertigo; pain, fever, and inflammation; migraines; anti-infective clarithromycin; and influenza vaccines, as well as to regulate physiological rhythm of the colon. Its Diagnostic Products segment provides immunoassay and clinical chemistry systems; assays used to screen and/or diagnosis cancer, cardiac, drugs of abuse, fertility, infectious diseases, and therapeutic drug monitoring; hematology systems and reagents; diagnostic systems and cartridges; instruments to automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detects and measures infectious agents; genomic-based tests; informatics and automation solutions; and instrument used to identify infection-causing pathogens. The company’s Nutritional Products segment provides pediatric and adult nutritional products. Its Vascular Products segment offers coronary, endovascular, vessel closure, and structural heart devices to treat vascular disease. The company also provides blood and flash glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes; and medical devices for the eye, such as cataract and LASIK surgery, contact lens care, and dry eye products. In addition, it develops cardiovascular medical devices. It serves retailers, wholesalers, hospitals, health care facilities, laboratories, physicians’ offices, and government agencies. The company has strategic alliance with Fonterra. The company was founded in 1888 and is headquartered in Abbott Park, Illinois.

Yahoo! Inc. (YHOO) had a active trading with around 8.97M shares changing hands compared to its three month average trading volume of 8.82M. The stock traded between $45.01 and $45.69 before closing at the price of $45.16 with -1.07% change on the day. The Sunnyvale California 94089 based company is currently trading 61.63% above its 52 week low of $29.7 and -3.34% below its 52 week high of $46.72. Both the RSI indicator and target price of  and $46.76 respectively, lead us to believe that it could rise over the coming weeks.

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.

eBay Inc. (EBAY) saw its value decrease by -1.38% as the stock dropped $-0.47 to finish the day at a closing price of $33.54. The stock was lighter in trading and has fluctuated between $22.3-$34.15 per share for the past year. The shares, which traded within a range of $33.46 to $34.15 during the day, are up by 17.73% in the past three months and up by 9.57% over the past six months. It is currently trading 4.45% above its 20 day moving average and 9.12% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34.38 a share over the next twelve months. The current relative strength index (RSI) reading is 66.78.The technical indicator lead us to believe there will be no major movement any time soon, hold.

eBay Inc. operates commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. The company’s Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and Ticketbis platforms that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets. Its Classifieds platforms include a collection of brands, such as mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen, and others, which offer online classifieds to enable people find whatever they are looking for in their local communities. The company’s platforms enable users to find, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, classifieds, directories, search engines, commerce participants, shopping channels, and networks. eBay Inc. was founded in 1995 and is headquartered in San Jose, California.

 

Trader’s Round Up: Pepsico, Inc. (PEP), Johnson Controls International plc (JCI), The TJX Companies, Inc. (TJX)

Pepsico, Inc. (PEP) grew with the stock adding 1.3% or $1.39 to close at $108.12 on active trading volume of 5.56M compared its three months average trading volume of 4.18M. The Purchase New York 10577 based company operating under the Beverages – Soft Drinks industry has been trending up for the last 52 weeks, with the shares price now 11.73% up for the period and up by 3.34% so far this year. With price target of $115.25 and a 13.82% rebound from 52-week low, Pepsico, Inc. has plenty of upside potential, making it a hold with a view buy.

PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s and Ruffles potato chips; Doritos, Tostitos and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips. The company’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, natural granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, Cap’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes. Its North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under the Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Tropicana Pure Premium, Sierra Mist, and Mug brands; and ready-to-drink tea and coffee, and juices. The company’s Latin America segment provides snack foods under the Doritos, Cheetos, Marias Gamesa, Ruffles, Emperador, Saladitas, Sabritas, Lay’s, Rosquinhas Mabel, and Tostitos brands; cereals and snacks under the Quaker brand; and beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Gatorade, Mirinda, Diet 7UP, Manzanita Sol, and Diet Pepsi brands. Its Europe Sub-Saharan Africa segment offers snack foods under the Lay’s, Walkers, Doritos, Cheetos, and Ruffles brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Pepsi Max, Mirinda, Diet Pepsi, and Tropicana brands; ready-to-drink tea products; and dairy products under the Chudo, Agusha, and Domik v Derevne brands. The company’s Asia, Middle East and North Africa segment provides snack foods under the Lay’s, Kurkure, Chipsy, Doritos, Cheetos, and Crunchy brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, Mirinda, 7UP, Mountain Dew, Aquafina, and Tropicana brands; and tea products. The company was founded in 1898 and is headquartered in Purchase, New York.

Johnson Controls International plc (JCI) gained $0.06 to close the day at a new closing price of $41.68, a 0.14% increase in value from its previous closing price that moved the stock 28.97% above its 52 week low of $34.56. A total of 5.55M shares exchanged hands during the day compared with its three month average trading volume of 5.78M. The stock, which fluctuated between $41.38 and $41.81 during the day, currently situated -14.4% below its 52 week high. The stock is down by -3.27% in the past one month and down by -5.8% over the past three months. With a one year target estimate of $49.95 and RSI of 42.92, the stock still has upside potential, making it a hold for now.

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.

The TJX Companies, Inc. (TJX) shares were down in last trading by -1.79% to $76.83. It experienced higher than average volume on day. The stock increased in value by almost 0.95% over the past week and grew 0.54% in the past month. It is currently trading 1.06% above its 50 day moving average and 1.06% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.5% decrease in value from its one year high of $83.64. The RSI indicator value of 55.73, lead us to believe that it is a hold for now.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; seasonal items; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of July 30, 2016, the company operated a total of 3,675 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as through three e-commerce sites. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

 

Stocks Alert: Prudential Financial, Inc. (PRU), Constellation Brands, Inc. (STZ), Continental Resources, Inc. (CLR)

Prudential Financial, Inc. (PRU) grew with the stock adding 0.29% or $0.32 to close at $112.11 on active trading volume of 2.3M compared its three months average trading volume of 2.09M. The Newark New Jersey 07102 based company operating under the Life Insurance industry has been trending up for the last 52 weeks, with the shares price now 75.71% up for the period and up by 7.74% so far this year. With price target of $110.29 and a 88.23% rebound from 52-week low, Prudential Financial, Inc. has plenty of upside potential, making it a hold with a view buy.

Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It offers primarily life insurance, annuities, retirement-related, mutual funds, and investment management products and services. The company operates through U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance divisions. The U.S. Retirement Solutions and Investment Management division provides individual variable and fixed annuity products; and recordkeeping, plan administration, actuarial advisory, tailored participant education and communication, trustee, and institutional and retail investment services. It also offers brokerage services; guaranteed investment contracts, funding agreements, structured settlement annuities, and other group annuities; and investment management and advisory services to the public and private marketplace. The U.S. Individual Life and Group Insurance division provides individual variable, term, and universal life insurance products to mass middle, mass affluent, and affluent markets; group life; long-term and short-term group disability; and group corporate, bank, and trust-owned life insurance products to institutional clients. It also sells accidental death and dismemberment, and other ancillary coverages; and offers plan administrative services. The International Insurance division provides individual life insurance, retirement, and related products. The company serves individual and institutional customers through third-party broker-dealers, independent financial planners, financial professionals, third-party financial advisors, brokers, benefits consultants, sales force, wire houses, banks, general agencies, producer groups, life planners, and life consultants. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

Constellation Brands, Inc. (STZ) gained $2.3 to close the day at a new closing price of $158.51, a 1.47% increase in value from its previous closing price that moved the stock 16.67% above its 52 week low of $137.25. A total of 2.29M shares exchanged hands during the day compared with its three month average trading volume of 1.99M. The stock, which fluctuated between $156.16 and $158.69 during the day, currently situated -8.19% below its 52 week high. The stock is up by 5.62% in the past one month and up by 4.27% over the past three months. With a one year target estimate of $176.44 and RSI of 64.51, the stock still has upside potential, making it a hold for now.

Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. Its principal brands comprise Arbor Mist, Black Box, Blackstone, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Mount Veeder, Nobilo, Ravenswood, Rex Goliath, Robert Mondavi, Ruffino, Simi, Toasted Head, Wild Horse, Black Velvet Canadian Whisky, and SVEDKA Vodka. The company offers its products to wholesale distributors, retailers, on-premise locations, and government alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.

Continental Resources, Inc. (CLR) shares were down in last trading by -0.67% to $46.01. It experienced lighter than average volume on day. The stock increased in value by almost 0.5% over the past week and fell -10.56% in the past month. It is currently trading -9.72% below its 50 day moving average and -3.32% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -23.7% decrease in value from its one year high of $60.3. The RSI indicator value of 36.06, lead us to believe that it is a hold for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

 

3 Stocks in Focus: International Business Machines Corporation (IBM), SunTrust Banks, Inc. (STI), First Data Corporation (FDC)

International Business Machines Corporation (IBM) fell -0.14% during last trading as the stock lost $-0.25 to finish the day at $181.43 with about 3.25M shares changing hands, compared to its three month average trading volume of 3.58M. The $171.09B market cap company, which fluctuated between $180.87 and $182.79 during the day, currently situated 54.87% above its 52 week low of $129.68 and -0.27% away from its one year high of $182.79. The RSI of 74.86 indicates the stock is overbought at the current levels, sell for now.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure services, such as IT outsourcing, integrated technology, cloud, and technology support services. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and analytics; application management, maintenance, and support services; and processing platforms and business process outsourcing services. The company’s Software segment provides middleware and operating systems software, including WebSphere software to integrate and manage business processes; information management software that enables clients to integrate, manage, and analyze data from various sources; Tivoli software that manages business infrastructure in real time; Workforce Solutions, which enables businesses to connect people and processes; and Rational software that supports software development. This segment also provides Watson software to interact in natural language, process big data, and learn from interactions with people and computers; Watson Health that offers data analytics and insights of individual health; and Watson Internet of Things that allows direct sensing and communication of data. Its Systems Hardware segment offers infrastructure technologies, such as servers for businesses, organizations, and technical computing applications; and data storage products and solutions. The company’s Global Financing segment provides lease and loan financing; commercial financing to suppliers, distributors, and remarketers; and remanufacturing and remarketing services. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. The company was founded in 1910 and is headquartered in Armonk, New York.

SunTrust Banks, Inc. (STI) dropped $-0.19 to close the day at a new closing price of $59.85, a -0.32% decrease in value from its previous closing price that moved the stock 87.5% above its 52 week low of $32.14. A total of 3.24M shares exchanged hands during the day compared with its three month average trading volume of 3.7M. The stock, which fluctuated between $59.34 and $60.1 during the day, currently situated -0.76% below its 52 week high. The stock is up by 10.1% in the past one month and up by 14.83% over the past three months. With a one year target estimate of $59.9 and RSI of 67.09, the stock still has upside potential, making it a hold for now.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the United States. It operates through three segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. The Consumer Banking and Private Wealth Management segment offers deposits, home equity lines and loans, credit lines, indirect auto loans, student loans, bank cards, and other lending products, as well as various services. This segment also provides wealth management products and professional services, including brokerage, professional investment management, and trust services; and family office solutions. The Wholesale Banking segment offers corporate and investment banking solutions, such as advisory, capital raising, and financial risk management, as well as lease financing solutions; cash management services, auto dealer financing, and corporate insurance premium financing solutions; and construction, mini-perm, and permanent real estate financing, as well as tailored financing and equity investment solutions. This segment also provides treasury and payment solutions, including operating various electronic and paper payment types, such as card, wire transfer, automated clearing house, check, and cash; and offers clients to manage their accounts online. The Mortgage Banking segment provides residential mortgage products in the secondary market. The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2015, it operated 1,401 full-service banking offices located in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia. The company was founded in 1891 and is headquartered in Atlanta, Georgia.

First Data Corporation (FDC) had a light trading with around 3.22M shares changing hands compared to its three month average trading volume of 3.89M. The stock traded between $16.08 and $16.3 before closing at the price of $16.18 with -0.12% change on the day. The Atlanta Georgia 30342 based company is currently trading 68.28% above its 52 week low of $9.9 and -2.71% below its 52 week high of $16.63. Both the RSI indicator and target price of 63.29 and $17.25 respectively, lead us to believe that it should be put on hold over the coming weeks.

First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. It operates through three segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. The Global Business Solutions segment offers retail point-of-sale merchant acquiring and e-commerce services; and next-generation offerings, such as mobile payment services and webstore-in-a-box solutions, as well as its cloud-based Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications. The Global Financial Solutions segment provides credit solutions for bank and non-bank issuers, including credit and retail private-label card processing solutions; and licensed financial software systems, such as VisionPLUS bank processing application and lending solutions. This segment also offers a suite of related services, including card personalization and embossing, statement printing, client service, and remittance processing services to financial institutions. The Network & Security Solutions segment provides various value-added solutions, which include electronic funds transfer network solutions, such as debit card processing solutions; stored value network solutions; and security and fraud management solutions. This segment also supports its online and mobile banking digital strategies, and its business supporting mobile wallets. First Data Corporation was founded in 1989 and is headquartered in Atlanta, Georgia.

 

Momentum Stocks: Whiting Petroleum Corporation (WLL), Oclaro, Inc. (OCLR), Delcath Systems, Inc. (DCTH)

Whiting Petroleum Corporation (WLL) retreated with the stock falling -1.4% or $-0.16 to close at $11.28 on active trading volume of 9.18M compared its three months average trading volume of 16.95M. The Denver Colorado 80290 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 110.06% up for the period and down by -6.16% so far this year. With price target of $14.21 and a 236.72% rebound from 52-week low, Whiting Petroleum Corporation has plenty of upside potential, making it a hold with a view buy.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

Oclaro, Inc. (OCLR) had a active trading with around 9.02M shares changing hands compared to its three month average trading volume of 6.41M. The stock traded between $10.47 and $10.91 before closing at the price of $10.8 with -0.64% change on the day. The San Jose California 95131 based company is currently trading 179.79% above its 52 week low of $3.86 and -1.46% below its 52 week high of $10.96. Both the RSI indicator and target price of  and $14.28 respectively, lead us to believe that it could rise over the coming weeks.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

Delcath Systems, Inc. (DCTH) saw its value decrease by -21.2% as the stock dropped $-0.04 to finish the day at a closing price of $0.17. The stock was higher in trading and has fluctuated between $0.13-$6.848 per share for the past year. The shares, which traded within a range of $0.131 to $0.205 during the day, are down by -91.71% in the past three months and down by -95.83% over the past six months. It is currently trading -47.96% below its 20 day moving average and -80.07% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $16 a share over the next twelve months. The current relative strength index (RSI) reading is 19.27.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

Delcath Systems, Inc. operates as a specialty pharmaceutical and medical device company focusing on cancers of the liver. The company is developing its proprietary product-Melphalan Hydrochloride for injection for use with the Delcath Hepatic Delivery System; and markets melphalan hydrochloride as a device under the trade name Delcath Hepatic CHEMOSAT Delivery System for Melphalan in Europe. Its primary focus is on the execution of its clinical development program in ocular melanoma liver metastases, intrahepatic cholangiocarcinoma, hepatocellular carcinoma, and certain other cancers that are metastatic to the liver. Delcath Systems, Inc. was founded in 1988 and is headquartered in New York, New York.

 

Three Movers to Watch for: Cousins Properties Incorporated (CUZ), Nuance Communications, Inc. (NUAN), Opko Health, Inc. (OPK)

Cousins Properties Incorporated (CUZ) grew with the stock adding 0.12% or $0.01 to close at $8.6 on active trading volume of 3.28M compared its three months average trading volume of 3.02M. The Atlanta Georgia 30303 based company operating under the REIT – Diversified industry has been trending up for the last 52 weeks, with the shares price now 45.22% up for the period and up by 1.79% so far this year. With price target of $8.5 and a 54.4% rebound from 52-week low, Cousins Properties Incorporated has plenty of upside potential, making it a hold with a view buy.

Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land. The Office/Multi-Family division develops and manages office projects primarily in Austin, Dallas, Charlotte, Birmingham, and Atlanta; develops and sells multi-family projects in urban locations in the southeastern United States; and manages and leases office properties owned by third parties. It also develops mixed use projects that contain multiple product types in communities where individuals live, work, and seek entertainment. As of December 31, 2006, this division owned interests in 20 operating office properties; and had 5 office or multi-family projects under development or redevelopment. The Retail division develops and manages retail shopping centers principally in Georgia, Tennessee, North Carolina, Texas, and Florida. As of the above date, this division owned 10 operating retail properties; and had 3 projects and 1 expansion under development. The Industrial division develops institutional warehouse and distribution properties in the metropolitan Atlanta area and the Dallas market. As of December 31, 2006, this division owned one operating industrial property and three projects under development. The Land division engages in the acquisition and entitlement of land, the development and sale of residential lots, and the acquisition and sale of certain undeveloped tracts of land to third parties. As of the above date, this division had 24 residential communities under development. The company qualifies as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Cousins Properties was founded in 1958 and is based in Atlanta, Georgia.

Nuance Communications, Inc. (NUAN) gained $0.2 to close the day at a new closing price of $17.11, a 1.18% increase in value from its previous closing price that moved the stock 27.31% above its 52 week low of $13.44. A total of 3.28M shares exchanged hands during the day compared with its three month average trading volume of 3.5M. The stock, which fluctuated between $16.85 and $17.25 during the day, currently situated -16.78% below its 52 week high. The stock is up by 9.89% in the past one month and up by 18.98% over the past three months. With a one year target estimate of $20.89 and RSI of 73.81, the stock still has upside potential, making it a sell for now.

Nuance Communications, Inc. provides voice recognition and natural language understanding solutions worldwide. It operates through four segments: Healthcare, Mobile, Enterprise, and Imaging. The Healthcare segment offers transcription solutions, which enables physicians to streamline clinical documentation with medical transcription platform; Dragon Medical, a dictation software that empowers physicians to accurately capture and document patient care in real-time on various devices; clinical document improvement and coding solutions to ensure patient health information is accurately documented, coded, and evaluated; and diagnostic solutions that allows radiologists to document, collaborate, and share medical images and reports. It also provides Dragon professional and personal productivity solutions to business users and consumers. The Mobile segment provides a portfolio of virtual assistants and connected services built on voice recognition, text-to-speech, natural language understanding, dialog, and text input technologies to automotive manufacturers, device makers, and mobile operators. The Enterprise segment offers OnPremise solutions and services, an automated customer service solution comprising speech recognition, voice biometrics, transcription, text-to-speech, and dialog and analytics products; and OnDemand multichannel cloud, a platform that offers enterprises the ability to implement automatic customer service. The Imaging segment provides MFP Scan automation solutions to offer scanning and document management solutions; MFP Print automation solutions to deliver printing and document management solutions; and PDF and OCR software, a technology that enables the capture, creation, and management of document workflows. The company was formerly known as ScanSoft, Inc. and changed its name to Nuance Communications, Inc. in October 2005. Nuance Communications, Inc. was founded in 1992 and is headquartered in Burlington, Massachusetts.

Opko Health, Inc. (OPK) shares were up in last trading by 2.49% to $8.66. It experienced lighter than average volume on day. The stock increased in value by almost 5.35% over the past week and fell -3.02% in the past month. It is currently trading -11.4% below its 50 day moving average and -12.23% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -28.72% decrease in value from its one year high of $12.15. The RSI indicator value of 42.86, lead us to believe that it is a hold for now.

OPKO Health, Inc., a biopharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies in the United States, Ireland, Chile, Spain, Israel, and Mexico. Its diagnostics business operates Bio-Reference Laboratories, a clinical laboratory that offers comprehensive laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases, including esoteric testing, molecular diagnostics, anatomical pathology, genetics, women’s health, and correctional healthcare to physician offices, clinics, hospitals, employers, and governmental units. The Bio-Reference Laboratories also provides core genetic testing and leverages products, such as the 4Kscore prostate cancer test and the Claros 1 in-office immunoassay platform. The company’s pharmaceutical segment features Rayaldee, a treatment for secondary hyperparathyroidism in stage 3-4 chronic kidney disease patients with vitamin D deficiency and VARUBI for chemotherapy-induced nausea and vomiting. Its biologics business engages in developing and commercializing hGH-CTP, a recombinant human growth hormone product under development for the treatment of growth hormone deficiency, and developing Factor VIIa drug for hemophilia using the carboxl terminal peptide technology. The company was incorporated in 1991 and is headquartered in Miami, Florida.

 

Trader’s Buzzers: Louisiana-Pacific Corporation (LPX), Superior Energy Services, Inc. (SPN), Cadence Design Systems, Inc. (CDNS)

Louisiana-Pacific Corporation (LPX) traded within a range of $23.54 to $24.3 after opening the day at $23.56. The company has seen its stock increase in value by 28.37% so far this year. The stock was up close to 2.97% on active volume in last trading session and closed at $24.3 per share. After the recent gain, the stock is currently holding 2.4% above its 52 week high of $24.3 and 71.01% above its 12-month low of $14.65. The shares are up by over 32.71% in the last three months, and the RSI indicator value of 81.37 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and sells building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction. It operates in four segments: North America Oriented Strand Board; Siding; Engineered Wood Products; and South America. The company offers structural panel products comprising plywood, including roof decking, sidewall sheathing, and floor underlayment; SmartSide siding products and related accessories, such as wood-based sidings, trim, soffit, and fascia; and CanExel siding and accessory products, including pre-finished lap and trim products. It also provides laminated veneer lumber, I-joists, laminated strand lumber, and other related products for residential and commercial flooring, roofing systems, headers and beams, and other structural applications; and timber and timberlands, and other products and services. The company sells its products to retail home centers, manufactured housing producers, distributors, and wholesalers primarily in North America and South America, as well as in Asia, Australia, and Europe. Louisiana-Pacific Corporation was founded in 1972 and is headquartered in Nashville, Tennessee.

Superior Energy Services, Inc. (SPN) failed to extend gains with the stock declining -2.89% or $-0.53 to close the day at $17.79 on light trading volume of 2.42M shares, compared to its three month average trading volume of 2.92M. The Houston Texas 77002 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 84.74%, compared to the industry which has advanced 30.27% over the same period. With RSI of 49.76, the stock should still continue to rise and get closer to its one year target estimate of $20.3, making it a hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Cadence Design Systems, Inc. (CDNS) gained $0.18 to close the day at a new closing price of $30.1, a 0.6% increase in value from its previous closing price that moved the stock 48.13% above its 52 week low of $20.41. A total of 2.38M shares exchanged hands during the day compared with its three month average trading volume of 1.86M. The stock, which fluctuated between $29.56 and $30.18 during the day, currently situated 0.53% above its 52 week high. The stock is up by 16.67% in the past one month and up by 17.99% over the past three months. With a one year target estimate of $29.67 and RSI of 81.37, the stock still has upside potential, making it a sell for now.

Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (IP) for semiconductor and electronics systems industries worldwide. It offers functional verification products, including logic verification software that enables customers to coordinate verification activities across multiple teams and various specialists for verification planning and closure; and system design and verification products for hardware-software verification, as well as for system power exploration, analysis, and optimization. The company also provides digital integrated circuit (IC) design products, such as logic design products for chip planning, design, verification, and test technologies and services; physical implementation tools, including place and route, signal integrity, optimization, and double patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry, as well as design for manufacturing products for use in the product development process. In addition, it offers custom IC design and verification products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and RF designs; and system interconnect design products to develop printed circuit boards and IC packages. Further, the company provides design IP products consisting of pre-verified and customizable functional blocks to integrate into customer’s system-on-chips; and VIP and memory models for use in system-level verification to model correct behavior of full systems interacting with their environments. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

 

Stocks in the Spotlight: Toll Brothers, Inc. (TOL), Tractor Supply Company (TSCO), Umpqua Holdings Corporation (UMPQ)

Toll Brothers, Inc. (TOL) had a light trading with around 1.85M shares changing hands compared to its three month average trading volume of 2.29M. The stock traded between $31.39 and $32.02 before closing at the price of $31.89 with 0.92% change on the day. The Horsham Pennsylvania 19044 based company is currently trading 29.69% above its 52 week low of $24.32 and -4.75% below its 52 week high of $33.48. Both the RSI indicator and target price of 55.65 and $36.31 respectively, lead us to believe that it should be put on hold over the coming weeks.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. The company operates through two segments, Traditional Home Building and City Living. It also builds and sells homes in urban infill markets under the Toll Brothers City Living name. In addition, the company develops, owns, and operates golf courses and country clubs that are associated with various master planned communities; develops and sells land to other builders; and develops, operates, and rents apartments. The company serves move-up, empty-nester, active-adult, age-qualified, and second-home buyers in 19 states in the United States. Toll Brothers, Inc. was founded in 1967 and is headquartered in Horsham, Pennsylvania.

Tractor Supply Company (TSCO) failed to extend gains with the stock declining -0.91% or $-0.67 to close the day at $72.73 on active trading volume of 1.85M shares, compared to its three month average trading volume of 1.49M. The Brentwood Tennessee 37027 based company has been underperforming the specialty retail, other group over the past 52 weeks, with the stock losing -14.47%, compared to the industry which has advanced 41.74% over the same period. With RSI of 39.73, the stock should still continue to rise and get closer to its one year target estimate of $83.33, making it a hold for now.

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. As of December 31, 2016, it operated 1,595 retail stores in 49 states. The company operates its retail stores under the Tractor Supply Company, Del’s Feed & Farm Supply, and HomeTown Pet names. It also operates an e-commerce Website, TractorSupply.com. The company sells its products to recreational farmers, ranchers, and others, as well as tradesmen and small businesses. Tractor Supply Company was founded in 1938 and is based in Brentwood, Tennessee.

Umpqua Holdings Corporation (UMPQ) shares were down in last trading by -0.89% to $19.01. It experienced higher than average volume on day. The stock increased in value by almost 4.68% over the past week and grew 5.73% in the past month. It is currently trading 2.18% above its 50 day moving average and 17.25% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.3% decrease in value from its one year high of $19.3. The RSI indicator value of 58.42, lead us to believe that it is a hold for now.

Umpqua Holdings Corporation, through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses. It operates through Community Banking and Home Lending segments. The Community Banking segment provides loan and deposit products to business and retail customers. The Home Lending segment originates, sells, and services residential mortgage loans. It also offers various deposit products, such as non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit; financial planning, trust, and investments services to high net worth individuals; and retail brokerage and investment advisory services. The company’s loan products include loans for business and commercial customers, including accounts receivable and inventory financing, multi-family loans, equipment loans, commercial equipment leases, international trade, real estate construction loans, permanent financing, small business administration program financing, and capital markets and treasury management services; loan products for small businesses; commercial and industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans, such as secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. In addition, it provides technology-based services, including remote deposit capture, online banking, bill pay and treasury, mobile banking, voice response banking, automatic payroll deposit programs, ATMs, product kiosks, and Website. As of December 31, 2015, the company operated commercial banking centers in 382 locations. Umpqua Holdings Corporation was founded in 1953 and is headquartered in Portland, Oregon.

 

3 Trending Stocks: Arrowhead Pharmaceuticals, Inc. (ARWR), Penn National Gaming, Inc. (PENN), Impax Laboratories, Inc. (IPXL)

Arrowhead Pharmaceuticals, Inc. (ARWR) continued its upward trend with the stock climbing 5.47% or $0.11 to close the day at $2.12 on light trading volume of 1.7M shares, compared to its three month average trading volume of 1.96M. The Pasadena California 91101 based company has been underperforming the biotechnology group over the past 52 weeks, with the stock losing -46.19%, compared to the industry which has advanced 0.95% over the same period. With RSI of 63.15, the stock should still continue to rise and get closer to its one year target estimate of $1.8, making it a hold for now.

Arrowhead Pharmaceuticals, Inc. develops novel drugs to treat intractable diseases in the United States. Its pre-clinical stage drug candidates include ARO-HBV to treat chronic hepatitis B virus infection; ARO-AAT to treat liver disease associated with alpha-1 antitrypsin deficiency; ARO-LPA to reduce production of apolipoprotein A; ARO-AMG1, which is developed against an undisclosed genetically validated cardiovascular target; and ARO-F12, a potential treatment for factor 12 mediated diseases, such as hereditary angioedema and thromboembolic disorders. The company also develops ARO-HIF2, a drug candidate for the treatment of clear cell renal cell carcinoma. Arrowhead Pharmaceuticals, Inc. has collaboration and license agreements with Amgen, Inc. The company was formerly known as Arrowhead Research Corporation and changed its name to Arrowhead Pharmaceuticals, Inc. in April 2016. Arrowhead Pharmaceuticals, Inc. was incorporated in 1989 and is headquartered in Pasadena, California.

Penn National Gaming, Inc. (PENN) climbed 4.5% during last trading as the stock added $0.62 to finish the day at $14.41 with about 1.7M shares changing hands, compared to its three month average trading volume of 1.07M. The $1.23B market cap company, which fluctuated between $13.79 and $14.56 during the day, currently situated 20.79% above its 52 week low of $11.93 and -17.18% away from its one year high of $17.4. The RSI of 57.93 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through East/Midwest, West, and Southern Plains segments. As of December 31, 2015, it operated 27 facilities in 17 jurisdictions, including Florida, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

Impax Laboratories, Inc. (IPXL) saw its value increase by 4.96% as the stock gained $0.7 to finish the day at a closing price of $14.8. The stock was higher in trading and has fluctuated between $11.65-$37.2 per share for the past year. The shares, which traded within a range of $14 to $14.9 during the day, are up by 2.07% in the past three months and down by -35.29% over the past six months. It is currently trading 14.02% above its 20 day moving average and 12.66% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $18.47 a share over the next twelve months. The current relative strength index (RSI) reading is 69.11. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Impax Laboratories, Inc., a specialty pharmaceutical company, develops, manufactures, and markets bioequivalent pharmaceutical products. It operates in two segments, Impax Generics and Impax Specialty Pharma. The Impax Generics segment provides generic pharmaceutical products directly to wholesalers, large retail drug chains, and others; generic prescription products through third-party pharmaceutical entities pursuant to alliance and collaboration agreements; generic pharmaceutical over-the-counter (OTC) and prescription products to third parties; and generic pharmaceutical OTC products through third-party pharmaceutical companies pursuant to alliance, collaboration, and supply agreements. The Impax Specialty Pharma segment focuses on the development and promotion through its specialty sales force of proprietary brand pharmaceutical products for the treatment of central nervous system disorders, including migraine, multiple sclerosis, Parkinson’s disease, and postherpetic neuralgia. The company markets and sells its products to drug wholesalers, warehousing chain drug stores, mass merchandisers, and mail-order pharmacies in the continental United States and the Commonwealth of Puerto Rico. Impax Laboratories, Inc. has a strategic alliance agreement with Teva Pharmaceuticals Curacao N.V to develop, manufacture, and distribute controlled release generic pharmaceutical products. The company was founded in 1993 and is headquartered in Hayward, California.