Kathryn Reed

Three Movers to Watch for: J. C. Penney Company, Inc. (JCP), Reynolds American Inc. (RAI), Wells Fargo & Company (WFC)

  1. C. Penney Company, Inc. (JCP) retreated with the stock falling -1.76% or $-0.12 to close at $6.69 on active trading volume of 22.24M compared its three months average trading volume of 19.48M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending up for the last 52 weeks, with the shares price now 6.02% up for the period and down by -19.49% so far this year. With price target of $10.31 and a 11.5% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Reynolds American Inc. (RAI) gained $0.58 to close the day at a new closing price of $58.58, a 1% increase in value from its previous closing price that moved the stock 36.17% above its 52 week low of $43.38. A total of 21.02M shares exchanged hands during the day compared with its three month average trading volume of 9.06M. The stock, which fluctuated between $58.29 and $58.63 during the day, currently situated 0.74% above its 52 week high. The stock is up by 5.47% in the past one month and up by 24.96% over the past three months. With a one year target estimate of $54.91 and RSI of 80.24, the stock still has upside potential, making it a sell for now.

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.

Wells Fargo & Company (WFC) shares were up in last trading by 0.57% to $54.58. It experienced lighter than average volume on day. The stock decreased in value by almost -0.4% over the past week and fell -1.37% in the past month. It is currently trading 1.63% above its 50 day moving average and 11.86% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -5.93% decrease in value from its one year high of $58.02. The RSI indicator value of 49.1, lead us to believe that it is a hold for now.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of February 25, 2015, it operated through approximately 8,700 locations and 12,500 ATMs & offices in 36 countries. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Investor’s Alert: Regions Financial Corporation (RF), Twitter, Inc. (TWTR), Target Corporation (TGT)

Regions Financial Corporation (RF) failed to extend gains with the stock declining -0.36% or $-0.05 to close the day at $13.98 on lower than average trading volume of 12.78M shares, compared to its three month average trading volume of 22.54M. The Birmingham Alabama 35203 based company has been outperforming the regional – southeast banks companies by 36.7646% for last three months and its recent gains have offset losses to -2.65% YTD, versus the regional – southeast banks industry which is down -3.44% for the same period. The RSI of 45.66 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. Its Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services. This segment serves corporate, middle market, small business, and commercial real estate developers and investors. The company’s Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards, and other consumer loans, as well as the corresponding deposit relationships. Its Wealth Management segment offers wealth management products and services, including credit related products, trust and investment management, asset management, retirement and savings solutions, estate planning, and personal and commercial insurance products to individuals, businesses, governmental institutions, and non-profit entities. The company also provides insurance coverage for various lines of personal and commercial insurance, such as property, vehicle, casualty, life, health, and accident insurance, as well as commercial crop, life, and environmental insurance; and commercial equipment financing products, as well as offers securities, insurance, and advisory services through financial consultants. In addition, it offers securities brokerage, merger and acquisition advisory, trust, and other specialty financing services. As of December 31, 2015, the company operated 1,627 banking offices and 1,962 ATMs in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.

Twitter, Inc. (TWTR) had a light trading with around 12.7M shares changing hands compared to its three month average trading volume of 19.65M. The stock traded between $16.75 and $17.15 before closing at the price of $16.79 with -1.87% change on the day. The San Francisco California 94103 based company is currently trading 22.29% above its 52 week low of $13.73 and -33.5% below its 52 week high of $25.25. Both the RSI indicator and target price of 39.99 and $16.64 respectively, lead us to believe that it should be put on hold over the coming weeks.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.

Target Corporation (TGT) traded within a range of $65.06 to $66.88 after opening the day at $66.33. The company has seen its stock decrease in value by -9.47% so far this year. The stock was down close to -2.18% on active volume in last trading session and closed at $65.39 per share. After the recent fall, the stock is currently holding -20.4% below its 52 week high of $84.14 and 1.62% above its 12-month low of $65.06. The shares are down by over -2.1% in the last three months, and the RSI indicator value of 20.48 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

 

Stock’s Trend Analysis Report: GNC Holdings, Inc. (GNC), QUALCOMM Incorporated (QCOM), Twenty-First Century Fox, Inc. (FOXA)

GNC Holdings, Inc. (GNC) fell -16.95% during last trading as the stock lost $-1.89 to finish the day at $9.26 with about 9.57M shares changing hands, compared to its three month average trading volume of 2.77M. The $631.44M market cap company, which fluctuated between $9.2 and $10.73 during the day, currently situated -10.01% below its 52 week low of $9.2 and -73.36% away from its one year high of $35.9. The RSI of 24.04 indicates the stock is oversold at the current levels, buy for now.

GNC Holdings, Inc., together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products. The company operates through three segments: Retail, Franchise, and Manufacturing/Wholesale. Its products include vitamins, minerals, and herbal supplement products; and sports nutrition products, diet products, and other wellness products. The company sells its products under the GNC proprietary brands, including Mega Men, Ultra Mega, Total Lean, Pro Performance, Pro Performance AMP, Beyond Raw, GNC Puredge, GNC GenetixHD, and Herbal Plus, as well as under third-party brands. It operates a network of approximately 9,000 locations under the GNC brand worldwide. The company sells its products through company-owned retail stores; Websites, including GNC.com and LuckyVitamin.com, as well as Drugstore.com; domestic and international franchise activities; third-party contract manufacturing; and e-commerce and corporate partnerships. GNC Holdings, Inc. was founded in 1935 and is headquartered in Pittsburgh, Pennsylvania.

QUALCOMM Incorporated (QCOM) dropped $-0.69 to close the day at a new closing price of $64.44, a -1.06% decrease in value from its previous closing price that moved the stock 58.01% above its 52 week low of $42.24. A total of 9.42M shares exchanged hands during the day compared with its three month average trading volume of 9.25M. The stock, currently situated -9.32% below its 52 week high. The stock is down by -3.04% in the past one month and down by -1.75% over the past three months. With a one year target estimate of $73.79 and RSI of 41.15, the stock still has upside potential, making it a hold for now.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

Twenty-First Century Fox, Inc. (FOXA) had a active trading with around 9.17M shares changing hands compared to its three month average trading volume of 10.91M. The stock traded at the price of $29.8 with -1.55% change on the day. The New York New York 10036 based company is currently trading 33.24% above its 52 week low of $22.66 and -3.91% below its 52 week high of $31.25. Both the RSI indicator and target price of 60.37 and $31.96 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

Stocks Under Consideration: WPX Energy, Inc. (WPX), MGIC Investment Corporation (MTG), Annaly Capital Management, Inc. (NLY)

WPX Energy, Inc. (WPX) retreated with the stock falling -1.83% or $-0.26 to close at $13.91 on light trading volume of 7.58M compared its three months average trading volume of 8.26M. The Tulsa Oklahoma 74172 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 290.73% up for the period and down by -4.53% so far this year. With price target of $17.32 and a 449.8% rebound from 52-week low, WPX Energy, Inc. has plenty of upside potential, making it a hold with a view buy.

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

MGIC Investment Corporation (MTG) had a active trading with around 7.57M shares changing hands compared to its three month average trading volume of 5.23M. The stock traded between $10.34 and $10.68 before closing at the price of $10.44 with 1.66% change on the day. The Milwaukee Wisconsin 53202 based company is currently trading 94.78% above its 52 week low of $5.36 and -3.24% below its 52 week high of $10.79. Both the RSI indicator and target price of  and $11.4 respectively, lead us to believe that it could rise over the coming weeks.

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services. In addition, the company participates in external reinsurance arrangements and captive mortgage reinsurance arrangements. It serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Annaly Capital Management, Inc. (NLY) saw its value decrease by -1.46% as the stock dropped $-0.15 to finish the day at a closing price of $10.12. The stock was higher in trading and has fluctuated between $8.63-$11.29 per share for the past year. The shares, which traded within a range of $10.08 to $10.27 during the day, are up by 3.23% in the past three months and down by -1.06% over the past six months. It is currently trading 0.21% above its 20 day moving average and 1.57% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $10.5 a share over the next twelve months. The current relative strength index (RSI) reading is 52.57.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.

 

Stocks Highlights: Ascena Retail Group, Inc. (ASNA), Coty Inc. (COTY), Newmont Mining Corporation (NEM)

Ascena Retail Group, Inc. (ASNA) had a active trading with around 6.35M shares changing hands compared to its three month average trading volume of 4.94M. The stock traded at the price of $4.85 with -4.9% change on the day. The Mahwah New Jersey 07430 based company is currently trading 3.63% above its 52 week low of $4.68 and -56.93% below its 52 week high of $11.26. Both the RSI indicator and target price of 25.88 and $7.3 respectively, lead us to believe that it could rise over the coming weeks.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Coty Inc. (COTY) continued its downward trend with the stock declining -1.74% or $-0.33 to close the day at $18.6 on light trading volume of 6.32M shares, compared to its three month average trading volume of 7.25M. The New York New York 10118 based company has been underperforming the personal products group over the past 52 weeks, with the stock losing -17.6%, compared to the industry which has advanced 8.01% over the same period. With RSI of 47.95, the stock should still continue to rise and get closer to its one year target estimate of $21.27, making it a hold for now.

Coty Inc., together with its subsidiaries, manufactures, markets, and distributes beauty products worldwide. The company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care, and Brazil Acquisition. It offers fragrances under the Calvin Klein, Marc Jacobs, Davidoff, Chloé, Balenciaga, Beyoncé, Bottega Veneta, Guess?, Katy Perry, Miu Miu, and Roberto Cavalli brand names. The company also provides lip, eye, nail, and facial color products under the Bourjois, Rimmel, Sally Hansen, and OPI brands. In addition, it offers shower gels, deodorants, skin care, and sun treatment products under the adidas, Lancaster, philosophy, and Playboy brand names; and hair straighteners, hair dryers, curlers, and hair brushes; and spray, serum, cream, and foam product lines to curl, fix, protect, shine, straighten, and volumize hair. The company also markets its products under the Astor, Coty, Joop!, Jovan, Manhattan, and N.Y.C. New York Color brands. It sells its products through retailers, including hypermarkets, supermarkets, independent and chain drug stores and pharmacies, upscale perfumeries, upscale and mid-tier department stores, nail salons, specialty retailers, duty-free shops and traditional food, and drug and mass retailers. Coty Inc. was founded in 1904 and is headquartered in New York, New York.

Newmont Mining Corporation (NEM) shares were down in last trading by -0.94% to $34.93. It experienced lighter than average volume on day. The stock increased in value by almost 1.63% over the past week and grew 10.33% in the past month. It is currently trading 3.95% above its 50 day moving average and -3.56% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -24.02% decrease in value from its one year high of $46.07. The RSI indicator value of 55.96, lead us to believe that it is a hold for now.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

 

3 Stocks to Watch For: Time Warner Inc. (TWX), PTC Inc. (PTC), MGM Resorts International (MGM)

Time Warner Inc. (TWX) saw its value increase by 0.61% as the stock gained $0.58 to finish the day at a closing price of $95.69. The stock was lighter in trading and has fluctuated between $55.53-$97.21 per share for the past year. The shares, which traded within a range of $94.86 to $95.77 during the day, are up by 20.87% in the past three months and up by 24.06% over the past six months. It is currently trading 0.32% above its 20 day moving average and 2.88% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $103.45 a share over the next twelve months. The current relative strength index (RSI) reading is 59.97.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates approximately 180 channels in 200 countries. The Turner segment’s networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN, and HLN; and digital media properties comprise bleacherreport.com, NBA.com, NBA Mobile, NCAA.com, PGA.com, tntdrama.com, TBS.com, adultswim.com, and cartoonnetwork.com. It also licenses original programming to subscription-video-on-demand (SVOD) services and other over-the-top services, and its brands and characters for consumer products other business ventures. This segment serves cable system operators, satellite service distributors, telephone companies, and other distributors. The Home Box Office segment provides premium pay and basic tier television services comprising HBO and Cinemax; sells its original programming through physical and digital formats; and licenses home entertainment and content to international television networks and SVOD services. As of December 31, 2015, this segment had 49 million domestic subscribers. The Warner Bros. segment produces, distributes, and licenses television programming and feature films; distributes digital and physical home entertainment products; and produces and distributes videogames, as well as licenses consumer products and brands. The company was formerly known as AOL Time Warner, Inc. and changed its name to Time Warner Inc. in 2003. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.

PTC Inc. (PTC) shares were up in last trading by 5.97% to $50.21. It experienced higher than average volume on day. The stock increased in value by almost 2.28% over the past week and grew 6.76% in the past month. It is currently trading 5.45% above its 50 day moving average and 20.17% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.56% increase in value from its one year high of $51.89. The RSI indicator value of 62.06, lead us to believe that it is a hold for now.

PTC Inc. develops and delivers software products and solutions worldwide. It operates in two segments, Software Products and Services. The company computer-aided design products, including PTC Creo, an interoperable suite of product design software for design engineers; and PTC Mathcad software for solving, analyzing, and sharing vital engineering calculations. It also offers product lifecycle management products comprising PTC Windchill that provides lifecycle intelligence; and PTC Creo View, which enables enterprise-wide visualization, verification, annotation, and automated comparison of various product development data formats. In addition, the company provides application lifecycle management products, such as PTC Integrity that enables users to manage system models, software configurations, test plans, and defects, as well as model-based systems engineering solutions that connect requirements engineering, architecture modeling, physical product definition, and system verification functions. Further, it offers service lifecycle management products that include PTC Servigistics, a suite of software products that enable a systematic approach to service lifecycle management; and PTC Arbortext, an enterprise software suite that allows manufacturers to create, illustrate, manage, and publish technical and service parts information. Additionally, the company provides Internet of Things products, such as ThingWorx, KEPServerEX, Vuforia Studio, and Vuforia, which enable customers to design, connect, operate and service smart and connected products. In addition, it provides consulting, implementation, training, cloud, and license and support services. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was founded in 1985 and is headquartered in Needham, Massachusetts.

MGM Resorts International (MGM) traded within a range of $28.56 to $28.85 after opening the day at $28.71. The company has seen its stock decrease in value by -0.49% so far this year. The stock was up close to 0.28% on light volume in last trading session and closed at $28.69 per share. After the recent gain, the stock is currently holding -6.3% below its 52 week high of $30.62 and 77.32% above its 12-month low of $16.18. The shares are up by over 10.94% in the last three months, and the RSI indicator value of 47.31 is neither bullish nor bearish, tempting investors to stay on the sidelines.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

 

Stocks Buzz: Energy Transfer Equity, L.P. (ETE), Texas Instruments Incorporated (TXN), Eli Lilly and Company (LLY)

Energy Transfer Equity, L.P. (ETE) continued its downward trend with the stock declining -1.61% or $-0.29 to close the day at $17.71 on light trading volume of 4.47M shares, compared to its three month average trading volume of 6.74M. The Dallas Texas 75225 based company has been outperforming the oil & gas pipelines group over the past 52 weeks, with the stock gaining 178.96%, compared to the industry which has advanced 77.89% over the same period. With RSI of 39.9, the stock should still continue to rise and get closer to its one year target estimate of $19.67, making it a hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Texas Instruments Incorporated (TXN) retreated with the stock falling -0.67% or $-0.5 to close at $73.88 on light trading volume of 4.46M compared its three months average trading volume of 5.25M. The Dallas Texas 75243 based company operating under the Semiconductor – Broad Line industry has been trending up for the last 52 weeks, with the shares price now 54.8% up for the period and up by 1.25% so far this year. With price target of $75.86 and a 60.05% rebound from 52-week low, Texas Instruments Incorporated has plenty of upside potential, making it a hold with a view buy.

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

Eli Lilly and Company (LLY) failed to extend gains with the stock declining -0.89% or $-0.69 to close the day at $76.84 on lower than average trading volume of 4.44M shares, compared to its three month average trading volume of 6.23M. The Indianapolis Indiana 46285 based company has been underperforming the drug manufacturers – major companies by -1.7882% for last three months and its recent losses have trimmed gains to 4.47% YTD, versus the drug manufacturers – major industry which is down -0.8% for the same period. The RSI of 57.83 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Eli Lilly and Company discovers, develops, manufactures, and markets pharmaceutical products worldwide. It operates through two segments, Human Pharmaceutical Products and Animal Health Products. The company offers endocrinology products to treat diabetes; osteoporosis in postmenopausal women and men; human growth hormone deficiency and pediatric growth conditions; and testosterone deficiency. It also provides neuroscience products for the treatment of depressive disorders, diabetic peripheral neuropathic pain, anxiety disorders, fibromyalgia, and chronic musculoskeletal pain; schizophrenia; attention-deficit hyperactivity disorders; depressive, obsessive-compulsive, bulimia nervosa, and panic disorders; and positron emission tomography imaging of beta-amyloid neurotic plaques in adult brains. In addition, the company offers products for the treatment of non-small cell lung, colorectal, head and neck, pancreatic, metastatic breast, ovarian, bladder, and metastatic gastric cancers, as well as malignant pleural mesothelioma; and cardiovascular products. Further, it provides animal health products, such as cattle feed additives; protein supplements for cows; leanness and performance enhancers for swine and cattle; antibiotics to treat respiratory and other diseases in cattle, swine, and poultry; anticoccidial agents for poultry; and chewable tablets that kill fleas and prevent flea infestations, heartworm diseases, roundworm diseases, hookworm diseases, and whipworm diseases. Additionally, the company offers products to treat chronic manifestations of atopic dermatitis and congestive heart failure in dogs; and chronic allergic dermatitis and kidney diseases in cats. It has a clinical collaboration agreement with Athenex, Inc.; and a research agreement with AstraZeneca for the development of clinical candidate MEDI1814 as a disease-modifying treatment for Alzheimer’s disease. Eli Lilly and Company was founded in 1876 and is headquartered in Indianapolis, Indiana.

 

Traders Watch list: Staples, Inc. (SPLS), Pepsico, Inc. (PEP), Occidental Petroleum Corporation (OXY)

Staples, Inc. (SPLS) saw its value decrease by -2.58% as the stock dropped $-0.24 to finish the day at a closing price of $9.05. The stock was lighter in trading and has fluctuated between $7.24-$11.37 per share for the past year. The shares are up by 22.14% in the past three months and up by 2.45% over the past six months. It is currently trading -2.36% below its 20 day moving average and -2.21% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $9.92 a share over the next twelve months. The current relative strength index (RSI) reading is 42.67.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

Pepsico, Inc. (PEP) shares were down in last trading by -0.37% to $102.36. It experienced lighter than average volume on day. The stock increased in value by almost 0.54% over the past week and fell -3.32% in the past month. It is currently trading -0.81% below its 50 day moving average and -1.52% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -6.39% decrease in value from its one year high of $110.94. The RSI indicator value of 44.12, lead us to believe that it is a hold for now.

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.

Occidental Petroleum Corporation (OXY) traded within a range of $68.38 to $69.75 after opening the day at $69.58. The company has seen its stock decrease in value by -3.51% so far this year. The stock was down close to -0.85% on light volume in last trading session and closed at $68.73 per share. After the recent fall, the stock is currently holding -10.81% below its 52 week high of $78.48 and 22.97% above its 12-month low of $58.76. The shares are down by over -4.26% in the last three months, and the RSI indicator value of 41.22 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer and polyvinyl chloride; and other chemicals, such as resorcinol. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity, as well as oil, NGLs, gas, and other commodities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

 

Stocks In Action: E*TRADE Financial Corporation (ETFC), Spirit Realty Capital, Inc. (SRC), PPG Industries, Inc. (PPG)

E*TRADE Financial Corporation (ETFC) opening the day at $36.45. The company has seen its stock increase in value by 4.59% so far this year. The stock was down close to -0.36% on active volume in last trading session and closed at $36.24 per share. After the recent fall, the stock is currently holding -3.08% below its 52 week high of $37.39 and 84.8% above its 12-month low of $19.61. The shares are up by over 27.52% in the last three months, and the RSI indicator value of 55.32 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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

Spirit Realty Capital, Inc. (SRC) continued its downward trend with the stock declining -2.34% or $-0.26 to close the day at $10.84 on light trading volume of 3.39M shares, compared to its three month average trading volume of 4.89M. The Dallas Texas 75201 based company has been outperforming the reit – diversified group over the past 52 weeks, with the stock gaining 26.55%, compared to the industry which has advanced 30.78% over the same period. With RSI of 51.41, the stock should still continue to rise and get closer to its one year target estimate of $12.79, making it a hold for now.

Spirit Realty Capital, Inc. is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. The firm was formerly known as Spirit Finance Corp. Spirit Realty Capital, Inc. was formed on August 14, 2003 and is domiciled in the United States.

PPG Industries, Inc. (PPG) gained $0.81 to close the day at a new closing price of $97.5, a 0.84% increase in value from its previous closing price that moved the stock 12.07% above its 52 week low of $88.37. A total of 3.38M shares exchanged hands during the day compared with its three month average trading volume of 1.74M. The stock, which fluctuated between $96 and $98.98 during the day, currently situated -15.68% below its 52 week high. The stock is up by 1.65% in the past one month and up by 5.5% over the past three months. With a one year target estimate of $110.2 and RSI of 56.76, the stock still has upside potential, making it a hold for now.

PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. It operates in three segments: Performance Coatings, Industrial Coatings, and Glass. The Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; coatings, sealants, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; and chemical management services. This segment also offers protective and marine coatings and finishes for the protection of metals and structures to metal fabricators and heavy duty maintenance contractors, as well as to the manufacturers of ships, bridges, and rail cars; architectural coatings used by painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and purchased sundries to painting contractors and consumers. The Industrial Coatings segment provides adhesives and sealants for the automotive industry; metal pretreatments and related chemicals for industrial and automotive applications; precipitated silicas for tire, battery separator, and other markets; substrates used in radio frequency identification tags and labels, e-passports, drivers’ licenses, and identification cards; organic light emitting diode materials for use in displays and lighting; optical lens materials and photochromic dyes for optical lenses and color-change products. The Glass segment produces flat and fiber glass for use in commercial and residential construction, wind energy, energy infrastructure, transportation, and electronics industries. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania.

 

Three Movers to Watch for: American Homes 4 Rent (AMH), McDonald’s Corporation (MCD), Cognizant Technology Solutions Corporation (CTSH)

American Homes 4 Rent (AMH) retreated with the stock falling 0% or $0 to close at $20.94 on active trading volume of 3.16M compared its three months average trading volume of 2.14M. The Agoura Hills California 91301 based company operating under the REIT – Residential industry has been trending up for the last 52 weeks, with the shares price now 43.11% up for the period and down by -0.19% so far this year. With price target of $23.94 and a 60.84% rebound from 52-week low, American Homes 4 Rent has plenty of upside potential, making it a hold with a view buy.

American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States. American Homes 4 Rent was founded in 2012 and is based in Malibu, California.

McDonald’s Corporation (MCD) dropped $-0.53 to close the day at a new closing price of $122.18, a -0.43% decrease in value from its previous closing price that moved the stock 11.74% above its 52 week low of $110.33. A total of 3.16M shares exchanged hands during the day compared with its three month average trading volume of 4.14M. The stock, which fluctuated between $122.04 and $123 during the day, currently situated -5.27% below its 52 week high. The stock is down by -0.86% in the past one month and up by 10.68% over the past three months. With a one year target estimate of $128.08 and RSI of 55.35, the stock still has upside potential, making it a hold for now.

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2015, it operated 36,525 restaurants, including 30,081 franchised restaurants comprising 21,147 franchised to conventional franchisees, 5,529 licensed to developmental licensees, and 3,405 licensed to foreign affiliates; and 6,444 company-operated restaurants. The company has strategic partnerships with CITIC Limited, CITIC Capital, and The Carlyle Group to expand its business in Mainland China and Hong Kong. McDonald’s Corporation was founded in 1940 and is based in Oak Brook, Illinois.

Cognizant Technology Solutions Corporation (CTSH) shares were down in last trading by -1.24% to $56.65. It experienced lighter than average volume on day. The stock decreased in value by almost -0.63% over the past week and grew 0.69% in the past month. It is currently trading 1.82% above its 50 day moving average and -0.45% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -10.69% decrease in value from its one year high of $63.43. The RSI indicator value of 49.8, lead us to believe that it is a hold for now.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services. The company also offers enterprise information management services, such as strategic, advisory, and management consulting; enterprise data management; descriptive analytics/business intelligence; strategic corporate performance management; and packaged analytics services, as well as big data services that assist clients in managing and deriving actionable insights. In addition, it provides application testing services; and develops, licenses, implements, and supports proprietary and third-party software products, as well as offers digital technologies services. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, including clinical data management, pharmacovigilance, equity research support, commercial operations, and order management. It serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells services through its professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.