The TJX Companies, Inc. (TJX) managed to rebound with the stock climbing 1.53% or $1.18 to close the day at $78.08 on active trading volume of 4.04M shares, compared to its three month average trading volume of 3.52M. The Framingham Massachusetts 01701 based company has been outperforming the department stores group over the past 52 weeks, with the stock gaining 10.89%, compared to the industry which has advanced 2.77% over the same period. With RSI of 66.99, the stock should still continue to rise and get closer to its one year target estimate of $84.5, making it 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.
Fortive Corporation (FTV) fell -0.42% during last trading as the stock lost $-0.24 to finish the day at $57.29 with about 1.01M shares changing hands, compared to its three month average trading volume of 1.6M. The $19.75B market cap company, which fluctuated between $56.92 and $57.53 during the day, currently situated 24.09% above its 52 week low of $43 and -1.29% away from its one year high of $58.04. The RSI of 68.91 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Fortive Corporation, through its subsidiaries, manufactures and markets industrial products. The company offers field instrumentation, sensing, product realization, and automation and specialty solutions. Fortive Corporation was founded in 2016 and is based in Everett, Washington. Fortive operates independently of Danaher Corp. as of July 02, 2016.
Applied Materials, Inc. (AMAT) saw its value decrease by -0.65% as the stock dropped $-0.23 to finish the day at a closing price of $35.23. The stock was lighter in trading and has fluctuated between $16.78-$35.85 per share for the past year. The shares, which traded within a range of $35.12 to $35.55 during the day, are up by 22.63% in the past three months and up by 29.1% over the past six months. It is currently trading 1.79% above its 20 day moving average and 5.75% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $37.14 a share over the next twelve months. The current relative strength index (RSI) reading is 60.84. The technical indicator lead us to believe there will be no major movement any time soon, hold.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits. It offers products and technologies for transistor and interconnect fabrication, including epitaxy, ion implantation, oxidation and nitridation, rapid thermal processing, chemical vapor deposition, physical vapor deposition, chemical mechanical planarization, and electrochemical deposition; patterning, selective removal, and packaging products and systems that enable the transfer of patterns onto device structures; and metrology, inspection, and review systems for front- and back-end-of-line applications. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity, including spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays, organic light-emitting diodes, and other display technologies for TVs, personal computers, tablets, smart phones, and other consumer-oriented devices, as well as equipment for flexible substrates. The company serves manufacturers of semiconductor wafers and chips, liquid crystal and other displays, and other electronic devices. Applied Materials, Inc. was founded in 1967 and is headquartered in Santa Clara, California.