Kathryn Reed

Traders Watch list: VeriFone Systems, Inc. (PAY), CalAtlantic Group, Inc. (CAA), Platform Specialty Products Corporation (PAH)

VeriFone Systems, Inc. (PAY) saw its value decrease by -0.51% as the stock dropped $-0.1 to finish the day at a closing price of $19.34. The stock was lighter in trading and has fluctuated between $14.94-$29.73 per share for the past year. The shares, which traded within a range of $19.3 to $19.56 during the day, are up by 19.38% in the past three months and up by 3.53% over the past six months. It is currently trading 4.7% above its 20 day moving average and 7.48% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $19.57 a share over the next twelve months. The current relative strength index (RSI) reading is 64.82.The technical indicator lead us to believe there will be no major movement any time soon, hold.

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale (POS) worldwide. It offers countertop solutions that accept payment options, such as contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN-based transactions; and multimedia consumer facing POS devices. The company also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows-based smartphones and tablets. In addition, it offers integrated electronic payment systems that combine electronic payment processing, fuel dispensing, and ECR functions, as well as secure payment systems for integration with petroleum pump controllers; unattended and self-service payment solutions designed to enable payment transactions in self-service, high-transaction volume, and public transportation environments; and network access solutions. Further, the company provides other managed, terminal management, payment-enabled media, in-taxi payment, and security solutions; and server-based payment processing software and middleware. Additionally, it offers installation, deployment, training, and application development and delivery solutions; project management, client education program, and consulting services; helpdesk support, equipment repair and maintenance, and software post-contract support services; and application libraries and development tools. The company sells its products directly; and through third party distributors and partners. It serves financial services, retail, petroleum, restaurant, hospitality, taxi, transportation, and healthcare industries. The company was formerly known as VeriFone Holdings, Inc. and changed its name to VeriFone Systems, Inc. in May 2010. VeriFone Systems, Inc. is headquartered in San Jose, California.

CalAtlantic Group, Inc. (CAA) shares were up in last trading by 0.85% to $34.3. It experienced lighter than average volume on day. The stock decreased in value by almost -0.69% over the past week and grew 1.33% in the past month. It is currently trading -0.06% below its 50 day moving average and -1.63% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -16.03% decrease in value from its one year high of $40.94. The RSI indicator value of 47.49, lead us to believe that it is a hold for now.

CalAtlantic Group, Inc. builds single-family attached and detached homes in the United States. The company operates through four segments: North, Southeast, Southwest, and West. The company offers crafted homes from entry level to luxury in 41 metropolitan statistical areas spanning 17 states and the District of Columbia. It also provides mortgage financing and title examination services for homebuyers. The company was founded in 1965 and is headquartered in Irvine, California.

Platform Specialty Products Corporation (PAH) traded within a range of $12.76 to $12.94 after opening the day at $12.86. The company has seen its stock increase in value by 30.89% so far this year. The stock was up close to 0.31% on light volume in last trading session and closed at $12.84 per share. After the recent gain, the stock is currently holding -0.23% below its 52 week high of $12.94 and 144.57% above its 12-month low of $5.43. The shares are up by over 46.74% in the last three months, and the RSI indicator value of 80.88 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, the Asia-Pacific, and Europe. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers plating products that are used to plate holes; electroless nickel products, which are applied to metal and plastic surfaces; electronic assembly materials for use in the electronic market and residential boiler systems; final finishes that are used on printed circuit boards; circuit formation products for surface preparation; oxides, which are used in the fabrication of multilayer circuit boards; semiconductor materials and packaging products; and pre-treatment and cleaning solutions. It also provides functional conversion coatings that are applied to metals to enhance corrosion resistance and paint adhesion; hard-coated films, which are used for the membrane switch in the touch screen markets; production and drilling fluids used in subsea control systems; solid sheet printing elements for use in flexographic printing and platemaking processes; liquid products to produce printing plates; and printing equipment. The Agricultural Solutions segment offers fungicides and biofungicides to prevent the spread of fungi and other diseases in crops; herbicides to control unwanted plants; insecticides, bioinsecticides, and acaricides; biostimulants and innovative nutrition products; and seed treatment products, which are applied to seed before planting, as well as animal health products, such as honey bee protective miticides and veterinary vaccines. The company was formerly known as Platform Acquisition Holdings Limited and changed its name to Platform Specialty Products Corporation in October 2013. Platform Specialty Products Corporation was founded in 1922 and is headquartered in West Palm Beach, Florida.

 

Stocks Under Consideration: OraSure Technologies, Inc. (OSUR), Flagstar Bancorp, Inc. (FBC), EP Energy Corporation (EPE)

OraSure Technologies, Inc. (OSUR) retreated with the stock falling -0.19% or $-0.02 to close at $10.49 on light trading volume of 1.22M compared its three months average trading volume of 519.92K. The Bethlehem Pennsylvania 18015 based company operating under the Medical Instruments & Supplies industry has been trending up for the last 52 weeks, with the shares price now 67.3% up for the period and up by 19.48% so far this year. With price target of $10.4 and a 88.33% rebound from 52-week low, OraSure Technologies, Inc. has plenty of upside potential, making it a hold with a view buy.

OraSure Technologies, Inc., together with its subsidiaries, develops, manufactures, markets, and sells oral fluid diagnostic products and specimen collection devices in the United States, Europe, and internationally. The company also offers other diagnostic products, such as immunoassays and other in vitro diagnostic tests that are used on other specimen types. Its principal products include OraQuick ADVANCE HIV-1/2, OraQuick HCV, OraQuick In-Home HIV Test, OraQuick Ebola, OraSure QuickFlu Rapid Flu A&B test, OraSure, Oragene DX, Oragene DNA, Oragene RNA, ORAcollect, OMNIgene DISCOVER, Performagene LIVESTOCK and Oragene ANIMAL, OMNIgene Gut, OMNIgene Sputum, PrepIT MAX, Intercept, MICRO-PLATE DOA Assays, Intercept i2, Homogeneous DOA Assays, and professional and over-the-counter Cryosurgical Systems. In addition, the company manufactures and sells oral fluid collection devices used to collect, stabilize, and store samples of genetic material for molecular testing in the consumer genetic, clinical genetic, academic research, pharmacogenomics, personalized medicine, and microbiome and animal genetics markets. Further, it provides medical devices used for the removal of benign skin lesions by cryosurgery or freezing; various immunoassay tests and reagents for insurance risk assessment, substance abuse testing, and forensic toxicology applications; an oral fluid Western blot HIV-1 confirmatory test for confirming positive HIV-1 test; and Q.E.D. rapid point-of-care saliva alcohol test. The company markets and sells its products to various clinical laboratories, hospitals, clinics, community-based organizations, public health organizations, distributors, government agencies, physicians’ offices, and commercial and industrial entities. OraSure Technologies, Inc. was founded in 1979 and is based in Bethlehem, Pennsylvania.

Flagstar Bancorp, Inc. (FBC) had a light trading with around 1.21M shares changing hands compared to its three month average trading volume of 207.89K. The stock traded between $26.34 and $29.36 before closing at the price of $29.1 with 13.05% change on the day. The Troy Michigan 48098 based company is currently trading 62.57% above its 52 week low of $18.45 and -0.65% below its 52 week high of $29.36. Both the RSI indicator and target price of  and $29.69 respectively, lead us to believe that it could rise over the coming weeks.

Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides financial products and services to individuals and businesses in the United States. The company operates through three segments: Mortgage Originations, Mortgage Servicing, and Community Banking. The Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through home loan centers, national call centers, Internet, unaffiliated banks, mortgage banking, and brokerage companies. The Mortgage Servicing segment services and subservices mortgage loans; and residential mortgages held-for-investment and mortgage servicing rights, as well as provides noninterest-bearing escrow services. The Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, other services, consumer loans, commercial loans, and warehouse lines of credit. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services, such as interest rate risk protection products. This segment serves consumer, business, and mortgage lending customers through branch banking, business and commercial banking, government banking, warehouse lending, and held-for-investment portfolio groups. As of December 31, 2015, the company operated a regional office in Jackson, Michigan; 99 branches in Michigan; 10 retail centers in Michigan, Arizona, Connecticut, Florida, Kentucky, Missouri, New York, North Carolina, and Ohio; 5 wholesale lending offices; 1 underwriting office; and 1 commercial lending office. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.

EP Energy Corporation (EPE) saw its value decrease by -2.27% as the stock dropped $-0.12 to finish the day at a closing price of $5.16. The stock was lighter in trading and has fluctuated between $1.6-$7.49 per share for the past year. The shares, which traded within a range of $5.07 to $5.28 during the day, are up by 42.94% in the past three months and up by 24.94% over the past six months. It is currently trading -6.64% below its 20 day moving average and -14.21% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $57.5 a share over the next twelve months. The current relative strength index (RSI) reading is 38.36.The technical indicator lead us to believe there will be no major movement any time soon, hold.

EP Energy Corporation, an independent exploration and production company, acquires and develops unconventional onshore oil and natural gas properties in the United States. The company has interests in various properties covering an area of approximately 487,000 net acres located in the areas of Eagle Ford Shale, South Texas; the Wolfcamp Shale, the Permian Basin, West Texas; the Altamont Field, the Uinta Basin, Northeastern Utah; and the Haynesville Shale, North Louisiana. It primarily sells its oil and natural gas production to third parties. As of December 31, 2015, the company had proved reserves of 546.0 million barrels of oil equivalent. EP Energy Corporation is headquartered in Houston, Texas.

 

Stocks Under Review: The Goldfield Corporation (GV), Global Net Lease, Inc. (GNL), Innoviva, Inc. (INVA)

The Goldfield Corporation (GV) failed to extend gains with the stock declining -4.96% or $-0.35 to close the day at $6.7 on light trading volume of 1.2M shares, compared to its three month average trading volume of 738.71K. The Melbourne Florida 32901 based company has been outperforming the heavy construction group over the past 52 weeks, with the stock gaining 482.61%, compared to the industry which has advanced 62.32% over the same period. With RSI of 58.83, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

The Goldfield Corporation provides electrical construction services to electric utilities and industrial companies in the United States. It is involved in the construction and maintenance of electric utility facilities; and provision of electrical contracting services. The company’s electrical construction business includes the construction of transmission lines, concrete foundations, distribution systems, fiber optic splicing, substations and other electrical services. The Goldfield Corporation was founded in 1906 and is based in Melbourne, Florida.

Global Net Lease, Inc. (GNL) grew with the stock adding 0.74% or $0.06 to close at $8.14 on light trading volume of 1.2M compared its three months average trading volume of 749.90K. The New York New York 10022 based company has been trending up for the last 52 weeks, with the shares price now 23.44% up for the period and up by 5.51% so far this year. With price target of $8.15 and a 26.43% rebound from 52-week low, Global Net Lease, Inc. has plenty of upside potential, making it a hold with a view buy.

Global Net Lease, Inc. is a real estate investment trust. The firm invests in the real estate markets across the globe. It focuses on acquiring and managing a globally-diversified portfolio of strategically-located commercial real estate properties. The firm was formerly known as American Realty Capital Global Trust, Inc. Global Net Lease, Inc. was founded on July 13, 2011 and is based in New York, New York.

Innoviva, Inc. (INVA) continued its upward trend with the stock climbing 3.77% or $0.42 to close the day at $11.55 on lower than average trading volume of 1.2M shares, compared to its three month average trading volume of 745.30K. The South San Francisco California 94080 based company has been outperforming the application software companies by 7.244% for last three months and its recent gains have pushed the stock slightly up 7.94% YTD, versus the application software industry which is up 9.96% for the same period. The RSI of 64.03 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Innoviva, Inc. engages in the development and commercialization of bio-pharmaceuticals. Its portfolio of respiratory products includes RELVAR/BREO ELLIPTA, (fluticasone furoate/ vilanterol, FF/VI) and ANORO ELLIPTA (umeclidinium bromide/ vilanterol, UMEC/VI). The company is also entitled to a 15% interest related to the combination of UMEC/VI/FF and the Bifunctional Muscarinic Antagonist-Beta2 Agonist (MABA) program, as monotherapy, as well as in combination with other therapeutically active components, such as an inhaled corticosteroid, and other product or combination of products that might be discovered and developed under its LABA collaboration agreement with GSK. Innoviva, Inc. has long-acting muscarinic antagonist (LABA) collaboration agreement with Glaxo Group Limited to develop and commercialize once-daily LABA products for the treatment of chronic obstructive pulmonary disease and asthma. The company was formerly known as Theravance, Inc. and changed its name to Innoviva, Inc. in January 2016. Innoviva, Inc. was founded in 1996 and is headquartered in South San Francisco, California.

 

Momentum Stocks: ResMed Inc. (RMD), Molina Healthcare, Inc. (MOH), LaSalle Hotel Properties (LHO)

ResMed Inc. (RMD) grew with the stock adding 0.9% or $0.63 to close at $70.86 on light trading volume of 1.07M compared its three months average trading volume of 899.30K. The San Diego California 92123 based company operating under the Medical Appliances & Equipment industry has been trending up for the last 52 weeks, with the shares price now 24.95% up for the period and up by 14.75% so far this year. With price target of $63.65 and a 31.18% rebound from 52-week low, ResMed Inc. has plenty of upside potential, making it a hold with a view buy.

ResMed Inc. designs, develops, manufactures, and markets medical devices and cloud-based software applications that diagnose, treat, and manage respiratory disorders. Its portfolio of products include devices, such as air flow generators, ventilators, and oxygen concentrators; diagnostic products; mask systems; headgear and other accessories; dental devices; portable oxygen concentrators; and cloud-based software informatics solutions. The company also produces continuous positive airway pressure, variable positive airway pressure, and AutoSet systems for the titration and treatment of sleep disordered breathing (SDB). In addition, it offers data communications and control products, such as EasyCare, ResLink, ResControl, ResControl II, TxControl, ResScan, and ResTraxx modules that facilitate the transfer of data and other information to and from the flow generators. The company markets its products to sleep clinics, home healthcare dealers, patients, hospitals, physicians, and third-party payers through a network of distributors and direct sales force in approximately 100 countries. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.

Molina Healthcare, Inc. (MOH) had a light trading with around 1.07M shares changing hands compared to its three month average trading volume of 891.41K. The stock traded between $58.68 and $59.64 before closing at the price of $59.24 with -1.04% change on the day. The Long Beach California 90802 based company is currently trading 33.12% above its 52 week low of $44.5 and -12.72% below its 52 week high of $67.87. Both the RSI indicator and target price of  and $59.39 respectively, lead us to believe that it could rise over the coming weeks.

Molina Healthcare, Inc. provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program. The company operates through three segments: Health Plans, Molina Medicaid Solutions, and Other. The Health Plans segment operates health plans in 11 states. As of December 31, 2015, this segment served approximately 3.5 million members who were eligible for Medicaid, Medicare, and other government-sponsored health care programs. The Molina Medicaid Solutions segment provides design, development, implementation; business process outsourcing; hosting services; and information technology development and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, as well as the U.S. Virgin Islands; and drug rebate administration services in Florida. The Other segment provides behavioral health and social services. The company offers health care services for its members through contracts with independent physicians and groups; hospitals; and ancillary providers, as well as through its clinics. Molina Healthcare, Inc. was founded in 1980 and is headquartered in Long Beach, California.

LaSalle Hotel Properties (LHO) saw its value increase by 1.22% as the stock gained $0.37 to finish the day at a closing price of $30.78. The stock was lighter in trading and has fluctuated between $21.56-$31.87 per share for the past year. The shares, which traded within a range of $30.45 to $30.84 during the day, are up by 22.3% in the past three months and up by 14.18% over the past six months. It is currently trading 1.65% above its 20 day moving average and 2.39% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $27.88 a share over the next twelve months. The current relative strength index (RSI) reading is 55.66.The technical indicator lead us to believe there will be no major movement any time soon, hold.

LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States. It owns 34 hotels, totaling approximately 9,200 guest rooms in 15 markets in 11 states and the District of Columbia. The company qualifies as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal corporate income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1998 and is based in Bethesda, Maryland.

 

Three Movers to Watch for: Apple Inc. (AAPL), Kinder Morgan, Inc. (KMI), Cisco Systems, Inc. (CSCO)

Apple Inc. (AAPL) retreated with the stock falling -0.23% or $-0.3 to close at $132.12 on light trading volume of 20.03M compared its three months average trading volume of 31.19M. The Cupertino California 95014 based company operating under the Electronic Equipment industry has been trending up for the last 52 weeks, with the shares price now 43.98% up for the period and up by 14.57% so far this year. With price target of $139.19 and a 49.88% rebound from 52-week low, Apple Inc. has plenty of upside potential, making it a hold with a view buy.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

Kinder Morgan, Inc. (KMI) gained $0.1 to close the day at a new closing price of $22.48, a 0.45% increase in value from its previous closing price that moved the stock 73.76% above its 52 week low of $15.34. A total of 20.02M shares exchanged hands during the day compared with its three month average trading volume of 13.04M. The stock, which fluctuated between $22.44 and $22.7 during the day, currently situated -2.65% below its 52 week high. The stock is up by 3.04% in the past one month and up by 6.03% over the past three months. With a one year target estimate of $25.5 and RSI of 55.46, the stock still has upside potential, making it a hold for now.

Kinder Morgan, Inc. operates as an energy infrastructure company in North America. It operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline and storage systems; natural gas and crude oil gathering systems, and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas facilities. The CO2 segment produces, transports, and markets CO2 for use in enhanced oil recovery projects; and owns interests in oil-producing fields, gas processing plants, and crude oil pipelines in the Permian Basin region of West Texas. The Terminals segment owns and operates liquids and bulk terminals that transload and store refined petroleum products, crude oil, and condensate, as well as bulk products, including coal, petroleum coke, cement, alumina, salt, and other bulk chemicals; and owns and operates tankers. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Kinder Morgan Canada segment owns and operates Trans Mountain pipeline system that transports crude oil and refined petroleum products from Edmonton, Alberta, and Canada to marketing terminals and refineries in British Columbia, Canada, and Washington; and jet fuel aviation turbine fuel pipeline that serves the Vancouver (Canada) International Airport. The Other segment includes various physical natural gas contracts with power plants. Kinder Morgan, Inc. owns interests in or operates approximately 84,000 miles of pipelines and 180 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.

Cisco Systems, Inc. (CSCO) shares were up in last trading by 0.03% to $31.51. It experienced lighter than average volume on day. The stock increased in value by almost 0.61% over the past week and grew 4.51% in the past month. It is currently trading 4.11% above its 50 day moving average and 6.4% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.57% decrease in value from its one year high of $31.95. The RSI indicator value of 68.17, lead us to believe that it is a hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Hewlett Packard Enterprise,HPE,Cerner,CERN,Halliburton,HAL

Newell Brands Inc. (NWL) grew with the stock adding 1.42% or $0.66 to close at $46.99 on active trading volume of 7.86M compared its three months average trading volume of 4.41M. The Atlanta Georgia 30328 based company operating under the Housewares & Accessories industry has been trending up for the last 52 weeks, with the shares price now 41.5% up for the period and up by 5.24% so far this year. With price target of $56.13 and a 43.63% rebound from 52-week low, Newell Brands Inc. has plenty of upside potential, making it a hold with a view buy.

Newell Brands Inc. designs, sources, and distributes consumer and commercial products worldwide. The company offers markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; fine writing instruments; and labeling solutions under the Sharpie, Paper Mate, Expo, Prismacolor, Mr.Sketch, Elmer’s, X-Acto, Parker, Waterman, and Dymo Office brands. It also provides indoor/outdoor organization, food storage, and home storage products; durable beverage containers; gourmet cookware, bakeware, and cutlery; and hair care accessories under the Rubbermaid, Contigo, Bubba, Calphalon, and Goody brands; and home fragrance products under the WoodWick Candle brand. In addition, the company offers hand and power tool accessories, industrial band saw blades, tools for HVAC systems, and industrial label makers and printers under Irwin, Lenox, Hilmor, and Dymo Industrial brands; cleaning and refuse products, hygiene systems, and material handling solutions under the Rubbermaid Commercial Products brand names; and infant and juvenile products, such as car seats, strollers, highchairs, and playards directly under the Graco, Baby Jogger, Aprica, and Teutonia brands. Further, it provides branded consumer products, consumables, and household staples under the Yankee Candle, Waddington, Ball, Diamond, First Alert, NUK, and Pine Mountain brands; kitchen appliances and home environment products under the Crock-Pot, FoodSaver, Holmes, Mr. Coffee, Oster, Rainbow, and Sunbeam brands; products for outdoor and outdoor-related activities under the Coleman, Jostens, Berkley, Shakespeare, Rawlings, Völkl, K2, and Marmot brands; and plastic products, including closures, contact lens packaging, medical disposables, plastic cutlery, and rigid packaging under the Jarden name. The company was formerly known as Newell Rubbermaid Inc. and changed its name to Newell Brands Inc. in April 2016. The company was founded in 1903 and is headquartered in Atlanta, Georgia.

HP Inc. (HPQ) had a active trading with around 7.75M shares changing hands compared to its three month average trading volume of 11.71M. The stock traded between $15.55 and $15.74 before closing at the price of $15.72 with 0.51% change on the day. The Palo Alto California 94304 based company is currently trading 83.21% above its 52 week low of $9.45 and -2.44% below its 52 week high of $16.25. Both the RSI indicator and target price of  and $16.07 respectively, lead us to believe that it could rise over the coming weeks.

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.

Occidental Petroleum Corporation (OXY) saw its value increase by 0.41% as the stock gained $0.28 to finish the day at a closing price of $68.47. The stock was higher in trading and has fluctuated between $64.37-$78.48 per share for the past year. The shares, which traded within a range of $68.16 to $69.9 during the day, are up by 3.46% in the past three months and down by -5.86% over the past six months. It is currently trading 0.18% above its 20 day moving average and -2.07% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $76.3 a share over the next twelve months. The current relative strength index (RSI) reading is 48.02.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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 Alert: Viacom, Inc. (VIAB), PayPal Holdings, Inc. (PYPL), Johnson & Johnson (JNJ)

Viacom, Inc. (VIAB) retreated with the stock falling -0.55% or $-0.24 to close at $43.65 on active trading volume of 6.26M compared its three months average trading volume of 4.09M. The New York New York 10036 based company operating under the Entertainment – Diversified industry has been trending up for the last 52 weeks, with the shares price now 39.63% up for the period and up by 24.36% so far this year. With price target of $42.83 and a 49.56% rebound from 52-week low, Viacom, Inc. has plenty of upside potential, making it a hold with a view buy.

Viacom, Inc. operates as media brand worldwide. The company creates television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences, and other entertainment content for audiences. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products for consumers through approximately 250 locally programmed and operated TV channels, including Nickelodeon, Comedy Central, MTV, VH1, SPIKE, BET, CMT, TV Land, Nick at Nite, Nick Jr., Channel 5 (UK), Logo, Nicktoons, TeenNick, Paramount Channel, and others, as well as through online, mobile, and apps. The Filmed Entertainment segment produces, finances, acquires, and distributes motion pictures, television programming, and other entertainment content under the Paramount Pictures, Paramount Animation, Nickelodeon Movies, MTV Films, and Paramount Television brands; and distributes films released under the Paramount Vantage, Paramount Classics, and Insurge Pictures brands. This segment exhibits motion pictures theatrically through home entertainment, licensing to television and digital platforms, and ancillary activities. The company releases its content through download-to-own, download-to-rent, DVDs, Blu-ray discs, transactional video-on-demand, pay television, subscription video-on-demand, basic cable television, free television, and free video-on-demand, as well as airlines and hotels. Viacom, Inc. is headquartered in New York, New York.

PayPal Holdings, Inc. (PYPL) dropped $-0.25 to close the day at a new closing price of $40.58, a -0.61% decrease in value from its previous closing price that moved the stock 26.77% above its 52 week low of $34. A total of 6.25M shares exchanged hands during the day compared with its three month average trading volume of 7.16M. The stock, which fluctuated between $40.56 and $40.86 during the day, currently situated -8.85% below its 52 week high. The stock is down by -1.7% in the past one month and down by -1.65% over the past three months. With a one year target estimate of $46.83 and RSI of 51.66, the stock still has upside potential, making it a hold for now.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company’s platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

Johnson & Johnson (JNJ) shares were up in last trading by 1.02% to $115.24. It experienced lighter than average volume on day. The stock increased in value by almost 1.41% over the past week and grew 0.44% in the past month. It is currently trading 0.96% above its 50 day moving average and -0.7% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.34% decrease in value from its one year high of $126.07. The RSI indicator value of 59.21, lead us to believe that it is a hold for now.

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates through three segments: Consumer, Pharmaceutical, and Medical Devices. The Consumer segment offers baby care products under the JOHNSON’S brand name; oral care products under the LISTERINE brand name; skin care products under the AVEENO, CLEAN & CLEAR, DABAO, JOHNSON’S Adult, LE PETITE MARSEILLAIS, LUBRIDERM, NEUTROGENA, and RoC brand names; women’s health products, such as sanitary pads under the STAYFREE and CAREFREE, and o.b. tampon brand names; wound care products, including adhesive bandages under the BAND-AID brand name and first aid products under the NEOSPORIN brand name. This segment also provides over-the-counter medicines, including acetaminophen products under the TYLENOL brand name; cold, flu, and allergy products under the SUDAFED brand name; allergy products under the BENADRYL and ZYRTEC brand names; ibuprofen products under the MOTRIN IB brand name; and heartburn products under the PEPCID brand name. The Pharmaceutical segment provides various products in the areas of immunology, infectious diseases and vaccines, neuroscience, oncology, and cardiovascular and metabolic diseases. The Medical Devices segment offers orthopaedic products; general surgery, biosurgical, endomechanical, and energy products; electrophysiology products to treat cardiovascular disease; sterilization and disinfection products to reduce surgical infection; blood glucose monitoring and insulin delivery products; and disposable contact lenses. The company offers its products to general public, retail outlets and distributors, wholesalers, hospitals, and health care professionals for prescription use, as well as for use in the professional fields by physicians, nurses, hospitals, eye care professionals, and clinics. Johnson & Johnson was founded in 1885 and is based in New Brunswick, New Jersey.

 

Three Movers to Watch for: T-Mobile US, Inc. (TMUS), PPL Corporation (PPL), Abbott Laboratories (ABT)

T-Mobile US, Inc. (TMUS) grew with the stock adding 0.22% or $0.14 to close at $62.39 on light trading volume of 3.8M compared its three months average trading volume of 4.12M. The Bellevue Washington 98006 based company operating under the Wireless Communications industry has been trending up for the last 52 weeks, with the shares price now 83.34% up for the period and up by 8.49% so far this year. With price target of $62.25 and a 85.68% rebound from 52-week low, T-Mobile US, Inc. has plenty of upside potential, making it a hold with a view buy.

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services for consumers and businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers. The company offers services, devices, and accessories under the T-Mobile and MetroPCS brands through its owned and operated retail stores, as well as through its Websites. T-Mobile US, Inc. also sells its devices and accessories to dealers and other third party distributors for resale through independent third-party retail outlets and various third-party Websites. It delivers wireless services to approximately 65.5 million customers. The company was founded in 1994 and is headquartered in Bellevue, Washington. T-Mobile US, Inc. operates as a subsidiary of Deutsche Telekom Holding B.V.

PPL Corporation (PPL) gained $0.08 to close the day at a new closing price of $35.5, a 0.23% increase in value from its previous closing price that moved the stock 11.95% above its 52 week low of $32.08. A total of 3.71M shares exchanged hands during the day compared with its three month average trading volume of 3.79M. The stock, which fluctuated between $35.34 and $35.62 during the day, currently situated -9.06% below its 52 week high. The stock is up by 3.68% in the past one month and up by 6.95% over the past three months. With a one year target estimate of $36.83 and RSI of 63.51, the stock still has upside potential, making it a hold for now.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Abbott Laboratories (ABT) shares were up in last trading by 0.47% to $42.74. It experienced lighter than average volume on day. The stock decreased in value by almost -0.09% over the past week and grew 4.04% in the past month. It is currently trading 7.51% above its 50 day moving average and 6.44% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -5.46% decrease in value from its one year high of $45.79. The RSI indicator value of 68.9, lead us to believe that it is a hold for now.

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.

 

Momentum Stocks: Prudential Financial, Inc. (PRU), Tyson Foods, Inc. (TSN), United Technologies Corporation (UTX)

Prudential Financial, Inc. (PRU) grew with the stock adding 0.33% or $0.36 to close at $108.75 on active trading volume of 2.71M compared its three months average trading volume of 2.3M. 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 94.36% up for the period and up by 4.51% so far this year. With price target of $110.29 and a 97.12% 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.

Tyson Foods, Inc. (TSN) had a light trading with around 2.69M shares changing hands compared to its three month average trading volume of 3.95M. The stock traded between $64.75 and $65.49 before closing at the price of $65.06 with -0.5% change on the day. The Springdale Arkansas 72762 based company is currently trading 17.21% above its 52 week low of $55.72 and -15.23% below its 52 week high of $77.05. Both the RSI indicator and target price of  and $70.33 respectively, lead us to believe that it could rise over the coming weeks.

Tyson Foods, Inc., together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats. It also supplies poultry breeding stock; sells allied products, such as hide and meats; and manufactures and markets frozen and refrigerated food products, including pepperoni, bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, flour and corn tortilla products, desserts, appetizers, snacks, prepared meals, ethnic foods, soups, sauces, side dishes, meat dishes, breadsticks, and processed meats. Tyson Foods, Inc. offers its products primarily under the Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Van’s, Sara Lee, Chef Pierre, Wright, Aidells, State Fair, Gallo Salame, and Golden Island brands. The company sells its products through its sales staff to grocery retailers, grocery wholesalers, meat distributors, warehouse club stores, military commissaries, industrial food processing companies, chain restaurants or their distributors, live markets, international export companies, and domestic distributors, as well as through independent brokers and trading companies. Tyson Foods, Inc. was founded in 1935 and is headquartered in Springdale, Arkansas.

United Technologies Corporation (UTX) saw its value increase by 0.87% as the stock gained $0.96 to finish the day at a closing price of $111.05. The stock was lighter in trading and has fluctuated between $85.56-$112.83 per share for the past year. The shares, which traded within a range of $110.08 to $111.26 during the day, are up by 6.61% in the past three months and up by 2.96% over the past six months. It is currently trading 0.8% above its 20 day moving average and 0.98% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $117.93 a share over the next twelve months. The current relative strength index (RSI) reading is 54.24.The technical indicator lead us to believe there will be no major movement any time soon, hold.

United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; and offers modernization products to upgrade elevators and escalators, as well as maintenance and repair services. The company’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications. This segment offers electronic security products, including intruder alarms, access control systems, and video surveillance systems; fire safety products; and design, installation, systems integration, repair, maintenance, monitoring, and inspection services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation markets; and provides aftermarket maintenance, repair, and overhaul, as well as fleet management services. The company’s UTC Aerospace Systems segment provides electric power generation, power management, and distribution systems; air data and aircraft sensing systems; engine control, intelligence, surveillance, and reconnaissance systems; engine components; environmental control systems; fire and ice detection, and protection systems; propeller systems; engine nacelle systems; aircraft lighting and seating, and cargo systems; actuation and landing systems; space products and subsystems; and aftermarket services. United Technologies Corporation offers its services through manufacturers’ representatives, distributors, wholesalers, dealers, retail outlets, and sales representatives, as well as directly to customers. United Technologies Corporation was founded in 1934 and is headquartered in Farmington, Connecticut.

 

Stocks Roundup: Archer-Daniels-Midland Company (ADM), Juniper Networks, Inc. (JNPR), Wynn Resorts, Limited (WYNN)

Archer-Daniels-Midland Company (ADM) grew with the stock adding 0.67% or $0.29 to close at $43.83 on light trading volume of 2.36M compared its three months average trading volume of 3.39M. The Chicago Illinois 60601 based company operating under the Farm Products industry has been trending up for the last 52 weeks, with the shares price now 41.66% up for the period and down by -3.99% so far this year. With price target of $44.15 and a 43.15% rebound from 52-week low, Archer-Daniels-Midland Company has plenty of upside potential, making it a hold with a view buy.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. Its Agricultural Services segment offers agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley; and resells those commodities as food and feed ingredients, and raw materials for the agricultural processing industry. The segment is also involved in structured trade finance and the processing of wheat into wheat flour. Its Corn Processing segment offers ingredients used in the food and beverage industry, including sweeteners, starch, syrup, glucose, and dextrose; bio products; alcohol, amino acids, and other food and animal feed ingredients; and ethyl alcohol for industrial use as ethanol or as beverage grade. This segment also offers corn gluten feed and meal, and distillers’ grains; vegetable oil and protein meal; formula feeds, and animal health and nutrition products; and citric acids and glycols for food and industrial products, as well as operates a sugarcane ethanol plant. The company’s Oilseeds Processing segment processes soybeans and soft seeds into vegetable oils and protein meals. It offers ingredients for the food, feed, energy, and industrial products industries; crude vegetable and salad oils; partially refined oils; oilseed protein meals; peanuts, tree nuts, and peanut-derived ingredients; cottonseed flour for the pharmaceutical industry; cotton cellulose pulp for the chemical, paper, and filter markets; and agricultural commodity raw materials. Its Wild Flavors and Specialty Ingredients segment offers natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, edible beans, and other specialty food and feed ingredients. The company is also involved in futures commission and insurance activities. Archer-Daniels-Midland Company was founded in 1898 and is headquartered in Chicago, Illinois.

Juniper Networks, Inc. (JNPR) had a light trading with around 2.32M shares changing hands compared to its three month average trading volume of 3.96M. The stock traded between $27.38 and $27.73 before closing at the price of $27.64 with 0.88% change on the day. The Sunnyvale California 94089 based company is currently trading 31.56% above its 52 week low of $21.18 and -5.37% below its 52 week high of $29.21. Both the RSI indicator and target price of  and $28.43 respectively, lead us to believe that it could rise over the coming weeks.

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. It offers various routing products, including ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; T series routers; and NorthStar controllers. The company also provides various switching products comprising EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch. In addition, it offers security products, such as SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series and SRX1500, which provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; Spotlight Secure Threat Intelligence Platform, a threat intelligence platform that aggregates threat feeds from various sources; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, the company offers Junos OS, a network operating system; Junos Space, a network management platform for creating network management applications that include network director, services activation director, security director, edge services director, service now, and service insight; and Contrail networking and cloud platform solutions. Additionally, it provides technical support and professional services, as well as education and training programs. The company sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the service provider and enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

Wynn Resorts, Limited (WYNN) saw its value increase by 0.02% as the stock gained $0.02 to finish the day at a closing price of $98.9. The stock was lighter in trading and has fluctuated between $69.85-$109.5 per share for the past year. The shares, which traded within a range of $98.52 to $100.2 during the day, are up by 13.26% in the past three months and down by -3.09% over the past six months. It is currently trading 3.21% above its 20 day moving average and 5.29% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $106.06 a share over the next twelve months. The current relative strength index (RSI) reading is 59.75.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Wynn Resorts, Limited, together with its subsidiaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations. The company operates Wynn Macau and Encore at Wynn Macau resort located in the People’s Republic of China. As of February 12, 2016, its Macau resorts feature had approximately 284,000 square feet of casino space, which offered 24-hour gaming and a range of games with 458 table games and 708 slot machines, private gaming salons, sky casinos, and a poker; 2 luxury hotel towers with a total of 1,008 guest rooms and suites; casual and fine dining in 8 restaurants; approximately 57,000 square feet of retail shopping, including stores and boutiques; approximately 31,000 square feet of space for lounges and meeting facilities; recreation and leisure facilities, including 2 health clubs, spas, a salon, and a pool; and the Rotunda show. The company also owned and operated Wynn Las Vegas and Encore at Wynn Las Vegas resort with a total of 4,748 hotel rooms, suites, and villas; 232 table games; 1,866 slot machines; a race and sports book and poker room in approximately 186,000 square feet of casino gaming space, including a sky casino and private gaming salons; 34 food and beverage outlets; 2 spas and salons; lounges; and approximately 99,000 square feet of retail shopping space. Its Las Vegas resorts also offer 3 nightclubs and a beach club; wedding chapels; an 18-hole golf course; approximately 290,000 square feet of meeting and convention space; a theater; and 2 showrooms, as well as a water-based theatrical production and entertainment production. Wynn Resorts, Limited was founded in 2002 and is based in Las Vegas, Nevada.