Kathryn Reed

Stocks Trending Alert: Prologis, Inc. (PLD), Norfolk Southern Corporation (NSC), Fidelity National Information Services, Inc. (FIS)

Prologis, Inc. (PLD) saw its value increase by 1.4% as the stock gained $0.69 to finish the day at a closing price of $50.11. The stock was lighter in trading and has fluctuated between $36.18-$54.87 per share for the past year. The shares, which traded within a range of $49.36 to $50.12 during the day, are up by 3.99% in the past three months and down by -5.73% over the past six months. It is currently trading -1.22% below its 20 day moving average and -2.67% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $15.46 a share over the next twelve months. The current relative strength index (RSI) reading is 45.73.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. It was previously known as Security Capital Investment Trust. Prologis Inc. was formed in 1991 and is based in San Francisco, California with an additional office in Denver, Colorado.

Norfolk Southern Corporation (NSC) shares were up in last trading by 0.39% to $121.12. It experienced lighter than average volume on day. The stock increased in value by almost 0.55% over the past week and grew 10.13% in the past month. It is currently trading 8.76% above its 50 day moving average and 27.33% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.13% decrease in value from its one year high of $122.5. The RSI indicator value of 65.56, lead us to believe that it is a hold for now.

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. It also transports overseas freight through various Atlantic and Gulf Coast ports. In addition, the company is involved in the operation of scheduled passenger trains; leasing or sale of rail property and equipment; development of commercial real estate; telecommunications; and the acquisition, leasing, and management of coal, oil, gas, and minerals, as well as the transport of automotive and industrial products. As of February 6, 2017, it operated approximately 19,500 route miles in 22 states and the District of Columbia. The company was founded in 1883 and is based in Norfolk, Virginia.

Fidelity National Information Services, Inc. (FIS) traded within a range of $80.46 to $81.39 after opening the day at $80.96. The company has seen its stock increase in value by 6.37% so far this year. The stock was down close to -0.36% on active volume in last trading session and closed at $80.46 per share. After the recent fall, the stock is currently holding -0.8% below its 52 week high of $81.67 and 45.81% above its 12-month low of $57.8. The shares are up by over 4.99% in the last three months, and the RSI indicator value of 59.73 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Fidelity National Information Services, Inc., a financial services technology company, offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth management, risk and compliance, treasury, and insurance. It also provides financial consulting and outsourcing services. The company’s Integrated Financial Solutions segment offers various solutions, including core processing and ancillary applications; digital solutions, such as Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card solutions; item processing and output services; government payments solutions; e-payment solutions; and retail solutions to regional and community bank market in North America. Its Global Financial Solutions segment provides banking and payments solutions, and consulting and transformation services to financial institution worldwide, which include retail banking and payments services, securities processing and finance, asset management, global trading, corporate liquidity, insurance, wealth management, global commercial services, strategic consulting services, and public sector and education. The company delivers a range of information technology consulting, advisory, and transformational services to financial institutions under the Capco brand. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

 

3 Stocks to Watch For: QVC Group (QVCA), Biogen Inc. (BIIB), ServiceNow, Inc. (NOW)

QVC Group (QVCA) saw its value increase by 1.15% as the stock gained $0.22 to finish the day at a closing price of $19.32. The stock was lighter in trading and has fluctuated between $17.88-$27.25 per share for the past year. The shares, which traded within a range of $19.08 to $19.42 during the day, are down by -4.59% in the past three months and down by -9.85% over the past six months. It is currently trading 1.66% above its 20 day moving average and -2.1% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $30 a share over the next twelve months. The current relative strength index (RSI) reading is 52.91.The technical indicator lead us to believe there will be no major movement any time soon, hold.

QVC Group markets and sells a range of consumer products primarily through live merchandise-focused televised shopping programs, Internet, and mobile applications. The company’s Websites offers home, beauty, jewelry, accessories, and electronic products. It also operates as an online retailer of women’s, children’s, and men’s apparel, and children’s merchandise; and kitchen accessories and home décor products, as well as retails products through catalogs, and brick-and-mortar stores. In addition, the company distributes home and apparel lifestyle products under various brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Chasing Fireflies, and Travelsmith. Its programming distributed products to approximately 317 million homes in the United States, Japan, Germany, Austria, the United Kingdom, Ireland, Italy, and China. The company was formerly known as Liberty Interactive Group. QVC Group is based in Englewood, Colorado. QVC Group is a subsidiary of Liberty Interactive Corporation.

Biogen Inc. (BIIB) shares were up in last trading by 1.6% to $274.76. It experienced lighter than average volume on day. The stock increased in value by almost 3.81% over the past week and fell -4.3% in the past month. It is currently trading -3.31% below its 50 day moving average and -3.89% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -17.65% decrease in value from its one year high of $333.65. The RSI indicator value of 47.39, lead us to believe that it is a hold for now.

Biogen Inc., a biopharmaceutical company, discovers, develops, manufactures, and delivers therapies for the treatment of neurological and autoimmune diseases worldwide. The company offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, ZINBRYTA, and FAMPYRA to treat multiple sclerosis (MS); FUMADERM for the treatment of plaque psoriasis; and SPINRAZA to treat spinal muscular atrophy. It also provides BENEPALI, an etanercept biosimilar referencing ENBREL; FLIXABI, an infliximab biosimilar referencing REMICADE; RITUXAN for the treatment of non-Hodgkin’s lymphoma, chronic lymphocytic leukemia (CLL), and other conditions; GAZYVA to treat CLL and follicular lymphoma; and other potential anti-CD20 therapies. The company’s Phase III clinical trial products comprise GAZYVA for the treatment of front-line indolent non-hodgkin’s lymphoma; and Aducanumab and E2609 for Alzheimer’s disease. Its Phase II clinical trial products include BIIB074 for trigeminal neuralgia, lumbosacral radiculopathy, and erythromelalgia; BAN2401 for Alzheimer’s disease; Opicinumab (anti-LINGO-1) for MS; TYSABRI for acute ischemic stroke; rAAV-XLRS for X-linked juvenile retinoschisis; BG00011 (STX-100) for idiopathic pulmonary fibrosis; and Dapirolizumab pegol and BIIB059 (Anti-BDCA02) for lupus. The company’s Phase I clinical trial products comprise BIIB061 for MS; BIIB054 for Parkinson’s disease; BIIB067 (IONIS-SOD1Rx) for amyotrophic lateral sclerosis; and BIIB068 (BTK Inhibitor) for autoimmune disease. It has collaboration agreements with AbbVie, Inc.; Acorda Therapeutics, Inc.; Applied Genetic Technologies Corporation; Eisai Co., Ltd.; Genentech, Inc.; Ionis Pharmaceuticals, Inc.; Samsung Bioepis; and University of Pennsylvania. Biogen Inc. offers products through its sales force and marketing groups. The company was formerly known as Biogen Idec Inc. and changed its name to Biogen Inc. in March 2015. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts.

ServiceNow, Inc. (NOW) traded within a range of $91.7 to $92.82 after opening the day at $92.58. The company has seen its stock increase in value by 24.37% so far this year. The stock was up close to 0.17% on active volume in last trading session and closed at $92.46 per share. After the recent gain, the stock is currently holding -0.56% below its 52 week high of $92.98 and 95.43% above its 12-month low of $49.95. The shares are up by over 8.8% in the last three months, and the RSI indicator value of 73.1 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

ServiceNow, Inc. provides enterprise cloud-based solutions that define, structure, manage, and automate services in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It offers service management solutions, including incident management, problem management, change management, and request management, as well as service catalog and knowledge base; and information technology (IT), HR, customer service, security operations, facilities, and field service management solutions. The company also provides business management solutions, such as financial management solutions; project portfolio suite that provides capabilities to plan, organize, and manage projects; governance, risk, and compliance solution that provides clarity into compliance and audit initiatives; and performance analytics solutions, as well as offers ServiceNow platform that integrates various business applications. In addition, it offers IT operations management solutions that include ServiceWatch Mapping, a service mapping and discovery solution; ServiceWatch Insight that adds event management to the ServiceWatch Mapping bundle, as well as offers insight on the issues affecting service availability and performance; and ServiceWatch Suite that adds orchestration and cloud management to the ServiceNow ITOM products. Further, the company offers professional, education, and customer support services. It serves enterprises in various industries, including financial services, consumer products, IT services, health care, and technology. The company sells products through its direct sales team, as well as indirectly through third-party channels by partnering with systems integrators, managed services providers, and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. ServiceNow, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

 

Stocks Trend Analysis: CMS Energy Corporation (CMS), Cummins Inc. (CMI), Discover Financial Services (DFS)

CMS Energy Corporation (CMS) managed to rebound with the stock climbing 0.44% or $0.19 to close the day at $42.93 on light trading volume of 1.36M shares, compared to its three month average trading volume of 1.9M. The Jackson Michigan 49201 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 12.63%, compared to the industry which has advanced 10.83% over the same period. With RSI of 64.13, the stock should still continue to rise and get closer to its one year target estimate of $44.77, making it a hold for now.

CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources. This segment’s transmission and distribution system includes 214 miles of transmission overhead lines; 188 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,430 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,067 miles of electric distribution overhead lines; 10,532 miles of underground distribution lines; and substations. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segment’s gas transmission, storage, and distribution system comprises 1,670 miles of transmission lines; 15 gas storage fields; 27,920 miles of distribution mains; and 8 compressor stations. The Enterprises segment engages in the independent power production and marketing activities; and development of renewable generation. As of December 31, 2016, this segment had ownership interests in independent power plants totaling 1,177 megawatts. The company also operates an industrial bank providing unsecured consumer installment loans for financing home improvements. It serves 1.8 million electric customers and 1.8 million gas customers, including residential, commercial, and diversified industrial customers in Michigan’s Lower Peninsula. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.

Cummins Inc. (CMI) grew with the stock adding 0.28% or $0.42 to close at $150.56 on light trading volume of 1.27M compared its three months average trading volume of 1.49M. The Columbus Indiana 47201 based company operating under the Diversified Machinery industry has been trending up for the last 52 weeks, with the shares price now 63.55% up for the period and up by 10.16% so far this year. With price target of $0 and a 66.61% rebound from 52-week low, Cummins Inc. has plenty of upside potential, making it a hold with a view buy.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates through four segments: Engine, Distribution, Components, and Power Generation. The Engine segment offers various diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and services, as well as remanufactured parts and engines. The Distribution segment distributes parts and filtration products, engines, and power generation products, as well as offers service solutions, including maintenance contracts, engineering services, and integrated products. The Components segment provides emission solutions, including custom engineering systems and integrated controls, oxidation catalysts, particulate filters, oxides of nitrogen reduction systems, and engineered components; turbochargers for light-duty, mid-range, heavy-duty, and high-horsepower diesel markets; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and fuel systems for heavy-duty on-highway diesel engine applications, as well as remanufactures fuel systems. The Power Generation segment designs and manufactures components that make up power generation systems, including controls, alternators, transfer switches, and switchgears, as well as offers power generation systems, components, and services. The company sells its products to original equipment manufacturers, distributors, and other customers worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Discover Financial Services (DFS) failed to extend gains with the stock declining -0.19% or $-0.13 to close the day at $68.82 on lower than average trading volume of 1.35M shares, compared to its three month average trading volume of 2.73M. The Riverwoods Illinois 60015 based company has been outperforming the credit services companies by 14.5778% for last three months and its recent gains have offset losses to -4.12% YTD, versus the credit services industry which is up 4.93% for the same period. The RSI of 44.75 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates the Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

 

Stocks In Action: TTM Technologies, Inc. (TTMI), Corbus Pharmaceuticals Holdings, Inc. (CRBP), Abercrombie & Fitch Co. (ANF)

TTM Technologies, Inc. (TTMI) traded within a range of $16.71 to $17.27 after opening the day at $17.1. The company has seen its stock increase in value by 22.89% so far this year. The stock was down close to -1.82% on active volume in last trading session and closed at $16.75 per share. After the recent fall, the stock is currently holding -2.56% below its 52 week high of $17.27 and 177.78% above its 12-month low of $6.05. The shares are up by over 22.26% in the last three months, and the RSI indicator value of 74.48 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

TTM Technologies, Inc., together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It provides a range of PCBs and electro-mechanical solutions, including high density interconnect PCBs, conventional PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, and IC substrates. It also produces test specialized circuits used in radio-frequency or microwave emission and collection applications; printed circuits with heavy copper cores, and embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores. In addition, the company offers various services, including manufacturability, PCB layout design, simulation and testing, and quick turnaround services. The company’s customers include original equipment manufacturers and electronic manufacturing services companies that primarily serve the networking/communications, cellular phone, computing, aerospace and defense, and medical/industrial/instrumentation end markets of the electronics industry. TTM Technologies, Inc. was founded in 1978 and is headquartered in Costa Mesa, California.

Corbus Pharmaceuticals Holdings, Inc. (CRBP) managed to rebound with the stock climbing 13.6% or $0.85 to close the day at $7.1 on light trading volume of 3.5M shares, compared to its three month average trading volume of 901.00K. The Norwood Massachusetts 02062 based company has been outperforming the biotechnology group over the past 52 weeks, with the stock gaining 491.67%, compared to the industry which has dropped -0.81% over the same period. With RSI of 51.43, the stock should still continue to rise and get closer to its one year target estimate of $17, making it a hold for now.

Corbus Pharmaceuticals Holdings, Inc., a clinical stage pharmaceutical company, focuses on the development and commercialization of novel therapeutics to treat inflammatory and fibrotic diseases. Its lead product candidate includes Resunab, a novel oral endocannabinoid-mimetic drug, which is in Phase 2 clinical trials for the treatment of cystic fibrosis, systemic sclerosis, and skin-predominant dermatomyositis diseases. The company is based in Norwood, Massachusetts.

Abercrombie & Fitch Co. (ANF) gained $0.31 to close the day at a new closing price of $12.55, a 2.53% increase in value from its previous closing price that moved the stock 15.03% above its 52 week low of $10.91. A total of 3.48M shares exchanged hands during the day compared with its three month average trading volume of 3.58M. The stock, which fluctuated between $12.24 and $12.66 during the day, currently situated -60.43% below its 52 week high. The stock is up by 4.06% in the past one month and down by -15.49% over the past three months. With a one year target estimate of $13.4 and RSI of 55.69, the stock still has upside potential, making it a hold for now.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel. The company sells knit and woven shirts, graphic T-shirts, fleece, jeans and woven pants, shorts, sweaters, and outerwear; personal care products; and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister brand names. As of March 2, 2016, it operated through 754 stores in the United States; and 178 stores in Canada, Europe, Asia, and the Middle East. The company sells its products through its stores and direct-to-consumer sales. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.

 

Investor’s Alert: Amphenol Corporation (APH), The Clorox Company (CLX), Humana Inc. (HUM)

Amphenol Corporation (APH) continued its upward trend with the stock climbing 0.7% or $0.48 to close the day at $68.77 on lower than average trading volume of 1.12M shares, compared to its three month average trading volume of 1.21M. The Wallingford Connecticut 06492 based company has been outperforming the diversified electronics companies by 2.2467% for last three months and its recent gains have pushed the stock slightly up 2.34% YTD, versus the diversified electronics industry which is up 5.43% for the same period. The RSI of 59.56 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment produces connectors and connector systems, including fiber optic, harsh environment, high speed, and radio frequency interconnect products, as well as antennas; power interconnect products, bus bars, and distribution systems; and other connectors. It also offers value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; and other products comprising antennas, printed circuit boards, hinges, production-related accessories, molded parts, sensors and sensor-based products, switches, and touch panels and lenses. The Cable Products and Solutions segment provides coaxial, power, and specialty cables; cable assemblies; and components comprising combiner/splitter products, connector and connector systems, and fiber optic components. It serves original equipment manufacturers, electronic manufacturing services companies, original design manufacturers, and communication network operators in the automotive, broadband communication, commercial aerospace, industrial, information technology and data communication, military, mobile device, and mobile network markets. The company sells its products through its sales force, independent representatives, and a network of electronics distributors. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut.

The Clorox Company (CLX) had a light trading with around 1.11M shares changing hands compared to its three month average trading volume of 999.60K. The stock traded between $126.58 and $127.72 before closing at the price of $127.03 with -0.29% change on the day. The Oakland California 94612 based company is currently trading 14.95% above its 52 week low of $111.24 and -7.81% below its 52 week high of $140.47. Both the RSI indicator and target price of 69.95 and $124.91 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International. The company offers laundry additives, including bleach products under the Clorox and Clorox 2 stain fighter and color booster brand names; home care products under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brand names; naturally derived products under the Green Works brand name; and professional cleaning and disinfecting products under the Clorox, Dispatch, Aplicare, HealthLink, and Clorox Healthcare brand names. It also provides charcoal products under the Kingsford and Match Light brand names; cat litter products under the Fresh Step, Scoop Away, and Ever Clean brand names; digestive health products under the Renew Life brand name; and bags, wraps, and containers under the Glad brand name. In addition, the company offers dressings and sauces under the Hidden Valley, KC Masterpiece, and Soy Vay brand names; water-filtration systems and filters under the Brita brand name; and natural personal care products under the Burt’s Bees brand name. Further, it markets its products under the PinoLuz, Ayudin, Limpido, Clorinda, Poett, Mistolin, Lestoil, Bon Bril, Agua Jane, and Chux brand names. The company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors, and medical supply distributors to mass merchandisers, warehouse clubs, and grocery stores and wholesalers, as well as dollar, military, and other retail stores. The Clorox Company was founded in 1913 and is headquartered in Oakland, California.

Humana Inc. (HUM) traded within a range of $204.15 to $207.99 after opening the day at $206.96. The company has seen its stock increase in value by 0.83% so far this year. The stock was down close to -0.77% on light volume in last trading session and closed at $205.43 per share. After the recent fall, the stock is currently holding -5.54% below its 52 week high of $217.8 and 37.37% above its 12-month low of $150. The shares are up by over 10.6% in the last three months, and the RSI indicator value of 57 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Humana Inc., together with its subsidiaries, operates as a health and well-being company. The company operates through three segments: Retail, Group, and Healthcare Services. The Retail segment offers Medicare, and commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and financial protection products directly to individuals. This segment also has contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program; and contracts with various states to provide Medicaid, dual eligible, and long-term support services benefits. The Group segment provides commercial fully-insured medical and specialty health insurance benefits comprising dental, vision, and other supplemental health and voluntary insurance benefits; and administrative services only, and health and wellness products to employer groups. It also offers military services, such as TRICARE South Region contract. The Healthcare Services segment offers pharmacy solutions, provider services, home based services, clinical programs, and predictive modeling and informatics services to its health plan members, as well as to third parties. The company also provides closed-block long-term care insurance policies. As of December 31, 2015, it had approximately 14.2 million members in medical benefit plans, as well as approximately 7.2 million members in specialty products. Humana Inc. was founded in 1961 and is headquartered in Louisville, Kentucky.

 

Three Movers to Watch for: Rite Aid Corporation (RAD), Calpine Corporation (CPN), Rennova Health, Inc. (RNVA)

Rite Aid Corporation (RAD) grew with the stock adding 2.81% or $0.15 to close at $5.48 on light trading volume of 15.51M compared its three months average trading volume of 23.81M. The Camp Hill Pennsylvania 17011 based company operating under the Drug Stores industry has been trending down for the last 52 weeks, with the shares price now -29.56% down for the period and down by -33.5% so far this year. With price target of $7.75 and a 5.38% rebound from 52-week low, Rite Aid Corporation has plenty of upside potential, making it a hold with a view buy.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Calpine Corporation (CPN) dropped $-0.34 to close the day at a new closing price of $11.08, a -2.98% decrease in value from its previous closing price that moved the stock 6.64% above its 52 week low of $10.39. A total of 14.49M shares exchanged hands during the day compared with its three month average trading volume of 4.41M. The stock, which fluctuated between $10.9 and $11.54 during the day, currently situated -31.05% below its 52 week high. The stock is down by -6.5% in the past one month and down by -3.32% over the past three months. With a one year target estimate of $15.63 and RSI of 38.75, the stock still has upside potential, making it a hold for now.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities and other governmental entities, and power marketers, as well as retail commercial, industrial, and residential customers. As of February 5, 2016, it owned and operated 84 power plants, including 1 under construction with an aggregate generation capacity of 27,282 megawatts and 760 megawatts under construction. Calpine Corporation was founded in 1984 and is based in Houston, Texas.

Rennova Health, Inc. (RNVA) shares were down in last trading by -3.8% to $0.06. It experienced higher than average volume on day. The stock decreased in value by almost -11.88% over the past week and fell -27.36% in the past month. It is currently trading -36.37% below its 50 day moving average and -79.92% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -94.76% decrease in value from its one year high of $1.16. The RSI indicator value of 31.04, lead us to believe that it is a hold for now.

Rennova Health, Inc. provides diagnostics and supportive software solutions to healthcare providers in the United States. It offers products and services, including laboratory diagnostics, healthcare technology solutions, and revenue cycle management solutions, as well as intends to provide financial services in the form of loans to physician practices. The company provides toxicology, clinical pharmacogenetics, and esoteric testing services; develops Web-based system to place lab orders, track samples, and view test reports in real time; Web-enabled laboratory information management solutions; Medical Mime, which offers an electronic health record for substance abuse and behavioral health providers; and CollabRx that enhances cancer diagnoses and treatment through actionable data analytics and reporting for oncologists and their patients. Rennova Health, Inc. was founded in 2005 and is headquartered in West Palm Beach, Florida.

 

Momentum Stocks in Focus: Steel Dynamics, Inc. (STLD), Cobalt International Energy, Inc. (CIE), Nuance Communications, Inc. (NUAN)

Steel Dynamics, Inc. (STLD) continued its upward trend with the stock climbing 5.71% or $1.97 to close the day at $36.48 on active trading volume of 6.23M shares, compared to its three month average trading volume of 4.1M. The Fort Wayne Indiana 46804 based company has been outperforming the steel & iron group over the past 52 weeks, with the stock gaining 110.73%, compared to the industry which has advanced 111.82% over the same period. With RSI of 55.49, the stock should still continue to rise and get closer to its one year target estimate of $40.6, making it a hold for now.

Steel Dynamics, Inc., together with its subsidiaries, manufactures and sells steel products; processes and sells recycled ferrous and nonferrous metals; and fabricates and sells steel joist and deck products in the United States and internationally. The company operates through Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations segments. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections. This segment offers its products for automotive, construction, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, management, marketing, brokerage, and consulting services related to the scrap industry. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel decks primarily for the non-residential construction industry. The company also produces pig and hot briquetted iron; and iron nugget products that are used in electric arc furnace steel mills. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

Cobalt International Energy, Inc. (CIE) grew with the stock adding 4.79% or $0.04 to close at $0.82 on active trading volume of 6.15M compared its three months average trading volume of 4.95M. The Houston Texas 77024 based company operating under the Independent Oil & Gas industry has been trending down for the last 52 weeks, with the shares price now -65.36% down for the period and down by -33% so far this year. With price target of $2.69 and a 6.16% rebound from 52-week low, Cobalt International Energy, Inc. has plenty of upside potential, making it a hold with a view buy.

Cobalt International Energy, Inc., through its subsidiaries, operates as an oil and gas exploration and production company primarily in the deepwater U.S. Gulf of Mexico. The company holds interests in the North Platte, Shenandoah, Anchor, and Heidelberg fields located in the U.S. Gulf of Mexico; and the Diaba block located offshore Gabon. As of December 31, 2015, it had net proved undeveloped reserves of 5.6 million barrels (MMBbls) of oil; 0.3 MMBbls of natural gas liquids; and 1.8 billion cubic feet of natural gas. The company was founded in 2005 and is based in Houston, Texas.

Nuance Communications, Inc. (NUAN) continued its upward trend with the stock climbing 0.84% or $0.14 to close the day at $16.74 on higher than average trading volume of 6.14M shares, compared to its three month average trading volume of 3.36M. The Burlington Massachusetts 01803 based company has been outperforming the application software companies by 19.2613% for last three months and its recent gains have pushed the stock slightly up 12.35% YTD, versus the application software industry which is up 8.59% for the same period. The RSI of 72.34 indicates the stock is overbought at the current levels, sell for now.

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

 

Stocks Roundup: TTM Technologies, Inc. (TTMI), Oclaro, Inc. (OCLR), Kohl’s Corporation (KSS)

TTM Technologies, Inc. (TTMI) grew with the stock adding 9.57% or $1.49 to close at $17.06 on active trading volume of 6.72M compared its three months average trading volume of 2.12M. The Costa Mesa California 92626 based company operating under the Printed Circuit Boards industry has been trending up for the last 52 weeks, with the shares price now 176.05% up for the period and up by 25.17% so far this year. With price target of $15 and a 182.92% rebound from 52-week low, TTM Technologies, Inc. has plenty of upside potential, making it a hold with a view buy.

TTM Technologies, Inc., together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It provides a range of PCBs and electro-mechanical solutions, including high density interconnect PCBs, conventional PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, and IC substrates. It also produces test specialized circuits used in radio-frequency or microwave emission and collection applications; printed circuits with heavy copper cores, and embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores. In addition, the company offers various services, including manufacturability, PCB layout design, simulation and testing, and quick turnaround services. The company’s customers include original equipment manufacturers and electronic manufacturing services companies that primarily serve the networking/communications, cellular phone, computing, aerospace and defense, and medical/industrial/instrumentation end markets of the electronics industry. TTM Technologies, Inc. was founded in 1978 and is headquartered in Costa Mesa, California.

Oclaro, Inc. (OCLR) had a active trading with around 6.56M shares changing hands compared to its three month average trading volume of 6.02M. The stock traded between $9.4 and $9.65 before closing at the price of $9.44 with -0.32% change on the day. The San Jose California 95131 based company is currently trading 145.19% above its 52 week low of $3.86 and -8.79% below its 52 week high of $10.35. Both the RSI indicator and target price of  and $14.17 respectively, lead us to believe that it could rise over the coming weeks.

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

Kohl’s Corporation (KSS) saw its value increase by 3.09% as the stock gained $1.26 to finish the day at a closing price of $42.1. The stock was higher in trading and has fluctuated between $33.87-$59.67 per share for the past year. The shares, which traded within a range of $40.63 to $42.5 during the day, are down by -3.38% in the past three months and up by 12.97% over the past six months. It is currently trading 4.68% above its 20 day moving average and -10.65% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $46.19 a share over the next twelve months. The current relative strength index (RSI) reading is 46.65.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The company also sells its products online through Website Kohls.com. As of January 30, 2016, it operated 1,164 department stores in 49 states. Kohl’s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.

 

Stocks on Trader’s Radar: OraSure Technologies, Inc. (OSUR), Cypress Semiconductor Corporation (CY), Viavi Solutions Inc. (VIAV)

OraSure Technologies, Inc. (OSUR) continued its upward trend with the stock climbing 18.53% or $1.64 to close the day at $10.49 on light trading volume of 4.85M shares, compared to its three month average trading volume of 432.67K. The Bethlehem Pennsylvania 18015 based company has been outperforming the medical instruments & supplies group over the past 52 weeks, with the stock gaining 66.77%, compared to the industry which has advanced 30.34% over the same period. With RSI of 78.52, the stock should still continue to rise and get closer to its one year target estimate of $10.4, making it a hold for now.

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.

Cypress Semiconductor Corporation (CY) fell -1.82% during last trading as the stock lost $-0.23 to finish the day at $12.42 with about 4.83M shares changing hands, compared to its three month average trading volume of 5.65M. The $4.01B market cap company, which fluctuated between $12.41 and $12.69 during the day, currently situated 105.99% above its 52 week low of $6.43 and -4.24% away from its one year high of $12.97. The RSI of 57.81 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells mixed-signal programmable solutions worldwide. The company’s Programmable Solutions division designs and develops programmable solutions, including Traveo automotive microcontrollers; programmable system-on-chip products; ARM Cortex-M4, -M3, and -M0+ microcontrollers; R4 CPUs; analog power management integrated circuits; CapSense capacitive-sensing controllers; TrueTouch touchscreen and fingerprint reader products; and Bluetooth low energy solutions for the Internet of things. Its Memory Products division designs and manufactures NOR and NAND flash memories, static random access memory (SRAM) products, HyperRAm, synchronous and asynchronous SRAMs, nvSRAMs, F-RAM ferroelectric memory devices, dual port memories, first-in first-out memories, RoboClock buffers, and programmable clocks. The company’s Data Communications division provides universal serial bus (USB) controllers; Bluetooth low energy and wirelessUSB solutions; module solutions, such as trackpads and Bluetooth low energy modules; and controllers for the new USB type-C standards. Its Emerging Technology division provides wafer level chip scale packaging solutions and foundry services, as well as other development stage activities. The company serves various markets, including automotive, industrial, communications, consumer, computation, data communications, mobile handsets, and military markets. It sells its semiconductor products through distributors and manufacturing representative firms, as well as through sales force to direct original equipment manufacturers and their suppliers. The company has a strategic foundry partnership with HuaHong Grace Semiconductor Manufacturing Corporation and United Microelectronics Corporation. Cypress Semiconductor Corporation was founded in 1982 and is headquartered in San Jose, California.

Viavi Solutions Inc. (VIAV) saw its value increase by 2.49% as the stock gained $0.25 to finish the day at a closing price of $10.29. The stock was higher in trading and has fluctuated between $5.78-$10.44 per share for the past year. The shares, which traded within a range of $10.02 to $10.44 during the day, are up by 36.11% in the past three months and up by 41.35% over the past six months. It is currently trading 14.61% above its 20 day moving average and 20.12% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $9.32 a share over the next twelve months. The current relative strength index (RSI) reading is 76.3. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The company operates through Network Enablement, Service Enablement, and Optical Security and Performance Products segments. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software and services to design, build, activate, certify, troubleshoot, and optimize networks. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects comprising project management, installation, and implementation, as well as product and technology training, and consulting services. The Service Enablement segment provides embedded systems and enterprise performance management solutions for communication service providers and enterprises with visibility into network, service, and application. This segment’s solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The Optical Security and Performance Products segment provides optical security solutions with a strategic focus on serving the anti-counterfeiting market through advanced security pigments, thread substrates, and printed features for the currency, pharmaceutical, and consumer electronic sectors. This segment also offers thin-film coating solutions for 3D sensing applications. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1979 and is headquartered in Milpitas, California.

 

Trader Alert: DiamondRock Hospitality Company (DRH), KapStone Paper and Packaging Corporation (KS), E*TRADE Financial Corporation (ETFC)

DiamondRock Hospitality Company (DRH) grew with the stock adding 0.98% or $0.11 to close at $11.3 on active trading volume of 3.23M compared its three months average trading volume of 2.94M. The Bethesda Maryland 20814 based company operating under the REIT – Hotel/Motel industry has been trending up for the last 52 weeks, with the shares price now 47.41% up for the period and down by -1.99% so far this year. With price target of $11.06 and a 53.29% rebound from 52-week low, DiamondRock Hospitality Company has plenty of upside potential, making it a hold with a view buy.

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America. The company operates its hotels under the Hilton, Marriott, and Westin brand names in New York, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the United States Virgin Islands and Colorado. As of December 16, 2011, it owned 26 hotels with approximately 12000 rooms. The company qualifies as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2004 and is based in Bethesda, Maryland.

KapStone Paper and Packaging Corporation (KS) dropped $-1.07 to close the day at a new closing price of $22.73, a -4.5% decrease in value from its previous closing price that moved the stock 160.48% above its 52 week low of $8.95. A total of 3.21M shares exchanged hands during the day compared with its three month average trading volume of 926.16K. The stock, which fluctuated between $21.62 and $23.66 during the day, currently situated -9.01% below its 52 week high. The stock is up by 1.56% in the past one month and up by 21.76% over the past three months. With a one year target estimate of $25.28 and RSI of 45.14, the stock still has upside potential, making it a hold for now.

KapStone Paper and Packaging Corporation manufactures and sells containerboards, corrugated products, and specialty paper products in the United States and internationally. The company operates in two segments, Paper and Packaging, and Distribution. The Paper and Packaging segment offers containerboards consisting of linerboard and corrugated medium to manufacture corrugated containers for packaging products; and corrugated products. It also offers specialty paper products, including kraft paper comprising multiwall paper used to produce bags for agricultural products, pet food, baking products, cement and chemicals, and grocery bags; specialty conversion products, such as wrapping paper products, dunnage bags, and roll wraps; and lightweight paper. In addition, this segment provides saturating kraft paper under the Durasorb trade name for use in construction, electronics manufacturing, and furniture manufacturing industries; and unbleached folding carton board under the Kraftpak trade name to integrated and independent converters in the folding carton industry. The Distribution segment distributes corrugated and other specialty packaging products, which include stretch films, void fills, carton sealing tapes, and other specialty tapes to the packaging services and distribution industry. KapStone Paper and Packaging Corporation was founded in 2005 and is headquartered in Northbrook, Illinois.

E*TRADE Financial Corporation (ETFC) shares were up in last trading by 2.11% to $35.8. It experienced lighter than average volume on day. The stock increased in value by almost 4.53% over the past week and fell -2.69% in the past month. It is currently trading 0.25% above its 50 day moving average and 23.1% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.28% decrease in value from its one year high of $38.61. The RSI indicator value of 47.89, lead us to believe that it is a hold for now.

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.