Mark Elwood

3 Notable Runners: KeyCorp (KEY), United States Steel Corporation (X), Frontier Communications Corporation (FTR)

KeyCorp (KEY) failed to extend gains with the stock declining -1.6% or $-0.29 to close the day at $17.84 on higher than average trading volume of 18.76M shares, compared to its three month average trading volume of 15.93M. The Cleveland Ohio 44114 based company has been outperforming the regional – midwest banks companies by 41.7102% for last three months and its recent gains have offset losses to -2.35% YTD, versus the regional – midwest banks industry which is down -2.83% for the same period. The RSI of 46.01 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services. As of December 31, 2015, the company operated 966 retail banking branches and 1,257 automated teller machines in 12 states, as well as a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

United States Steel Corporation (X) had a light trading with around 18.64M shares changing hands compared to its three month average trading volume of 19.46M. The stock traded between $32.6 and $34.35 before closing at the price of $33.21 with -4.92% change on the day. The Pittsburgh Pennsylvania 15219 based company is currently trading 447.3% above its 52 week low of $6.15 and -15.15% below its 52 week high of $39.14. Both the RSI indicator and target price of 47.78 and $31.2 respectively, lead us to believe that it should be put on hold over the coming weeks.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Frontier Communications Corporation (FTR) opening the day at $3.52. The company has seen its stock increase in value by 2.96% so far this year. The stock was down close to -1.69% on light volume in last trading session and closed at $3.48 per share. After the recent fall, the stock is currently holding -34.82% below its 52 week high of $5.85 and 15.74% above its 12-month low of $3.1. The shares are down by over -12.06% in the last three months, and the RSI indicator value of 48.47 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

 

Eye Catching Stocks: Verizon Communications Inc. (VZ), Freeport-McMoRan Inc. (FCX), Southwestern Energy Company (SWN)

Verizon Communications Inc. (VZ) managed to rebound with the stock climbing 0.21% or $0.11 to close the day at $52.36 on light trading volume of 13.28M shares, compared to its three month average trading volume of 14.65M. The New York New York 10036 based company has been outperforming the telecom services – domestic group over the past 52 weeks, with the stock gaining 22.99%, compared to the industry which has advanced 23.81% over the same period. With RSI of 53.83, the stock should still continue to rise and get closer to its one year target estimate of $52.82, making it a hold for now.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, as well as offers wireless devices, including smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The company’s Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, including collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services. This segment also offers IoT services; data security services; voice and data services; and data, voice, local dial tone, and broadband services primarily to local, long distance, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

Freeport-McMoRan Inc. (FCX) climbed 0.13% during last trading as the stock added $0.02 to finish the day at $15.26 with about 13.24M shares changing hands, compared to its three month average trading volume of 32.94M. The $20.89B market cap company, which fluctuated between $15.07 and $15.41 during the day, currently situated 333.52% above its 52 week low of $3.8 and -7.06% away from its one year high of $16.42. The RSI of 57.57 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The company explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, as well as oil and gas. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo, Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico; oil production facilities onshore and offshore in California; onshore natural gas resources in the Haynesville shale in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore located in South Louisiana. As of December 31, 2015, its consolidated recoverable proven and probable mineral reserves included 99.5 billion pounds of copper, 27.1 million ounces of gold, 3.05 billion pounds of molybdenum, 271.2 million ounces of silver, and 0.87 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 252 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.

Southwestern Energy Company (SWN) saw its value decrease by -1.86% as the stock dropped $-0.18 to finish the day at a closing price of $9.51. The stock was lighter in trading and has fluctuated between $5.3-$15.59 per share for the past year. The shares, which traded within a range of $9.46 to $9.79 during the day, are down by -24.76% in the past three months and down by -28.44% over the past six months. It is currently trading -8.5% below its 20 day moving average and -12.07% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $13.64 a share over the next twelve months. The current relative strength index (RSI) reading is 37.33. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

 

Traders Watch list: Halliburton Company (HAL), ON Semiconductor Corporation (ON), 3D Systems Corporation (DDD)

Halliburton Company (HAL) saw its value increase by 0.38% as the stock gained $0.21 to finish the day at a closing price of $55.34. The stock was higher in trading and has fluctuated between $27.96-$56.98 per share for the past year. The shares, which traded within a range of $54.78 to $55.4 during the day, are up by 17.96% in the past three months and up by 25.92% over the past six months. It is currently trading 0.65% above its 20 day moving average and 5.48% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $61 a share over the next twelve months. The current relative strength index (RSI) reading is 58.1.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company’s Completion and Production segment offers production enhancement services, including stimulation and sand control services; and cementing services, such as bonding the well, well casing, and casing equipment. It also provides completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems, and service tools; pressure control services comprising coiled tubing, hydraulic workover units, and downhole tools; and pipeline and process services, such as pre-commissioning and maintenance, subsea pipeline, conventional pipeline, and process services. In addition, this segment offers oilfield production and completion chemicals and services; electrical submersible pumps and progressive cavity pumps; and installation, maintenance, repair, and testing services. The company’s Drilling and Evaluation segment provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; and drilling systems and services. It also offers wireline and perforating services that include open-hole logging, cased-hole and slickline, borehole seismic, and formation and reservoir solutions; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. In addition, this segment offers integrated exploration, drilling, and production software, as well as related professional and data management services; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and oilfield project management and integrated solutions. Halliburton Company was founded in 1919 and is based in Houston, Texas.

ON Semiconductor Corporation (ON) shares were down in last trading by -1.13% to $13.11. It experienced higher than average volume on day. The stock decreased in value by almost -2.96% over the past week and grew 2.1% in the past month. It is currently trading 6.91% above its 50 day moving average and 22.02% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -3.74% decrease in value from its one year high of $13.62. The RSI indicator value of 55.31, lead us to believe that it is a hold for now.

ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. Its Application Products Group segment provides analog, mixed-signal, and advanced logic application specific integrated circuit and application specific standard product solutions; and solutions for voltage and current options, as well as foundry and manufacturing services, including integrated passive devices technology, integrated circuit (IC) design, packaging, and silicon technology offerings. The company’s Image Sensor Group segment offers complementary metal oxide semiconductor and charge-coupled device image sensors, proximity sensors, and image signal processors. Its Standard Products Group segment provides discrete and integrated semiconductor products that perform application functions, such as power switching, signal conditioning, circuit protection, signal amplification, and voltage reference; and develops lower capacitance protection and integrated signal conditioning products to support data transmission rates, micro packages, and switching and rectification technologies. The company’s System Solutions Group segment supplies analog and mixed signal ICs, digital signal processors, analog and digital tuners, intelligent power modules, and memory and discrete semiconductors. ON Semiconductor Corporation’s devices are used in various end-products, such as automotive electronics, smartphones, media tablets, wearable electronics, computers, servers, industrial building and home automation systems, consumer white goods, imaging systems, LED lighting, power supplies, networking and telecom equipment, medical diagnostics, imaging and hearing health, and sensor networks, as well as the Internet-of-Things. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corp. was founded in 1999 and is headquartered in Phoenix, Arizona.

3D Systems Corporation (DDD) traded within a range of $16.17 to $17.45 after opening the day at $16.18. The company has seen its stock increase in value by 27.92% so far this year. The stock was up close to 5.59% on active volume in last trading session and closed at $17 per share. After the recent gain, the stock is currently holding -13.97% below its 52 week high of $19.76 and 183.33% above its 12-month low of $6.42. The shares are up by over 20.23% in the last three months, and the RSI indicator value of 66.69 is neither bullish nor bearish, tempting investors to stay on the sidelines.

3D Systems Corporation, through its subsidiaries, provides 3D printing products and services worldwide. The company’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, metal, nylon, rubber, wax, and composite materials. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, colorjet printing, and plasticjet printing. The company also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, and Class IV bio-compatible materials. It offers its printers under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, and production machining and inspection. Further, it offers proprietary software and drivers that provide part preparation, part placement, support placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services. It primarily serves companies and small and midsize businesses in a range of industries, including automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy, and healthcare. The company sells its products and services through its direct sales force, resellers, and channel partners and distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.

 

Equities Trend Analysis: Lowe’s Companies, Inc. (LOW), Marathon Oil Corporation (MRO), Uranium Resources, Inc. (URRE)

Lowe’s Companies, Inc. (LOW) grew with the stock adding 0.31% or $0.22 to close at $71.6 on light trading volume of 6.27M compared its three months average trading volume of 6.33M. The Mooresville North Carolina 28117 based company operating under the Home Improvement Stores industry has been trending up for the last 52 weeks, with the shares price now 6.55% up for the period and up by 0.67% so far this year. With price target of $79.79 and a 15.82% rebound from 52-week low, Lowe’s Companies, Inc. has plenty of upside potential, making it a hold with a view buy.

Lowe’s Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, lawn and garden, seasonal living, paint, flooring, millwork, kitchens, outdoor power equipment, and home fashions. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers; and retail customers comprising individual homeowners and renters. As of January 29, 2016, it operated 1,857 home improvement and hardware stores in the United States, Canada, and Mexico. The company also sells its products through online sites comprising Lowes.com, Lowes.ca, and ATGstores.com, as well as through mobile applications. Lowe’s Companies, Inc. was founded in 1946 and is based in Mooresville, North Carolina.

Marathon Oil Corporation (MRO) had a active trading with around 6.27M shares changing hands compared to its three month average trading volume of 15.52M. The stock traded between $17.21 and $17.5 before closing at the price of $17.27 with -0.35% change on the day. The Houston Texas 77056 based company is currently trading 169.67% above its 52 week low of $6.52 and -10.43% below its 52 week high of $19.28. Both the RSI indicator and target price of  and $20.18 respectively, lead us to believe that it could rise over the coming weeks.

Marathon Oil Corporation operates as an energy company. It operates through three segments: North America E&P, International E&P, and Oil Sands Mining. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America. The International Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea. The Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta and Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. As of December 31, 2015, it had rights to participate in developed and undeveloped leases totaling approximately 32,000 net acres. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

Uranium Resources, Inc. (URRE) saw its value increase by 27.62% as the stock gained $0.58 to finish the day at a closing price of $2.68. The stock was higher in trading and has fluctuated between $0.97-$4.92 per share for the past year. The shares are up by 107.75% in the past three months and up by 74.03% over the past six months. It is currently trading 50.99% above its 20 day moving average and 78.03% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $3.25 a share over the next twelve months. The current relative strength index (RSI) reading is 62.77.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Uranium Resources, Inc. explores for, develops, and produces uranium. The company has in-situ recovery (ISR) projects and two licensed processing facilities. It owns and operates the Temrezli ISR project in Central Turkey; and controls exploration properties under nine exploration and operating licenses covering approximately 32,000 acres with various exploration targets, including the Sefaatli project. The company also holds interest in approximately 190,000 acres of mineral holdings in the prolific Grants Mineral Belt of the State of New Mexico; and 14,000 acres in the South Texas uranium province. In addition, it holds an agreement to acquire certain placer mining claims in the Sal Rica lithium brine project that covers an area of approximately 9,800 acres located in the Pilot Valley region of northwestern Utah. Uranium Resources, Inc. was founded in 1977 and is based in Centennial, Colorado.

 

3 Trending Stocks: MetLife, Inc. (MET), Teladoc, Inc. (TDOC), Memorial Production Partners LP (MEMP)

MetLife, Inc. (MET) failed to extend gains with the stock declining -0.07% or $-0.04 to close the day at $54.02 on light trading volume of 4.82M shares, compared to its three month average trading volume of 6.48M. The New York New York 10166 based company has been outperforming the life insurance group over the past 52 weeks, with the stock gaining 32.65%, compared to the industry which has advanced 28.85% over the same period. With RSI of 47.28, the stock should still continue to rise and get closer to its one year target estimate of $60.46, making it a hold for now.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, including private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also offers group insurance products, such as variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and worksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products comprising guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets; and structured settlements and products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. It serves individuals and corporations, as well as other institutions and their employees. The company sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. MetLife, Inc. was founded in 1863 and is based in New York, New York.

Teladoc, Inc. (TDOC) climbed 8.24% during last trading as the stock added $1.4 to finish the day at $18.4 with about 4.81M shares changing hands, compared to its three month average trading volume of 366.59K. The $826.16M market cap company, which fluctuated between $17.85 and $19.3 during the day, currently situated 102.64% above its 52 week low of $9.08 and -5.59% away from its one year high of $19.53. The RSI of 60.38 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Teladoc, Inc. provides telehealth services to its members and their customers in the United States. Its solution connects consumers with its physicians and behavioral health professionals that treat a range of conditions and cases, including acute diagnoses, such as upper respiratory infection, urinary tract infection, and sinusitis; dermatological conditions; anxiety; and smoking cessation. The company offers its services through mobile devices, the Internet, video, and phone. Teladoc, Inc. was founded in 2002 and is based in Purchase, New York.

Memorial Production Partners LP (MEMP) saw its value decrease by -12.93% as the stock dropped $-0.03 to finish the day at a closing price of $0.24. The stock was higher in trading and has fluctuated between $0.123-$3.21 per share for the past year. The shares are down by -84.33% in the past three months and down by -85.87% over the past six months. It is currently trading 4.49% above its 20 day moving average and -37.11% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $0 a share over the next twelve months. The current relative strength index (RSI) reading is 47.21. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

 

Trader Alert: The TJX Companies, Inc. (TJX), Marathon Petroleum Corporation (MPC), Zynga Inc. (ZNGA)

The TJX Companies, Inc. (TJX) retreated with the stock falling -2.09% or $-1.6 to close at $75.08 on active trading volume of 4.2M compared its three months average trading volume of 3.27M. The Framingham Massachusetts 01701 based company operating under the Department Stores industry has been trending up for the last 52 weeks, with the shares price now 12.79% up for the period and down by -0.07% so far this year. With price target of $84 and a 15.9% rebound from 52-week low, The TJX Companies, Inc. has plenty of upside potential, making it a hold with a view buy.

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

Marathon Petroleum Corporation (MPC) dropped $-0.53 to close the day at a new closing price of $48.37, a -1.08% decrease in value from its previous closing price that moved the stock 71.55% above its 52 week low of $29.24. A total of 4.19M shares exchanged hands during the day compared with its three month average trading volume of 6.47M. The stock, which fluctuated between $47.93 and $49.02 during the day, currently situated -11.39% below its 52 week high. The stock is down by -3.47% in the past one month and up by 14.13% over the past three months. With a one year target estimate of $62 and RSI of 47.26, the stock still has upside potential, making it a hold for now.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

Zynga Inc. (ZNGA) shares were up in last trading by 0.77% to $2.63. It experienced lighter than average volume on day. The stock decreased in value by almost 0% over the past week and fell -4.71% in the past month. It is currently trading -4.8% below its 50 day moving average and -2.69% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -14.61% decrease in value from its one year high of $3.08. The RSI indicator value of 45.42, lead us to believe that it is a hold for now.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, North America, Asia, and the European Union. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. The company’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com. It also provides advertising services to advertising agencies and brokers. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

 

Investor’s Alert: D.R. Horton, Inc. (DHI), Western Digital Corporation (WDC), The Gap, Inc. (GPS)

D.R. Horton, Inc. (DHI) continued its downward trend with the stock declining -1.72% or $-0.49 to close the day at $28.01 on lower than average trading volume of 4.12M shares, compared to its three month average trading volume of 4.67M. The Fort Worth Texas 76102 based company has been outperforming the residential construction companies by -4.4176% for last three months and its recent losses have trimmed gains to 2.49% YTD, versus the residential construction industry which is up 0.97% for the same period. The RSI of 46.87 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

D.R. Horton, Inc. operates as a homebuilding company. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 78 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Regent Homes, Crown Communities, and Pacific Ridge Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums. It is also involved in the origination and sale of mortgages; and provision of title insurance policies, and examination and closing services. The company primarily serves title insurance agents, homebuyers, and homebuilding customers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Fort Worth, Texas.

Western Digital Corporation (WDC) had a light trading with around 4.12M shares changing hands compared to its three month average trading volume of 4.28M. The stock traded at the price of $71.67 with -2.14% change on the day. The Irvine California 92612 based company is currently trading 110.45% above its 52 week low of $34.99 and -2.45% below its 52 week high of $73.47. Both the RSI indicator and target price of 62.29 and $79.02 respectively, lead us to believe that it should be put on hold over the coming weeks.

Western Digital Corporation, together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide. It offers performance hard disk drives (HDDs) that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models, as well as for use in storage of data for years; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are designed to enhance the performance in various enterprise workload environments. The company also provides InfiniFlash System, a system solution that offers petabyte scalable capacity with performance metrics; higher value data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop PCs, notebook PCs, gaming consoles, set top boxes, security surveillance systems, and other computing devices. In addition, it offers embedded NAND-flash storage products, including custom embedded solutions; and iNAND embedded flash products, such as multi-chip package solutions that combine NAND and mobile dynamic random-access memory in an integrated package for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as in automotive and connected home applications, and NAND-flash wafers. Further, it provides HDDs embedded into WD- and HGST-branded external storage products; and NAND-flash products, which include cards, universal serial bus flash drives, and wireless drives. Additionally, the company licenses its technologies. The company sells its products under the HGST, SanDisk, and WD brands to original equipment manufacturers (OEMs), distributors, resellers, cloud infrastructure players, and retailers. It serves storage subsystem suppliers, OEMs, Internet and social media infrastructure players, and PC and Mac OEMs. The company was founded in 1970 and is headquartered in Irvine, California.

The Gap, Inc. (GPS) traded within a range of $23.77 to $24.25 after opening the day at $24.05. The company has seen its stock increase in value by 6.37% so far this year. The stock was down close to -0.42% on light volume in last trading session and closed at $23.87 per share. After the recent fall, the stock is currently holding -21.55% below its 52 week high of $30.74 and 44.9% above its 12-month low of $17. The shares are down by over -6.93% in the last three months, and the RSI indicator value of 43.62 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. The company provides apparel, eyewear, jewelry, shoes, handbags, and fragrances; and performance and lifestyle apparel for use in yoga, strength training, and running, as well as seasonal sports, including skiing and tennis. The Gap, Inc. offers its products through company-operated stores, franchise stores, Websites, e-commerce and social media sites, and catalogs. The company has franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, and Old Navy stores in Asia, Australia, Europe, Latin America, the Middle East, and Africa. As of November 17, 2016, it operated 3,300 company-operated stores and 450 franchise stores. The company was founded in 1969 and is headquartered in San Francisco, California.

 

Stocks on the Move: LKQ Corporation (LKQ), Cypress Semiconductor Corporation (CY), Under Armour, Inc. (UA)

LKQ Corporation (LKQ) failed to extend gains with the stock declining -1.22% or $-0.39 to close the day at $31.48 on active trading volume of 3.89M shares, compared to its three month average trading volume of 1.93M. The Chicago Illinois 60661 based company has been outperforming the auto parts group over the past 52 weeks, with the stock gaining 20.8%, compared to the industry which has advanced 32.88% over the same period. With RSI of 47.01, the stock should still continue to rise and get closer to its one year target estimate of $39.18, making it a hold for now.

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the United States, the United Kingdom, and internationally. It operates in five segments: Wholesale – North America; Europe; Specialty; Glass; and Self Service. The company distributes various products, including aftermarket collision and mechanical products; recycled collision and mechanical products; and refurbished collision products, including wheels, bumper covers and lights, and remanufactured engines. It also offers recycled products, such as engines, transmissions, and door assemblies; sheet metal products comprising trunk lids, fenders and hoods, lights, and bumper assemblies; and refurbish products consisting of wheels, lights, plastic bumpers, and chrome bumpers, as well as heavy-duty truck products. In addition, the company sells scrap metal and other materials to recyclers; and extracts and sells the precious metals contained in various of recycled parts, such as catalytic converters. Further, it sells parts from older cars and light-duty trucks directly to consumers; and operates self service retail facilities that sell recycled automotive products from end-of-life-vehicles under the LKQ Pick Your Part name. Additionally, the company distributes and markets trucks and off-roads; speed and performance, and towing equipment and accessories; recreational vehicles; wheels, tires, and performance handling products; and miscellaneous accessories. It also manufactures and distributes automotive glass products; and distributes specialty vehicle aftermarket products and accessories. It primarily serves collision and mechanical repair shops, new and used car dealerships, metal recyclers, and specialty vehicle retailers and equipment installers, as well as retail customers. The company was founded in 1998 and is headquartered in Chicago, Illinois.

Cypress Semiconductor Corporation (CY) fell -1.76% during last trading as the stock lost $-0.2 to finish the day at $11.18 with about 3.88M shares changing hands, compared to its three month average trading volume of 5.06M. The $3.56B market cap company, currently situated 85.42% above its 52 week low of $6.3 and -8.71% away from its one year high of $12.48. The RSI of 46.23 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.

Under Armour, Inc. (UA) saw its value decrease by -0.36% as the stock dropped $-0.09 to finish the day at a closing price of $25.26. The stock was lighter in trading and has fluctuated between $23.51-$46.53 per share for the past year. The shares, which traded within a range of $24.9 to $25.74 during the day, are down by -34.05% in the past three months and down by -40.09% over the past six months. It is currently trading -2.9% below its 20 day moving average and -11.2% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $44 a share over the next twelve months. The current relative strength index (RSI) reading is 34.08. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Under Armour, Inc. together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes. It provides various footwear products, including football, baseball, lacrosse, softball and soccer cleats, slides, performance training, running, basketball, and outdoor footwear. The company also offers accessories, which include headwear, bags, and gloves; and digital fitness platform licenses and subscriptions, as well as digital advertising, as well as licenses its brands. It primarily provides its products under the UA Logo, UNDER ARMOUR, UA, ARMOUR, HEATGEAR, COLDGEAR, ALLSEASONGEAR, PROTECT THIS HOUSE, and I WILL, as well as ARMOURBITE, ARMOURSTORM, ARMOUR FLEECE, and ARMOUR BRA trademarks. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through a network of brand and factory house stores, and Website. Under Armour, Inc. was founded in 1996 and is headquartered in Baltimore, Maryland.

 

Stocks Trending Alert: Laredo Petroleum, Inc. (LPI), Nordstrom, Inc. (JWN), Plug Power Inc. (PLUG)

Laredo Petroleum, Inc. (LPI) saw its value decrease by -0.75% as the stock dropped $-0.1 to finish the day at a closing price of $13.32. The stock was higher in trading and has fluctuated between $3.9-$16.47 per share for the past year. The shares, which traded within a range of $13.16 to $13.63 during the day, are up by 1.52% in the past three months and up by 34.55% over the past six months. It is currently trading -6.8% below its 20 day moving average and -6.38% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $14.87 a share over the next twelve months. The current relative strength index (RSI) reading is 38.56.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Laredo Petroleum, Inc. operates as an independent energy company in the United States. It focuses on the acquisition, exploration, and development of oil and natural gas properties, as well as the transportation of oil and natural gas primarily in the Permian Basin in West Texas. As of December 31, 2015, it had interests in the 135,408 net acres in the Permian Basin; and had total proved reserves of 125,698 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was founded in 2006 and is headquartered in Tulsa, Oklahoma.

Nordstrom, Inc. (JWN) shares were down in last trading by -3.11% to $42.93. It experienced higher than average volume on day. The stock decreased in value by almost -4.39% over the past week and fell -14.96% in the past month. It is currently trading -18.85% below its 50 day moving average and -10.21% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -31.22% decrease in value from its one year high of $62.82. The RSI indicator value of 24.19, lead us to believe that it may correct downwards in the near term.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; and other retail channels, including Trunk Club showrooms and TrunkClub.com, Jeffrey boutiques, and clearance store that operates under the name Last Chance. The Credit segment operates Nordstrom fsb, a federal savings bank, which provides a private label credit card, two Nordstrom VISA credit cards, and a debit card. Its credit and debit cards feature a shopping-based loyalty program. As of January 12, 2017, the company operated 349 stores in 40 states, including 123 full-line stores in the United States, Canada, and Puerto Rico; 215 Nordstrom Rack stores; 2 Jeffrey boutiques; and 2 clearance stores. Nordstrom, Inc. also sells its products through catalogs. The company was founded in 1901 and is based in Seattle, Washington.

Plug Power Inc. (PLUG) opening the day at $1.22. The company has seen its stock decrease in value by -1.67% so far this year. The stock was down close to -4.07% on active volume in last trading session and closed at $1.18 per share. After the recent fall, the stock is currently holding -48.25% below its 52 week high of $2.28 and 0% below its 12-month low of $1.18. The shares are down by over -23.38% in the last three months, and the RSI indicator value of 34.76 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States. The company focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. Its product line includes GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and GenFund, which offers financing solutions to customers. The company sells its products to businesses and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

 

Equities Trend Analysis: The AES Corporation (AES), Glu Mobile Inc. (GLUU), Real Goods Solar, Inc. (RGSE)

The AES Corporation (AES) retreated with the stock falling -1.68% or $-0.2 to close at $11.73 on light trading volume of 3.3M compared its three months average trading volume of 5.19M. The Arlington Virginia 22203 based company operating under the Electric Utilities industry has been trending up for the last 52 weeks, with the shares price now 41.64% up for the period and up by 0.95% so far this year. With price target of $12.34 and a 48.54% rebound from 52-week low, The AES Corporation has plenty of upside potential, making it a hold with a view buy.

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels to generate electricity, including natural gas, coal, hydro, wind, energy storage, oil, diesel, petroleum coke, biomass, landfill gas, and solar. The company owns and/or operates a generation portfolio of approximately 29,352 megawatts. It has operations in the United States, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was founded in 1981 and is headquartered in Arlington, Virginia.

Glu Mobile Inc. (GLUU) had a active trading with around 3.28M shares changing hands compared to its three month average trading volume of 2.21M. The stock traded at the price of $2.26 with 0.89% change on the day. The San Francisco California 94105 based company is currently trading 30.64% above its 52 week low of $1.73 and -43.5% below its 52 week high of $4. Both the RSI indicator and target price of  and $2.52 respectively, lead us to believe that it could rise over the coming weeks.

Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, celebrity, sports, and simulation genre mobile games. It creates games based on its own brands, including Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, Tap Sports Baseball, and Tap Sports Football. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, Kendall and Kylie, Katy Perry Pop, James Bond: World of Espionage, Mission Impossible: Rogue Nation, and Sniper X With Jason Statham. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.

Real Goods Solar, Inc. (RGSE) saw its value decrease by -0.79% as the stock dropped $0 to finish the day at a closing price of $0.24. The stock was lighter in trading and has fluctuated between $0.18-$17.6 per share for the past year. The shares are down by -88.5% in the past three months and down by -96.39% over the past six months. It is currently trading -7.65% below its 20 day moving average and -43.89% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $2.66 a share over the next twelve months. The current relative strength index (RSI) reading is 36.03.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction company in the United States. It operates in three segments: Residential, Sunetric, and Other. The company offers solar energy services, including design, procurement, permitting, build-out, grid connection, financing referrals, and warranty and customer satisfaction. It installs residential solar energy systems up to 15 kilowatts (kW) in size; and small commercial solar energy systems up to 500 kW in size for various industries, such as retail, manufacturing, service, and municipal services. The company markets its products and services through an outside sales team, e-sales, and inside sales, customer referral programs, and alliances and channel partnerships, as well as online. Real Goods Solar, Inc. was founded in 1978 and is headquartered in Louisville, Colorado.