Mark Elwood

Stocks in the Spotlight: Whole Foods Market, Inc. (WFM), E*TRADE Financial Corporation (ETFC), Opko Health, Inc. (OPK)

Whole Foods Market, Inc. (WFM) had a light trading with around 2.94M shares changing hands compared to its three month average trading volume of 4.93M. The stock traded between $30.74 and $31.21 before closing at the price of $31.21 with 0.74% change on the day. The Austin Texas 78703 based company is currently trading 13.85% above its 52 week low of $27.67 and -11.08% below its 52 week high of $35.58. Both the RSI indicator and target price of 54.01 and $29.94 respectively, lead us to believe that it should be put on hold over the coming weeks.

Whole Foods Market, Inc. operates natural and organic foods supermarkets. Its stores offers produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods. As of November 2, 2016, the company operated 464 stores in the United States, Canada, and the United Kingdom. Whole Foods Market, Inc. was founded in 1978 and is headquartered in Austin, Texas.

E*TRADE Financial Corporation (ETFC) managed to rebound with the stock climbing 1.68% or $0.6 to close the day at $36.37 on light trading volume of 2.93M shares, compared to its three month average trading volume of 3.15M. The New York New York 10020 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 46.59%, compared to the industry which has advanced 48.35% over the same period. With RSI of 57.54, the stock should still continue to rise and get closer to its one year target estimate of $39.59, making it 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.

Opko Health, Inc. (OPK) shares were up in last trading by 0.56% to $8.98. It experienced lighter than average volume on day. The stock decreased in value by almost -4.16% over the past week and fell -24.54% in the past month. It is currently trading -13.82% below its 50 day moving average and -11.11% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -26.09% decrease in value from its one year high of $12.15. The RSI indicator value of 33.32, lead us to believe that it is a hold for now.

OPKO Health, Inc., a biopharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies in the United States, Ireland, Chile, Spain, Israel, and Mexico. Its diagnostics business operates Bio-Reference Laboratories, a clinical laboratory that offers comprehensive laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases, including esoteric testing, molecular diagnostics, anatomical pathology, genetics, women’s health, and correctional healthcare to physician offices, clinics, hospitals, employers, and governmental units. The Bio-Reference Laboratories also provides core genetic testing and leverages products, such as the 4Kscore prostate cancer test and the Claros 1 in-office immunoassay platform. The company’s pharmaceutical segment features Rayaldee, a treatment for secondary hyperparathyroidism in stage 3-4 chronic kidney disease patients with vitamin D deficiency and VARUBI for chemotherapy-induced nausea and vomiting. Its biologics business engages in developing and commercializing hGH-CTP, a recombinant human growth hormone product under development for the treatment of growth hormone deficiency, and developing Factor VIIa drug for hemophilia using the carboxl terminal peptide technology. The company was incorporated in 1991 and is headquartered in Miami, Florida.

 

Worth Watching Stocks: L Brands, Inc. (LB), HCA Holdings, Inc. (HCA), Patterson-UTI Energy, Inc. (PTEN)

L Brands, Inc. (LB) saw its value increase by 1.19% as the stock gained $0.73 to finish the day at a closing price of $61.87. The stock was higher in trading and has fluctuated between $60-$97.35 per share for the past year. The shares, which traded within a range of $60.15 to $61.95 during the day, are down by -13.61% in the past three months and down by -10.51% over the past six months. It is currently trading -4.72% below its 20 day moving average and -9.13% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $68.92 a share over the next twelve months. The current relative strength index (RSI) reading is 34.56.The technical indicator lead us to believe there will be no major movement any time soon, hold.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

HCA Holdings, Inc. (HCA) shares were down in last trading by -1.48% to $79.73. It experienced lighter than average volume on day. The stock increased in value by almost 1.87% over the past week and grew 7.08% in the past month. It is currently trading 7.62% above its 50 day moving average and 3.73% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.73% decrease in value from its one year high of $83.69. The RSI indicator value of 65.63, lead us to believe that it is a hold for now.

HCA Holdings, Inc., through its subsidiaries, provides health care services in the United States. It operates general, acute care hospitals that offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services. The company also operates psychiatric hospitals, which provide therapeutic programs comprising child, adolescent and adult psychiatric care, adult and adolescent alcohol and drug abuse treatment, and counseling. In addition, it operates outpatient health care facilities consisting of freestanding ambulatory surgery centers, freestanding emergency care facilities, urgent care facilities, walk-in clinics, diagnostic and imaging centers, rehabilitation and physical therapy centers, radiation and oncology therapy centers, physician practices, and various other facilities. As of December 31, 2015, the company operated 164 general, acute care hospitals with 43,275 licensed beds; 3 psychiatric hospitals with 396 licensed beds; and 1 rehabilitation hospital, as well as 116 freestanding surgery centers. HCA Holdings, Inc. was founded in 1968 and is headquartered in Nashville, Tennessee.

Patterson-UTI Energy, Inc. (PTEN) traded within a range of $27.36 to $28.02 after opening the day at $27.69. The company has seen its stock increase in value by 2.19% so far this year. The stock was down close to -1.47% on light volume in last trading session and closed at $27.51 per share. After the recent fall, the stock is currently holding -6.94% below its 52 week high of $29.56 and 153.52% above its 12-month low of $11.28. The shares are up by over 16.01% in the last three months, and the RSI indicator value of 53.02 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas. The Contract Drilling segment markets its contract drilling services primarily in Texas, New Mexico, Louisiana, Colorado, Wyoming, North Dakota, Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. As of December 31, 2015, this segment had a drilling fleet of 221 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, as well as hydraulic and nitrogen fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Oil and Natural Gas segment owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

 

Eye Catching Stocks: Radian Group Inc. (RDN), Infinity Pharmaceuticals, Inc. (INFI), F.N.B. Corporation (FNB)

Radian Group Inc. (RDN) managed to rebound with the stock climbing 2.54% or $0.45 to close the day at $18.16 on active trading volume of 2.82M shares, compared to its three month average trading volume of 2.71M. The Philadelphia Pennsylvania 19103 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 63.61%, compared to the industry which has advanced 25.57% over the same period. With RSI of 61.66, the stock should still continue to rise and get closer to its one year target estimate of $20.05, making it a hold for now.

Radian Group Inc., through its subsidiaries, provides mortgage and real estate products and services in the United States. It operates through two segments, Mortgage Insurance, and Mortgage and Real Estate Services (Services). The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance that protects mortgage lenders from all or a portion of default-related losses on residential mortgage loans made to home buyers, as well as facilitates the sale of these mortgage loans in the secondary mortgage market. It offers primary mortgage insurance coverage on residential first-lien mortgage loans. This segment primarily serves mortgage bankers, mortgage brokers, commercial banks, savings institutions, credit unions, and community banks. The Services segment provides outsourced services, information-based analytics, and specialty consulting services for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities, and other asset-backed securities. This segment offers loan review and due diligence, monitoring of mortgage servicer and loan performance, valuation and component services, real estate owned asset management services, and outsourced mortgage services. Radian Group Inc. was founded in 1977 and is headquartered in Philadelphia, Pennsylvania.

Infinity Pharmaceuticals, Inc. (INFI) climbed 3.61% during last trading as the stock added $0.06 to finish the day at $1.72 with about 2.78M shares changing hands, compared to its three month average trading volume of 613.75K. The $85.28M market cap company, which fluctuated between $1.65 and $1.81 during the day, currently situated 104.76% above its 52 week low of $0.84 and -75.67% away from its one year high of $7.07. The RSI of 70.35 indicates the stock is overbought at the current levels, sell for now.

Infinity Pharmaceuticals, Inc., a drug discovery and development company, discovers, develops, and delivers medicines to patients with difficult-to-treat diseases. Its lead product candidate includes IPI-145, an oral inhibitor of the delta and gamma isoforms of phosphoinositide-3-kinase (PI3K) for the treatment of hematologic malignancies. The company is developing DYNAMO, which is in Phase II study to evaluate the safety and efficacy of IPI-145 dosed at 25 mg; CONTEMPO that is in the Phase Ib/II study of IPI-145 in combination with obinutuzumab or rituximab in patients with untreated follicular lymphoma; BRAVURA, which is in Phase III study to evaluate the safety and efficacy of IPI-145 plus rituximab and bendamustine; and FRESCO that is in Phase II study to evaluate the safety and efficacy of IPI-145 plus rituximab. It is also developing DYNAMO+R, which is in Phase III randomized study to evaluate IPI-145 dosed at 25 mg in combination with rituximab, a monoclonal antibody treatment; DUO that is in randomized Phase III monotherapy study evaluating IPI-145 dosed at 25 mg in patients with relapsed or refractory chronic lymphocytic leukemia (CLL); and SYNCHRONY, which is in the Phase Ib study of IPI-145 in combination with obinutuzumab in CLL patients. In addition, the company is conducting a Phase Ib/II trial of IPI-145 in combination with venetoclax, a B-cell lymphoma 2 inhibitor; and developing IPI-549 that is in Phase I study for patients with various solid tumors, including melanoma and non-small cell lung cancer. The company has collaboration and license agreement with AbbVie Inc. to develop and commercialize IPI-145 in oncology; and development and license agreement with Intellikine, Inc. to discover, develop, and commercialize pharmaceutical products targeting the delta and/or gamma isoforms of PI3K. Infinity Pharmaceuticals, Inc. is headquartered in Cambridge, Massachusetts.

F.N.B. Corporation (FNB) saw its value increase by 0.73% as the stock gained $0.11 to finish the day at a closing price of $15.27. The stock was higher in trading and has fluctuated between $11.16-$16.43 per share for the past year. The shares, which traded within a range of $15.03 to $15.28 during the day, are up by 26.6% in the past three months and up by 17.94% over the past six months. It is currently trading -4.41% below its 20 day moving average and -0.07% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $16.57 a share over the next twelve months. The current relative strength index (RSI) reading is 41.74. The technical indicator lead us to believe there will be no major movement any time soon, hold.

F.N.B. Corporation, a financial holding company, provides a range of financial services to consumers, corporations, governments, and small- to medium-sized businesses primarily in Pennsylvania, eastern Ohio, and northern West Virginia. It operates through four segments: Community Banking, Wealth Management, Insurance, and Consumer Finance. The Community Banking segment offers various deposit products, such as commercial and individual demand, savings, and time deposit accounts; and commercial, mortgage, and individual installment loans. The Wealth Management segment provides a range of personal and corporate fiduciary services, including the administration of decedent and trust estates; investment products and services for customers through a networking relationship with a third-party licensed brokerage firm; and investment programs consisting of mutual funds, annuities, stocks, and bonds for individuals, corporations, and retirement funds, as well as community banking customers. The Insurance segment operates as a full-service insurance brokerage agency that offers commercial and personal insurance products through various carriers to businesses and individuals; acts as a reinsurer to underwrite credit life, and accident and health insurance products; and provides title insurance products. The Consumer Finance segment is primarily involved in making personal installment loans to individuals; and purchasing installment sales finance contracts from retail merchants. The company also offers mezzanine financing options for small-to medium-sized businesses; and new or used equipment commercial loans and leasing services. As of December 31, 2015, it had 288 community banking offices in Pennsylvania, Ohio, Maryland, and West Virginia; and 76 consumer finance offices in Pennsylvania, Ohio, Tennessee, and Kentucky. F.N.B. Corporation was founded in 1974 and is headquartered in Pittsburgh, Pennsylvania.

 

Stocks in the Spotlight: DENTSPLY SIRONA Inc. (XRAY), Forest City Realty Trust, Inc (FCE-A), Conagra Brands, Inc. (CAG)

DENTSPLY SIRONA Inc. (XRAY) had a active trading with around 2.61M shares changing hands compared to its three month average trading volume of 1.53M. The stock traded at the price of $56.55 with -2.78% change on the day. The York Pennsylvania 17405 based company is currently trading 6.39% above its 52 week low of $53.43 and -13.76% below its 52 week high of $65.83. Both the RSI indicator and target price of 35.77 and $68 respectively, lead us to believe that it should be put on hold over the coming weeks.

DENTSPLY International Inc. designs, develops, manufactures, and markets various consumable dental products for the professional dental market in the United States and internationally. The company provides dental consumable products, including dental anesthetics, prophylaxis paste, dental sealants, impression materials, restorative materials, tooth whiteners, and topical fluoride; and small equipment products comprising dental handpieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers. It also offers dental laboratory products, such as dental prosthetics that include artificial teeth, precious metal dental alloys, dental ceramics, and crown and bridge materials, as well as computer aided design and machining ceramic systems, and porcelain furnaces. In addition, the company provides dental specialty products, which include endodontic instruments and materials, implants and related products, 3D digital scanning and treatment planning software, and dental and orthodontic appliances and accessories. Further, it offers consumable medical device products, such as urology catheters, various surgical products, medical drills, and other products. The company markets and sells its dental products through distributors, dealers, and importers to dentists, dental hygienists, dental assistants, dental laboratories, and dental schools; and medical products directly, as well as through distributors to urologists, urology nurses, and general practitioners. DENTSPLY International Inc. was founded in 1899 and is headquartered in York, Pennsylvania.

Forest City Realty Trust, Inc (FCE-A) failed to extend gains with the stock declining -0.64% or $-0.14 to close the day at $21.76 on active trading volume of 2.61M shares, compared to its three month average trading volume of 2.11M. The company has been outperforming the property management group over the past 52 weeks, with the stock gaining 12.22%, compared to the industry which has advanced 1.77% over the same period. With RSI of 69.08, the stock should still continue to rise and get closer to its one year target estimate of $24.7, making it a hold for now.

Forest City Realty Trust, Inc is a real estate investment trust. It was formerly known as Forest City Enterprises, Inc. Forest City Realty Trust, Inc was founded in 1920 and is headquartered in Cleveland, Ohio.

Conagra Brands, Inc. (CAG) shares were up in last trading by 0.28% to $38.72. It experienced lighter than average volume on day. The stock increased in value by almost 1.12% over the past week and grew 0.78% in the past month. It is currently trading 2.4% above its 50 day moving average and 6.98% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.13% decrease in value from its one year high of $39.97. The RSI indicator value of 53.76, lead us to believe that it is a hold for now.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

 

Momentum Stocks: Weyerhaeuser Co. (WY), United Technologies Corporation (UTX), PDL BioPharma, Inc. (PDLI)

Weyerhaeuser Co. (WY) retreated with the stock falling -0.33% or $-0.1 to close at $30.5 on light trading volume of 2.6M compared its three months average trading volume of 3.85M. The Federal Way Washington 98003 based company operating under the Lumber, Wood Production industry has been trending up for the last 52 weeks, with the shares price now 24.77% up for the period and up by 1.36% so far this year. With price target of $34.88 and a 44.06% rebound from 52-week low, Weyerhaeuser Co. has plenty of upside potential, making it a hold with a view buy.

Weyerhaeuser Co. is a real estate investment trust. It primarily invests in United States. The firm operates under four business segments, timberlands, wood products, cellulose fibers and real estate. It owns timberlands primarily in the U.S and has long-term licenses in Canada. The firm manufactures wood and specialty cellulose fibers products, and develops real estate, primarily as a builder of single-family homes. Weyerhaeuser Co was founded in 1900 and is based in Seattle, Washington.

United Technologies Corporation (UTX) had a light trading with around 2.6M shares changing hands compared to its three month average trading volume of 3.26M. The stock traded between $109.82 and $110.89 before closing at the price of $110.42 with 0.41% change on the day. The Farmington Connecticut 06032 based company is currently trading 35.94% above its 52 week low of $83.85 and -2.14% below its 52 week high of $112.83. Both the RSI indicator and target price of  and $116.47 respectively, lead us to believe that it could rise over the coming weeks.

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

PDL BioPharma, Inc. (PDLI) saw its value increase by 4.44% as the stock gained $0.1 to finish the day at a closing price of $2.35. The stock was lighter in trading and has fluctuated between $1.93-$3.84 per share for the past year. The shares are down by -25.63% in the past three months and down by -31.69% over the past six months. It is currently trading 7.97% above its 20 day moving average and -5.49% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $3.67 a share over the next twelve months. The current relative strength index (RSI) reading is 52.23.The technical indicator lead us to believe there will be no major movement any time soon, hold.

PDL BioPharma, Inc. manages a portfolio of patents and royalty assets in the United States and Europe. The company is involved in the humanization of monoclonal antibodies and the discovery of a new generation of targeted treatments for cancer and immunologic diseases. It offers Queen et al. patents that cover humanized antibodies, methods for humanizing antibodies, polynucleotide encoding in humanized antibodies, and methods of producing humanized antibodies. PDL BioPharma, Inc. has license agreements with various biotechnology and pharmaceutical companies, as well as acquires royalty and other assets. The company was formerly known as Protein Design Labs, Inc. and changed its name to PDL BioPharma, Inc. in 2006. PDL BioPharma, Inc. was founded in 1986 and is headquartered in Incline Village, Nevada.

 

Stocks To Watch: Honeywell International Inc. (HON), Quanta Services, Inc. (PWR), Rowan Companies plc (RDC)

Honeywell International Inc. (HON) traded within a range of $117.21 to $118.3 after opening the day at $117.52. The company has seen its stock increase in value by 1.91% so far this year. The stock was up close to 0.71% on light volume in last trading session and closed at $118.06 per share. After the recent gain, the stock is currently holding -0.55% below its 52 week high of $120.02 and 28.77% above its 12-month low of $95.89. The shares are up by over 9.92% in the last three months, and the RSI indicator value of 59.27 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors, as well as spare parts, and repair and maintenance services for the aftermarket. This segment also provides auxiliary power units; propulsion engines; environmental control, connectivity, electric power, flight safety, communication, navigation, radar, surveillance, and thermal systems; engine controls; aircraft lighting products, as well as wheels and brakes; advanced systems and instruments; and turbochargers, as well as management, technical, logistics, repair, and overhaul services to original equipment manufacturers in the air transport, regional, business, and general aviation aircraft; and automotive and truck manufacturers. The company’s Home and Building Technologies segment offers environmental and energy, security and fire, and building solutions. Its Safety and Productivity Solutions segment provides sensing and productivity Solutions, and industrial safety products. Its Performance Materials and Technologies segment provides catalysts and adsorbents; equipment and consulting services for the petroleum refining, gas processing, petrochemical, and other industries; and automation control, instrumentation, software, and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, metals, minerals, and mining industries. It also offers fluorocarbons, hydrofluoroolefins, caprolactam, resins, ammonium sulfate fertilizers, phenol, specialty films, waxes, additives, fibers, research chemicals and intermediates, and electronic materials and chemicals. The company was founded in 1920 and is based in Morris Plains, New Jersey.

Quanta Services, Inc. (PWR) managed to rebound with the stock climbing 0.41% or $0.14 to close the day at $34.28 on active trading volume of 2.3M shares, compared to its three month average trading volume of 2.1M. The Houston Texas 77056 based company has been outperforming the general contractors group over the past 52 weeks, with the stock gaining 95.33%, compared to the industry which has advanced 45.54% over the same period. With RSI of 48.42, the stock should still continue to rise and get closer to its one year target estimate of $34.85, making it a hold for now.

Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. The company operates through two segments, Electric Power Infrastructure Services and Oil and Gas Infrastructure Services. The company’s Electric Power Infrastructure Services segment provides network solutions comprising design, installation, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure, and substation facilities. It also provides emergency restoration services, including the repair of infrastructure. In addition, this segment designs, installs, and maintains renewable energy generation facilities comprising solar, wind, and various types of natural gas generation facilities, as well as related switchyards and transmission infrastructure to transport power; and commercial and industrial wiring. Further, it installs traffic networks; cable and control systems for light rail lines; and ancillary telecommunication infrastructure services. The company’s Oil and Gas Infrastructure Services segment provides network solutions to customers involved in the development and transportation of natural gas, oil, and other pipeline products. Its services include the design, installation, repair, and maintenance of pipeline transmission and distribution systems, gathering systems, production systems, and compressor and pump stations, as well as related trenching, directional boring, and automatic welding services. This segment also provides pipeline protection; integrity testing; rehabilitation and replacement; fabrication of pipeline support systems, and related structures and facilities; and infrastructure services for the offshore and inland water energy markets. In addition, it designs, installs, and maintains fueling systems, as well as water and sewer infrastructure. The company was founded in 1997 and is headquartered in Houston, Texas.

Rowan Companies plc (RDC) dropped $-0.21 to close the day at a new closing price of $19.16, a -1.08% decrease in value from its previous closing price that moved the stock 79.57% above its 52 week low of $10.67. A total of 2.3M shares exchanged hands during the day compared with its three month average trading volume of 3.19M. The stock, which fluctuated between $18.87 and $19.28 during the day, currently situated -11.62% below its 52 week high. The stock is down by -3.82% in the past one month and up by 34.65% over the past three months. With a one year target estimate of $16.65 and RSI of 51.42, the stock still has upside potential, making it a hold for now.

Rowan Companies plc provides offshore oil and gas contract drilling services. It operates a fleet of 31 mobile offshore drilling units, including 27 self-elevating jack-up rigs and 4 ultra-deepwater drillships. The company operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, and Trinidad. Rowan Companies plc was founded in 1923 and is based in Houston, Texas.

 

Stocks in Focus: Church & Dwight Co., Inc. (CHD), Nxt-ID, Inc. (NXTD), DiamondRock Hospitality Company (DRH)

Church & Dwight Co., Inc. (CHD) had a active trading with around 2.3M shares changing hands compared to its three month average trading volume of 1.87M. The stock traded between $44.25 and $44.87 before closing at the price of $44.74 with 0.49% change on the day. The Ewing New Jersey 08628 based company is currently trading 18.23% above its 52 week low of $38.42 and -16.02% below its 52 week high of $53.68. Both the RSI indicator and target price of 53.91 and $46.9 respectively, lead us to believe that it should be put on hold over the coming weeks.

Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products in the United States. It operates through three segments: Consumer Domestic, Consumer International, and Specialty Products Division (SPD). The Consumer Domestic segment offers household products, such as baking soda, carpet and cat litter deodorizers, clumping cat litters, washing soda, fabric softeners, daily shower cleaners, cleaning products, dishwashing detergents and boosters, laundry and cleaning solutions, and bathroom cleaners, as well as powder, liquid, and unit dose laundry detergents; and personal care products comprising toothpastes and oral rinses, home pregnancy and ovulation test kits, deodorants and antiperspirants, toothbrushes, shampoos, dietary supplements, depilatories, lotions, creams, waxes, oral analgesics, nasal saline moisturizers, and feminine hygiene products, as well as condoms, lubricants, and vibrating products. The Consumer International segment sells personal care, household, and over-the-counter products in international markets, such as Canada, France, Australia, China, the United Kingdom, Mexico, and Brazil. The SPD segment offers animal nutrition products, including feed grade sodium bicarbonate, rumen fermentation enhancers, feed grade potassium carbonate, rumen bypass fat and lysine, omega 3 and 6 essential fatty acids, natural sodium sesquicarbonate, and refined functional carbohydrate; and specialty chemicals, such as performance grade sodium bicarbonate, and potassium carbonate and bicarbonate. It also provides specialty cleaners, such as aqueous cleaners and deodorizers for commercial and industrial applications. The company sells its products through supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and pet stores, and other specialty stores, as well as through Websites. Church & Dwight Co., Inc. was founded in 1846 and is headquartered in Ewing, New Jersey.

Nxt-ID, Inc. (NXTD) managed to rebound with the stock climbing 14.98% or $0.4 to close the day at $3.07 on active trading volume of 2.29M shares, compared to its three month average trading volume of 106.53K. The Melbourne Florida 32934 based company has been outperforming the security & protection services group over the past 52 weeks, with the stock gaining 147.58%, compared to the industry which has advanced 36.57% over the same period. With RSI of 56.82, the stock should still continue to rise and get closer to its one year target estimate of $30, making it a hold for now.

Nxt-ID, Inc., a biometrics and authentication company, focuses on products, solutions, and services for security on mobile devices. The company develops Wocket, a physical electronic wallet that is intended to hold information from credit cards, debit cards, loyalty cards, identification cards, and virtually any magnetic stripe card to allow the owner of the card to configure a single electronic card to replicate any of the copied cards for mobile payments; and MobileBio VoiceMatch, a method of recognizing speakers and specific words providing multi-factor recognition for allowing an individual access to multiple devices. It also offers FaceMatch and SketchArtist, facial recognition products for access control, law enforcement, and travel and immigration. The company intends to serve companies, individuals, law enforcement, the defense industry, and the U.S. Department of Defense. Nxt-ID, Inc. was founded in 2011 and is based in Oxford, Connecticut.

DiamondRock Hospitality Company (DRH) shares were up in last trading by 1.05% to $11.52. It experienced lighter than average volume on day. The stock increased in value by almost 2.58% over the past week and grew 3.99% in the past month. It is currently trading 7.39% above its 50 day moving average and 20.53% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.68% decrease in value from its one year high of $11.96. The RSI indicator value of 59.82, lead us to believe that it is a hold for now.

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.

 

Stocks in the Spotlight: New Residential Investment Corp. (NRZ), Allscripts Healthcare Solutions, Inc. (MDRX), QVC Group (QVCA)

New Residential Investment Corp. (NRZ) had a light trading with around 2.01M shares changing hands compared to its three month average trading volume of 2.37M. The stock traded between $15.81 and $15.99 before closing at the price of $15.9 with -0.19% change on the day. The New York New York 10105 based company is currently trading 100.17% above its 52 week low of $9.69 and -1.79% below its 52 week high of $16.43. Both the RSI indicator and target price of 62.96 and $16.03 respectively, lead us to believe that it should be put on hold over the coming weeks.

New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also acquires and manages a diversified portfolio of credit sensitive real estate securities, such as non-agency and agency residential mortgage backed securities; and acquires residential mortgage loans comprising performing, non-performing, re-performing, and reverse mortgage loans. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally 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 2011 and is based in New York, New York.

Allscripts Healthcare Solutions, Inc. (MDRX) failed to extend gains with the stock declining -0.93% or $-0.11 to close the day at $11.7 on active trading volume of 2M shares, compared to its three month average trading volume of 2.51M. The Chicago Illinois 60654 based company has been underperforming the application software group over the past 52 weeks, with the stock losing -17.89%, compared to the industry which has advanced 16.75% over the same period. With RSI of 63.75, the stock should still continue to rise and get closer to its one year target estimate of $13.68, making it a hold for now.

Allscripts Healthcare Solutions, Inc. provides information technology and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records, connectivity, hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions. The company’s Clinical and Financial Solutions segment provides integrated clinical software applications and financial and information solutions, which primarily include EHR-related, and financial and practice management software solutions, as well as related installation, support and maintenance, outsourcing, hosting, revenue cycle management, training, and electronic claims administration services. Its Population Health segment offers health management and coordinated care solutions that enable hospitals, health systems, accountable care organizations, and other care facilities to connect, transition, analyze, and coordinate care across the entire care community. The company serves physicians, hospitals, governments, health systems, health plans, life-sciences companies, retail clinics, retail pharmacies, pharmacy benefit managers, insurance companies, and employer wellness clinics, as well as post-acute organizations, such as home health and hospice agencies. It has a strategic partnership with Nant Health, LLC. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois.

QVC Group (QVCA) shares were up in last trading by 0.05% to $19.31. It experienced lighter than average volume on day. The stock decreased in value by almost -0.77% over the past week and fell -5.02% in the past month. It is currently trading -4.63% below its 50 day moving average and -14.82% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -29.14% decrease in value from its one year high of $27.25. The RSI indicator value of 36.95, lead us to believe that it is a hold for now.

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.

 

Stocks Under Review: Cerner Corporation (CERN), Sysco Corporation (SYY), First Horizon National Corporation (FHN)

Cerner Corporation (CERN) failed to extend gains with the stock declining -0.48% or $-0.25 to close the day at $52.29 on light trading volume of 3.42M shares, compared to its three month average trading volume of 3.5M. The North Kansas City Missouri 64117 based company has been underperforming the healthcare information services group over the past 52 weeks, with the stock losing -7.27%, compared to the industry which has advanced 6.62% over the same period. With RSI of 67.53, the stock should still continue to rise and get closer to its one year target estimate of $60.34, making it a hold for now.

Cerner Corporation designs, develops, markets, installs, hosts, and supports health care information technology, health care devices, hardware, and content solutions for health care organizations and consumers in the United States and internationally. The company offers Cerner Millennium architecture, which includes clinical, financial, and management information systems that allow providers to access an individual’s electronic health record at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It also provides HealtheIntent platform, a cloud-based platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as assists to enhance outcomes and lower costs. In addition, the company offers a portfolio of clinical and financial health care information technology solutions, as well as departmental, connectivity, population health, and care coordination solutions; and various complementary services, including support, hosting, managed, implementation, and strategic consulting services. Further, it provides various services, such as implementation and training, remote hosting, operational management, revenue cycle, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third party administrator services for employer-based health plans; and complementary hardware and devices for third parties. It serves integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments, and public health organizations. Cerner Corporation was founded in 1979 and is headquartered in North Kansas City, Missouri.

Sysco Corporation (SYY) grew with the stock adding 0.67% or $0.37 to close at $55.25 on light trading volume of 3.41M compared its three months average trading volume of 3.6M. The Houston Texas 77077 based company operating under the Food Wholesale industry has been trending up for the last 52 weeks, with the shares price now 41.83% up for the period and up by 0.39% so far this year. With price target of $54.38 and a 45.92% rebound from 52-week low, Sysco Corporation has plenty of upside potential, making it a hold with a view buy.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Bahamas, Canada, Ireland, Costa Rica, and Mexico. It operates through Broadline, SYGMA, and Other segments. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware consisting of pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. In addition, the company offers specialty meat products, such as custom-cut fresh steaks, other meat, and poultry products; and lodging industry products, including personal care guest amenities, equipment, housekeeping supplies, room accessories, and textiles. It serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues through 200 distribution facilities. The company was founded in 1969 and is headquartered in Houston, Texas.

First Horizon National Corporation (FHN) managed to rebound with the stock climbing 0.36% or $0.07 to close the day at $19.48 on higher than average trading volume of 3.4M shares, compared to its three month average trading volume of 2.26M. The Memphis Tennessee 38103 based company has been outperforming the regional – southeast banks companies by 32.5941% for last three months and its recent gains have offset losses to -2.65% YTD, versus the regional – southeast banks industry which is down -2.25% for the same period. The RSI of 44.51 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

First Horizon National Corporation operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally. The company offers general banking services for consumers, businesses, financial institutions, and governments. It also provides investment, financial planning, trust, asset management, and cash management services. In addition, the company is involved in fixed income securities sales, trading, and strategies for institutional clients; underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of portfolio advisory services. Further, it offers discount brokerage and full-service brokerage services; correspondent banking services; transaction processing services comprising nationwide check clearing and remittance processing services; trust, fiduciary, and agency services; credit card products; equipment finance; and investment and financial advisory services. Additionally, the company engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of December 31, 2015, it had 185 branch locations in 8 states, including 166 branches in Tennessee; 2 branches in northwestern Georgia; 6 branches in northwestern Mississippi; 7 branches in North Carolina; and 1 branch each in Virginia, South Carolina, Florida, and Texas. The company was founded in 1968 and is headquartered in Memphis, Tennessee.

 

3 Notable Runners: Rex Energy Corporation (REXX), Regions Financial Corporation (RF), Sirius XM Holdings Inc. (SIRI)

Rex Energy Corporation (REXX) continued its upward trend with the stock climbing 18.12% or $0.13 to close the day at $0.88 on higher than average trading volume of 20.99M shares, compared to its three month average trading volume of 2.41M. The State College Pennsylvania 16801 based company has been underperforming the oil & gas drilling & exploration companies by 62.9555% for last three months and its recent gains have pushed the stock slightly up 87.23% YTD, versus the oil & gas drilling & exploration industry which is up 5.81% for the same period. The RSI of 85.26 indicates the stock is overbought at the current levels, sell for now.

Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, as well as on developmental oil drilling on its properties in the Illinois Basins. As of December 31, 2015, it had estimated proved reserves of 680.4 billion cubic feet equivalent; and owned interests in approximately 1,819 oil and natural gas wells. Rex Energy Corporation was founded in 2007 and is headquartered in State College, Pennsylvania.

Regions Financial Corporation (RF) had a light trading with around 20.63M shares changing hands compared to its three month average trading volume of 22.78M. The stock traded between $13.65 and $14.04 before closing at the price of $14.03 with 1.81% change on the day. The Birmingham Alabama 35203 based company is currently trading 105.56% above its 52 week low of $7 and -6.03% below its 52 week high of $14.93. Both the RSI indicator and target price of 46.96 and $15.1 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Sirius XM Holdings Inc. (SIRI) traded within a range of $4.54 to $4.6 after opening the day at $4.59. The company has seen its stock increase in value by 3.37% so far this year. The stock was up close to 0.66% on light volume in last trading session and closed at $4.6 per share. After the recent gain, the stock is currently holding -1.39% below its 52 week high of $4.66 and 40.16% above its 12-month low of $3.29. The shares are up by over 12.19% in the last three months, and the RSI indicator value of 54.89 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.