Mark Elwood

Worth Watching Stocks: Spectra Energy Corp (SE), The Williams Companies, Inc. (WMB), QUALCOMM Incorporated (QCOM)

Spectra Energy Corp (SE) saw its value decrease by -0.67% as the stock dropped $-0.28 to finish the day at a closing price of $41.41. The stock was higher in trading and has fluctuated between $27.67-$44 per share for the past year. The shares, which traded within a range of $41.05 to $41.83 during the day, are up by 4.38% in the past three months and up by 17% over the past six months. It is currently trading -0.66% below its 20 day moving average and 0.2% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $43 a share over the next twelve months. The current relative strength index (RSI) reading is 48.06.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, as well as transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of approximately 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has approximately 40,000 miles of main and service pipelines; storage capacity of approximately 163 Bcf; and transmission system of approximately 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, including water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas; produces, fractionates, transports, stores, and sells NGLs; recovers and sells condensate; and trades in and markets natural gas and NGLs. It owns or operates approximately 67,000 miles of gathering and transmission pipeline. The company was incorporated in 2006 and is headquartered in Houston, Texas.

The Williams Companies, Inc. (WMB) shares were down in last trading by -3.45% to $27.99. It experienced higher than average volume on day. The stock decreased in value by almost -2.37% over the past week and fell -1.24% in the past month. It is currently trading -5.83% below its 50 day moving average and 4.9% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -14.38% decrease in value from its one year high of $32.69. The RSI indicator value of 40.98, lead us to believe that it is a hold for now.

The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates through Williams Partners, Williams NGL (natural gas liquids) & Petchem Services, and Other segments. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area. The company also owns and operates a natural gas pipeline system extending from the San Juan basin in northwestern New Mexico and southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington; gulfstream natural gas pipeline system extending from the Mobile Bay area in Alabama to markets in Florida; and constitution pipeline that would connect its gathering system in Susquehanna County, Pennsylvania to the Iroquois Gas Transmission and Tennessee Gas Pipeline systems in New York. In addition, it provides natural gas gathering, treating, processing, and compression; NGL production, fractionation, storage, marketing, and transportation; deepwater production handling and crude oil transportation; and olefin production services, as well as transports and stores natural gas to local natural gas distribution companies, municipal utilities, direct industrial users, electric power generators, and natural gas marketers and producers. Further, the company extracts, fractionates, treats, stores, and sells ethane/ethylene, propane, propylene, normal butane, isobutene, alky feedstock, and condensate. Additionally, it provides construction management services for third parties. As of December 31, 2015, the company owned and operated approximately 13,600 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

QUALCOMM Incorporated (QCOM) traded within a range of $56.44 to $56.9 after opening the day at $56.58. The company has seen its stock decrease in value by -12.76% so far this year. The stock was up close to 0.69% on light volume in last trading session and closed at $56.88 per share. After the recent gain, the stock is currently holding -19.96% below its 52 week high of $71.62 and 29.77% above its 12-month low of $48.76. The shares are down by over -14.15% in the last three months, and the RSI indicator value of 48.45 is neither bullish nor bearish, tempting investors to stay on the sidelines.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Traders Watch list: NetApp, Inc. (NTAP), The Kroger Co. (KR), Coty Inc. (COTY)

NetApp, Inc. (NTAP) saw its value increase by 4.19% as the stock gained $1.63 to finish the day at a closing price of $40.56. The stock was higher in trading and has fluctuated between $22.5-$42.18 per share for the past year. The shares, which traded within a range of $40.36 to $42.18 during the day, are up by 16.94% in the past three months and up by 42.12% over the past six months. It is currently trading 6.3% above its 20 day moving average and 10.31% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $37.04 a share over the next twelve months. The current relative strength index (RSI) reading is 74.83.The technical indicator do not lead us to believe the stock will see more gains any time soon.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers all-flash arrays that support data management across flash, disk, and cloud resources; hybrid arrays to deploy the speed of flash storage; Data ONTAP storage operating system that delivers integrated data protection, comprehensive data management, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; and SANtricity operating system, which provides performance, reliability, and data protection for application-driven workloads. The company also provides SolidFire element operating system optimized for the storage requirements of a data center; NetApp StorageGRID software that allows organizations to store and manage massive amounts of data on premises and in the cloud; and AltaVault cloud-integrated storage solutions and services, which provide the ability to backup data to any cloud. In addition, it offers integrated data protection solutions; OnCommand management software and management integration tools; FlexArray storage virtualization software; and NetApp private storage for cloud, a family of enterprise storage solutions. Further, the company offers software and hardware maintenance, professional, and customer education and training services, as well as support solutions. It serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. The company has a partnership with DarkMatter to jointly develop and deliver secure data storage and big data analytics solutions. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.

The Kroger Co. (KR) shares were up in last trading by 1.28% to $33.94. It experienced higher than average volume on day. The stock increased in value by almost 1.71% over the past week and fell -2.43% in the past month. It is currently trading 0.13% above its 50 day moving average and 1.88% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.87% decrease in value from its one year high of $40.91. The RSI indicator value of 51.98, lead us to believe that it is a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Coty Inc. (COTY) traded within a range of $18.67 to $19.91 after opening the day at $19.83. The company has seen its stock increase in value by 2.08% so far this year. The stock was down close to -5.46% on active volume in last trading session and closed at $18.69 per share. After the recent fall, the stock is currently holding -39.86% below its 52 week high of $31.6 and 4.88% above its 12-month low of $17.94. The shares are up by over 3.05% in the last three months, and the RSI indicator value of 47.02 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Coty Inc., together with its subsidiaries, manufactures, markets, and distributes beauty products worldwide. The company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care, and Brazil Acquisition. It offers fragrances under the Calvin Klein, Marc Jacobs, Davidoff, Chloé, Balenciaga, Beyoncé, Bottega Veneta, Guess?, Katy Perry, Miu Miu, and Roberto Cavalli brand names. The company also provides lip, eye, nail, and facial color products under the Bourjois, Rimmel, Sally Hansen, and OPI brands. In addition, it offers shower gels, deodorants, skin care, and sun treatment products under the adidas, Lancaster, philosophy, and Playboy brand names; and hair straighteners, hair dryers, curlers, and hair brushes; and spray, serum, cream, and foam product lines to curl, fix, protect, shine, straighten, and volumize hair. The company also markets its products under the Astor, Coty, Joop!, Jovan, Manhattan, and N.Y.C. New York Color brands. It sells its products through retailers, including hypermarkets, supermarkets, independent and chain drug stores and pharmacies, upscale perfumeries, upscale and mid-tier department stores, nail salons, specialty retailers, duty-free shops and traditional food, and drug and mass retailers. Coty Inc. was founded in 1904 and is headquartered in New York, New York.

 

Stocks To Watch: Boston Scientific Corporation (BSX), Delta Air Lines, Inc. (DAL), Reynolds American Inc. (RAI)

Boston Scientific Corporation (BSX) traded within a range of $25.13 to $25.52 after opening the day at $25.43. The company has seen its stock increase in value by 17.24% so far this year. The stock was down close to -0.2% on light volume in last trading session and closed at $25.36 per share. After the recent fall, the stock is currently holding -1.13% below its 52 week high of $25.65 and 52.59% above its 12-month low of $16.82. The shares are up by over 19.96% in the last three months, and the RSI indicator value of 74.38 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems. It also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters used to treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; implantable cardiac resynchronization therapy pacemaker systems used to treat heart failure; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising steerable radio frequency ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. Further, it provides products to diagnose and treat diseases of the pulmonary and gastrointestinal conditions; devices to diagnose, treat, and ease pulmonary disease systems within the airway and lungs; products to treat urinary stone disease and benign prostatic hyperplasia; mid-urethral sling products, sling and graft materials, pelvic floor reconstruction kits, and suturing devices; and spinal cord stimulator systems. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

Delta Air Lines, Inc. (DAL) failed to extend gains with the stock declining -0.66% or $-0.34 to close the day at $50.83 on light trading volume of 6.61M shares, compared to its three month average trading volume of 7.63M. The Atlanta Georgia 30354 based company has been outperforming the major airlines group over the past 52 weeks, with the stock gaining 10.87%, compared to the industry which has advanced 18.31% over the same period. With RSI of 58.85, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile applications/Web, telephone reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 2, 2017, the company operated a fleet of approximately 800 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Reynolds American Inc. (RAI) gained $0.28 to close the day at a new closing price of $60.71, a 0.46% increase in value from its previous closing price that moved the stock 41.12% above its 52 week low of $43.38. A total of 6.55M shares exchanged hands during the day compared with its three month average trading volume of 7.46M. The stock, which fluctuated between $60.27 and $60.83 during the day, currently situated -0.33% below its 52 week high. The stock is up by 4.67% in the past one month and up by 14.06% over the past three months. With a one year target estimate of $57.01 and RSI of 71.62, the stock still has upside potential, making it a sell for now.

Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

 

Traders Recap: salesforce.com, inc. (CRM), Alexion Pharmaceuticals, Inc. (ALXN), Colgate-Palmolive Company (CL)

salesforce.com, inc. (CRM) failed to extend gains with the stock declining -1.04% or $-0.85 to close the day at $80.82 on lower than average trading volume of 5.23M shares, compared to its three month average trading volume of 5.77M. The San Francisco California 94105 based company has been outperforming the application software companies by 9.0991% for last three months and its recent gains have pushed the stock slightly up 18.05% YTD, versus the application software industry which is up 10.74% for the same period. The RSI of 68.76 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship management to various businesses and industries worldwide. It offers enterprise cloud computing applications and platform services, including Sales Cloud that enables companies to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices. The company also provides Service Cloud that enables companies to deliver personalized customer service and support, as well as connects their service agents with customers on various devices; and Marketing Cloud, which enables companies to plan, personalize, and optimize customer interactions. In addition, it offers Community Cloud that enables companies to engage with groups of people by giving them access to information, applications, and experts; Analytics Cloud, an application, which enables companies to deploy sales, service, marketing, and custom analytics applications using various data source; Internet of Things Cloud that enables customers to process data, as well as build personalized actions and engage with customers in real time; and App Cloud, an application development platform for companies to deliver connected applications for various business needs. Further, the company provides professional services, including consulting, deployment, training, and design and integration services to facilitate the adoption of its cloud solutions, as well as offers various education service offerings ranging from introductory online courses to advanced architecture certifications. It sells and markets services primarily through its direct sales force, as well as through consulting firms, systems integrators, and regional partners. The company has a strategic alliance with Cisco to develop IoT and contact center platforms. salesforce.com, inc. was founded in 1999 and is headquartered in San Francisco, California.

Alexion Pharmaceuticals, Inc. (ALXN) had a active trading with around 5.19M shares changing hands compared to its three month average trading volume of 2.72M. The stock traded between $130.18 and $138.21 before closing at the price of $130.39 with -1.22% change on the day. The New Haven Connecticut 06510 based company is currently trading 19.49% above its 52 week low of $109.12 and -19.51% below its 52 week high of $162. Both the RSI indicator and target price of 53.68 and $167.93 respectively, lead us to believe that it should be put on hold over the coming weeks.

Alexion Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes life-transforming therapeutic products. The company offers Soliris (eculizumab), a monoclonal antibody for the treatment of paroxysmal nocturnal hemoglobinuria (PNH), a genetic blood disorder; and atypical hemolytic uremic syndrome (aHUS), a genetic disease. It provides Strensiq (asfotase alfa), a targeted enzyme replacement therapy for patients with hypophosphatasia (HPP); and Kanuma (sebelipase alfa) for the treatment of patients with lysosomal acid lipase deficiency. The company also conducts Phase IV clinical trials on Soliris for the treatment of PNH registry; Phase III clinical trials for the treatment of myasthenia gravis, neuromyelitis optica spectrum disorder, and delayed kidney transplant graft function; and Phase II clinical trials for antibody mediated rejection in presensitized renal transplant patients. It develops cPMP (ALXN 1101) that is in Phase II/III trial for treating metabolic disorders; and ALXN 1007, a novel humanized antibody in Phase II clinical trial for the treatment of anti-phospholipid syndrome and graft versus host disease. The company serves distributors, pharmacies, hospitals, hospital buying groups, and other health care providers, as well as governments and government agencies in the United States, Europe, the Asia Pacific, and internationally. Alexion Pharmaceuticals, Inc. has agreements with X-Chem Pharmaceuticals (X-Chem) to identify novel drug candidates from X-Chem’s proprietary drug discovery engine; Moderna Therapeutics, Inc. (Moderna) that provides the option to purchase drug products for clinical development commercialization of Moderna’s messenger RNA therapeutics to treat rare diseases; and Ensemble Therapeutics Corporation for the identification, development, and commercialization of therapeutic candidates based on specific drug targets. The company was founded in 1992 and is headquartered in New Haven, Connecticut.

Colgate-Palmolive Company (CL) traded within a range of $68.03 to $69.04 after opening the day at $68.61. The company has seen its stock increase in value by 6.05% so far this year. The stock was up close to 0.57% on active volume in last trading session and closed at $69 per share. After the recent gain, the stock is currently holding -7.43% below its 52 week high of $75.38 and 8.78% above its 12-month low of $63.43. The shares are up by over 4.22% in the last three months, and the RSI indicator value of 66.7 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The company offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as pharmaceutical products for dentists and other oral health professionals; personal care products comprising bar and liquid hand soaps, shower gels, shampoos, conditioners, and deodorants and antiperspirants; and home care products, such as laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, and other similar items. It also provides pet nutrition products for everyday nutritional needs, a range of therapeutic products to manage disease conditions, and various products with natural ingredients. The company’s principal global and regional trademarks include Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline, and Suavitel, as well as Hill’s Science Diet, Hill’s Prescription Diet, and Hill’s Ideal Balance. It markets and sells its pet nutrition products for dogs and cats through pet supply retailers and veterinarians. Colgate-Palmolive Company was founded in 1806 and is headquartered in New York, New York.

 

Stocks in Review: Hess Corporation (HES), BB&T Corporation (BBT), Kimco Realty Corporation (KIM)

Hess Corporation (HES) traded within a range of $50.86 to $51.62 after opening the day at $51.4. The company has seen its stock decrease in value by -17.64% so far this year. The stock was up close to 0.49% on light volume in last trading session and closed at $51.3 per share. After the recent gain, the stock is currently holding -21.44% below its 52 week high of $65.56 and 30.83% above its 12-month low of $38.5. The shares are up by over 1.81% in the last three months, and the RSI indicator value of 27.32 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

BB&T Corporation (BBT) failed to extend gains with the stock declining -0.54% or $-0.26 to close the day at $48 on light trading volume of 3.94M shares, compared to its three month average trading volume of 4.82M. The Winston-Salem North Carolina 27101 based company has been outperforming the regional – southeast banks group over the past 52 weeks, with the stock gaining 53.36%, compared to the industry which has advanced 66.09% over the same period. With RSI of 64.48, the stock should still continue to rise and get closer to its one year target estimate of $48.52, making it a hold for now.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Kimco Realty Corporation (KIM) gained $0.09 to close the day at a new closing price of $24.23, a 0.37% increase in value from its previous closing price that moved the stock 0.87% above its 52 week low of $24.02. A total of 3.92M shares exchanged hands during the day compared with its three month average trading volume of 3.31M. The stock, which fluctuated between $24.1 and $24.53 during the day, currently situated -23.34% below its 52 week high. The stock is down by -4.98% in the past one month and down by -6.03% over the past three months. With a one year target estimate of $27.53 and RSI of 39.75, the stock still has upside potential, making it a hold for now.

Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers. The firm also provides property management services relating to the management, leasing, operation, and maintenance of real estate properties. Kimco Realty Corporation was formed in 1966 and is based in New Hyde Park, New York with additional office all across North America.

 

Trader Alert: Electronic Arts Inc. (EA), Conagra Brands, Inc. (CAG), Amazon.com, Inc. (AMZN)

Electronic Arts Inc. (EA) retreated with the stock falling -0.11% or $-0.1 to close at $87.85 on light trading volume of 2.74M compared its three months average trading volume of 2.89M. The Redwood City California 94065 based company operating under the Multimedia & Graphics Software industry has been trending up for the last 52 weeks, with the shares price now 50.56% up for the period and up by 11.54% so far this year. With price target of $94.38 and a 51.2% rebound from 52-week low, Electronic Arts Inc. has plenty of upside potential, making it a hold with a view buy.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for consoles, personal computers, mobile phones, and tablets worldwide. It develops and publishes digital interactive entertainment games primarily under the FIFA, Madden NFL, Star Wars, Battlefield, The Sims, Need for Speed, Mass Effect, Dragon Age, Plants vs. Zombies, and Titanfall brand names. The company also offers casual games, such as cards, puzzles, and word games through its Pogo online service. Electronic Arts Inc. was founded in 1982 and is headquartered in Redwood City, California.

Conagra Brands, Inc. (CAG) dropped $-0.01 to close the day at a new closing price of $39.93, a -0.03% decrease in value from its previous closing price that moved the stock 27.35% above its 52 week low of $32.03. A total of 2.72M shares exchanged hands during the day compared with its three month average trading volume of 3.08M. The stock, which fluctuated between $39.74 and $40.29 during the day, currently situated -0.5% below its 52 week high. The stock is up by 3.65% in the past one month and up by 12.05% over the past three months. With a one year target estimate of $41.33 and RSI of 68.29, the stock still has upside potential, making it 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.

Amazon.com, Inc. (AMZN) shares were up in last trading by 0.17% to $844.14. It experienced lighter than average volume on day. The stock increased in value by almost 2.77% over the past week and grew 4.54% in the past month. It is currently trading 6.09% above its 50 day moving average and 10.11% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.36% decrease in value from its one year high of $847.21. The RSI indicator value of 66.2, lead us to believe that it is a hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo; and provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it provides compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

 

Stocks Intraday Alert: The Goldman Sachs Group, Inc. (GS), AmerisourceBergen Corporation (ABC), Ally Financial Inc. (ALLY)

The Goldman Sachs Group, Inc. (GS) failed to extend gains with the stock declining -0.44% or $-1.1 to close the day at $249.44 on lower than average trading volume of 2.28M shares, compared to its three month average trading volume of 4.18M. The New York New York 10282 based company has been outperforming the investment brokerage – national companies by 18.3316% for last three months and its recent gains have pushed the stock slightly up 4.17% YTD, versus the investment brokerage – national industry which is up 6.92% for the same period. The RSI of 64.6 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, such as strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, including public offerings and private placements of various securities and other financial instruments, as well as derivative transactions entered into with public and private sector clients. The Institutional Client Services segment is involved in client execution activities related to making markets in interest rate products, credit products, mortgages, currencies, commodities, and equities; and provides securities services, such as financing, securities lending, and other prime brokerage services, as well as markets in and clears client transactions on primary stock, options, and futures exchanges. The Investing & Lending segment invests in and originates longer-term loans to provide financing to clients; and makes investments in debt securities and loans, public and private equity securities, and real estate entities. The Investment Management segment offers investment management products and services; and wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

AmerisourceBergen Corporation (ABC) had a light trading with around 2.28M shares changing hands compared to its three month average trading volume of 2.33M. The stock traded between $89 and $91.54 before closing at the price of $90.32 with -0.94% change on the day. The Chesterbrook Pennsylvania 19087 based company is currently trading 32.7% above its 52 week low of $68.38 and -4.42% below its 52 week high of $94.5. Both the RSI indicator and target price of 62.8 and $91.73 respectively, lead us to believe that it should be put on hold over the coming weeks.

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, outsourced compounded sterile preparations, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers. In addition, this segment provides pharmaceutical distribution and other services primarily to physicians who specialize in various disease states, primarily oncology, as well as to other healthcare providers, including hospitals and dialysis clinics; distributes plasma and other blood products, injectable pharmaceuticals, vaccines, and other specialty products; and offers third party logistics and outcomes research, and other services for biotechnology and other pharmaceutical manufacturers. The company’s Other segment provides commercialization support services, including reimbursement support programs, outcomes research, contract field staffing, patient assistance and co-pay assistance programs, adherence programs, risk mitigation services, and other market access programs to pharmaceutical and biotechnology manufacturers; specialty transportation and logistics services for the biopharmaceutical industry; and animal health care products. It markets its products and services through independent sales forces and marketing organizations. AmerisourceBergen Corporation was founded in 1985 and is headquartered in Chesterbrook, Pennsylvania.

Ally Financial Inc. (ALLY) traded within a range of $23.15 to $23.62 after opening the day at $23.47. The company has seen its stock increase in value by 22.08% so far this year. The stock was down close to -1.11% on light volume in last trading session and closed at $23.22 per share. After the recent fall, the stock is currently holding -1.53% below its 52 week high of $23.62 and 56.47% above its 12-month low of $14.84. The shares are up by over 20.87% in the last three months, and the RSI indicator value of 74.27 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Ally Financial Inc., a diversified financial services company, provides a range of financial products and services primarily to automotive dealers and their retail customers in the United States. It offers dealer financial services, including a range of financial services and insurance products to automotive dealers and retail customers. The company also provides automotive finance services for dealers, such as new and used vehicle inventory financing; inventory insurance; term loans, including real estate and working capital loans; and vehicle remarketing services, as well as vehicle service contracts (VCSs) and guaranteed automobile protection (GAP) products. In addition, it offers retail automotive financing for new and used vehicles, and leasing for new vehicles; consumer finance protection and insurance products, such as VSCs, maintenance coverage, and GAP products; commercial insurance products; and senior secured commercial-lending products. Further, the company, through its subsidiary, Ally Bank provides savings and money market accounts, certificates of deposit, interest-bearing checking accounts, trust accounts, and individual retirement accounts; and online and mobile banking, electronic bill pay, remote deposit, and electronic funds transfer. It also engages in the management of held-for-investment mortgage loan portfolio that includes the execution of bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.

 

Trader’s Round Up: Twenty-First Century Fox, Inc. (FOX), Yum! Brands, Inc. (YUM), Baker Hughes Incorporated (BHI)

Twenty-First Century Fox, Inc. (FOX) retreated with the stock falling -0.82% or $-0.25 to close at $30.08 on light trading volume of 1.98M compared its three months average trading volume of 3.29M. The New York New York 10036 based company has been trending up for the last 52 weeks, with the shares price now 15.33% up for the period and up by 10.39% so far this year. With price target of $34 and a 25.96% rebound from 52-week low, Twenty-First Century Fox, Inc. has plenty of upside potential, making it a hold with a view buy.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, including 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, as well as produces and licenses television programming worldwide. Further, it offers video advertising services, including consumer engagement and on-demand marketing campaigns; and operates two San Francisco-Bay area television stations. The company was formerly known as News Corporation. Twenty-First Century Fox, Inc. was founded in 1922 and is headquartered in New York, New York.

Yum! Brands, Inc. (YUM) dropped $-0.21 to close the day at a new closing price of $68.44, a -0.31% decrease in value from its previous closing price that moved the stock 42.66% above its 52 week low of $49.97. A total of 1.96M shares exchanged hands during the day compared with its three month average trading volume of 2.4M. The stock, which fluctuated between $68.08 and $68.9 during the day, currently situated -0.78% below its 52 week high. The stock is up by 6.34% in the past one month and up by 13.27% over the past three months. With a one year target estimate of $67.83 and RSI of 74.72, the stock still has upside potential, making it a sell for now.

YUM! Brands, Inc., through its subsidiaries, operates quick service restaurants. It operates in four segments: YUM China, the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items. As of April 21, 2016, it operated approximately 43,000 restaurants in approximately 130 countries and territories primarily under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories. The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to YUM! Brands, Inc. in May 2002. YUM! Brands, Inc. was founded in 1997 and is headquartered in Louisville, Kentucky.

Baker Hughes Incorporated (BHI) shares were down in last trading by -0.49% to $61.2. It experienced lighter than average volume on day. The stock increased in value by almost 0.23% over the past week and fell -0.6% in the past month. It is currently trading -3.59% below its 50 day moving average and 15.29% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -10.53% decrease in value from its one year high of $68.59. The RSI indicator value of 39.56, lead us to believe that it is a hold for now.

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which include drill bits for performance drilling, hole enlargement, and coring; open hole (imaging, fluids sampling, etc.) and cased hole (production logging, wellbore integrity, pipe recovery, etc.) well logging services; and emulsion and water-based drilling fluids systems, reservoir drill-in fluids, and completion fluids, as well as fluids environmental services. Its drilling and evaluation products and services also comprise directional drilling systems and services, such as rotary steerables, drilling motors, measurement-while-drilling systems, etc.; logging-while-drilling systems and services, including resistivity, imaging, pressure testing and sampling, etc.; surface logging and coring systems and services; and geoscience services. In addition, the company offers completion and production products and services consisting of completion systems used to control the flow of hydrocarbons within a wellbore; wellbore intervention products and services to enhance the performance of existing wellbores; intelligent production system products and services to monitor, analyze, and control production to optimize returns and ultimate recovery; artificial lifts, such as in-well electric submersible pump systems, progressing cavity pump systems, and gas lift systems, as well as horizontal surface pumping systems that move fluids on the surface for applications, such as injection, disposal, transfer, and pipeline boosting; chemical technologies and services; and onshore and offshore cementing, stimulation, and coil tubing services. Further, it offers industrial services, including downstream chemicals, and process and pipeline services. The company was founded in 1972 and is headquartered in Houston, Texas. Baker Hughes Incorporated is a subsidiary of General Electric Company.

 

3 Stocks to Watch For: Best Buy Co., Inc. (BBY), UnitedHealth Group Incorporated (UNH), Hormel Foods Corporation (HRL)

Best Buy Co., Inc. (BBY) saw its value decrease by -1.2% as the stock dropped $-0.55 to finish the day at a closing price of $45.37. The stock was lighter in trading and has fluctuated between $28.76-$49.4 per share for the past year. The shares, which traded within a range of $45.14 to $46.22 during the day, are up by 14.45% in the past three months and up by 38.09% over the past six months. It is currently trading 2.38% above its 20 day moving average and 0.72% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $45.45 a share over the next twelve months. The current relative strength index (RSI) reading is 53.56.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, bestbuy.com.mx, and Geek Squad brand names, as well as through call centers. As of January 30, 2016, it had approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

UnitedHealth Group Incorporated (UNH) shares were down in last trading by -0.39% to $163.65. It experienced lighter than average volume on day. The stock increased in value by almost 2% over the past week and grew 3.75% in the past month. It is currently trading 1.6% above its 50 day moving average and 13.27% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -0.75% decrease in value from its one year high of $164.97. The RSI indicator value of 58.2, lead us to believe that it is a hold for now.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, individuals, and military service members; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. It also provides services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Children’s Health Insurance Program, and health care programs; and health services, including commercial health and dental benefits. This segment serves through a network of 1 million physicians and other health care professionals, as well as approximately 6,000 hospitals and other facilities. Its OptumHealth segment offers health management services, including care delivery and management, wellness and consumer engagement, distribution, and health financial services. This segment serves individuals through programs offered by employers, payers, government entities, and directly with the care delivery systems. The company’s OptumInsight segment provides software and information products, and business process outsourcing and support services to hospital systems, physicians, health plans, governments, life sciences companies, and other organizations. Its OptumRx segment offers pharmacy care services and programs, including retail network contracting, home delivery and specialty pharmacy, and purchasing and clinical, as well as develops programs in areas, such as step therapy, formulary management, drug adherence, and disease/drug therapy management. UnitedHealth Group Incorporated was founded in 1974 and is based in Minnetonka, Minnesota.

Hormel Foods Corporation (HRL) traded within a range of $37.03 to $37.97 after opening the day at $37.77. The company has seen its stock increase in value by 7.5% so far this year. The stock was down close to -1.66% on active volume in last trading session and closed at $37.24 per share. After the recent fall, the stock is currently holding -17.21% below its 52 week high of $44.73 and 12.78% above its 12-month low of $33.18. The shares are up by over 4.85% in the last three months, and the RSI indicator value of 61.53 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

 

Stocks Buzz: Denbury Resources Inc. (DNR), Cinedigm Corp. (CIDM), NRG Energy, Inc. (NRG)

Denbury Resources Inc. (DNR) managed to rebound with the stock declining -3.72% or $-0.13 to close the day at $3.36 on light trading volume of 8.59M shares, compared to its three month average trading volume of 8.9M. The Plano Texas 75024 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 205.45%, compared to the industry which has advanced 44.3% over the same period. With RSI of 40.04, the stock should still continue to rise and get closer to its one year target estimate of $3.33, making it a hold for now.

Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on enhanced oil recovery utilizing carbon dioxide. It holds properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. As of December 31, 2015, the company had 288.6 million barrels of oil equivalent of estimated proved oil and natural gas reserves. Denbury Resources Inc. was founded in 1951 and is headquartered in Plano, Texas.

Cinedigm Corp. (CIDM) grew with the stock adding 26.12% or $0.35 to close at $1.69 on active trading volume of 8.47M compared its three months average trading volume of 104.21K. The New York New York 10010 based company operating under the Entertainment – Diversified industry has been trending down for the last 52 weeks, with the shares price now -29.58% down for the period and up by 17.36% so far this year. With price target of $12.5 and a 87.78% rebound from 52-week low, Cinedigm Corp. has plenty of upside potential, making it a hold with a view buy.

Cinedigm Corp., together with its subsidiaries, distributes and aggregates independent movie, television, and other short form content in the United States. It operates through four segments: Phase I Deployment, Phase II Deployment, Services, and Content & Entertainment. The company is involved in the collection of virtual print fees from motion picture studios and distributors, and alternative content fees from alternative content providers and theatrical exhibitors. It also provides monitoring, billing, collection, verification, and other management services to the company’s Phase I Deployment and Phase II Deployment, as well as to exhibitors, who purchase their own equipment. In addition, the company distributes content in the home entertainment markets through various distribution channels, including digital and video-on-demand, as well as physical goods, including DVD and Blu-ray discs; and theatrical distribution of third party feature movies and alternative content. It manages a library of distribution rights to various titles and episodes released across digital, physical, theatrical, home, and mobile entertainment platforms, as well as services digital cinema assets in approximately 12,000 movie screens in North America and various international countries. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was founded in 2000 and is based in New York, New York.

NRG Energy, Inc. (NRG) continued its upward trend with the stock climbing 4.17% or $0.7 to close the day at $17.49 on higher than average trading volume of 8.39M shares, compared to its three month average trading volume of 6.52M. The Princeton New Jersey 08540 based company has been outperforming the diversified utilities companies by 49.9087% for last three months and its recent gains have pushed the stock slightly up 42.92% YTD, versus the diversified utilities industry which is up 2.39% for the same period. The RSI of 75.12 indicates the stock is overbought at the current levels, sell for now.

NRG Energy, Inc., together with its subsidiaries, operates as a power company. The company provides electricity; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, electric vehicle charging stations, and on-site energy solutions; carbon management and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset management services. It owns and operates approximately 50,000 megawatts of generation. The company also offers retail energy, rooftop solar, portable solar, and battery products home services; and various bundled products, which combine energy with protection products, energy efficiency, and renewable energy solutions, as well as offers installation and contract management services for residential solar customers. As of December 31, 2015, it served approximately 2.77 million recurring and 624,000 discrete customers. In addition, the company owns, operates, and develops solar and wind power projects; develops, constructs, and finances a range of solutions for utilities, schools, municipalities, and commercial markets; and trades in electric power, natural gas, and related commodity and financial products, including forwards, futures, options, and swaps. As of December 31, 2015, it operated 90 active fossil fuel and nuclear plants, 16 utility scale solar facilities, and 36 wind farms and multiple distributed solar facilities. Further, the company transacts in and trades fuel and transportation services; directly sells energy, services, and products and services to retail customers under the NRG, Reliant, and other names; and provides steam, hot water, and chilled water, as well as electricity to commercial businesses, universities, hospitals, and governmental units. NRG Energy, Inc. was founded in 1989 and is headquartered in Princeton, New Jersey.