Mark Elwood

Eye Catching Stocks: Colgate-Palmolive Company (CL), Cerner Corporation (CERN), Tyson Foods, Inc. (TSN)

Colgate-Palmolive Company (CL) continued its upward trend with the stock climbing 0.05% or $0.03 to close the day at $66.59 on light trading volume of 3.57M shares, compared to its three month average trading volume of 3.93M. The New York New York 10022 based company has been outperforming the personal products group over the past 52 weeks, with the stock gaining 3.32%, compared to the industry which has advanced 3.59% over the same period. With RSI of 53.62, the stock should still continue to rise and get closer to its one year target estimate of $69.69, making it a hold for now.

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.

Cerner Corporation (CERN) fell -1.25% during last trading as the stock lost $-0.67 to finish the day at $52.93 with about 3.51M shares changing hands, compared to its three month average trading volume of 3.37M. The $17.96B market cap company, which fluctuated between $52.71 and $53.66 during the day, currently situated 12.59% above its 52 week low of $47.01 and -21.59% away from its one year high of $67.5. The RSI of 58.92 indicates the stock is neither overvalued nor undervalued at the current levels, 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.

Tyson Foods, Inc. (TSN) saw its value increase by 0.62% as the stock gained $0.4 to finish the day at a closing price of $65.05. The stock was lighter in trading and has fluctuated between $55.72-$77.05 per share for the past year. The shares, which traded within a range of $64.44 to $65.21 during the day, are down by -5.89% in the past three months and down by -12.14% over the past six months. It is currently trading 3.62% above its 20 day moving average and 5.42% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $70.5 a share over the next twelve months. The current relative strength index (RSI) reading is 60.54. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

Stocks in the Spotlight: Vanguard Natural Resources, LLC (VNR), Xerox Corporation (XRX), VEREIT, Inc. (VER)

Vanguard Natural Resources, LLC (VNR) had a light trading with around 11.25M shares changing hands compared to its three month average trading volume of 3.69M. The stock traded between $0.17 and $0.288 before closing at the price of $0.28 with 47.15% change on the day. The Houston Texas 77057 based company is currently trading 67.06% above its 52 week low of $0.17 and -89.4% below its 52 week high of $2.68. Both the RSI indicator and target price of 29.59 and $0 respectively, lead us to believe that it could rise over the coming weeks.

Vanguard Natural Resources, LLC, through its subsidiaries, acquires and develops oil and natural gas properties in the United States. It owns properties, and oil and natural gas reserves primarily located in 10 operating basins, including the Green River Basin in Wyoming; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana, Mississippi, and Alabama; the Anadarko Basin in Oklahoma and North Texas; the Piceance Basin in Colorado; the Big Horn Basin in Wyoming and Montana; the Arkoma Basin in Arkansas and Oklahoma; the Williston Basin in North Dakota and Montana; the Wind River Basin in Wyoming; and the Powder River Basin in Wyoming. As of December 31, 2015, the company had total estimated proved reserves of 2,289.3 million barrels of oil equivalent, as well as owned working interests in 14,459 gross productive wells and approximately 881,508 gross undeveloped acres. Vanguard Natural Resources, LLC was founded in 2006 and is headquartered in Houston, Texas. On February 1, 2017, Vanguard Natural Resources, LLC, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Xerox Corporation (XRX) managed to rebound with the stock declining 0% or $0 to close the day at $7.07 on light trading volume of 11.21M shares, compared to its three month average trading volume of 13.54M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 22.5%, compared to the industry which has advanced 34.84% over the same period. With RSI of 60.48, the stock should still continue to rise and get closer to its one year target estimate of $8.44, making it a hold for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

VEREIT, Inc. (VER) shares were up in last trading by 0.24% to $8.45. It experienced higher than average volume on day. The stock decreased in value by almost -0.94% over the past week and fell -4.2% in the past month. It is currently trading 0.45% above its 50 day moving average and -9.69% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -22.53% decrease in value from its one year high of $11.09. The RSI indicator value of 48.17, lead us to believe that it is a hold for now.

VEREIT, Inc. is a publicly owned real estate investment trust. It owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties. It was formerly known as American Realty Capital Properties, Inc. VEREIT, Inc. was founded in 2010 and is based in Phoenix, Arizona.

 

Stock’s Trend Analysis Report: Hecla Mining Company (HL), MannKind Corporation (MNKD), The AES Corporation (AES)

Hecla Mining Company (HL) fell -1.79% during last trading as the stock lost $-0.12 to finish the day at $6.6 with about 5.73M shares changing hands, compared to its three month average trading volume of 12.03M. The $2.59B market cap company, which fluctuated between $6.57 and $6.78 during the day, currently situated 239.41% above its 52 week low of $1.95 and -13.57% away from its one year high of $7.64. The RSI of 60.83 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers. It owns 100% interests in the Greens Creek mine located on Admiralty Island in Southeast Alaska; the Lucky Friday unit located in the Coeur d’Alene mining district in northern Idaho; the Casa Berardi mine located in the Abitibi region of north-western Quebec, Canada; and the San Sebastian unit located in the state of Durango, Mexico. The company was founded in 1891 and is based in Coeur d’Alene, Idaho.

MannKind Corporation (MNKD) dropped $-0.03 to close the day at a new closing price of $0.51, a -5.14% decrease in value from its previous closing price that moved the stock 25.2% above its 52 week low of $0.41. A total of 5.7M shares exchanged hands during the day compared with its three month average trading volume of 5.58M. The stock, which fluctuated between $0.5 and $0.5446 during the day, currently situated -77.08% below its 52 week high. The stock is down by -23.09% in the past one month and up by 19.37% over the past three months. With a one year target estimate of $0 and RSI of 34.08, the stock still has upside potential, making it a hold for now.

MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes patients in the United States. Its approved product is AFREZZA, a rapid-acting, inhaled insulin used to control high blood sugar in adults with type 1 and type 2 diabetes. MannKind Corporation has license and collaboration agreement with Sanofi-Aventis Deutschland GmbH for the development of AFREZZA. The company was founded in 1991 and is headquartered in Valencia, California.

The AES Corporation (AES) had a active trading with around 5.68M shares changing hands compared to its three month average trading volume of 5.44M. The stock traded between $11.3 and $11.54 before closing at the price of $11.43 with 1.24% change on the day. The Arlington Virginia 22203 based company is currently trading 33.78% above its 52 week low of $8.88 and -12.46% below its 52 week high of $13.32. Both the RSI indicator and target price of 51.16 and $12.43 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

Stocks in Focus: CONSOL Energy Inc. (CNX), RH (RH), Pitney Bowes Inc. (PBI)

CONSOL Energy Inc. (CNX) had a active trading with around 4.61M shares changing hands compared to its three month average trading volume of 3.75M. The stock traded between $17.21 and $17.85 before closing at the price of $17.59 with 1.85% change on the day. The Canonsburg Pennsylvania 15317 based company is currently trading 161.76% above its 52 week low of $6.72 and -21.26% below its 52 week high of $22.34. Both the RSI indicator and target price of 39.87 and $22.42 respectively, lead us to believe that it should be put on hold over the coming weeks.

CONSOL Energy Inc., together with its subsidiaries, operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 436,000 net Marcellus Shale acres; and controls approximately 119,000 net acres of Utica Shale potential in eastern Ohio, as well as controls 113,000 net acres in Southwestern Pennsylvania and Northern West Virginia that contain the rights to the natural gas in Utica Shale; and owns rights to extract coalbed methane (CBM) in Virginia from approximately 268,000 net CBM acres, which cover a portion of its coal reserves in Central Appalachia. It also owns shallow oil and gas acreage position approximately 825,000 net acres in Illinois, Indiana, Kentucky, West Virginia, Pennsylvania, Virginia, and New York; various acres that have Upper Devonian potential; 116,000 net acres of Chattanooga Shale; and 380,000 net acres of Huron Shale potential in Kentucky, West Virginia, and Virginia, as well as provides midstream gas services. The Coal division engages in mining, preparation, and marketing of thermal coal primarily to power generators, and metallurgical coal to metal and coke producers. The company also provides energy services, including coal terminal services, water services, and land resource management services. CONSOL Energy Inc. was founded in 1864 and is headquartered in Canonsburg, Pennsylvania.

RH (RH) continued its downward trend with the stock declining -4.71% or $-1.24 to close the day at $25.08 on active trading volume of 4.6M shares, compared to its three month average trading volume of 2.15M. The Corte Madera California 94925 based company has been underperforming the home furnishing stores group over the past 52 weeks, with the stock losing -51.03%, compared to the industry which has dropped -14.56% over the same period. With RSI of 28.74, the stock should still continue to rise and get closer to its one year target estimate of $38.73, making it a hold for now.

RH, together with its subsidiaries, engages in the retail of home furnishings. It offers products in various categories, such as furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company sells products through its stores and catalogs, as well as through its Websites, such as restorationhardware.com, rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com. As of October 29, 2016, it operated 85 retail galleries that include 51 legacy galleries, 6 larger format design galleries, 7 next generation design galleries, 1 RH modern gallery, and 5 RH baby & child galleries throughout the United States and Canada; 15 Waterworks showrooms in the United States and the United Kingdom; and 28 outlet stores. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was founded in 1979 and is headquartered in Corte Madera, California.

Pitney Bowes Inc. (PBI) shares were down in last trading by -0.68% to $13.07. It experienced higher than average volume on day. The stock decreased in value by almost -17.9% over the past week and fell -19.22% in the past month. It is currently trading -15.32% below its 50 day moving average and -23.34% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -38.05% decrease in value from its one year high of $21.81. The RSI indicator value of 25.73, lead us to believe that it may correct downwards in the near term.

Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement technology products and solutions in the United States and internationally. The company operates in three segments: Small & Medium Business Solutions; Enterprise Business Solutions; and Digital Commerce Solutions. The Small & Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment, software, and supplies; and provision of revolving credit and interest-bearing deposit solutions. The Enterprise Business Solutions segment offers equipment and services that enable large enterprises to process inbound and outbound mail. This segment provides production mail inserting and sortation equipment, production print systems, and supplies and related support services, as well as mail presort services. The Digital Commerce Solutions segment provides a range of solutions, including customer information management, location intelligence, customer engagement software, shipping management, and cross border ecommerce solutions as traditional software licenses, enterprise platforms, software-as-a-service, and on-demand applications, as well as offers related support services. The company’s solutions enable clients in marketing, shipping and mailing, and cross border ecommerce operations. Pitney Bowes Inc. sells its products through sales force, direct mailings, telemarketing, independent dealers and distributors, and Web channels to various business, governmental, institutional, and other organizations. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.

 

Stocks In Action: Allison Transmission Holdings, Inc. (ALSN), InvenSense, Inc. (INVN), FMC Corporation (FMC)

Allison Transmission Holdings, Inc. (ALSN) traded within a range of $36.83 to $37.82 after opening the day at $37.2. The company has seen its stock increase in value by 11.04% so far this year. The stock was up close to 5.8% on active volume in last trading session and closed at $37.41 per share. After the recent gain, the stock is currently holding 4.06% above its 52 week high of $37.82 and 86.11% above its 12-month low of $21.41. The shares are up by over 31.94% in the last three months, and the RSI indicator value of 74.07 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles. It offers 13 transmission product lines with approximately 100 product models for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles. The company markets its transmissions under Allison Transmission brand name; and remanufactured transmissions under ReTran brand name. It also sells branded replacement parts, support equipment, and other products necessary to service the installed base of vehicles utilizing its transmissions, as well as defense kits, engineering services, and extended transmission coverage services to various original equipment manufacturers, distributors, and the U.S. government. Allison Transmission Holdings, Inc. serves customers through an independent network of approximately 1,400 independent distributor and dealer locations worldwide. The company was formerly known as Clutch Holdings, Inc. Allison Transmission Holdings, Inc. was founded in 1915 and is headquartered in Indianapolis, Indiana.

InvenSense, Inc. (INVN) managed to rebound with the stock climbing 0.76% or $0.09 to close the day at $12.01 on active trading volume of 3.8M shares, compared to its three month average trading volume of 3.5M. The San Jose California 95110 based company has been outperforming the semiconductor – integrated circuits group over the past 52 weeks, with the stock gaining 70.6%, compared to the industry which has advanced 46.04% over the same period. With RSI of 51.44, the stock should still continue to rise and get closer to its one year target estimate of $11.64, making it a hold for now.

InvenSense, Inc. designs, develops, manufactures, markets, and sells sensor systems on a chip in the United States, China, Taiwan, South Korea, Japan, France, Canada, Slovakia, and Italy. It offers accelerometers, gyroscopes, and microphones for the mobile, wearable, smart home, gaming, industrial, and automotive market segments. The company delivers solutions based on motion and sound technology to smartphones, tablets, wearables, console and portable video gaming devices, digital television and set-top box remote controls, fitness accessories, sports equipment, digital still cameras, automobiles, ultra-books, laptops, hearing aids, stabilization systems, tools, navigation devices, remote controlled toys, and other household consumer and industrial devices. It also provides sensor data analytics platforms and services. The company sells its products to consumer electronics device manufacturers, original design manufacturers, and contract manufacturers directly, as well as through distributors. InvenSense, Inc. has a collaboration with Panasonic Corporation for the development of sensor technology solutions and automotive safety micro electrical mechanical systems based inertial sensors. The company was founded in 2003 and is headquartered in San Jose, California.

FMC Corporation (FMC) dropped $-3.64 to close the day at a new closing price of $57.03, a -6% decrease in value from its previous closing price that moved the stock 79.43% above its 52 week low of $32.24. A total of 3.78M shares exchanged hands during the day compared with its three month average trading volume of 951.70K. The stock, which fluctuated between $56.66 and $59.49 during the day, currently situated -9.25% below its 52 week high. The stock is down by -2.21% in the past one month and up by 9.03% over the past three months. With a one year target estimate of $58.8 and RSI of 35.79, the stock still has upside potential, making it a hold for now.

FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide. The company operates through three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The FMC Agricultural Solutions segment develops, manufactures, and sells crop protection chemicals comprising insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and by controlling a broad spectrum of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. The FMC Health and Nutrition segment offers microcrystalline cellulose for use in drug dry tablet binder and disintegrant, and food ingredients; carrageenan for use in food ingredient for thickening and stabilizing, pharmaceutical, and nutraceutical encapsulates; alginates for food ingredient, pharmaceutical excipient, healthcare, and industrial uses; natural colorants for use in food, pharmaceutical, and cosmetics; and omega-3 EPA/DHA for nutraceutical and pharmaceutical uses. The FMC Lithium segment offers lithium for use in batteries, polymers, pharmaceuticals, greases and lubricants, glass and ceramics, and other industrial uses. FMC Corporation was founded in 1884 and is headquartered in Philadelphia, Pennsylvania.

 

Trader Alert: Athersys, Inc. (ATHX), Allegheny Technologies Incorporated (ATI), Sunstone Hotel Investors, Inc. (SHO)

Athersys, Inc. (ATHX) retreated with the stock falling 0% or $0 to close at $1.16 on light trading volume of 2.91M compared its three months average trading volume of 634.92K. The Cleveland Ohio 44115 based company operating under the Biotechnology industry has been trending down for the last 52 weeks, with the shares price now 0% down for the period and down by -24.18% so far this year. With price target of $7.33 and a 13.73% rebound from 52-week low, Athersys, Inc. has plenty of upside potential, making it a hold with a view buy.

Athersys, Inc., a biotechnology company, focuses on the research and development activities in the field of regenerative medicine. The company’s lead platform product, MultiStem cell therapy, an allogeneic stem cell product, which is in Phase II clinical trials for the treatment of ischemic stroke and inflammatory bowel disease (IBD); and that has completed Phase I clinical trial for the treatment of acute myocardial infarction and hematopoietic stem cell transplant/graft-versus-host disease. It is also developing MultiStem cell therapy for the treatment of acute respiratory distress syndrome. Its clinical development programs are focused on treating neurological conditions, cardiovascular disease, inflammatory and immune disorders, and other conditions. In addition, the company is involved in identifying and developing small molecule compounds with potential applications in indications, including obesity; related metabolic conditions, such as diabetes; and neurological indications consisting of schizophrenia. It has collaboration agreement with Pfizer Inc. to develop and commercialize MultiStem to treat IBD; RTI Surgical, Inc. to develop and commercialize biologic implants for orthopedic applications in the bone graft substitutes market; and collaboration with Bristol-Myers Squibb Company to provide cell lines expressing well validated drug targets produced compound screening and development. The company was founded in 1995 and is headquartered in Cleveland, Ohio.

Allegheny Technologies Incorporated (ATI) dropped $-0.63 to close the day at a new closing price of $20.58, a -2.97% decrease in value from its previous closing price that moved the stock 128.6% above its 52 week low of $9.15. A total of 2.9M shares exchanged hands during the day compared with its three month average trading volume of 2.9M. The stock, which fluctuated between $20.55 and $21.54 during the day, currently situated -13.13% below its 52 week high. The stock is up by 27.99% in the past one month and up by 45.44% over the past three months. With a one year target estimate of $0 and RSI of 58.09, the stock still has upside potential, making it a hold for now.

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials & Components; and Flat-Rolled Products. The High Performance Materials & Components segment provides various high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium, advanced powder alloys, and other specialty materials, in long product forms of ingots, billets, bars, rods, wires, shapes and rectangles, and seamless tubes, plus precision forgings, castings, components, and machined parts. This segment serves aerospace and defense, oil and gas/chemical, hydrocarbon processing, electrical energy, and medical markets. The Flat-Rolled Products segment produces, converts, and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various forms, including plate, sheet, engineered strip, and Precision Rolled Strip products, as well as grain-oriented electrical steel. This segment serves oil and gas/chemical and hydrocarbon processing industry, electrical energy, automotive, food processing equipment and appliances, construction and mining, electronics, communication equipment and computers, and aerospace and defense markets. The company sells its products through direct sales and independent representatives. Allegheny Technologies Incorporated was founded in 1960 and is headquartered in Pittsburgh, Pennsylvania.

Sunstone Hotel Investors, Inc. (SHO) shares were down in last trading by -1.66% to $14.8. It experienced higher than average volume on day. The stock increased in value by almost 0.54% over the past week and grew 0.14% in the past month. It is currently trading -0.47% below its 50 day moving average and 14.21% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.67% decrease in value from its one year high of $16.05. The RSI indicator value of 45.98, lead us to believe that it is a hold for now.

Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States. Its portfolio also includes mid-scale hotels. Sunstone Hotel Investors was founded in 1995 and is based in Aliso Viejo, California.

 

Momentum Stocks: Ascena Retail Group, Inc. (ASNA), Cerulean Pharma Inc. (CERU), Ocwen Financial Corporation (OCN)

Ascena Retail Group, Inc. (ASNA) retreated with the stock falling -1.22% or $-0.06 to close at $4.85 on light trading volume of 2.5M compared its three months average trading volume of 4.59M. The Mahwah New Jersey 07430 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -27.72% down for the period and down by -21.65% so far this year. With price target of $6.5 and a 9.23% rebound from 52-week low, Ascena Retail Group, Inc. has plenty of upside potential, making it a hold with a view buy.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Cerulean Pharma Inc. (CERU) had a active trading with around 2.47M shares changing hands compared to its three month average trading volume of 1.01M. The stock traded between $1.07 and $1.22 before closing at the price of $1.16 with -4.13% change on the day. The Waltham Massachusetts 02451 based company is currently trading 84.04% above its 52 week low of $0.63 and -73.21% below its 52 week high of $4.33. Both the RSI indicator and target price of  and $5.5 respectively, lead us to believe that it could rise over the coming weeks.

Cerulean Pharma Inc., a clinical-stage company, develops nanotechnology-based therapeutics in the areas of oncology and other diseases in the United States. The company’s lead product candidate is CRLX101, a tumor targeted nanoparticle-drug conjugate (NDC), which is in Phase 2 clinical development in patients with renal cell carcinoma; and in Phase 2 and Phase 1b clinical development in patients with ovarian cancer. It is also developing CRLX301, a platform-generated NDC clinical candidate, which is in Phase 1/2a clinical trials. The company has a strategic collaboration with Novartis to develop nanoparticle-drug conjugates for various cancer tumor targets. The company was formerly known as Tempo Pharmaceuticals, Inc. and changed its name to Cerulean Pharma Inc. in October 2008. Cerulean Pharma Inc. was incorporated in 2005 and is based in Waltham, Massachusetts.

Ocwen Financial Corporation (OCN) saw its value increase by 0.95% as the stock gained $0.05 to finish the day at a closing price of $5.32. The stock was lighter in trading and has fluctuated between $1.29-$6.41 per share for the past year. The shares, which traded within a range of $5.18 to $5.39 during the day, are up by 24.88% in the past three months and up by 130.3% over the past six months. It is currently trading 2.44% above its 20 day moving average and -0.44% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $4.5 a share over the next twelve months. The current relative strength index (RSI) reading is 50.33.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Ocwen Financial Corporation, a financial services holding company, engages in servicing and origination of mortgage loans in the United States. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services to owners of mortgage loans and foreclosed real estate. This segment’s residential servicing portfolio includes conventional, government insured, and non-agency loans. The company’s Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans primarily through its correspondent lending arrangements, broker relationships, and directly with mortgage customers. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.

 

Momentum Stocks in Focus: Voya Financial, Inc. (VOYA), Rowan Companies plc (RDC), Medical Properties Trust, Inc. (MPW)

Voya Financial, Inc. (VOYA) managed to rebound with the stock climbing 0.27% or $0.11 to close the day at $40.99 on active trading volume of 2.15M shares, compared to its three month average trading volume of 1.75M. The New York New York 10169 based company has been outperforming the asset management group over the past 52 weeks, with the stock gaining 50.61%, compared to the industry which has advanced 34.1% over the same period. With RSI of 55.38, the stock should still continue to rise and get closer to its one year target estimate of $45.54, making it a hold for now.

Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. It operates through five segments: Retirement, Annuities, Investment Management, Individual Life, and Employee Benefits. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services in corporate, education, healthcare, and other non-profit and government entities; and rollover individual retirement accounts and other retail financial products, as well as financial advisory services to individual customers. This segment sells its products to small companies, corporations, and government entities directly, as well as through third-party administrators, wirehouse affiliated brokers, registered investment advisors, independent sales agents, and consulting firms. The Annuities segment provides fixed and indexed annuities, tax-qualified mutual fund custodial products, and other investment-only products and payout annuities for pre-retirement wealth accumulation and post-retirement income management through independent marketing organizations, independent and affiliated broker-dealers, banks, independent insurance agents, and pension professionals. The Investment Management segment offers fixed income, equity, multi-asset, and alternative products and solutions to individual and institutional customers directly, as well as through consultant channel, banks, broker-dealers, and independent financial advisers. The Individual Life segment provides wealth protection and transfer opportunities through universal, variable, and term life products. The Employee Benefits segment offers stop loss, group life, voluntary employee-paid, and disability products through brokers, consultants, third-party administrators, and private exchanges. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was incorporated in 1999 and is based in New York, New York.

Rowan Companies plc (RDC) retreated with the stock falling -2% or $-0.36 to close at $17.6 on light trading volume of 2.15M compared its three months average trading volume of 3.01M. The Houston Texas 77056 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 37.07% up for the period and down by -6.83% so far this year. With price target of $17.1 and a 64.95% rebound from 52-week low, Rowan Companies plc has plenty of upside potential, making it a hold with a view buy.

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.

Medical Properties Trust, Inc. (MPW) continued its downward trend with the stock declining -1.01% or $-0.13 to close the day at $12.74 on lower than average trading volume of 2.14M shares, compared to its three month average trading volume of 3.58M. The Birmingham Alabama 35242 based company has been outperforming the reit – healthcare facilities companies by 7.2781% for last three months and its recent gains have pushed the stock slightly up 3.58% YTD, versus the reit – healthcare facilities industry which is up 1.52% for the same period. The RSI of 52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company also provides mortgage loans to healthcare operators, as well as working capital and other term loans to its tenants/borrowers. As of February 24, 2011, its portfolio consisted of 58 properties, including 22 general acute care hospitals, 17 long-term acute care hospitals, 9 inpatient rehabilitation hospitals, 2 medical office buildings, and 6 wellness centers, as well as 2 non-owned general acute care facilities. The company has elected to be taxed as a REIT under the Tax Code. As a REIT, it would not be subject to federal income tax purposes, provided that it distributes at least 90% of its REIT taxable income to its shareholders. The company was founded in 2003 and is based in Birmingham, Alabama.

 

Stocks Trend Analysis: Take-Two Interactive Software, Inc. (TTWO), Navient Corporation (NAVI), Pier 1 Imports, Inc. (PIR)

Take-Two Interactive Software, Inc. (TTWO) failed to extend gains with the stock declining -0.92% or $-0.5 to close the day at $53.7 on active trading volume of 1.88M shares, compared to its three month average trading volume of 1.28M. The New York New York 10012 based company has been outperforming the multimedia & graphics software group over the past 52 weeks, with the stock gaining 59.68%, compared to the industry which has advanced 41.96% over the same period. With RSI of 61.37, the stock should still continue to rise and get closer to its one year target estimate of $55.09, making it a hold for now.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. Further, the company offers free-to-play mobile games, such as Dragon City and Monster Legends on iOS and Android platforms. Its products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. The company delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

Navient Corporation (NAVI) retreated with the stock falling -0.97% or $-0.15 to close at $15.33 on light trading volume of 1.87M compared its three months average trading volume of 3.32M. The Wilmington Delaware 19801 based company operating under the Credit Services industry has been trending up for the last 52 weeks, with the shares price now 79.73% up for the period and down by -6.7% so far this year. With price target of $18 and a 95.95% rebound from 52-week low, Navient Corporation has plenty of upside potential, making it a hold with a view buy.

Navient Corporation provides financial products and services in the United States. The company operates in three segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, and Business Services. It holds the portfolio of education loans insured or guaranteed under the FFELP, as well as the portfolio of private education loans. The company also provides asset recovery services for loans and receivables on behalf of guarantors of FFELP loans, and higher education institutions, as well as federal, state, court, and municipal clients; and business processing services on behalf of municipalities, public authorities, and hospitals. Navient Corporation is headquartered in Wilmington, Delaware.

Pier 1 Imports, Inc. (PIR) continued its downward trend with the stock declining -1.68% or $-0.12 to close the day at $7.03 on lower than average trading volume of 1.87M shares, compared to its three month average trading volume of 3.24M. The Fort Worth Texas 76102 based company has been outperforming the specialty retail, other companies by 62.5193% for last three months and its recent gains have offset losses to -17% YTD, versus the specialty retail, other industry which is up 9.9% for the same period. The RSI of 40.37 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrance, gifts, and seasonal items. The company also provides furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios. Further, it supplies merchandise and licenses the Pier 1 Imports name. The company sells its products through retail stores and e-Commerce Website. As of February 27, 2016, the company operated 953 stores in the United States and 79 stores in Canada. Pier 1 Imports, Inc. was founded in 1970 and is headquartered in Fort Worth, Texas.

 

Stocks Trend Analysis: CoreCivic, Inc. (CXW), HollyFrontier Corporation (HFC), RXi Pharmaceuticals Corporation (RXII)

CoreCivic, Inc. (CXW) continued its downward trend with the stock declining -1.12% or $-0.33 to close the day at $29.1 on light trading volume of 1.65M shares, compared to its three month average trading volume of 2.25M. The Nashville Tennessee 37215 based company has been outperforming the reit – diversified group over the past 52 weeks, with the stock gaining 8.87%, compared to the industry which has advanced 31.04% over the same period. With RSI of 65.64, the stock should still continue to rise and get closer to its one year target estimate of $32, making it a hold for now.

CoreCivic, Inc., together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. It owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies. The company also offers various rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment, as well as food services, work and recreational programs, and healthcare services, such as medical, dental, and mental health services. In addition, it leases its facilities to third-party operators. The company serves federal, state, and local correctional and detention authorities. As of December 31, 2012, the company owned and managed 47 correctional and detention facilities; and managed 20 correctional and detention facilities, which it did not own. CoreCivic, Inc. was founded in 1983 and is based in Nashville, Tennessee.

HollyFrontier Corporation (HFC) retreated with the stock falling -0.56% or $-0.16 to close at $28.43 on light trading volume of 1.65M compared its three months average trading volume of 3.3M. The Dallas Texas 75201 based company operating under the Oil & Gas Refining & Marketing industry has been trending down for the last 52 weeks, with the shares price now -3.51% down for the period and down by -13.22% so far this year. With price target of $34.42 and a 31.88% rebound from 52-week low, HollyFrontier Corporation has plenty of upside potential, making it a hold with a view buy.

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company operates in two segments, Refining and HEP. It primarily produces high-value refined products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, liquid petroleum gas, fuel oil, and specialty and modified asphalt. The company offers its products to other refiners, convenience store chains, independent marketers, retailers, truck stop chains, wholesalers, railroads, governmental entities, paving contractors or manufacturers, and commercial and specialty markets, as well as for commercial airline use. It owns and operates five refineries with a combined crude oil processing capacity of approximately 443,000 barrels per day in El Dorado, Kansas; Tulsa, Oklahoma; Artesia, New Mexico; Cheyenne, Wyoming; Woods Cross, Utah, as well as owns and operates asphalt terminals in Arizona, New Mexico, and Oklahoma; and vacuum distillation and other facilities in Lovington, New Mexico. HollyFrontier Corporation’s refineries serve markets in the Mid-Continent, Southwest, and Rocky Mountain regions of the United States. The company was formerly known as Holly Corporation and changed its name to HollyFrontier Corporation as a result of its merger with Frontier Oil Corporation in July 2011. HollyFrontier Corporation was founded in 1947 and is based in Dallas, Texas.

RXi Pharmaceuticals Corporation (RXII) managed to rebound with the stock climbing 15.88% or $0.1 to close the day at $0.74 on lower than average trading volume of 1.64M shares, compared to its three month average trading volume of 864.10K. The  based company has been outperforming the biotechnology companies by -32.7415% for last three months and its recent losses have trimmed gains to 3.54% YTD, versus the biotechnology industry which is down -4.26% for the same period. The RSI of 41.75 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

RXi Pharmaceuticals Corporation, a clinical-stage RNAi company, focuses on discovering and developing therapies primarily in the areas of dermatology and ophthalmology. The company develops therapies based on siRNA technology and immunotherapy agents. Its clinical development programs include RXI-109, a self-delivering RNAi compound, which is in Phase IIa clinical trial that is used to prevent or reduce dermal scarring following surgery or trauma, as well as for the management of hypertrophic scars and keloids; and a Phase I/II clinical trial in retinal scarring. It is also developing RXI-109 for the treatment of an ophthalmic indication, focusing on retinal and corneal scarring; and Samcyprone, a formulation of diphenylcyclopropenone, which is in Phase II clinical trial for the treatment of various disorders, such as warts, alopecia areata, non-malignant skin tumors, and cutaneous metastases of melanoma. In addition, the company is developing dermal scarring and wart programs with its sd-rxRNA technology. The company was incorporated in 2011 and is headquartered in Marlborough, Massachusetts.