Mark Nelson

Eye Catching Stocks: Gilead Sciences Inc. (GILD), Halliburton Company (HAL), Morgan Stanley (MS)

Gilead Sciences Inc. (GILD) continued its upward trend with the stock climbing 0.73% or $0.51 to close the day at $70.31 on active trading volume of 10.94M shares, compared to its three month average trading volume of 10.57M. The Foster City California 94404 based company has been underperforming the biotechnology group over the past 52 weeks, with the stock losing -19.16%, compared to the industry which has advanced 0.84% over the same period. With RSI of 48.38, the stock should still continue to rise and get closer to its one year target estimate of $84.27, making it a hold for now.

Gilead Sciences Inc., a research-based biopharmaceutical company, discovers, develops, and commercializes medicines in areas of unmet medical needs in North America, South America, Europe, and the Asia-Pacific. The company’s products include Genvoya, Stribild, Complera/Eviplera, Atripla, Truvada, Viread, Emtriva, Tybost, and Vitekta for the treatment of human immunodeficiency virus (HIV) infection in adults; and Harvoni, Sovaldi, Viread, and Hepsera products for the treatment of liver diseases. It also offers Zydelig, a PI3K delta inhibitor, in combination with rituximab, for the treatment of certain blood cancers; Letairis, an endothelin receptor antagonist for the treatment of pulmonary arterial hypertension; Ranexa, a tablet used for the treatment of chronic angina; Lexiscan/Rapiscan injection for use as a pharmacologic stress agent in radionuclide myocardial perfusion imaging; Cayston, an inhaled antibiotic for the treatment of respiratory systems in cystic fibrosis patients; and Tamiflu, an oral antiviral capsule for the treatment and prevention of influenza A and B. In addition, the company provides other products, such as AmBisome, an antifungal agent to treat serious invasive fungal infections; and Macugen, an anti-angiogenic oligonucleotide to treat neovascular age-related macular degeneration. Further, it has product candidates in various stages of development for the treatment of HIV/AIDS and liver diseases, such as hepatitis B virus and hepatitis C virus; inflammation/oncology; serious cardiovascular; and respiratory conditions, as well as diabetic nephropathy and ebola. The company markets its products through its commercial teams and/or in conjunction with third-party distributors and corporate partners. Gilead Sciences Inc. has collaboration agreements with Bristol-Myers Squibb Company, Janssen R&D Ireland, Japan Tobacco Inc., and Galapagos NV. The company was founded in 1987 and is headquartered in Foster City, California.

Halliburton Company (HAL) fell -2.62% during last trading as the stock lost $-1.46 to finish the day at $54.31 with about 10.91M shares changing hands, compared to its three month average trading volume of 8.14M. The $47.54B market cap company, which fluctuated between $54.26 and $56 during the day, currently situated 88.77% above its 52 week low of $30.84 and -7.6% away from its one year high of $58.78. The RSI of 41.8 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Morgan Stanley (MS) saw its value decrease by -0.82% as the stock dropped $-0.38 to finish the day at a closing price of $46.11. The stock was lighter in trading and has fluctuated between $22.68-$46.75 per share for the past year. The shares, which traded within a range of $45.8 to $46.5 during the day, are up by 15.8% in the past three months and up by 53.43% over the past six months. It is currently trading 5.31% above its 20 day moving average and 6.74% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $47.38 a share over the next twelve months. The current relative strength index (RSI) reading is 63.68. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company’s Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides sales and trading services, such as sales, financing, and market-making services in equity securities and fixed income products, including foreign exchange and commodities, as well as prime brokerage services; and corporate lending services, credit products, and investments and research services. Its Wealth Management segment offers various financial services and solutions covering brokerage and investment advisory services, market-making services in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, and banking and retirement plan services to individual investors, small-to-medium sized businesses, and institutions. The company’s Investment Management segment provides various investment strategies and products comprising asset management, including equity, fixed income, liquidity, alternatives, and managed futures products. This segment is also involved in merchant banking and real estate investing businesses. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

 

Stocks on the Move: MetLife, Inc. (MET), KeyCorp (KEY), The Walt Disney Company (DIS)

MetLife, Inc. (MET) failed to extend gains with the stock declining -0.52% or $-0.28 to close the day at $53.65 on active trading volume of 7.51M shares, compared to its three month average trading volume of 5.86M. The New York New York 10166 based company has been outperforming the life insurance group over the past 52 weeks, with the stock gaining 41.65%, compared to the industry which has advanced 43.59% over the same period. With RSI of 51.97, the stock should still continue to rise and get closer to its one year target estimate of $59.86, making it a hold for now.

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

KeyCorp (KEY) fell -0.58% during last trading as the stock lost $-0.11 to finish the day at $18.99 with about 7.24M shares changing hands, compared to its three month average trading volume of 12.85M. The $20.39B market cap company, which fluctuated between $18.85 and $19.11 during the day, currently situated 90.49% above its 52 week low of $10.15 and -1.15% away from its one year high of $19.21. The RSI of 61.8 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

The Walt Disney Company (DIS) saw its value increase by 0.48% as the stock gained $0.53 to finish the day at a closing price of $110.71. The stock was lighter in trading and has fluctuated between $89.61-$111.99 per share for the past year. The shares, which traded within a range of $110.09 to $110.87 during the day, are up by 14.19% in the past three months and up by 15.17% over the past six months. It is currently trading 1.31% above its 20 day moving average and 3.52% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $115.71 a share over the next twelve months. The current relative strength index (RSI) reading is 63.92. The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company’s Media Networks segment operates cable programming services, including the ESPN, Disney channels, and Freeform networks; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio Network; and the Radio Disney network. It also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats, such as DVD, Blu-Ray, and iTunes. Its Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida and the Disneyland Resort in California. This segment also operates Disney Resort & Spa in Hawaii, Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and manages Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, as well as licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort in Japan. The company’s Studio Entertainment segment produces and acquires live-action and animated motion pictures for distribution in the theatrical, home entertainment, and television markets primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm, and Touchstone banners. This segment also produces stage plays and musical recordings; licenses and produces live entertainment events; and provides visual and audio effects, and other post-production services. Its Consumer Products & Interactive Media segment licenses its trade names, characters, and visual and literary properties; develops and publishes games for mobile platforms; and sells its products through The Disney Store, DisneyStore.com, and MarvelStore.com, as well as directly to retailers. The company was founded in 1923 and is based in Burbank, California.

 

Stocks Highlights: Arconic Inc. (ARNC), The Charles Schwab Corporation (SCHW), Anadarko Petroleum Corporation (APC)

Arconic Inc. (ARNC) had a light trading with around 5.03M shares changing hands compared to its three month average trading volume of 5.5M. The stock traded between $29.06 and $29.49 before closing at the price of $29.49 with 0.96% change on the day. The New York New York 10022 based company is currently trading 76.52% above its 52 week low of $16.75 and -2.22% below its 52 week high of $30.16. Both the RSI indicator and target price of 85.24 and $26 respectively, lead us to believe that it could drop over the coming weeks.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

The Charles Schwab Corporation (SCHW) failed to extend gains with the stock declining -1.45% or $-0.61 to close the day at $41.55 on light trading volume of 4.99M shares, compared to its three month average trading volume of 8.73M. The San Francisco California 94105 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 73.54%, compared to the industry which has advanced 65.85% over the same period. With RSI of 57.03, the stock should still continue to rise and get closer to its one year target estimate of $45.31, making it a hold for now.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, money management, custody, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business. The Advisor Services segment provides custodial, trading, and support services; and retirement and corporate brokerage retirement services. The company provides brokerage accounts with cash management capabilities; third-party mutual funds through the Mutual Fund Marketplace, including no-transaction fee mutual funds through the Mutual Fund OneSource service, which includes proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; exchange-traded funds (ETFs), including proprietary and third-party ETFs; and advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. It also offers banking products and services, including checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans, home equity loans and lines of credit, and Pledged Asset Lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. The company serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, London, and Hong Kong. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.

Anadarko Petroleum Corporation (APC) shares were down in last trading by -1.36% to $66.6. It experienced higher than average volume on day. The stock decreased in value by almost -2.66% over the past week and fell -4.71% in the past month. It is currently trading -4.91% below its 50 day moving average and 11.28% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -9.18% decrease in value from its one year high of $73.33. The RSI indicator value of 38.46, lead us to believe that it is a hold for now.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas, and natural gas liquids (NGLs). The Midstream segment provides gathering, processing, treating, and transportation services to Anadarko and third-party oil, natural-gas, and NGLs producers, as well as owns and operates gathering, processing, treating, and transportation systems in the United States. The Marketing segment markets oil, natural gas, and NGLs in the United States; oil and NGLs internationally; and anticipated liquefied natural gas production from Mozambique. The company’s asset portfolio includes U.S. onshore resource plays in the Rocky Mountains area, the southern United States, the Appalachian basin, and Alaska; the deepwater Gulf of Mexico; and in Algeria, Ghana, Mozambique, Colombia, Côte d’Ivoire, New Zealand, Kenya, and other countries. As of December 31, 2015, it had approximately 2.1 billion barrels of oil equivalent of proved reserves. Anadarko Petroleum Corporation was founded in 1959 and is headquartered in The Woodlands, Texas.

 

Stocks in the Spotlight: Aetna Inc. (AET), Tyson Foods, Inc. (TSN), FirstEnergy Corp. (FE)

Aetna Inc. (AET) had a active trading with around 3.82M shares changing hands compared to its three month average trading volume of 3.11M. The stock traded between $127.38 and $129.62 before closing at the price of $129.49 with 0.82% change on the day. The Hartford Connecticut 06156 based company is currently trading 31.12% above its 52 week low of $102.52 and -4.94% below its 52 week high of $136.5. Both the RSI indicator and target price of 69.82 and $139.56 respectively, lead us to believe that it should be put on hold over the coming weeks.

Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management services, dental, behavioral health, and vision plans on an insured basis, as well as an employer-funded or administrative services contract basis. It also provides point-of-service, preferred provider organization, health maintenance organization, and indemnity benefit plans, as well as health savings accounts and consumer-directed health plans. In addition, this segment offers Medicare and Medicaid products and services, as well as other medical products, such as medical management and data analytics services, medical stop loss insurance, workers’ compensation administrative services, and products that provide access to its provider networks in select geographies. The Group Insurance segment offers life insurance products, including group term life insurance, voluntary spouse and dependent term life insurance, group universal life insurance, and accidental death and dismemberment insurance; disability insurance products; and long-term care insurance products, which provide the benefits to cover the cost of care in private home settings, adult day care, assisted living, or nursing facilities. The Large Case Pensions segment manages retirement products, including pension and annuity products primarily for tax-qualified pension plans. The company offers its products to employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Aetna Inc. has a collaboration agreement with Commonwealth Health to introduce a new health plan; and Regional Cancer Care Associates to create an oncology medical home. The company was founded in 1853 and is based in Hartford, Connecticut.

Tyson Foods, Inc. (TSN) failed to extend gains with the stock declining -0.66% or $-0.43 to close the day at $64.9 on light trading volume of 3.81M shares, compared to its three month average trading volume of 3.87M. The Springdale Arkansas 72762 based company has been outperforming the meat products group over the past 52 weeks, with the stock gaining 4.16%, compared to the industry which has dropped -1.32% over the same period. With RSI of 56.77, the stock should still continue to rise and get closer to its one year target estimate of $70.33, making it a hold for now.

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.

FirstEnergy Corp. (FE) shares were up in last trading by 0.72% to $30.62. It experienced lighter than average volume on day. The stock increased in value by almost 2.48% over the past week and grew 0.76% in the past month. It is currently trading 1.06% above its 50 day moving average and -4.14% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -13.46% decrease in value from its one year high of $36.6. The RSI indicator value of 57.38, lead us to believe that it is a hold for now.

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,211 pole miles of overhead and underground transmission lines; and electric distribution systems, including 268,682 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits; as well as owns substations with a total installed transformer capacity of approximately 154,612,802 kilovolt-amperes. The company serves approximately six million customers within 65,000 square miles in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is based in Akron, Ohio.

 

Investor’s Alert: PPL Corporation (PPL), Carnival Corporation (CCL), Amgen Inc. (AMGN)

PPL Corporation (PPL) continued its upward trend with the stock climbing 0.68% or $0.24 to close the day at $35.72 on lower than average trading volume of 2.69M shares, compared to its three month average trading volume of 3.57M. The Allentown Pennsylvania 18101 based company has been outperforming the electric utilities companies by 8.6466% for last three months and its recent gains have pushed the stock slightly up 4.9% YTD, versus the electric utilities industry which is up 2.34% for the same period. The RSI of 63.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Carnival Corporation (CCL) had a light trading with around 2.67M shares changing hands compared to its three month average trading volume of 3.32M. The stock traded between $55.7 and $56.46 before closing at the price of $56.03 with -0.8% change on the day. The Miami Florida 33178 based company is currently trading 32.35% above its 52 week low of $42.84 and -3.05% below its 52 week high of $57.79. Both the RSI indicator and target price of 60.91 and $57.36 respectively, lead us to believe that it should be put on hold over the coming weeks.

Carnival Corporation operates as a leisure travel and cruise company in North America, Europe, Australia, and Asia. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. The company operates approximately 100 cruise ships. It also owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon, which owns and operates hotels, lodges, glass-domed railcars, and motor coaches. In addition, the company is involved in the leasing of cruise ships. It sells its cruises primarily through travel agents and tour operators. The company was incorporated in 1972 and is headquartered in Miami, Florida. Carnival Corporation is a subsidiary of Carnival Corporation & Plc.

Amgen Inc. (AMGN) traded within a range of $170.3 to $172.17 after opening the day at $171.56. The company has seen its stock increase in value by 18.53% so far this year. The stock was up close to 0.19% on light volume in last trading session and closed at $172.11 per share. After the recent gain, the stock is currently holding -1.35% below its 52 week high of $176.85 and 30.55% above its 12-month low of $133.64. The shares are up by over 17.84% in the last three months, and the RSI indicator value of 76.87 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It offers products for the treatment of illness in the areas of oncology/hematology, cardiovascular, inflammation, bone health, nephrology, and neuroscience. The company’s products include Evenity to treat osteoporosis in postmenopausal women; Prolia to treat postmenopausal women with osteoporosis; Xgeva for the prevention of skeletal-related events; Repatha to treat coronary artery diseases; Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Parsabiv to treat secondary hyperparathyroidism (sHPT); and Erenumab for the prevention of chronic migraine. Its products also comprise Blincyto to treat patients with Philadelphia chromosome-negative relapsed or refractory B-cell precursor acute lymphoblastic leukemia; Kyprolis, a proteasome inhibitor to treat patients with multiple myeloma and small-cell lung cancer; Nplate, a thrombopoietic compound; AMJEVITA to treat psoriatic arthritis and polyarticular juvenile idiopathic arthritis, as well as ankylosing spondylitis and moderate-to-severe rheumatoid arthritis; ABP 215 for biosimilar candidates; and ABP 980 to treat human epidermal growth factor receptor 2-positive early breast cancer. The company’s other marketed products include Neulasta, a pegylated protein to treat cancer patients; Aranesp to treat anemia; Sensipar/Mimpara products for use to treat sHPT in chronic kidney disease; EPOGEN to treat a lower-than-normal number of red blood cells; NEUPOGEN, a recombinant-methionyl human granulocyte colony-stimulating factor; and IMLYGIC to treat various cancer cells. It serves pharmaceutical wholesale distributors; and physicians or their clinics, dialysis centers, hospitals, and pharmacies, as well as consumers. The company has collaborative agreements with Pfizer Inc.; UCB; and Bayer HealthCare Pharmaceuticals Inc. Amgen Inc. was founded in 1980 and is headquartered in Thousand Oaks, California.

 

Stocks To Watch: Digital Realty Trust, Inc. (DLR), WEC Energy Group, Inc. (WEC), Waste Management, Inc. (WM)

Digital Realty Trust, Inc. (DLR) traded within a range of $102.82 to $105.59 after opening the day at $104.74. The company has seen its stock increase in value by 4.97% so far this year. The stock was down close to -1.24% on active volume in last trading session and closed at $103.14 per share. After the recent fall, the stock is currently holding -7.21% below its 52 week high of $113.21 and 39.18% above its 12-month low of $76.93. The shares are up by over 14.88% in the last three months, and the RSI indicator value of 42.96 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. It focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology departments of Fortune 1000 companies, and financial services companies. The company’s property portfolio consists of Internet gateway properties, corporate datacenter properties, technology manufacturing properties, and regional or national offices of technology companies. As of December 31, 2008, Digital Realty’s portfolio consisted of 75 properties, including 62 located in North America and 13 located in Europe. Digital Realty Trust has elected to be treated as a REIT for federal income tax purposes and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its stockholders. The company was founded in 2004 and is headquartered in San Francisco, California with additional offices in Boston, Chicago, Dallas, Los Angeles, New York, Northern Virginia, and Phoenix, as well as in Dublin, London, and Paris.

WEC Energy Group, Inc. (WEC) managed to rebound with the stock climbing 0.79% or $0.45 to close the day at $57.48 on active trading volume of 2.26M shares, compared to its three month average trading volume of 1.58M. The Milwaukee Wisconsin 53203 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 5.01%, compared to the industry which has advanced 9.24% over the same period. With RSI of 49.27, the stock should still continue to rise and get closer to its one year target estimate of $59.5, making it a hold for now.

WEC Energy Group, Inc., through its subsidiaries, generates and distributes electric energy. The company operates through Wisconsin, Illinois, Other States, electric transmission, and We Power, Corporate and Other segments. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass. The company provides electric utility services to customers in the mining, paper, foundry, food products, and machinery production industries, as well as to health services, governmental, and large retail chains. It also provides retail natural gas distribution services in the state of Wisconsin, as well as transports customer-owned natural gas; and generates, distributes, and sells steam. The company serves approximately 1.6 million electric customers and 2.8 million natural gas customers. In addition, it invests in and develops real estate, including business parks and other commercial real estate projects primarily in southeastern Wisconsin. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1981 and is headquartered in Milwaukee, Wisconsin.

Waste Management, Inc. (WM) dropped $-0.17 to close the day at a new closing price of $71.18, a -0.24% decrease in value from its previous closing price that moved the stock 35.23% above its 52 week low of $54.86. A total of 2.25M shares exchanged hands during the day compared with its three month average trading volume of 1.65M. The stock, which fluctuated between $69.55 and $71.23 during the day, currently situated -0.84% below its 52 week high. The stock is up by 2.28% in the past one month and up by 4.29% over the past three months. With a one year target estimate of $73 and RSI of 67.46, the stock still has upside potential, making it a hold for now.

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offer collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, and a material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2015, the company owned or operated 104 MRFs; and 244 solid waste landfills and 5 secure hazardous waste landfills, as well as 297 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services that comprise managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services associated with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services, such as full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. Further, it provides portable self-storage, long distance moving, and fluorescent lamp recycling services; portable restroom services under the name of Port-o-Le; and street and parking lot sweeping services, as well as holds interests in oil and gas producing properties. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.

 

Traders Recap: Pioneer Natural Resources Company (PXD), Public Service Enterprise Group Incorporated (PEG), Franklin Resources, Inc. (BEN)

Pioneer Natural Resources Company (PXD) continued its downward trend with the stock declining -2.28% or $-4.51 to close the day at $193.21 on higher than average trading volume of 1.95M shares, compared to its three month average trading volume of 1.67M. The Irving Texas 75039 based company has been outperforming the independent oil & gas companies by 8.0769% for last three months and its recent gains have pushed the stock slightly up 7.3% YTD, versus the independent oil & gas industry which is down -3.29% for the same period. The RSI of 58.89 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Public Service Enterprise Group Incorporated (PEG) had a light trading with around 1.95M shares changing hands compared to its three month average trading volume of 2.37M. The stock traded between $43.24 and $43.66 before closing at the price of $43.66 with 1.04% change on the day. The Newark New Jersey 07102 based company is currently trading 12.26% above its 52 week low of $39.28 and -5.24% below its 52 week high of $47.41. Both the RSI indicator and target price of 50.98 and $45.88 respectively, lead us to believe that it should be put on hold over the coming weeks.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of approximately 11,678 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products. The company also transmits electricity; and distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and implements energy efficiency and demand response programs. In addition, it offers appliance services and repairs to customers. As of December 31, 2015, the company’s electric transmission and distribution system included 24,022 circuit miles, of which 8,226 circuit miles were underground; and 848,496 poles, of which 549,636 poles were jointly-owned, as well as 4 electric distribution headquarters and 5 sub-headquarters. It also owned and operated 18,112 miles of gas mains; owned 12 gas distribution headquarters and 2 sub-headquarters; owned 1 meter shop; operated 60 natural gas metering and regulating stations; and owned 43 switching stations with an aggregate installed capacity of 29,090 megavolt-amperes (MVA) and 246 substations with an aggregate installed capacity of 8,179 MVA. Public Service Enterprise Group Incorporated was founded in 1985 and is headquartered in Newark, New Jersey.

Franklin Resources, Inc. (BEN) traded within a range of $42.1 to $42.8 after opening the day at $42.7. The company has seen its stock increase in value by 6.85% so far this year. The stock was down close to -1.01% on light volume in last trading session and closed at $42.29 per share. After the recent fall, the stock is currently holding -1.26% below its 52 week high of $42.83 and 40.63% above its 12-month low of $30.56. The shares are up by over 9.23% in the last three months, and the RSI indicator value of 64.87 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.

 

3 Trending Stocks: EOG Resources, Inc. (EOG), Berkshire Hathaway Inc. (BRK-B), Express Scripts Holding Company (ESRX)

EOG Resources, Inc. (EOG) continued its downward trend with the stock declining -0.58% or $-0.58 to close the day at $100.17 on light trading volume of 3.15M shares, compared to its three month average trading volume of 3.51M. The Houston Texas 77002 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 45.3%, compared to the industry which has advanced 46% over the same period. With RSI of 44.27, the stock should still continue to rise and get closer to its one year target estimate of $112.56, making it a hold for now.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People’s Republic of China. As of December 31, 2015, it had total estimated net proved reserves of 2,118 million barrels of oil equivalent, including 1,098 million barrels (MMBbl) crude oil and condensate reserves; 383 MMBbl of natural gas liquid reserves; and 3,825 billion cubic feet of natural gas reserves. EOG Resources, Inc. was founded in 1985 and is headquartered in Houston, Texas.

Berkshire Hathaway Inc. (BRK-B) climbed 0.27% during last trading as the stock added $0.46 to finish the day at $167.74 with about 3.15M shares changing hands, compared to its three month average trading volume of 3.48M. The $413.81B market cap company, which fluctuated between $166.1 and $167.8 during the day, currently situated 30.98% above its 52 week low of $128.88 and 0.24% away from its one year high of $167.8. The RSI of 67.06 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Berkshire Hathaway Inc. operates as a holding company. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, and distributes electricity from solar, wind, nuclear, geothermal, and hydro sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets. In addition, it offers real estate brokerage services; invests in fixed-income and equity instruments; and engages in manufactured housing and finance business, leasing of transportation equipment, and furniture leasing activities. Further, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and other products; flooring, insulation, roofing and engineered, building and engineered components, paint and coating, and bricks and masonry products; recreational vehicles, apparel products, jewelry, and custom picture framing products; and alkaline batteries. Additionally, it manufactures structural investment castings and forged components, machined airframe components and engineered critical fasteners; airfoil castings; titanium and nickel superalloy melted and mill products; and seamless pipes, fittings, and forgings. The company distributes newspapers, televisions, and information; franchises and services quick service restaurants; distributes electronic components; and offers steel and logistics services, professional aviation training programs, and fractional aircraft ownership programs. In addition, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchen tools; and motorcycle apparel and equipment. The company was founded in 1889 and is headquartered in Omaha, Nebraska.

Express Scripts Holding Company (ESRX) saw its value decrease by -0.33% as the stock dropped $-0.23 to finish the day at a closing price of $69.23. The stock was lighter in trading and has fluctuated between $64.46-$80.02 per share for the past year. The shares, which traded within a range of $68.48 to $69.78 during the day, are down by -10.25% in the past three months and down by -9.66% over the past six months. It is currently trading 0.37% above its 20 day moving average and -1.55% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $81.11 a share over the next twelve months. The current relative strength index (RSI) reading is 50.16. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States, Canada, and Europe. It operates in two segments, PBM and Other Business Operations. The PBM segment offers clinical solutions, specialized pharmacy care, home delivery and specialty pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management, administration of a group purchasing organization, and consumer health and drug information services. This segment also provides Medicare, Medicaid, and health insurance marketplace products; and Express Scripts SafeGuardRxSM, a suite of solutions targeting the medication classes that pose a budgetary threat to its clients. The Other Business Operations segment distributes pharmaceuticals and medical supplies, including injectable and infusible pharmaceuticals and medications to treat specialty and rare/orphan diseases. This segment also provides consulting services, such as design, implementation, and project management for pharmaceutical and biotechnology manufacturers to collect scientific evidence to guide the use of medicines. The company serves care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans, government health programs, providers, clinics, hospitals, and others. As of December 31, 2016, it operated four automated dispensing home delivery pharmacies; one non-automated dispensing home delivery pharmacy; and one non-dispensing home delivery pharmacy, as well as various non-dispensing order processing and patient contact centers, specialty drug pharmacies, and fertility pharmacies. The company was formerly known as Aristotle Holding, Inc. and changed its name to Express Scripts Holding Company in April 2012. Express Scripts Holding Company was founded in 1986 and is headquartered in Saint Louis, Missouri.

 

Worth Watching Stocks: Under Armour, Inc. (UA), Cypress Semiconductor Corporation (CY), JetBlue Airways Corporation (JBLU)

Under Armour, Inc. (UA) saw its value increase by 2.32% as the stock gained $0.45 to finish the day at a closing price of $19.86. The stock was higher in trading and has fluctuated between $17.77-$46.2 per share for the past year. The shares, which traded within a range of $19.16 to $19.91 during the day, are down by -36.28% in the past three months and down by -53.08% over the past six months. It is currently trading -8.19% below its 20 day moving average and -19.69% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $23 a share over the next twelve months. The current relative strength index (RSI) reading is 37.68.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

Cypress Semiconductor Corporation (CY) shares were up in last trading by 2.34% to $12.9. It experienced higher than average volume on day. The stock increased in value by almost 1.94% over the past week and grew 12.82% in the past month. It is currently trading 10.74% above its 50 day moving average and 18.41% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.58% decrease in value from its one year high of $12.98. The RSI indicator value of 65.12, lead us to believe that it is a hold for now.

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

JetBlue Airways Corporation (JBLU) traded within a range of $19.85 to $20.32 after opening the day at $19.9. The company has seen its stock decrease in value by -11.2% so far this year. The stock was up close to 1.27% on active volume in last trading session and closed at $19.91 per share. After the recent gain, the stock is currently holding -15.89% below its 52 week high of $23.67 and 34.89% above its 12-month low of $14.76. The shares are up by over 0.91% in the last three months, and the RSI indicator value of 43.71 is neither bullish nor bearish, tempting investors to stay on the sidelines.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 25 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 Embraer E190 aircrafts. It also served 93 destinations in 28 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 19 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.

 

Stocks To Watch: Callon Petroleum Company (CPE), Amyris, Inc. (AMRS), Sino-Global Shipping America, Ltd. (SINO)

Callon Petroleum Company (CPE) traded within a range of $14.68 to $15.02 after opening the day at $14.73. The company has seen its stock decrease in value by -2.93% so far this year. The stock was up close to 0.47% on light volume in last trading session and closed at $14.92 per share. After the recent gain, the stock is currently holding -19.48% below its 52 week high of $18.53 and 161.75% above its 12-month low of $5.7. The shares are up by over 6.5% in the last three months, and the RSI indicator value of 49.33 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Callon Petroleum Company, an independent oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2015, the company estimated net proved reserves totaled 54.3 million barrel of oil equivalent. Callon Petroleum Company was founded in 1950 and is headquartered in Natchez, Mississippi.

Amyris, Inc. (AMRS) continued its downward trend with the stock declining -6.79% or $-0.04 to close the day at $0.52 on active trading volume of 4.46M shares, compared to its three month average trading volume of 2.18M. The Emeryville California 94608 based company has been underperforming the specialty chemicals group over the past 52 weeks, with the stock losing -64.97%, compared to the industry which has advanced 33.12% over the same period. With RSI of 39.38, the stock should still continue to rise and get closer to its one year target estimate of $2.77, making it a hold for now.

Amyris, Inc. provides various alternatives to a range of petroleum-sourced products worldwide. The company uses its industrial bioscience technology to design microbes primarily yeast, as well as to convert plant-sourced sugars into renewable hydrocarbons. It produces and sells Biofene that converts to squalane, which is used as an emollient in cosmetics and other personal care products; and natural oils and aroma chemicals for the flavors and fragrances market. The company also provides renewable solvents, polymers, and renewable lubricants for industrial applications; and renewable fuels for transportation fuels market. It has a collaboration partnership with Total S.A. to produce and commercialize Biofene-based diesel and jet fuels. The company was formerly known as Amyris Biotechnologies, Inc. and changed its name to Amyris, Inc. in June 2010. Amyris, Inc. was founded in 2003 and is headquartered in Emeryville, California.

Sino-Global Shipping America, Ltd. (SINO) dropped $-1.08 to close the day at a new closing price of $3.33, a -24.49% decrease in value from its previous closing price that moved the stock 732.5% above its 52 week low of $0.4. A total of 4.46M shares exchanged hands during the day compared with its three month average trading volume of 2.52M. The stock, which fluctuated between $3.21 and $3.75 during the day, currently situated -76.55% below its 52 week high. The stock is up by 7.77% in the past one month and up by 86.03% over the past three months. With a one year target estimate of $0 and RSI of 51.25, the stock still has upside potential, making it a hold for now.

Sino-Global Shipping America, Ltd. provides shipping agency and inland transportation management services in the United States, the People’s Republic of China, Australia, and Canada. Its shipping agency services include loading/discharging and protective services. The company was founded in 2001 and is headquartered in Roslyn, New York.