Mark Nelson

Stocks Trend Analysis: American Airlines Group Inc. (AAL), Delta Air Lines, Inc. (DAL), Corning Incorporated (GLW)

American Airlines Group Inc. (AAL) failed to extend gains with the stock declining -1.77% or $-0.84 to close the day at $46.57 on light trading volume of 6.25M shares, compared to its three month average trading volume of 6.61M. The Fort Worth Texas 76155 based company has been outperforming the major airlines group over the past 52 weeks, with the stock gaining 21.9%, compared to the industry which has advanced 19.92% over the same period. With RSI of 51.09, the stock should still continue to rise and get closer to its one year target estimate of $54.33, making it a hold for now.

American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated a mainline fleet of 946 aircraft. It serves 350 destinations in approximately 50 countries. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1934 and is headquartered in Fort Worth, Texas.

Delta Air Lines, Inc. (DAL) retreated with the stock falling -0.4% or $-0.2 to close at $49.86 on light trading volume of 7.02M compared its three months average trading volume of 7.68M. The Atlanta Georgia 30354 based company operating under the Major Airlines industry has been trending up for the last 52 weeks, with the shares price now 13.34% up for the period and up by 1.36% so far this year. With price target of $0 and a 54.49% rebound from 52-week low, Delta Air Lines, Inc. has plenty of upside potential, making it a hold with a view buy.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile, telephone reservations, traditional brick and mortar, and online travel agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 3, 2016, the company operated a fleet of approximately 800 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Corning Incorporated (GLW) continued its upward trend with the stock climbing 1.91% or $0.51 to close the day at $27.24 on higher than average trading volume of 8.98M shares, compared to its three month average trading volume of 7.04M. The Corning New York 14831 based company has been outperforming the diversified electronics companies by 16.9864% for last three months and its recent gains have pushed the stock slightly up 12.24% YTD, versus the diversified electronics industry which is up 5.84% for the same period. The RSI of 71.25 indicates the stock is overbought at the current levels, sell for now.

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials in North America, the Asia Pacific, Europe, and internationally. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) used in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for various carrier network applications. This segment also offers subscriber demarcation, connection and protection devices, passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary, and gasoline and diesel applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment manufactures and supplies scientific laboratory products consisting of consumables, such as plastic vessels, specialty surfaces, and media, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry; and develops and produces technologies for biologic drug production markets. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

 

Three Movers to Watch for: RingCentral, Inc. (RNG), Vince Holding Corp (VNCE), Atwood Oceanics, Inc. (ATW)

RingCentral, Inc. (RNG) grew with the stock adding 0.42% or $0.1 to close at $23.9 on light trading volume of 2.63M compared its three months average trading volume of 564.19K. The Belmont California 94002 based company operating under the Application Software industry has been trending up for the last 52 weeks, with the shares price now 37.04% up for the period and up by 16.02% so far this year. With price target of $28.73 and a 72.19% rebound from 52-week low, RingCentral, Inc. has plenty of upside potential, making it a hold with a view buy.

RingCentral, Inc. provides software-as-a-service solutions for business communications primarily in the United States. The company’s products include RingCentral Office, a multi-location, multi-user, enterprise-grade communications solution that enables employees to communicate through voice, text, team messaging collaboration, HD video for Web conferencing, and fax on devices, including smartphones, tablets, PCs, and desk phones for businesses that require a communications solution; RingCentral Professional, an inbound call routing service with text and fax capabilities primarily for smaller businesses; and RingCentral Fax solution that provides Internet fax capabilities, which allow businesses to send and receive fax documents without the need for a fax machine. Its products also comprise RingCentral Contact Center, which provides a cloud based contact center solution that delivers multi-channel capabilities; and Glip by RingCentral, a team messaging and collaboration solution that allows diverse teams to stay connected through multiple modes of communication through an integration with RingCentral Office. The company serves advertising, consulting, finance, healthcare, legal, real estate, retail, and technology industries through its direct sales representatives and resellers. RingCentral, Inc. was founded in 1999 and is headquartered in Belmont, California.

Vince Holding Corp (VNCE) dropped $-0.4 to close the day at a new closing price of $2.1, a -16% decrease in value from its previous closing price that moved the stock -4.55% below its 52 week low of $1.95. A total of 2.59M shares exchanged hands during the day compared with its three month average trading volume of 582.97K. The stock, which fluctuated between $1.95 and $2.53 during the day, currently situated -74.11% below its 52 week high. The stock is down by -32.26% in the past one month and down by -58.42% over the past three months. With a one year target estimate of $4.75 and RSI of 24.26, the stock still has upside potential, making it a buy for now.

Vince Holding Corp. engages in the design, merchandise, and sale of various contemporary fashion brand products in the United States and internationally. It operates through two segments, Wholesale and Direct-To-Consumer. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, denims, tanks, T-shirts, pants, handbags, and outerwear under Vince brand; and men’s products comprising T-shirts, knit and woven tops, sweaters, denim, pants, blazers, outerwear, and leather jackets under Vince brand. It also provides women’s and men’s footwear, and children’s apparel products. The company sells its products directly to consumers through its branded specialty retail stores and outlet stores, as well as through Vince.com, an e-commerce platform; and to department stores and specialty stores. As of January 30, 2016, it operated 48 retail stores, including 34 company-operated full price stores and 14 company-operated outlet stores, as well as VINCE.com and e-commerce sites; and sold its products to consumers at approximately 2,500 distribution locations in 38 countries. The company was formerly known as Apparel Holding Corp. and changed its name to Vince Holding Corp. in November 2013. Vince Holding Corp. was founded in 2002 and is based in New York, New York.

Atwood Oceanics, Inc. (ATW) shares were up in last trading by 1.86% to $10.98. It experienced lighter than average volume on day. The stock increased in value by almost 2.62% over the past week and fell -20.72% in the past month. It is currently trading -13.9% below its 50 day moving average and 5.07% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -28.56% decrease in value from its one year high of $15.37. The RSI indicator value of 35.35, lead us to believe that it is a hold for now.

Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. As of November 11, 2016, it owned a fleet of 10 mobile offshore drilling units. The company operates its fleet in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia, and offshore Australia. Atwood Oceanics, Inc. was founded in 1968 and is headquartered in Houston, Texas.

 

Stocks Intraday Alert: V.F. Corporation (VFC), Host Hotels & Resorts, Inc. (HST), Yum! Brands, Inc. (YUM)

V.F. Corporation (VFC) continued its upward trend with the stock climbing 0.95% or $0.48 to close the day at $50.87 on higher than average trading volume of 3.67M shares, compared to its three month average trading volume of 3.57M. The Greensboro North Carolina 27408 based company has been underperforming the textile – apparel clothing companies by -10.024% for last three months and its recent losses have pulled the stock down -4.65% YTD, versus the textile – apparel clothing industry which is down -7.56% for the same period. The RSI of 47.32 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the United States and Europe. The company primarily offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, surfing-inspired footwear, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands. It also provides denim, casual apparel, footwear, and accessories under the Wrangler, Lee, Lee Casuals, Riders by Lee, Rustler, Timber Creek by Wrangler, and Rock & Republic brands. In addition, the company offers occupational, protective occupational, athletic, licensed athletic, and licensed apparel products under the Red Kap, Bulwark, Horace Small, Majestic, MLB, NFL, and Harley-Davidson brands; sportswear apparel, luggage, and accessories under the Nautica brand; and handbags, luggage, backpacks, totes, and accessories under the Kipling brand. Further, it provides premium denim apparel, footwear, and accessories under the 7 For All Mankind, Splendid, and Ella Moss brands. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through company operated stores, concession retail stores, and e-commerce sites. V.F. Corporation was founded in 1899 and is headquartered in Greensboro, North Carolina.

Host Hotels & Resorts, Inc. (HST) had a active trading with around 7.87M shares changing hands compared to its three month average trading volume of 10.28M. The stock traded between $18.24 and $18.76 before closing at the price of $18.75 with 1.02% change on the day. The Bethesda Maryland 20817 based company is currently trading 36.43% above its 52 week low of $14.3 and -3.75% below its 52 week high of $19.51. Both the RSI indicator and target price of 60.34 and $18.18 respectively, lead us to believe that it should be put on hold over the coming weeks.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland. The firm primarily invests in luxury and upper upscale hotels. It was formerly known as Host Marriott Corporation. Host Hotels & Resorts, Inc. was founded in 1927 and is based in Bethesda, Maryland.

Yum! Brands, Inc. (YUM) traded within a range of $68.12 to $68.7 after opening the day at $68.25. The company has seen its stock increase in value by 8.79% so far this year. The stock was up close to 0.69% on light volume in last trading session and closed at $68.58 per share. After the recent gain, the stock is currently holding -0.58% below its 52 week high of $68.98 and 42.95% above its 12-month low of $49.97. The shares are up by over 13.51% in the last three months, and the RSI indicator value of 78.37 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

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

 

3 Stocks in Focus: L Brands, Inc. (LB), Alaska Air Group, Inc. (ALK), T. Rowe Price Group, Inc. (TROW)

L Brands, Inc. (LB) climbed 0.55% during last trading as the stock added $0.32 to finish the day at $58.14 with about 3.84M shares changing hands, compared to its three month average trading volume of 2.47M. The $16.63B market cap company, which fluctuated between $57.6 and $58.7 during the day, currently situated 1.15% above its 52 week low of $57.48 and -32.8% away from its one year high of $88.77. The RSI of 32.35 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Alaska Air Group, Inc. (ALK) dropped $-1.72 to close the day at a new closing price of $96.3, a -1.75% decrease in value from its previous closing price that moved the stock 78.07% above its 52 week low of $54.51. A total of 1.25M shares exchanged hands during the day compared with its three month average trading volume of 1.27M. The stock, which fluctuated between $95.66 and $98.3 during the day, currently situated -2.62% below its 52 week high. The stock is up by 2.1% in the past one month and up by 28.01% over the past three months. With a one year target estimate of $102.65 and RSI of 57.86, the stock still has upside potential, making it a hold for now.

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through three segments: Alaska Mainline, Alaska Regional, and Horizon. It has a network of approximately 1,200 daily flights to 118 destinations across the United States, Mexico, Canada, Costa Rica, and Cuba. The company was founded in 1932 and is based in Seattle, Washington.

  1. Rowe Price Group, Inc. (TROW) had a light trading with around 1.43M shares changing hands compared to its three month average trading volume of 1.95M. The stock traded between $69.44 and $70.08 before closing at the price of $69.86 with 0.06% change on the day. The Baltimore Maryland 21202 based company is currently trading 11.74% above its 52 week low of $62.97 and -10.88% below its 52 week high of $79. Both the RSI indicator and target price of 46.06 and $71.73 respectively, lead us to believe that it should be put on hold over the coming weeks.
  2. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.

 

Stocks in the Spotlight: Weyerhaeuser Co. (WY), Red Hat, Inc. (RHT), Abbott Laboratories (ABT)

Weyerhaeuser Co. (WY) had a light trading with around 4.17M shares changing hands compared to its three month average trading volume of 4.29M. The stock traded between $32.97 and $33.57 before closing at the price of $33.29 with -1.48% change on the day. The Federal Way Washington 98003 based company is currently trading 53.08% above its 52 week low of $22.35 and -2.09% below its 52 week high of $34. Both the RSI indicator and target price of 63.81 and $34.46 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Red Hat, Inc. (RHT) continued its upward trend with the stock climbing 0.4% or $0.32 to close the day at $80.09 on light trading volume of 1.31M shares, compared to its three month average trading volume of 1.92M. The Raleigh North Carolina 27601 based company has been outperforming the application software group over the past 52 weeks, with the stock gaining 25.45%, compared to the industry which has advanced 29.41% over the same period. With RSI of 66.08, the stock should still continue to rise and get closer to its one year target estimate of $86.2, making it a hold for now.

Red Hat, Inc. provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide. It offers infrastructure-related solutions, such as Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in physical, virtual, container, and cloud environments; Red Hat Satellite, a system management offering that helps to deploy and manage Red Hat infrastructure across physical and virtual servers, and cloud environments; and Red Hat Enterprise Virtualization, a software solution that allows customers to utilize and manage a common hardware infrastructure to run multiple operating systems and applications. The company offers application development-related and other technology solutions, such as Red Hat JBoss Middleware, a solution for developing, deploying, and managing applications, as well as integrating applications, data, and devices along with business processes automation; Red Hat cloud offerings, a software solution that enables customers to build and manage various cloud computing environments; Red Hat Mobile, a software development platform that enables customers to develop, integrate, deploy, and manage mobile applications for enterprises; and Red Hat Storage, a software solution that enables customers to treat physical server storage as a scalable, shared, centrally-managed pool of virtual storage and to manage large, unstructured, or semi-structured data in physical, virtual, and cloud environments. It also provides consulting, support, and training services; and real-time operating system, distributed computing, directory services, and user authentication. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.

Abbott Laboratories (ABT) shares were up in last trading by 0.99% to $43.65. It experienced lighter than average volume on day. The stock increased in value by almost 1.77% over the past week and grew 6.65% in the past month. It is currently trading 9.27% above its 50 day moving average and 8.66% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.45% decrease in value from its one year high of $45.79. The RSI indicator value of 76.02, lead us to believe that it may reverse gains in the near term.

Abbott Laboratories manufactures and sells health care products worldwide. The company’s Established Pharmaceutical Products segment offers branded generic pharmaceuticals to treat pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptoms; gynecological disorders; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière’s disease and vestibular vertigo; pain, fever, and inflammation; migraines; anti-infective clarithromycin; and influenza vaccines, as well as to regulate physiological rhythm of the colon. Its Diagnostic Products segment provides immunoassay and clinical chemistry systems; assays used to screen and/or diagnosis cancer, cardiac, drugs of abuse, fertility, infectious diseases, and therapeutic drug monitoring; hematology systems and reagents; diagnostic systems and cartridges; instruments to automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detects and measures infectious agents; genomic-based tests; informatics and automation solutions; and instrument used to identify infection-causing pathogens. The company’s Nutritional Products segment provides pediatric and adult nutritional products. Its Vascular Products segment offers coronary, endovascular, vessel closure, and structural heart devices to treat vascular disease. The company also provides blood and flash glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes; and medical devices for the eye, such as cataract and LASIK surgery, contact lens care, and dry eye products. In addition, it develops cardiovascular medical devices. It serves retailers, wholesalers, hospitals, health care facilities, laboratories, physicians’ offices, and government agencies. The company has strategic alliance with Fonterra. The company was founded in 1888 and is headquartered in Abbott Park, Illinois.

 

Investor’s Watch List: Conagra Brands, Inc. (CAG), Activision Blizzard, Inc. (ATVI), Monster Beverage Corporation (MNST)

Conagra Brands, Inc. (CAG) had a light trading with around 1.83M shares changing hands compared to its three month average trading volume of 3.17M. The stock traded between $39.52 and $39.9 before closing at the price of $39.79 with 0.08% change on the day. The Omaha Nebraska 68102 based company is currently trading 26.9% above its 52 week low of $32.03 and -0.52% below its 52 week high of $40. Both the RSI indicator and target price of 68.13 and $41.33 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Activision Blizzard, Inc. (ATVI) continued its downward trend with the stock declining -1.58% or $-0.72 to close the day at $44.98 on light trading volume of 15.3M shares, compared to its three month average trading volume of 9.08M. The Santa Monica California 90405 based company has been outperforming the multimedia & graphics software group over the past 52 weeks, with the stock gaining 54.13%, compared to the industry which has advanced 49.08% over the same period. With RSI of 69.96, the stock should still continue to rise and get closer to its one year target estimate of $48.1, making it a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Monster Beverage Corporation (MNST) shares were down in last trading by -0.09% to $43.38. It experienced lighter than average volume on day. The stock increased in value by almost 0.7% over the past week and fell -2.54% in the past month. It is currently trading -1.36% below its 50 day moving average and -10.54% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -21.84% decrease in value from its one year high of $55.5. The RSI indicator value of 50.4, lead us to believe that it is a hold for now.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages and its concentrates in the United States and internationally. It operates through three segments: Finished Products, Concentrate, and Other. The company provides carbonated energy, and non-carbonated dairy based coffee and energy drinks to full service beverage distributors, retail grocery and specialty chains, wholesalers, club stores, drug chains, mass merchandisers, convenience chains, health food distributors, food service customers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. Monster Beverage Corporation sells its products under the Monster Energy, Nalu, Monster Rehab, NOS, Monster Energy Extra Strength Nitrous Technology, Full Throttle, Java Monster, Burn, Muscle Monster, Mother, Mega Monster Energy, Ultra, Punch Monster, Play and Power Play, Juice Monster, Gladiator, M3, Relentless, Übermonster, Samurai, BU, and BPM brands. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

 

Trader’s Buzzers: Nucor Corporation (NUE), T-Mobile US, Inc. (TMUS), Vulcan Materials Company (VMC)

Nucor Corporation (NUE) traded within a range of $62.4 to $63.5 after opening the day at $63.29. The company has seen its stock increase in value by 6% so far this year. The stock was down close to -0.79% on light volume in last trading session and closed at $63.09 per share. After the recent fall, the stock is currently holding -6.65% below its 52 week high of $68 and 72.12% above its 12-month low of $37.77. The shares are up by over 8.05% in the last three months, and the RSI indicator value of 61.01 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; structural steel products comprising wide-flange beams, beam blanks, H-pilings, and sheet pilings; and bar steel products, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products. This segment sells its products to steel service centers, fabricators, and manufacturers in automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment offers steel joists and joist girders, steel decks, fabricated concrete reinforcing and cold finished steel products, steel fasteners, metal building systems, steel gratings, and wire and wire mesh products to general contractors, fabricators, distributors, and manufacturers. Its products are used by contractors in constructing highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as holds working interest in natural gas drilling programs. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for use in manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills, and other processors and consumers of various nonferrous metals. The company offers its products through its in-house sales forces, as well as internal distribution and trading companies. Nucor Corporation was founded in 1940 and is based in Charlotte, North Carolina.

T-Mobile US, Inc. (TMUS) managed to rebound with the stock climbing 1.15% or $0.7 to close the day at $61.6 on light trading volume of 17.97M shares, compared to its three month average trading volume of 4.12M. The Bellevue Washington 98006 based company has been outperforming the wireless communications group over the past 52 weeks, with the stock gaining 69%, compared to the industry which has advanced 18.86% over the same period. With RSI of 55.67, the stock should still continue to rise and get closer to its one year target estimate of $62.25, making it a hold for now.

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services for consumers and businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers. The company offers services, devices, and accessories under the T-Mobile and MetroPCS brands through its owned and operated retail stores, as well as through its Websites. T-Mobile US, Inc. also sells its devices and accessories to dealers and other third party distributors for resale through independent third-party retail outlets and various third-party Websites. It delivers wireless services to approximately 65.5 million customers. The company was founded in 1994 and is headquartered in Bellevue, Washington. T-Mobile US, Inc. operates as a subsidiary of Deutsche Telekom Holding B.V.

Vulcan Materials Company (VMC) gained $0.28 to close the day at a new closing price of $122.74, a 0.23% increase in value from its previous closing price that moved the stock 34.65% above its 52 week low of $92.26. A total of 1.61M shares exchanged hands during the day compared with its three month average trading volume of 1.32M. The stock, which fluctuated between $120.5 and $122.78 during the day, currently situated -11.04% below its 52 week high. The stock is down by -1.33% in the past one month and down by -8.38% over the past three months. With a one year target estimate of $138.08 and RSI of 41.76, the stock still has upside potential, making it a hold for now.

Vulcan Materials Company produces and sells construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt Mix, Concrete, and Calcium. The Aggregates segment offers crushed stone, sand and gravel, sand, and other aggregates, as well as related products and services. This segment’s aggregates are used in publicly funded construction, such as highways, airports, and government buildings; and sold to federal, state, county, or municipal governments/agencies. The Asphalt Mix segment offers asphalt mix in Arizona, California, New Mexico, and Texas. The Concrete segment produces and sells ready-mixed concrete in Arizona, Georgia, Maryland, New Mexico, Texas, Virginia, Washington D.C., and the Bahamas. The Calcium segment mines, produces, and sells calcium products for the animal feed, paint, plastics, water treatment, and joint compound industries. The company was formerly known as Virginia Holdco, Inc. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

 

Stocks In Queue: Alphabet Inc. (GOOGL), Campbell Soup Company (CPB), Monsanto Company (MON)

Alphabet Inc. (GOOGL) climbed 0.13% during last trading as the stock added $1.07 to finish the day at $840.03 with about 1.3M shares changing hands, compared to its three month average trading volume of 1.73M. The $570.32B market cap company, which fluctuated between $835.83 and $842 during the day, currently situated 24.88% above its 52 week low of $672.66 and -3.11% away from its one year high of $867. The RSI of 58.71 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome, and Google Play, as well as technical infrastructure and newer efforts, including Virtual Reality. This segment also sells digital contents, apps and cloud offerings, and hardware products. The Other Bets segment includes businesses, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, X, and Google Fiber. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California.

Campbell Soup Company (CPB) dropped $-0.4 to close the day at a new closing price of $63.03, a -0.63% decrease in value from its previous closing price that moved the stock 20.55% above its 52 week low of $52.59. A total of 1.36M shares exchanged hands during the day compared with its three month average trading volume of 1.72M. The stock, which fluctuated between $62.92 and $63.44 during the day, currently situated -5.86% below its 52 week high. The stock is up by 2.12% in the past one month and up by 18.5% over the past three months. With a one year target estimate of $60 and RSI of 58.51, the stock still has upside potential, making it a hold for now.

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products. It operates through three segments: Americas Simple Meals and Beverages; Global Biscuits and Snacks; and Campbell Fresh. The Americas Simple Meals and Beverages segment engages in the retail and food service of Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pastas, beans, and dinner sauces; Swanson canned poultry; Plum food and snacks; V8 juices and beverages; and Campbell’s tomato juices. The Global Biscuits and Snacks segment provides Pepperidge Farm cookies, crackers, bakery, and frozen products in the United States retail; and Arnott’s biscuits in Australia and the Asia Pacific; and Kelsen cookies worldwide, as well as meals and shelf-stable beverages in Australia and the Asia Pacific. The Campbell Fresh segment provides Bolthouse Farms fresh carrots, carrot ingredients, refrigerated beverages, and refrigerated salad dressings; and Garden Fresh Gourmet salsa, hummus, dips, and tortilla chips, as well as refrigerated soups. The company sells its products through retail food chains, mass discounters, mass merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as other retail, commercial, and non-commercial establishments; and independent contractor distributors. Campbell Soup Company was founded in 1869 and is headquartered in Camden, New Jersey.

Monsanto Company (MON) had a light trading with around 1.38M shares changing hands compared to its three month average trading volume of 1.85M. The stock traded between $107.44 and $107.86 before closing at the price of $107.63 with -0.04% change on the day. The St. Louis Missouri 63167 based company is currently trading 31.42% above its 52 week low of $83.73 and -4.3% below its 52 week high of $114.26. Both the RSI indicator and target price of 49.91 and $120.5 respectively, lead us to believe that it should be put on hold over the coming weeks.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces row crop seeds, including corn, soybean, cotton, and canola seeds under the DEKALB, Channel, Asgrow, and Deltapine brands; and vegetable seeds, such as tomato, pepper, melon, cucumber, squash, beans, broccoli, onions, lettuce, and others under the Seminis and De Ruiter brands. It also develops biotechnology traits that assist farmers in controlling insects and weeds in corn, soybean, cotton, and canola crops under the SmartStax, YieldGard, YieldGard VT Triple, VT Triple PRO, and VT Double PRO brands; Intacta RR2 PRO brand; Bollgard and Bollgard II brands; Roundup Ready, Roundup Ready 2 Yield, and Genuity brands; and Roundup Ready 2 Xtend and Bollgard II XtendFlex brands. This segment also licenses a range of germplasm and trait technologies to large and small seed companies. The Agricultural Productivity segment manufactures and sells herbicides for agricultural, industrial, ornamental, turf, and residential lawn and garden applications for weed control, as well as for control of preemergent annual grass and small seeded broadleaf weeds in corn and other crops under the Roundup and Harness brands. The company markets its products through distributors, independent retailers and dealers, agricultural cooperatives, plant raisers, and agents, as well as directly to farmers. Monsanto Company has a collaborative agreement with Novozymes to discover, develop, and produce microbial solutions. The company was formerly known as Monsanto Ag Company and changed its name to Monsanto Company in March 2000. Monsanto Company was founded in 2000 and is headquartered in St. Louis, Missouri.

 

Stocks Trend Analysis: CME Group Inc. (CME), CSX Corporation (CSX), Automatic Data Processing, Inc. (ADP)

CME Group Inc. (CME) failed to extend gains with the stock declining -0.3% or $-0.37 to close the day at $121.01 on light trading volume of 1.21M shares, compared to its three month average trading volume of 1.64M. The Chicago Illinois 60606 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 40.33%, compared to the industry which has advanced 66.62% over the same period. With RSI of 58.31, the stock should still continue to rise and get closer to its one year target estimate of $126.67, making it a hold for now.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. The company offers a range of products across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. Its products include exchange-traded; and privately negotiated futures and options contracts and swaps. It executes trade through its electronic trading platforms, open outcry, and privately negotiated transactions, as well as provides hosting, connectivity, and customer support for electronic trading through its co-location services. The company also provides clearing and settlement services for exchange-traded contracts, as well as for cleared swaps; and regulatory reporting solutions for market participants through its global repository services in the United States, the United Kingdom, Canada, and Australia. In addition, the company offers a range of market data services, including live quotes, delayed quotes, market reports, and historical data service, as well as index services. CME Group Inc. serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.

CSX Corporation (CSX) grew with the stock adding 0.19% or $0.09 to close at $48 on active trading volume of 6.4M compared its three months average trading volume of 11.83M. The Jacksonville Florida 32202 based company operating under the Railroads industry has been trending up for the last 52 weeks, with the shares price now 98.95% up for the period and up by 33.59% so far this year. With price target of $45 and a 108.9% rebound from 52-week low, CSX Corporation has plenty of upside potential, making it a hold with a view buy.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural products, phosphates and fertilizers, food and consumer products, chemicals, automotive products, metals, forest products, minerals, and waste and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities. In addition, it offers intermodal transportation services through a network of approximately 50 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services. Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol. Additionally, it acquires, develops, sells, leases, and manages real estate properties. The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 4,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.

Automatic Data Processing, Inc. (ADP) continued its upward trend with the stock climbing 0.87% or $0.86 to close the day at $99.44 on lower than average trading volume of 1.62M shares, compared to its three month average trading volume of 2.11M. The Roseland New Jersey 07068 based company has been outperforming the business software & services companies by 9.742% for last three months and its recent gains have offset losses to -3.25% YTD, versus the business software & services industry which is up 3.26% for the same period. The RSI of 51.14 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide. The company operates through two segments, Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers a range of business outsourcing and technology-enabled human capital management (HCM) solutions, including payroll services, benefits administration services, talent management, human resources management solutions, time and attendance management solutions, insurance services, retirement services, and tax and compliance solutions. This segment’s integrated HCM solutions include RUN Powered by ADP, ADP Workforce Now, ADP Vantage HCM, and ADP GlobalView, which assist employers of all sizes in all stages of the employment cycle from recruitment to retirement; and ADP SmartCompliance and ADP Health Compliance. The PEO Services segment provides a human resources (HR) outsourcing solution through a co-employment model to small and mid-sized businesses. This segment offers ADP TotalSource that provides various HR management services and employee benefits functions, such as HR administration, employee benefits, and employer liability management into a single-source solution. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

 

Stocks Trend Analysis: UnitedHealth Group Incorporated (UNH), Masco Corporation (MAS), The J. M. Smucker Company (SJM)

UnitedHealth Group Incorporated (UNH) continued its upward trend with the stock climbing 0.7% or $1.14 to close the day at $163.13 on light trading volume of 2.97M shares, compared to its three month average trading volume of 3.72M. The Minneapolis Minnesota 55343 based company has been outperforming the health care plans group over the past 52 weeks, with the stock gaining 44.13%, compared to the industry which has advanced 16.58% over the same period. With RSI of 59.76, the stock should still continue to rise and get closer to its one year target estimate of $184.14, making it a hold for now.

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

Masco Corporation (MAS) retreated with the stock falling -1.16% or $-0.39 to close at $33.11 on active trading volume of 3.43M compared its three months average trading volume of 3.37M. The Taylor Michigan 48180 based company operating under the General Building Materials industry has been trending up for the last 52 weeks, with the shares price now 26.82% up for the period and up by 5.04% so far this year. With price target of $37.8 and a 30.88% rebound from 52-week low, Masco Corporation has plenty of upside potential, making it a hold with a view buy.

Masco Corporation designs, manufactures, markets, and distributes home improvement and building products worldwide. Its Plumbing Products segment provides faucets, showerheads, handheld showers, valves, bathing units, shower enclosures, toilets, acrylic tubs, shower trays, spas products, exercise pools and systems, brass and copper plumbing system components, and other non-decorative plumbing products. The company’s Decorative Architectural Products segment offers architectural coatings, including paints, primers, specialty paints, stains, and waterproofing products; cabinet, door, window, and hardware products; and functional hardware, wall plates, hook and rail products, and picture hanging accessories, as well as decorative bath hardware, shower accessories, and shower doors. The company’s Cabinetry Products segment offers assembled cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and integrated bathroom vanity and countertop products. Its Windows and Other Specialty Products segment provides vinyl, fiberglass, and aluminum windows and patio doors; vinyl windows, and composite and panel doors; and staple guns, hammer tackers, glue guns, and rivet tools, as well as staples, glues, and rivets. The company sells its products under DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HÜPPE, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, MASTER PLUMBER, BEHR, KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, KRAFTMAID, CARDELL, MERILLAT, QUALITY CABINETS, MOORES, ESSENCE SERIES, MILGARD, DURAFLEX, GRIFFIN, PREMIER, EVOLUTION, ARROW, POWERSHOT, and EASYSHOT brands. It offers its products through home center retailers, mass merchandisers, hardware stores, homebuilders, distributors, and other outlets to consumers and contractors, as well as directly to consumers. The company was founded in 1929 and is headquartered in Taylor, Michigan.

The J. M. Smucker Company (SJM) failed to extend gains with the stock declining -0.62% or $-0.86 to close the day at $137.93 on lower than average trading volume of 1.34M shares, compared to its three month average trading volume of 912.74K. The Orrville Ohio 44667 based company has been outperforming the processed & packaged goods companies by 9.0367% for last three months and its recent gains have pushed the stock slightly up 8.29% YTD, versus the processed & packaged goods industry which is up 4.61% for the same period. The RSI of 64.44 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates through U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Foodservice segments. The company primarily offers coffee, pet food, pet snacks, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, frozen sandwiches, flour and baking ingredients, juices and beverages, and portion control products. It also provides dog snacks, natural beverages, ice cream toppings, pickles, and canned milk. The company offers its products under the Folgers, Dunkin’ Donuts, Café Bustelo, Jif, Smucker’s, Crisco, Pillsbury, Uncrustables, Meow Mix, Milk-Bone, Natural Balance, Kibbles ‘n Bits, 9Lives, Pup-Peroni, Nature’s Recipe, Gravy Train, and Douwe Egberts brand names. It sells its products through direct sales and brokers to food retailers, food wholesalers, drug stores, club stores, mass merchandisers, discount and dollar stores, military commissaries, natural foods stores and distributors, and pet specialty stores; and through retail channels, and foodservice distributors and operators, such as restaurants, lodging, schools and universities, and health care operators. The company was founded in 1897 and is headquartered in Orrville, Ohio.