Mark Nelson

Stocks in the Spotlight: Cobalt International Energy, Inc. (CIE), Xerox Corporation (XRX), The Chemours Company (CC)

Cobalt International Energy, Inc. (CIE) had a light trading with around 10.97M shares changing hands compared to its three month average trading volume of 4.99M. The stock traded between $0.7319 and $0.825 before closing at the price of $0.77 with -5.48% change on the day. The Houston Texas 77024 based company is currently trading -0.57% below its 52 week low of $0.73 and -79.91% below its 52 week high of $3.81. Both the RSI indicator and target price of 26.62 and $2.69 respectively, lead us to believe that it could rise over the coming weeks.

Cobalt International Energy, Inc., through its subsidiaries, operates as an oil and gas exploration and production company primarily in the deepwater U.S. Gulf of Mexico. The company holds interests in the North Platte, Shenandoah, Anchor, and Heidelberg fields located in the U.S. Gulf of Mexico; and the Diaba block located offshore Gabon. As of December 31, 2015, it had net proved undeveloped reserves of 5.6 million barrels (MMBbls) of oil; 0.3 MMBbls of natural gas liquids; and 1.8 billion cubic feet of natural gas. The company was founded in 2005 and is based in Houston, Texas.

Xerox Corporation (XRX) failed to extend gains with the stock declining -0.55% or $-0.04 to close the day at $7.26 on light trading volume of 10.67M shares, compared to its three month average trading volume of 13.64M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 29.81%, compared to the industry which has advanced 39.61% over the same period. With RSI of 63.19, the stock should still continue to rise and get closer to its one year target estimate of $8.44, making it a hold for now.

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

The Chemours Company (CC) shares were up in last trading by 14.26% to $32.14. It experienced higher than average volume on day. The stock increased in value by almost 15.49% over the past week and grew 31.94% in the past month. It is currently trading 29.64% above its 50 day moving average and 104.81% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 13.25% increase in value from its one year high of $32.78. The RSI indicator value of 80.29, lead us to believe that it may reverse gains in the near term.

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates in three segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. The Titanium Technologies segment produces and sells titanium dioxide (TiO2) under the Ti-Pure brand name to deliver whiteness, brightness, opacity, and protection in various applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, PVC window profiles, laminate papers, coated paper, and coated paperboard used for packaging. The Fluoroproducts segment provides fluoroproducts, such as hydrofluorocarbon refrigerants, and fluoropolymer resins and downstream products and coatings under the Teflon brand name. The Chemical Solutions segment offers industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries in North America. This segment provides cyanides; and performance chemicals and intermediates, such as clean and disinfect chemicals, aniline, methylamines, glycolic acid, Vazo free radical initiators, and reactive metals. The company was founded in 2014 and is headquartered in Wilmington, Delaware.

 

Trader’s Buzzers: ARIAD Pharmaceuticals, Inc. (ARIA), MGIC Investment Corporation (MTG), Infinera Corporation (INFN)

ARIAD Pharmaceuticals, Inc. (ARIA) traded within a range of $23.87 to $23.95 after opening the day at $23.87. The company has seen its stock increase in value by 92.52% so far this year. The stock was up close to 0.42% on light volume in last trading session and closed at $23.95 per share. After the recent gain, the stock is currently holding 0.25% above its 52 week high of $23.95 and 448.05% above its 12-month low of $4.48. The shares are up by over 103.48% in the last three months, and the RSI indicator value of 88.96 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

ARIAD Pharmaceuticals, Inc., an oncology company, engages in the discovery, development, and commercialization of drugs for cancer patients in the United States and internationally. It offers Iclusig (ponatinib), a tyrosine kinase inhibitor (TKI) for the treatment of adult patients with chronic myeloid leukemia (CML), and Philadelphia chromosome-positive acute lymphoblastic leukemia in the United States, the European Union, Australia, Switzerland, Israel, and Canada. The company also develops Brigatinib, an investigational inhibitor of anaplastic lymphoma kinase for the treatment of various patients with a form of non-small cell lung cancer; and AP32788, for treating non-small cell lung cancer and various other solid tumors. It markets and sells Iclusig through specialty pharmacy in the United States. The company has license agreements with Medinol Ltd. to develop and commercialize stents and other medical devices to deliver ridaforolimus. ARIAD Pharmaceuticals, Inc. was founded in 1991 and is headquartered in Cambridge, Massachusetts.

MGIC Investment Corporation (MTG) continued its upward trend with the stock climbing 0.54% or $0.06 to close the day at $11.26 on active trading volume of 6.23M shares, compared to its three month average trading volume of 5.18M. The Milwaukee Wisconsin 53202 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 66.08%, compared to the industry which has advanced 27.88% over the same period. With RSI of 66.11, the stock should still continue to rise and get closer to its one year target estimate of $11.83, making it a hold for now.

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services. In addition, the company participates in external reinsurance arrangements and captive mortgage reinsurance arrangements. It serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Infinera Corporation (INFN) gained $0.14 to close the day at a new closing price of $12.1, a 1.17% increase in value from its previous closing price that moved the stock 67.36% above its 52 week low of $7.23. A total of 6.17M shares exchanged hands during the day compared with its three month average trading volume of 1.89M. The stock, which fluctuated between $11.55 and $12.5 during the day, currently situated -28.99% below its 52 week high. The stock is up by 39.08% in the past one month and up by 45.26% over the past three months. With a one year target estimate of $8.89 and RSI of 86.34, the stock still has upside potential, making it a sell for now.

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company offers Infinera DTN-X family of platforms for subsea, long-haul, regional, and metro mesh networks; Infinera DTN platform for subsea, long-haul, and regional mesh networks that support a range of Ethernet and optical transport network client interfaces; and Infinera FlexILS Line System platform that connects various Infinera platforms over long distance fiber optic cable. It also provides Infinera TM-Series, a carrier-grade packet-optical transport platform; Infinera TS-Series, a passive optical wavelength-division multiplexing (WDM) product; Infinera Cloud Xpress Platform, a compact platform for cloud/data center interconnect applications; and Infinera ATN Platform, a small form-factor WDM platform. In addition, the company offers Infinera Open Transport Switch, a software platform that enables abstraction and virtualization of the underlying Infinera platforms; and Infinera Management Suite, a network management system used by network operators to manage various Infinera platforms. Further, it provides various support services for vraious hardware and software products. The company serves communications service providers, Internet content providers, cable providers, wholesale and enterprise carriers, research and education institutions, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.

 

Trader’s Round Up: Ubiquiti Networks, Inc. (UBNT), Hecla Mining Company (HL), TTM Technologies, Inc. (TTMI)

Ubiquiti Networks, Inc. (UBNT) retreated with the stock falling -5.67% or $-3.03 to close at $50.4 on light trading volume of 4.07M compared its three months average trading volume of 446.69K. The San Jose California 95131 based company operating under the Wireless Communications industry has been trending up for the last 52 weeks, with the shares price now 59.14% up for the period and down by -12.8% so far this year. With price target of $50 and a 63.53% rebound from 52-week low, Ubiquiti Networks, Inc. has plenty of upside potential, making it a hold with a view buy.

Ubiquiti Networks, Inc. develops networking technology for service providers and enterprises worldwide. The company’s service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, and machine-to-machine communication components. Its products and solutions include radios, antennas, software, communications protocols, and management tools designed to deliver carrier and enterprise class wireless broadband access and other services in the unlicensed RF spectrum. The company also provides technology platforms, such as airMAX platform, which includes proprietary protocols that contain technologies for minimizing signal noise; EdgeMAX, a disruptive software and system routing platform; AirFiber, a point-to-point radio system; and sunMAX, an end-to-end plug and play solar solution. In addition, it offers UniFi Enterprise Wi-Fi System that includes Wi-Fi certified hardware with a software based management controller; UniFi Video IP cameras for data transmission and power-over-Ethernet; UniFi Switches that deliver performance, switching, and PoE+ support for enterprise networks; and UniFi Security Gateway that extends the UniFi enterprise solutions to provide routing and network security. Further, the company provides mFi that consists of hardware sensors, power devices, and management software, which allow devices to be monitored and controlled remotely through Wi-Fi; and develops AmpliFi platform, a Wi-Fi system solution designed to serve connected home. It also offers embedded radio products; and mounting brackets, cables, and power Ethernet adapters. The company was formerly known as Pera Networks, Inc. and changed its name to Ubiquiti Networks, Inc. in 2005. Ubiquiti Networks, Inc. was incorporated in 2003 and is headquartered in San Jose, California.

Hecla Mining Company (HL) dropped $-0.09 to close the day at a new closing price of $6.49, a -1.37% decrease in value from its previous closing price that moved the stock 209.91% above its 52 week low of $2.1. A total of 4.02M shares exchanged hands during the day compared with its three month average trading volume of 10.9M. The stock, which fluctuated between $6.48 and $6.64 during the day, currently situated -15.01% below its 52 week high. The stock is up by 11.7% in the past one month and up by 2.42% over the past three months. With a one year target estimate of $6.33 and RSI of 54.75, the stock still has upside potential, making it a hold for now.

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

TTM Technologies, Inc. (TTMI) shares were up in last trading by 5.31% to $17.64. It experienced higher than average volume on day. The stock increased in value by almost 16.28% over the past week and grew 24.23% in the past month. It is currently trading 23.26% above its 50 day moving average and 60.94% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 2.14% increase in value from its one year high of $17.78. The RSI indicator value of 79.86, lead us to believe that it may reverse gains in the near term.

TTM Technologies, Inc., together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It provides a range of PCBs and electro-mechanical solutions, including high density interconnect PCBs, conventional PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, and IC substrates. It also produces test specialized circuits used in radio-frequency or microwave emission and collection applications; printed circuits with heavy copper cores, and embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores. In addition, the company offers various services, including manufacturability, PCB layout design, simulation and testing, and quick turnaround services. The company’s customers include original equipment manufacturers and electronic manufacturing services companies that primarily serve the networking/communications, cellular phone, computing, aerospace and defense, and medical/industrial/instrumentation end markets of the electronics industry. TTM Technologies, Inc. was founded in 1978 and is headquartered in Costa Mesa, California.

 

Stocks in Review: Cousins Properties Incorporated (CUZ), Nordstrom, Inc. (JWN), Starwood Property Trust, Inc. (STWD)

Cousins Properties Incorporated (CUZ) traded within a range of $8.52 to $8.63 after opening the day at $8.54. The company has seen its stock increase in value by 1.79% so far this year. The stock was up close to 1.18% on active volume in last trading session and closed at $8.6 per share. After the recent gain, the stock is currently holding -2.49% below its 52 week high of $11.4 and 65.48% above its 12-month low of $7.09. The shares are up by over 17.06% in the last three months, and the RSI indicator value of 55.94 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land. The Office/Multi-Family division develops and manages office projects primarily in Austin, Dallas, Charlotte, Birmingham, and Atlanta; develops and sells multi-family projects in urban locations in the southeastern United States; and manages and leases office properties owned by third parties. It also develops mixed use projects that contain multiple product types in communities where individuals live, work, and seek entertainment. As of December 31, 2006, this division owned interests in 20 operating office properties; and had 5 office or multi-family projects under development or redevelopment. The Retail division develops and manages retail shopping centers principally in Georgia, Tennessee, North Carolina, Texas, and Florida. As of the above date, this division owned 10 operating retail properties; and had 3 projects and 1 expansion under development. The Industrial division develops institutional warehouse and distribution properties in the metropolitan Atlanta area and the Dallas market. As of December 31, 2006, this division owned one operating industrial property and three projects under development. The Land division engages in the acquisition and entitlement of land, the development and sale of residential lots, and the acquisition and sale of certain undeveloped tracts of land to third parties. As of the above date, this division had 24 residential communities under development. The company qualifies as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Cousins Properties was founded in 1958 and is based in Atlanta, Georgia.

Nordstrom, Inc. (JWN) continued its downward trend with the stock declining -1.42% or $-0.64 to close the day at $44.36 on light trading volume of 3.02M shares, compared to its three month average trading volume of 3.45M. The Seattle Washington 98101 based company has been underperforming the apparel stores group over the past 52 weeks, with the stock losing -6.51%, compared to the industry which has dropped -0.67% over the same period. With RSI of 41.71, the stock should still continue to rise and get closer to its one year target estimate of $50.76, making it a hold for now.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; and other retail channels, including Trunk Club showrooms and TrunkClub.com, Jeffrey boutiques, and clearance store that operates under the name Last Chance. The Credit segment operates Nordstrom fsb, a federal savings bank, which provides a private label credit card, two Nordstrom VISA credit cards, and a debit card. Its credit and debit cards feature a shopping-based loyalty program. As of February 1, 2017, the company operated 349 stores in 40 states, including 123 full-line stores in the United States, Canada, and Puerto Rico; 215 Nordstrom Rack stores; 2 Jeffrey boutiques; and 2 clearance stores. Nordstrom, Inc. also sells its products through catalogs. The company was founded in 1901 and is based in Seattle, Washington.

Starwood Property Trust, Inc. (STWD) gained $0.07 to close the day at a new closing price of $22.85, a 0.31% increase in value from its previous closing price that moved the stock 50.15% above its 52 week low of $16.97. A total of 3.01M shares exchanged hands during the day compared with its three month average trading volume of 2.43M. The stock, which fluctuated between $22.83 and $22.93 during the day, currently situated -0.04% below its 52 week high. The stock is up by 2.28% in the past one month and up by 7.12% over the past three months. With a one year target estimate of $23.81 and RSI of 67.9, the stock still has upside potential, making it a hold for now.

Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate- investments in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Investing and Servicing, and Real Estate Property. The company qualifies as a real estate investment trust for federal income tax purposes and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust, Inc. was founded in 2009 and is headquartered in Greenwich, Connecticut.

 

Stocks in Review: Ascena Retail Group, Inc. (ASNA), Century Aluminum Company (CENX), Popeyes Louisiana Kitchen, Inc. (PLKI)

Ascena Retail Group, Inc. (ASNA) traded within a range of $5.06 to $5.29 after opening the day at $5.27. The company has seen its stock decrease in value by -17.45% so far this year. The stock was down close to -2.29% on light volume in last trading session and closed at $5.11 per share. After the recent fall, the stock is currently holding -54.62% below its 52 week high of $11.26 and 15.09% above its 12-month low of $4.44. The shares are down by over -11.9% in the last three months, and the RSI indicator value of 42.14 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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

Century Aluminum Company (CENX) continued its upward trend with the stock climbing 0.82% or $0.13 to close the day at $15.93 on light trading volume of 2.38M shares, compared to its three month average trading volume of 2.61M. The Chicago Illinois 60606 based company has been outperforming the aluminum group over the past 52 weeks, with the stock gaining 253.22%, compared to the industry which has advanced 39.39% over the same period. With RSI of 73.6, the stock should still continue to rise and get closer to its one year target estimate of $10.2, making it a hold for now.

Century Aluminum Company, together with its subsidiaries, produces primary aluminum in the United States and Iceland. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. The company was founded in 1995 and is headquartered in Chicago, Illinois.

Popeyes Louisiana Kitchen, Inc. (PLKI) gained $4.78 to close the day at a new closing price of $70.82, a 7.24% increase in value from its previous closing price that moved the stock 44.21% above its 52 week low of $49.11. A total of 2.37M shares exchanged hands during the day compared with its three month average trading volume of 135.30K. The stock, which fluctuated between $65.08 and $75.74 during the day, currently situated 7.21% above its 52 week high. The stock is up by 14.19% in the past one month and up by 16.92% over the past three months. With a one year target estimate of $63.67 and RSI of 80.55, the stock still has upside potential, making it a sell for now.

Popeyes Louisiana Kitchen, Inc. develops, operates, and franchises quick-service restaurants under the trade names of Popeyes Louisiana Kitchen and Popeyes Chicken & Biscuits. The company operates in two segments, Franchise Operations and Company-Operated Restaurants. As of October 11, 2016, it operated and franchised 2,594 restaurants in the United Sates, the District of Columbia, Guam, Puerto Rico, the Cayman Islands, and 26 international countries. The company was formerly known as AFC Enterprises, Inc. and changed its name to Popeyes Louisiana Kitchen, Inc. in January 2014. Popeyes Louisiana Kitchen, Inc. was founded in 1972 and is headquartered in Atlanta, Georgia.

 

Traders Watch list: Dynegy Inc. (DYN), Energen Corporation (EGN), PBF Energy Inc. (PBF)

Dynegy Inc. (DYN) saw its value decrease by 0% as the stock dropped $0 to finish the day at a closing price of $8.75. The stock was lighter in trading and has fluctuated between $7.01-$22.01 per share for the past year. The shares, which traded within a range of $8.65 to $8.97 during the day, are up by 4.42% in the past three months and down by -29.83% over the past six months. It is currently trading -7.15% below its 20 day moving average and -1.88% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $13.31 a share over the next twelve months. The current relative strength index (RSI) reading is 44.1.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Dynegy Inc., through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 35 power plants in 8 states totaling approximately 26,000 megawatts of generating capacity. The company serves a range of customers, including regional transmission organizations, independent system operators, integrated utilities, municipalities, electric cooperatives, transmission and distribution utilities, and power marketers; financial participants, such as banks and hedge funds; and residential, commercial, and industrial end-users. Dynegy Inc. was founded in 1984 and is headquartered in Houston, Texas.

Energen Corporation (EGN) shares were down in last trading by -0.85% to $56.1. It experienced higher than average volume on day. The stock increased in value by almost 3.91% over the past week and grew 1.04% in the past month. It is currently trading -1.98% below its 50 day moving average and 6.64% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -12.94% decrease in value from its one year high of $64.43. The RSI indicator value of 52.9, lead us to believe that it is a hold for now.

Energen Corporation, through its subsidiary, Energen Resources Corporation, engages in the exploration, development, and production of oil, natural gas liquids, and natural gas in the Permian Basin in west Texas and the San Juan Basin in New Mexico. The company was founded in 1929 and is headquartered in Birmingham, Alabama.

PBF Energy Inc. (PBF) traded within a range of $24.14 to $24.5 after opening the day at $24.26. The company has seen its stock decrease in value by -13.27% so far this year. The stock was down close to -0.21% on light volume in last trading session and closed at $24.18 per share. After the recent fall, the stock is currently holding -30.59% below its 52 week high of $35.67 and 24.19% above its 12-month low of $19.47. The shares are down by over -2.5% in the last three months, and the RSI indicator value of 46.21 is neither bullish nor bearish, tempting investors to stay on the sidelines.

PBF Energy Inc., together with its subsidiaries, engages in the refining and supply of petroleum products. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast and Midwest of the United States, as well as in other regions of the United States and Canada. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

 

Equities Trend Analysis: Discovery Communications, Inc. (DISCK), Old Republic International Corporation (ORI), QEP Resources, Inc. (QEP)

Discovery Communications, Inc. (DISCK) grew with the stock adding 1.63% or $0.45 to close at $28.1 on active trading volume of 1.76M compared its three months average trading volume of 1.39M. The Silver Spring Maryland 20910 based company has been trending up for the last 52 weeks, with the shares price now 14.98% up for the period and up by 4.93% so far this year. With price target of $28.33 and a 25.28% rebound from 52-week low, Discovery Communications, Inc. has plenty of upside potential, making it a hold with a view buy.

Discovery Communications, Inc. operates as a media company worldwide. It operates through U.S. Networks; International Networks; and Education and Other segments. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey Network, Eurosport, DMAX, and Discovery Kids brands. Its content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. The company also develops and sells curriculum-based education products and services comprising online suite of curriculum-based VOD tools, professional development services, and digital textbooks, as well as student assessments; and publishes hard copy curriculum-based content for K-12 schools. In addition, it operates production studios that develop content for television service providers, as well as Websites. The company provides content through various distribution platforms, including pay-TV, free-to-air and broadcast television, digital distribution arrangements, and content licensing agreements, as well as various platforms, such as brand-aligned Websites, Web-native networks, on-line streaming, mobile devices, video on demand (VOD), and broadband channels. As of December 31, 2015, it operated approximately 380 distribution feeds in 40 languages internationally. The company is headquartered in Silver Spring, Maryland.

Old Republic International Corporation (ORI) had a light trading with around 1.76M shares changing hands compared to its three month average trading volume of 1.87M. The stock traded between $20.7 and $20.85 before closing at the price of $20.77 with 0% change on the day. The Chicago Illinois 60601 based company is currently trading 27.14% above its 52 week low of $16.51 and -1.98% below its 52 week high of $21.19. Both the RSI indicator and target price of  and $23 respectively, lead us to believe that it could rise over the coming weeks.

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The company operates through three segments: General Insurance Group, Title Insurance Group, and the Republic Financial Indemnity Group Run-off Business. The General Insurance Group segment offers automobile extended warranty, aviation, commercial automobile, commercial multi-peril, general liability, home warranty, inland marine, travel accident, and workers’ compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, directors and officers, fidelity, guaranteed asset protection, and surety. This segment offers its insurance products for businesses, government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale, forest products, energy, general manufacturing, and financial services industries. The Title Insurance Group segment provides lenders’ and owners’ title insurance policies to real estate purchasers and investors based upon searches of the public records. This segment also offers escrow closing and construction disbursement services; and real estate information products, national default management services, and other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment provides private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. This segment is also involved in the consumer credit indemnity run-off business. Old Republic International Corporation was founded in 1887 and is based in Chicago, Illinois.

QEP Resources, Inc. (QEP) saw its value decrease by -1.34% as the stock dropped $-0.23 to finish the day at a closing price of $16.98. The stock was lighter in trading and has fluctuated between $9.17-$21.12 per share for the past year. The shares, which traded within a range of $16.87 to $17.34 during the day, are down by -1.05% in the past three months and down by -11.33% over the past six months. It is currently trading -3.83% below its 20 day moving average and -8.43% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $25.17 a share over the next twelve months. The current relative strength index (RSI) reading is 38.94.The technical indicator lead us to believe there will be no major movement any time soon, hold.

QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production company in the United States. The company conducts exploration and production activities in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado. As of December 31, 2015, it had estimated proved reserves of 3,620.2 billion cubic feet of natural gas equivalents. The company sells its gas, oil, and natural gas liquids (NGL) to various customers, including gas-marketing firms, industrial users, local-distribution companies, crude oil refiners, and remarketers, as well as markets affiliate and third-party gas, oil, and NGL volumes. In addition, it operates a gas gathering system and an underground gas storage facility. QEP Resources, Inc. is headquartered in Denver, Colorado.

 

Stocks In Queue: Quanta Services, Inc. (PWR), Trimble Inc. (TRMB), Flotek Industries, Inc. (FTK)

Quanta Services, Inc. (PWR) climbed 0.51% during last trading as the stock added $0.19 to finish the day at $37.15 with about 1.19M shares changing hands, compared to its three month average trading volume of 1.91M. The $5.61B market cap company, which fluctuated between $36.93 and $37.74 during the day, currently situated 121.53% above its 52 week low of $17.29 and -2.44% away from its one year high of $38.08. The RSI of 61.32 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Trimble Inc. (TRMB) gained $0.07 to close the day at a new closing price of $31.41, a 0.22% increase in value from its previous closing price that moved the stock 51.08% above its 52 week low of $20.96. A total of 1.19M shares exchanged hands during the day compared with its three month average trading volume of 1.33M. The stock, which fluctuated between $31.21 and $31.92 during the day, currently situated -2.42% below its 52 week high. The stock is up by 2.68% in the past one month and up by 15.73% over the past three months. With a one year target estimate of $29.22 and RSI of 62.87, the stock still has upside potential, making it a hold for now.

Trimble Inc. provides technology solutions to enhance the work processes of professionals and field mobile workers worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; integrated workplace management services software; capital program and facility management solutions; field based data collection systems; and communication systems and back-office software. Its Field Solutions segment provides guidance and positioning, and automated application systems; and information management solutions, as well as systems to collect authoritative field data. The company’s Mobile Solutions segment offers fleet and transportation management, analytics, routing, mapping, and reporting solutions; and work management and scheduling, and worker safety and mobility solutions. Its Advanced Devices segment supplies global navigation satellite system modules (GNSS), licensing and complementary technologies, and GNSS-integrated sub-system solutions; global positioning system receivers and embedded modules; precision products; and ultrahigh frequency radio frequency identification (RFID) reader modules, and finished/fixed-position RFID readers and design services. It serves agriculture, architecture, civil engineering, survey and land administration, construction, geospatial, environmental management, natural resources, transportation, and utility sectors, as well as governments. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Sunnyvale, California.

Flotek Industries, Inc. (FTK) had a light trading with around 1.18M shares changing hands compared to its three month average trading volume of 1.25M. The stock traded between $12.27 and $12.78 before closing at the price of $12.5 with 1.3% change on the day. The Houston Texas 77064 based company is currently trading 111.15% above its 52 week low of $6.11 and -26.17% below its 52 week high of $16.93. Both the RSI indicator and target price of 72.99 and $16 respectively, lead us to believe that it could drop over the coming weeks.

Flotek Industries, Inc. develops and supplies chemistry and services to the oil and gas industries in the United States and internationally. It operates through two segments, Energy Chemistry Technologies and Consumer and Industrial Chemistry Technologies. The Energy Chemistry Technologies segment is involved in the design, development, manufacture, packaging, and marketing of chemistries under the Complex nano-Fluid brand name for use in oil and gas well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets. This segment also constructs and manages automated material handling facilities; and manages loading facilities and blending operations for oilfield service companies. The Consumer and Industrial Chemistry Technologies segment designs, develops, and manufactures citrus oils for food and beverage companies, fragrance companies, and companies providing household and industrial cleaning products. The company also provides reservoir engineering and modeling services for various hydrocarbon applications. It serves pressure pumping service, international supply chain management, and cosmetic companies. Flotek Industries, Inc. is headquartered in Houston, Texas.

 

Stocks Buzz: Hortonworks, Inc. (HDP), LogMeIn, Inc. (LOGM), CNO Financial Group, Inc. (CNO)

Hortonworks, Inc. (HDP) failed to extend gains with the stock declining -1.31% or $-0.14 to close the day at $10.51 on light trading volume of 1.06M shares, compared to its three month average trading volume of 621.39K. The Santa Clara California 95054 based company has been outperforming the technical & system software group over the past 52 weeks, with the stock gaining 24.67%, compared to the industry which has advanced 38.92% over the same period. With RSI of 66.34, the stock should still continue to rise and get closer to its one year target estimate of $14.25, making it a hold for now.

Hortonworks, Inc. focuses on the development, distribution, and support of Hadoop open source project in the United States and internationally. It offers Hortonworks Data Platform (HDP), an enterprise-grade data management platform that enables its customers to capture, store, process, and analyze increasing amounts of existing and new data types without the need to replace their existing data center infrastructure. The company also provides Hortonworks Sandbox, a personal, portable, and free to use Hadoop environment designed to offer the easiest way to get started with HDP; and Hortonworks DataFlow, an enterprise-scale data ingest platform to automate and secure Internet of anything data flows and to collect, conduct, and curate real-time business insights and actions derived from data in motion, including sensors, machines, geolocation devices, clicks, server logs, and social feeds. In addition, it provides support subscription, and training and consulting services. The company has an open source technology collaboration with Neustar, Inc. to create security and identity management tools for Internet-of-Things devices. Hortonworks, Inc. was founded in 2011 and is headquartered in Santa Clara, California.

LogMeIn, Inc. (LOGM) grew with the stock adding 1.52% or $1.55 to close at $103.3 on light trading volume of 1.06M compared its three months average trading volume of 698.53K. The Boston Massachusetts 02210 based company operating under the Application Software industry has been trending up for the last 52 weeks, with the shares price now 133.19% up for the period and up by 7.52% so far this year. With price target of $113.38 and a 200.02% rebound from 52-week low, LogMeIn, Inc. has plenty of upside potential, making it a hold with a view buy.

LogMeIn, Inc. provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers. Its services include join.me, join.me pro, and join.me enterprise that are browser-based online meeting and screen sharing services; Cubby Basic, Cubby Pro, and Cubby Enterprise that are cloud-based file syncing, storage, and sharing services; and LogMeIn Pro, a remote access service. The company also provides support services, including LogMeIn Rescue, Rescue Lens, and LogMeIn Rescue+Mobile, which are Web-based remote support and customer care services offering remote support through the Internet; and BoldChat, a Web-based live chat service that helps customer service staff to directly engage and provide assistance to visitors to their organization’s Website. In addition, it offers IT management services, such as LogMeIn Central, a Web-based management console; Meldium, a password and identity management product to manage, store, and share login credentials; and AppGuru, an application management product, as well as connected products comprising Xively, a platform, which provides the infrastructure services to help businesses. Further, the company provides RemotelyAnywhere, a LAN-based systems administration product used to manage personal computers and servers from within the IT system of an enterprise; LogMeIn Backup, a service that subscribers install on two or more computers to create a backup network; LogMeIn Hamachi, a hosted virtual private network service; and LogMeIn for iOS services. It serves SMBs, IT service providers, mobile carriers, customer service centers, original equipment manufacturers, enterprise customers, and consumers. The company was formerly known as 3am Labs, Inc. and changed its name to LogMeIn, Inc. in March 2006. LogMeIn, Inc. was founded in 2003 and is headquartered in Boston, Massachusetts.

CNO Financial Group, Inc. (CNO) continued its upward trend with the stock climbing 0.97% or $0.2 to close the day at $20.75 on lower than average trading volume of 1.06M shares, compared to its three month average trading volume of 1.45M. The Carmel Indiana 46032 based company has been outperforming the accident & health insurance companies by 25.1051% for last three months and its recent gains have pushed the stock slightly up 8.36% YTD, versus the accident & health insurance industry which is up 3.76% for the same period. The RSI of 68.82 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, and Colonial Penn segments. The Bankers Life segment markets and distributes Medicare supplement insurance, interest sensitive and traditional life insurance, fixed annuities, and long term care insurance products; and Medicare advantage and prescription drug plan products through various distribution and marketing agreements. The Washington National segment markets and distributes supplemental health insurance, including specified disease, accident, and hospital indemnity insurance products; and life insurance at home and the worksite through independent marketing organizations and insurance agencies. The Colonial Penn segment primarily markets graded benefit and simplified issue life insurance products directly to customers through television advertising, direct mail, Internet, and telemarketing. The company sells its products through career agents, independent producers, and direct marketing. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana.

 

Stocks in Review: Sirius XM Holdings Inc. (SIRI), Regions Financial Corporation (RF), Gilead Sciences Inc. (GILD)

Sirius XM Holdings Inc. (SIRI) traded within a range of $4.69 to $4.74 after opening the day at $4.71. The company has seen its stock increase in value by 6.52% so far this year. The stock was up close to 0.42% on light volume in last trading session and closed at $4.73 per share. After the recent gain, the stock is currently holding -1.66% below its 52 week high of $4.82 and 43.12% above its 12-month low of $3.42. The shares are up by over 10.49% in the last three months, and the RSI indicator value of 59.08 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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

Regions Financial Corporation (RF) managed to rebound with the stock declining 0% or $0 to close the day at $14.99 on light trading volume of 17.5M shares, compared to its three month average trading volume of 21.13M. The Birmingham Alabama 35203 based company has been outperforming the regional – southeast banks group over the past 52 weeks, with the stock gaining 117.14%, compared to the industry which has advanced 69.74% over the same period. With RSI of 61.49, the stock should still continue to rise and get closer to its one year target estimate of $15.23, making it a hold for now.

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

Gilead Sciences Inc. (GILD) gained $0.77 to close the day at a new closing price of $66.36, a 1.17% increase in value from its previous closing price that moved the stock 1.5% above its 52 week low of $65.38. A total of 16.19M shares exchanged hands during the day compared with its three month average trading volume of 10.32M. The stock, which fluctuated between $65.43 and $66.78 during the day, currently situated -34.46% below its 52 week high. The stock is down by -10.04% in the past one month and down by -14.89% over the past three months. With a one year target estimate of $84.27 and RSI of 30.92, the stock still has upside potential, 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.