Nicole DeMars

Stocks Buzz: The PNC Financial Services Group, Inc. (PNC), CA, Inc. (CA), Zoetis Inc. (ZTS)

The PNC Financial Services Group, Inc. (PNC) continued its downward trend with the stock declining -0.01% or $-0.01 to close the day at $121.46 on light trading volume of 2.89M shares, compared to its three month average trading volume of 3.08M. The Pittsburgh Pennsylvania 15222 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 51.28%, compared to the industry which has advanced 25.8% over the same period. With RSI of 58.2, the stock should still continue to rise and get closer to its one year target estimate of $124.38, making it a hold for now.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company’s Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management services to consumer and small business customers through branch network, ATMs, call centers, online banking, and mobile channels. As of March 31, 2016, this segment operated a network of 2,613 branches and 8,940 ATMs. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, equipment leases, cash and investment management, receivables management, disbursement and funds transfer, information reporting, trade services, foreign exchange, derivatives, securities, loan syndications, mergers and acquisitions advisory, equity capital markets advisory, and related services for corporations, government, and not-for-profit entities. This segment also offers commercial loan servicing, and real estate advisory and technology solutions for the commercial real estate finance industry. The company’s Asset Management Group segment provides investment and retirement planning, customized investment management, private banking, tailored credit solutions, and trust management and administration for individuals and their families; multi-generational family planning products; and mutual funds and institutional asset management services. Its Residential Mortgage Banking segment offers first lien residential mortgage loans. The company’s BlackRock segment provides investment and risk management services to institutional and retail clients. Its Non-Strategic Assets Portfolio segment offers consumer residential mortgage, brokered home equity loans, and lines of credit, as well as commercial real estate loans and leases. The PNC Financial Services Group, Inc. was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

CA, Inc. (CA) retreated with the stock falling -0.48% or $-0.15 to close at $31.34 on active trading volume of 2.88M compared its three months average trading volume of 2.69M. The New York New York 10022 based company operating under the Business Software & Services industry has been trending up for the last 52 weeks, with the shares price now 17.49% up for the period and down by -1.35% so far this year. With price target of $32.8 and a 20.59% rebound from 52-week low, CA, Inc. has plenty of upside potential, making it a hold with a view buy.

CA, Inc. provides information technology (IT) management software and solutions that help organizations plan, develop, manage, and secure applications and IT infrastructure in the United States and internationally. The company operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment’s products portfolio include databases and database management, systems and operations management, application development, and security and compliance. The Enterprise Solutions segment provides products that are designed for distributed and cloud computing environments and run on industry standard servers. It offers Agile management solutions, which enables customers to plan and manage software development process and IT services delivery; DevOps solutions comprising a range of solutions that allow customers to deliver and manage applications and IT infrastructure; and security solutions, such as identity-centric security portfolio that allows customers to manage identities and regulate access from the device to the data center. The Services segment offers consulting, implementation, application management services, education, and support services to commercial and government customers. The company serves banks, insurance companies, other financial services providers, government agencies, global service providers, telecommunication providers, manufacturers, technology companies, retailers, educational organizations, and health care institutions. CA, Inc. sells its solutions through direct sales force, as well as indirectly through its partners. The company was formerly known as CA Technologies and changed its name to CA, Inc. in 2006. CA, Inc. was founded in 1974 and is headquartered in New York, New York.

Zoetis Inc. (ZTS) failed to extend gains with the stock declining -0.04% or $-0.02 to close the day at $55.96 on lower than average trading volume of 2.88M shares, compared to its three month average trading volume of 3.01M. The Florham Park New Jersey 07932 based company has been outperforming the drugs – generic companies by 12.0384% for last three months and its recent gains have pushed the stock slightly up 4.75% YTD, versus the drugs – generic industry which is up 9.7% for the same period. The RSI of 71.87 indicates the stock is overbought at the current levels, sell for now.

Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals in the United States and internationally. It offers anti-infectives that prevent, kill, or slow the growth of bacteria, fungi, or protozoa; vaccines, which are biological preparations to prevent diseases of the respiratory, gastrointestinal, and reproductive tracts or induce a specific immune response; and parasiticides that prevent or eliminate external and internal parasites, such as fleas, ticks, and worms. The company also provides medicated feed additives that offer medicines to livestock; veterinarian solutions for anesthesia, pain management, and the diagnosis of diabetes; and other pharmaceutical products, including pain and sedation, oncology, antiemetic, allergy and dermatology, and reproductive products. In addition, it offers other product categories comprising nutritionals and agribusiness services, as well as products and services in complementary areas consisting of biodevices, diagnostics, and genetics. The company markets its products to veterinarians and livestock producers through its sales representatives, and technical and veterinary operations specialists. Zoetis Inc. was founded in 1952 and is headquartered in Florham Park, New Jersey.

 

Trader Alert: L Brands, Inc. (LB), Dollar General Corporation (DG), The Goldman Sachs Group, Inc. (GS)

L Brands, Inc. (LB) grew with the stock adding 0.65% or $0.38 to close at $58.66 on active trading volume of 2.77M compared its three months average trading volume of 2.42M. The Columbus Ohio 43230 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -24.52% down for the period and down by -10.91% so far this year. With price target of $68.56 and a 2.05% rebound from 52-week low, L Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

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.

Dollar General Corporation (DG) gained $2.27 to close the day at a new closing price of $75.07, a 3.12% increase in value from its previous closing price that moved the stock 13.25% above its 52 week low of $66.5. A total of 2.75M shares exchanged hands during the day compared with its three month average trading volume of 3.11M. The stock, which fluctuated between $72.7 and $75.13 during the day, currently situated -21.98% below its 52 week high. The stock is up by 1.82% in the past one month and up by 7.95% over the past three months. With a one year target estimate of $79.94 and RSI of 57.46, the stock still has upside potential, making it a hold for now.

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables consisting of milk, eggs, bread, frozen meals, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, as well as soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which include pet supplies and pet food; and tobacco products. It also provides seasonal products, including decorations, toys, batteries, small electronics, greeting cards, stationery products, prepaid phones and accessories, gardening supplies, hardware products, and automotive and home office supplies; and home products consisting of kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen products, beds, and bath soft goods. In addition, the company offers apparel for infants, toddlers, girls, boys, women, and men, as well as socks, underwear, disposable diapers, shoes, and accessories. As of October 28, 2016, it operated 13,205 stores located in 43 states. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.

The Goldman Sachs Group, Inc. (GS) shares were down in last trading by -0.79% to $237.73. It experienced lighter than average volume on day. The stock increased in value by almost 3.06% over the past week and fell -2.12% in the past month. It is currently trading 0.81% above its 50 day moving average and 30.45% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.05% decrease in value from its one year high of $247.77. The RSI indicator value of 50.38, lead us to believe that it is a hold for now.

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

 

Stocks Under Consideration: Berkshire Hathaway Inc. (BRK-B), Harris Corporation (HRS), Discover Financial Services (DFS)

Berkshire Hathaway Inc. (BRK-B) retreated with the stock falling -0.04% or $-0.06 to close at $162.87 on light trading volume of 2.25M compared its three months average trading volume of 3.76M. The company has been trending up for the last 52 weeks, with the shares price now 27.52% up for the period and down by -0.07% so far this year. With price target of $192.5 and a 31.3% rebound from 52-week low, Berkshire Hathaway Inc. has plenty of upside potential, making it a hold with a view buy.

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

Harris Corporation (HRS) had a light trading with around 2.22M shares changing hands compared to its three month average trading volume of 710.44K. The stock traded between $104.58 and $105.61 before closing at the price of $104.91 with -0.41% change on the day. The Melbourne Florida 32919 based company is currently trading 51.31% above its 52 week low of $70.97 and -2.45% below its 52 week high of $107.54. Both the RSI indicator and target price of  and $116.7 respectively, lead us to believe that it could rise over the coming weeks.

Harris Corporation provides technology-based solutions that solve government and commercial customers’ mission-critical challenges. The company operates in four segments: Communication Systems, Space and Intelligence Systems, Electronic Systems, and Critical Networks. It designs, develops, and manufactures radio communications products and systems, including single channel ground and airborne radio systems, 2-channel vehicular radio systems, multiband manpack and handheld radios, multi-channel manpack and airborne radios, and single-channel airborne radios, as well as wideband rifleman team, ground, and high frequency manpack radios. The company also offers secure communications systems and equipment, including Internet protocol based voice and data communications systems, as well as single-band land mobile radio terminals and multiband radios comprising a handheld radio and a full-spectrum mobile radio for vehicles. In addition, it provides earth observation, environmental, geospatial, space protection, and intelligence solutions, such as sensors and payloads, as well as ground processing and information analytics for security, defense, civil, and commercial customers; and positioning, navigation, and timing products, systems, and solutions. Further, the company offers electronic warfare, avionics, wireless technology, command, control, communications, computers and intelligence, and undersea systems solutions for aviation, defense, and maritime applications. Additionally, it provides managed services that support air traffic management, energy and maritime communications, and ground network operation and sustainment; and information technology and engineering services to government and commercial customers. The company has a collaboration with Boeing for the development of avionics technology for military aircraft. The company was founded in 1895 and is headquartered in Melbourne, Florida.

Discover Financial Services (DFS) saw its value decrease by -0.51% as the stock dropped $-0.35 to finish the day at a closing price of $68.16. The stock was lighter in trading and has fluctuated between $42.86-$74.33 per share for the past year. The shares, which traded within a range of $67.73 to $68.42 during the day, are up by 18.56% in the past three months and up by 18.84% over the past six months. It is currently trading -2.01% below its 20 day moving average and -3.05% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $79.96 a share over the next twelve months. The current relative strength index (RSI) reading is 39.25.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates the Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

 

Stocks Under Review: Aetna Inc. (AET), Autodesk, Inc. (ADSK), Incyte Corporation (INCY)

Aetna Inc. (AET) managed to rebound with the stock climbing 0.55% or $0.66 to close the day at $121.33 on light trading volume of 2.18M shares, compared to its three month average trading volume of 3.3M. The Hartford Connecticut 06156 based company has been outperforming the health care plans group over the past 52 weeks, with the stock gaining 25.91%, compared to the industry which has advanced 19.34% over the same period. With RSI of 48.68, the stock should still continue to rise and get closer to its one year target estimate of $140.06, making it a hold for now.

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

Autodesk, Inc. (ADSK) retreated with the stock falling -1.86% or $-1.57 to close at $82.93 on light trading volume of 2.18M compared its three months average trading volume of 2.44M. The San Rafael California 94903 based company operating under the Technical & System Software industry has been trending up for the last 52 weeks, with the shares price now 94.49% up for the period and up by 12.05% so far this year. With price target of $80.94 and a 99.35% rebound from 52-week low, Autodesk, Inc. has plenty of upside potential, making it a hold with a view buy.

Autodesk, Inc. operates as a design software and services company worldwide. The company’s Architecture, Engineering and Construction segment offers Autodesk Building Design Suites to manage various phases of design and construction; Autodesk Revit products that offer model-based design and documentation systems; Autodesk Infrastructure Design Suites; AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution; and AutoCAD Map 3D software for infrastructure planning, design, and management. Its Platform Solutions and Emerging Business segment offers AutoCAD software, a professional design, drafting, detailing, and visualization software; and AutoCAD LT, a professional drafting and detailing software. The company’s Manufacturing segment provides Autodesk Product Design Suites for digital prototyping; Autodesk Inventor to go beyond 3D design to digital prototyping; AutoCAD Mechanical software to accelerate the mechanical design process; Autodesk Moldflow, an injection molding simulation software; Autodesk Delcam, a CAD and computer-aided manufacturing software; Autodesk PLM 360, a product lifecycle management application; and Autodesk Fusion 360, a product development environment. Its Media and Entertainment segment offers Autodesk Maya and Autodesk 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and Autodesk Flame and Autodesk Lustre software applications that offer editing, finishing, and visual effects design and color grading solutions. Autodesk, Inc. sells consumer products for digital art, personal design and creativity, and home design in digital storefronts and over the Internet. It licenses or sells its products to customers in the architecture, engineering, and construction; manufacturing; and digital media, consumer, and entertainment industries directly, as well as through resellers and distributors. Autodesk, Inc. was founded in 1982 and is headquartered in San Rafael, California.

Incyte Corporation (INCY) managed to rebound with the stock climbing 3.85% or $4.55 to close the day at $122.73 on higher than average trading volume of 2.18M shares, compared to its three month average trading volume of 1.43M. The Wilmington Delaware 19803 based company has been underperforming the biotechnology companies by 33.1966% for last three months and its recent gains have pushed the stock slightly up 22.4% YTD, versus the biotechnology industry which is down -4.83% for the same period. The RSI of 61.71 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Incyte Corporation focuses on the discovery, development, and commercialization of proprietary therapeutics in oncology in the United States and internationally. It offers JAKAFI for the treatment of myelofibrosis and polycythemia vera cancers. Its clinical stage products include ruxolitinib cream, which is in Phase II clinical trials for the treatment of alopecia areata; and INCB52793 that is in Phase I/II clinical trials for the treatment of advanced malignancies. The company’s clinical stage products also comprise baricitinib, which is in Phase III trials for rheumatoid arthritis, as well as completed Phase II clinical trial for psoriasis and diabetic nephropathy; and in Phase II clinical trial for atopic dermatitis. In addition, it is developing INCB39110, which is in Phase I/II trials in combination with osimertinib for lung cancer, as well as in Phase I/II trials in combination with pembrolizumab for advanced malignancies; and in Phase II clinical trial for graft versus host disease. Further, the company’s clinical stage products include epacadostat that is in Phase II clinical trial for various tumors, and in Phase I/II clinical trial for non-small cell lung cancer, as well as for advanced melanoma. Additionally, it is developing INCB54329 (BRD) and INCB53914 (PIM), which are in Phase I/II trials for the treatment of advanced malignancies; INCB50465 (PI3Kd) that is in Phase I/II trials for B-cell malignancies and solid tumors; INCB54828 (FGFR) and INCSHR1210 that are in I/II trials for solid tumors; and capmatinib that is in Phase II trial for the treatment of non-small cell lung, glioblastoma, and liver cancer. The company markets its JAKAFI product through a network of specialty pharmacy providers and wholesalers. It has collaboration agreements with Novartis International Pharmaceutical Ltd.; Eli Lilly and Company; Agenus Inc.; Pfizer Inc.; and Jiangsu Hengrui Medicine Co., Ltd. The company was founded in 1991 and is headquartered in Wilmington, Delaware.

 

Equities Trend Analysis: HCA Holdings, Inc. (HCA), T. Rowe Price Group, Inc. (TROW), Biogen Inc. (BIIB)

HCA Holdings, Inc. (HCA) grew with the stock adding 0.5% or $0.41 to close at $83 on light trading volume of 1.92M compared its three months average trading volume of 3.05M. The Nashville Tennessee 37203 based company operating under the Hospitals industry has been trending up for the last 52 weeks, with the shares price now 24.81% up for the period and up by 12.13% so far this year. With price target of $91.04 and a 29.95% rebound from 52-week low, HCA Holdings, Inc. has plenty of upside potential, making it a hold with a view buy.

HCA Holdings, Inc., through its subsidiaries, provides health care services in the United States. It operates general, acute care hospitals that offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services. The company also operates psychiatric hospitals, which provide therapeutic programs comprising child, adolescent and adult psychiatric care, adult and adolescent alcohol and drug abuse treatment, and counseling. In addition, it operates outpatient health care facilities consisting of freestanding ambulatory surgery centers, freestanding emergency care facilities, urgent care facilities, walk-in clinics, diagnostic and imaging centers, rehabilitation and physical therapy centers, radiation and oncology therapy centers, physician practices, and various other facilities. As of December 31, 2015, the company operated 164 general, acute care hospitals with 43,275 licensed beds; 3 psychiatric hospitals with 396 licensed beds; and 1 rehabilitation hospital, as well as 116 freestanding surgery centers. HCA Holdings, Inc. was founded in 1968 and is headquartered in Nashville, Tennessee.

  1. Rowe Price Group, Inc. (TROW) had a light trading with around 1.91M shares changing hands compared to its three month average trading volume of 2.11M. The stock traded between $67.32 and $67.89 before closing at the price of $67.57 with 0.03% change on the day. The Baltimore Maryland 21202 based company is currently trading 8.35% above its 52 week low of $62.97 and -13.8% below its 52 week high of $79. Both the RSI indicator and target price of and $73.05 respectively, lead us to believe that it could rise 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.

Biogen Inc. (BIIB) saw its value increase by 0.99% as the stock gained $2.63 to finish the day at a closing price of $268.74. The stock was higher in trading and has fluctuated between $223.02-$333.65 per share for the past year. The shares, which traded within a range of $265.43 to $269.01 during the day, are down by -9.09% in the past three months and down by -14.53% over the past six months. It is currently trading -3.33% below its 20 day moving average and -5.9% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $321.63 a share over the next twelve months. The current relative strength index (RSI) reading is 38.54.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Biogen Inc., a biopharmaceutical company, discovers, develops, manufactures, and delivers therapies for the treatment of neurological and autoimmune diseases worldwide. The company offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, ZINBRYTA, and FAMPYRA to treat multiple sclerosis (MS); FUMADERM for the treatment of plaque psoriasis; and SPINRAZA to treat spinal muscular atrophy. It also provides BENEPALI, an etanercept biosimilar referencing ENBREL; FLIXABI, an infliximab biosimilar referencing REMICADE; RITUXAN for the treatment of non-Hodgkin’s lymphoma, chronic lymphocytic leukemia (CLL), and other conditions; GAZYVA to treat CLL and follicular lymphoma; and other potential anti-CD20 therapies. The company’s Phase III clinical trial products comprise GAZYVA for the treatment of front-line indolent non-hodgkin’s lymphoma; and Aducanumab and E2609 for Alzheimer’s disease. Its Phase II clinical trial products include BIIB074 for trigeminal neuralgia, lumbosacral radiculopathy, and erythromelalgia; BAN2401 for Alzheimer’s disease; Opicinumab (anti-LINGO-1) for MS; TYSABRI for acute ischemic stroke; rAAV-XLRS for X-linked juvenile retinoschisis; BG00011 (STX-100) for idiopathic pulmonary fibrosis; and Dapirolizumab pegol and BIIB059 (Anti-BDCA02) for lupus. The company’s Phase I clinical trial products comprise BIIB061 for MS; BIIB054 for Parkinson’s disease; BIIB067 (IONIS-SOD1Rx) for amyotrophic lateral sclerosis; and BIIB068 (BTK Inhibitor) for autoimmune disease. It has collaboration agreements with AbbVie, Inc.; Acorda Therapeutics, Inc.; Applied Genetic Technologies Corporation; Eisai Co., Ltd.; Genentech, Inc.; Ionis Pharmaceuticals, Inc.; Samsung Bioepis; and University of Pennsylvania. Biogen Inc. offers products through its sales force and marketing groups. The company was formerly known as Biogen Idec Inc. and changed its name to Biogen Inc. in March 2015. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts.

 

Stocks on the Move: Yum! Brands, Inc. (YUM), Cardinal Health, Inc. (CAH), Nucor Corporation (NUE)

Yum! Brands, Inc. (YUM) continued its upward trend with the stock climbing 0.15% or $0.1 to close the day at $66.59 on light trading volume of 2.47M shares, compared to its three month average trading volume of 2.6M. The Louisville Kentucky 40213 based company has been outperforming the restaurants group over the past 52 weeks, with the stock gaining 42.36%, compared to the industry which has advanced 9.81% over the same period. With RSI of 66.6, the stock should still continue to rise and get closer to its one year target estimate of $67.83, making it a hold for now.

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

Cardinal Health, Inc. (CAH) climbed 0.06% during last trading as the stock added $0.05 to finish the day at $77.81 with about 2.46M shares changing hands, compared to its three month average trading volume of 2.84M. The $24.9B market cap company, which fluctuated between $76.67 and $77.85 during the day, currently situated 24.87% above its 52 week low of $62.7 and -9.83% away from its one year high of $87.85. The RSI of 64.87 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company’s Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, hospitals, and other healthcare providers. It offers distribution, inventory management, data reporting, new product launch support, and contract pricing and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers. This segment also operates nuclear pharmacies and cyclotron facilities that manufacture, prepare, and deliver radiopharmaceuticals, as well as operates direct-to-patient specialty pharmacies; offers logistics, marketing, and other services; and repackages generic pharmaceuticals and over-the-counter healthcare products. The company’s Medical segment distributes a range of medical, surgical, and laboratory products and services to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers, as well as to patients in the home. This segment also develops, manufactures, and sources medical and surgical products comprising surgical drapes, and gowns and apparel; exam and surgical gloves; fluid suction and collection systems; cardiovascular and endovascular products; and wound care and orthopedic products, as well as assembles and offers sterile and non-sterile procedure kits. In addition, it offers supply chain services, including spend, distribution, and inventory management services to healthcare providers; and post-acute care management, and transition services and software to hospitals, other healthcare providers, and payers. The company was founded in 1979 and is headquartered in Dublin, Ohio.

Nucor Corporation (NUE) saw its value increase by 1.09% as the stock gained $0.63 to finish the day at a closing price of $58.28. The stock was lighter in trading and has fluctuated between $37.71-$68 per share for the past year. The shares, which traded within a range of $57.2 to $58.32 during the day, are up by 14.24% in the past three months and up by 11.93% over the past six months. It is currently trading -2.45% below its 20 day moving average and -4.65% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $64.12 a share over the next twelve months. The current relative strength index (RSI) reading is 41.14. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.

 

Stocks Trend Analysis: Kimco Realty Corporation (KIM), EOG Resources, Inc. (EOG), Plains All American Pipeline, L.P. (PAA)

Kimco Realty Corporation (KIM) managed to rebound with the stock climbing 1.23% or $0.3 to close the day at $24.61 on active trading volume of 3.45M shares, compared to its three month average trading volume of 3.44M. The New Hyde Park New York 11042 based company has been underperforming the reit – retail group over the past 52 weeks, with the stock losing -5.5%, compared to the industry which has advanced 6.79% over the same period. With RSI of 41.78, the stock should still continue to rise and get closer to its one year target estimate of $28.21, making it a hold for now.

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

EOG Resources, Inc. (EOG) grew with the stock adding 0.98% or $0.95 to close at $98.14 on light trading volume of 3.44M compared its three months average trading volume of 3.61M. The Houston Texas 77002 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 50.75% up for the period and down by -2.77% so far this year. With price target of $112.41 and a 58.13% rebound from 52-week low, EOG Resources, Inc. has plenty of upside potential, making it a hold with a view buy.

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

Plains All American Pipeline, L.P. (PAA) failed to extend gains with the stock declining -2.85% or $-0.92 to close the day at $31.37 on higher than average trading volume of 3.44M shares, compared to its three month average trading volume of 2.48M. The Houston Texas 77002 based company has been outperforming the oil & gas pipelines companies by 9.0083% for last three months and its recent gains have offset losses to -1.17% YTD, versus the oil & gas pipelines industry which is up 4.28% for the same period. The RSI of 48.84 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Plains All American Pipeline, L.P., through with its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. Its Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2015, this segment owned and leased 18,100 miles of active crude oil and NGL pipelines and gathering systems; 30 million barrels of active and above-ground tank capacity; 830 trailers; 142 transport and storage barges; and 64 transport tugs. The company’s Facilities segment provides storage, terminalling, and throughput services for crude oil, refined products, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2015, it owned and operated approximately 80 million barrels of crude oil and refined products storage capacity; 25 million barrels of NGL storage capacity; 97 billion cubic feet of natural gas storage working capacity; 31 billion cubic feet of base gas; 10 natural gas processing plants; 1 condensate processing facility; 7 fractionation plants; 28 crude oil and NGL rail terminals; 6 marine facilities; and 1,100 miles of active pipelines. Its Supply and Logistics segment purchases crude oil at the wellhead, pipeline, terminal, and rail facilities; purchases cargos at load port and various locations in transit; stores inventory, and NGL and natural gas; purchases NGL; resells or exchanges crude oil and NGL; transports crude oil and NGL on trucks, barges, railcars, pipelines, and ocean-going vessels; and purchases and sells natural gas. As of December 31, 2015, it owned 13 million barrels of crude oil and NGL linefill; 5 million barrels of crude oil and NGL linefill; 990 trucks and 1,100 trailers; and 10,100 crude oil and NGL railcars. The company was founded in 1998 and is headquartered in Houston, Texas.

 

Stocks To Track: WPX Energy, Inc. (WPX), FireEye, Inc. (FEYE), Mattel, Inc. (MAT)

WPX Energy, Inc. (WPX) fell -4.49% during last trading as the stock lost $-0.61 to finish the day at $12.98 with about 8.81M shares changing hands, compared to its three month average trading volume of 8.15M. The $4.4B market cap company, which fluctuated between $12.86 and $13.48 during the day, currently situated 269.8% above its 52 week low of $3.51 and -19.73% away from its one year high of $16.17. The RSI of 33 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. Its principal areas of operation include the Permian Basin in Texas and New Mexico, the Williston Basin in North Dakota, and the San Juan Basin in New Mexico and Colorado. As of December 31, 2014, the company had proved reserves of 583 million barrels of oil equivalent. WPX Energy, Inc. was incorporated in 2011 and is headquartered in Tulsa, Oklahoma.

FireEye, Inc. (FEYE) gained $0.26 to close the day at a new closing price of $11.11, a 2.4% increase in value from its previous closing price that moved the stock 4.81% above its 52 week low of $10.6. A total of 8.68M shares exchanged hands during the day compared with its three month average trading volume of 4.68M. The stock, which fluctuated between $10.9 and $11.15 during the day, currently situated -43.4% below its 52 week high. The stock is down by -11.4% in the past one month and down by -9.97% over the past three months. With a one year target estimate of $16.58 and RSI of 32.76, the stock still has upside potential, making it a hold for now.

FireEye, Inc. provides cybersecurity solutions for detecting, preventing, analyzing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information. It also offers Central Management System that provides cross-enterprise threat data correlation to identify and block attacks across multiple attack vectors; and Threat Analytics Platform to identify and respond to cyber threats by correlating enterprise-generated security event data from any security product with real-time threat intelligence, as well as Malware Analysis System to manually execute and inspect advanced malware, zero-day, and other advanced cyber-attacks embedded in files, email attachments, and Web objects. In addition, the company offers Network Forensics Platform that helps in detecting threats and view specific packets and sessions before, during, and after the attack to confirm what may have triggered a malware download or callback; Investigation Analysis System, a centralized analytical interface to the Network Forensics Platform; and Mandiant Intelligent Response that enables remote investigation of endpoints and allows security teams to collect targeted forensic data to identify attacker behavior, tools, and techniques. Further, it provides cloud-based subscription services; Security-as-a-Service; and incident response, compromise assessments, and related consulting, as well as training and professional, and customer support and maintenance services. FireEye, Inc. provides its products and services through distributors, resellers, and strategic partners in the United States, the Asia Pacific, Japan, Europe, the Middle East, Africa, and others. The company was formerly known as NetForts, Inc. and changed its name to FireEye, Inc. in September 2005. FireEye, Inc. was founded in 2004 and is headquartered in Milpitas, California.

Mattel, Inc. (MAT) had a active trading with around 8.39M shares changing hands compared to its three month average trading volume of 4.93M. The stock traded between $25.83 and $26.8 before closing at the price of $25.88 with -0.15% change on the day. The El Segundo California 90245 based company is currently trading 2.82% above its 52 week low of $25.17 and -22.92% below its 52 week high of $34.76. Both the RSI indicator and target price of 34.78 and $31.27 respectively, lead us to believe that it should be put on hold over the coming weeks.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, including Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and DC Comics. The company also provides its products under the Fisher-Price brands, such as Fisher-Price, Little People, BabyGear, Laugh & Learn, Imaginext, Thomas & Friends, Dora the Explorer, Mickey Mouse Clubhouse, Disney Jake, the Never Land Pirates, and Power Wheels. In addition, it offers its products under the American Girl brands comprising Truly Me, BeForever, and Bitty Baby; and construction, and arts and crafts brands, such as MEGA BLOKS, RoseArt, and Board Dudes, as well as publishes the American Girl magazine. Mattel, Inc. sells its products directly to consumers via its catalog, Website, and proprietary retail stores, as well as directly to retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; to wholesalers; and through agents and distributors. The company was founded in 1945 and is headquartered in El Segundo, California.

 

Stocks on the Move: Amicus Therapeutics, Inc. (FOLD), NRG Energy, Inc. (NRG), Aramark (ARMK)

Amicus Therapeutics, Inc. (FOLD) continued its upward trend with the stock climbing 1.86% or $0.11 to close the day at $6.02 on active trading volume of 5.07M shares, compared to its three month average trading volume of 3.68M. The Cranbury New Jersey 08512 based company has been outperforming the biotechnology group over the past 52 weeks, with the stock gaining 16.67%, compared to the industry which has advanced 11.27% over the same period. With RSI of 61.15, the stock should still continue to rise and get closer to its one year target estimate of $11.06, making it a hold for now.

Amicus Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines for various rare and orphan diseases. Its principal product is the migalastat HCl, a small molecule, which has completed Phase III studies that can be used as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease. The company is also developing SD-101, which is in Phase III clinical study for the treatment of the genetic connective tissue disorder epidermolysis bullosa; ATB200 that is in Phase II studies to treat pompe disease; AT2221, which is in Phase II studies for the treatment of pompe disease; and AT3375 to treat Parkinson’s disease. The company has strategic alliance with GlaxoSmithKline plc to develop and commercialize migalastat as a monotherapy and in combination with ERT for Fabry disease. Amicus Therapeutics, Inc. was founded in 2002 and is headquartered in Cranbury, New Jersey.

NRG Energy, Inc. (NRG) fell -2.57% during last trading as the stock lost $-0.43 to finish the day at $16.27 with about 5.06M shares changing hands, compared to its three month average trading volume of 6.69M. The $5.14B market cap company, which fluctuated between $16.23 and $16.7 during the day, currently situated 81.78% above its 52 week low of $9.03 and -10.58% away from its one year high of $18.32. The RSI of 64.33 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Aramark (ARMK) saw its value increase by 5.05% as the stock gained $1.69 to finish the day at a closing price of $35.17. The stock was higher in trading and has fluctuated between $29.18-$38.3 per share for the past year. The shares, which traded within a range of $34.74 to $36.09 during the day, are down by -2.4% in the past three months and down by -1.11% over the past six months. It is currently trading 4.58% above its 20 day moving average and 0.9% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $39.89 a share over the next twelve months. The current relative strength index (RSI) reading is 60.16. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. It offers managed services include dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. The company also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply chain management, purchasing, and central transportation. In addition, it offers on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising housekeeping, plant operations and maintenance, energy management, laundry and linen, grounds keeping, landscaping, transportation, capital program management and commissioning, and other facility consulting services. Further, the company provides facility and business support services for mining and oil operations; and concessions, banquet and catering, retail and merchandise sales, recreational and lodging, and facility management services for sports, entertainment, and recreational facilities. Additionally, it offers correctional food, and food and facilities management services for parks; and operates commissaries, laundry facilities, and property rooms. It also rents, sells, cleans, maintains, and delivers uniform and career apparel, and other textile items; and provides other garments and work clothes, as well as ancillary items. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

 

Stocks Alert: PulteGroup, Inc. (PHM), New Residential Investment Corp. (NRZ), Groupon, Inc. (GRPN)

PulteGroup, Inc. (PHM) retreated with the stock falling -0.19% or $-0.04 to close at $21.25 on active trading volume of 5M compared its three months average trading volume of 5.65M. The Atlanta Georgia 30326 based company operating under the Residential Construction industry has been trending up for the last 52 weeks, with the shares price now 37.19% up for the period and up by 15.61% so far this year. With price target of $23.71 and a 42.42% rebound from 52-week low, PulteGroup, Inc. has plenty of upside potential, making it a hold with a view buy.

PulteGroup, Inc., through its subsidiaries, engages primarily in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods names. As of December 31, 2016, the company controlled 99,279 owned lots and 43,979 lots under land option agreements. It also arranges financing through the origination of mortgage loans, principally for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.

New Residential Investment Corp. (NRZ) dropped $0 to close the day at a new closing price of $15.78, a 0% decrease in value from its previous closing price that moved the stock 86.36% above its 52 week low of $9.69. A total of 4.99M shares exchanged hands during the day compared with its three month average trading volume of 3.75M. The stock, which fluctuated between $15.75 and $15.92 during the day, currently situated -3.37% below its 52 week high. The stock is down by -1.13% in the past one month and up by 15.79% over the past three months. With a one year target estimate of $16.59 and RSI of 48.52, the stock still has upside potential, making it a hold for now.

New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also acquires and manages a diversified portfolio of credit sensitive real estate securities, such as non-agency and agency residential mortgage backed securities; and acquires residential mortgage loans comprising performing, non-performing, re-performing, and reverse mortgage loans. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is based in New York, New York.

Groupon, Inc. (GRPN) shares were down in last trading by -1.41% to $3.5. It experienced lighter than average volume on day. The stock increased in value by almost 1.45% over the past week and fell -0.85% in the past month. It is currently trading -3.37% below its 50 day moving average and -15.84% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -41.08% decrease in value from its one year high of $5.94. The RSI indicator value of 45.51, lead us to believe that it is a hold for now.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. The company was founded in 2008 and is headquartered in Chicago, Illinois. Groupon, Inc. is a subsidiary of The Point, LLC.