Nicole DeMars

Momentum Stocks: MGM Resorts International (MGM), NVIDIA Corporation (NVDA), Realty Income Corporation (O)

MGM Resorts International (MGM) retreated with the stock falling -1.75% or $-0.51 to close at $28.65 on active trading volume of 9.17M compared its three months average trading volume of 7.05M. The Las Vegas Nevada 89109 based company operating under the Resorts & Casinos industry has been trending up for the last 52 weeks, with the shares price now 49.61% up for the period and down by -0.62% so far this year. With price target of $34.67 and a 65.22% rebound from 52-week low, MGM Resorts International has plenty of upside potential, making it a hold with a view buy.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

NVIDIA Corporation (NVDA) had a active trading with around 21.25M shares changing hands compared to its three month average trading volume of 18.14M. The stock traded between $106.29 and $110.15 before closing at the price of $108.78 with 0.37% change on the day. The Santa Clara California 95050 based company is currently trading 322.08% above its 52 week low of $27.22 and -10.04% below its 52 week high of $120.92. Both the RSI indicator and target price of  and $103.5 respectively, lead us to believe that it could rise over the coming weeks.

NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for deep learning, accelerated computing, and general purpose computing; and GRID for cloud-based streaming on gaming devices. The Tegra Processor segment provides processors that integrate a computer onto a single chip under the Tegra brand name; DRIVE automotive computers, which offer supercomputing capabilities; and tablet and portable devices for mobile gaming under the SHIELD name. The company’s products are used in gaming, professional visualization, datacenter, and automotive markets. It sells its products primarily to original equipment manufacturers, original design manufacturers, system builders, motherboard manufacturers, add-in board manufacturers, and retailers/distributors. The company has a collaboration with ZENRIN to develop a cloud-to-car HD map solution for self-driving cars. NVIDIA Corporation was founded in 1993 and is headquartered in Santa Clara, California.

Realty Income Corporation (O) saw its value decrease by -1.36% as the stock dropped $-0.84 to finish the day at a closing price of $60.78. The stock was lighter in trading and has fluctuated between $52.72-$72.3 per share for the past year. The shares, which traded within a range of $60.23 to $61.59 during the day, are up by 12.96% in the past three months and down by -8.78% over the past six months. It is currently trading 1.62% above its 20 day moving average and 5.25% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $61.07 a share over the next twelve months. The current relative strength index (RSI) reading is 61.44.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California.

 

Stocks Roundup: Kellogg Company (K), Facebook, Inc. (FB), Southern Copper Corporation (SCCO)

Kellogg Company (K) grew with the stock adding 0.4% or $0.3 to close at $75.92 on active trading volume of 1.87M compared its three months average trading volume of 1.65M. The Battle Creek Michigan 49017 based company operating under the Processed & Packaged Goods industry has been trending up for the last 52 weeks, with the shares price now 3.7% up for the period and up by 3% so far this year. With price target of $81.13 and a 7.32% rebound from 52-week low, Kellogg Company has plenty of upside potential, making it a hold with a view buy.

Kellogg Company manufactures and markets ready-to-eat cereal and convenience foods. It operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. The company’s principal products include cookies, crackers, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods, as well as health and wellness bars, and beverages. It offers cereal products under the Kellogg’s brand name; and cookies, crackers, crisps, and other convenience foods under the Kellogg’s, Keebler, Cheez-It, Murray, Austin, and Famous Amos brands. The company sells its products for grocery trade through direct sales forces; and to supermarkets through a direct store-door delivery system, as well as use brokers and distributors. The company was founded in 1906 and is headquartered in Battle Creek, Michigan.

Facebook, Inc. (FB) had a light trading with around 14.34M shares changing hands compared to its three month average trading volume of 21.2M. The stock traded between $132.55 and $134.23 before closing at the price of $133.85 with -0.15% change on the day. The Menlo Park California 94025 based company is currently trading 33.53% above its 52 week low of $100.4 and -1.21% below its 52 week high of $135.49. Both the RSI indicator and target price of  and $159.21 respectively, lead us to believe that it could rise over the coming weeks.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. The company also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2016, it had approximately 1.23 billion daily active users. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

Southern Copper Corporation (SCCO) saw its value decrease by -0.03% as the stock dropped $-0.01 to finish the day at a closing price of $38.63. The stock was lighter in trading and has fluctuated between $23.54-$39.5 per share for the past year. The shares, which traded within a range of $38.28 to $38.75 during the day, are up by 18.03% in the past three months and up by 48.03% over the past six months. It is currently trading 2.68% above its 20 day moving average and 10.45% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $33.41 a share over the next twelve months. The current relative strength index (RSI) reading is 62.38.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as molybdenum concentrate, refined silver, gold, and other materials. It operates the Toquepala, Cuajone, La Caridad, and Buenavista mine complexes, as well as the smelting and refining plants, which produce copper with production of by-products of molybdenum, silver, and other materials. The company also operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. It has interests in 77,799 hectares of exploration concessions in Peru; 145,720 hectares of exploration concessions in Mexico; 159,831 hectares of exploration concessions in Argentina; 40,758 hectares of exploration concessions in Chile; and 2,544 hectares of exploration concessions in Ecuador. The company was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.

 

Stocks Trending Alert: Mastercard Incorporated (MA), Fastenal Company (FAST), Starbucks Corporation (SBUX)

Mastercard Incorporated (MA) saw its value increase by 0.55% as the stock gained $0.6 to finish the day at a closing price of $108.88. The stock was lighter in trading and has fluctuated between $84.59-$111.07 per share for the past year. The shares, which traded within a range of $107.76 to $109.21 during the day, are up by 4.29% in the past three months and up by 13.35% over the past six months. It is currently trading 0.83% above its 20 day moving average and 2.77% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $121.93 a share over the next twelve months. The current relative strength index (RSI) reading is 60.82.The technical indicator lead us to believe there will be no major movement any time soon, hold.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. The company also offers value-added services, such as loyalty and reward programs, and information and consulting services. In addition, it provides cross-border and domestic processing services; and issuer and acquirer processing solutions, and payment and mobile gateways. Further, the company offers various payment products and solutions for cardholders, merchants, financial institutions, and governments; programs that enable issuers to provide consumers with cards to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid payment programs and management services; and commercial payment products and solutions. Additionally, it provides products and services to prevent, detect, and respond to fraud and ensure the safety of transactions. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus brands. MasterCard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Fastenal Company (FAST) shares were up in last trading by 0.52% to $50.39. It experienced lighter than average volume on day. The stock increased in value by almost 1.16% over the past week and grew 5.54% in the past month. It is currently trading 3.84% above its 50 day moving average and 14.57% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.64% decrease in value from its one year high of $51.56. The RSI indicator value of 59.09, lead us to believe that it is a hold for now.

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. The company’s fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures. It also offers miscellaneous supplies and hardware, including various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which include general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. The company distributes its products through a network of approximately 2,500 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Starbucks Corporation (SBUX) traded within a range of $56.02 to $56.61 after opening the day at $56.02. The company has seen its stock increase in value by 2.37% so far this year. The stock was up close to 0.84% on light volume in last trading session and closed at $56.58 per share. After the recent gain, the stock is currently holding -6.72% below its 52 week high of $61.64 and 12.31% above its 12-month low of $50.84. The shares are up by over 5.87% in the last three months, and the RSI indicator value of 51.17 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water; an assortment of fresh food and snack offerings; and various food products, such as pastries, breakfast sandwiches, and lunch items, as well as beverage-making equipment and accessories. The company also licenses its trademarks through licensed stores, and grocery and national foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of November 3, 2016, the company operated 25,085 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.

 

3 Stocks in Focus: Amphenol Corporation (APH), Rockwell Automation Inc. (ROK), Las Vegas Sands Corp. (LVS)

Amphenol Corporation (APH) climbed 0.23% during last trading as the stock added $0.16 to finish the day at $69.13 with about 1.05M shares changing hands, compared to its three month average trading volume of 1.2M. The $21.33B market cap company, which fluctuated between $68.56 and $69.14 during the day, currently situated 39.65% above its 52 week low of $50.95 and -0.17% away from its one year high of $69.25. The RSI of 61.86 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment produces connectors and connector systems, including fiber optic, harsh environment, high speed, and radio frequency interconnect products, as well as antennas; power interconnect products, bus bars, and distribution systems; and other connectors. It also offers value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; and other products comprising antennas, printed circuit boards, hinges, production-related accessories, molded parts, sensors and sensor-based products, switches, and touch panels and lenses. The Cable Products and Solutions segment provides coaxial, power, and specialty cables; cable assemblies; and components comprising combiner/splitter products, connector and connector systems, and fiber optic components. It serves original equipment manufacturers, electronic manufacturing services companies, original design manufacturers, and communication network operators in the automotive, broadband communication, commercial aerospace, industrial, information technology and data communication, military, mobile device, and mobile network markets. The company sells its products through its sales force, independent representatives, and a network of electronics distributors. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut.

Rockwell Automation Inc. (ROK) gained $0.2 to close the day at a new closing price of $152.21, a 0.13% increase in value from its previous closing price that moved the stock 60.95% above its 52 week low of $99.67. A total of 1.22M shares exchanged hands during the day compared with its three month average trading volume of 1.07M. The stock, which fluctuated between $151.22 and $152.44 during the day, currently situated -2.08% below its 52 week high. The stock is up by 7.2% in the past one month and up by 15.56% over the past three months. With a one year target estimate of $148.58 and RSI of 69.8, the stock still has upside potential, making it a hold for now.

Rockwell Automation Inc. provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions. The Architecture & Software segment provides control platforms, including controllers, electronic operator interface devices, electronic input/output devices, communication and networking products, and industrial computers that perform multiple control disciplines and monitoring of applications, such as discrete, batch and continuous process, drives control, motion control, and machine safety control. This segment also offers software products that include configuration and visualization software, which is used to operate and supervise control platforms, process control software, and manufacturing execution systems and information solution software to enhance manufacturing productivity and meet regulatory requirements; and other products comprising sensors, machine safety components, and linear motion control products. The Control Products & Solutions segment offers low and medium voltage electro-mechanical and electronic motor starters, motor and circuit protection devices, AC/DC variable frequency drives, push buttons, signaling devices, termination and protection devices, relays, and timers; and various packaged solutions, such as configured drives and motor control centers to automation and information solutions. This segment also offers total life-cycle support services, including technical support and repair, asset management, training, maintenance, and safety and network consulting services. The company serves food and beverage, home and personal care, life sciences, automotive and tire, oil and gas, and mining and metal industries through independent distributors and direct sales force in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Rockwell Automation Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.

Las Vegas Sands Corp. (LVS) had a light trading with around 3.36M shares changing hands compared to its three month average trading volume of 4.88M. The stock traded between $52.78 and $54.26 before closing at the price of $53.06 with -0.19% change on the day. The Las Vegas Nevada 89109 based company is currently trading 31.3% above its 52 week low of $41.25 and -15.21% below its 52 week high of $63.38. Both the RSI indicator and target price of 43.9 and $60.59 respectively, lead us to believe that it should be put on hold over the coming weeks.

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, the Four Seasons Hotel Macao, Cotai Strip, the Plaza Casino, and the Sands Macao in Macao, the People’s Republic of China; and iconic Marina Bay Sands in Singapore. The company also owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino, and Five-Diamond luxury resorts on the Las Vegas Strip; Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Casino Resort Bethlehem in Bethlehem, Pennsylvania. Its integrated resorts include accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.

 

3 Stocks to Watch For: Prologis, Inc. (PLD), The Boeing Company (BA), Norfolk Southern Corporation (NSC)

Prologis, Inc. (PLD) saw its value decrease by -0.1% as the stock dropped $-0.05 to finish the day at a closing price of $49.92. The stock was lighter in trading and has fluctuated between $37.02-$54.87 per share for the past year. The shares, which traded within a range of $49.13 to $49.98 during the day, are up by 8.51% in the past three months and down by -6.33% over the past six months. It is currently trading -1.11% below its 20 day moving average and -2.98% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $15.46 a share over the next twelve months. The current relative strength index (RSI) reading is 45.73.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. It was previously known as Security Capital Investment Trust. Prologis Inc. was formed in 1991 and is based in San Francisco, California with an additional office in Denver, Colorado.

The Boeing Company (BA) shares were up in last trading by 0.28% to $168.5. It experienced lighter than average volume on day. The stock increased in value by almost 2.07% over the past week and grew 7% in the past month. It is currently trading 6.72% above its 50 day moving average and 22.05% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.34% decrease in value from its one year high of $170. The RSI indicator value of 68.81, lead us to believe that it is a hold for now.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. It operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements; and provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment researches, develops, produces, and modifies manned and unmanned military aircraft, and weapons systems for global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment researches, develops, produces, and modifies strategic defense and intelligence systems, satellite systems, and space exploration products. The Global Services & Support segment provides integrated logistics services comprising supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services that include pilot and maintenance training. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating and finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was founded in 1916 and is headquartered in Chicago, Illinois.

Norfolk Southern Corporation (NSC) traded within a range of $121.62 to $123 after opening the day at $121.83. The company has seen its stock increase in value by 13.93% so far this year. The stock was up close to 0.23% on light volume in last trading session and closed at $122.49 per share. After the recent gain, the stock is currently holding -0.66% below its 52 week high of $123.3 and 74.41% above its 12-month low of $72.01. The shares are up by over 22.02% in the last three months, and the RSI indicator value of 70.05 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. It also transports overseas freight through various Atlantic and Gulf Coast ports. In addition, the company is involved in the operation of scheduled passenger trains; leasing or sale of rail property and equipment; development of commercial real estate; telecommunications; and the acquisition, leasing, and management of coal, oil, gas, and minerals, as well as the transport of automotive and industrial products. As of February 6, 2017, it operated approximately 19,500 route miles in 22 states and the District of Columbia. The company was founded in 1883 and is based in Norfolk, Virginia.

 

Investor’s Alert: The Blackstone Group L.P. (BX), Skyworks Solutions, Inc. (SWKS), AT&T Inc. (T)

The Blackstone Group L.P. (BX) managed to rebound with the stock declining 0% or $0 to close the day at $30.45 on lower than average trading volume of 3.77M shares, compared to its three month average trading volume of 5.23M. The New York New York 10154 based company has been outperforming the asset management companies by 27.6475% for last three months and its recent gains have pushed the stock slightly up 14.38% YTD, versus the asset management industry which is up 5.25% for the same period. The RSI of 56.58 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Blackstone Group L.P. is a publicly owned hedge fund sponsor. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations, retirees, sovereign wealth funds, and institutional and individual investors. The firm manages separate client focused portfolios for its clients. It launches fixed income mutual funds. The firm also launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York, New York with additional offices in London, United Kingdom, Hong Kong, Beijing, China, Dubai, UAE, Dusseldorf, Germany, Los Angeles, Santa Monica, Mexico City, Mexico, Paris, France, Sao Paulo, Brazil, Seoul, Korea, Shanghai, China, Singapore, Sydney, Australia, Copenhagen, Denmark, and Tokyo, Japan.

Skyworks Solutions, Inc. (SWKS) had a light trading with around 1.61M shares changing hands compared to its three month average trading volume of 2.46M. The stock traded between $90.53 and $92.48 before closing at the price of $91.8 with -0.9% change on the day. The Woburn Massachusetts 01801 based company is currently trading 62.53% above its 52 week low of $57.11 and -2.85% below its 52 week high of $94.49. Both the RSI indicator and target price of 67.73 and $92.57 respectively, lead us to believe that it should be put on hold over the coming weeks.

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio includes amplifiers, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase shifters, phase locked loops, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators. The company provides its products for automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet, and wearable applications. Skyworks Solutions, Inc. sells its products through direct sales force, electronic component distributors, and independent sales representatives. The company was founded in 1962 and is headquartered in Woburn, Massachusetts.

AT&T Inc. (T) traded within a range of $40.41 to $40.78 after opening the day at $40.47. The company has seen its stock decrease in value by -3.07% so far this year. The stock was up close to 0.25% on light volume in last trading session and closed at $40.75 per share. After the recent gain, the stock is currently holding -4.2% below its 52 week high of $43.89 and 18.03% above its 12-month low of $36.1. The shares are up by over 12.91% in the last three months, and the RSI indicator value of 43.4 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

 

Stocks To Track: Dr Pepper Snapple Group, Inc. (DPS), Archer-Daniels-Midland Company (ADM), Cigna Corporation (CI)

Dr Pepper Snapple Group, Inc. (DPS) fell -0.45% during last trading as the stock lost $-0.42 to finish the day at $93.07 with about 2.09M shares changing hands, compared to its three month average trading volume of 1.36M. The $17.03B market cap company, which fluctuated between $90 and $93.72 during the day, currently situated 15.53% above its 52 week low of $81.05 and -4.68% away from its one year high of $98.8. The RSI of 63.49 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Dr Pepper Snapple Group, Inc. operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the United States, Mexico, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water, and mixers, as well as manufactures and sells Mott’s apple sauces. The company sells its flavored CSD products primarily under the Dr Pepper, Canada Dry, 7UP, A&W, Crush, Sunkist soda, Schweppes, Squirt, and RC Cola brands; and NCB products primarily under the Hawaiian Punch, Snapple, Mott’s, and Clamato brands. It serves bottlers, distributors, and retailers. The company was incorporated in 2007 and is headquartered in Plano, Texas.

Archer-Daniels-Midland Company (ADM) gained $0.02 to close the day at a new closing price of $43.73, a 0.05% increase in value from its previous closing price that moved the stock 38.36% above its 52 week low of $31.3. A total of 2.73M shares exchanged hands during the day compared with its three month average trading volume of 3.3M. The stock, which fluctuated between $43.27 and $43.87 during the day, currently situated -8.01% below its 52 week high. The stock is up by 0.39% in the past one month and up by 5.55% over the past three months. With a one year target estimate of $44.15 and RSI of 42.96, the stock still has upside potential, making it a hold for now.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. Its Agricultural Services segment offers agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley; and resells those commodities as food and feed ingredients, and raw materials for the agricultural processing industry. The segment is also involved in structured trade finance and the processing of wheat into wheat flour. Its Corn Processing segment offers ingredients used in the food and beverage industry, including sweeteners, starch, syrup, glucose, and dextrose; bio products; alcohol, amino acids, and other food and animal feed ingredients; and ethyl alcohol for industrial use as ethanol or as beverage grade. This segment also offers corn gluten feed and meal, and distillers’ grains; vegetable oil and protein meal; formula feeds, and animal health and nutrition products; and citric acids and glycols for food and industrial products, as well as operates a sugarcane ethanol plant. The company’s Oilseeds Processing segment processes soybeans and soft seeds into vegetable oils and protein meals. It offers ingredients for the food, feed, energy, and industrial products industries; crude vegetable and salad oils; partially refined oils; oilseed protein meals; peanuts, tree nuts, and peanut-derived ingredients; cottonseed flour for the pharmaceutical industry; cotton cellulose pulp for the chemical, paper, and filter markets; and agricultural commodity raw materials. Its Wild Flavors and Specialty Ingredients segment offers natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, edible beans, and other specialty food and feed ingredients. The company is also involved in futures commission and insurance activities. Archer-Daniels-Midland Company was founded in 1898 and is headquartered in Chicago, Illinois.

Cigna Corporation (CI) had a active trading with around 1.94M shares changing hands compared to its three month average trading volume of 1.24M. The stock traded between $144.5 and $148.08 before closing at the price of $146.68 with 0.57% change on the day. The Bloomfield Connecticut 06002 based company is currently trading 27.51% above its 52 week low of $115.03 and -2.66% below its 52 week high of $150.69. Both the RSI indicator and target price of 56.23 and $164.54 respectively, lead us to believe that it should be put on hold over the coming weeks.

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. It operates through three segments: Global Health Care, Global Supplemental Benefits, and Group Disability and Life. The Global Health Care segment offers medical, dental, behavioral health, vision, and prescription drug benefit plans, as well as health advocacy programs, and other products and services to insured and self-insured customers. This segment also provides Medicare Advantage and Medicare Part D plans to seniors, and Medicaid plans. The Global Supplemental Benefits segment offers supplemental health, life, and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability, group life, accident, and specialty insurance products and related services. The company also offers corporate-owned life insurance products that are permanent insurance contracts sold to corporations to provide life coverage; and operates the run-off settlement annuity business. The company distributes its products and services through insurance brokers and insurance consultants, or directly to employers, unions and other groups, or individuals, as well as through direct response television and the Internet. Cigna Corporation was founded in 1792 and is headquartered in Bloomfield, Connecticut.

 

Momentum Stocks: Whiting Petroleum Corporation (WLL), Genworth Financial, Inc. (GNW), Oclaro, Inc. (OCLR)

Whiting Petroleum Corporation (WLL) retreated with the stock falling -2.02% or $-0.23 to close at $11.16 on active trading volume of 9.09M compared its three months average trading volume of 17.18M. The Denver Colorado 80290 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 148% up for the period and down by -7.15% so far this year. With price target of $14.21 and a 233.13% rebound from 52-week low, Whiting Petroleum Corporation has plenty of upside potential, making it a hold with a view buy.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

Genworth Financial, Inc. (GNW) had a active trading with around 9.08M shares changing hands compared to its three month average trading volume of 7.57M. The stock traded between $3.45 and $3.71 before closing at the price of $3.64 with 6.12% change on the day. The Richmond Virginia 23230 based company is currently trading 131.85% above its 52 week low of $1.68 and -30.93% below its 52 week high of $5.27. Both the RSI indicator and target price of  and $4.84 respectively, lead us to believe that it could rise over the coming weeks.

Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insure prime-based and individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance, as well as bulk mortgage insurance that aids in the sale of mortgages to the capital markets in Australia. The U.S. Life Insurance segment offers long-term care insurance products, as well as service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segment’s institutional products include funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services primarily through appointed independent producers, financial intermediaries, employer groups, and sales specialists. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.

Oclaro, Inc. (OCLR) saw its value increase by 4.64% as the stock gained $0.44 to finish the day at a closing price of $9.93. The stock was higher in trading and has fluctuated between $3.86-$10.35 per share for the past year. The shares, which traded within a range of $9.54 to $10.02 during the day, are up by 23.97% in the past three months and up by 45.18% over the past six months. It is currently trading 5.23% above its 20 day moving average and 10.02% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $14.28 a share over the next twelve months. The current relative strength index (RSI) reading is 60.21.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

 

Stocks Intraday Alert: Myriad Genetics, Inc. (MYGN), Brocade Communications Systems, Inc. (BRCD), Parsley Energy, Inc. (PE)

Myriad Genetics, Inc. (MYGN) managed to rebound with the stock climbing 6.19% or $0.99 to close the day at $16.98 on higher than average trading volume of 5.21M shares, compared to its three month average trading volume of 1.15M. The Salt Lake City Utah 84108 based company has been outperforming the research services companies by -2.3282% for last three months and its recent losses have trimmed gains to 1.86% YTD, versus the research services industry which is up 1.35% for the same period. The RSI of 56.62 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Myriad Genetics, Inc., a personalized medicine company, focuses on the development and marketing of predictive, personalized, and prognostic medicine tests worldwide. It operates through two segments, Diagnostics and Other. The Diagnostics segment primarily provides testing and collaborative development of testing that is designed to assess an individual’s risk for developing disease; identify a patient’s likelihood of responding to drug therapy; guide a patient’s dosing to ensure optimal treatment; and assess a patient’s risk of disease progression and disease recurrence. The Other segment provides testing products and services to the pharmaceutical, biotechnology, and medical research industries; and research and development, and clinical services for patients. Its molecular diagnostic DNA sequencing tests include myRisk Hereditary cancer, a test for hereditary cancers; BRACAnalysis and BART, which are tests for hereditary breast and ovarian cancers; BRACAnalysis CDx test for use in identifying ovarian cancer patients with suspected deleterious germline; and Tumor BRACAnalysis CDx test that is used to predict DNA damaging agents, such as platinum based chemotherapy agents and poly ADP ribose inhibitors. The company also provides COLARIS test for colorectal and uterine cancers; COLARIS AP test for colorectal cancer; Vectra DA protein detection test for assessing the disease activity of rheumatoid arthritis; Prolaris, a RNA expression test for prostate cancer; EndoPredict RNA expression test for breast cancer; myPath Melanoma RNA expression test for diagnosing melanoma; myChoice homologous recombination deficiency (HRD) test to measure three modes of HRD; and myPlan lung cancer, an RNA expression test for lung cancer. Myriad Genetics, Inc. has collaboration with AstraZeneca for the development of an indication for BRACAnalysis CDx. The company was founded in 1991 and is headquartered in Salt Lake City, Utah.

Brocade Communications Systems, Inc. (BRCD) had a light trading with around 5.12M shares changing hands compared to its three month average trading volume of 5.56M. The stock traded between $12.32 and $12.36 before closing at the price of $12.34 with 0.24% change on the day. The San Jose California 95134 based company is currently trading 66.26% above its 52 week low of $7.6 and -1.59% below its 52 week high of $12.54. Both the RSI indicator and target price of 36.3 and $12.36 respectively, lead us to believe that it should be put on hold over the coming weeks.

Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol (IP) networking solutions for businesses and organizations worldwide. It operates through three segments: SAN Products, IP Networking Products, and Global Services. The SAN Products segment offers infrastructure products and solutions, such as fiber channel SAN backbones, directors, and fabric/embedded switches that assist customers in the development and deployment of storage and server consolidation, disaster recovery, and data security, as well as to meet compliance requirements regarding data management; and FC fabric extension, analytics, switching, and routing solutions. The IP Networking Products segment provides Layer 2 and Layer 3 Ethernet switches and routers to connect users over private and public networks, including local area, metro, and within and across data centers. This segment also provides converged network products; a portfolio of related software and hardware-based data networking offerings; Layer 4-7 products that are designed for application traffic management and server load balancing; and a range of wireless products for the network edge. The Global Services segment offers break/fix maintenance, installation, consulting, network management and software maintenance, and customer support services. The company serves various enterprises and service providers, such as telecommunication firms, cable operators, and mobile carriers. The company markets and sells its products and services to end-user customers directly, as well as through various distribution partners, including original equipment manufacturers, distributors, systems integrators, and value-added resellers. Brocade Communications Systems, Inc. was founded in 1995 and is headquartered in San Jose, California.

Parsley Energy, Inc. (PE) traded within a range of $31.99 to $32.64 after opening the day at $32.2. The company has seen its stock decrease in value by -8.97% so far this year. The stock was down close to -0.71% on active volume in last trading session and closed at $32.08 per share. After the recent fall, the stock is currently holding -19.44% below its 52 week high of $39.82 and 107.91% above its 12-month low of $15.69. The shares are down by over -8.76% in the last three months, and the RSI indicator value of 30.58 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico. As of December 31, 2015, its acreage position consisted of 110,967 net acres, including 84,441 net acres in the Midland Basin and 26,526 net acres in the Delaware Basin; and estimated proved oil and natural gas reserves were 123.8 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

 

Traders Recap: Prospect Capital Corporation (PSEC), Biostage, Inc. (BSTG), Cara Therapeutics, Inc. (CARA)

Prospect Capital Corporation (PSEC) continued its upward trend with the stock climbing 0.99% or $0.09 to close the day at $9.19 on higher than average trading volume of 3.87M shares, compared to its three month average trading volume of 2.21M. The New York New York 10016 based company has been outperforming the asset management companies by 22.995% for last three months and its recent gains have pushed the stock slightly up 11.11% YTD, versus the asset management industry which is up 4.46% for the same period. The RSI of 75.11 indicates the stock is overbought at the current levels, sell for now.

Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, unitranche debt, first-lien and second lien, private debt, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $250 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. It fund also co-invests for larger deals. The fund seeks control acquisitions by providing multiple levels of the capital structure. The fund focuses on sole, agented, club, or syndicated deals.

Biostage, Inc. (BSTG) had a light trading with around 3.84M shares changing hands compared to its three month average trading volume of 333.95K. The stock traded between $0.305 and $0.3347 before closing at the price of $0.31 with 4.13% change on the day. The Holliston Massachusetts 01746 based company is currently trading 6.97% above its 52 week low of $0.2925 and -89.06% below its 52 week high of $2.8599. Both the RSI indicator and target price of 18.79 and $3 respectively, lead us to believe that it could rise over the coming weeks.

Biostage, Inc., a biotechnology company, engages in developing bioengineered organ implants based on its Cellframe technology. The company’s Cellframe technology combines a proprietary biocompatible scaffold with a patient’s own stem cells to create Cellspan organ implants. The company is developing bioengineered organ implants to treat cancers, infection, trauma, congenital abnormalities, and other life-threatening conditions of the esophagus, bronchus, and trachea. Its implants are being advanced and tested in a preclinical collaborative study with Mayo Clinic. The company was formerly known as Harvard Apparatus Regenerative Technology, Inc. and changed its name to Biostage, Inc. in March 2016. Biostage, Inc. was founded in 2007 and is headquartered in Holliston, Massachusetts.

Cara Therapeutics, Inc. (CARA) traded within a range of $13.32 to $14.75 after opening the day at $14.7. The company has seen its stock increase in value by 45.43% so far this year. The stock was down close to -9.02% on active volume in last trading session and closed at $13.51 per share. After the recent fall, the stock is currently holding -21.45% below its 52 week high of $17.2 and 217.14% above its 12-month low of $4.26. The shares are up by over 40.29% in the last three months, and the RSI indicator value of 49.16 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Cara Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing chemical entities designed to alleviate pain and pruritus by selectively targeting kappa opioid receptors in the United States. The company is developing product candidates that target the body’s peripheral nervous system. Its lead product candidate includes I.V. CR845, which is in Phase III clinical trials for the treatment acute postoperative pain in adult patients, as well as completed Phase II clinical trials for the treatment of uremic pruritus disease. The company is also developing Oral CR845, which is in Phase IIa clinical trials for the treatment of moderate-to-severe acute and chronic pain; and CR701, which is in preclinical trial stage for treating neuropathic and inflammatory pain. It has licensing agreements with Chong Kun Dang Pharmaceutical Corporation to develop, manufacture, and commercialize products containing CR845 in South Korea; and Maruishi Pharmaceutical Co., Ltd to develop, manufacture, and commercialize drug products containing CR845 for acute pain and uremic pruritus in Japan. Cara Therapeutics, Inc. was founded in 2004 and is headquartered in Shelton, Connecticut.