Peter Elliott

Stocks Under Consideration: Skechers U.S.A., Inc. (SKX), Ralph Lauren Corporation (RL), F.N.B. Corporation (FNB)

Skechers U.S.A., Inc. (SKX) retreated with the stock falling -3.3% or $-0.83 to close at $24.29 on active trading volume of 2.18M compared its three months average trading volume of 2.17M. The Manhattan Beach California 90266 based company operating under the Textile – Apparel Footwear & Accessories industry has been trending down for the last 52 weeks, with the shares price now -16.44% down for the period and down by -1.18% so far this year. With price target of $26.78 and a 29.13% rebound from 52-week low, Skechers U.S.A., Inc. has plenty of upside potential, making it a hold with a view buy.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand name worldwide. It operates through three segments: Domestic Wholesale Sales, International Wholesale Sales, and Retail Sales. The company offers casual footwear, including boots, shoes, and sandals for men, as well as oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, seasonal sandals and boots, and relaxed fit casuals for men and women; and casual fusion line for young men and women under the Skechers USA brand. It also provides footwear collection for men and women, including lightweight sport athletic lifestyle products, classic athletic-inspired styles, and sport sandals and boots under the Skechers Sport brand name; casual and sporty styles sneakers for females under the Skechers Active and Skechers Sport Active brand; and footwear for women and girls under the BOBS from Skechers name. In addition, the company offers casual, dress, and active styles, as well as casual sneakers for men under the Mark Nason name; technical footwear under the Skechers Performance brand; and boots, shoes, sneakers, and sandals for infants, toddlers, boys, and girls under the Skechers Kids name. Further, it provides men’s and women’s casuals, such as field boots, hikers, and athletic shoes under the Skechers Work brand. The company sells its products through approximately 1,545 company-owned and third-party retail stores; and department and specialty stores, as well as through its e-commerce Website in approximately 160 countries and territories. Skechers U.S.A., Inc. was founded in 1992 and is headquartered in Manhattan Beach, California.

Ralph Lauren Corporation (RL) had a active trading with around 2.17M shares changing hands compared to its three month average trading volume of 1.05M. The stock traded between $86.53 and $88.47 before closing at the price of $87.37 with -1.2% change on the day. The New York New York 10022 based company is currently trading 8.68% above its 52 week low of $82.15 and -22.94% below its 52 week high of $114. Both the RSI indicator and target price of  and $103.89 respectively, lead us to believe that it could rise over the coming weeks.

Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company operates in three segments: Wholesale, Retail, and Licensing. It offers apparel, including a range of men’s, women’s, and children’s clothing; accessories, which comprise footwear, eyewear, watches, fine jewelry, hats, belts, and leather goods, such as handbags and luggage; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, paints, tabletops, and giftware; and fragrances. The company sells apparel and accessories under the Ralph Lauren Collection, Purple Label, Black Label, Polo Ralph Lauren, Polo Sport, Double RL, RLX Ralph Lauren, Lauren Ralph Lauren, Ralph by Ralph Lauren, Polo and RLX Golf, Ralph Lauren Children, Denim & Supply Ralph Lauren, Chaps, Club Monaco, American Living, and other brand names; women’s fragrances under the Safari, Ralph Lauren Blue, Lauren, Romance, RALPH collection, and Big Pony collection brand names; and men’s fragrances under the Safari, Polo Sport, Polo Green, Polo Blue, Polo Blue Sport, Purple Label, Polo Black, Double Black, Big Pony collection, Polo Red collection, and Polo Supreme Oud brand names. Ralph Lauren Corporation sells its products to department stores, specialty stores, and golf and pro shops, as well as through its retail stores, concession-based shop-within-shops, and its e-commerce sites. The company also sells its apparel, home, and other products through licensing alliances. As of April 2, 2016, it operated 493 directly-operated freestanding stores and 583 concession-based shop-within-shops. Ralph Lauren Corporation was founded in 1967 and is based in New York, New York.

F.N.B. Corporation (FNB) saw its value decrease by -0.74% as the stock dropped $-0.11 to finish the day at a closing price of $14.83. The stock was lighter in trading and has fluctuated between $11.44-$16.43 per share for the past year. The shares, which traded within a range of $14.81 to $15.3 during the day, are up by 14.39% in the past three months and up by 26.12% over the past six months. It is currently trading -4.4% below its 20 day moving average and -4.81% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $16.93 a share over the next twelve months. The current relative strength index (RSI) reading is 37.51.The technical indicator lead us to believe there will be no major movement any time soon, hold.

F.N.B. Corporation, a financial holding company, provides a range of financial services to consumers, corporations, governments, and small- to medium-sized businesses primarily in Pennsylvania, eastern Ohio, and northern West Virginia. It operates through four segments: Community Banking, Wealth Management, Insurance, and Consumer Finance. The Community Banking segment offers various deposit products, such as commercial and individual demand, savings, and time deposit accounts; and commercial, mortgage, and individual installment loans. The Wealth Management segment provides a range of personal and corporate fiduciary services, including the administration of decedent and trust estates; investment products and services for customers through a networking relationship with a third-party licensed brokerage firm; and investment programs consisting of mutual funds, annuities, stocks, and bonds for individuals, corporations, and retirement funds, as well as community banking customers. The Insurance segment operates as a full-service insurance brokerage agency that offers commercial and personal insurance products through various carriers to businesses and individuals; acts as a reinsurer to underwrite credit life, and accident and health insurance products; and provides title insurance products. The Consumer Finance segment is primarily involved in making personal installment loans to individuals; and purchasing installment sales finance contracts from retail merchants. The company also offers mezzanine financing options for small-to medium-sized businesses; and new or used equipment commercial loans and leasing services. As of December 31, 2015, it had 288 community banking offices in Pennsylvania, Ohio, Maryland, and West Virginia; and 76 consumer finance offices in Pennsylvania, Ohio, Tennessee, and Kentucky. F.N.B. Corporation was founded in 1974 and is headquartered in Pittsburgh, Pennsylvania.

 

3 Notable Runners: Hertz Global Holdings, Inc. (HTZ), Dick’s Sporting Goods, Inc. (DKS), Allscripts Healthcare Solutions, Inc. (MDRX)

Hertz Global Holdings, Inc. (HTZ) managed to rebound with the stock climbing 0.29% or $0.06 to close the day at $21.03 on lower than average trading volume of 1.72M shares, compared to its three month average trading volume of 4.06M. The Estero Florida 33928 based company has been outperforming the rental & leasing services companies by -36.7794% for last three months and its recent losses have pulled the stock down -2.46% YTD, versus the rental & leasing services industry which is up 9.2% for the same period. The RSI of 40.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Hertz Global Holdings, Inc., an airport general use car rental company, engages in the car rental business in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East, and New Zealand. It operates the Hertz, Dollar, Thrifty, and Firefly car rental brands in approximately 9,980 corporate and licensee locations throughout approximately 150 countries. The company provides car rental for small and mid-sized businesses, meetings and conventions, associations/group programs, diversity programs, and government and military travelers. It offers airport general use car rental services serving approximately 1,635 airport locations in the U.S. and approximately 1,320 airport locations internationally. In addition, the company owns the vehicle leasing and fleet management business that operates the Hertz 24/7 hourly car rental business in international markets; and sells vehicles through its Rent2Buy program. Hertz Global Holdings, Inc. is based in Estero, Florida.

Dick’s Sporting Goods, Inc. (DKS) had a light trading with around 1.7M shares changing hands compared to its three month average trading volume of 2.24M. The stock traded between $50.28 and $52.21 before closing at the price of $51.2 with -0.78% change on the day. The Coraopolis Pennsylvania 15108 based company is currently trading 43.69% above its 52 week low of $36.06 and -18.47% below its 52 week high of $62.88. Both the RSI indicator and target price of 40.63 and $64.26 respectively, lead us to believe that it should be put on hold over the coming weeks.

Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories. The company also owns and operates Golf Galaxy, Field & Stream, Chelsea Collective, and True Runner specialty concept stores; and e-commerce Websites, such as DICKS.com, golfgalaxy.com, fieldandstreamshop.com, and caliastudio.com. As of November 14, 2016, it operated approximately 679 Dick’s Sporting Goods stores, 73 Golf Galaxy stores, and 19 Field & Stream stores. The company was formerly known as Dick’s Clothing and Sporting Goods, Inc. and changed its name to Dick’s Sporting Goods, Inc. in April 1999. Dick’s Sporting Goods, Inc. was founded in 1948 and is headquartered in Coraopolis, Pennsylvania.

Allscripts Healthcare Solutions, Inc. (MDRX) traded within a range of $11.52 to $11.85 after opening the day at $11.79. The company has seen its stock increase in value by 14.3% so far this year. The stock was down close to -0.34% on light volume in last trading session and closed at $11.67 per share. After the recent fall, the stock is currently holding -23.07% below its 52 week high of $15.17 and 19.08% above its 12-month low of $9.8. The shares are down by over -2.83% in the last three months, and the RSI indicator value of 58.67 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Allscripts Healthcare Solutions, Inc. provides information technology and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records, connectivity, hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions. The company’s Clinical and Financial Solutions segment provides integrated clinical software applications and financial and information solutions, which primarily include EHR-related, and financial and practice management software solutions, as well as related installation, support and maintenance, outsourcing, hosting, revenue cycle management, training, and electronic claims administration services. Its Population Health segment offers health management and coordinated care solutions that enable hospitals, health systems, accountable care organizations, and other care facilities to connect, transition, analyze, and coordinate care across the entire care community. The company serves physicians, hospitals, governments, health systems, health plans, life-sciences companies, retail clinics, retail pharmacies, pharmacy benefit managers, insurance companies, and employer wellness clinics, as well as post-acute organizations, such as home health and hospice agencies. It has a strategic partnership with Nant Health, LLC. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois.

 

Stocks Trend Analysis: Akorn, Inc. (AKRX), Infinera Corporation (INFN), Amyris, Inc. (AMRS)

Akorn, Inc. (AKRX) continued its upward trend with the stock climbing 1.83% or $0.35 to close the day at $19.45 on active trading volume of 2M shares, compared to its three month average trading volume of 1.79M. The Lake Forest Illinois 60045 based company has been underperforming the drugs – generic group over the past 52 weeks, with the stock losing -22.88%, compared to the industry which has dropped -9.93% over the same period. With RSI of 41.47, the stock should still continue to rise and get closer to its one year target estimate of $27.54, making it a hold for now.

Akorn, Inc., a specialty generic pharmaceutical company, develops, manufactures, and markets generic and branded prescription pharmaceuticals, as well as private-label over-the-counter (OTC) consumer health products and animal health pharmaceuticals in the United States and internationally. It operates in two segments, Prescription Pharmaceuticals and Consumer Health. The Prescription Pharmaceuticals segment markets generic and branded ophthalmics, injectables, oral liquids, otics, topicals, inhalants, and nasal sprays. This segment’s generic products include Atropine Sulfate Ophthalmic Solution; Clobetasol Propionate Ointment; Dehydrated Alcohol Injection; Ephedrine Sulfate Injection; Hydralazine Hydrochloride Injection; Lidocaine Ointment; Methylene Blue Injection; Myorisan Soft Gelatin Capsules; Nembutal Sodium Solution; and Progesterone Capsules. The Consumer Health segment markets branded and private label animal health products, as well as OTC products for the treatment of dry eye under the TheraTears brand name. This segment also markets other OTC consumer health products, including Mag-Ox, a magnesium supplement, as well as the Diabetic Tussin line of cough and cold products. Akorn, Inc. was founded in 1971 and is headquartered in Lake Forest, Illinois.

Infinera Corporation (INFN) retreated with the stock falling 0% or $0 to close at $9.01 on active trading volume of 2M compared its three months average trading volume of 1.59M. The Sunnyvale California 94089 based company operating under the Communication Equipment industry has been trending down for the last 52 weeks, with the shares price now -38.16% down for the period and up by 6.12% so far this year. With price target of $8.89 and a 24.62% rebound from 52-week low, Infinera Corporation has plenty of upside potential, making it a hold with a view buy.

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

Amyris, Inc. (AMRS) managed to rebound with the stock declining 0.02% or $0 to close the day at $0.53 on lower than average trading volume of 1.99M shares, compared to its three month average trading volume of 2.32M. The Emeryville California 94608 based company has been outperforming the specialty chemicals companies by -48.6942% for last three months and its recent losses have pulled the stock down -27.38% YTD, versus the specialty chemicals industry which is up 7.89% for the same period. The RSI of 23.65 indicates the stock is oversold at the current levels, buy for now.

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

 

Momentum Stocks: Cliffs Natural Resources Inc. (CLF), Fitbit, Inc. (FIT), Rennova Health, Inc. (RNVA)

Cliffs Natural Resources Inc. (CLF) grew with the stock adding 0.11% or $0.01 to close at $8.78 on light trading volume of 11.38M compared its three months average trading volume of 14.03M. The Cleveland Ohio 44114 based company operating under the Industrial Metals & Minerals industry has been trending up for the last 52 weeks, with the shares price now 462.82% up for the period and up by 4.4% so far this year. With price target of $8 and a 493.24% rebound from 52-week low, Cliffs Natural Resources Inc. has plenty of upside potential, making it a hold with a view buy.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. Cliffs Natural Resources Inc. sells its iron products to integrated steel companies and steel producers in the United States, China, Canada, and internationally. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Fitbit, Inc. (FIT) had a light trading with around 11.31M shares changing hands compared to its three month average trading volume of 12.86M. The stock traded between $5.81 and $6.01 before closing at the price of $5.94 with -1.16% change on the day. The San Francisco California 94105 based company is currently trading 0.68% above its 52 week low of $5.81 and -68.49% below its 52 week high of $18.85. Both the RSI indicator and target price of  and $10.53 respectively, lead us to believe that it could rise over the coming weeks.

Fitbit, Inc. provides wearable health and fitness tracking devices. It offers various products, including Fitbit Zip, an entry-level wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, an activity and sleep wristband, which tracks steps, distance, calories burned, active minutes, floors climbed, and sleep. The company also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the user’s phone and SmartTrack automatic exercise recognition; and Fitbit Charge HR, a wireless heart rate and activity wristband. In addition, it offers Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and provides run cues; Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch; Aria, a Wi-Fi connected scale that tracks weight, body fat percentage, and body mass index; and Fitbit accessories that include bands and frames for Fitbit Blaze, bands for Fitbit Alta, colored bands for Fitbit Flex, colored clips for Fitbit One and Fitbit Zip, device charging cables, wireless sync dongles, band clasps, sleep bands, and Fitbit apparel. The company offers its products through consumer electronics and specialty retailers, e-Commerce retailers, sporting goods and outdoors retailers, and wireless carriers; and corporate wellness channels, as well as directly worldwide. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Rennova Health, Inc. (RNVA) saw its value decrease by 0% as the stock dropped $0 to finish the day at a closing price of $0.07. The stock was higher in trading and has fluctuated between $0.06-$1.16 per share for the past year. The shares, which traded within a range of $0.06 to $0.07 during the day, are down by -50% in the past three months and down by -75.86% over the past six months. It is currently trading -19.79% below its 20 day moving average and -28.65% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $18.5 a share over the next twelve months. The current relative strength index (RSI) reading is 40.4.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Rennova Health, Inc. provides diagnostics and supportive software solutions to healthcare providers in the United States. It offers products and services, including laboratory diagnostics, healthcare technology solutions, and revenue cycle management solutions, as well as intends to provide financial services in the form of loans to physician practices. The company provides toxicology, clinical pharmacogenetics, and esoteric testing services; develops Web-based system to place lab orders, track samples, and view test reports in real time; Web-enabled laboratory information management solutions; Medical Mime, which offers an electronic health record for substance abuse and behavioral health providers; and CollabRx that enhances cancer diagnoses and treatment through actionable data analytics and reporting for oncologists and their patients. Rennova Health, Inc. was founded in 2005 and is headquartered in West Palm Beach, Florida.

 

Stocks Buzz: PPL Corporation (PPL), Synchrony Financial (SYF), Eastman Chemical Company (EMN)

PPL Corporation (PPL) continued its upward trend with the stock climbing 1.34% or $0.46 to close the day at $34.84 on active trading volume of 5.2M shares, compared to its three month average trading volume of 3.93M. The Allentown Pennsylvania 18101 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 1.22%, compared to the industry which has advanced 8.85% over the same period. With RSI of 61.02, the stock should still continue to rise and get closer to its one year target estimate of $36.53, making it a hold for now.

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

Synchrony Financial (SYF) retreated with the stock falling -1.78% or $-0.65 to close at $35.82 on light trading volume of 5.99M compared its three months average trading volume of 6.79M. The Stamford Connecticut 06902 based company operating under the Credit Services industry has been trending up for the last 52 weeks, with the shares price now 26.99% up for the period and down by -1.24% so far this year. With price target of $42.9 and a 55.5% rebound from 52-week low, Synchrony Financial has plenty of upside potential, making it a hold with a view buy.

Synchrony Financial operates as a consumer financial services company in the United States. The company offers private label credit cards, dual cards, and small and medium-sized business credit products; and promotional financing for consumer purchases, such as private label credit cards and installment loans. It also provides promotional financing to consumers for elective healthcare procedures or services, such as dental, veterinary, cosmetic, vision, and audiology; debt cancellation products; and deposit products, including certificates of deposit, individual retirement, money market, and savings accounts, as well as accepts deposits through third-party securities brokerage firms. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposit products through multiple channels, including online, print, and radio advertising. Synchrony Financial was incorporated in 2003 and is headquartered in Stamford, Connecticut. Synchrony Financial operates independently of GE Consumer Finance, Inc. as of November 17, 2015.

Eastman Chemical Company (EMN) continued its downward trend with the stock declining -0.15% or $-0.12 to close the day at $77.5 on higher than average trading volume of 1.63M shares, compared to its three month average trading volume of 1.41M. The Kingsport Tennessee 37660 based company has been outperforming the chemicals – major diversified companies by 8.2649% for last three months and its recent gains have pushed the stock slightly up 3.04% YTD, versus the chemicals – major diversified industry which is up 2.95% for the same period. The RSI of 51.7 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Eastman Chemical Company, a specialty chemical company, manufactures and sells materials, chemicals, and fibers in the United States and internationally. The company’s Additives & Functional Products segment offers solvents, including specialty coalescents, ketones and esters, glycol ethers, and alcohol solvents; cellulose and polyester-based specialty polymers, and paint additives; insoluble sulfur products; antidegradants; hydrocarbon resins; specialty intermediates, performance products, and formic acid; and alkylamine derivatives. This segment’s products are used in the coatings, tires, consumables, animal nutrition, crop protection, and energy markets. Its Adhesives & Plasticizers segment manufactures adhesives resins and plasticizers used in the consumables, building and construction, health and wellness, industrial chemicals and processing, and durable goods markets. The company’ Advanced Materials segment provides specialty copolyesters, cellulose esters, polyvinyl butyral, and window film products for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness products. Its Fibers segment offers Estron acetate tow and Estrobond triacetin plasticizers for manufacturing cigarette filters; Estron natural and Chromspun solution dyed acetate yarns for use in apparel, home furnishings, and industrial fabrics; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers, as well as acetyl chemical products. The company’s Specialty Fluids & Intermediates segment provides specialty fluids, acetyl chemical intermediates, olefin derivatives, and alkylamines used in industrial chemicals and processing, building and construction, health and wellness, and agrochemicals markets. The company also offers aviation turbine engine oil; wet-laid nonwovens; and specialty films. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

 

Stock’s Trend Analysis Report: Ameriprise Financial, Inc. (AMP), Textron Inc. (TXT), State Street Corporation (STT)

Ameriprise Financial, Inc. (AMP) fell -0.7% during last trading as the stock lost $-0.79 to finish the day at $112.27 with about 1.16M shares changing hands, compared to its three month average trading volume of 1.2M. The $17.74B market cap company, which fluctuated between $110.97 and $113.18 during the day, currently situated 51.4% above its 52 week low of $76 and -5.91% away from its one year high of $119.32. The RSI of 45.34 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. The company’s Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. Its Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force. This segment’s products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property funds. The company’s Annuities segment provides variable and fixed annuity products to individual clients through affiliated and unaffiliated advisors, and financial institutions. Its Protection segment offers various products to address the protection and risk management needs of retail clients, including life, disability income, and property casualty insurance through advisors and affinity relationships. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

Textron Inc. (TXT) dropped $-0.08 to close the day at a new closing price of $47.37, a -0.17% decrease in value from its previous closing price that moved the stock 54.66% above its 52 week low of $30.68. A total of 1.75M shares exchanged hands during the day compared with its three month average trading volume of 1.83M. The stock, which fluctuated between $46.63 and $47.45 during the day, currently situated -6.99% below its 52 week high. The stock is down by -2.49% in the past one month and up by 19.04% over the past three months. With a one year target estimate of $52.5 and RSI of 43.3, the stock still has upside potential, making it a hold for now.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures and sells business jets, turboprop aircraft, piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as provides maintenance, inspection, and repair services. The Bell segment provides military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. The Textron Systems segment produces unmanned aircraft systems; smart weapons, airborne and ground-based sensors and surveillance systems, and protection systems; armored vehicles, turrets, and related subsystems, as well as marine craft; test equipment and electronic warfare test, and training solutions; piston aircraft engines; and intelligence software solutions. This segment also designs, develops, manufactures, installs, and maintains full flight simulators, as well as offers training services. The Industrial segment offers blow-molded plastic fuel systems, windshield and headlamp washer systems, catalytic reduction systems, and engine camshafts, as well as plastic bottles and containers; golf cars, off-road utility and light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles; and powered equipment, electrical test and measurement instruments, mechanical and hydraulic tools, cable connectors, fiber optic assemblies, underground and aerial transmission and distribution products, and power utility products used in the construction, maintenance, telecommunications, data communications, electrical, utility, and plumbing industries. The Finance segment provides financing to purchase new and pre-owned aircrafts and helicopters. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.

State Street Corporation (STT) had a active trading with around 2.48M shares changing hands compared to its three month average trading volume of 2.28M. The stock traded between $75.56 and $76.42 before closing at the price of $76.2 with 0% change on the day. The Boston Massachusetts 02111 based company is currently trading 53.16% above its 52 week low of $50.6 and -8.73% below its 52 week high of $83.49. Both the RSI indicator and target price of 38.89 and $85.91 respectively, lead us to believe that it should be put on hold over the coming weeks.

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product- and participant-level accounting; daily pricing and administration; master trust and master custody; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; and performance, risk, and compliance analytics. It also provides investment management services, such as investment management, investment research, and investment advisory services to corporations, public funds, and other sophisticated investors, as well as offers active and passive asset management strategies across equity, fixed-income, and cash asset classes. The company offers its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

 

Stocks In Queue: Host Hotels & Resorts, Inc. (HST), Aetna Inc. (AET), Juniper Networks, Inc. (JNPR)

Host Hotels & Resorts, Inc. (HST) climbed 0.72% during last trading as the stock added $0.13 to finish the day at $18.07 with about 17.11M shares changing hands, compared to its three month average trading volume of 10.92M. The $13.37B market cap company, which fluctuated between $17.81 and $18.19 during the day, currently situated 46.64% above its 52 week low of $12.98 and -7.24% away from its one year high of $19.51. The RSI of 46.03 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Aetna Inc. (AET) gained $1.9 to close the day at a new closing price of $118.61, a 1.63% increase in value from its previous closing price that moved the stock 29.46% above its 52 week low of $92.42. A total of 5.51M shares exchanged hands during the day compared with its three month average trading volume of 3.18M. The stock, which fluctuated between $116.37 and $119.93 during the day, currently situated -12.93% below its 52 week high. The stock is down by -4.5% in the past one month and up by 10.67% over the past three months. With a one year target estimate of $140.6 and RSI of 38.23, the stock still has upside potential, 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.

Juniper Networks, Inc. (JNPR) had a active trading with around 6.01M shares changing hands compared to its three month average trading volume of 4.1M. The stock traded between $26.35 and $26.79 before closing at the price of $26.78 with 1.25% change on the day. The Sunnyvale California 94089 based company is currently trading 27.47% above its 52 week low of $21.17 and -8.32% below its 52 week high of $29.21. Both the RSI indicator and target price of 38.36 and $28.81 respectively, lead us to believe that it should be put on hold over the coming weeks.

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. It offers various routing products, including ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; T series routers; and NorthStar controllers. The company also provides various switching products comprising EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch. In addition, it offers security products, such as SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series and SRX1500, which provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; Spotlight Secure Threat Intelligence Platform, a threat intelligence platform that aggregates threat feeds from various sources; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, the company offers Junos OS, a network operating system; Junos Space, a network management platform for creating network management applications that include network director, services activation director, security director, edge services director, service now, and service insight; and Contrail networking and cloud platform solutions. Additionally, it provides technical support and professional services, as well as education and training programs. The company sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the service provider and enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

 

Stocks in Review: Fidelity National Financial, Inc. (FNF), Hormel Foods Corporation (HRL), The J. M. Smucker Company (SJM)

Fidelity National Financial, Inc. (FNF) traded within a range of $34.66 to $35.37 after opening the day at $34.83. The company has seen its stock increase in value by 4.12% so far this year. The stock was up close to 1.64% on light volume in last trading session and closed at $35.36 per share. After the recent gain, the stock is currently holding -6.95% below its 52 week high of $38.5 and 28.47% above its 12-month low of $28.24. The shares are up by over 0.32% in the last three months, and the RSI indicator value of 72.77 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Fidelity National Financial, Inc., together with its subsidiaries, provides title insurance, and technology and transaction services to the real estate and mortgage industries in the United States. Its Title segment offers title insurance, escrow, and other title related services, including collection and trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty insurance. The company’s Black Knight segment provides technology solutions, such as mortgage processing and workflow management software applications, and origination and default technology; and data and analytics services, including alternative valuation services, real estate and mortgage data, modeling and forecasting, and analytical tools that facilitate and automate various business processes in the life cycle of a mortgage. Its Restaurant Group segment owns, operates, and franchises restaurants comprising O’Charley’s, Ninety Nine Restaurants, Village Inn, Bakers Square, and Legendary Baking concepts, as well as J. Alexander’s. The company also offers information used by title insurance underwriters, title agents, and closing attorneys to underwrite title insurance policies for real property sales and transfer; and offers home inspection and commercial inspection services. Fidelity National Financial, Inc. was founded in 1847 and is headquartered in Jacksonville, Florida.

Hormel Foods Corporation (HRL) continued its upward trend with the stock climbing 0.08% or $0.03 to close the day at $36.3 on active trading volume of 3.59M shares, compared to its three month average trading volume of 2.78M. The Austin Minnesota 55912 based company has been underperforming the meat products group over the past 52 weeks, with the stock losing -10.03%, compared to the industry which has advanced 5.5% over the same period. With RSI of 59.36, the stock should still continue to rise and get closer to its one year target estimate of $39.73, making it a hold for now.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

The J. M. Smucker Company (SJM) gained $1.73 to close the day at a new closing price of $135.85, a 1.29% increase in value from its previous closing price that moved the stock 13.31% above its 52 week low of $121.79. A total of 1.59M shares exchanged hands during the day compared with its three month average trading volume of 831.51K. The stock, which fluctuated between $133.77 and $135.91 during the day, currently situated -12.72% below its 52 week high. The stock is up by 5.19% in the past one month and up by 3.57% over the past three months. With a one year target estimate of $138.85 and RSI of 69.35, the stock still has upside potential, making it a hold for now.

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

 

Trader Alert: CBRE Group, Inc. (CBG), Union Pacific Corporation (UNP), CarMax Inc. (KMX)

CBRE Group, Inc. (CBG) grew with the stock adding 0.9% or $0.27 to close at $30.36 on light trading volume of 1.46M compared its three months average trading volume of 2.37M. The Los Angeles California 90071 based company operating under the Property Management industry has been trending up for the last 52 weeks, with the shares price now 10.28% up for the period and down by -3.59% so far this year. With price target of $34.14 and a 33.51% rebound from 52-week low, CBRE Group, Inc. has plenty of upside potential, making it a hold with a view buy.

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services segments. The company offers advisory services, such as strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing, disposition, and acquisition of property; integrated investment sales and debt/structured financing services under the CBRE Capital Markets brand; and valuation services, including market value appraisals, litigation support, discounted cash flow analyses, feasibility and fairness opinions, property condition reports, hotel advisory, and environmental consulting, as well as originates and services commercial mortgage loans. It also provides outsourcing services comprising facilities management, project management, advisory and transaction, and strategic consulting services to occupiers of real estate; and property management services consisting of construction management, marketing, building engineering, accounting, and financial services for owners/investors in office, industrial, and retail properties. In addition, the company offers investment management services to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors seeking to generate returns and diversification through investment in real estate. Further, the company develops and invests in commercial real estate, including industrial, office, and retail properties; healthcare facilities; and residential/mixed-use projects. CBRE Group, Inc. offers its commercial real estate services under the CBRE brand name; investment management services under the CBRE Global Investors brand name; and development services under the Trammell Crow brand name. The company was founded in 1906 and is headquartered in Los Angeles, California.

Union Pacific Corporation (UNP) dropped $-1.42 to close the day at a new closing price of $106.58, a -1.31% decrease in value from its previous closing price that moved the stock 55.38% above its 52 week low of $70.54. A total of 4.53M shares exchanged hands during the day compared with its three month average trading volume of 4.1M. The stock, which fluctuated between $106.22 and $108.58 during the day, currently situated -4.31% below its 52 week high. The stock is up by 2.07% in the past one month and up by 21.33% over the past three months. With a one year target estimate of $112.25 and RSI of 52.92, the stock still has upside potential, making it a hold for now.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers freight transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. The company also provides transportation services for coal and petroleum coke; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export containers and trailers. Union Pacific Corporation’s rail network includes 32,084 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and eastern United States gateways. The company was founded in 1862 and is headquartered in Omaha, Nebraska.

CarMax Inc. (KMX) shares were down in last trading by -0.27% to $66.71. It experienced higher than average volume on day. The stock decreased in value by almost -2.2% over the past week and grew 4.4% in the past month. It is currently trading 5.81% above its 50 day moving average and 19.16% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -3.12% decrease in value from its one year high of $68.86. The RSI indicator value of 57.72, lead us to believe that it is a hold for now.

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to customers at the time of sale. The company also offers reconditioning and vehicle repair services; and provides financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with other financial institutions. In addition, it sells new vehicles under franchise agreements. As of December 20, 2016, the company operated 169 used car stores in 39 states. The company was founded in 1993 and is based in Richmond, Virginia.

 

Traders Watch list: Rockwell Automation Inc. (ROK), Xilinx, Inc. (XLNX), Maxim Integrated Products, Inc. (MXIM)

Rockwell Automation Inc. (ROK) saw its value decrease by -0.88% as the stock dropped $-1.32 to finish the day at a closing price of $147.99. The stock was higher in trading and has fluctuated between $91.65-$155.44 per share for the past year. The shares, which traded within a range of $147.42 to $149.64 during the day, are up by 25.33% in the past three months and up by 31.44% over the past six months. It is currently trading 4.31% above its 20 day moving average and 7.47% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $144.16 a share over the next twelve months. The current relative strength index (RSI) reading is 64.13.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.

Xilinx, Inc. (XLNX) shares were down in last trading by -1.52% to $58.2. It experienced higher than average volume on day. The stock decreased in value by almost -1.22% over the past week and fell -4.18% in the past month. It is currently trading 1.81% above its 50 day moving average and 14.49% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -6.49% decrease in value from its one year high of $62.24. The RSI indicator value of 50.69, lead us to believe that it is a hold for now.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP). The company also offers development boards; development kits, including hardware, design tools, IP, and reference designs that are designed to streamline and accelerate the development of domain-specific and market-specific applications; and configuration products, such as one-time programmable and in-system programmable storage devices to configure field programmable gate arrays. In addition, it provides design services, customer training, field engineering, and technical support. The company offers its products to electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement. Xilinx, Inc. sells its products through a network of independent distributors; and through direct sales to original equipment manufacturers and electronic manufacturing service providers by a network of independent sales representative firms and by a direct sales management organization. The company was founded in 1984 and is headquartered in San Jose, California.

Maxim Integrated Products, Inc. (MXIM) traded within a range of $44.23 to $44.86 after opening the day at $44.86. The company has seen its stock increase in value by 15.32% so far this year. The stock was down close to -1.18% on active volume in last trading session and closed at $44.48 per share. After the recent fall, the stock is currently holding -1.75% below its 52 week high of $45.27 and 51.82% above its 12-month low of $30.31. The shares are up by over 13.75% in the last three months, and the RSI indicator value of 70.8 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits in the United States, China, other countries in Asia, Europe, and internationally. It also provides a range of high-frequency process technologies and capabilities for use in custom designs. The company serves automotive, communications and data center, computing, consumer, and industrial markets. It markets its products through a direct-sales and applications organization, as well as through its own and other unaffiliated distribution channels. Maxim Integrated Products, Inc. was founded in 1983 and is headquartered in San Jose, California.