Peter Elliott

3 Stocks in Focus: Air Products and Chemicals, Inc. (APD), 3M Company (MMM), Walgreens Boots Alliance, Inc. (WBA)

Air Products and Chemicals, Inc. (APD) climbed 1.16% during last trading as the stock added $1.63 to finish the day at $142.13 with about 2M shares changing hands, compared to its three month average trading volume of 1.39M. The $30.94B market cap company, which fluctuated between $139.75 and $142.26 during the day, currently situated 24.59% above its 52 week low of $116.91 and -4.97% away from its one year high of $150.45. The RSI of 48.58 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, argon, and rare gases; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including metals, glass, chemical processing, electronics, energy production and refining, food processing, metallurgical, medical, and general manufacturing. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.

3M Company (MMM) gained $0.58 to close the day at a new closing price of $181.6, a 0.32% increase in value from its previous closing price that moved the stock 20.49% above its 52 week low of $150.91. A total of 2.04M shares exchanged hands during the day compared with its three month average trading volume of 1.88M. The stock, which fluctuated between $180.65 and $182 during the day, currently situated 0.12% above its 52 week high. The stock is up by 2.37% in the past one month and up by 4.39% over the past three months. With a one year target estimate of $187.73 and RSI of 69.89, the stock still has upside potential, making it a hold for now.

3M Company operates as a diversified technology company worldwide. The company’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; advanced ceramics; sealants; specialty materials; separation and purification products; closure systems for personal hygiene products; acoustic systems products; automotive components; and abrasion-resistant films, and paint finishing and detailing products. Its Safety and Graphics Business segment provides personal protection products, traffic safety and security products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules for asphalt shingles, and fall protection products. The company’s Health Care segment offers medical and surgical supplies, skin health and infection prevention products, inhalation and transdermal drug delivery systems, dental and orthodontic products, health information systems, and food safety products. Its Electronics and Energy segment provides optical films; packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The company’s Consumer segment offers sponges, scouring pads, high-performance cloths, repositionable notes, indexing systems, home improvement and care products, protective materials, and consumer and office tapes and adhesives. The company serves automotive, electronics and energy, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets directly, as well as through wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.

Walgreens Boots Alliance, Inc. (WBA) had a light trading with around 2.82M shares changing hands compared to its three month average trading volume of 3.95M. The stock traded between $83.06 and $83.88 before closing at the price of $83.79 with 0.43% change on the day. The Deerfield Illinois 60015 based company is currently trading 12.35% above its 52 week low of $75.74 and -4.35% below its 52 week high of $88. Both the RSI indicator and target price of 61.38 and $94.55 respectively, lead us to believe that it should be put on hold over the coming weeks.

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics. It also provides specialty pharmacy services; and manages in-store clinics. As of August 31, 2016, this segment operated 8,175 retail stores under the Walgreens and Duane Reade brands in the United States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations. The Retail Pharmacy International segment sells prescription drugs; and health, beauty, toiletry, and other consumer products through its pharmacy-led health and beauty stores, as well as through boots.com. It is also involved in optical practice and related contract manufacturing operations. This segment operated 4,673 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 636 optical practices. The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home healthcare supplies and equipment, as well as provides related services to pharmacies and other healthcare providers. This segment operates in France, the United Kingdom, Germany, Turkey, Spain, the Netherlands, Egypt, Norway, Romania, the Czech Republic, and Lithuania. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

 

Worth Watching Stocks: The Walt Disney Company (DIS), Eversource Energy (ES), Honeywell International Inc. (HON)

The Walt Disney Company (DIS) saw its value increase by 0.62% as the stock gained $0.68 to finish the day at a closing price of $110.33. The stock was lighter in trading and has fluctuated between $89.61-$111.99 per share for the past year. The shares, which traded within a range of $109.53 to $110.33 during the day, are up by 13.82% in the past three months and up by 14.5% over the past six months. It is currently trading 1.16% above its 20 day moving average and 3.64% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $115.71 a share over the next twelve months. The current relative strength index (RSI) reading is 61.76.The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company’s Media Networks segment operates cable programming services, including the ESPN, Disney channels, and Freeform networks; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio Network; and the Radio Disney network. It also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats, such as DVD, Blu-Ray, and iTunes. Its Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida and the Disneyland Resort in California. This segment also operates Disney Resort & Spa in Hawaii, Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and manages Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, as well as licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort in Japan. The company’s Studio Entertainment segment produces and acquires live-action and animated motion pictures for distribution in the theatrical, home entertainment, and television markets primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm, and Touchstone banners. This segment also produces stage plays and musical recordings; licenses and produces live entertainment events; and provides visual and audio effects, and other post-production services. Its Consumer Products & Interactive Media segment licenses its trade names, characters, and visual and literary properties; develops and publishes games for mobile platforms; and sells its products through The Disney Store, DisneyStore.com, and MarvelStore.com, as well as directly to retailers. The company was founded in 1923 and is based in Burbank, California.

Eversource Energy (ES) shares were down in last trading by -0.96% to $55.95. It experienced lighter than average volume on day. The stock increased in value by almost 0.3% over the past week and grew 1.45% in the past month. It is currently trading 2.42% above its 50 day moving average and 2.25% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.89% decrease in value from its one year high of $60.44. The RSI indicator value of 57.85, lead us to believe that it is a hold for now.

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates in three segments: Electric Distribution, Electric Transmission, and Natural Gas Distribution. It is involved in the generation, transmission, and distribution of electricity; and distribution of natural gas. The company serves residential, commercial, and industrial customers in Connecticut, Massachusetts, and New Hampshire, the United States. It provides energy delivery services to approximately 3.6 million electric and natural gas customers. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy was founded in 1927 and is based in Springfield, Massachusetts.

Honeywell International Inc. (HON) traded within a range of $123.14 to $123.96 after opening the day at $123.5. The company has seen its stock increase in value by 6.71% so far this year. The stock was down close to 0% on light volume in last trading session and closed at $123.62 per share. After the recent fall, the stock is currently holding -0.15% below its 52 week high of $123.96 and 24.09% above its 12-month low of $100.71. The shares are up by over 9.8% in the last three months, and the RSI indicator value of 80.42 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors, as well as spare parts, and repair and maintenance services for the aftermarket. This segment also provides auxiliary power units; propulsion engines; environmental control, connectivity, electric power, flight safety, communication, navigation, radar, surveillance, and thermal systems; engine controls; aircraft lighting products, as well as wheels and brakes; advanced systems and instruments; and turbochargers, as well as management, technical, logistics, repair, and overhaul services to original equipment manufacturers in the air transport, regional, business, and general aviation aircraft; and automotive and truck manufacturers. The company’s Home and Building Technologies segment offers environmental and energy, security and fire, and building solutions. Its Safety and Productivity Solutions segment provides sensing and productivity Solutions, and industrial safety products. Its Performance Materials and Technologies segment provides catalysts and adsorbents; equipment and consulting services for the petroleum refining, gas processing, petrochemical, and other industries; and automation control, instrumentation, software, and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, metals, minerals, and mining industries. It also offers fluorocarbons, hydrofluoroolefins, caprolactam, resins, ammonium sulfate fertilizers, phenol, specialty films, waxes, additives, fibers, research chemicals and intermediates, and electronic materials and chemicals. The company was founded in 1920 and is based in Morris Plains, New Jersey.

 

Stocks To Track: Avon Products, Inc. (AVP), Graphic Packaging Holding Company (GPK), InterCloud Systems, Inc. (ICLD)

Avon Products, Inc. (AVP) climbed 2.6% during last trading as the stock added $0.15 to finish the day at $5.93 with about 7.49M shares changing hands, compared to its three month average trading volume of 4.93M. The $2.59B market cap company, which fluctuated between $5.7 and $6.03 during the day, currently situated 127.2% above its 52 week low of $2.75 and -14.8% away from its one year high of $6.96. The RSI of 59.7 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, which consists of skincare products, including personal care products, as well as fragrances and color cosmetics; and fashion and home products consisting of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products. The company markets its products through direct selling by representatives. Avon Products, Inc. was founded in 1886 and is headquartered in New York, New York.

Graphic Packaging Holding Company (GPK) dropped $-0.09 to close the day at a new closing price of $12.96, a -0.69% decrease in value from its previous closing price that moved the stock 19.31% above its 52 week low of $11.05. A total of 7.49M shares exchanged hands during the day compared with its three month average trading volume of 4.55M. The stock, which fluctuated between $12.86 and $13.12 during the day, currently situated -11.01% below its 52 week high. The stock is up by 0.08% in the past one month and up by 2.72% over the past three months. With a one year target estimate of $15.17 and RSI of 53.94, the stock still has upside potential, making it a hold for now.

Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK) and coated recycled paperboard (CRB) to various paperboard packaging converters and brokers; and paperboard folding cartons primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets. It also manufactures corrugated medium; offers various laminated, coated, and printed packaging structures that are produced from its CUK and CRB, as well as other grades of paperboard that are purchased from third-party suppliers; designs and manufactures specialized packaging machines that package bottles and cans, and non-beverage consumer products; and installs its packaging machines at customer plants and provides support, service, and performance monitoring of the machines. The company markets its products primarily through sales offices and broker arrangements with third parties in the Americas, Europe, and the Asia Pacific. Graphic Packaging Holding Company was founded in 1992 and is headquartered in Atlanta, Georgia.

InterCloud Systems, Inc. (ICLD) had a active trading with around 7.41M shares changing hands compared to its three month average trading volume of 7.06M. The stock traded between $0.0178 and $0.021 before closing at the price of $0.02 with 2.11% change on the day. The Shrewsbury New Jersey 07702 based company is currently trading 21.25% above its 52 week low of $0.016 and -81.26% below its 52 week high of $1.15. Both the RSI indicator and target price of 41.34 and $6 respectively, lead us to believe that it should be put on hold over the coming weeks.

InterCloud Systems, Inc. provides end-to-end IT and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the United States and internationally. It operates through four segments: Applications and Infrastructure, Professional Services, Managed Services, and Cloud Services. The company offers various services, including platform as a service, infrastructure as a service, database as a service, and software as a service; and network management, 24x7x365 monitoring, security monitoring, and storage and backup services. It also provides software-defined networking (SDN) training, SDN software development and integration, virtualized network functions validation in a multi-vendor environment, unified communications, interactive voice response, and session initiation protocol based call centers, as well as structured cabling and other field installations. In addition, the company designs, engineers, installs, and maintains various types of Wi-Fi and wide-area, distributed antenna system, and small cell distribution networks for incumbent local exchange carriers, telecommunications original equipment manufacturers (OEMs), cable broadband multiple system operators, and enterprise customers, as well as designs, installs, and maintains hardware solutions for the OEMs that support voice, data, and optical networks. Further, it provides consulting and professional staffing solutions to the service-provider and enterprise market in support of IT and next-generation networks comprising project management, network implementation, network installation, network upgrades, rebuilds, maintenance, and consulting services. Additionally, the company’s engineering, design, installation, and maintenance services support the build-out and operation of enterprise, fiber optic, Ethernet, and wireless networks. InterCloud Systems, Inc. was founded in 2006 and is based in Shrewsbury, New Jersey.

 

Investor’s Watch List: Callon Petroleum Company (CPE), Yelp Inc. (YELP), Whole Foods Market, Inc. (WFM)

Callon Petroleum Company (CPE) had a active trading with around 6.17M shares changing hands compared to its three month average trading volume of 5.1M. The stock traded between $14.02 and $14.69 before closing at the price of $14.67 with 3.16% change on the day. The Natchez Mississippi 39120 based company is currently trading 157.37% above its 52 week low of $5.7 and -20.83% below its 52 week high of $18.53. Both the RSI indicator and target price of 42.42 and $20.04 respectively, lead us to believe that it should be put on hold over the coming weeks.

Callon Petroleum Company, an independent oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2015, the company estimated net proved reserves totaled 54.3 million barrel of oil equivalent. Callon Petroleum Company was founded in 1950 and is headquartered in Natchez, Mississippi.

Yelp Inc. (YELP) continued its downward trend with the stock declining -0.81% or $-0.29 to close the day at $35.54 on active trading volume of 6.01M shares, compared to its three month average trading volume of 2.02M. The San Francisco California 94105 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 128.41%, compared to the industry which has advanced 23.83% over the same period. With RSI of 26.6, the stock should still continue to rise and get closer to its one year target estimate of $41.56, making it a hold for now.

Yelp Inc. operates a platform that connects people with local businesses primarily in the United States. Its platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides free and paid business listing services to businesses of various sizes, as well as enables businesses to deliver targeted search advertising to large local audiences through its Website and mobile app. It also provides other services, including Yelp platform, which allows consumers to transact directly on Yelp; Yelp deals that allow local business owners to create promotional discounted deals for their products and services; and gift certificates products for local business owners to sell full-price gift certificates directly to customers. The company’s Yelp platform enables consumers to complete food delivery transactions, book spa and salon appointments, order flowers, make winery reservations, and others. It also serves customers in Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, the Czech Republic, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Mexico, the Netherlands, New Zealand, Norway, the Philippines Poland, Portugal, Singapore, Spain, Sweden, Switzerland, Turkey, and the United Kingdom. The company was founded in 2004 and is headquartered in San Francisco, California.

Whole Foods Market, Inc. (WFM) shares were down in last trading by -1.02% to $30.03. It experienced higher than average volume on day. The stock increased in value by almost 2.56% over the past week and fell -1.61% in the past month. It is currently trading -2.4% below its 50 day moving average and -1.31% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -14.44% decrease in value from its one year high of $35.58. The RSI indicator value of 47.23, lead us to believe that it is a hold for now.

Whole Foods Market, Inc. operates natural and organic foods supermarkets. Its stores offers produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods. As of November 2, 2016, the company operated 464 stores in the United States, Canada, and the United Kingdom. Whole Foods Market, Inc. was founded in 1978 and is headquartered in Austin, Texas.

 

Momentum Stocks in Focus: NRG Energy, Inc. (NRG), PharmAthene, Inc. (PIP), Coeur Mining, Inc. (CDE)

NRG Energy, Inc. (NRG) continued its upward trend with the stock climbing 0.54% or $0.09 to close the day at $16.75 on light trading volume of 5.71M shares, compared to its three month average trading volume of 6.5M. The Princeton New Jersey 08540 based company has been outperforming the diversified utilities group over the past 52 weeks, with the stock gaining 76.4%, compared to the industry which has advanced 20.68% over the same period. With RSI of 67.87, the stock should still continue to rise and get closer to its one year target estimate of $17.61, making it a hold for now.

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

PharmAthene, Inc. (PIP) retreated with the stock falling 0% or $0 to close at $1.13 on active trading volume of 5.57M compared its three months average trading volume of 3.77M. The Annapolis Maryland 21401 based company operating under the Biotechnology industry has been trending down for the last 52 weeks, with the shares price now -28.48% down for the period and down by -65.23% so far this year. With price target of $6 and a 140.43% rebound from 52-week low, PharmAthene, Inc. has plenty of upside potential, making it a hold with a view buy.

PharmAthene, Inc., a biodefense company, develops and commercializes medical counter measures against biological and chemical threats in the United States. The company focuses on developing lyophilized anthrax vaccines based on DepoVax, a proprietary technology platform that contributes recombinant protective antigen bulk drug substance. It serves National Institute of Allergy and Infectious Diseases, and the Biomedical Advanced Research and Development Authority. The company has a license agreement with ImmunoVaccine Technologies for the use of the DepoVax vaccine platform to develop an anthrax vaccine. PharmAthene, Inc. is headquartered in Annapolis, Maryland.

Coeur Mining, Inc. (CDE) failed to extend gains with the stock declining -0.64% or $-0.06 to close the day at $9.38 on higher than average trading volume of 5.57M shares, compared to its three month average trading volume of 4.24M. The Chicago Illinois 60603 based company has been underperforming the silver companies by -6.2516% for last three months and its recent losses have trimmed gains to 3.19% YTD, versus the silver industry which is down -23.95% for the same period. The RSI of 34.19 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Coeur Mining, Inc. owns, operates, explores for, and develops silver and gold properties. The company holds interests in the Palmarejo silver and gold mine located in Mexico; the Rochester silver and gold mine in northwestern Nevada; the Kensington gold mine located to the north of Juneau, Alaska; and the Wharf gold mine in South Dakota. It also owns interests in the San Bartolomé silver mine in Bolivia; the Endeavor zinc, lead, and silver mine located in Australia; the La Preciosa silver-gold exploration project in the State of Durango, Mexico; and the Joaquin silver-gold exploration project located in the Santa Cruz province of southern Argentina. Coeur Mining, Inc. markets its silver and gold concentrates to third-party refiners and smelters in the United States, China, and Japan. The company was formerly known as Coeur d’Alene Mines Corporation and changed its name to Coeur Mining, Inc. in May 2013. Coeur Mining, Inc. was founded in 1928 and is based in Chicago, Illinois.

 

Stocks In Action: Globalstar, Inc. (GSAT), Steel Dynamics, Inc. (STLD), Intrepid Potash, Inc. (IPI)

Globalstar, Inc. (GSAT) traded within a range of $1.35 to $1.46 after opening the day at $1.35. The company has seen its stock decrease in value by -8.86% so far this year. The stock was up close to 6.67% on light volume in last trading session and closed at $1.44 per share. After the recent gain, the stock is currently holding -52% below its 52 week high of $3 and 128.57% above its 12-month low of $0.63. The shares are up by over 67.44% in the last three months, and the RSI indicator value of 51.86 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; SPOT Global phone; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Simplex one-way transmission products to track cargo containers and rail cars, to monitor utility meters, to monitor oil and gas assets, and other applications. Further, it provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company primarily serves recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. Globalstar, Inc. distributes its products directly, as well as through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. As of December 31, 2015, it served approximately 688,000 subscribers. The company has a collaboration agreement with Carmanah to design and manufacture solar powered M2M satellite solutions. The company was founded in 2003 and is headquartered in Covington, Louisiana. Globalstar, Inc. is a subsidiary of Thermo Funding II LLC.

Steel Dynamics, Inc. (STLD) continued its upward trend with the stock climbing 3.12% or $1.14 to close the day at $37.71 on light trading volume of 3.73M shares, compared to its three month average trading volume of 4M. The Fort Wayne Indiana 46804 based company has been outperforming the steel & iron group over the past 52 weeks, with the stock gaining 110.23%, compared to the industry which has advanced 115.82% over the same period. With RSI of 60.91, the stock should still continue to rise and get closer to its one year target estimate of $40.6, making it a hold for now.

Steel Dynamics, Inc., together with its subsidiaries, manufactures and sells steel products; processes and sells recycled ferrous and nonferrous metals; and fabricates and sells steel joist and deck products in the United States and internationally. The company operates through Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations segments. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections. This segment offers its products for automotive, construction, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, management, marketing, brokerage, and consulting services related to the scrap industry. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel decks primarily for the non-residential construction industry. The company also produces pig and hot briquetted iron; and iron nugget products that are used in electric arc furnace steel mills. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

Intrepid Potash, Inc. (IPI) gained $0.3 to close the day at a new closing price of $2.27, a 15.23% increase in value from its previous closing price that moved the stock 249.23% above its 52 week low of $0.65. A total of 3.65M shares exchanged hands during the day compared with its three month average trading volume of 1.85M. The stock, which fluctuated between $1.95 and $2.28 during the day, currently situated -25.33% below its 52 week high. The stock is up by 6.57% in the past one month and up by 112.15% over the past three months. With a one year target estimate of $1.79 and RSI of 59.03, the stock still has upside potential, making it a hold for now.

Intrepid Potash, Inc. engages in the extraction, production, and sale of potassium containing products in the United States. It produces muriate of potash and langbeinite, a low-chloride potassium fertilizer that contains sulfate and magnesium. The company also offers salt, magnesium chloride, and metal recovery salts. It serves agricultural, industrial, and animal feed markets. The company was incorporated in 2007 and is based in Denver, Colorado.

 

Momentum Stocks: Range Resources Corporation (RRC), Abercrombie & Fitch Co. (ANF), Stillwater Mining Company (SWC)

Range Resources Corporation (RRC) retreated with the stock falling -1.84% or $-0.61 to close at $32.53 on light trading volume of 2.91M compared its three months average trading volume of 4.27M. The Fort Worth Texas 76102 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 18.85% up for the period and down by -5.33% so far this year. With price target of $47.19 and a 50.3% rebound from 52-week low, Range Resources Corporation has plenty of upside potential, making it a hold with a view buy.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. The company holds interests in developed and undeveloped natural gas and oil leases in the Appalachian region of the United States. It owns and operates 4,462 net producing wells and approximately 905,000 net acres under lease in the Appalachian region; and 444 net producing wells and approximately 308,000 net acres under lease in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of Northern Oklahoma and Kansas, the Permian Basin of West Texas, and Mississippi. The company markets and sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to natural gas processors or users of NGLs; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. As of December 31, 2015, it had proved reserves of 9.9 trillion cubic feet of natural gas equivalents. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.

Abercrombie & Fitch Co. (ANF) had a light trading with around 2.9M shares changing hands compared to its three month average trading volume of 3.55M. The stock traded between $12.3 and $12.7 before closing at the price of $12.35 with -1.59% change on the day. The New Albany Ohio 43054 based company is currently trading 13.2% above its 52 week low of $10.91 and -61.06% below its 52 week high of $32.83. Both the RSI indicator and target price of  and $13.4 respectively, lead us to believe that it could rise over the coming weeks.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel. The company sells knit and woven shirts, graphic T-shirts, fleece, jeans and woven pants, shorts, sweaters, and outerwear; personal care products; and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister brand names. As of March 2, 2016, it operated through 754 stores in the United States; and 178 stores in Canada, Europe, Asia, and the Middle East. The company sells its products through its stores and direct-to-consumer sales. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.

Stillwater Mining Company (SWC) saw its value increase by 1.07% as the stock gained $0.18 to finish the day at a closing price of $17.06. The stock was lighter in trading and has fluctuated between $6.64-$17.5 per share for the past year. The shares, which traded within a range of $16.91 to $17.16 during the day, are up by 14.96% in the past three months and up by 15.11% over the past six months. It is currently trading 0.04% above its 20 day moving average and 3.24% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $17.68 a share over the next twelve months. The current relative strength index (RSI) reading is 50.51.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Stillwater Mining Company engages in the development, extraction, processing, smelting, and refining of platinum group metals (PGMs). It operates through Mine Production, PGM Recycling, Canadian Properties, and South American Properties segments. The company explores for palladium, platinum, and associated metals, as well as for gold, silver, nickel, copper, and rhodium ores. It conducts its mining operations at the Stillwater mine located near Nye, Montana; and at the East Boulder mine located in Sweet Grass County, Montana. The company also owns and operates a smelter and base metal refinery located in Columbus, Montana, as well as recycles spent catalyst and other industrial source materials. In addition, it develops and explores the Marathon PGM-copper property situated in Northern Ontario, Canada; and the Altar porphyry copper-gold property located in the San Juan Province of Argentina, as well as owns the Geordie Lake property situated in Ontario, Canada. The company was founded in 1992 and is headquartered in Littleton, Colorado.

 

Momentum Stocks: Take-Two Interactive Software, Inc. (TTWO), Anthera Pharmaceuticals, Inc. (ANTH), Murphy Oil Corporation (MUR)

Take-Two Interactive Software, Inc. (TTWO) grew with the stock adding 0.93% or $0.54 to close at $58.42 on active trading volume of 2.32M compared its three months average trading volume of 1.33M. The New York New York 10012 based company operating under the Multimedia & Graphics Software industry has been trending up for the last 52 weeks, with the shares price now 71.17% up for the period and up by 18.52% so far this year. With price target of $59.94 and a 76.71% rebound from 52-week low, Take-Two Interactive Software, Inc. has plenty of upside potential, making it a hold with a view buy.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. Further, the company offers free-to-play mobile games, such as Dragon City and Monster Legends on iOS and Android platforms. Its products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. The company delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

Anthera Pharmaceuticals, Inc. (ANTH) had a active trading with around 2.32M shares changing hands compared to its three month average trading volume of 1.98M. The stock traded between $0.6235 and $0.688 before closing at the price of $0.64 with 2.74% change on the day. The Hayward California 94545 based company is currently trading 25.08% above its 52 week low of $0.51 and -86.98% below its 52 week high of $4.9. Both the RSI indicator and target price of  and $2.85 respectively, lead us to believe that it could rise over the coming weeks.

Anthera Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of medicines for patients with unmet medical needs. The company’s Phase III product candidates include liprotamase or Sollpura, a non-porcine investigational pancreatic enzyme replacement therapy for the treatment of patients with exocrine pancreatic insufficiency; and Blisibimod that targets B-cell activating factor associated with various B-cell mediated autoimmune diseases, including systemic lupus erythematosus, lupus nephritis, and others. It also develops Blisibimod, which is in Phase II clinical study for the treatment of Immunoglobulin A nephropathy. The company was founded in 2004 and is headquartered in Hayward, California.

Murphy Oil Corporation (MUR) saw its value decrease by -0.21% as the stock dropped $-0.06 to finish the day at a closing price of $28.42. The stock was lighter in trading and has fluctuated between $15.3-$37.48 per share for the past year. The shares, which traded within a range of $27.87 to $28.57 during the day, are down by -0.13% in the past three months and up by 0.98% over the past six months. It is currently trading -4.6% below its 20 day moving average and -8.83% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $32.56 a share over the next twelve months. The current relative strength index (RSI) reading is 36.96.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Murphy Oil Corporation operates as an oil and gas exploration and production company worldwide. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Murphy Oil Corporation was founded in 1950 and is headquartered in El Dorado, Arkansas.

 

Investor’s Watch List: American Homes 4 Rent (AMH), USG Corporation (USG), Swift Transportation Company (SWFT)

American Homes 4 Rent (AMH) had a light trading with around 2.15M shares changing hands compared to its three month average trading volume of 2.24M. The stock traded between $22.8 and $23.13 before closing at the price of $22.87 with -0.13% change on the day. The Agoura Hills California 91301 based company is currently trading 75.66% above its 52 week low of $13.22 and -0.61% below its 52 week high of $23.13. Both the RSI indicator and target price of 75.23 and $23.94 respectively, lead us to believe that it could drop over the coming weeks.

American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States. American Homes 4 Rent was founded in 2012 and is based in Malibu, California.

USG Corporation (USG) continued its upward trend with the stock climbing 2.44% or $0.78 to close the day at $32.8 on active trading volume of 2.13M shares, compared to its three month average trading volume of 1.61M. The Chicago Illinois 60661 based company has been outperforming the general building materials group over the past 52 weeks, with the stock gaining 67.35%, compared to the industry which has advanced 49.91% over the same period. With RSI of 73.64, the stock should still continue to rise and get closer to its one year target estimate of $32.56, making it a hold for now.

USG Corporation, through its subsidiaries, manufactures and sells building materials worldwide. The company’s Gypsum segment manufactures and markets gypsum and related products to construct walls, ceilings, roofs, and floors of residential, commercial, and institutional buildings, as well as for various industrial applications. This segment offers gypsum panels, as well as joint compounds, corner beads, joint tapes, and plasters for wallboard joints finishing under the Sheetrock brand; cement board under the Durock brand; backerboard that includes abuse-resistant interior wall panels, tile backer boards, and flooring underlayments under the Fiberock brand; poured gypsum flooring systems under the Levelrock brand; roof boards under the Securock brand; and air-water barrier system and industrial gypsum under the ExoAir 430 brand. It also provides construction plaster products under the Red Top, Imperial, Diamond, and Supremo brands; and gypsum-based products for agricultural and industrial customers. The company’s Ceilings segment manufactures and markets interior systems products, including ceiling tiles under the Radar, Eclipse, Mars, and Halcyon brands; and ceiling grids under the Donn, DX, Fineline, Centricitee, Identitee DXI, Curvatura, and Compasso brands. Its USG Boral Building Products segment manufactures, distributes, and sells various building products, mines raw gypsum, and sells natural and synthetic gypsum. This segment offers plasterboards under the USG Boral Sheetrock brand; and ceiling suspension systems under the USG Boral NextGen, Elephant, Jayaboard, Durock, and Donn DX brands, as well as mineral fiber ceiling tiles, steel grids, and joint compounds for wall, ceiling, floor lining, and exterior systems. The company distributes its products through building material dealers, home improvement centers and other retailers, specialty wallboard distributors, and contractors. USG Corporation was founded in 1901 and is headquartered in Chicago, Illinois.

Swift Transportation Company (SWFT) shares were up in last trading by 0.25% to $23.7. It experienced lighter than average volume on day. The stock increased in value by almost 2.51% over the past week and fell -0.59% in the past month. It is currently trading -1.81% below its 50 day moving average and 16.71% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -12.8% decrease in value from its one year high of $27.18. The RSI indicator value of 53.74, lead us to believe that it is a hold for now.

Swift Transportation Company operates as a multi-faceted transportation services company in North America. The company operates through four segments: Truckload, Dedicated, Swift Refrigerated, and Intermodal. The Truckload segment provides services through one-way movements over irregular routes utilizing company’s and owner-operator tractors with dry van, flatbed, and specialized trailing equipment in the United States, Mexico, and Canada. The Dedicated segment offers tailored solutions under long-term contracts utilizing refrigerated, dry van, flatbed, and other specialized trailing equipment. The Swift Refrigerated segment primarily offers shipments for customers who require temperature-controlled trailers. This segment’s shipments include one-way movements over irregular routes, as well as dedicated truck operations. The Intermodal segment moves freight over the rail in containers and other trailing equipment; and provides drayage services to transport loads between the railheads and customer locations. The company also offers logistics and freight brokerage services, as well as support services to its customers and owner-operators, including repair and maintenance shop services, equipment leasing, and insurance. As of December 31, 2015, it operated a fleet of 15,211 company tractors and 4,653 owner-operator tractors; 65,233 trailers; and 9,150 intermodal containers from 40 terminals near key freight centers and traffic lanes. Swift Transportation Company serves various customers primarily in the retail, food and beverage, consumer products, paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. The company was formerly known as Swift Holdings Corp. Swift Transportation Company was founded in 1966 and is headquartered in Phoenix, Arizona.

 

Three Movers to Watch for: Two Harbors Investment Corp. (TWO), TCF Financial Corporation (TCB), Pure Storage, Inc. (PSTG)

Two Harbors Investment Corp. (TWO) grew with the stock adding 0.11% or $0.01 to close at $8.94 on light trading volume of 1.66M compared its three months average trading volume of 2.49M. The New York New York 10022 based company operating under the REIT – Residential industry has been trending up for the last 52 weeks, with the shares price now 37.13% up for the period and up by 2.52% so far this year. With price target of $9.5 and a 42.61% rebound from 52-week low, Two Harbors Investment Corp. has plenty of upside potential, making it a hold with a view buy.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights, commercial real estate and other financial assets. The company’s target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and non-agency RMBS collateralized by prime mortgage loans, Alt-A mortgage loans, pay-option ARM mortgage loans, and subprime mortgage loans. Its target assets also comprise prime nonconforming and credit sensitive residential mortgage loans; floating and fixed rate commercial real estate loans; CMBS collateralized by commercial real estate loans; and other assets, such as asset backed securities and certain non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company would not be subject to federal income tax, if it distributes at least 90% of net taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in New York, New York.

TCF Financial Corporation (TCB) gained $0.02 to close the day at a new closing price of $17.4, a 0.12% increase in value from its previous closing price that moved the stock 70.52% above its 52 week low of $10.66. A total of 1.65M shares exchanged hands during the day compared with its three month average trading volume of 1.69M. The stock, which fluctuated between $17.37 and $17.62 during the day, currently situated -13.13% below its 52 week high. The stock is down by -9.89% in the past one month and up by 12.84% over the past three months. With a one year target estimate of $18.77 and RSI of 39.97, the stock still has upside potential, making it a hold for now.

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Lending, Funding, and Support Services segments. The Lending segment offers consumer loans for personal, family, and household purposes, such as home purchases, debt consolidation, and financing of home improvements. This segment also provides loans secured by personal property, as well as unsecured personal loans; commercial real estate and business lending products, including multi-family housing, warehouse and industrial buildings, office buildings, health care facilities, retail services, and commercial real estate construction loans; lease and equipment finance services for specialty vehicles, construction, golf cart and turf, medical, manufacturing, and technology and data processing markets; and inventory and auto finance services. The Funding segment provides deposit products, including free checking accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plan accounts. This segment also offers treasury services, such as investment and borrowing portfolios, as well as management of capital, debt, and market risks, including interest rate and liquidity risks. As of December 31, 2015, the company had 155 branches in Illinois, 99 in Minnesota, 53 in Michigan, 34 in Colorado, 24 in Wisconsin, 7 in Arizona, 2 in South Dakota, and a branch in Indiana. TCF Financial Corporation was founded in 1923 and is headquartered in Wayzata, Minnesota.

Pure Storage, Inc. (PSTG) shares were up in last trading by 2.04% to $12. It experienced higher than average volume on day. The stock increased in value by almost 7.62% over the past week and grew 4.08% in the past month. It is currently trading 1.46% above its 50 day moving average and -3.98% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -26.83% decrease in value from its one year high of $16.4. The RSI indicator value of 59.48, lead us to believe that it is a hold for now.

Pure Storage, Inc. develops and provides an enterprise data storage platform in the United States, Europe, and Asia. The company’s storage platform integrates the Purity Operating Environment, a flash-optimized software; FlashArray, a modular and scalable all-flash array hardware; and Pure1, a cloud-based management and support platform. Its customers include large and mid-size organizations across various industries, including cloud-based software and service providers, consumer Web, education, energy, financial services, government, healthcare, manufacturing, media, retail, and telecommunications. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in 2010. Pure Storage, Inc. was founded in 2009 and is headquartered in Mountain View, California.