Peter Elliott

Trader Alert: Sunstone Hotel Investors, Inc. (SHO), Williams-Sonoma, Inc. (WSM), Janus Capital Group, Inc. (JNS)

Sunstone Hotel Investors, Inc. (SHO) grew with the stock adding 0.85% or $0.13 to close at $15.38 on light trading volume of 1.55M compared its three months average trading volume of 2.62M. The Aliso Viejo California 92656 based company operating under the REIT – Hotel/Motel industry has been trending up for the last 52 weeks, with the shares price now 34.96% up for the period and up by 0.85% so far this year. With price target of $14.85 and a 42.58% rebound from 52-week low, Sunstone Hotel Investors, Inc. has plenty of upside potential, making it a hold with a view buy.

Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States. Its portfolio also includes mid-scale hotels. Sunstone Hotel Investors was founded in 1995 and is based in Aliso Viejo, California.

Williams-Sonoma, Inc. (WSM) dropped $-0.88 to close the day at a new closing price of $47.12, a -1.83% decrease in value from its previous closing price that moved the stock 3.36% above its 52 week low of $45.96. A total of 1.54M shares exchanged hands during the day compared with its three month average trading volume of 1.34M. The stock, which fluctuated between $46.88 and $47.74 during the day, currently situated -22.24% below its 52 week high. The stock is down by -3.33% in the past one month and down by -7.73% over the past three months. With a one year target estimate of $53.63 and RSI of 39.84, the stock still has upside potential, making it a hold for now.

Williams-Sonoma, Inc. operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams-Sonoma brand, as well as home furnishings and decorative accessories under the Williams-Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand. It also provides products designed for creating spaces where children could play, laugh, learn, and grow under the Pottery Barn Kids brand; line of furniture, bedding, lighting, decorative accents, and others for teen bedrooms, dorm rooms, study spaces, and lounges under the PBteen brand; and mixed clean lines, natural materials, and handcrafted collections under West Elm brand. In addition, the company offers a range of assortments of lighting, hardware, furniture, and home décor inspired by history under the Rejuvenation brand; and women’s and men’s accessories, small leather goods, jewelry, key item apparel, paper, entertaining and bar, home décor, and seasonal items under the Mark and Graham brand. It markets its products through e-commerce Websites, direct mail catalogs, and specialty retail stores. As of January 31, 2016, the company operated 618 stores comprising 571 stores in 43 states, Washington, D.C., and Puerto Rico; 27 stores in Canada; 19 stores in Australia; and 1 store in the United Kingdom, as well as 48 franchised stores and/or e-commerce Websites in various countries in the Middle East, the Philippines, and Mexico. Williams-Sonoma, Inc. was founded in 1956 and is headquartered in San Francisco, California.

Janus Capital Group, Inc. (JNS) shares were up in last trading by 2.39% to $12.41. It experienced higher than average volume on day. The stock increased in value by almost 1.72% over the past week and fell -7.11% in the past month. It is currently trading -5.55% below its 50 day moving average and -10.04% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -23.99% decrease in value from its one year high of $16.62. The RSI indicator value of 42.92, lead us to believe that it is a hold for now.

Janus Capital Group, Inc. is a publicly owned asset management holding company with approximately $167.7 billion in assets under management. It also provides retirement planning, investment planning, tax planning, investment for college, and tax planning services to its clients. The firm primarily provides its services to investment companies, retail investors, institutions, and individuals. Through its subsidiaries, it manages equity, fixed income, money markets, and balanced mutual funds for its clients and invests in the public equity and fixed income markets across the globe. The firm was formerly known as Stilwell Financial Incorporated. Janus Capital Group was founded in 1969 and is based in Denver Colorado with additional offices in the United States, Hong Kong; London; Milan; and Tokyo, Japan.

 

Stocks In Action: Wabash National Corporation (WNC), Santander Consumer USA Holdings Inc. (SC), Neurocrine Biosciences, Inc. (NBIX)

Wabash National Corporation (WNC) traded within a range of $20.94 to $21.49 after opening the day at $21.39. The company has seen its stock increase in value by 33.95% so far this year. The stock was down close to -1.17% on light volume in last trading session and closed at $21.11 per share. After the recent fall, the stock is currently holding -2.67% below its 52 week high of $21.69 and 97.3% above its 12-month low of $10.74. The shares are up by over 69.79% in the last three months, and the RSI indicator value of 75.46 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Wabash National Corporation designs, manufactures, and markets truck and tank trailers, intermodal equipment, and transportation related products in North America. Its Commercial Trailer Products segment provides dry van trailers; platform trailers; refrigerated trailers; specialty products, such as converter dollies, big tire haulers, steel coil haulers, and roadrailer trailers; aftermarket parts and rail components; truck bodies; used trailers; and laminated hard wood oak products. The company’s Diversified Products segment offers transportation products, including stainless steel and aluminum liquid and dry bulk tank trailers and other liquid transport solutions for the dairy, food and beverage, chemical, environmental, petroleum, and refined fuel industries; aircraft refuelers and hydrant dispensers for in-to-plane fueling companies, airlines, freight distribution companies, and fuel marketers; military grade refueling and water tankers; truck mounted tanks for fuel delivery; and vacuum tankers. This segment also provides engineered products comprising products for storage, mixing, and blending, including process vessels, as well as round horizontal and vertical storage silo tanks; containment and isolation systems for the pharmaceutical, chemical, and nuclear industries; containment systems for the pharmaceutical, chemical, and biotech markets; and mobile water storage tanks used in the oil and gas industry. The Retail segment operates 15 owned retail branch locations, which sell new and used trailers, aftermarket parts, and services. The company offers its products under the Wabash, Wabash National, DuraPlate, DuraPlate HD, DuraPlate XD-35, DuraPlate AeroSkirt, ArcticLite, RoadRailer, TrustLock Plus, Transcraft, Benson, Walker Transport, Walker Engineered Products, Brenner Tank, Garsite, Progress Tank, Bulk Tank International, Extract Technology, and Beall brand names. Wabash National Corporation was founded in 1985 and is headquartered in Lafayette, Indiana.

Santander Consumer USA Holdings Inc. (SC) managed to rebound with the stock climbing 0.07% or $0.01 to close the day at $14.23 on light trading volume of 1.15M shares, compared to its three month average trading volume of 1.55M. The Dallas Texas 75201 based company has been outperforming the mortgage investment group over the past 52 weeks, with the stock gaining 44.91%, compared to the industry which has advanced 53.65% over the same period. With RSI of 59.89, the stock should still continue to rise and get closer to its one year target estimate of $14.56, making it a hold for now.

Santander Consumer USA Holdings Inc., a specialized consumer finance company, provides vehicle finance and third-party servicing in the United States. The company’s vehicle finance products and services include retail installment contracts, vehicle leases, and dealer loans. It also offers financial products and services related to motorcycles, RVs, and marine vehicles; originates vehicle loans through a Web-based direct lending program; purchases vehicle retail installment contracts from other lenders; and services automobile, and recreational and marine vehicle portfolios for other lenders. Santander Consumer USA Holdings Inc. was founded in 1995 and is headquartered in Dallas, Texas. Santander Consumer USA Holdings Inc. is a subsidiary of Santander Holdings USA, Inc.

Neurocrine Biosciences, Inc. (NBIX) dropped $-2.3 to close the day at a new closing price of $42.14, a -5.18% decrease in value from its previous closing price that moved the stock 33.57% above its 52 week low of $32.18. A total of 1.15M shares exchanged hands during the day compared with its three month average trading volume of 1.08M. The stock, which fluctuated between $41.81 and $44.66 during the day, currently situated -23.59% below its 52 week high. The stock is up by 2.51% in the past one month and down by -20.48% over the past three months. With a one year target estimate of $66.92 and RSI of 48.44, the stock still has upside potential, making it a hold for now.

Neurocrine Biosciences, Inc. discovers and develops pharmaceuticals for the treatment of neurological and endocrine-related diseases and disorders in the United States. The company’s products in clinical development stage include elagolix, which is in Phase III study for endometriosis and uterine fibroids; Vesicular Monoamine Transporter 2 Inhibitor (VMAT2) that is in Phase III study for tardive dyskinesia, as well as in Phase II study for tourette syndrome; and NBI-640756, which is in Phase I study for essential tremor. Its research programs comprise Corticotropin-Releasing Factor Receptor1 Antagonist for congenital adrenal hyperplasia; VMAT2 Inhibitors for movement disorders, bipolar disorders, and schizophrenia; and G Protein-Coupled Receptors and Ion Channels for epilepsy, essential tremor, pain, and other Indications. It has collaborations with AbbVie Inc. to develop and commercialize elagolix and GnRH antagonists for women’s and men’s health; Mitsubishi Tanabe Pharma Corporation to develop and commercialize valbenazine for movement disorders in Japan and other Asian markets; The Mount Sinai School of Medicine of the City University of New York to develop and commercialize licensed products worldwide; and Dainippon Sumitomo Pharma Co. Ltd. Neurocrine Biosciences, Inc. was founded in 1992 and is headquartered in San Diego, California.

 

Momentum Stocks: NIKE, Inc. (NKE), Citigroup Inc. (C), QUALCOMM Incorporated (QCOM)

NIKE, Inc. (NKE) grew with the stock adding 1.65% or $0.91 to close at $56.22 on light trading volume of 14.97M compared its three months average trading volume of 8.89M. The Beaverton Oregon 97005 based company operating under the Textile – Apparel Footwear & Accessories industry has been trending up for the last 52 weeks, with the shares price now 1.59% up for the period and up by 10.6% so far this year. With price target of $61.81 and a 15.13% rebound from 52-week low, NIKE, Inc. has plenty of upside potential, making it a hold with a view buy.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers products in nine categories, including running, NIKE basketball, the Jordan brand, football, men’s training, women’s training, action sports, sportswear, and golf. The company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment under the NIKE brand name for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites (direct to consumer operations), as well as independent distributors and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

Citigroup Inc. (C) had a light trading with around 14.42M shares changing hands compared to its three month average trading volume of 22.12M. The stock traded between $57.13 and $57.95 before closing at the price of $57.63 with 0.65% change on the day. The New York New York 10013 based company is currently trading 68.77% above its 52 week low of $36.61 and -6.22% below its 52 week high of $61.63. Both the RSI indicator and target price of  and $64.61 respectively, lead us to believe that it could rise over the coming weeks.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

QUALCOMM Incorporated (QCOM) saw its value increase by 2.12% as the stock gained $1.12 to finish the day at a closing price of $54. The stock was higher in trading and has fluctuated between $45.4-$71.62 per share for the past year. The shares, which traded within a range of $52.93 to $54.28 during the day, are down by -19.83% in the past three months and down by -11.1% over the past six months. It is currently trading -5.47% below its 20 day moving average and -14.14% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $65.53 a share over the next twelve months. The current relative strength index (RSI) reading is 31.85.The technical indicator lead us to believe there will be no major movement any time soon, hold.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Trader’s Buzzers: Twenty-First Century Fox, Inc. (FOXA), Exxon Mobil Corporation (XOM), Merck & Co., Inc. (MRK)

Twenty-First Century Fox, Inc. (FOXA) traded within a range of $29.81 to $30.28 after opening the day at $30.19. The company has seen its stock increase in value by 6.67% so far this year. The stock was down close to -0.7% on light volume in last trading session and closed at $29.91 per share. After the recent fall, the stock is currently holding -5.8% below its 52 week high of $31.75 and 29.61% above its 12-month low of $23.33. The shares are up by over 8.92% in the last three months, and the RSI indicator value of 48.74 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, including 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, as well as produces and licenses television programming worldwide. Further, it offers video advertising services, including consumer engagement and on-demand marketing campaigns; and operates two San Francisco-Bay area television stations. The company was formerly known as News Corporation. Twenty-First Century Fox, Inc. was founded in 1922 and is headquartered in New York, New York.

Exxon Mobil Corporation (XOM) continued its upward trend with the stock climbing 0.83% or $0.68 to close the day at $82.52 on active trading volume of 8.76M shares, compared to its three month average trading volume of 11.37M. The Irving Texas 75039 based company has been outperforming the major integrated oil & gas group over the past 52 weeks, with the stock gaining 7.34%, compared to the industry which has advanced 32.82% over the same period. With RSI of 36.95, the stock should still continue to rise and get closer to its one year target estimate of $88.57, making it a hold for now.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products. As of December 31, 2015, the company had approximately 35,909 gross and 30,114 net operated wells. Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

Merck & Co., Inc. (MRK) dropped $-0.24 to close the day at a new closing price of $64.15, a -0.37% decrease in value from its previous closing price that moved the stock 37.16% above its 52 week low of $49.24. A total of 8.53M shares exchanged hands during the day compared with its three month average trading volume of 10.85M. The stock, which fluctuated between $63.96 and $64.57 during the day, currently situated -1.25% below its 52 week high. The stock is up by 4.09% in the past one month and up by 0.72% over the past three months. With a one year target estimate of $68.55 and RSI of 61.33, the stock still has upside potential, making it a hold for now.

Merck & Co., Inc. provides healthcare solutions worldwide. The company offers therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases. It also offers neuromuscular blocking agents; anti-bacterial products; cholesterol modifying medicines; non-sedating antihistamine; and vaginal contraceptive products. In addition, the company offers products to prevent chemotherapy-induced and post-operative nausea and vomiting; treat brain tumors; treat melanoma and metastatic non-small-cell lung cancer; prevent diseases caused by human papillomavirus; and vaccines for measles, mumps, rubella, varicella, chickenpox, shingles, rotavirus gastroenteritis, and pneumococcal diseases. Further, it offers antibiotic and anti-inflammatory drugs to treat infectious and respiratory diseases, fertility disorders, and pneumonia in cattle, horses, and swine; vaccines for poultry; parasiticide for sea lice in salmon; and antibiotics and vaccines for fishes. Additionally, the company offers companion animal products, such as ointments for otitis; diabetes mellitus treatment for dogs and cats; anthelmintic products; chewable tablets to treat fleas and ticks in dogs; and products for protection against bites from fleas, ticks, mosquitoes, and sandflies. It serves drug wholesalers and retailers, hospitals, government agencies and entities, physicians, physician distributors, veterinarians, distributors, animal producers, and managed health care providers. The company has collaboration agreements with Adaptimmune Therapeutics plc and Agenus; and a research agreement with Proteros Biostructures to develop molecule compounds for various cancer treatments. The company was founded in 1891 and is headquartered in Kenilworth, New Jersey.

 

Stocks Under Consideration: Host Hotels & Resorts, Inc. (HST), Caterpillar Inc. (CAT), Netflix, Inc. (NFLX)

Host Hotels & Resorts, Inc. (HST) grew with the stock adding 0.05% or $0.01 to close at $18.36 on active trading volume of 5.68M compared its three months average trading volume of 10.52M. The Bethesda Maryland 20817 based company operating under the REIT – Hotel/Motel industry has been trending up for the last 52 weeks, with the shares price now 39.34% up for the period and down by -2.55% so far this year. With price target of $18.18 and a 41.58% rebound from 52-week low, Host Hotels & Resorts, Inc. has plenty of upside potential, making it a hold with a view buy.

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.

Caterpillar Inc. (CAT) had a active trading with around 5.57M shares changing hands compared to its three month average trading volume of 4.63M. The stock traded between $94.5 and $96.62 before closing at the price of $96.31 with 2.5% change on the day. The Peoria Illinois 61630 based company is currently trading 65.05% above its 52 week low of $63.07 and -3.17% below its 52 week high of $99.46. Both the RSI indicator and target price of  and $93.36 respectively, lead us to believe that it could rise over the coming weeks.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company’s Construction Industries segment offers backhoe, small wheel, skid steer, multi-terrain, compact track, medium and compact wheel, and track-type loaders; mini, wheel, and track excavators; track-type tractors; and select work tools, motor graders, telehandlers, soil compactors, and pipelayers, as well as its related parts for the heavy and general construction, rental, mining and quarry, and aggregates markets. Its Resource Industries segment provides electric rope and hydraulic shovels; draglines; drills; highwall and longwall miners; hard rock vehicles; articulated, large mining, and off-highway trucks; large wheel loaders; wheel tractor scrapers; wheel dozers; machinery components; hard rock continuous mining systems; electronics and control systems; and select work tools for use in mining and quarry applications. The company’s Energy & Transportation segment offers reciprocating engines, generator sets, marine propulsion systems, gas turbines and turbine-related services, diesel-electric locomotives, and other rail-related products and services. Its Financial Products segment provides retail and wholesale financing for Caterpillar equipment, machinery, and engines; offers property, casualty, life, accident, and health insurance; insurance brokerage services; and purchases short-term trade receivables. The company’s All Other segments remanufactures Cat engines and components, and provides remanufacturing services for other companies; offers business strategy, and development, management, manufacturing, marketing, and support primarily for paving, forestry, industrial, waste, and Cat products. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Peoria, Illinois.

Netflix, Inc. (NFLX) saw its value increase by 0.47% as the stock gained $0.68 to finish the day at a closing price of $144.82. The stock was lighter in trading and has fluctuated between $84.5-$145.3 per share for the past year. The shares, which traded within a range of $143.97 to $145.3 during the day, are up by 18.52% in the past three months and up by 51.03% over the past six months. It is currently trading 4.17% above its 20 day moving average and 10.88% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $147.18 a share over the next twelve months. The current relative strength index (RSI) reading is 71.32.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. It offers members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. It serves approximately 93 million streaming members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

 

Stocks Highlights: Walgreens Boots Alliance, Inc. (WBA), Zoetis Inc. (ZTS), V.F. Corporation (VFC)

Walgreens Boots Alliance, Inc. (WBA) had a active trading with around 4.4M shares changing hands compared to its three month average trading volume of 3.96M. The stock traded between $81.95 and $83.46 before closing at the price of $83.31 with 1.13% change on the day. The Deerfield Illinois 60015 based company is currently trading 14.86% above its 52 week low of $75.74 and -5.33% below its 52 week high of $88. Both the RSI indicator and target price of 55.42 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.

Zoetis Inc. (ZTS) managed to rebound with the stock declining -0.41% or $-0.23 to close the day at $55.73 on active trading volume of 4.31M shares, compared to its three month average trading volume of 2.95M. The Florham Park New Jersey 07932 based company has been outperforming the drugs – generic group over the past 52 weeks, with the stock gaining 42.75%, compared to the industry which has advanced 0.11% over the same period. With RSI of 69.64, the stock should still continue to rise and get closer to its one year target estimate of $58.07, making it a hold for now.

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

V.F. Corporation (VFC) shares were up in last trading by 1.72% to $50.32. It experienced higher than average volume on day. The stock increased in value by almost 1.53% over the past week and fell -4.19% in the past month. It is currently trading -5.24% below its 50 day moving average and -12.81% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -23.31% decrease in value from its one year high of $67.1. The RSI indicator value of 42.7, lead us to believe that it is a hold for now.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the United States and Europe. The company primarily offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, surfing-inspired footwear, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands. It also provides denim, casual apparel, footwear, and accessories under the Wrangler, Lee, Lee Casuals, Riders by Lee, Rustler, Timber Creek by Wrangler, and Rock & Republic brands. In addition, the company offers occupational, protective occupational, athletic, licensed athletic, and licensed apparel products under the Red Kap, Bulwark, Horace Small, Majestic, MLB, NFL, and Harley-Davidson brands; sportswear apparel, luggage, and accessories under the Nautica brand; and handbags, luggage, backpacks, totes, and accessories under the Kipling brand. Further, it provides premium denim apparel, footwear, and accessories under the 7 For All Mankind, Splendid, and Ella Moss brands. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through company operated stores, concession retail stores, and e-commerce sites. V.F. Corporation was founded in 1899 and is headquartered in Greensboro, North Carolina.

 

Momentum Stocks: Dollar Tree, Inc. (DLTR), The Southern Company (SO), Sysco Corporation (SYY)

Dollar Tree, Inc. (DLTR) retreated with the stock falling -1.73% or $-1.37 to close at $78.02 on active trading volume of 3.5M compared its three months average trading volume of 2.92M. The Chesapeake Virginia 23320 based company operating under the Discount, Variety Stores industry has been trending up for the last 52 weeks, with the shares price now 6.25% up for the period and up by 1.09% so far this year. With price target of $91.8 and a 7.58% rebound from 52-week low, Dollar Tree, Inc. has plenty of upside potential, making it a hold with a view buy.

Dollar Tree, Inc. operates discount retail stores in the United States and Canada. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise, including toys, durable housewares, gifts, stationery products, party goods, greeting cards, softlines, and other items; and seasonal goods consisting of Valentine’s Day, Easter, Halloween, and Christmas merchandise. This segment operates under the Dollar Tree, Dollar Tree Canada, Deals, and Dollar Tree Deals brands, as well as 10 distribution centers in the United States and 2 in Canada, and a store support center in Chesapeake, Virginia. The Family Dollar segment offers consumable merchandise, including food, tobacco, health and beauty aids, household chemicals, paper products, hardware and automotive supplies, diapers, batteries, and pet food and supplies; home products, such as housewares, home décor, and giftware, as well as blankets, sheets, and towels; apparel and accessories merchandise, including clothing, fashion accessories, and shoes; and seasonal and electronics merchandise, such as Valentine’s Day, Easter, Halloween, and Christmas merchandise, as well as personal electronics consisting of pre-paid cellular phones and services, stationery and school supplies, and toys. This segment operates under the Family Dollar brand, 11 distribution centers, and a store support center in Matthews, North Carolina. As of January 30, 2016, the company operated 13,851 stores in 48 states and the District of Columbia, and 5 Canadian provinces. Dollar Tree, Inc. was founded in 1986 and is based in Chesapeake, Virginia.

The Southern Company (SO) had a light trading with around 3.5M shares changing hands compared to its three month average trading volume of 4.7M. The stock traded between $48.74 and $49.16 before closing at the price of $49.05 with 0.39% change on the day. The Atlanta Georgia 30308 based company is currently trading 8.93% above its 52 week low of $46.2 and -8.21% below its 52 week high of $54.64. Both the RSI indicator and target price of  and $50.78 respectively, lead us to believe that it could rise over the coming weeks.

The Southern Company, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, including renewable energy projects. As of December 31, 2015, it operated 33 hydroelectric generating stations, 31 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 16 solar facilities, 1 wind facility, 1 biomass facility, and 1 landfill gas facility. The company also provides digital wireless communications services with various communication options, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data; and wholesale fiber optic solutions to telecommunication providers in the Southeast. The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia.

Sysco Corporation (SYY) saw its value increase by 0.71% as the stock gained $0.37 to finish the day at a closing price of $52.62. The stock was lighter in trading and has fluctuated between $42.05-$57.07 per share for the past year. The shares, which traded within a range of $52.02 to $52.69 during the day, are down by -2.26% in the past three months and up by 2.94% over the past six months. It is currently trading -0.99% below its 20 day moving average and -2.94% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $54.38 a share over the next twelve months. The current relative strength index (RSI) reading is 44.64.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Bahamas, Canada, Ireland, Costa Rica, and Mexico. It operates through Broadline, SYGMA, and Other segments. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware consisting of pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. In addition, the company offers specialty meat products, such as custom-cut fresh steaks, other meat, and poultry products; and lodging industry products, including personal care guest amenities, equipment, housekeeping supplies, room accessories, and textiles. It serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues through 200 distribution facilities. The company was founded in 1969 and is headquartered in Houston, Texas.

 

Eye Catching Stocks: The Progressive Corporation (PGR), Duke Energy Corporation (DUK), Adobe Systems Incorporated (ADBE)

The Progressive Corporation (PGR) continued its upward trend with the stock climbing 0.91% or $0.34 to close the day at $37.66 on light trading volume of 2.58M shares, compared to its three month average trading volume of 2.98M. The Mayfield Village Ohio 44143 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 26.89%, compared to the industry which has advanced 30.11% over the same period. With RSI of 74.41, the stock should still continue to rise and get closer to its one year target estimate of $36.77, making it a hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Duke Energy Corporation (DUK) climbed 0.45% during last trading as the stock added $0.35 to finish the day at $78.1 with about 2.55M shares changing hands, compared to its three month average trading volume of 3.27M. The $53.81B market cap company, which fluctuated between $77.59 and $78.16 during the day, currently situated 11.25% above its 52 week low of $72.34 and -9.98% away from its one year high of $87.75. The RSI of 55.52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Portfolio. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, Ohio, Kentucky, and Indiana; and transports and sells natural gas in southwestern Ohio and northern Kentucky. This segment owns approximately 50,000 megawatts (MW) of generation capacity; and uses coal, hydroelectric, natural gas, oil, and nuclear fuel to generate electricity. It serves approximately 7.4 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States with a service area covering approximately 95,000 square miles; and approximately 525,000 retail natural gas customers in southwestern Ohio and northern Kentucky. This segment is also involved in the wholesale of electricity to incorporated municipalities, electric cooperative utilities, and other load-serving entities. The International Energy segment operates and manages power generation facilities; and markets and sells electric power, natural gas, and natural gas liquids. This segment serves retail distributors, electric utilities, independent power producers, marketers, and industrial and commercial companies. The Commercial Portfolio segment acquires, builds, develops, and operates wind and solar renewable generation and energy transmission projects. Its portfolio includes nonregulated renewable energy, electric transmission, natural gas infrastructure, and energy storage businesses. This segment has 22 wind farms and 38 commercial solar farms with a capacity of 2,400 MW across 11 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. Duke Energy Corporation was incorporated in 2005 and is headquartered in Charlotte, North Carolina.

Adobe Systems Incorporated (ADBE) saw its value increase by 0.35% as the stock gained $0.41 to finish the day at a closing price of $116.85. The stock was lighter in trading and has fluctuated between $77.13-$116.94 per share for the past year. The shares, which traded within a range of $115.03 to $116.94 during the day, are up by 8.33% in the past three months and up by 14.93% over the past six months. It is currently trading 3.82% above its 20 day moving average and 8.44% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $123.16 a share over the next twelve months. The current relative strength index (RSI) reading is 74.26. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Adobe Systems Incorporated operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company’s Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, advertising and media optimization, digital experience management, cross-channel campaign management, and audience management solutions, as well as video delivery and monetization to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Print and Publishing segment offers products and services, such as eLearning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company markets and licenses its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. The company was founded in 1982 and is headquartered in San Jose, California.

 

Traders Watch list: EQT Corporation (EQT), Time Warner Inc. (TWX), Aflac Incorporated (AFL)

EQT Corporation (EQT) saw its value increase by 0.94% as the stock gained $0.6 to finish the day at a closing price of $64.35. The stock was lighter in trading and has fluctuated between $54.22-$80.61 per share for the past year. The shares, which traded within a range of $63.35 to $65.36 during the day, are down by -2.07% in the past three months and down by -5.75% over the past six months. It is currently trading 2.22% above its 20 day moving average and -2.45% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $83 a share over the next twelve months. The current relative strength index (RSI) reading is 51.05.The technical indicator lead us to believe there will be no major movement any time soon, hold.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. The company operates through three segments: EQT Production, EQT Gathering, and EQT Transmission. The EQT Production segment engages in the exploration for, development, and production of natural gas, natural gas liquids (NGLs), and crude oil primarily in the Appalachian Basin. As of December 31, 2016, this segment had 13.5 trillion cubic feet of proved natural gas, NGL, and crude oil reserves across approximately 3.6 million gross acres comprising approximately 790,000 gross acres in the Marcellus play. The EQT Gathering is involved in natural gas gathering activities. As of December 31, 2016, this segment operates approximately 300 miles of high pressure gathering lines with approximately 1.8 billion cubic feet of total firm gathering capacity and various interconnect points; and approximately 1,500 miles of FERC-regulated low pressure gathering lines. The EQT Transmission segment engages in natural gas transmission and storage activities. As of December 31, 2016, this segment operates approximately 950-mile FERC-regulated interstate pipeline that connects to six interstate pipelines and multiple distribution companies. EQT Corporation was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania.

Time Warner Inc. (TWX) shares were up in last trading by 0.22% to $96.58. It experienced lighter than average volume on day. The stock increased in value by almost 0.74% over the past week and grew 3.1% in the past month. It is currently trading 1.32% above its 50 day moving average and 17.14% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.79% decrease in value from its one year high of $97.35. The RSI indicator value of 57.47, lead us to believe that it is a hold for now.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates approximately 180 channels in 200 countries. The Turner segment’s networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN, and HLN; and digital media properties comprise bleacherreport.com, NBA.com, NBA Mobile, NCAA.com, PGA.com, tntdrama.com, TBS.com, adultswim.com, and cartoonnetwork.com. It also licenses original programming to subscription-video-on-demand (SVOD) services and other over-the-top services, and its brands and characters for consumer products other business ventures. This segment serves cable system operators, satellite service distributors, telephone companies, and other distributors. The Home Box Office segment provides premium pay and basic tier television services comprising HBO and Cinemax; sells its original programming through physical and digital formats; and licenses home entertainment and content to international television networks and SVOD services. As of December 31, 2015, this segment had 49 million domestic subscribers. The Warner Bros. segment produces, distributes, and licenses television programming and feature films; distributes digital and physical home entertainment products; and produces and distributes videogames, as well as licenses consumer products and brands. The company was formerly known as AOL Time Warner, Inc. and changed its name to Time Warner Inc. in 2003. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.

Aflac Incorporated (AFL) traded within a range of $69.91 to $70.1 after opening the day at $70. The company has seen its stock increase in value by 0.55% so far this year. The stock was up close to 0.11% on light volume in last trading session and closed at $69.98 per share. After the recent gain, the stock is currently holding -5.51% below its 52 week high of $74.5 and 28.93% above its 12-month low of $57.35. The shares are down by over -1.68% in the last three months, and the RSI indicator value of 54.56 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan. The Aflac U.S. segment provides products designed to protect individuals from depletion of assets, which comprise accident, cancer, critical illness/critical care, hospital intensive care, hospital indemnity, fixed-benefit dental, and vision care plans; and loss-of-income products, such as life and short-term disability plans in the United States (U.S.). The company sells its products through sales associates and brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.

 

Stocks Highlights: Cheniere Energy, Inc. (LNG), Mohawk Industries, Inc. (MHK), AMETEK, Inc. (AME)

Cheniere Energy, Inc. (LNG) had a light trading with around 1.75M shares changing hands compared to its three month average trading volume of 2.45M. The stock traded between $48.67 and $49.89 before closing at the price of $48.93 with -0.53% change on the day. The Houston Texas 77002 based company is currently trading 106.11% above its 52 week low of $25.91 and -3.17% below its 52 week high of $50.53. Both the RSI indicator and target price of 60.84 and $51.3 respectively, lead us to believe that it should be put on hold over the coming weeks.

Cheniere Energy, Inc., an energy company, engages in the liquefied natural gas (LNG) related business in the United States. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business. The company owns and operates Sabine Pass LNG terminal in western Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns Creole Trail Pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines. In addition, the company is involved in the LNG and natural gas marketing business. Cheniere Energy, Inc. was founded in 1983 and is based in Houston, Texas.

Mohawk Industries, Inc. (MHK) continued its upward trend with the stock climbing 3.7% or $7.95 to close the day at $222.72 on light trading volume of 1.72M shares, compared to its three month average trading volume of 591.57K. The Calhoun Georgia 30701 based company has been outperforming the home furnishings & fixtures group over the past 52 weeks, with the stock gaining 45.74%, compared to the industry which has advanced 28.71% over the same period. With RSI of 79.27, the stock should still continue to rise and get closer to its one year target estimate of $235.23, making it a hold for now.

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. This segment markets and distributes its products under the American Olean, Daltile, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers product lines in a range of colors, textures, and patterns, including carpets, rugs, and carpet pads; hardwood and laminate products; and vinyl products, such as luxury vinyl tiles. This segment markets and distributes its flooring products under the Aladdin, Bigelow, Columbia Flooring, Durkan, Horizon, IVC, Karastan, Lees, Mohawk, Pergo, Portico, QuickStep, and SmartStrand brands. The Flooring ROW segment provides laminate and hardwood flooring, as well as roofing elements, insulation boards, medium-density fiberboards, chipboards, and vinyl flooring products under the IVC, Moduleo, Pergo, Quick-Step, and Unilin brands; and licenses patents related to flooring manufacturers. The company sells its products through independent distributors, home center retailers, independent and individual floor covering retailers, ceramic specialists, commercial contractors, commercial end users, mass merchandisers, department stores, shop at home, buying groups, retailers, and wholesalers, as well as private labeling programs. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia.

AMETEK, Inc. (AME) shares were up in last trading by 0.73% to $53.52. It experienced lighter than average volume on day. The stock increased in value by almost 3.9% over the past week and grew 7.08% in the past month. It is currently trading 6.7% above its 50 day moving average and 12.02% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.15% increase in value from its one year high of $53.65. The RSI indicator value of 71.62, lead us to believe that it may reverse gains in the near term.

AMETEK, Inc. manufactures electronic instruments and electromechanical devices worldwide. Its Electronic Instruments Group segment provides advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor, and factory automation markets; instruments for the laboratory equipment, ultra precision manufacturing, medical, and test and measurement markets; and vision systems for surface inspection. This segment also offers aircraft and engine sensors, monitoring systems, power instruments, data acquisition units, and fuel and fluid measurement systems for the aerospace industry; power quality monitoring and metering devices, industrial battery chargers, uninterruptible power supplies, programmable power and electrical test equipment, and gas turbine sensors; and dashboard instruments for heavy trucks and other vehicles, as well as timing controls and cooking computers for the food service industry. Its Electromechanical Group segment provides electrical interconnects, specialty metals, thermal management systems, and floor care and specialty motors; precision motion control products for data storage, medical devices, business equipment, factory automation, and other applications; engineered electrical connectors and packaging products to protect sensitive electronic devices; and metal tubing products. This segment also offers high-purity metals, metal strips, shaped wires, and advanced composites for various industrial applications; and motors used in commercial appliances, fitness equipment, food and beverage machines, hydraulic pumps, industrial blowers, and vacuum cleaners; and operates a network of aviation maintenance, repair, and overhaul facilities. In addition, it offers mission critical communication solutions for hospitals, healthcare systems, and educational facilities. AMETEK, Inc. was founded in 1930 and is headquartered in Berwyn, Pennsylvania.