Stocks in the Spotlight: Teradyne, Inc. (TER), Exact Sciences Corporation (EXAS), Brocade Communications Systems, Inc. (BRCD)

Teradyne, Inc. (TER) had a active trading with around 2.69M shares changing hands compared to its three month average trading volume of 2.25M. The stock traded between $28.8 and $29.08 before closing at the price of $28.95 with 0% change on the day. The North Reading Massachusetts 01864 based company is currently trading 63.7% above its 52 week low of $18.07 and -0.28% below its 52 week high of $29.09. Both the RSI indicator and target price of 70.72 and $29.47 respectively, lead us to believe that it could drop over the coming weeks.

Teradyne, Inc. designs, develops, manufactures, and sells automatic test equipment worldwide. Its Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game applications, and others. This segment offers FLEX test platform systems; Magnum platform that tests memory devices, such as flash memory and dynamic random access memory; J750 test system to address the highest volume semiconductor devices; and ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the low pin count analog/mixed signal discrete markets. It serves integrated device manufacturers (IDMs) that integrate the fabrication of silicon wafers into their business; fabless companies, which outsource the manufacturing of silicon wafers; foundries; and outsourced semiconductor assembly and test providers. The company’s Wireless Test segment designs, develops, and supports wireless test equipment for developing and manufacturing wireless devices, including smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, Bluetooth, and cellular enabled devices. This segment offers IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE-FDD, TD_LTE, and LTE-A technologies for calibration and verification of smartphones, tablets, small cell wireless gateways, and embedded cellular modules; test equipment for connectivity testing; IQfact chipset software; and modular wireless test instruments. The company’s System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. Its Industrial Automation segment provides collaborative robots for manufacturing and light industrial customers. The company was founded in 1960 and is headquartered in North Reading, Massachusetts.

Exact Sciences Corporation (EXAS) continued its upward trend with the stock climbing 4.18% or $0.79 to close the day at $19.69 on active trading volume of 2.67M shares, compared to its three month average trading volume of 2.42M. The Madison Wisconsin 53719 based company has been outperforming the medical laboratories & research group over the past 52 weeks, with the stock gaining 197.88%, compared to the industry which has advanced 25.02% over the same period. With RSI of 68.61, the stock should still continue to rise and get closer to its one year target estimate of $20.88, making it a hold for now.

Exact Sciences Corporation, a molecular diagnostics company, focuses on developing products for the early detection and prevention of various cancers. The company develops the Cologuard, a non-invasive stool-based DNA screening test for the early detection of colorectal cancer and pre-cancer. Its Cologuard test includes a protein marker to detect blood in the stool, utilizing an antibody-based fecal immunochemical test. The company has a collaboration, license, and purchase agreement with Genzyme Corporation, as well as with MAYO Foundation for Medical Education and Research for developing tests to detect lung, pancreatic, and esophageal cancers. Exact Sciences Corporation was founded in 1995 and is headquartered in Madison, Wisconsin.

Brocade Communications Systems, Inc. (BRCD) shares were down in last trading by -0.08% to $12.33. It experienced lighter than average volume on day. The stock decreased in value by almost -0.56% over the past week and fell -1.12% in the past month. It is currently trading -0.88% below its 50 day moving average and 21.1% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.67% decrease in value from its one year high of $12.54. The RSI indicator value of 35.08, lead us to believe that it is a hold for now.

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

 

Stocks in Review: PBF Energy Inc. (PBF), ZAIS Group Holdings, Inc. (ZAIS), Zions Bancorporation (ZION)

PBF Energy Inc. (PBF) traded within a range of $23.96 to $24.75 after opening the day at $24.61. The company has seen its stock decrease in value by -11.91% so far this year. The stock was down close to -0.16% on active volume in last trading session and closed at $24.56 per share. After the recent fall, the stock is currently holding -28.55% below its 52 week high of $35.67 and 27.84% above its 12-month low of $19.47. The shares are down by over -6.01% in the last three months, and the RSI indicator value of 52.49 is neither bullish nor bearish, tempting investors to stay on the sidelines.

PBF Energy Inc., together with its subsidiaries, engages in the refining and supply of petroleum products. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast and Midwest of the United States, as well as in other regions of the United States and Canada. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

ZAIS Group Holdings, Inc. (ZAIS) failed to extend gains with the stock declining -21.99% or $-0.95 to close the day at $3.37 on light trading volume of 2.72M shares, compared to its three month average trading volume of 528.66K. The Red Bank New Jersey 07701 based company has been underperforming the asset management group over the past 52 weeks, with the stock losing -48.47%, compared to the industry which has advanced 32.86% over the same period. With RSI of 66.93, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

ZAIS Group Holdings, Inc., an investment management company, focuses on investments in specialized credit strategies. The company manages assets across mortgage-related specialized credit strategies, including residential whole loans, residential mortgage backed securities, asset backed securities, and commercial mortgage backed securities; and corporate-credit, including collateralized loan obligations, collateralized bond obligations, collateralized synthetic obligations, credit default swaps, high yield bonds, and leveraged loans. It also provides solutions to investors in structured credit. ZAIS Group Holdings, Inc. has operations in the United States, London, and Shanghai. The company was founded in 1997 and is based in Red Bank, New Jersey.

Zions Bancorporation (ZION) gained $0.22 to close the day at a new closing price of $45.3, a 0.49% increase in value from its previous closing price that moved the stock 127.65% above its 52 week low of $20.08. A total of 2.69M shares exchanged hands during the day compared with its three month average trading volume of 2.67M. The stock, which fluctuated between $45.05 and $45.52 during the day, currently situated 0.2% above its 52 week high. The stock is up by 8.65% in the past one month and up by 18.09% over the past three months. With a one year target estimate of $45.96 and RSI of 64.48, the stock still has upside potential, making it a hold for now.

Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. In addition, the company offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services. Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.

 

Momentum Stocks: News Corporation (NWSA), Anthera Pharmaceuticals, Inc. (ANTH), Palatin Technologies, Inc. (PTN)

News Corporation (NWSA) grew with the stock adding 0.15% or $0.02 to close at $13.1 on active trading volume of 2.67M compared its three months average trading volume of 2.34M. The New York New York 10036 based company operating under the Broadcasting – TV industry has been trending up for the last 52 weeks, with the shares price now 21.09% up for the period and up by 14.31% so far this year. With price target of $14.48 and a 26.98% rebound from 52-week low, News Corporation has plenty of upside potential, making it a hold with a view buy.

News Corporation, a media and information services company, focuses on creating and distributing content to consumers and businesses worldwide. The company distributes content and data products, such as The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron’s, MarketWatch, Dow Jones Private Markets, and DJX through various media channels, including newspapers, newswires, Websites, newsletters, magazines, proprietary databases, conferences, and video, as well as applications for mobile devices, tablets, and electronic readers. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers, including The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other Websites. In addition, the company provides home-delivered shopper media, such as free-standing inserts and direct mail products; in-store marketing products and services primarily to consumer packaged goods manufacturers; in-store merchandising services; and digital marketing solutions. Further, it publishes general fiction, nonfiction, children’s, and religious books; and offers sports programming services with seven television channels distributed through cable, satellite and IP, various interactive viewing applications, and broadcast rights to live sporting events. Additionally, the company provides digital advertising services for property and property-related services on Websites and mobile applications; online real estate services; and professional software and services products, including Top Producer, TigerLead, and ListHub, as well as operates residential and commercial property Websites. News Corporation is headquartered in New York, New York.

Anthera Pharmaceuticals, Inc. (ANTH) had a light trading with around 2.65M shares changing hands compared to its three month average trading volume of 2M. The stock traded between $0.6255 and $0.73 before closing at the price of $0.71 with 11.79% change on the day. The Hayward California 94545 based company is currently trading 39.45% above its 52 week low of $0.51 and -85.49% 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.

Palatin Technologies, Inc. (PTN) saw its value decrease by -3.31% as the stock dropped $-0.01 to finish the day at a closing price of $0.38. The stock was lighter in trading and has fluctuated between $0.36-$0.9 per share for the past year. The shares, which traded within a range of $0.37 to $0.39 during the day, are down by -30.91% in the past three months and down by -27.48% over the past six months. It is currently trading -9.92% below its 20 day moving average and -21.51% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $3.83 a share over the next twelve months. The current relative strength index (RSI) reading is 34.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Palatin Technologies, Inc., a biopharmaceutical company, develops targeted, receptor-specific peptide therapeutics for the treatment of various diseases in the United States. The company’s principal product is Bremelanotide, an as needed subcutaneous injectable peptide melanocortin receptor agonist, which is in the Phase III clinical studies for the treatment of premenopausal women with hypoactive sexual desire disorder (HSDD). Its drug development programs also include Melanocortin receptor-4 (MC4r) peptides and small molecule agonists that are under the preclinical trials for the treatment of conditions responsive to MC4r activation, including female sexual dysfunction, HSDD, erectile dysfunction, obesity, and diabetes; and Melanocortin receptor-1 peptide agonists, which are under preclinical studies for the treatment of inflammatory and dermatologic disease indications, as well as other Melanocortin receptors. In addition, the company is involved in the development of natriuretic peptide receptor-specific programs, including PL-3994, a natriuretic peptide receptor-A, which is in Phase II clinical studies for treatment of heart failure, acute exacerbations of asthma, and refractory hypertension. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.

 

Stocks To Track: Bioverativ Inc. (BIVV), Vista Outdoor Inc. (VSTO), RH (RH)

Bioverativ Inc. (BIVV) fell -0.92% during last trading as the stock lost $-0.41 to finish the day at $44.1 with about 2.58M shares changing hands, compared to its three month average trading volume of 8.25M. The $4.65B market cap company, which fluctuated between $43.64 and $44.97 during the day, currently situated 5.3% above its 52 week low of $41.88 and -4.96% away from its one year high of $46.4. The RSI of 0 indicates the stock is oversold at the current levels, buy for now.

Bioverativ Inc., a biotechnology company, focuses on the research, discovery, development, and commercialization of therapies for the treatment of hemophilia and other blood disorders in the United States and Japan. The company offers ELOCTATE, an antihemophilic factor (recombinant) Fc fusion protein; and ALPROLIX, a coagulation factor IX (recombinant) Fc fusion protein for the treatment of hemophilia A and B. It markets and sells its products to specialty distributors, specialty pharmacies, hemophilia treatment centers, public and private hospitals, and other government entities. The company has collaboration with Swedish Orphan Biovitrum AB (publ) to develop and commercialize ELOCTATE and ALPROLIX worldwide. The company was incorporated in 2016 and is headquartered in Waltham, Massachusetts. Bioverativ Inc. operates independently of Biogen Inc. as of February 1, 2017.

Vista Outdoor Inc. (VSTO) dropped $-0.06 to close the day at a new closing price of $20.31, a -0.29% decrease in value from its previous closing price that moved the stock 2.99% above its 52 week low of $19.72. A total of 2.57M shares exchanged hands during the day compared with its three month average trading volume of 1.41M. The stock, which fluctuated between $20.01 and $20.43 during the day, currently situated -62.33% below its 52 week high. The stock is down by -28.84% in the past one month and down by -47.4% over the past three months. With a one year target estimate of $33.25 and RSI of 19.21, the stock still has upside potential, making it a buy for now.

Vista Outdoor Inc. designs, manufactures, and markets consumer products for the outdoor sports and recreation markets worldwide. The company’s Shooting Sports segment designs, develops, produces, and sources ammunition for the hunting and sport shooting enthusiast markets, as well as for local law enforcement, the United States government, and international markets under the Federal Premium, Speer, American Eagle, Blazer, CCI, Estate Cartridge, Stevens, Fusion, Savage Arms, Savage Range Systems, Force on Force, and Independence brands; and provides firearms products, such as centerfire rifles, rimfire rifles, shotguns, and range systems. Its Outdoor Products segment offers archery/hunting accessories, such as hunting arrows, game calls, hunting blinds, game cameras, and waterfowl decoys; eyewear and sport protection products comprising safety and protective eyewear, fashion and sports eyewear, and helmets; golf products, including laser rangefinders; and hydration products consisting of hydration packs and water bottles. This segment also offers optics products, such as binoculars, riflescopes, and telescopes; shooting accessories, including reloading equipment, clay targets, and premium gun care products; tactical products comprising holsters, duty gear, bags, and packs; and water sports products, such as stand up paddle boards. It provides its products under the Alliant Powder, Bee Stinger, BLACKHAWK!, Bollé, Bushnell, Butler Creek, CamelBak, Cébé, Champion Target, Eagle, Final Approach, Gold Tip, GunMate, Gunslick Pro, Hoppe’s, Jimmy Styks, M-Pro 7, Millett, Night Optics, Outers, Primos, RCBS, Redfield, Serengeti, Simmons, Stoney Point, Tasco, Uncle Mike’s, and Weaver brand names. The company sells its products to outdoor enthusiasts, hunters and recreational shooters, athletes, and law enforcement and military professionals through various mass, specialty, and independent retailers. The company was incorporated in 2014 and is headquartered in Farmington, Utah.

RH (RH) had a active trading with around 2.57M shares changing hands compared to its three month average trading volume of 2.16M. The stock traded between $27 and $28.97 before closing at the price of $27.82 with 4.27% change on the day. The Corte Madera California 94925 based company is currently trading 13.97% above its 52 week low of $24.41 and -49.89% below its 52 week high of $54.54. Both the RSI indicator and target price of 51.22 and $37.64 respectively, lead us to believe that it should be put on hold over the coming weeks.

RH, together with its subsidiaries, engages in the retail of home furnishings. It offers products in various categories, such as furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company sells products through its stores and catalogs, as well as through its Websites, such as restorationhardware.com, rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com. As of October 29, 2016, it operated 85 retail galleries that include 51 legacy galleries, 6 larger format design galleries, 7 next generation design galleries, 1 RH modern gallery, and 5 RH baby & child galleries throughout the United States and Canada; 15 Waterworks showrooms in the United States and the United Kingdom; and 28 outlet stores. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was founded in 1979 and is headquartered in Corte Madera, California.

 

Eye Catching Stocks: SM Energy Company (SM), Apollo Global Management, LLC (APO), PAREXEL International Corporation (PRXL)

SM Energy Company (SM) continued its downward trend with the stock declining -1.71% or $-0.48 to close the day at $27.63 on light trading volume of 2.51M shares, compared to its three month average trading volume of 2.94M. The Denver Colorado 80203 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 173.1%, compared to the industry which has advanced 44.3% over the same period. With RSI of 31.48, the stock should still continue to rise and get closer to its one year target estimate of $44.05, making it a hold for now.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast region, which focuses primarily on Eagle Ford shale program; Rocky Mountain region comprising the Bakken and Three Forks formations in the North Dakota; and Permian region covering western Texas and southeastern New Mexico. As of December 31, 2015, the company had 471.3 million barrels of oil equivalent of estimated proved reserves; and working interests in 872 net productive oil wells and 653 net productive gas wells. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

Apollo Global Management, LLC (APO) fell -1.11% during last trading as the stock lost $-0.26 to finish the day at $23.08 with about 2.5M shares changing hands, compared to its three month average trading volume of 1.06M. The $4.25B market cap company, which fluctuated between $23 and $23.52 during the day, currently situated 87.53% above its 52 week low of $14.14 and -3.83% away from its one year high of $24. The RSI of 67.82 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds and mutual funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its alternative investments include investment in private equity and real estate markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, turnaround, corporate restructuring, special situation, acquisition, and industry consolidation transactions. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, natural resources, energy, packaging and materials, and satellite and wireless industries. It seeks to invest in companies based in across North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority positions in its portfolio companies. The firm seeks to make investments in the range of $200 million and $1.5 billion. Apollo Global Management, LLC was founded in 1990 and is headquartered in New York City, with additional offices in New York City; Bethesda, Maryland; Chicago, Illinois; Los Angeles, California; Purchase, New York; Houston, Texas; London, United Kingdom; Frankfurt, Germany; Mumbai, India; Central, Hong Kong; Singapore; and Luxembourg.

PAREXEL International Corporation (PRXL) saw its value increase by 1.74% as the stock gained $1.15 to finish the day at a closing price of $67.06. The stock was higher in trading and has fluctuated between $51.16-$72.32 per share for the past year. The shares, which traded within a range of $65.02 to $67.72 during the day, are up by 18.59% in the past three months and down by -3.84% over the past six months. It is currently trading -0.46% below its 20 day moving average and 0.8% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $63.46 a share over the next twelve months. The current relative strength index (RSI) reading is 52.17. The technical indicator lead us to believe there will be no major movement any time soon, hold.

PAREXEL International Corporation, a biopharmaceutical services company, provides clinical research, clinical logistics, medical communications, consulting, commercialization, and advanced technology products and services for pharmaceutical, biotechnology, and medical device industries worldwide. The company operates in three segments: Clinical Research Services (CRS), PAREXEL Consulting Services (PC), and PAREXEL Informatics (PI). The CRS segment offers clinical trials management, observational studies, patient/disease registries and post-marketing surveillance, data management and biostatistics, epidemiology and health economics/outcomes research, clinical logistics, pharmacovigilance, commercialization, and clinical pharmacology, as well as related medical affairs, patient recruitment, and investigator site services. The PC segment provides technical expertise and advice in various areas, such as drug development, regulatory affairs, product pricing and reimbursement, commercialization, and strategic compliance; and market development, product development, and targeted communications services in the support of product launch, as well as offers solutions to address client issues associated with product development, registration, and commercialization. The PI segment provides information technology solutions comprising ClinPhone randomization and trial supply management solutions, medical imaging services, IMPACT clinical trial management systems, LIQUENT InSight regulatory information management software and professional services, DataLabs electronic data capture systems, Web-based portals, systems integration services, electronic patient reported outcomes, and patient diary applications, as well as centralized assessment services for patient technology solutions, such as spirometry, electronic clinical outcomes, and wearables. The company was founded in 1983 and is headquartered in Waltham, Massachusetts.

 

Trader Alert: NiSource Inc. (NI), Atwood Oceanics, Inc. (ATW), MFA Financial, Inc. (MFA)

NiSource Inc. (NI) retreated with the stock falling -0.09% or $-0.02 to close at $22.23 on light trading volume of 2.47M compared its three months average trading volume of 2.73M. The Merrillville Indiana 46410 based company operating under the Diversified Utilities industry has been trending up for the last 52 weeks, with the shares price now 7.15% up for the period and up by 1.21% so far this year. With price target of $24.04 and a 9.56% rebound from 52-week low, NiSource Inc. has plenty of upside potential, making it a hold with a view buy.

NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. The company operates through two segments, Gas Distribution Operations and Electric Operations. It provides natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services. The company serves approximately 3.4 million natural gas customers and 463,000 electric customers in in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, and Massachusetts. It also owns and operates 3 coal-fired electric generating stations with a net capability of 2,540 megawatts (MW), 3 gas-fired generating units with a net capability of 196 MW, and 2 hydroelectric generating plants with a net capability of 10 MW, as well as a combined cycle gas turbine plant with a capacity of 535 MW. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana.

Atwood Oceanics, Inc. (ATW) dropped $-0.33 to close the day at a new closing price of $10.65, a -3.01% decrease in value from its previous closing price that moved the stock 90.18% above its 52 week low of $5.78. A total of 2.45M shares exchanged hands during the day compared with its three month average trading volume of 4.55M. The stock, which fluctuated between $10.56 and $11 during the day, currently situated -30.71% below its 52 week high. The stock is down by -22.99% in the past one month and up by 32.13% over the past three months. With a one year target estimate of $10.53 and RSI of 32.04, the stock still has upside potential, making it a hold for now.

Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. As of November 11, 2016, it owned a fleet of 10 mobile offshore drilling units. The company operates its fleet in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia, and offshore Australia. Atwood Oceanics, Inc. was founded in 1968 and is headquartered in Houston, Texas.

MFA Financial, Inc. (MFA) shares were up in last trading by 0.25% to $8.04. It experienced lighter than average volume on day. The stock increased in value by almost 0.12% over the past week and grew 2.81% in the past month. It is currently trading 3.27% above its 50 day moving average and 11.29% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.74% decrease in value from its one year high of $8.1. The RSI indicator value of 67.48, lead us to believe that it is a hold for now.

MFA Financial, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including agency and non-agency mortgage-backed securities (MBS), and residential whole loans, and credit risk transfer securities. Its MBS are secured by hybrid mortgages, adjustable-rate mortgages, and 15-year and longer term fixed-rate mortgages, as well as by mortgages that have interest rates that reset more frequently. The company has elected to be taxed as a REIT for the U.S. federal income tax purposes and would not be subject to income taxes, if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was founded in 1997 and is headquartered in New York, New York.

 

Investor’s Alert: Rice Energy Inc. (RICE), First Horizon National Corporation (FHN), Pitney Bowes Inc. (PBI)

Rice Energy Inc. (RICE) failed to extend gains with the stock declining -0.75% or $-0.16 to close the day at $21.12 on lower than average trading volume of 2.44M shares, compared to its three month average trading volume of 3.84M. The Canonsburg Pennsylvania 15317 based company has been outperforming the independent oil & gas companies by -8.2429% for last three months and its recent losses have pulled the stock down -1.08% YTD, versus the independent oil & gas industry which is down -2.18% for the same period. The RSI of 51.15 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Rice Energy Inc., an independent natural gas and oil company, engages in the acquisition, exploration, and development of natural gas, oil, and natural gas liquid (NGL) properties in the Appalachian Basin. The company operates through two segments, Exploration and Production, and Midstream. As of December 31, 2015, it held approximately 92,000 net acres in the southwestern core of the Marcellus Shale, Pennsylvania; and approximately 56,000 net acres in the southeastern core of the Utica Shale located in Belmont County, Ohio. The company also has operations in the Upper Devonian Shale located on Pennsylvania acreage. It had 120 net producing wells in the Marcellus Shale; 4 net producing wells in the Upper Devonian Shale; and 19 net producing wells in the Utica Shale. The company is also involved in the gathering and compression of natural gas, oil, and NGL; and the provision of water services to support well completion activities. Rice Energy Inc. was founded in 2008 and is based in Canonsburg, Pennsylvania.

First Horizon National Corporation (FHN) had a active trading with around 2.42M shares changing hands compared to its three month average trading volume of 2.15M. The stock traded between $20.16 and $20.45 before closing at the price of $20.33 with 0.1% change on the day. The Memphis Tennessee 38103 based company is currently trading 77.6% above its 52 week low of $11.66 and -2.45% below its 52 week high of $20.84. Both the RSI indicator and target price of 57 and $21.37 respectively, lead us to believe that it should be put on hold over the coming weeks.

First Horizon National Corporation operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally. The company offers general banking services for consumers, businesses, financial institutions, and governments. It also provides investment, financial planning, trust, asset management, and cash management services. In addition, the company is involved in fixed income securities sales, trading, and strategies for institutional clients; underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of portfolio advisory services. Further, it offers discount brokerage and full-service brokerage services; correspondent banking services; transaction processing services comprising nationwide check clearing and remittance processing services; trust, fiduciary, and agency services; credit card products; equipment finance; and investment and financial advisory services. Additionally, the company engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of December 31, 2015, it had 185 branch locations in 8 states, including 166 branches in Tennessee; 2 branches in northwestern Georgia; 6 branches in northwestern Mississippi; 7 branches in North Carolina; and 1 branch each in Virginia, South Carolina, Florida, and Texas. The company was founded in 1968 and is headquartered in Memphis, Tennessee.

Pitney Bowes Inc. (PBI) traded within a range of $13.22 to $13.48 after opening the day at $13.3. The company has seen its stock decrease in value by -12.11% so far this year. The stock was down close to -1.04% on light volume in last trading session and closed at $13.35 per share. After the recent fall, the stock is currently holding -36.72% below its 52 week high of $21.81 and 7.57% above its 12-month low of $12.41. The shares are down by over -9.62% in the last three months, and the RSI indicator value of 33.06 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement technology products and solutions in the United States and internationally. The company operates in three segments: Small & Medium Business Solutions; Enterprise Business Solutions; and Digital Commerce Solutions. The Small & Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment, software, and supplies; and provision of revolving credit and interest-bearing deposit solutions. The Enterprise Business Solutions segment offers equipment and services that enable large enterprises to process inbound and outbound mail. This segment provides production mail inserting and sortation equipment, production print systems, and supplies and related support services, as well as mail presort services. The Digital Commerce Solutions segment provides a range of solutions, including customer information management, location intelligence, customer engagement software, shipping management, and cross border ecommerce solutions as traditional software licenses, enterprise platforms, software-as-a-service, and on-demand applications, as well as offers related support services. The company’s solutions enable clients in marketing, shipping and mailing, and cross border ecommerce operations. Pitney Bowes Inc. sells its products through sales force, direct mailings, telemarketing, independent dealers and distributors, and Web channels to various business, governmental, institutional, and other organizations. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.

 

Trader’s Buzzers: Louisiana-Pacific Corporation (LPX), Superior Energy Services, Inc. (SPN), Cadence Design Systems, Inc. (CDNS)

Louisiana-Pacific Corporation (LPX) traded within a range of $23.54 to $24.3 after opening the day at $23.56. The company has seen its stock increase in value by 28.37% so far this year. The stock was up close to 2.97% on active volume in last trading session and closed at $24.3 per share. After the recent gain, the stock is currently holding 2.4% above its 52 week high of $24.3 and 71.01% above its 12-month low of $14.65. The shares are up by over 32.71% in the last three months, and the RSI indicator value of 81.37 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and sells building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction. It operates in four segments: North America Oriented Strand Board; Siding; Engineered Wood Products; and South America. The company offers structural panel products comprising plywood, including roof decking, sidewall sheathing, and floor underlayment; SmartSide siding products and related accessories, such as wood-based sidings, trim, soffit, and fascia; and CanExel siding and accessory products, including pre-finished lap and trim products. It also provides laminated veneer lumber, I-joists, laminated strand lumber, and other related products for residential and commercial flooring, roofing systems, headers and beams, and other structural applications; and timber and timberlands, and other products and services. The company sells its products to retail home centers, manufactured housing producers, distributors, and wholesalers primarily in North America and South America, as well as in Asia, Australia, and Europe. Louisiana-Pacific Corporation was founded in 1972 and is headquartered in Nashville, Tennessee.

Superior Energy Services, Inc. (SPN) failed to extend gains with the stock declining -2.89% or $-0.53 to close the day at $17.79 on light trading volume of 2.42M shares, compared to its three month average trading volume of 2.92M. The Houston Texas 77002 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 84.74%, compared to the industry which has advanced 30.27% over the same period. With RSI of 49.76, the stock should still continue to rise and get closer to its one year target estimate of $20.3, making it a hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

Cadence Design Systems, Inc. (CDNS) gained $0.18 to close the day at a new closing price of $30.1, a 0.6% increase in value from its previous closing price that moved the stock 48.13% above its 52 week low of $20.41. A total of 2.38M shares exchanged hands during the day compared with its three month average trading volume of 1.86M. The stock, which fluctuated between $29.56 and $30.18 during the day, currently situated 0.53% above its 52 week high. The stock is up by 16.67% in the past one month and up by 17.99% over the past three months. With a one year target estimate of $29.67 and RSI of 81.37, the stock still has upside potential, making it a sell for now.

Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (IP) for semiconductor and electronics systems industries worldwide. It offers functional verification products, including logic verification software that enables customers to coordinate verification activities across multiple teams and various specialists for verification planning and closure; and system design and verification products for hardware-software verification, as well as for system power exploration, analysis, and optimization. The company also provides digital integrated circuit (IC) design products, such as logic design products for chip planning, design, verification, and test technologies and services; physical implementation tools, including place and route, signal integrity, optimization, and double patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry, as well as design for manufacturing products for use in the product development process. In addition, it offers custom IC design and verification products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and RF designs; and system interconnect design products to develop printed circuit boards and IC packages. Further, the company provides design IP products consisting of pre-verified and customizable functional blocks to integrate into customer’s system-on-chips; and VIP and memory models for use in system-level verification to model correct behavior of full systems interacting with their environments. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

 

Momentum Stocks in Focus: Immunomedics, Inc. (IMMU), Uni-Pixel, Inc. (UNXL), SLM Corporation (SLM)

Immunomedics, Inc. (IMMU) continued its upward trend with the stock climbing 0.78% or $0.04 to close the day at $5.17 on light trading volume of 2.3M shares, compared to its three month average trading volume of 2.95M. The Morris Plains New Jersey 07950 based company has been outperforming the biotechnology group over the past 52 weeks, with the stock gaining 125.76%, compared to the industry which has advanced 0.95% over the same period. With RSI of 67.58, the stock should still continue to rise and get closer to its one year target estimate of $6, making it a hold for now.

Immunomedics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune disorders, and other diseases. The company engages in developing antibody-drug conjugate (ADC) products comprising IMMU-132, an ADC that contains SN-38, which is in Phase II trials used for the treatment of patients with metastatic triple-negative breast cancer, and small-cell and non-small-cell lung cancers; IMMU-130, an anti-CEACAN5-SN-38 ADC that is in Phase II trials for the treatment of solid tumors and metastatic colorectal cancer; and epratuzumab, a humanized antibody that targets CD22, an antigen found on the surface of B lymphocytes. Its early-stage products include IMMU-114, a novel humanized antibody for the treatment of patients with B-cell and other cancers; Milatuzumab, a humanized monoclonal antibody targeting tumors that expresses the CD74 antigen, which is present on various hematological tumors and solid cancers; Veltuzumab, a humanized monoclonal antibody targeting CD20 receptors on B lymphocytes for the treatment of non-Hodgkin lymphoma and autoimmune diseases; and Yttrium-90-Labeled Epratuzumab Tetraxetan, a radiolabeled anti-CD22 investigational product. The company also provides LeukoScan, a diagnostic imaging product for diagnostic imaging to determine the location and extent of infection/inflammation in bone. In addition, it offers other product candidates for the treatment of solid tumors and hematologic malignancies, as well as other diseases, which are in various stages of clinical and pre-clinical development. The company has a research collaboration with The Bayer Group to study epratuzumab as a thorium-227-labeled antibody. Immunomedics, Inc. was founded in 1982 and is headquartered in Morris Plains, New Jersey.

Uni-Pixel, Inc. (UNXL) grew with the stock adding 5.83% or $0.06 to close at $1.09 on light trading volume of 2.3M compared its three months average trading volume of 440.78K. The Santa Clara California 95054 based company operating under the Diversified Electronics industry has been trending up for the last 52 weeks, with the shares price now 106.44% up for the period and up by 10.9% so far this year. With price target of $3.35 and a 202.78% rebound from 52-week low, Uni-Pixel, Inc. has plenty of upside potential, making it a hold with a view buy.

Uni-Pixel, Inc. designs, develops, manufactures, and markets micro-structured polymer film materials and related technologies for the display, flexible electronics, and automotive industries in the United States. The company markets its touch screen films under the brand XTouch, as sub-components of a touch sensor module; and hard coat resin and optical films under the Diamond Guard brand. Uni-Pixel, Inc. was founded in 1998 and is headquartered in Santa Clara, California.

SLM Corporation (SLM) continued its upward trend with the stock climbing 0.16% or $0.02 to close the day at $12.47 on lower than average trading volume of 2.29M shares, compared to its three month average trading volume of 3.8M. The Newark Delaware 19713 based company has been outperforming the credit services companies by 33.9985% for last three months and its recent gains have pushed the stock slightly up 13.16% YTD, versus the credit services industry which is up 7.05% for the same period. The RSI of 73.73 indicates the stock is overbought at the current levels, sell for now.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for education company in the United States. It offers private education loans to students and their families. The company also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

 

Stock’s Trend Analysis Report: GoDaddy Inc. (GDDY), American Homes 4 Rent (AMH), PharmAthene, Inc. (PIP)

GoDaddy Inc. (GDDY) climbed 3.08% during last trading as the stock added $1.12 to finish the day at $37.46 with about 2.28M shares changing hands, compared to its three month average trading volume of 753.86K. The $6.23B market cap company, which fluctuated between $35.82 and $37.54 during the day, currently situated 48.59% above its 52 week low of $27.15 and 0.16% away from its one year high of $37.54. The RSI of 69.8 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

GoDaddy Inc. designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company offers domain name registration product that enables to engage customers at the initial stage of establishing a digital identity; hosting and presence products, including shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, security, and cloud services and cloud applications. It also provides Website builder, an online tool that enables customers to build Websites; online store product that allows customers to create their own standalone online store or add one to an existing Website; and search engine visibility product that helps customers get their Websites found on search sites through search engine optimization. In addition, the company offers business application products consisting of email accounts, Microsoft Office 365, and email marketing. The company was incorporated in 2014 and is headquartered in Scottsdale, Arizona.

American Homes 4 Rent (AMH) gained $0.03 to close the day at a new closing price of $22.94, a 0.13% increase in value from its previous closing price that moved the stock 73.3% above its 52 week low of $13.22. A total of 2.28M shares exchanged hands during the day compared with its three month average trading volume of 2.22M. The stock, which fluctuated between $22.65 and $23 during the day, currently situated -0.82% below its 52 week high. The stock is up by 10.18% in the past one month and up by 12.01% over the past three months. With a one year target estimate of $23.94 and RSI of 79.62, the stock still has upside potential, making it a sell for now.

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.

PharmAthene, Inc. (PIP) had a light trading with around 2.28M shares changing hands compared to its three month average trading volume of 3.9M. The stock traded between $1.06 and $1.1 before closing at the price of $1.07 with -2.73% change on the day. The Annapolis Maryland 21401 based company is currently trading 127.66% above its 52 week low of $0.47 and -69.43% below its 52 week high of $3.5. Both the RSI indicator and target price of 22.6 and $6 respectively, lead us to believe that it could rise over the coming weeks.

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.