Xilinx Inc. (XLNX) failed to extend gains with the stock declining -0.39% or $-0.2 to close the day at $51.57 on light trading volume of 1.69M shares, compared to its three month average trading volume of 2.45M. The San Jose California 95124 based company has been outperforming the semiconductor – integrated circuits group over the past 52 weeks, with the stock gaining 21.86%, compared to the industry which has advanced 27.97% over the same period. With RSI of 71.5, the stock should still continue to rise and get closer to its one year target estimate of $50.69, making it a hold for now.
Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP). The company also offers development boards; development kits, including hardware, design tools, IP, and reference designs that are designed to streamline and accelerate the development of domain-specific and market-specific applications; and configuration products, such as one-time programmable and in-system programmable storage devices to configure field programmable gate arrays. In addition, it provides design services, customer training, field engineering, and technical support. The company offers its products to electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement. Xilinx, Inc. sells its products through a network of independent distributors; and through direct sales to original equipment manufacturers and electronic manufacturing service providers by a network of independent sales representative firms and by a direct sales management organization. The company was founded in 1984 and is headquartered in San Jose, California.
Lincoln National Corporation (LNC) climbed 1.38% during last trading as the stock added $0.63 to finish the day at $46.14 with about 1.69M shares changing hands, compared to its three month average trading volume of 2.57M. The $10.98B market cap company, which fluctuated between $45.54 and $46.4 during the day, currently situated 53.84% above its 52 week low of $30.39 and -18.31% away from its one year high of $57.54. The RSI of 62.97 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The company sells a range of wealth protection, accumulation, and retirement income products and solutions. Its products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, and employer-sponsored retirement plans and services, as well as group life, disability, and dental products. Lincoln National Corporation also provides various plan investment vehicles, including individual and group variable annuities, group fixed annuities, and mutual fund-based programs; single and survivorship versions of UL and VUL, including corporate-owned UL and VUL, and bank-owned UL and VUL insurance products; and group non-medical insurance products, principally term life, universal life, disability, dental, vision, accident, and critical illness insurance to the employer market place through various forms of contributory and non-contributory plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1904 and is headquartered in Radnor, Pennsylvania.
CMS Energy Corp. (CMS) saw its value decrease by -0.32% as the stock dropped $-0.14 to finish the day at a closing price of $43.55. The stock was lighter in trading and has fluctuated between $31.86-$46.25 per share for the past year. The shares, which traded within a range of $43.44 to $43.98 during the day, are up by 5.95% in the past three months and up by 10.91% over the past six months. It is currently trading -2.4% below its 20 day moving average and -0.85% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $45.4 a share over the next twelve months. The current relative strength index (RSI) reading is 39.21. The technical indicator lead us to believe there will be no major movement any time soon, hold.
CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity to residential, commercial, and diversified industrial customers in Michigans Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants. This segments distribution system includes 434 miles of high-voltage distribution radial lines; 4,251 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 56,023 miles of electric distribution overhead lines; 10,383 miles of underground distribution lines; and substations with an aggregate transformer capacity of 24 million thousand volt-amperes. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segments gas transmission, storage, and distribution system comprises 1,686 miles of transmission lines; 15 gas storage fields with a total storage capacity of 309 billion cubic feet and a working gas volume of 151 billion cubic feet; 27,537 miles of distribution mains; and 7 compressor stations with a total of 157,939 installed and available horsepower. The Enterprises segment engages in the independent power production and marketing activities. As of December 31, 2015, this segment had ownership interests in independent power plants fueled by natural gas and biomass totaling 1,177 megawatts. The company also provides unsecured consumer installment loans for financing home improvements. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.