Stocks Roundup: Abbott Laboratories (ABT), Yahoo! Inc. (YHOO), eBay Inc. (EBAY)

Abbott Laboratories (ABT) grew with the stock adding 0.45% or $0.2 to close at $44.2 on light trading volume of 8.98M compared its three months average trading volume of 9.16M. The Abbott Park Illinois 60064 based company operating under the Medical Appliances & Equipment industry has been trending up for the last 52 weeks, with the shares price now 18.3% up for the period and up by 15.82% so far this year. With price target of $47.23 and a 22.54% rebound from 52-week low, Abbott Laboratories has plenty of upside potential, making it a hold with a view buy.

Abbott Laboratories manufactures and sells health care products worldwide. The company’s Established Pharmaceutical Products segment offers branded generic pharmaceuticals to treat pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptoms; gynecological disorders; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière’s disease and vestibular vertigo; pain, fever, and inflammation; migraines; anti-infective clarithromycin; and influenza vaccines, as well as to regulate physiological rhythm of the colon. Its Diagnostic Products segment provides immunoassay and clinical chemistry systems; assays used to screen and/or diagnosis cancer, cardiac, drugs of abuse, fertility, infectious diseases, and therapeutic drug monitoring; hematology systems and reagents; diagnostic systems and cartridges; instruments to automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detects and measures infectious agents; genomic-based tests; informatics and automation solutions; and instrument used to identify infection-causing pathogens. The company’s Nutritional Products segment provides pediatric and adult nutritional products. Its Vascular Products segment offers coronary, endovascular, vessel closure, and structural heart devices to treat vascular disease. The company also provides blood and flash glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes; and medical devices for the eye, such as cataract and LASIK surgery, contact lens care, and dry eye products. In addition, it develops cardiovascular medical devices. It serves retailers, wholesalers, hospitals, health care facilities, laboratories, physicians’ offices, and government agencies. The company has strategic alliance with Fonterra. The company was founded in 1888 and is headquartered in Abbott Park, Illinois.

Yahoo! Inc. (YHOO) had a active trading with around 8.97M shares changing hands compared to its three month average trading volume of 8.82M. The stock traded between $45.01 and $45.69 before closing at the price of $45.16 with -1.07% change on the day. The Sunnyvale California 94089 based company is currently trading 61.63% above its 52 week low of $29.7 and -3.34% below its 52 week high of $46.72. Both the RSI indicator and target price of  and $46.76 respectively, lead us to believe that it could rise over the coming weeks.

Yahoo! Inc., together with its subsidiaries, provides search and display advertising services on Yahoo properties and affiliate sites worldwide. The company offers Yahoo Search that serves as a guide for users to discover information on the Internet; Yahoo Mail, which connects users to the people and content; and Yahoo Messenger, an instant messaging service, which enables users to connect, communicate, and share experiences in real-time. It also provides digital content products, including Yahoo News, which gives users to discover, consume, and engage around the news, content, and video; Yahoo Sports, which serves audiences of sports enthusiasts; Yahoo Finance that offers a range of financial data, information, and tools; Yahoo Lifestyle to engage users passionate about style and fashion; and Tumblr, which provides a Web platform and mobile applications on iOS and android to create, share, and curate content, as well as Tumblr messaging that enables users to engage with other users that share their same interests and passions. In addition, the company provides advertiser products, such as Yahoo Gemini, a marketplace for search and native advertising; and BrightRoll, which offers a suite of media-agnostic tools to enable advertisers, publishers, and partners connect with users across ad formats and devices. Further, it offers advertising formats; and digital advertising products, such as Yahoo native, Yahoo video, Yahoo premium, and Yahoo audience ads. Additionally, the company offers Yahoo Mobile Developer suite consisting of Flurry Analytics, Yahoo App Publishing, Yahoo App Marketing, and Tumblr In-App Sharing tools to measure, monetize, advertise, and improve their apps. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, California.

eBay Inc. (EBAY) saw its value decrease by -1.38% as the stock dropped $-0.47 to finish the day at a closing price of $33.54. The stock was lighter in trading and has fluctuated between $22.3-$34.15 per share for the past year. The shares, which traded within a range of $33.46 to $34.15 during the day, are up by 17.73% in the past three months and up by 9.57% over the past six months. It is currently trading 4.45% above its 20 day moving average and 9.12% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34.38 a share over the next twelve months. The current relative strength index (RSI) reading is 66.78.The technical indicator lead us to believe there will be no major movement any time soon, hold.

eBay Inc. operates commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. The company’s Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and Ticketbis platforms that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets. Its Classifieds platforms include a collection of brands, such as mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen, and others, which offer online classifieds to enable people find whatever they are looking for in their local communities. The company’s platforms enable users to find, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, classifieds, directories, search engines, commerce participants, shopping channels, and networks. eBay Inc. was founded in 1995 and is headquartered in San Jose, California.

 

Stock’s Trend Analysis Report: Wal-Mart Stores, Inc. (WMT), NIKE, Inc. (NKE), Comcast Corporation (CMCSA)

Wal-Mart Stores, Inc. (WMT) climbed 0.26% during last trading as the stock added $0.18 to finish the day at $68.87 with about 8.38M shares changing hands, compared to its three month average trading volume of 8.67M. The $214.95B market cap company, which fluctuated between $68.61 and $69.24 during the day, currently situated 13.66% above its 52 week low of $62.72 and -7.75% away from its one year high of $75.19. The RSI of 55.94 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. The company operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and samsclub.com. It offers grocery products, including meat, produce, natural and organics, deli and bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, floral and dry grocery, as well as consumables, such as health and beauty aids, baby products, household chemicals, paper goods, and pet supplies; and health and wellness products, which include pharmacy, optical services, clinical services, over-the-counter drugs, and other medical products. The company also provides electronics, toys, cameras and supplies, photo processing services, cellular phones, cellular service plan contracts and prepaid service, movies, music, video games, and books; stationery, automotive, hardware and paint, and sporting goods, as well as fabrics, crafts, and seasonal merchandise; apparel for women, girls, men, boys, and infants, as well as shoes, jewelry, and accessories; and home furnishings, housewares and small appliances, bedding, home decor, outdoor living, and horticulture products. The company also provides fuel and financial services and related products, including money orders, prepaid cards, wire transfers, money transfers, check cashing, and bill payment. In addition, it offers brand name merchandise, including hardgoods, softgoods, and selected private-label items, such as Member’s Mark. As of June 20, 2016, it operated 11,527 stores under 63 banners in 28 countries and e-commerce Websites in 11 countries. Wal-Mart Stores, Inc. was founded in 1945 and is headquartered in Bentonville, Arkansas.

NIKE, Inc. (NKE) dropped $-0.35 to close the day at a new closing price of $56.29, a -0.62% decrease in value from its previous closing price that moved the stock 15.27% above its 52 week low of $49.01. A total of 8.37M shares exchanged hands during the day compared with its three month average trading volume of 8.82M. The stock, which fluctuated between $56.1 and $56.92 during the day, currently situated -13.18% below its 52 week high. The stock is up by 5.67% in the past one month and up by 12.69% over the past three months. With a one year target estimate of $61.81 and RSI of 71.09, the stock still has upside potential, making it a sell for now.

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.

Comcast Corporation (CMCSA) had a light trading with around 8.3M shares changing hands compared to its three month average trading volume of 9.69M. The stock traded between $75.68 and $76.45 before closing at the price of $75.99 with -0.8% change on the day. The Philadelphia Pennsylvania 19103 based company is currently trading 36.55% above its 52 week low of $56.6 and -1.14% below its 52 week high of $76.87. Both the RSI indicator and target price of 65.2 and $82.39 respectively, lead us to believe that it should be put on hold over the coming weeks.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand. This segment also provides business services, such as Ethernet network services; and cellular backhaul services to mobile network operators. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international cable networks; and cable television studio production operations, as well as owns various digital media properties, which primarily include brand-aligned Websites. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo local broadcast television stations, broadcast television studio production operations, and related digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes filmed entertainment under the Universal Pictures, Illumination, Focus Features, and DreamWorks Animation names. This segment also develops, produces, and licenses stage plays. The Theme Parks segment operates Universal theme parks in Orlando, Florida, as well as in Hollywood, California; and Universal studios theme park in Osaka, Japan. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and operates arena management-related businesses. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

 

Traders Watch list: NetApp, Inc. (NTAP), The Kroger Co. (KR), Coty Inc. (COTY)

NetApp, Inc. (NTAP) saw its value increase by 4.19% as the stock gained $1.63 to finish the day at a closing price of $40.56. The stock was higher in trading and has fluctuated between $22.5-$42.18 per share for the past year. The shares, which traded within a range of $40.36 to $42.18 during the day, are up by 16.94% in the past three months and up by 42.12% over the past six months. It is currently trading 6.3% above its 20 day moving average and 10.31% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $37.04 a share over the next twelve months. The current relative strength index (RSI) reading is 74.83.The technical indicator do not lead us to believe the stock will see more gains any time soon.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers all-flash arrays that support data management across flash, disk, and cloud resources; hybrid arrays to deploy the speed of flash storage; Data ONTAP storage operating system that delivers integrated data protection, comprehensive data management, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; and SANtricity operating system, which provides performance, reliability, and data protection for application-driven workloads. The company also provides SolidFire element operating system optimized for the storage requirements of a data center; NetApp StorageGRID software that allows organizations to store and manage massive amounts of data on premises and in the cloud; and AltaVault cloud-integrated storage solutions and services, which provide the ability to backup data to any cloud. In addition, it offers integrated data protection solutions; OnCommand management software and management integration tools; FlexArray storage virtualization software; and NetApp private storage for cloud, a family of enterprise storage solutions. Further, the company offers software and hardware maintenance, professional, and customer education and training services, as well as support solutions. It serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. The company has a partnership with DarkMatter to jointly develop and deliver secure data storage and big data analytics solutions. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.

The Kroger Co. (KR) shares were up in last trading by 1.28% to $33.94. It experienced higher than average volume on day. The stock increased in value by almost 1.71% over the past week and fell -2.43% in the past month. It is currently trading 0.13% above its 50 day moving average and 1.88% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.87% decrease in value from its one year high of $40.91. The RSI indicator value of 51.98, lead us to believe that it is a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Coty Inc. (COTY) traded within a range of $18.67 to $19.91 after opening the day at $19.83. The company has seen its stock increase in value by 2.08% so far this year. The stock was down close to -5.46% on active volume in last trading session and closed at $18.69 per share. After the recent fall, the stock is currently holding -39.86% below its 52 week high of $31.6 and 4.88% above its 12-month low of $17.94. The shares are up by over 3.05% in the last three months, and the RSI indicator value of 47.02 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Coty Inc., together with its subsidiaries, manufactures, markets, and distributes beauty products worldwide. The company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care, and Brazil Acquisition. It offers fragrances under the Calvin Klein, Marc Jacobs, Davidoff, Chloé, Balenciaga, Beyoncé, Bottega Veneta, Guess?, Katy Perry, Miu Miu, and Roberto Cavalli brand names. The company also provides lip, eye, nail, and facial color products under the Bourjois, Rimmel, Sally Hansen, and OPI brands. In addition, it offers shower gels, deodorants, skin care, and sun treatment products under the adidas, Lancaster, philosophy, and Playboy brand names; and hair straighteners, hair dryers, curlers, and hair brushes; and spray, serum, cream, and foam product lines to curl, fix, protect, shine, straighten, and volumize hair. The company also markets its products under the Astor, Coty, Joop!, Jovan, Manhattan, and N.Y.C. New York Color brands. It sells its products through retailers, including hypermarkets, supermarkets, independent and chain drug stores and pharmacies, upscale perfumeries, upscale and mid-tier department stores, nail salons, specialty retailers, duty-free shops and traditional food, and drug and mass retailers. Coty Inc. was founded in 1904 and is headquartered in New York, New York.

 

Stocks on the Move: MetLife, Inc. (MET), KeyCorp (KEY), The Walt Disney Company (DIS)

MetLife, Inc. (MET) failed to extend gains with the stock declining -0.52% or $-0.28 to close the day at $53.65 on active trading volume of 7.51M shares, compared to its three month average trading volume of 5.86M. The New York New York 10166 based company has been outperforming the life insurance group over the past 52 weeks, with the stock gaining 41.65%, compared to the industry which has advanced 43.59% over the same period. With RSI of 51.97, the stock should still continue to rise and get closer to its one year target estimate of $59.86, making it a hold for now.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, including private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also offers group insurance products, such as variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and worksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products comprising guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets; and structured settlements and products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. It serves individuals and corporations, as well as other institutions and their employees. The company sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. MetLife, Inc. was founded in 1863 and is based in New York, New York.

KeyCorp (KEY) fell -0.58% during last trading as the stock lost $-0.11 to finish the day at $18.99 with about 7.24M shares changing hands, compared to its three month average trading volume of 12.85M. The $20.39B market cap company, which fluctuated between $18.85 and $19.11 during the day, currently situated 90.49% above its 52 week low of $10.15 and -1.15% away from its one year high of $19.21. The RSI of 61.8 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services. As of December 31, 2015, the company operated 966 retail banking branches and 1,257 automated teller machines in 12 states, as well as a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

The Walt Disney Company (DIS) saw its value increase by 0.48% as the stock gained $0.53 to finish the day at a closing price of $110.71. The stock was lighter in trading and has fluctuated between $89.61-$111.99 per share for the past year. The shares, which traded within a range of $110.09 to $110.87 during the day, are up by 14.19% in the past three months and up by 15.17% over the past six months. It is currently trading 1.31% above its 20 day moving average and 3.52% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $115.71 a share over the next twelve months. The current relative strength index (RSI) reading is 63.92. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

Stocks Alert: Johnson & Johnson (JNJ), The Blackstone Group L.P. (BX), Tesla, Inc. (TSLA)

Johnson & Johnson (JNJ) grew with the stock adding 0.75% or $0.88 to close at $118.08 on active trading volume of 7.11M compared its three months average trading volume of 6.78M. The New Brunswick New Jersey 08933 based company operating under the Drug Manufacturers – Major industry has been trending up for the last 52 weeks, with the shares price now 16.48% up for the period and up by 2.49% so far this year. With price target of $124.56 and a 19.45% rebound from 52-week low, Johnson & Johnson has plenty of upside potential, making it a hold with a view buy.

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates through three segments: Consumer, Pharmaceutical, and Medical Devices. The Consumer segment offers baby care products under the JOHNSON’S brand name; oral care products under the LISTERINE brand name; skin care products under the AVEENO, CLEAN & CLEAR, DABAO, JOHNSON’S Adult, LE PETITE MARSEILLAIS, LUBRIDERM, NEUTROGENA, and RoC brand names; women’s health products, such as sanitary pads under the STAYFREE and CAREFREE, and o.b. tampon brand names; wound care products, including adhesive bandages under the BAND-AID brand name and first aid products under the NEOSPORIN brand name. This segment also provides over-the-counter medicines, including acetaminophen products under the TYLENOL brand name; cold, flu, and allergy products under the SUDAFED brand name; allergy products under the BENADRYL and ZYRTEC brand names; ibuprofen products under the MOTRIN IB brand name; and heartburn products under the PEPCID brand name. The Pharmaceutical segment provides various products in the areas of immunology, infectious diseases and vaccines, neuroscience, oncology, and cardiovascular and metabolic diseases. The Medical Devices segment offers orthopaedic products; general surgery, biosurgical, endomechanical, and energy products; electrophysiology products to treat cardiovascular disease; sterilization and disinfection products to reduce surgical infection; blood glucose monitoring and insulin delivery products; and disposable contact lenses. The company offers its products to general public, retail outlets and distributors, wholesalers, hospitals, and health care professionals for prescription use, as well as for use in the professional fields by physicians, nurses, hospitals, eye care professionals, and clinics. Johnson & Johnson was founded in 1885 and is based in New Brunswick, New Jersey.

The Blackstone Group L.P. (BX) dropped $-0.54 to close the day at a new closing price of $30.4, a -1.75% decrease in value from its previous closing price that moved the stock 41.69% above its 52 week low of $22.45. A total of 7.11M shares exchanged hands during the day compared with its three month average trading volume of 5.14M. The stock, which fluctuated between $30.33 and $31.15 during the day, currently situated -2.97% below its 52 week high. The stock is up by 4.35% in the past one month and up by 19.17% over the past three months. With a one year target estimate of $35.13 and RSI of 54.18, the stock still has upside potential, making it a hold for now.

The Blackstone Group L.P. is a publicly owned hedge fund sponsor. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations, retirees, sovereign wealth funds, and institutional and individual investors. The firm manages separate client focused portfolios for its clients. It launches fixed income mutual funds. The firm also launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York, New York with additional offices in London, United Kingdom, Hong Kong, Beijing, China, Dubai, UAE, Dusseldorf, Germany, Los Angeles, Santa Monica, Mexico City, Mexico, Paris, France, Sao Paulo, Brazil, Seoul, Korea, Shanghai, China, Singapore, Sydney, Australia, Copenhagen, Denmark, and Tokyo, Japan.

Tesla, Inc. (TSLA) shares were down in last trading by -3.86% to $268.95. It experienced higher than average volume on day. The stock decreased in value by almost -0.09% over the past week and grew 12.83% in the past month. It is currently trading 16.49% above its 50 day moving average and 25.06% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -6.42% decrease in value from its one year high of $287.39. The RSI indicator value of 66.98, lead us to believe that it is a hold for now.

Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. The company primarily offers sedans and sport utility vehicles. It also offers electric vehicle powertrain components and systems to other manufacturers. The company sells its products through a network of Tesla stores and galleries, as well as through Internet. In addition, it designs, manufactures, installs, monitors, maintains, leases, and sells solar energy systems to government, residential, and commercial customers; and sells electricity generated by solar energy systems to customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

 

Stocks Intraday Alert: V.F. Corporation (VFC), Hewlett Packard Enterprise Company (HPE), Duke Energy Corporation (DUK)

V.F. Corporation (VFC) continued its downward trend with the stock declining -0.3% or $-0.15 to close the day at $50.37 on higher than average trading volume of 7.01M shares, compared to its three month average trading volume of 3.63M. The Greensboro North Carolina 27408 based company has been underperforming the textile – apparel clothing companies by -10.2647% for last three months and its recent losses have pulled the stock down -5.59% YTD, versus the textile – apparel clothing industry which is down -8.02% for the same period. The RSI of 44.9 indicates the stock is neither overvalued nor undervalued at the current levels, 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.

Hewlett Packard Enterprise Company (HPE) had a active trading with around 6.85M shares changing hands compared to its three month average trading volume of 10.3M. The stock traded between $24.21 and $24.48 before closing at the price of $24.33 with -0.21% change on the day. The Palo Alto California 94304 based company is currently trading 100.61% above its 52 week low of $12.82 and -1.59% below its 52 week high of $24.79. Both the RSI indicator and target price of 66.63 and $24.71 respectively, lead us to believe that it should be put on hold over the coming weeks.

Hewlett Packard Enterprise Company provides technology solutions to business and public sector enterprises. It operates through Enterprise Group, Software, Enterprise Services, and Financial Services segments. The Enterprise Group segment offers industry standard servers and mission-critical servers to address the array of its customers’ computing needs; converged storage solutions, including 3PAR StoreServ, StoreOnce, all-flash arrays, and software defined and StoreVirtual products; wireless local area network equipment, mobility and security software, switches, routers, and network management products; and support and technology consulting services. The Software segment offers software to capture, store, explore, analyze, protect, and share information and insights within and outside organizations; HP Vertica, an analytics database technology for machine, structured, and semi-structured data; and HP IDOL, an analytics tool for human information, as well as solutions for archiving, data protection, eDiscovery, information governance, and enterprise content management. This segment also provides application delivery management, enterprise security, and IT operations management software products. The Enterprise Services segment offers technology consulting, outsourcing, and support services in infrastructure, applications, and business process domains within traditional and strategic enterprise service (SES) offerings, which include analytics and data management, security, and cloud services. The Financial Services segment provides leasing, financing, IT consumption and utility programs, and asset management services. The company markets and sells its products through resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company is headquartered in Palo Alto, California.

Duke Energy Corporation (DUK) traded within a range of $76.77 to $79.21 after opening the day at $77.17. The company has seen its stock increase in value by 2.78% so far this year. The stock was up close to 2.76% on active volume in last trading session and closed at $78.9 per share. After the recent gain, the stock is currently holding -8.05% below its 52 week high of $87.75 and 13.63% above its 12-month low of $72.34. The shares are up by over 6.26% in the last three months, and the RSI indicator value of 63.84 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

 

Stocks To Watch: Boston Scientific Corporation (BSX), Delta Air Lines, Inc. (DAL), Reynolds American Inc. (RAI)

Boston Scientific Corporation (BSX) traded within a range of $25.13 to $25.52 after opening the day at $25.43. The company has seen its stock increase in value by 17.24% so far this year. The stock was down close to -0.2% on light volume in last trading session and closed at $25.36 per share. After the recent fall, the stock is currently holding -1.13% below its 52 week high of $25.65 and 52.59% above its 12-month low of $16.82. The shares are up by over 19.96% in the last three months, and the RSI indicator value of 74.38 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems. It also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters used to treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; implantable cardiac resynchronization therapy pacemaker systems used to treat heart failure; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising steerable radio frequency ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. Further, it provides products to diagnose and treat diseases of the pulmonary and gastrointestinal conditions; devices to diagnose, treat, and ease pulmonary disease systems within the airway and lungs; products to treat urinary stone disease and benign prostatic hyperplasia; mid-urethral sling products, sling and graft materials, pelvic floor reconstruction kits, and suturing devices; and spinal cord stimulator systems. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

Delta Air Lines, Inc. (DAL) failed to extend gains with the stock declining -0.66% or $-0.34 to close the day at $50.83 on light trading volume of 6.61M shares, compared to its three month average trading volume of 7.63M. The Atlanta Georgia 30354 based company has been outperforming the major airlines group over the past 52 weeks, with the stock gaining 10.87%, compared to the industry which has advanced 18.31% over the same period. With RSI of 58.85, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile applications/Web, telephone reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 2, 2017, the company operated a fleet of approximately 800 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Reynolds American Inc. (RAI) gained $0.28 to close the day at a new closing price of $60.71, a 0.46% increase in value from its previous closing price that moved the stock 41.12% above its 52 week low of $43.38. A total of 6.55M shares exchanged hands during the day compared with its three month average trading volume of 7.46M. The stock, which fluctuated between $60.27 and $60.83 during the day, currently situated -0.33% below its 52 week high. The stock is up by 4.67% in the past one month and up by 14.06% over the past three months. With a one year target estimate of $57.01 and RSI of 71.62, the stock still has upside potential, making it a sell for now.

Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

 

Stocks in Focus: Walgreens Boots Alliance, Inc. (WBA), Huntington Bancshares Incorporated (HBAN), CBRE Group, Inc. (CBG)

Walgreens Boots Alliance, Inc. (WBA) had a active trading with around 6.37M shares changing hands compared to its three month average trading volume of 3.87M. The stock traded between $84 and $86.12 before closing at the price of $85.65 with 1.66% change on the day. The Deerfield Illinois 60015 based company is currently trading 14.85% above its 52 week low of $75.74 and -2.23% below its 52 week high of $88. Both the RSI indicator and target price of 69.81 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.

Huntington Bancshares Incorporated (HBAN) failed to extend gains with the stock declining -0.35% or $-0.05 to close the day at $14.17 on active trading volume of 6.35M shares, compared to its three month average trading volume of 13.07M. The Columbus Ohio 43287 based company has been outperforming the regional – midwest banks group over the past 52 weeks, with the stock gaining 71.01%, compared to the industry which has advanced 54.25% over the same period. With RSI of 64.95, the stock should still continue to rise and get closer to its one year target estimate of $14.85, making it a hold for now.

Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company’s Retail and Business Banking segment offers financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance. The company’s Automobile Finance and Commercial Real Estate segment offers financing for the purchase of vehicles; financing the acquisition of new and used vehicle inventory of franchised automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, and other banking services; wealth management services, and retirement plan and corporate trust services; and brokerage, annuities, advisory, and other investment products. The company’s Home Lending segment offers consumer loans and mortgages. Huntington Bancshares Incorporated also provides equipment leasing; and online, mobile, and telephone banking services. The company was founded in 1866 and is headquartered in Columbus, Ohio.

CBRE Group, Inc. (CBG) shares were down in last trading by -1.19% to $35.02. It experienced higher than average volume on day. The stock increased in value by almost 10.93% over the past week and grew 14.78% in the past month. It is currently trading 10.9% above its 50 day moving average and 19.94% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.77% decrease in value from its one year high of $35.65. The RSI indicator value of 72.86, lead us to believe that it may reverse gains in the near term.

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

 

Stocks Under Consideration: Emerson Electric Co. (EMR), U.S. Bancorp (USB), Devon Energy Corporation (DVN)

Emerson Electric Co. (EMR) retreated with the stock falling -1.3% or $-0.83 to close at $62.9 on active trading volume of 6.23M compared its three months average trading volume of 3.68M. The St. Louis Missouri 63136 based company operating under the Industrial Electrical Equipment industry has been trending up for the last 52 weeks, with the shares price now 34.73% up for the period and up by 13.68% so far this year. With price target of $57.76 and a 42.14% rebound from 52-week low, Emerson Electric Co. has plenty of upside potential, making it a hold with a view buy.

Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The company’s Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. It also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. This segment serves oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metal and mining, and municipal water supplies markets. Its Industrial Automation segment provides fluid power and control products; electrical distribution equipment; and materials joining and precision cleaning products, as well as hermetic motors. The company’s Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls, and remote monitoring technology and services to residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and marine control areas. Its Commercial & Residential Solutions segment provides tools for professionals and homeowners; home storage systems; and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, Missouri.

U.S. Bancorp (USB) had a light trading with around 6.2M shares changing hands compared to its three month average trading volume of 6.92M. The stock traded between $54.55 and $55.08 before closing at the price of $55.01 with -0.24% change on the day. The Minneapolis Minnesota 55402 based company is currently trading 50.46% above its 52 week low of $37.48 and -0.65% below its 52 week high of $55.37. Both the RSI indicator and target price of  and $54 respectively, lead us to believe that it could rise over the coming weeks.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to the company’s customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as offers cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. It serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,133 banking offices primarily in the Midwest and West regions of the United States; and a network of 4,936 ATMs, as well as through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Devon Energy Corporation (DVN) saw its value decrease by -0.27% as the stock dropped $-0.12 to finish the day at a closing price of $44.11. The stock was higher in trading and has fluctuated between $18.07-$50.69 per share for the past year. The shares, which traded within a range of $44.03 to $45.23 during the day, are down by -1.86% in the past three months and up by 2.12% over the past six months. It is currently trading -3.32% below its 20 day moving average and -5.17% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $53.11 a share over the next twelve months. The current relative strength index (RSI) reading is 40.57.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It operates approximately 19,000 wells. The company also offers midstream energy services, including gathering, transmission, processing, fractionation, and marketing to producers of natural gas, NGLs, crude oil, and condensate through its natural gas pipelines, plants, and treatment facilities. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

 

Stocks In Queue: CBS Corporation (CBS), Newmont Mining Corporation (NEM), PayPal Holdings, Inc. (PYPL)

CBS Corporation (CBS) climbed 0.28% during last trading as the stock added $0.18 to finish the day at $65.42 with about 5.98M shares changing hands, compared to its three month average trading volume of 3.9M. The $30.62B market cap company, which fluctuated between $64.08 and $65.59 during the day, currently situated 52.09% above its 52 week low of $44.9 and -2.18% away from its one year high of $66.88. The RSI of 60.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

Newmont Mining Corporation (NEM) gained $0.54 to close the day at a new closing price of $37.57, a 1.46% increase in value from its previous closing price that moved the stock 63.11% above its 52 week low of $24.08. A total of 5.79M shares exchanged hands during the day compared with its three month average trading volume of 7.58M. The stock, which fluctuated between $37.26 and $37.69 during the day, currently situated -18.28% below its 52 week high. The stock is up by 6.55% in the past one month and up by 10.96% over the past three months. With a one year target estimate of $39.88 and RSI of 62.28, the stock still has upside potential, making it a hold for now.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

PayPal Holdings, Inc. (PYPL) had a light trading with around 5.73M shares changing hands compared to its three month average trading volume of 6.67M. The stock traded between $41.7 and $42.31 before closing at the price of $42.15 with 0.67% change on the day. The San Jose California 95131 based company is currently trading 23.97% above its 52 week low of $34 and -5.32% below its 52 week high of $44.52. Both the RSI indicator and target price of 66.92 and $46.83 respectively, lead us to believe that it should be put on hold over the coming weeks.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company’s platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.