Stocks Trending Alert: Amicus Therapeutics, Inc. (FOLD), Duke Energy Corporation (DUK), Maxim Integrated Products, Inc. (MXIM)

Amicus Therapeutics, Inc. (FOLD) saw its value decrease by -0.37% as the stock dropped $-0.02 to finish the day at a closing price of $5.39. The stock was lighter in trading and has fluctuated between $4.41-$9.83 per share for the past year. The shares are down by -22.33% in the past three months and down by -8.64% over the past six months. It is currently trading 3.33% above its 20 day moving average and -16.9% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $10.69 a share over the next twelve months. The current relative strength index (RSI) reading is 42.13.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Amicus Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines for various rare and orphan diseases. Its principal product is the migalastat HCl, a small molecule, which has completed Phase III studies that can be used as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease. The company is also developing SD-101, which is in Phase III clinical study for the treatment of the genetic connective tissue disorder epidermolysis bullosa; ATB200 that is in Phase II studies to treat pompe disease; AT2221, which is in Phase II studies for the treatment of pompe disease; and AT3375 to treat Parkinson’s disease. The company has strategic alliance with GlaxoSmithKline plc to develop and commercialize migalastat as a monotherapy and in combination with ERT for Fabry disease. Amicus Therapeutics, Inc. was founded in 2002 and is headquartered in Cranbury, New Jersey.

Duke Energy Corporation (DUK) shares were up in last trading by 0.05% to $77.5. It experienced lighter than average volume on day. The stock increased in value by almost 1.31% over the past week and grew 1.93% in the past month. It is currently trading 2% above its 50 day moving average and -1.21% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -10.68% decrease in value from its one year high of $87.75. The RSI indicator value of 56.23, lead us to believe that it is a hold for now.

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

Maxim Integrated Products, Inc. (MXIM) opening the day at $40.76. The company has seen its stock increase in value by 6.87% so far this year. The stock was up close to 1.2% on active volume in last trading session and closed at $41.22 per share. After the recent gain, the stock is currently holding -1.46% below its 52 week high of $42.37 and 40.69% above its 12-month low of $30.28. The shares are up by over 8.8% in the last three months, and the RSI indicator value of 61.98 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits in the United States, China, other countries in Asia, Europe, and internationally. It also provides a range of high-frequency process technologies and capabilities for use in custom designs. The company serves automotive, communications and data center, computing, consumer, and industrial markets. It markets its products through a direct-sales and applications organization, as well as through its own and other unaffiliated distribution channels. Maxim Integrated Products, Inc. was founded in 1983 and is headquartered in San Jose, California.

 

Stocks on Trader’s Radar: Hovnanian Enterprises, Inc. (HOV), International Paper Company (IP), PPL Corporation (PPL)

Hovnanian Enterprises, Inc. (HOV) managed to rebound with the stock climbing 4.17% or $0.09 to close the day at $2.25 on active trading volume of 2.23M shares, compared to its three month average trading volume of 1.91M. The Red Bank New Jersey 07701 based company has been outperforming the residential construction group over the past 52 weeks, with the stock gaining 65.44%, compared to the industry which has advanced 16.94% over the same period. With RSI of 38.33, the stock should still continue to rise and get closer to its one year target estimate of $1.78, making it a hold for now.

Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters in 167 communities in 33 markets. It also provides financial services comprising originating mortgages from homebuyers and selling such mortgages in the secondary market, as well as offers title insurance services. The company was founded in 1959 and is headquartered in Red Bank, New Jersey.

International Paper Company (IP) climbed 0.08% during last trading as the stock added $0.04 to finish the day at $53.03 with about 2.22M shares changing hands, compared to its three month average trading volume of 2.63M. The $21.86B market cap company, which fluctuated between $52.66 and $53.2 during the day, currently situated 70.35% above its 52 week low of $32.5 and -3.02% away from its one year high of $54.68. The RSI of 51.99 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end use applications, including brochures, pamphlets, greeting cards, books, annual reports, and direct mail, as well as envelopes, tablets, business forms, and file folders. This segment sells uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brand names. It also produces pulp for manufacturing printing, writing, and specialty papers, as well as towels and tissues, filtration products, diapers, and sanitary napkins. The Consumer Packaging segment offers coated paperboards for various packaging and foodservice end uses, such as food, cosmetics, pharmaceuticals, and tobacco products under the Everest, Fortress, and Starcote brand names. This segment also produces cups, lids, food containers, and plates. The company sells its packaging products, paper products, and other products directly to end users and converters, as well as through agents, resellers, and paper distributors. International Paper Company was founded in 1898 and is headquartered in Memphis, Tennessee.

PPL Corporation (PPL) saw its value decrease by -0.43% as the stock dropped $-0.15 to finish the day at a closing price of $34.54. The stock was lighter in trading and has fluctuated between $32.08-$39.92 per share for the past year. The shares, which traded within a range of $34.48 to $34.74 during the day, are up by 5.69% in the past three months and down by -4.97% over the past six months. It is currently trading 0.67% above its 20 day moving average and 2.65% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $36.27 a share over the next twelve months. The current relative strength index (RSI) reading is 57.95. The technical indicator lead us to believe there will be no major movement any time soon, hold.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

 

Trader’s Round Up: New York REIT, Inc. (NYRT), Vector Group Ltd. (VGR), Bed Bath & Beyond Inc. (BBBY)

New York REIT, Inc. (NYRT) grew with the stock adding 0.1% or $0.01 to close at $9.87 on light trading volume of 2.22M compared its three months average trading volume of 2.75M. The New York New York 10022 based company operating under the REIT – Office industry has been trending down for the last 52 weeks, with the shares price now -5.85% down for the period and down by -2.47% so far this year. With price target of $11.13 and a 14.57% rebound from 52-week low, New York REIT, Inc. has plenty of upside potential, making it a hold with a view buy.

New York REIT, Inc. focuses on acquiring commercial real estate, as well as acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City. It intends to qualify as a real estate investment trust for the U.S. federal income tax purposes. The company was formerly known as American Realty Capital New York Recovery REIT, Inc. New York REIT, Inc. was founded in October 2009 and is based in New York, New York.

Vector Group Ltd. (VGR) gained $0.9 to close the day at a new closing price of $23.21, a 4.03% increase in value from its previous closing price that moved the stock 33.16% above its 52 week low of $19.33. A total of 2.21M shares exchanged hands during the day compared with its three month average trading volume of 816.37K. The stock, which fluctuated between $22.53 and $23.24 during the day, currently situated 1.09% above its 52 week high. The stock is up by 6.82% in the past one month and up by 16.34% over the past three months. With a one year target estimate of $27 and RSI of 71.07, the stock still has upside potential, making it a sell for now.

Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates through Tobacco, E-Cigarettes, and Real Estate segments. The company produces cigarettes in 117 combinations under the EAGLE 20’s, PYRAMID, GRAND PRIX, LIGGETT SELECT, and EVE brand names, as well as USA and various partner brands, and private label brands. It also sells electronic cigarettes. In addition, the company provides residential brokerage, relocation, and real estate sales and marketing services, as well as title and settlement services to real estate companies and financial institutions; manages cooperatives, condominiums, and apartments; invests in, acquires, and owns real estate properties; and engages in land development activities. Further, it operates elliman.com, which enables property search services and offers market information, as well as building and neighborhood guides, and other interactive content; and AskElliman.com that facilitates communication with consumers, providing them with access to information from real estate to mortgage financing, to specific neighborhoods. Vector Group Ltd. markets and sells its cigarettes to candy and tobacco distributors, as well as grocery, drug, and convenience store chains. The company was formerly known as Brooke Group Ltd. Vector Group Ltd. was founded in 1911 and is based in Miami, Florida.

Bed Bath & Beyond Inc. (BBBY) shares were down in last trading by -0.12% to $41.09. It experienced lighter than average volume on day. The stock increased in value by almost 0.83% over the past week and fell -13.86% in the past month. It is currently trading -5.8% below its 50 day moving average and -6.58% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -21.38% decrease in value from its one year high of $52.71. The RSI indicator value of 39.39, lead us to believe that it is a hold for now.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and juvenile products. It also provides various textile products, amenities, and other goods to institutional customers in the hospitality, cruise line, healthcare, and other industries. The company operates stores under the Bed Bath & Beyond (BBB); Christmas Tree Shops; Christmas Tree Shops andThat! or andThat! (CTS); Harmon or Harmon Face Values (Harmon); buybuy BABY (Baby); and World Market, Cost Plus World Market, and Cost Plus (Cost Plus World Market) names. As of February 27, 2016, the company had a total of 1,530 stores, including 1,020 BBB stores; 276 stores under the names of Cost Plus World Market; 105 Baby stores; 78 stores under the CTS names; and 51 stores under the Harmon names in 50 states, the District of Columbia, Puerto Rico, and Canada, as well as through bedbathandbeyond.com, bedbathandbeyond.ca, christmastreeshops.com, andthat.com, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca, worldmarket.com, and ofakind.com Websites. In addition, it operates PersonalizationMall.com that offers personalized gifts. Bed Bath & Beyond Inc. was founded in 1971 and is based in Union, New Jersey.

 

Stocks Highlights: Pitney Bowes Inc. (PBI), Zions Bancorporation (ZION), Amyris, Inc. (AMRS)

Pitney Bowes Inc. (PBI) had a light trading with around 2.14M shares changing hands compared to its three month average trading volume of 2.52M. The stock traded between $16.06 and $16.36 before closing at the price of $16.21 with -0.06% change on the day. The Stamford Connecticut 06926 based company is currently trading 15.45% above its 52 week low of $14.22 and -23.16% below its 52 week high of $21.81. Both the RSI indicator and target price of 58.87 and $19.17 respectively, lead us to believe that it should be put on hold over the coming weeks.

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.

Zions Bancorporation (ZION) managed to rebound with the stock climbing 1.7% or $0.71 to close the day at $42.48 on light trading volume of 2.14M shares, compared to its three month average trading volume of 3.15M. The Salt Lake City Utah 84133 based company has been outperforming the regional – pacific banks group over the past 52 weeks, with the stock gaining 95.59%, compared to the industry which has advanced 52.39% over the same period. With RSI of 50.45, the stock should still continue to rise and get closer to its one year target estimate of $44.4, 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.

Amyris, Inc. (AMRS) shares were down in last trading by -2.2% to $0.67. It experienced lighter than average volume on day. The stock decreased in value by almost -15.65% over the past week and fell -8.81% in the past month. It is currently trading -13.22% below its 50 day moving average and 1.73% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -58.6% decrease in value from its one year high of $1.63. The RSI indicator value of 37.49, lead us to believe that it is a hold for now.

Amyris, Inc. provides various alternatives to a range of petroleum-sourced products worldwide. The company uses its industrial bioscience technology to design microbes primarily yeast, as well as to convert plant-sourced sugars into renewable hydrocarbons. It produces and sells Biofene that converts to squalane, which is used as an emollient in cosmetics and other personal care products; and natural oils and aroma chemicals for the flavors and fragrances market. The company also provides renewable solvents, polymers, and renewable lubricants for industrial applications; and renewable fuels for transportation fuels market. It has a collaboration partnership with Total S.A. to produce and commercialize Biofene-based diesel and jet fuels. The company was formerly known as Amyris Biotechnologies, Inc. and changed its name to Amyris, Inc. in June 2010. Amyris, Inc. was founded in 2003 and is headquartered in Emeryville, California.

 

Traders Recap: Sunoco Logistics Partners L.P. (SXL), GameStop Corp. (GME), Amkor Technology, Inc. (AMKR)

Sunoco Logistics Partners L.P. (SXL) failed to extend gains with the stock declining -2.84% or $-0.7 to close the day at $23.94 on lower than average trading volume of 2.19M shares, compared to its three month average trading volume of 2.69M. The Newtown Square Pennsylvania 19073 based company has been outperforming the oil & gas pipelines companies by -8.0946% for last three months and its recent losses have pulled the stock down -0.33% YTD, versus the oil & gas pipelines industry which is up 1.49% for the same period. The RSI of 44.25 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Sunoco Logistics Partners L.P. transports, terminals, and stores crude oil, refined products, and natural gas liquids (NGLs). Its Crude Oil segment provides transportation, terminalling, and acquisition and marketing services to crude oil markets in the southwest, Midwest, and northeastern United States. It contains approximately 5,900 miles of crude oil trunk and gathering pipelines; and has interests in 3 crude oil pipelines. The segment also operates with an aggregate storage capacity of approximately 28 million barrels, including approximately 24 million barrels in Nederland, Texas; and approximately 3 million barrels in Pennsylvania. The Natural Gas Liquids segment offers transportation, storing, and acquisition and marketing activities that include pipelines, storage and blending facilities, and strategic off-take locations that provide access to multiple NGLs markets. It contains approximately 900 miles of NGLs pipelines located in the northeast and southwest United States. The segment operates with storage capacity of approximately 5 million barrels, including approximately 1 million barrels in Texas; and 3 million barrels in Pennsylvania. It also engages in blending activities. The Refined Products segment provides transportation and terminalling services in the northeast, Midwest, and southeast United States. It operates approximately 1,800 miles of refined products pipelines; 40 active refined products marketing terminals; and storage capacity of approximately 8 million barrels. Sunoco Partners LLC serves as the general partner of the company. The company was founded in 2001 and is based in Newtown Square, Pennsylvania.

GameStop Corp. (GME) had a light trading with around 2.18M shares changing hands compared to its three month average trading volume of 2.8M. The stock traded between $22.9 and $23.61 before closing at the price of $23.49 with 0.64% change on the day. The Grapevine Texas 76051 based company is currently trading 18.61% above its 52 week low of $20.1 and -27.43% below its 52 week high of $33.72. Both the RSI indicator and target price of 41.25 and $27.76 respectively, lead us to believe that it should be put on hold over the coming weeks.

GameStop Corp. operates as an omnichannel video game retailer. It sells new and pre-owned video game hardware; physical and digital video game software; pre-owned and value video game products; video game accessories, such as controllers, gaming headsets, memory cards, and other add-ons for use with video game hardware and software; and digital products, including downloadable content, network points cards, prepaid digital and subscription cards, and digitally downloadable software. The company also sells mobile and consumer electronics, including smart phones, tablets, headphones, and accessories, as well as pre-owned smart phones; personal computer (PC) entertainment software in various genres, including sports, action, strategy, adventure/role playing, and simulation; and strategy guides, magazines, and gaming-related toys. In addition, it operates electronic commerce Websites comprising gamestop.com, ebgames.com.au, ebgames.co.nz, gamestop.ca, gamestop.it, gamestop.ie, gamestop.de, gamestop.co.uk, thinkgeek.com, and micromania.fr. Further, the company operates kongregate.com, a browser-based game site; Game Informer magazine, a print and digital video game publication; iOS and Android mobile applications; Simply Mac, a certified Apple consumer electronic products reseller; and Spring Mobile, an authorized AT&T reseller operating pre-paid wireless stores under the Cricket Wireless name that offers prepaid services, devices, and accessories. As of January 30, 2016, it operated approximately 7,117 stores in the United States, Australia, Canada, and Europe. GameStop Corp. primarily offers its products under the GameStop, EB Games, and Micromania names. The company, formerly known as GSC Holdings Corp., was founded in 1994 and is headquartered in Grapevine, Texas.

Amkor Technology, Inc. (AMKR) opening the day at $9.9. The company has seen its stock decrease in value by -6.54% so far this year. The stock was up close to 0.72% on active volume in last trading session and closed at $9.86 per share. After the recent gain, the stock is currently holding -20.99% below its 52 week high of $12.48 and 141.08% above its 12-month low of $4.09. The shares are up by over 5.68% in the last three months, and the RSI indicator value of 34.33 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer backgrinds, package design, packaging, and test and drop shipment services. Its packages employ wirebond, flip chip, and copper clip interconnect technologies. The company also provides semiconductor testing services, such as wafer testing or probe, and final test services; flip chip chip scale package products for use in smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory, and as applications processors in mobile devices; flip chip ball grid array (BGA) products for various networking, storage, computing, and consumer applications; and flip chip molded BGA packages. In addition, it offers leadframe packages that are used in electronic devices for low to medium pin count applications; substrate-based wirebond packages that are used to connect a die to a substrate; micro-electro-mechanical systems packages that are miniaturized mechanical and electro-mechanical devices; and system-in-package modules, which are used in RF and front end modules, baseband processing, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid state drives. The company primarily serves integrated device manufacturers, fabless semiconductor companies, and contract foundries, as well as communications, consumer, networking, computing, and automotive and industrial markets. Amkor Technology, Inc. was founded in 1968 and is headquartered in Tempe, Arizona.

 

Stocks In Action: Sally Beauty Holdings, Inc. (SBH), Stillwater Mining Company (SWC), PPG Industries, Inc. (PPG)

Sally Beauty Holdings, Inc. (SBH) traded within a range of $25.24 to $26.03 after opening the day at $25.93. The company has seen its stock decrease in value by -1.48% so far this year. The stock was up close to 0.15% on active volume in last trading session and closed at $26.03 per share. After the recent gain, the stock is currently holding -20.95% below its 52 week high of $32.93 and 9.74% above its 12-month low of $23.72. The shares are up by over 0.15% in the last three months, and the RSI indicator value of 47.11 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Sally Beauty Holdings, Inc., together with its subsidiaries, operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care, skin and nail care, beauty sundries, and styling tools for retail customers and salon professionals. This segment also provides products under third-party brands, such as Clairol, CHI, China Glaze, OPI, and Conair, as well as exclusive-label merchandise. As of September 30, 2016, it operated 3,763 company-operated retail stores under the Sally Beauty banner in the United States, Canada, Mexico, Chile, Colombia, Peru, the United Kingdom, Ireland, Belgium, France, Germany, the Netherlands, and Spain; and 18 franchised stores in the United Kingdom, Belgium, and certain other European countries. The Beauty Systems Group segment offers professional beauty products, including hair color and care, skin and nail care, beauty sundries, and styling tools directly to salons and salon professionals through its sales force, as well as through company-operated and franchised stores. This segment also sells products under third-party brands, such as Paul Mitchell, Wella, Sebastian, Goldwell, Joico, and Aquage. This segment had 1,174 company-operated stores under the CosmoProf banner in the United States and Canada, as well as 164 franchised stores in the United States, Canada, Mexico, and certain European countries. The company also distributes its products through full-service/exclusive distribution, open-line distribution, directly, and mega-salon stores. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.

Stillwater Mining Company (SWC) managed to rebound with the stock climbing 0.35% or $0.06 to close the day at $17.04 on light trading volume of 2.17M shares, compared to its three month average trading volume of 3.25M. The Littleton Colorado 80120 based company has been outperforming the industrial metals & minerals group over the past 52 weeks, with the stock gaining 222.12%, compared to the industry which has advanced 126.37% over the same period. With RSI of 65.89, the stock should still continue to rise and get closer to its one year target estimate of $18.16, making it a hold for now.

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

PPG Industries, Inc. (PPG) gained $0.72 to close the day at a new closing price of $96.69, a 0.75% increase in value from its previous closing price that moved the stock 11.14% above its 52 week low of $88.37. A total of 2.14M shares exchanged hands during the day compared with its three month average trading volume of 1.73M. The stock, which fluctuated between $95.66 and $96.85 during the day, currently situated -16.38% below its 52 week high. The stock is up by 0.61% in the past one month and up by 4.79% over the past three months. With a one year target estimate of $110.2 and RSI of 52.84, the stock still has upside potential, making it a hold for now.

PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. It operates in three segments: Performance Coatings, Industrial Coatings, and Glass. The Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; coatings, sealants, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; and chemical management services. This segment also offers protective and marine coatings and finishes for the protection of metals and structures to metal fabricators and heavy duty maintenance contractors, as well as to the manufacturers of ships, bridges, and rail cars; architectural coatings used by painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and purchased sundries to painting contractors and consumers. The Industrial Coatings segment provides adhesives and sealants for the automotive industry; metal pretreatments and related chemicals for industrial and automotive applications; precipitated silicas for tire, battery separator, and other markets; substrates used in radio frequency identification tags and labels, e-passports, drivers’ licenses, and identification cards; organic light emitting diode materials for use in displays and lighting; optical lens materials and photochromic dyes for optical lenses and color-change products. The Glass segment produces flat and fiber glass for use in commercial and residential construction, wind energy, energy infrastructure, transportation, and electronics industries. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania.

 

Equities Trend Analysis: Fortinet, Inc. (FTNT), Alexion Pharmaceuticals, Inc. (ALXN), Danaher Corporation (DHR)

Fortinet, Inc. (FTNT) grew with the stock adding 0.47% or $0.15 to close at $31.85 on light trading volume of 2.12M compared its three months average trading volume of 2.5M. The Sunnyvale California 94086 based company operating under the Application Software industry has been trending up for the last 52 weeks, with the shares price now 20.37% up for the period and up by 5.74% so far this year. With price target of $35.48 and a 37.52% rebound from 52-week low, Fortinet, Inc. has plenty of upside potential, making it a hold with a view buy.

Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, Web filtering, anti-spam, and wide area network acceleration; FortiManager product family to provide a central management solution for FortiGate products comprising software updates, configuration, policy settings, and security updates; and the FortiAnalyzer product family, which provides a single point of network log data collection. It also offers FortiAP secure wireless access points; FortiWeb, a Web application firewall; FortiMail email security; FortiDB database security appliances; FortiClient, an endpoint security software; and FortiSwitch secure switch connectivity products. In addition, the company provides FortiSandbox advanced threat protection solutions; and FortiDDos and FortiDB database security appliances. Further, it offers security subscription, technical support, training, and professional services. The company was founded in 2000 and is headquartered in Sunnyvale, California.

Alexion Pharmaceuticals, Inc. (ALXN) had a light trading with around 2.12M shares changing hands compared to its three month average trading volume of 3.21M. The stock traded at the price of $135.87 with 0.42% change on the day. The New Haven Connecticut 06510 based company is currently trading 24.51% above its 52 week low of $109.12 and -17.01% below its 52 week high of $162. Both the RSI indicator and target price of  and $169.45 respectively, lead us to believe that it could rise over the coming weeks.

Alexion Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes life-transforming therapeutic products. The company offers Soliris (eculizumab), a monoclonal antibody for the treatment of paroxysmal nocturnal hemoglobinuria (PNH), a genetic blood disorder; and atypical hemolytic uremic syndrome (aHUS), a genetic disease. It provides Strensiq (asfotase alfa), a targeted enzyme replacement therapy for patients with hypophosphatasia (HPP); and Kanuma (sebelipase alfa) for the treatment of patients with lysosomal acid lipase deficiency. The company also conducts Phase IV clinical trials on Soliris for the treatment of PNH registry; Phase III clinical trials for the treatment of myasthenia gravis, neuromyelitis optica spectrum disorder, and delayed kidney transplant graft function; and Phase II clinical trials for antibody mediated rejection in presensitized renal transplant patients. It develops cPMP (ALXN 1101) that is in Phase II/III trial for treating metabolic disorders; and ALXN 1007, a novel humanized antibody in Phase II clinical trial for the treatment of anti-phospholipid syndrome and graft versus host disease. The company serves distributors, pharmacies, hospitals, hospital buying groups, and other health care providers, as well as governments and government agencies in the United States, Europe, the Asia Pacific, and internationally. Alexion Pharmaceuticals, Inc. has agreements with X-Chem Pharmaceuticals (X-Chem) to identify novel drug candidates from X-Chem’s proprietary drug discovery engine; Moderna Therapeutics, Inc. (Moderna) that provides the option to purchase drug products for clinical development commercialization of Moderna’s messenger RNA therapeutics to treat rare diseases; and Ensemble Therapeutics Corporation for the identification, development, and commercialization of therapeutic candidates based on specific drug targets. The company was founded in 1992 and is headquartered in New Haven, Connecticut.

Danaher Corporation (DHR) saw its value increase by 0.35% as the stock gained $0.28 to finish the day at a closing price of $81.19. The stock was lighter in trading and has fluctuated between $61.6-$82.64 per share for the past year. The shares, which traded within a range of $81 to $81.6 during the day, are up by 7.2% in the past three months and up by 0.7% over the past six months. It is currently trading 2.15% above its 20 day moving average and 2.89% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $89.72 a share over the next twelve months. The current relative strength index (RSI) reading is 62.11.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Its Test & Measurement segment provides instruments products; services and products that help to convert concepts into finished products; professional tools; and wheel service equipment. The company’s Environmental segment provides instrumentation and disinfection systems; and solutions and services focused on fuel dispensing, remote fuel management, point-of-sale and payment system, environmental compliance, vehicle tracking, and fleet management. Its Life Sciences & Diagnostics segment offers chemistry systems, immunoassay systems, hematology and flow cytometry products, microbiology systems, and systems and workflow automations solutions. This segment also provides professional microscopes; mass spectrometers; bioanalytical measurement systems; workflow instruments and consumables; and filtration products, which are used to remove solid, liquid, and gaseous contaminants. The company’s Dental segment offers consumables, equipment, and services to diagnose, treat, and prevent disease and ailments of the teeth, gums, and supporting bone. The company’s Industrial Technologies segment provides equipment, consumables, and software for various printing, marking, coding, packaging, design, and color management applications; and a range of electromechanical and electronic motion control products. This segment also offers devices that sense, monitor and control operational or manufacturing variables; instruments, controls, and monitoring systems used in electric utilities and industrial facilities; engineered energetic materials components; and supplemental braking systems for commercial vehicles. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia.

 

3 Stocks in Focus: Equity Residential (EQR), PG&E Corporation (PCG), Analog Devices, Inc. (ADI)

Equity Residential (EQR) climbed 0.19% during last trading as the stock added $0.12 to finish the day at $63.6 with about 2.11M shares changing hands, compared to its three month average trading volume of 2.2M. The $23.52B market cap company, which fluctuated between $63.14 and $64.13 during the day, currently situated 9.27% above its 52 week low of $58.28 and -10.35% away from its one year high of $79.9. The RSI of 52.38 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. As of December 31, 2007, it owned and invested in 579 properties in 24 states and the District of Columbia consisting of 152,821 units. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Equity Residential was founded in 1966 and is headquartered in Chicago, Illinois.

PG&E Corporation (PCG) dropped $-0.32 to close the day at a new closing price of $61.46, a -0.52% decrease in value from its previous closing price that moved the stock 25.22% above its 52 week low of $50.8. A total of 2.11M shares exchanged hands during the day compared with its three month average trading volume of 2.3M. The stock, which fluctuated between $61.36 and $61.76 during the day, currently situated -4.57% below its 52 week high. The stock is up by 3.24% in the past one month and up by 2.58% over the past three months. With a one year target estimate of $65.72 and RSI of 59.26, the stock still has upside potential, making it a hold for now.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California. The company’s electricity distribution network consists of approximately 142,000 circuit miles of distribution lines, 58 transmission switching substations, and 603 distribution substations; and electricity transmission network comprises approximately 18,400 circuit miles of interconnected transmission lines and 91 electric transmission substations. Its natural gas system consists of approximately 42,800 miles of distribution pipelines, approximately 6,700 miles of backbone and local transmission pipelines, and various storage facilities. The company operates various electricity generation facilities, such as nuclear, hydroelectric, fossil fuel-fired, and photovoltaic. PG&E Corporation was founded in 1905 and is headquartered in San Francisco, California.

Analog Devices, Inc. (ADI) had a light trading with around 2.11M shares changing hands compared to its three month average trading volume of 2.58M. The stock traded at the price of $73.01 with 1.01% change on the day. The Norwood Massachusetts 02062 based company is currently trading 55.82% above its 52 week low of $47.24 and -2.42% below its 52 week high of $74.87. Both the RSI indicator and target price of 56.62 and $78.7 respectively, lead us to believe that it should be put on hold over the coming weeks.

Analog Devices, Inc. designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits (ICs), algorithms, software, and subsystems. It offers data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; high-performance amplifiers to condition analog signals; and radio frequency ICs to support cellular infrastructure. The company also provides MEMS technology solutions, including accelerometers used to sense acceleration, gyroscopes to sense rotation, and inertial measurement units to sense multiple degrees of freedom. In addition, it offers isolators for various applications, such as universal serial bus isolation in patient monitors; and smart metering and satellite applications. Further, the company provides power management and reference products; and digital signal processing products for high-speed numeric calculations. Its products are used in electronic equipment, including industrial process control systems, medical imaging equipment, factory automation systems, patient monitoring devices, instrumentation and measurement systems, wireless infrastructure equipment, energy management systems, networking equipment, aerospace and defense electronics, optical systems, automobiles, and portable electronic devices. The company serves clients in industrial, automotive, consumer, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, rest of North/South America, Europe, Japan, China, and rest of Asia, as well as through its Website. It has a collaboration with TriLumina Corp. to provide illuminator modules for automotive flash LiDAR systems. Analog Devices, Inc. was founded in 1965 and is headquartered in Norwood, Massachusetts.

 

Stocks Trend Analysis: General Mills, Inc. (GIS), Clovis Oncology, Inc. (CLVS), The Progressive Corporation (PGR)

General Mills, Inc. (GIS) continued its upward trend with the stock climbing 0.16% or $0.1 to close the day at $62.08 on light trading volume of 2.12M shares, compared to its three month average trading volume of 2.98M. The Minneapolis Minnesota 55426 based company has been outperforming the processed & packaged goods group over the past 52 weeks, with the stock gaining 15.34%, compared to the industry which has advanced 15.98% over the same period. With RSI of 55.03, the stock should still continue to rise and get closer to its one year target estimate of $64, making it a hold for now.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. It operates in three segments: U.S. Retail, International, and Convenience Stores and Foodservice. The company offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, grain and fruit and savory snacks, stable and frozen vegetables, and ice cream and frozen desserts, as well as various organic products, including meal kits, granola bars, and cereal. The company markets its products under the Annie’s, Betty Crocker, Bisquick, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto’s, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jeno’s, Jus-Rol, Kitano, Kix, La Salteña, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino’s, Trix, Wanchai Ferry, Wheaties, Yoki, and Yoplait names. General Mills, Inc. also supplies branded and unbranded food products to the foodservice and commercial baking industries. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce grocery providers, commercial and noncommercial foodservice distributors and operators, restaurants, and convenience stores, as well as drug, dollar, and discount chains. The company operates 530 ice cream parlors; and franchises 344 branded ice cream parlors. General Mills, Inc. also exports its products primarily to Caribbean and Latin American markets. The company was founded in 1928 and is headquartered in Minneapolis, Minnesota.

Clovis Oncology, Inc. (CLVS) grew with the stock adding 0.64% or $0.36 to close at $56.62 on light trading volume of 2.12M compared its three months average trading volume of 2.15M. The Boulder Colorado 80301 based company operating under the Biotechnology industry has been trending up for the last 52 weeks, with the shares price now 159.61% up for the period and up by 27.47% so far this year. With price target of $46.89 and a 389.37% rebound from 52-week low, Clovis Oncology, Inc. has plenty of upside potential, making it a hold with a view buy.

Clovis Oncology, Inc., a biopharmaceutical company, focuses on acquiring, developing, and commercializing anti-cancer agents in the United States, Europe, and internationally. It is developing three product candidates, which include Rociletinib, an oral epidermal growth factor receptor and mutant-selective covalent inhibitor that is under review with the U.S. and E.U. regulatory authorities for the treatment of non-small cell lung cancer; Rucaparib, an oral inhibitor of poly polymerase, which is in advanced clinical development for the treatment of ovarian cancer; and Lucitanib, an oral inhibitor of the tyrosine kinase that is in Phase II development for the treatment of breast cancers. It has license agreements with Advenchen Laboratories LLC, Avila Therapeutics, Inc., and Pfizer Inc.; collaboration and license agreement with Les Laboratoires Servier; a drug discovery collaboration agreement with Array BioPharma Inc.; and collaboration with Foundation Medicine, Inc. Clovis Oncology, Inc. was founded in 2009 and is headquartered in Boulder, Colorado.

The Progressive Corporation (PGR) managed to rebound with the stock climbing 1.03% or $0.37 to close the day at $36.35 on lower than average trading volume of 2.11M shares, compared to its three month average trading volume of 2.87M. The Mayfield Village Ohio 44143 based company has been outperforming the property & casualty insurance companies by 11.8743% for last three months and its recent gains have pushed the stock slightly up 2.39% YTD, versus the property & casualty insurance industry which is down -0.86% for the same period. The RSI of 67.6 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

 

3 Stocks to Watch For: AmerisourceBergen Corporation (ABC), The Boeing Company (BA), Citrix Systems, Inc. (CTXS)

AmerisourceBergen Corporation (ABC) saw its value decrease by -0.56% as the stock dropped $-0.48 to finish the day at a closing price of $85.51. The stock was lighter in trading and has fluctuated between $68.38-$92.48 per share for the past year. The shares, which traded within a range of $85.19 to $86.18 during the day, are up by 7.73% in the past three months and up by 0.37% over the past six months. It is currently trading 5.11% above its 20 day moving average and 8.31% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $86.3 a share over the next twelve months. The current relative strength index (RSI) reading is 61.81.The technical indicator lead us to believe there will be no major movement any time soon, hold.

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, outsourced compounded sterile preparations, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers. In addition, this segment provides pharmaceutical distribution and other services primarily to physicians who specialize in various disease states, primarily oncology, as well as to other healthcare providers, including hospitals and dialysis clinics; distributes plasma and other blood products, injectable pharmaceuticals, vaccines, and other specialty products; and offers third party logistics and outcomes research, and other services for biotechnology and other pharmaceutical manufacturers. The company’s Other segment provides commercialization support services, including reimbursement support programs, outcomes research, contract field staffing, patient assistance and co-pay assistance programs, adherence programs, risk mitigation services, and other market access programs to pharmaceutical and biotechnology manufacturers; specialty transportation and logistics services for the biopharmaceutical industry; and animal health care products. It markets its products and services through independent sales forces and marketing organizations. AmerisourceBergen Corporation was founded in 1985 and is headquartered in Chesterbrook, Pennsylvania.

The Boeing Company (BA) shares were up in last trading by 0.41% to $158.32. It experienced lighter than average volume on day. The stock decreased in value by almost -0.47% over the past week and grew 2.96% in the past month. It is currently trading 3.69% above its 50 day moving average and 16.61% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.09% decrease in value from its one year high of $160.07. The RSI indicator value of 60.26, lead us to believe that it is a hold for now.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, as well as provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment is involved in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for the global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment engages in the research, development, production, and modification of electronics and information solutions; strategic missile and defense systems; space and intelligence systems; and space exploration products. The Global Services and Support segment offers integrated logistics, including supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services, such as pilot and maintenance training. The Boeing Capital segment facilitates, arranges, structures, and provides financing solutions, such as equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The Boeing Company was founded in 1916 and is headquartered in Chicago, Illinois.

Citrix Systems, Inc. (CTXS) opening the day at $91.13. The company has seen its stock increase in value by 4.76% so far this year. The stock was up close to 2.93% on active volume in last trading session and closed at $93.56 per share. After the recent gain, the stock is currently holding 1.26% above its 52 week high of $93.63 and 53.6% above its 12-month low of $60.91. The shares are up by over 12.49% in the last three months, and the RSI indicator value of 64.9 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Citrix Systems, Inc. develops and sells products and services that enable delivery of applications and data over public, private, or hybrid clouds or networks to various types of devices. The company’s Enterprise and Service Provider segment provides XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; XenMobile Enterprise to manage mobile devices, apps, and data; Citrix Workspace Suite, a business mobility solution; and NetScaler, an all-in-one application delivery controller. Its Mobility Apps segment provides GoToMeeting for online meetings, sales demonstrations, and collaborative gatherings; GoToWebinar, a do-it-yourself Webinar product; GoToTraining, an online training product; OpenVoice, a reservation-less audio conferencing service; and Grasshopper, a cloud-based telephony solutions for small businesses. This division also provides ShareFile, a cloud-based file sharing and storage solution for businesses; GoToMyPC, an online service that enables mobile workstyles by providing remote access to a PC or Mac from virtually Internet-connected computer, as well as from supported iOS or Android mobile devices; and GoToAssist, which offers cloud-based information technology support solutions. In addition, it offers license updates and maintenance services, including subscription, technical support, and hardware and software maintenance services; and consulting, and product training and certification services. Citrix Systems, Inc. markets and licenses its products through systems integrators, resellers, distributors, original equipment manufacturers, and service providers, as well as directly to customers worldwide. The company, formerly known as Citrus Systems, Inc., was founded in 1989 and is headquartered in Fort Lauderdale, Florida.