3 Trending Stocks: Huntsman Corporation (HUN), Intercontinental Exchange, Inc. (ICE), American Tower Corporation (AMT)

Huntsman Corporation (HUN) managed to rebound with the stock climbing 1.77% or $0.35 to close the day at $20.11 on light trading volume of 2.07M shares, compared to its three month average trading volume of 2.52M. The Salt Lake City Utah 84108 based company has been outperforming the chemicals – major diversified group over the past 52 weeks, with the stock gaining 158.16%, compared to the industry which has advanced 43.64% over the same period. With RSI of 58.72, the stock should still continue to rise and get closer to its one year target estimate of $21, making it a hold for now.

Huntsman Corporation, together with its subsidiaries, manufactures and sells differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, propylene oxide, polyols, propylene glycol, thermoplastic polyurethane, aniline, and methyl tertiary-butyl ether products, which are used to produce rigid and flexible foams, as well as coatings, adhesives, sealants, and elastomers. The Performance Products segment provides amines, carbonates, surfactants, linear alkyl benzene, maleic anhydride, other performance chemicals, ethylene glycol, olefins, and technology licenses. The Advanced Materials segment offers basic liquid and solid epoxy resins; specialty resin compounds; cross-linking, matting, and curing agents; and epoxy, acrylic, and polyurethane-based formulations. The Textile Effects segment provides textile chemicals, dyes, and inks. The Pigments and Additives segment offers titanium dioxide, functional additives, color pigments, timber treatment, and water treatment chemicals. The company’s products are used in various applications, including adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals, and dye industries. Huntsman Corporation was founded in 1970 and is headquartered in The Woodlands, Texas.

Intercontinental Exchange, Inc. (ICE) climbed 1.51% during last trading as the stock added $0.85 to finish the day at $57.31 with about 2.07M shares changing hands, compared to its three month average trading volume of 2.89M. The $34.07B market cap company, which fluctuated between $56.21 and $57.42 during the day, currently situated 27.73% above its 52 week low of $45.44 and -4.2% away from its one year high of $59.86. The RSI of 55.37 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Asia, Israel, and Canada. The company operates marketplaces for trading and clearing an array of derivatives and securities contracts across various asset classes, including energy and agricultural commodities, interest rates, equities, equity derivatives, credit derivatives, bonds, and currencies. It primarily provides trade execution, listing, price discovery and transparency, trade processing and repositories, clearing, benchmark administration, and market data services. The company operates exchanges and marketplaces, such as ICE Futures Europe, ICE Futures U.S., ICE Futures Canada, ICE Endex, NYSE Amex Options, NYSE Arca Options, and ICE Futures Singapore, as well as over-the-counter markets for physical energy and credit default swaps, and central counterparty clearing houses. It serves financial institutions, money managers, trading firms, commodity producers and consumers, institutional and individual investors, and other business entities. The company was founded in 2000 and is headquartered in Atlanta, Georgia.

American Tower Corporation (AMT) saw its value increase by 0.48% as the stock gained $0.5 to finish the day at a closing price of $105.67. The stock was lighter in trading and has fluctuated between $83.07-$118.26 per share for the past year. The shares, which traded within a range of $105.04 to $106.42 during the day, are down by -6.77% in the past three months and down by -9.53% over the past six months. It is currently trading 0.06% above its 20 day moving average and -0.14% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $130.47 a share over the next twelve months. The current relative strength index (RSI) reading is 52.39. The technical indicator lead us to believe there will be no major movement any time soon, hold.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.

 

Three Movers to Watch for: Skechers U.S.A., Inc. (SKX), United Rentals, Inc. (URI), United Parcel Service, Inc. (UPS)

Skechers U.S.A., Inc. (SKX) retreated with the stock falling -0.16% or $-0.04 to close at $25.23 on light trading volume of 2.07M compared its three months average trading volume of 2.84M. The Manhattan Beach California 90266 based company operating under the Textile – Apparel Footwear & Accessories industry has been trending down for the last 52 weeks, with the shares price now -7.62% down for the period and up by 2.64% so far this year. With price target of $26.56 and a 34.13% rebound from 52-week low, Skechers U.S.A., Inc. has plenty of upside potential, making it a hold with a view buy.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand name worldwide. It operates through three segments: Domestic Wholesale Sales, International Wholesale Sales, and Retail Sales. The company offers casual footwear, including boots, shoes, and sandals for men, as well as oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, seasonal sandals and boots, and relaxed fit casuals for men and women; and casual fusion line for young men and women under the Skechers USA brand. It also provides footwear collection for men and women, including lightweight sport athletic lifestyle products, classic athletic-inspired styles, and sport sandals and boots under the Skechers Sport brand name; casual and sporty styles sneakers for females under the Skechers Active and Skechers Sport Active brand; and footwear for women and girls under the BOBS from Skechers name. In addition, the company offers casual, dress, and active styles, as well as casual sneakers for men under the Mark Nason name; technical footwear under the Skechers Performance brand; and boots, shoes, sneakers, and sandals for infants, toddlers, boys, and girls under the Skechers Kids name. Further, it provides men’s and women’s casuals, such as field boots, hikers, and athletic shoes under the Skechers Work brand. The company sells its products through approximately 1,545 company-owned and third-party retail stores; and department and specialty stores, as well as through its e-commerce Website in approximately 160 countries and territories. Skechers U.S.A., Inc. was founded in 1992 and is headquartered in Manhattan Beach, California.

United Rentals, Inc. (URI) gained $3.79 to close the day at a new closing price of $111.02, a 3.53% increase in value from its previous closing price that moved the stock 164.96% above its 52 week low of $41.9. A total of 2.07M shares exchanged hands during the day compared with its three month average trading volume of 1.94M. The stock, which fluctuated between $107.09 and $111.3 during the day, currently situated -0.71% below its 52 week high. The stock is up by 3.62% in the past one month and up by 46.66% over the past three months. With a one year target estimate of $104.93 and RSI of 62.57, the stock still has upside potential, making it a hold for now.

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools. This segment serves construction and industrial companies, manufacturers, utilities, municipalities, and homeowners. The Trench, Power, and Pump segment is involved in the rental of specialty construction products, including trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and HVAC equipment, which consists of portable diesel generators, electrical distribution equipment, and temperature control equipment; and pumps primarily used by energy and petrochemical customers. It serves construction companies involved in infrastructure projects, municipalities, and industrial companies. The company also sells new equipment, such as aerial lifts, reach forklifts, telehandlers, compressors, and generators; contractor supplies, including construction consumables, tools, small equipment, and safety supplies; and parts for equipment that are owned by the company’s customers, as well as provides repair and maintenance services. It sells its used equipment through its sales force, brokers, and Website, as well as at auctions and directly to manufacturers. As of February 18, 2016, the company operated 897 rental locations in the United States and Canada. United Rentals, Inc. was founded in 1997 and is headquartered in Stamford, Connecticut.

United Parcel Service, Inc. (UPS) shares were up in last trading by 0.78% to $114.96. It experienced lighter than average volume on day. The stock increased in value by almost 0.91% over the past week and fell -1.98% in the past month. It is currently trading -0.08% below its 50 day moving average and 6.51% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.55% decrease in value from its one year high of $120.44. The RSI indicator value of 49.79, lead us to believe that it is a hold for now.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services in Europe, the Asia Pacific, Canada and Latin America, the Indian sub-continent, the Middle East, and Africa. It offers guaranteed time-definite express options, including Express Plus, Express, and Express Saver. The Supply Chain & Freight segment offers international air and ocean freight forwarding, customs brokerage, truckload freight brokerage, distribution and post-sales services, and mail and consulting services in approximately 220 countries and territories; and less-than-truckload and truckload services to customers in North America. The company also offers shipping, visibility, and billing technologies; and insurance, financing, and payment services. It operates a fleet of approximately 110,000 package cars, vans, tractors, and motorcycles; and owns 33,000 containers used to transport cargo in its aircraft. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.

 

3 Notable Runners: EQT Corporation (EQT), AMETEK, Inc. (AME), BorgWarner Inc. (BWA)

EQT Corporation (EQT) managed to rebound with the stock climbing 0.68% or $0.42 to close the day at $62.53 on higher than average trading volume of 2.04M shares, compared to its three month average trading volume of 1.8M. The Pittsburgh Pennsylvania 15222 based company has been outperforming the independent oil & gas companies by -5.1607% for last three months and its recent losses have pulled the stock down -4.39% YTD, versus the independent oil & gas industry which is down -0.31% for the same period. The RSI of 37.18 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates through two segments, EQT Production and EQT Midstream. The EQT Production segment explores for, develops, and produces natural gas, natural gas liquids (NGLs), and crude oil primarily in the Appalachian Basin. As of December 31, 2015, it had 10.0 trillion cubic feet of proved natural gas, NGL, and crude oil reserves across approximately 3.4 million gross acres, including approximately 630,000 gross acres in the Marcellus play. The EQT Midstream segment provides natural gas gathering, transmission, and storage services for the company’s produced gas, as well as for independent third parties in the Appalachian Basin. This segment owns or operates approximately 8,250 miles of gathering lines and 177 compressor units with approximately 255,000 horsepower of installed capacity. EQT Corporation was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania.

AMETEK, Inc. (AME) had a light trading with around 2.03M shares changing hands compared to its three month average trading volume of 2.35M. The stock traded between $50.19 and $50.77 before closing at the price of $50.71 with 0.86% change on the day. The Berwyn Pennsylvania 19312 based company is currently trading 19.32% above its 52 week low of $42.82 and -3.06% below its 52 week high of $52.61. Both the RSI indicator and target price of 60.54 and $0 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

BorgWarner Inc. (BWA) traded within a range of $39.61 to $39.98 after opening the day at $39.98. The company has seen its stock increase in value by 0.86% so far this year. The stock was down close to -0.03% on light volume in last trading session and closed at $39.78 per share. After the recent fall, the stock is currently holding -5.24% below its 52 week high of $41.98 and 45.99% above its 12-month low of $27.52. The shares are up by over 16.91% in the last three months, and the RSI indicator value of 52.79 is neither bullish nor bearish, tempting investors to stay on the sidelines.

BorgWarner Inc. develops, manufactures, and sells engineered automotive systems and components primarily for powertrain applications worldwide. The company’s Engine segment offers turbochargers; turbo actuators; and timing systems, such as timing chains, variable cam timing products, crankshaft and camshaft sprockets, tensioners, guides and snubbers, HY-VO front-wheel drive transmission chains, and four-wheel drive chains. This segment also provides emissions and systems products comprising electric air pumps and exhaust gas recirculation (EGR) modules, EGR coolers, EGR tubes, and EGR valves; thermal systems products consisting of viscous fan drives, polymer fans, and coolant pumps; and ignition systems, such as glow plugs and instant starting systems, pressure sensor glow plugs, and ignition technology. The Drivetrain segment develops and manufactures friction and mechanical products, including dual clutch modules, friction clutch modules, friction and steel plates, transmission bands, torque converter clutches, one-way clutches, and torsional vibration dampers. This segment also offers control products comprising electro-hydraulic solenoids, transmission solenoid modules, and dual clutch control modules. In addition, this segment provides torque management products, including rear-wheel drive/all-wheel drive (AWD) transfer case systems, front wheel drive-AWD coupling systems, and cross-axle coupling systems. The company sells its products to original equipment manufacturers of light vehicles consisting of passenger cars, sport-utility vehicles, vans, and light trucks; commercial vehicles, such as medium-duty and heavy duty trucks, and buses; and off-highway vehicles, including agricultural and construction machinery, and marine applications, as well as to tier one vehicle systems suppliers and the aftermarket for light, commercial, and off-highway vehicles. BorgWarner Inc. was founded in 1987 and is headquartered in Auburn Hills, Michigan.

 

Stocks in Review: Workday, Inc. (WDAY), Kimberly-Clark Corporation (KMB), Akorn, Inc. (AKRX)

Workday, Inc. (WDAY) traded within a range of $80.38 to $82.24 after opening the day at $81.12. The company has seen its stock increase in value by 24.24% so far this year. The stock was up close to 1.38% on light volume in last trading session and closed at $82.11 per share. After the recent gain, the stock is currently holding -12.04% below its 52 week high of $93.35 and 73.52% above its 12-month low of $47.32. The shares are down by over -4.61% in the last three months, and the RSI indicator value of 69.34 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Workday, Inc. provides enterprise cloud applications for finance and human resources in the United States and internationally. It offers applications for customers to manage critical business functions that enable them to optimize their financial and human capital resources. The company provides Workday Financial Management application that provides functions of general ledger, accounting, accounts payable, accounts receivable, cash management, asset management, employee expense management, revenue management, projects, procurement, inventory, and grants management. It also provides Workday Human Capital Management application that includes human resources management comprising workforce lifecycle management, organization management, compensation, absence, and employee benefits administration; and global talent management consisting of goal management, performance management, succession planning, and career and development planning. In addition, the company offers Workday Recruiting, an application that supports the needs of candidates, hiring managers, the interview team, and recruiters; Workday Payroll application that address the enterprise payroll needs; Workday Time Tracking application that automates workforce management processes; and Workday Professional Services Automation application. Further, it offers Workday Insight Applications that leverage advanced data science and machine learning methodologies to help customers make smarter financial and workforce decisions; and Workday Student, a student and faculty lifecycle information system. The company serves technology, financial services, business and professional services, healthcare and life sciences, manufacturing, retail and hospitality, education, and government and non-profit industries. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was founded in 2005 and is headquartered in Pleasanton, California.

Kimberly-Clark Corporation (KMB) continued its upward trend with the stock climbing 0.32% or $0.37 to close the day at $116.4 on active trading volume of 2.02M shares, compared to its three month average trading volume of 1.91M. The Irving Texas 75038 based company has been underperforming the personal products group over the past 52 weeks, with the stock losing -4.78%, compared to the industry which has advanced 6.77% over the same period. With RSI of 60.12, the stock should still continue to rise and get closer to its one year target estimate of $121.75, making it a hold for now.

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brands. The Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins, and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, and other brand names. The K-C Professional segment offers wipers, tissues, towels, apparel, soaps, and sanitizers under the Kleenex, Scott, WypAll, Kimtech, and Jackson Safety brands. The company sells household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce. It also sells products for away-from-home use through distributors and directly to manufacturing, lodging, office building, food service, and public facilities. Kimberly-Clark Corporation was founded in 1872 and is headquartered in Dallas, Texas.

Akorn, Inc. (AKRX) dropped $-0.38 to close the day at a new closing price of $20.87, a -1.79% decrease in value from its previous closing price that moved the stock 18.78% above its 52 week low of $17.57. A total of 2.01M shares exchanged hands during the day compared with its three month average trading volume of 1.68M. The stock, currently situated -41.05% below its 52 week high. The stock is up by 2.81% in the past one month and down by -21.33% over the past three months. With a one year target estimate of $27.62 and RSI of 43.2, the stock still has upside potential, making it a hold for now.

Akorn, Inc., a specialty generic pharmaceutical company, develops, manufactures, and markets generic and branded prescription pharmaceuticals, as well as private-label over-the-counter (OTC) consumer health products and animal health pharmaceuticals in the United States and internationally. It operates in two segments, Prescription Pharmaceuticals and Consumer Health. The Prescription Pharmaceuticals segment markets generic and branded ophthalmics, injectables, oral liquids, otics, topicals, inhalants, and nasal sprays. This segment’s generic products include Atropine Sulfate Ophthalmic Solution; Clobetasol Propionate Ointment; Dehydrated Alcohol Injection; Ephedrine Sulfate Injection; Hydralazine Hydrochloride Injection; Lidocaine Ointment; Methylene Blue Injection; Myorisan Soft Gelatin Capsules; Nembutal Sodium Solution; and Progesterone Capsules. The Consumer Health segment markets branded and private label animal health products, as well as OTC products for the treatment of dry eye under the TheraTears brand name. This segment also markets other OTC consumer health products, including Mag-Ox, a magnesium supplement, as well as the Diabetic Tussin line of cough and cold products. Akorn, Inc. was founded in 1971 and is headquartered in Lake Forest, Illinois.

 

Stocks in the Spotlight: New Residential Investment Corp. (NRZ), Allscripts Healthcare Solutions, Inc. (MDRX), QVC Group (QVCA)

New Residential Investment Corp. (NRZ) had a light trading with around 2.01M shares changing hands compared to its three month average trading volume of 2.37M. The stock traded between $15.81 and $15.99 before closing at the price of $15.9 with -0.19% change on the day. The New York New York 10105 based company is currently trading 100.17% above its 52 week low of $9.69 and -1.79% below its 52 week high of $16.43. Both the RSI indicator and target price of 62.96 and $16.03 respectively, lead us to believe that it should be put on hold over the coming weeks.

New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also acquires and manages a diversified portfolio of credit sensitive real estate securities, such as non-agency and agency residential mortgage backed securities; and acquires residential mortgage loans comprising performing, non-performing, re-performing, and reverse mortgage loans. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is based in New York, New York.

Allscripts Healthcare Solutions, Inc. (MDRX) failed to extend gains with the stock declining -0.93% or $-0.11 to close the day at $11.7 on active trading volume of 2M shares, compared to its three month average trading volume of 2.51M. The Chicago Illinois 60654 based company has been underperforming the application software group over the past 52 weeks, with the stock losing -17.89%, compared to the industry which has advanced 16.75% over the same period. With RSI of 63.75, the stock should still continue to rise and get closer to its one year target estimate of $13.68, making it a hold for now.

Allscripts Healthcare Solutions, Inc. provides information technology and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records, connectivity, hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions. The company’s Clinical and Financial Solutions segment provides integrated clinical software applications and financial and information solutions, which primarily include EHR-related, and financial and practice management software solutions, as well as related installation, support and maintenance, outsourcing, hosting, revenue cycle management, training, and electronic claims administration services. Its Population Health segment offers health management and coordinated care solutions that enable hospitals, health systems, accountable care organizations, and other care facilities to connect, transition, analyze, and coordinate care across the entire care community. The company serves physicians, hospitals, governments, health systems, health plans, life-sciences companies, retail clinics, retail pharmacies, pharmacy benefit managers, insurance companies, and employer wellness clinics, as well as post-acute organizations, such as home health and hospice agencies. It has a strategic partnership with Nant Health, LLC. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois.

QVC Group (QVCA) shares were up in last trading by 0.05% to $19.31. It experienced lighter than average volume on day. The stock decreased in value by almost -0.77% over the past week and fell -5.02% in the past month. It is currently trading -4.63% below its 50 day moving average and -14.82% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -29.14% decrease in value from its one year high of $27.25. The RSI indicator value of 36.95, lead us to believe that it is a hold for now.

QVC Group markets and sells a range of consumer products primarily through live merchandise-focused televised shopping programs, Internet, and mobile applications. The company’s Websites offers home, beauty, jewelry, accessories, and electronic products. It also operates as an online retailer of women’s, children’s, and men’s apparel, and children’s merchandise; and kitchen accessories and home décor products, as well as retails products through catalogs, and brick-and-mortar stores. In addition, the company distributes home and apparel lifestyle products under various brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Chasing Fireflies, and Travelsmith. Its programming distributed products to approximately 317 million homes in the United States, Japan, Germany, Austria, the United Kingdom, Ireland, Italy, and China. The company was formerly known as Liberty Interactive Group. QVC Group is based in Englewood, Colorado. QVC Group is a subsidiary of Liberty Interactive Corporation.

 

Momentum Stocks: LifeLock, Inc. (LOCK), KB Home (KBH), E. I. du Pont de Nemours and Company (DD)

LifeLock, Inc. (LOCK) grew with the stock adding 0.08% or $0.02 to close at $23.94 on light trading volume of 1.99M compared its three months average trading volume of 2.56M. The Tempe Arizona 85281 based company operating under the Application Software industry has been trending up for the last 52 weeks, with the shares price now 82.05% up for the period and up by 0.08% so far this year. With price target of $21.33 and a 161.93% rebound from 52-week low, LifeLock, Inc. has plenty of upside potential, making it a hold with a view buy.

LifeLock, Inc. provides identity theft protection services for consumers; and consumer risk management services for enterprises in the United States. It operates in two segments, Consumer and Enterprise. It protects consumer subscribers through monitoring identity-related events, such as new account openings and credit-related applications; and enterprise customers by delivering on-demand identity risk, identity authentication, and credit information about consumers. The company offers LifeLock Identity Alert system, which provides its members with notifications and alerts, including actionable alerts for new account openings and applications, as well as a response system for identity threats via text message, phone call, mobile application, or e-mail; LifeLock Standard, LifeLock Advantage, LifeLock Ultimate Plus, basic LifeLock, LifeLock Command Center, and premium LifeLock Ultimate services; LifeLock Junior service, which provides identity theft protection services for minors; and LifeLock Benefit Elite that provides identity theft protection for employers and brokers. It also provides ID Score, an identity risk service, which delivers on-demand assessment of the risk of an individual at account opening and throughout the customer lifecycle; and credit risk services that provide real-time visibility into consumer stability. As of December 31, 2015, the company served approximately 4.2 million paying members; and 350 enterprise customers, including financial institutions, telecommunication and cable services providers, government agencies, technology companies, retailers, automobile and mortgage lenders, and e-commerce providers. LifeLock, Inc. was founded in 2005 and is headquartered in Tempe, Arizona.

KB Home (KBH) had a light trading with around 1.99M shares changing hands compared to its three month average trading volume of 2.49M. The stock traded between $16.39 and $16.81 before closing at the price of $16.51 with -0.84% change on the day. The Los Angeles California 90024 based company is currently trading 84% above its 52 week low of $9.34 and -5.01% below its 52 week high of $17.38. Both the RSI indicator and target price of  and $16.96 respectively, lead us to believe that it could rise over the coming weeks.

KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers. The company also provides property and casualty insurance, as well as earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services, including residential mortgage loan originations to its homebuyers. It has operations in California, Arizona, Nevada, Colorado, Florida, Maryland, North Carolina, and Texas. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is headquartered in Los Angeles, California.

  1. I. du Pont de Nemours and Company (DD) saw its value increase by 0.66% as the stock gained $0.48 to finish the day at a closing price of $73.45. The stock was lighter in trading and has fluctuated between $50.71-$75.86 per share for the past year. The shares, which traded within a range of $72.62 to $73.6 during the day, are up by 7.56% in the past three months and up by 10.03% over the past six months. It is currently trading -1.02% below its 20 day moving average and 1.3% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $78.07 a share over the next twelve months. The current relative strength index (RSI) reading is 50.95.The technical indicator lead us to believe there will be no major movement any time soon, hold.
  2. I. du Pont de Nemours and Company operates as a science and technology based company. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, wheat, rice, seed products, herbicides, fungicides, and insecticides, as well as offers crop protection products, such as weed control, disease control, and insect control products. Its Electronics & Communications segment provides various materials and systems, including photopolymers and electronic materials for photovoltaic, consumer electronics, displays, and advanced printing. The company’s Industrial Biosciences segment develops and manufactures a portfolio of enzymes and bio-based materials. Its Nutrition & Health segment offers cultures, probiotics, texturants, emulsifiers, natural sweeteners, and soy-based food ingredients for the food industry market. The company’s Performance Materials segment offers elastomers and thermoplastic, and thermoset engineering polymers; resins and films for packaging and industrial polymer applications, sealants and adhesives, and sporting goods; and elastomers, parts, and systems and solutions for automotive and transportation, packaging for food and beverages, electrical/electronic components, material handling, healthcare, construction, semiconductor, and aerospace markets. Its Safety & Protection segment provides nonwovens, aramids, and solid surfaces for the construction, transportation, communications, industrial chemicals, oil and gas, electric utilities, automotive, manufacturing, defense, homeland security, and safety consulting industries. The company markets its products through the company’s sales force and distributors in the United States and internationally. E. I. du Pont de Nemours and Company was founded in 1802 and is headquartered in Wilmington, Delaware.

 

Stocks Under Review: Cerner Corporation (CERN), Sysco Corporation (SYY), First Horizon National Corporation (FHN)

Cerner Corporation (CERN) failed to extend gains with the stock declining -0.48% or $-0.25 to close the day at $52.29 on light trading volume of 3.42M shares, compared to its three month average trading volume of 3.5M. The North Kansas City Missouri 64117 based company has been underperforming the healthcare information services group over the past 52 weeks, with the stock losing -7.27%, compared to the industry which has advanced 6.62% over the same period. With RSI of 67.53, the stock should still continue to rise and get closer to its one year target estimate of $60.34, making it a hold for now.

Cerner Corporation designs, develops, markets, installs, hosts, and supports health care information technology, health care devices, hardware, and content solutions for health care organizations and consumers in the United States and internationally. The company offers Cerner Millennium architecture, which includes clinical, financial, and management information systems that allow providers to access an individual’s electronic health record at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It also provides HealtheIntent platform, a cloud-based platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as assists to enhance outcomes and lower costs. In addition, the company offers a portfolio of clinical and financial health care information technology solutions, as well as departmental, connectivity, population health, and care coordination solutions; and various complementary services, including support, hosting, managed, implementation, and strategic consulting services. Further, it provides various services, such as implementation and training, remote hosting, operational management, revenue cycle, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third party administrator services for employer-based health plans; and complementary hardware and devices for third parties. It serves integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments, and public health organizations. Cerner Corporation was founded in 1979 and is headquartered in North Kansas City, Missouri.

Sysco Corporation (SYY) grew with the stock adding 0.67% or $0.37 to close at $55.25 on light trading volume of 3.41M compared its three months average trading volume of 3.6M. The Houston Texas 77077 based company operating under the Food Wholesale industry has been trending up for the last 52 weeks, with the shares price now 41.83% up for the period and up by 0.39% so far this year. With price target of $54.38 and a 45.92% rebound from 52-week low, Sysco Corporation has plenty of upside potential, making it a hold with a view buy.

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

First Horizon National Corporation (FHN) managed to rebound with the stock climbing 0.36% or $0.07 to close the day at $19.48 on higher than average trading volume of 3.4M shares, compared to its three month average trading volume of 2.26M. The Memphis Tennessee 38103 based company has been outperforming the regional – southeast banks companies by 32.5941% for last three months and its recent gains have offset losses to -2.65% YTD, versus the regional – southeast banks industry which is down -2.25% for the same period. The RSI of 44.51 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

 

Stocks In Queue: Transgenomic, Inc. (TBIO), McDonald’s Corporation (MCD), People’s United Financial, Inc. (PBCT)

Transgenomic, Inc. (TBIO) fell -13.95% during last trading as the stock lost $-0.12 to finish the day at $0.74 with about 3.39M shares changing hands, compared to its three month average trading volume of 2.81M. The $20.99M market cap company, which fluctuated between $0.72 and $0.92 during the day, currently situated 390.07% above its 52 week low of $0.15 and -53.46% away from its one year high of $1.59. The RSI of 63.54 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Transgenomic, Inc., a biotechnology company, engages in advancing personalized medicine in the detection and treatment of cancer and inherited diseases through its proprietary molecular technologies, and clinical and research services primarily in the United States. The company provides genetic analytical laboratory services related to oncology and pharmacogenomics research services supporting Phase II and Phase III clinical trials conducted by pharmaceutical and biotechnology companies. It employs various genomic testing service technologies, including ICE COLD-PCR, a proprietary platform technology that enables detection of multiple known and unknown mutations from virtually any sample type, including tissue biopsies, blood, urine, saliva, cell-free DNA, and circulating tumor cells. The company was founded in 1997 and is headquartered in Omaha, Nebraska.

McDonald’s Corporation (MCD) dropped $-0.04 to close the day at a new closing price of $122.71, a -0.03% decrease in value from its previous closing price that moved the stock 12.23% above its 52 week low of $110.33. A total of 3.39M shares exchanged hands during the day compared with its three month average trading volume of 4.17M. The stock, which fluctuated between $121.8 and $123 during the day, currently situated -4.86% below its 52 week high. The stock is up by 0.29% in the past one month and up by 10.01% over the past three months. With a one year target estimate of $128.08 and RSI of 59.23, the stock still has upside potential, making it a hold for now.

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2015, it operated 36,525 restaurants, including 30,081 franchised restaurants comprising 21,147 franchised to conventional franchisees, 5,529 licensed to developmental licensees, and 3,405 licensed to foreign affiliates; and 6,444 company-operated restaurants. The company has strategic partnerships with CITIC Limited, CITIC Capital, and The Carlyle Group to expand its business in Mainland China and Hong Kong. McDonald’s Corporation was founded in 1940 and is based in Oak Brook, Illinois.

People’s United Financial, Inc. (PBCT) had a light trading with around 3.36M shares changing hands compared to its three month average trading volume of 3.86M. The stock traded between $18.94 and $19.32 before closing at the price of $19.29 with 0.94% change on the day. The Bridgeport Connecticut 06604 based company is currently trading 48.02% above its 52 week low of $13.62 and -4.17% below its 52 week high of $20.13. Both the RSI indicator and target price of 50.84 and $18.39 respectively, lead us to believe that it should be put on hold over the coming weeks.

People’s United Financial, Inc. operates as the bank holding company for People’s United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash management, correspondent banking, and municipal banking services; and institutional trust, corporate trust, private banking, and insurance services. The Retail Banking segment offers consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial advisory, investment management, life insurance, and non-institutional trust services. In addition, the company offers online banking, investment trading, and telephone banking services. It operates through a network of 396 branches and 594 ATMs in Connecticut, southeastern New York, Massachusetts, Vermont, New Hampshire, and Maine. People’s United Financial, Inc. was founded in 1842 and is headquartered in Bridgeport, Connecticut.

 

Stocks Under Consideration: Northern Trust Corporation (NTRS), Neurocrine Biosciences, Inc. (NBIX), Caterpillar Inc. (CAT)

Northern Trust Corporation (NTRS) retreated with the stock falling -4.72% or $-4.16 to close at $83.99 on active trading volume of 3.43M compared its three months average trading volume of 1.41M. The Chicago Illinois 60603 based company operating under the Asset Management industry has been trending up for the last 52 weeks, with the shares price now 34.13% up for the period and down by -5.68% so far this year. With price target of $89.81 and a 57.68% rebound from 52-week low, Northern Trust Corporation has plenty of upside potential, making it a hold with a view buy.

Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates through two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including global custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment provides services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately-held businesses. The company also provides asset management services, such as active, passive, and engineered equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay services and other risk management services. Northern Trust Corporation was founded in 1889 and is based in Chicago, Illinois.

Neurocrine Biosciences, Inc. (NBIX) had a active trading with around 3.43M shares changing hands compared to its three month average trading volume of 1.07M. The stock traded between $38.84 and $43.44 before closing at the price of $42.04 with 4.66% change on the day. The San Diego California 92130 based company is currently trading 34.53% above its 52 week low of $31.25 and -23.77% below its 52 week high of $55.15. Both the RSI indicator and target price of  and $68 respectively, lead us to believe that it could rise over the coming weeks.

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

Caterpillar Inc. (CAT) saw its value decrease by -0.26% as the stock dropped $-0.24 to finish the day at a closing price of $93.33. The stock was lighter in trading and has fluctuated between $57.46-$97.4 per share for the past year. The shares, which traded within a range of $92.53 to $93.42 during the day, are up by 7.86% in the past three months and up by 18.08% over the past six months. It is currently trading -0.29% below its 20 day moving average and 0.11% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $88.25 a share over the next twelve months. The current relative strength index (RSI) reading is 47.87.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

Stocks Trending Alert: Eli Lilly and Company (LLY), Exelixis, Inc. (EXEL), SunPower Corporation (SPWR)

Eli Lilly and Company (LLY) saw its value increase by 0.88% as the stock gained $0.68 to finish the day at a closing price of $77.53. The stock was lighter in trading and has fluctuated between $64.18-$83.79 per share for the past year. The shares, which traded within a range of $76.88 to $77.71 during the day, are down by -0.63% in the past three months and down by -1.79% over the past six months. It is currently trading 3.78% above its 20 day moving average and 6.44% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $85.1 a share over the next twelve months. The current relative strength index (RSI) reading is 63.19.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Eli Lilly and Company discovers, develops, manufactures, and markets pharmaceutical products worldwide. It operates through two segments, Human Pharmaceutical Products and Animal Health Products. The company offers endocrinology products to treat diabetes; osteoporosis in postmenopausal women and men; human growth hormone deficiency and pediatric growth conditions; and testosterone deficiency. It also provides neuroscience products for the treatment of depressive disorders, diabetic peripheral neuropathic pain, anxiety disorders, fibromyalgia, and chronic musculoskeletal pain; schizophrenia; attention-deficit hyperactivity disorders; depressive, obsessive-compulsive, bulimia nervosa, and panic disorders; and positron emission tomography imaging of beta-amyloid neurotic plaques in adult brains. In addition, the company offers products for the treatment of non-small cell lung, colorectal, head and neck, pancreatic, metastatic breast, ovarian, bladder, and metastatic gastric cancers, as well as malignant pleural mesothelioma; and cardiovascular products. Further, it provides animal health products, such as cattle feed additives; protein supplements for cows; leanness and performance enhancers for swine and cattle; antibiotics to treat respiratory and other diseases in cattle, swine, and poultry; anticoccidial agents for poultry; and chewable tablets that kill fleas and prevent flea infestations, heartworm diseases, roundworm diseases, hookworm diseases, and whipworm diseases. Additionally, the company offers products to treat chronic manifestations of atopic dermatitis and congestive heart failure in dogs; and chronic allergic dermatitis and kidney diseases in cats. It has a clinical collaboration agreement with Athenex, Inc.; and a research agreement with AstraZeneca for the development of clinical candidate MEDI1814 as a disease-modifying treatment for Alzheimer’s disease. Eli Lilly and Company was founded in 1876 and is headquartered in Indianapolis, Indiana.

Exelixis, Inc. (EXEL) shares were up in last trading by 1.29% to $18.02. It experienced lighter than average volume on day. The stock decreased in value by almost -4.71% over the past week and grew 7.71% in the past month. It is currently trading 11.48% above its 50 day moving average and 68.74% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -6.63% decrease in value from its one year high of $19.3. The RSI indicator value of 58.4, lead us to believe that it is a hold for now.

Exelixis, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer. It focuses on advancing cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, and VEGF receptors, which has shown clinical anti-tumor activity in approximately 20 forms of cancer and is the subject of a broad clinical development program. The company has received regulatory approval for two separate formulations of cabozantinib for the treatment of certain forms of kidney and thyroid cancer and marketed as CABOMETYX tablets in the United States and COMETRIQ capsules in the United States and European Union respectively. It also offers COTELLIC (cobimetinib), a selective inhibitor of MEK, in the United States and European Union; and is being evaluated for further potential indications by Roche and Genentech under collaboration with Exelixis. Exelixis, Inc. has collaboration and license agreements with Ipsen Pharma SAS, Genentech, Inc., GlaxoSmithKline, Bristol-Myers Squibb Company, Sanofi, Merck, and Daiichi Sankyo Company Limited for the development and commercialization of various compounds and programs. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was founded in 1994 and is headquartered in South San Francisco, California.

SunPower Corporation (SPWR) traded within a range of $6.97 to $7.33 after opening the day at $7.28. The company has seen its stock increase in value by 6.51% so far this year. The stock was down close to -3.3% on active volume in last trading session and closed at $7.04 per share. After the recent fall, the stock is currently holding -73.22% below its 52 week high of $26.29 and 17.33% above its 12-month low of $6. The shares are down by over -17.18% in the last three months, and the RSI indicator value of 47.13 is neither bullish nor bearish, tempting investors to stay on the sidelines.

SunPower Corporation designs, manufactures, and delivers solar systems to residential, commercial, and power plant customers worldwide. It operates through three segments: Residential, Commercial, and Power Plant. The company provides solar power components, including panels and other system components. It also offers commercial rooftop and ground-mounted solar power systems, residential mounting systems, and power plant systems, as well as utility-scale photovoltaic power plants. In addition, the company offers operations and maintenance services, including remote monitoring, and preventative and corrective maintenance services, as well as rapid-response outage restoration services. Further, it leases solar power systems to residential customers; and sells inverters manufactured by third parties. The company serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. SunPower Corporation also sells its products to dealers, systems integrators, and distributors. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Energies Nouvelles Activités USA.