3 Stocks in Focus: AK Steel Holding Corporation (AKS), United States Steel Corporation (X), Plug Power Inc. (PLUG)

AK Steel Holding Corporation (AKS) climbed 4.41% during last trading as the stock added $0.37 to finish the day at $8.76 with about 36.67M shares changing hands, compared to its three month average trading volume of 22.42M. The $2.84B market cap company, which fluctuated between $8.37 and $8.81 during the day, currently situated 315.17% above its 52 week low of $2.19 and -23.09% away from its one year high of $11.39. The RSI of 48.72 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

United States Steel Corporation (X) gained $2.11 to close the day at a new closing price of $39.71, a 5.61% increase in value from its previous closing price that moved the stock 500.4% above its 52 week low of $6.94. A total of 25.67M shares exchanged hands during the day compared with its three month average trading volume of 18.03M. The stock, which fluctuated between $38.58 and $40.39 during the day, currently situated 1.61% above its 52 week high. The stock is up by 21.17% in the past one month and up by 61.27% over the past three months. With a one year target estimate of $34.13 and RSI of 66.64, the stock still has upside potential, making it a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Plug Power Inc. (PLUG) had a light trading with around 24.6M shares changing hands compared to its three month average trading volume of 4.13M. The stock traded between $1.06 and $1.31 before closing at the price of $1.1 with -6.78% change on the day. The Latham New York 12110 based company is currently trading 32.53% above its 52 week low of $0.83 and -51.75% below its 52 week high of $2.28. Both the RSI indicator and target price of 50.28 and $2.26 respectively, lead us to believe that it should be put on hold over the coming weeks.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States. The company focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. Its product line includes GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and GenFund, which offers financing solutions to customers. The company sells its products to businesses and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

 

Stocks Trend Analysis: Cliffs Natural Resources Inc. (CLF), Chesapeake Energy Corporation (CHK), AK Steel Holding Corporation (AKS)

Cliffs Natural Resources Inc. (CLF) continued its upward trend with the stock climbing 19.43% or $1.85 to close the day at $11.37 on active trading volume of 90.94M shares, compared to its three month average trading volume of 14.71M. The Cleveland Ohio 44114 based company has been outperforming the industrial metals & minerals group over the past 52 weeks, with the stock gaining 535.2%, compared to the industry which has advanced 107.59% over the same period. With RSI of 71.08, the stock should still continue to rise and get closer to its one year target estimate of $8, making it a hold for now.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. Cliffs Natural Resources Inc. sells its iron products to integrated steel companies and steel producers in the United States, China, Canada, and internationally. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Chesapeake Energy Corporation (CHK) grew with the stock adding 3.1% or $0.19 to close at $6.31 on light trading volume of 31.51M compared its three months average trading volume of 47.65M. The Oklahoma City Oklahoma 73118 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 271.18% up for the period and down by -10.11% so far this year. With price target of $7.65 and a 312.42% rebound from 52-week low, Chesapeake Energy Corporation has plenty of upside potential, making it a hold with a view buy.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

AK Steel Holding Corporation (AKS) continued its upward trend with the stock climbing 7.71% or $0.62 to close the day at $8.66 on higher than average trading volume of 30.58M shares, compared to its three month average trading volume of 23.03M. The West Chester Ohio 45069 based company has been outperforming the steel & iron companies by 42.4676% for last three months and its recent gains have offset losses to -15.18% YTD, versus the steel & iron industry which is up 7.72% for the same period. The RSI of 46.4 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

 

3 Trending Stocks: AK Steel Holding Corporation (AKS), MYOS RENS Technology Inc. (MYOS), Genworth Financial, Inc. (GNW)

AK Steel Holding Corporation (AKS) failed to extend gains with the stock declining -2.32% or $-0.19 to close the day at $8.01 on light trading volume of 16.59M shares, compared to its three month average trading volume of 23.28M. The West Chester Ohio 45069 based company has been outperforming the steel & iron group over the past 52 weeks, with the stock gaining 260.81%, compared to the industry which has advanced 95.98% over the same period. With RSI of 33.06, the stock should still continue to rise and get closer to its one year target estimate of $9.66, making it a hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

MYOS RENS Technology Inc. (MYOS) climbed 30.75% during last trading as the stock added $1.11 to finish the day at $4.72 with about 16.2M shares changing hands, compared to its three month average trading volume of 919.19K. The $17.46M market cap company, which fluctuated between $3.61 and $5.48 during the day, currently situated 362.75% above its 52 week low of $1.02 and -32.38% away from its one year high of $6.98. The RSI of 66.82 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

MYOS RENS Technology Inc., a bionutrition and biotherapeutics company, focuses on the discovery, development, and commercialization of nutritional and therapeutic products for maintaining and improving the health and performance of muscle tissue. The company primarily focuses on developing the products that improve muscle health and function essential to the management of sarcopenia, cachexia, and degenerative muscle diseases, and as an adjunct to the treatment of obesity. Its products include Fortetropin, a dietary supplement that has been shown in clinical studies to temporarily decrease the levels of serum myostatin; and MYO-T12, a proprietary formula containing Fortetropin and other ingredients for the sports nutrition market. The company was formerly known as MYOS Corporation and changed its name to MYOS RENS Technology Inc. in March 2016. MYOS RENS Technology Inc. was founded in 2007 and is based in Cedar Knolls, New Jersey.

Genworth Financial, Inc. (GNW) saw its value decrease by -0.57% as the stock dropped $-0.02 to finish the day at a closing price of $3.48. The stock was higher in trading and has fluctuated between $1.57-$5.27 per share for the past year. The shares, which traded within a range of $3.37 to $3.55 during the day, are down by -13.43% in the past three months and down by 0% over the past six months. It is currently trading -4.53% below its 20 day moving average and -11.39% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $4.89 a share over the next twelve months. The current relative strength index (RSI) reading is 40.69. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insure prime-based and individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance, as well as bulk mortgage insurance that aids in the sale of mortgages to the capital markets in Australia. The U.S. Life Insurance segment offers long-term care insurance products, as well as service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segment’s institutional products include funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services primarily through appointed independent producers, financial intermediaries, employer groups, and sales specialists. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.

 

3 Stocks to Watch For: Cypress Semiconductor Corporation (CY), AK Steel Holding Corporation (AKS), Cliffs Natural Resources Inc. (CLF)

Cypress Semiconductor Corporation (CY) saw its value increase by 8.95% as the stock gained $1.06 to finish the day at a closing price of $12.91. The stock was higher in trading and has fluctuated between $6.3-$12.97 per share for the past year. The shares, which traded within a range of $12.28 to $12.97 during the day, are up by 34.77% in the past three months and up by 13.81% over the past six months. It is currently trading 10.77% above its 20 day moving average and 13.38% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $13.4 a share over the next twelve months. The current relative strength index (RSI) reading is 69.03.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells mixed-signal programmable solutions worldwide. The company’s Programmable Solutions division designs and develops programmable solutions, including Traveo automotive microcontrollers; programmable system-on-chip products; ARM Cortex-M4, -M3, and -M0+ microcontrollers; R4 CPUs; analog power management integrated circuits; CapSense capacitive-sensing controllers; TrueTouch touchscreen and fingerprint reader products; and Bluetooth low energy solutions for the Internet of things. Its Memory Products division designs and manufactures NOR and NAND flash memories, static random access memory (SRAM) products, HyperRAm, synchronous and asynchronous SRAMs, nvSRAMs, F-RAM ferroelectric memory devices, dual port memories, first-in first-out memories, RoboClock buffers, and programmable clocks. The company’s Data Communications division provides universal serial bus (USB) controllers; Bluetooth low energy and wirelessUSB solutions; module solutions, such as trackpads and Bluetooth low energy modules; and controllers for the new USB type-C standards. Its Emerging Technology division provides wafer level chip scale packaging solutions and foundry services, as well as other development stage activities. The company serves various markets, including automotive, industrial, communications, consumer, computation, data communications, mobile handsets, and military markets. It sells its semiconductor products through distributors and manufacturing representative firms, as well as through sales force to direct original equipment manufacturers and their suppliers. The company has a strategic foundry partnership with HuaHong Grace Semiconductor Manufacturing Corporation and United Microelectronics Corporation. Cypress Semiconductor Corporation was founded in 1982 and is headquartered in San Jose, California.

AK Steel Holding Corporation (AKS) shares were up in last trading by 2.65% to $8.13. It experienced lighter than average volume on day. The stock increased in value by almost 0.74% over the past week and fell -26.82% in the past month. It is currently trading -16.94% below its 50 day moving average and 31.66% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -28.62% decrease in value from its one year high of $11.39. The RSI indicator value of 33.9, lead us to believe that it is a hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

Cliffs Natural Resources Inc. (CLF) traded within a range of $8.48 to $9 after opening the day at $9. The company has seen its stock increase in value by 4.52% so far this year. The stock was down close to -4.46% on active volume in last trading session and closed at $8.79 per share. After the recent fall, the stock is currently holding -19.36% below its 52 week high of $10.9 and 470.78% above its 12-month low of $1.66. The shares are up by over 60.69% in the last three months, and the RSI indicator value of 44.89 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. Cliffs Natural Resources Inc. sells its iron products to integrated steel companies and steel producers in the United States, China, Canada, and internationally. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

 

Stocks Trend Analysis: Rite Aid Corporation (RAD), Chesapeake Energy Corporation (CHK), AK Steel Holding Corporation (AKS)

Rite Aid Corporation (RAD) continued its downward trend with the stock declining -6.23% or $-0.35 to close the day at $5.27 on active trading volume of 51.09M shares, compared to its three month average trading volume of 22.82M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -33.04%, compared to the industry which has advanced 0.95% over the same period. With RSI of 15.96, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Chesapeake Energy Corporation (CHK) retreated with the stock falling -0.78% or $-0.05 to close at $6.4 on light trading volume of 33.96M compared its three months average trading volume of 49.2M. The Oklahoma City Oklahoma 73118 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 114.05% up for the period and down by -8.83% so far this year. With price target of $7.65 and a 326.67% rebound from 52-week low, Chesapeake Energy Corporation has plenty of upside potential, making it a hold with a view buy.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

AK Steel Holding Corporation (AKS) continued its downward trend with the stock declining -3.59% or $-0.29 to close the day at $7.79 on higher than average trading volume of 30.83M shares, compared to its three month average trading volume of 23.18M. The West Chester Ohio 45069 based company has been outperforming the steel & iron companies by 49.63% for last three months and its recent gains have offset losses to -23.7% YTD, versus the steel & iron industry which is up 3.28% for the same period. The RSI of 30.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

 

3 Stocks in Focus: Advanced Micro Devices, Inc. (AMD), Tempur Sealy International, Inc. (TPX), AK Steel Holding Corporation (AKS)

Advanced Micro Devices, Inc. (AMD) fell -0.56% during last trading as the stock lost $-0.06 to finish the day at $10.61 with about 37.63M shares changing hands, compared to its three month average trading volume of 49.12M. The $9.83B market cap company, which fluctuated between $10.3 and $10.68 during the day, currently situated 486.19% above its 52 week low of $1.81 and -14.57% away from its one year high of $12.42. The RSI of 53.08 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

Tempur Sealy International, Inc. (TPX) dropped $-17.7 to close the day at a new closing price of $45.49, a -28.01% decrease in value from its previous closing price that moved the stock -10.01% below its 52 week low of $42.51. A total of 26.56M shares exchanged hands during the day compared with its three month average trading volume of 940.55K. The stock, which fluctuated between $42.51 and $47.25 during the day, currently situated -44.74% below its 52 week high. The stock is down by -33.63% in the past one month and down by -16.9% over the past three months. With a one year target estimate of $66.11 and RSI of 16.45, the stock still has upside potential, making it a buy for now.

Tempur Sealy International, Inc., together with its subsidiaries, develops, manufactures, markets, and distributes bedding products worldwide. It operates through two segments, North America and International. The company provides mattresses, foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various comfort products. It offers its products under the TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum, and Stearns & Foster brand names. The company sells its products through furniture and bedding retailers, department stores, specialty retailers, and warehouse clubs; e-commerce platforms, company-owned stores, and call centers; and other third party distributors, and hospitality and healthcare customers. It is also involved in licensing its Sealy, and Stearns & Foster brands, technology, and trademarks to other manufacturers. Tempur Sealy International, Inc. was founded in 1989 and is headquartered in Lexington, Kentucky.

AK Steel Holding Corporation (AKS) had a active trading with around 25M shares changing hands compared to its three month average trading volume of 23.24M. The stock traded between $7.67 and $8.11 before closing at the price of $8.09 with 0.25% change on the day. The West Chester Ohio 45069 based company is currently trading 330.32% above its 52 week low of $2 and -28.97% below its 52 week high of $11.39. Both the RSI indicator and target price of 32.77 and $9.66 respectively, lead us to believe that it should be put on hold over the coming weeks.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

 

Trader’s Buzzers: Advanced Micro Devices, Inc. (AMD), Chesapeake Energy Corporation (CHK), AK Steel Holding Corporation (AKS)

Advanced Micro Devices, Inc. (AMD) traded within a range of $10.52 to $10.73 after opening the day at $10.6. The company has seen its stock decrease in value by -5.91% so far this year. The stock was up close to 1.43% on light volume in last trading session and closed at $10.67 per share. After the recent gain, the stock is currently holding -14.09% below its 52 week high of $12.42 and 489.5% above its 12-month low of $1.81. The shares are up by over 46.36% in the last three months, and the RSI indicator value of 54.16 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

Chesapeake Energy Corporation (CHK) continued its downward trend with the stock declining -2.81% or $-0.2 to close the day at $6.92 on light trading volume of 30.45M shares, compared to its three month average trading volume of 49.63M. The Oklahoma City Oklahoma 73118 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 118.99%, compared to the industry which has advanced 44.7% over the same period. With RSI of 50.59, the stock should still continue to rise and get closer to its one year target estimate of $7.65, making it a hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

AK Steel Holding Corporation (AKS) dropped $-0.12 to close the day at a new closing price of $8.07, a -1.47% decrease in value from its previous closing price that moved the stock 336.22% above its 52 week low of $1.93. A total of 23.86M shares exchanged hands during the day compared with its three month average trading volume of 24.85M. The stock, which fluctuated between $7.93 and $8.23 during the day, currently situated -29.15% below its 52 week high. The stock is down by -24.86% in the past one month and up by 46.73% over the past three months. With a one year target estimate of $9.66 and RSI of 31.96, the stock still has upside potential, making it a hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

 

Stocks Trend Analysis: Rite Aid Corporation (RAD), AK Steel Holding Corporation (AKS), Mattel, Inc. (MAT)

Rite Aid Corporation (RAD) continued its downward trend with the stock declining -1.74% or $-0.12 to close the day at $6.78 on active trading volume of 40.82M shares, compared to its three month average trading volume of 19.21M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -12.29%, compared to the industry which has advanced 2.44% over the same period. With RSI of 23.9, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

AK Steel Holding Corporation (AKS) retreated with the stock falling -0.85% or $-0.07 to close at $8.19 on active trading volume of 40.1M compared its three months average trading volume of 24.38M. The West Chester Ohio 45069 based company operating under the Steel & Iron industry has been trending up for the last 52 weeks, with the shares price now 322.16% up for the period and down by -19.78% so far this year. With price target of $10.32 and a 342.7% rebound from 52-week low, AK Steel Holding Corporation has plenty of upside potential, making it a hold with a view buy.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

Mattel, Inc. (MAT) failed to extend gains with the stock declining -17.65% or $-5.57 to close the day at $25.99 on higher than average trading volume of 36.05M shares, compared to its three month average trading volume of 3.95M. The El Segundo California 90245 based company has been underperforming the toys & games companies by -19.2019% for last three months and its recent losses have pulled the stock down -5.66% YTD, versus the toys & games industry which is down -0.36% for the same period. The RSI of 31.39 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, including Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and DC Comics. The company also provides its products under the Fisher-Price brands, such as Fisher-Price, Little People, BabyGear, Laugh & Learn, Imaginext, Thomas & Friends, Dora the Explorer, Mickey Mouse Clubhouse, Disney Jake, the Never Land Pirates, and Power Wheels. In addition, it offers its products under the American Girl brands comprising Truly Me, BeForever, and Bitty Baby; and construction, and arts and crafts brands, such as MEGA BLOKS, RoseArt, and Board Dudes, as well as publishes the American Girl magazine. Mattel, Inc. sells its products directly to consumers via its catalog, Website, and proprietary retail stores, as well as directly to retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; to wholesalers; and through agents and distributors. The company was founded in 1945 and is headquartered in El Segundo, California.

 

Stocks Under Consideration: Advanced Micro Devices, Inc. (AMD), AK Steel Holding Corporation (AKS), Chesapeake Energy Corporation (CHK)

Advanced Micro Devices, Inc. (AMD) retreated with the stock falling -0.86% or $-0.09 to close at $10.35 on active trading volume of 61.78M compared its three months average trading volume of 49.67M. The Sunnyvale California 94088 based company operating under the Semiconductor – Broad Line industry has been trending up for the last 52 weeks, with the shares price now 400% up for the period and down by -8.73% so far this year. With price target of $9.35 and a 471.82% rebound from 52-week low, Advanced Micro Devices, Inc. has plenty of upside potential, making it a hold with a view buy.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

AK Steel Holding Corporation (AKS) had a active trading with around 51.5M shares changing hands compared to its three month average trading volume of 23.98M. The stock traded between $7.98 and $8.48 before closing at the price of $8.26 with -4.84% change on the day. The West Chester Ohio 45069 based company is currently trading 356.35% above its 52 week low of $1.88 and -27.48% below its 52 week high of $11.39. Both the RSI indicator and target price of  and $10.32 respectively, lead us to believe that it could rise over the coming weeks.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

Chesapeake Energy Corporation (CHK) saw its value increase by 3.18% as the stock gained $0.22 to finish the day at a closing price of $7.13. The stock was lighter in trading and has fluctuated between $1.5-$8.2 per share for the past year. The shares, which traded within a range of $7.01 to $7.26 during the day, are up by 12.11% in the past three months and up by 33.27% over the past six months. It is currently trading 1.86% above its 20 day moving average and 3.71% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $7.67 a share over the next twelve months. The current relative strength index (RSI) reading is 55.91.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

 

Stocks Trend Analysis: Bank of America Corporation (BAC), AK Steel Holding Corporation (AKS), Freeport-McMoRan Inc. (FCX)

Bank of America Corporation (BAC) managed to rebound with the stock climbing 1.73% or $0.39 to close the day at $22.95 on active trading volume of 98.3M shares, compared to its three month average trading volume of 119.19M. The Charlotte North Carolina 28255 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 79.86%, compared to the industry which has advanced 15.52% over the same period. With RSI of 58.45, the stock should still continue to rise and get closer to its one year target estimate of $24.79, making it a hold for now.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through five segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets, and Legacy Assets & Servicing. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans. This segment provides its products and services through approximately 4,700 financial centers, 16,000 ATMs, call centers, and online and mobile platforms. The Global Wealth & Investment Management segment offers investment management, brokerage, banking, and retirement products, as well as wealth management and customized solutions. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, real estate lending, and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. The Legacy Assets & Servicing segment engages in mortgage servicing activities related to residential first mortgage and home equity loans; and managing legacy exposures related to mortgage origination, sales, and servicing. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

AK Steel Holding Corporation (AKS) retreated with the stock falling -6.57% or $-0.61 to close at $8.68 on active trading volume of 74.03M compared its three months average trading volume of 23.13M. The West Chester Ohio 45069 based company operating under the Steel & Iron industry has been trending up for the last 52 weeks, with the shares price now 374.32% up for the period and down by -14.99% so far this year. With price target of $10.32 and a 379.56% rebound from 52-week low, AK Steel Holding Corporation has plenty of upside potential, making it a hold with a view buy.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

Freeport-McMoRan Inc. (FCX) continued its upward trend with the stock climbing 8.27% or $1.3 to close the day at $17.02 on higher than average trading volume of 56.57M shares, compared to its three month average trading volume of 32.36M. The Phoenix Arizona 85004 based company has been outperforming the copper companies by 69.421% for last three months and its recent gains have pushed the stock slightly up 29.04% YTD, versus the copper industry which is up 41.21% for the same period. The RSI of 70.14 indicates the stock is overbought at the current levels, sell for now.

Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The company explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, as well as oil and gas. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo, Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico; oil production facilities onshore and offshore in California; onshore natural gas resources in the Haynesville shale in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore located in South Louisiana. As of December 31, 2015, its consolidated recoverable proven and probable mineral reserves included 99.5 billion pounds of copper, 27.1 million ounces of gold, 3.05 billion pounds of molybdenum, 271.2 million ounces of silver, and 0.87 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 252 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.