Trader Alert: Electronic Arts Inc. (EA), Conagra Brands, Inc. (CAG), Amazon.com, Inc. (AMZN)

Electronic Arts Inc. (EA) retreated with the stock falling -0.11% or $-0.1 to close at $87.85 on light trading volume of 2.74M compared its three months average trading volume of 2.89M. The Redwood City California 94065 based company operating under the Multimedia & Graphics Software industry has been trending up for the last 52 weeks, with the shares price now 50.56% up for the period and up by 11.54% so far this year. With price target of $94.38 and a 51.2% rebound from 52-week low, Electronic Arts Inc. has plenty of upside potential, making it a hold with a view buy.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for consoles, personal computers, mobile phones, and tablets worldwide. It develops and publishes digital interactive entertainment games primarily under the FIFA, Madden NFL, Star Wars, Battlefield, The Sims, Need for Speed, Mass Effect, Dragon Age, Plants vs. Zombies, and Titanfall brand names. The company also offers casual games, such as cards, puzzles, and word games through its Pogo online service. Electronic Arts Inc. was founded in 1982 and is headquartered in Redwood City, California.

Conagra Brands, Inc. (CAG) dropped $-0.01 to close the day at a new closing price of $39.93, a -0.03% decrease in value from its previous closing price that moved the stock 27.35% above its 52 week low of $32.03. A total of 2.72M shares exchanged hands during the day compared with its three month average trading volume of 3.08M. The stock, which fluctuated between $39.74 and $40.29 during the day, currently situated -0.5% below its 52 week high. The stock is up by 3.65% in the past one month and up by 12.05% over the past three months. With a one year target estimate of $41.33 and RSI of 68.29, the stock still has upside potential, making it a hold for now.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Amazon.com, Inc. (AMZN) shares were up in last trading by 0.17% to $844.14. It experienced lighter than average volume on day. The stock increased in value by almost 2.77% over the past week and grew 4.54% in the past month. It is currently trading 6.09% above its 50 day moving average and 10.11% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.36% decrease in value from its one year high of $847.21. The RSI indicator value of 66.2, lead us to believe that it is a hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo; and provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it provides compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

 

3 Stocks in Focus: Amazon.com, Inc. (AMZN), Incyte Corporation (INCY), American International Group, Inc. (AIG)

Amazon.com, Inc. (AMZN) fell -0.02% during last trading as the stock lost $-0.14 to finish the day at $836.39 with about 2.79M shares changing hands, compared to its three month average trading volume of 3.82M. The $394.49B market cap company, which fluctuated between $831.45 and $838.31 during the day, currently situated 63.47% above its 52 week low of $515.35 and -1.28% away from its one year high of $847.21. The RSI of 62.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo; and provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it provides compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Incyte Corporation (INCY) gained $2.17 to close the day at a new closing price of $123.32, a 1.79% increase in value from its previous closing price that moved the stock 104.51% above its 52 week low of $60.3. A total of 1.87M shares exchanged hands during the day compared with its three month average trading volume of 1.34M. The stock, which fluctuated between $119.62 and $125.49 during the day, currently situated -1.24% below its 52 week high. The stock is up by 4.73% in the past one month and up by 18% over the past three months. With a one year target estimate of $131.93 and RSI of 61.33, the stock still has upside potential, making it a hold for now.

Incyte Corporation focuses on the discovery, development, and commercialization of proprietary therapeutics in oncology in the United States and internationally. It offers JAKAFI for the treatment of myelofibrosis and polycythemia vera cancers. Its clinical stage products include ruxolitinib cream, which is in Phase II clinical trials for the treatment of alopecia areata; and INCB52793 that is in Phase I/II clinical trials for the treatment of advanced malignancies. The company’s clinical stage products also comprise baricitinib, which is in Phase III trials for rheumatoid arthritis, as well as completed Phase II clinical trial for psoriasis and diabetic nephropathy; and in Phase II clinical trial for atopic dermatitis. In addition, it is developing INCB39110, which is in Phase I/II trials in combination with osimertinib for lung cancer, as well as in Phase I/II trials in combination with pembrolizumab for advanced malignancies; and in Phase II clinical trial for graft versus host disease. Further, the company’s clinical stage products include epacadostat that is in Phase II clinical trial for various tumors, and in Phase I/II clinical trial for non-small cell lung cancer, as well as for advanced melanoma. Additionally, it is developing INCB54329 (BRD) and INCB53914 (PIM), which are in Phase I/II trials for the treatment of advanced malignancies; INCB50465 (PI3Kd) that is in Phase I/II trials for B-cell malignancies and solid tumors; INCB54828 (FGFR) and INCSHR1210 that are in I/II trials for solid tumors; and capmatinib that is in Phase II trial for the treatment of non-small cell lung, glioblastoma, and liver cancer. The company markets its JAKAFI product through a network of specialty pharmacy providers and wholesalers. It has collaboration agreements with Novartis International Pharmaceutical Ltd.; Eli Lilly and Company; Agenus Inc.; Pfizer Inc.; and Jiangsu Hengrui Medicine Co., Ltd. The company was founded in 1991 and is headquartered in Wilmington, Delaware.

American International Group, Inc. (AIG) had a active trading with around 7.75M shares changing hands compared to its three month average trading volume of 5.33M. The stock traded between $66.26 and $66.93 before closing at the price of $66.89 with 1.13% change on the day. The New York New York 10038 based company is currently trading 39.62% above its 52 week low of $48.41 and -0.86% below its 52 week high of $67.47. Both the RSI indicator and target price of 63.74 and $72 respectively, lead us to believe that it should be put on hold over the coming weeks.

American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance and Consumer Insurance. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis management causality insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products; various insurance products for small and medium sized enterprises; and professional liability insurance products. It also provides mortgage guaranty insurance; stable value wrap products, and structured settlement and terminal funding annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent retail and wholesale brokers, agency network, specialized marketing and consulting firms, and structured settlement brokers. Its Consumer Insurance segment offers retirement products, such as fixed annuities, and immediate and deferred income annuities; variable and fixed index annuities; and mutual funds, and plan administrative and compliance services. This segment’s products also include term and whole life, cancer, and critical illness insurance products; personal accident and supplemental health products; travel insurance products and services; automobile and homeowners, and extended warranty insurance; and identity theft and credit card protection products. It sells its products through agents, direct marketing, independent marketing organizations, financial advisors, banks, wirehouses, and broker-dealers. The company was founded in 1919 and is based in New York, New York.

 

Trader’s Buzzers: Best Buy Co., Inc. (BBY), American Electric Power Company, Inc. (AEP), Amazon.com, Inc. (AMZN)

Best Buy Co., Inc. (BBY) traded within a range of $44.31 to $45 after opening the day at $44.96. The company has seen its stock increase in value by 4.71% so far this year. The stock was down close to -0.11% on light volume in last trading session and closed at $44.68 per share. After the recent fall, the stock is currently holding -9.55% below its 52 week high of $49.4 and 79.04% above its 12-month low of $28.02. The shares are up by over 16.72% in the last three months, and the RSI indicator value of 49.57 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, bestbuy.com.mx, and Geek Squad brand names, as well as through call centers. As of January 30, 2016, it had approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

American Electric Power Company, Inc. (AEP) managed to rebound with the stock climbing 0.84% or $0.53 to close the day at $63.95 on light trading volume of 2.43M shares, compared to its three month average trading volume of 2.53M. The Columbus Ohio 43215 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 8.08%, compared to the industry which has advanced 10.83% over the same period. With RSI of 61.5, the stock should still continue to rise and get closer to its one year target estimate of $67.03, making it a hold for now.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company delivers electricity to approximately 5.4 million customers in 11 states. The company owns and leases approximately 4,838 railcars, 498 barges, 12 towboats, 8 harbor boats, and a coal handling terminal. American Electric Power Company, Inc. was founded in 1906 and is headquartered in Columbus, Ohio.

Amazon.com, Inc. (AMZN) gained $6.1 to close the day at a new closing price of $827.46, a 0.74% increase in value from its previous closing price that moved the stock 70.96% above its 52 week low of $511.66. A total of 2.43M shares exchanged hands during the day compared with its three month average trading volume of 4.03M. The stock, which fluctuated between $822.85 and $828 during the day, currently situated -2.33% below its 52 week high. The stock is up by 3.56% in the past one month and up by 7.2% over the past three months. With a one year target estimate of $926.38 and RSI of 59, the stock still has upside potential, making it a hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo; and provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it provides compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

 

Stocks To Track: The Home Depot, Inc. (HD), Amazon.com, Inc. (AMZN), PG&E Corporation (PCG)

The Home Depot, Inc. (HD) climbed 0.9% during last trading as the stock added $1.23 to finish the day at $137.88 with about 2.88M shares changing hands, compared to its three month average trading volume of 4.87M. The $168.77B market cap company, which fluctuated between $136.82 and $137.91 during the day, currently situated 28.46% above its 52 week low of $112.22 and -1.07% away from its one year high of $139.37. The RSI of 58.22 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

Amazon.com, Inc. (AMZN) gained $7.21 to close the day at a new closing price of $819.71, a 0.89% increase in value from its previous closing price that moved the stock 72.93% above its 52 week low of $484. A total of 2.85M shares exchanged hands during the day compared with its three month average trading volume of 4.13M. The stock, which fluctuated between $812.5 and $821.48 during the day, currently situated -3.25% below its 52 week high. The stock is up by 2.86% in the past one month and up by 4.43% over the past three months. With a one year target estimate of $929.1 and RSI of 55.14, the stock still has upside potential, making it a hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

PG&E Corporation (PCG) had a active trading with around 2.83M shares changing hands compared to its three month average trading volume of 2.18M. The stock traded between $62.44 and $63.62 before closing at the price of $63.17 with 2.17% change on the day. The San Francisco California 94177 based company is currently trading 19.72% above its 52 week low of $54.45 and -1.91% below its 52 week high of $65.43. Both the RSI indicator and target price of 66.83 and $65.84 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

Momentum Stocks: Amazon.com, Inc. (AMZN), Express Scripts Holding Company (ESRX), Citrix Systems, Inc. (CTXS)

Amazon.com, Inc. (AMZN) retreated with the stock falling -0.32% or $-2.56 to close at $807.64 on light trading volume of 3.81M compared its three months average trading volume of 4.21M. The Seattle Washington 98109 based company operating under the Catalog & Mail Order Houses industry has been trending up for the last 52 weeks, with the shares price now 60.84% up for the period and up by 7.7% so far this year. With price target of $929.1 and a 70.39% rebound from 52-week low, Amazon.com, Inc. has plenty of upside potential, making it a hold with a view buy.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Express Scripts Holding Company (ESRX) had a light trading with around 3.8M shares changing hands compared to its three month average trading volume of 4.36M. The stock traded between $66.53 and $67.79 before closing at the price of $67.4 with 0.46% change on the day. The St. Louis Missouri 63121 based company is currently trading 4.56% above its 52 week low of $64.46 and -15.77% below its 52 week high of $80.02. Both the RSI indicator and target price of  and $80.47 respectively, lead us to believe that it could rise over the coming weeks.

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States, Canada, and Europe. The company operates through two segments, PBM and Other Business Operations. The company’s PBM segment’s products and services include clinical solutions to enhance health outcomes; specialized pharmacy care; home delivery pharmacy; specialty pharmacy, including the distribution of fertility pharmaceuticals that require special handling or packaging; and retail network pharmacy administration. It also provides benefit design consultation; drug utilization review; drug formulary management; an array of Medicare, Medicaid, and health insurance marketplace; administration of a group purchasing organization; and consumer health and drug information services. In addition, the company distributes specialty pharmaceuticals and medical supplies to providers, clinics, and hospitals; and offers consulting services, including design, implementation, and project management for pharmaceutical, biotechnology, and device manufacturers to collect scientific evidence to guide the use of medicines. It serves managed care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans, government health programs, providers, clinics, hospitals, and others. As of December 31, 2015, the company operated four automated dispensing home delivery pharmacies; one non-automated dispensing home delivery pharmacy; and one non-dispensing home delivery pharmacy maintained for business continuity purpose, as well as several non-dispensing order processing centers, patient contact centers, specialty drug pharmacies, and fertility pharmacies. The company was formerly known as Aristotle Holding, Inc. and changed its name to Express Scripts Holding Company in April 2012. Express Scripts Holding Company was founded in 1986 and is headquartered in St. Louis, Missouri.

Citrix Systems, Inc. (CTXS) saw its value decrease by -0.52% as the stock dropped $-0.4 to finish the day at a closing price of $76.3. The stock was higher in trading and has fluctuated between $60.91-$95.9 per share for the past year. The shares, which traded within a range of $75.54 to $76.73 during the day, are down by -8.57% in the past three months and down by -10.24% over the past six months. It is currently trading -14.49% below its 20 day moving average and -14.6% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $86.75 a share over the next twelve months. The current relative strength index (RSI) reading is 32.61.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

Stocks To Watch: Amazon.com, Inc. (AMZN), Fifth Third Bancorp (FITB), The Walt Disney Company (DIS)

Amazon.com, Inc. (AMZN) traded within a range of $828.26 to $842.49 after opening the day at $836.59. The company has seen its stock increase in value by 12.01% so far this year. The stock was up close to 0.91% on active volume in last trading session and closed at $839.95 per share. After the recent gain, the stock is currently holding -0.86% below its 52 week high of $847.21 and 77.2% above its 12-month low of $474. The shares are up by over 6.94% in the last three months, and the RSI indicator value of 70.41 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Fifth Third Bancorp (FITB) failed to extend gains with the stock declining -1.14% or $-0.3 to close the day at $25.94 on light trading volume of 6.59M shares, compared to its three month average trading volume of 7.24M. The Cincinnati Ohio 45263 based company has been outperforming the regional – midwest banks group over the past 52 weeks, with the stock gaining 73.5%, compared to the industry which has advanced 47.57% over the same period. With RSI of 42.89, the stock should still continue to rise and get closer to its one year target estimate of $27.4, making it a hold for now.

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The Branch Banking segment provides deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs. The Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. The Investment Advisors segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients comprising states and municipalities. As of December 31, 2015, the company operated 1,254 full-service banking centers, including 95 Bank Mart locations, as well as 2,593 automated teller machines in 12 states throughout the Midwestern and Southeastern regions of the United States. Fifth Third Bancorp was founded in 1862 and is headquartered in Cincinnati, Ohio.

The Walt Disney Company (DIS) dropped $-0.69 to close the day at a new closing price of $110.61, a -0.62% decrease in value from its previous closing price that moved the stock 30.17% above its 52 week low of $86.25. A total of 6.51M shares exchanged hands during the day compared with its three month average trading volume of 8.34M. The stock, which fluctuated between $110.55 and $111.54 during the day, currently situated -1.23% below its 52 week high. The stock is up by 4.27% in the past one month and up by 20.64% over the past three months. With a one year target estimate of $112.3 and RSI of 68.74, the stock still has upside potential, making it a hold for now.

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

 

Stocks To Track: SBA Communications Corporation (SBAC), Incyte Corporation (INCY), Amazon.com, Inc. (AMZN)

SBA Communications Corporation (SBAC) climbed 0.92% during last trading as the stock added $0.96 to finish the day at $105.26 with about 1.09M shares changing hands, compared to its three month average trading volume of 1.15M. The $12.86B market cap company, which fluctuated between $104.46 and $106.07 during the day, currently situated 27.13% above its 52 week low of $82.8 and -11.23% away from its one year high of $118.57. The RSI of 55.55 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

SBA Communications Corporation owns and operates wireless communications tower structures, rooftops, and other structures that support antennas used for wireless communications in the United States and its territories, South America, Central America, and Canada. It operates through two segments, Site Leasing and Site Development. The company leases antenna space to wireless service providers on towers that it owns or operates; and manages rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2015, it owned 25,465 towers; and managed or leased approximately 5,500 actual or potential towers. The company also provides a range of site development services, including network pre-design; site audits; identification of potential locations for towers and antennas; support in buying or leasing of the location; assistance in obtaining zoning approvals and permits; tower and related site construction; antenna installation; and radio equipment installation, commissioning, and maintenance. SBA Communications Corporation was founded in 1989 and is headquartered in Boca Raton, Florida.

Incyte Corporation (INCY) gained $2.98 to close the day at a new closing price of $121.21, a 2.52% increase in value from its previous closing price that moved the stock 120.38% above its 52 week low of $55. A total of 1.47M shares exchanged hands during the day compared with its three month average trading volume of 1.46M. The stock, which fluctuated between $117.1 and $121.31 during the day, currently situated -2.93% below its 52 week high. The stock is up by 18.88% in the past one month and up by 39.11% over the past three months. With a one year target estimate of $124.86 and RSI of 64.29, the stock still has upside potential, making it a hold for now.

Incyte Corporation focuses on the discovery, development, and commercialization of proprietary therapeutics in oncology in the United States and internationally. It offers JAKAFI for the treatment of myelofibrosis and polycythemia vera cancers. Its clinical stage products include ruxolitinib cream, which is in Phase II clinical trials for the treatment of alopecia areata; and INCB52793 that is in Phase I/II clinical trials for the treatment of advanced malignancies. The company’s clinical stage products also comprise baricitinib, which is in Phase III trials for rheumatoid arthritis, as well as completed Phase II clinical trial for psoriasis and diabetic nephropathy; and in Phase II clinical trial for atopic dermatitis. In addition, it is developing INCB39110, which is in Phase I/II trials in combination with osimertinib for lung cancer, as well as in Phase I/II trials in combination with pembrolizumab for advanced malignancies; and in Phase II clinical trial for graft versus host disease. Further, the company’s clinical stage products include epacadostat that is in Phase II clinical trial for various tumors, and in Phase I/II clinical trial for non-small cell lung cancer, as well as for advanced melanoma. Additionally, it is developing INCB54329 (BRD) and INCB53914 (PIM), which are in Phase I/II trials for the treatment of advanced malignancies; INCB50465 (PI3Kd) that is in Phase I/II trials for B-cell malignancies and solid tumors; INCB54828 (FGFR) and INCSHR1210 that are in I/II trials for solid tumors; and capmatinib that is in Phase II trial for the treatment of non-small cell lung, glioblastoma, and liver cancer. The company markets its JAKAFI product through a network of specialty pharmacy providers and wholesalers. It has collaboration agreements with Novartis International Pharmaceutical Ltd.; Eli Lilly and Company; Agenus Inc.; Pfizer Inc.; and Jiangsu Hengrui Medicine Co., Ltd. The company was founded in 1991 and is headquartered in Wilmington, Delaware.

Amazon.com, Inc. (AMZN) had a light trading with around 3.12M shares changing hands compared to its three month average trading volume of 4.12M. The stock traded between $819.56 and $826.99 before closing at the price of $823.48 with -0.83% change on the day. The Seattle Washington 98109 based company is currently trading 73.73% above its 52 week low of $474 and -2.8% below its 52 week high of $847.21. Both the RSI indicator and target price of 63.13 and $929.1 respectively, lead us to believe that it should be put on hold over the coming weeks.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

 

Stocks Trend Analysis: Analog Devices, Inc. (ADI), Amazon.com, Inc. (AMZN), Adobe Systems Incorporated (ADBE)

Analog Devices, Inc. (ADI) continued its upward trend with the stock climbing 1.4% or $1.03 to close the day at $74.54 on active trading volume of 3.94M shares, compared to its three month average trading volume of 2.57M. The Norwood Massachusetts 02062 based company has been outperforming the semiconductor – integrated circuits group over the past 52 weeks, with the stock gaining 49.41%, compared to the industry which has advanced 50.53% over the same period. With RSI of 60.87, the stock should still continue to rise and get closer to its one year target estimate of $79.38, making it a hold for now.

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

Amazon.com, Inc. (AMZN) grew with the stock adding 1.71% or $14.08 to close at $836.52 on light trading volume of 3.93M compared its three months average trading volume of 4.3M. The Seattle Washington 98109 based company operating under the Catalog & Mail Order Houses industry has been trending up for the last 52 weeks, with the shares price now 39.13% up for the period and up by 11.56% so far this year. With price target of $928.53 and a 76.48% rebound from 52-week low, Amazon.com, Inc. has plenty of upside potential, making it a hold with a view buy.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Adobe Systems Incorporated (ADBE) continued its upward trend with the stock climbing 0.47% or $0.53 to close the day at $114.25 on higher than average trading volume of 3.92M shares, compared to its three month average trading volume of 2.66M. The San Jose California 95110 based company has been outperforming the application software companies by 3.0741% for last three months and its recent gains have pushed the stock slightly up 10.98% YTD, versus the application software industry which is up 6.68% for the same period. The RSI of 77.22 indicates the stock is overbought at the current levels, sell for now.

Adobe Systems Incorporated operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company’s Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, advertising and media optimization, digital experience management, cross-channel campaign management, and audience management solutions, as well as video delivery and monetization to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Print and Publishing segment offers products and services, such as eLearning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company markets and licenses its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. The company was founded in 1982 and is headquartered in San Jose, California.

 

Stocks in the Spotlight: Amazon.com, Inc. (AMZN), Washington Prime Group Inc. (WPG), The Progressive Corporation (PGR)

Amazon.com, Inc. (AMZN) had a light trading with around 2.97M shares changing hands compared to its three month average trading volume of 4.32M. The stock traded between $814.5 and $823.99 before closing at the price of $822.44 with 0.56% change on the day. The Seattle Washington 98109 based company is currently trading 73.51% above its 52 week low of $474 and -2.92% below its 52 week high of $847.21. Both the RSI indicator and target price of 67.82 and $928.53 respectively, lead us to believe that it should be put on hold over the coming weeks.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Washington Prime Group Inc. (WPG) continued its downward trend with the stock declining -0.2% or $-0.02 to close the day at $9.76 on active trading volume of 2.95M shares, compared to its three month average trading volume of 1.93M. The Columbus Ohio 43215 based company has been outperforming the property management group over the past 52 weeks, with the stock gaining 17.18%, compared to the industry which has advanced 4.25% over the same period. With RSI of 36.55, the stock should still continue to rise and get closer to its one year target estimate of $10.1, making it a hold for now.

Washington Prime Group Inc. (NYSE:WPG.WI) operates independently of Simon Property Group Inc. as of May 28, 2014.

The Progressive Corporation (PGR) shares were up in last trading by 0.47% to $36.61. It experienced higher than average volume on day. The stock increased in value by almost 1.75% over the past week and grew 2.46% in the past month. It is currently trading 5.53% above its 50 day moving average and 10.67% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.11% decrease in value from its one year high of $36.66. The RSI indicator value of 68.57, lead us to believe that it is a hold for now.

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

 

3 Stocks in Focus: Baxter International Inc. (BAX), Amazon.com, Inc. (AMZN), Xcel Energy Inc. (XEL)

Baxter International Inc. (BAX) fell -0.45% during last trading as the stock lost $-0.21 to finish the day at $46.02 with about 2.7M shares changing hands, compared to its three month average trading volume of 3.96M. The $25.22B market cap company, which fluctuated between $45.65 and $46.39 during the day, currently situated 34.67% above its 52 week low of $35.42 and -7.99% away from its one year high of $50.16. The RSI of 52.1 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Baxter International Inc. provides a portfolio of renal and hospital products. Its Renal segment provides products and services to treat end-stage renal disease, irreversible kidney failure, and acute kidney therapies. This segment offers a comprehensive portfolio to meet the needs of patients across the treatment continuum, including technologies and therapies for peritoneal dialysis, in-center hemodialysis (HD), home HD, continuous renal replacement therapy, and additional dialysis services. The Hospital Products segment manufactures intravenous (IV) solutions and administration sets, premixed drugs and drug-reconstitution systems, pre-filled vials and syringes for injectable drugs, IV nutrition products, infusion pumps, inhalation anesthetics, and biosurgery products. This segment also provides products and services related to pharmacy compounding, drug formulation, and packaging technologies. The company sells its products for use in hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors’ offices, and by patients at home under physician supervision. Baxter International Inc. offers its products through direct sales force, independent distributors or sales agents, drug wholesalers, and specialty pharmacy or other alternate site providers in approximately 100 countries. It has a collaboration agreement with JW Holdings Corporation to co-develop and distribute parenteral nutritional products containing a novel formulation of omega 3 lipids; and agreement with Celerity Pharmaceutical, LLC to develop certain acute care generic injectable premix and oncolytic molecules. The company was founded in 1931 and is headquartered in Deerfield, Illinois.

Amazon.com, Inc. (AMZN) gained $9.55 to close the day at a new closing price of $817.88, a 1.18% increase in value from its previous closing price that moved the stock 72.55% above its 52 week low of $474. A total of 2.69M shares exchanged hands during the day compared with its three month average trading volume of 4.32M. The stock, which fluctuated between $805.08 and $818.5 during the day, currently situated -3.46% below its 52 week high. The stock is up by 6.05% in the past one month and up by 0.93% over the past three months. With a one year target estimate of $928.53 and RSI of 66.62, the stock still has upside potential, making it a hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Xcel Energy Inc. (XEL) had a active trading with around 2.67M shares changing hands compared to its three month average trading volume of 2.61M. The stock traded between $40.77 and $41.24 before closing at the price of $40.81 with -0.63% change on the day. The Minneapolis Minnesota 55401 based company is currently trading 17.45% above its 52 week low of $36.1 and -8.65% below its 52 week high of $45.42. Both the RSI indicator and target price of 53.76 and $61.12 respectively, lead us to believe that it should be put on hold over the coming weeks.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil and refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy Inc. was founded in 1909 and is based in Minneapolis, Minnesota.