DISH Network Corporation (DISH) managed to rebound with the stock climbing 0.54% or $0.33 to close the day at $61.68 on active trading volume of 2.22M shares, compared to its three month average trading volume of 1.9M. The Englewood Colorado 80112 based company has been outperforming the catv systems group over the past 52 weeks, with the stock gaining 27.54%, compared to the industry which has advanced 18.16% over the same period. With RSI of 62.5, the stock should still continue to rise and get closer to its one year target estimate of $73.64, making it a hold for now.
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand. It also offers programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming. In addition, the company provides access to movies and TV shows via TV or Internet-connected tablets, smartphones, and computers; and dishanywhere.com and mobile applications for smartphones and tablets to view authorized content, search program listings, and remotely control certain features. Further, it offers Sling TV services that require an Internet connection and are available on streaming-capable devices, including TVs, tablets, computers, game consoles, and smart phones primarily to consumers who do not subscribe to traditional satellite and cable pay-TV services. Additionally, the company operates Sling International that offers over 200 channels in 18 languages; and Sling domestic package that consists over 20 channels and tiers of programming, including sports, kids, movies, world news, lifestyle and Spanish language, and premium content, such as HBO. Further, it offers Sling Latino service; and satellite broadband services, wireline voice, and broadband services under the dishNET brand. Additionally, the company has wireless spectrum licenses and related assets. As of December 31, 2015, it had 13.897 million Pay-TV subscribers. The company offers receiver systems and programming through direct sales channels, small satellite retailers, direct marketing groups, local and regional consumer electronics stores, nationwide retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado.
Apache Corporation (APA) retreated with the stock falling -1.1% or $-0.69 to close at $62.22 on light trading volume of 2.22M compared its three months average trading volume of 3.22M. The Houston Texas 77056 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 82.87% up for the period and down by -1.58% so far this year. With price target of $65.13 and a 96.55% rebound from 52-week low, Apache Corporation has plenty of upside potential, making it a hold with a view buy.
Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.
Franklin Resources, Inc. (BEN) failed to extend gains with the stock declining -0.37% or $-0.15 to close the day at $39.86 on lower than average trading volume of 2.22M shares, compared to its three month average trading volume of 3.06M. The San Mateo California 94403 based company has been outperforming the asset management companies by 16.8983% for last three months and its recent gains have pushed the stock slightly up 0.71% YTD, versus the asset management industry which is up 0.36% for the same period. The RSI of 48.24 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.