General Motors Company (GM) managed to rebound with the stock climbing 5.5% or $1.9 to close the day at $36.43 on active trading volume of 37.08M shares, compared to its three month average trading volume of 13.52M. The Detroit Michigan 48265 based company has been outperforming the auto manufacturers – major group over the past 52 weeks, with the stock gaining 6.92%, compared to the industry which has dropped -4.87% over the same period. With RSI of 74.29, the stock should still continue to rise and get closer to its one year target estimate of $35.94, making it a hold for now.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.
Apple Inc. (AAPL) fell -0.93% during last trading as the stock lost $-1.03 to finish the day at $109.49 with about 36.87M shares changing hands, compared to its three month average trading volume of 37.54M. The $583.83B market cap company, currently situated 23.67% above its 52 week low of $89.47 and -7.28% away from its one year high of $119.86. The RSI of 43.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.
Marathon Oil Corporation (MRO) saw its value decrease by -0.94% as the stock dropped $-0.17 to finish the day at a closing price of $17.89. The stock was higher in trading and has fluctuated between $6.52-$19.14 per share for the past year. The shares, which traded within a range of $17.58 to $19.14 during the day, are up by 18.8% in the past three months and up by 35.22% over the past six months. It is currently trading 17.14% above its 20 day moving average and 19.69% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $18.12 a share over the next twelve months. The current relative strength index (RSI) reading is 65.65. The technical indicator lead us to believe there will be no major movement any time soon, hold.
Marathon Oil Corporation operates as an energy company. It operates through three segments: North America E&P, International E&P, and Oil Sands Mining. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America. The International Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea. The Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta and Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. As of December 31, 2015, it had rights to participate in developed and undeveloped leases totaling approximately 32,000 net acres. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.