Apple Inc. (AAPL) climbed 1.74% during last trading as the stock added $1.99 to finish the day at $116.05 with about 35.83M shares changing hands, compared to its three month average trading volume of 35.49M. The $631.67B market cap company, which fluctuated between $114.72 and $116.75 during the day, currently situated 30.41% above its 52 week low of $89.47 and -4.27% away from its one year high of $123.82. The RSI of 66.07 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, education, and 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, iBooks Store, Mac App 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.
General Electric Company (GE) dropped $-0.22 to close the day at a new closing price of $28.86, a -0.76% decrease in value from its previous closing price that moved the stock 9% above its 52 week low of $27.1. A total of 33.39M shares exchanged hands during the day compared with its three month average trading volume of 31.45M. The stock, which fluctuated between $28.81 and $29.31 during the day, currently situated -11.86% below its 52 week high. The stock is down by -3.4% in the past one month and down by -9.84% over the past three months. With a one year target estimate of $33.13 and RSI of 29.34, the stock still has upside potential, making it a buy for now.
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The companys Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. Its Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. The companys Oil and Gas segment provides turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. Its Energy Management segment offers industrial and grid solutions; and power conversion systems. The companys Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and provides aftermarket services. Its Healthcare segment offers diagnostic imaging and clinical systems; products and services for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. The companys Transportation segment provides freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. Its Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. The companys Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. General Electric Company was founded in 1892 and is headquartered in Fairfield, Connecticut.
Sirius XM Holdings Inc. (SIRI) had a light trading with around 32.83M shares changing hands compared to its three month average trading volume of 50.83M. The stock traded between $4.13 and $4.18 before closing at the price of $4.14 with -0.6% change on the day. The New York New York 10020 based company is currently trading 25.68% above its 52 week low of $3.29 and -6.87% below its 52 week high of $4.44. Both the RSI indicator and target price of 44.32 and $4.9 respectively, lead us to believe that it should be put on hold over the coming weeks.
Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.