Stocks Highlights: Arconic Inc. (ARNC), The Charles Schwab Corporation (SCHW), Anadarko Petroleum Corporation (APC)

Arconic Inc. (ARNC) had a light trading with around 5.03M shares changing hands compared to its three month average trading volume of 5.5M. The stock traded between $29.06 and $29.49 before closing at the price of $29.49 with 0.96% change on the day. The New York New York 10022 based company is currently trading 76.52% above its 52 week low of $16.75 and -2.22% below its 52 week high of $30.16. Both the RSI indicator and target price of 85.24 and $26 respectively, lead us to believe that it could drop over the coming weeks.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

The Charles Schwab Corporation (SCHW) failed to extend gains with the stock declining -1.45% or $-0.61 to close the day at $41.55 on light trading volume of 4.99M shares, compared to its three month average trading volume of 8.73M. The San Francisco California 94105 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 73.54%, compared to the industry which has advanced 65.85% over the same period. With RSI of 57.03, the stock should still continue to rise and get closer to its one year target estimate of $45.31, making it a hold for now.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, money management, custody, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business. The Advisor Services segment provides custodial, trading, and support services; and retirement and corporate brokerage retirement services. The company provides brokerage accounts with cash management capabilities; third-party mutual funds through the Mutual Fund Marketplace, including no-transaction fee mutual funds through the Mutual Fund OneSource service, which includes proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; exchange-traded funds (ETFs), including proprietary and third-party ETFs; and advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. It also offers banking products and services, including checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans, home equity loans and lines of credit, and Pledged Asset Lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. The company serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, London, and Hong Kong. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.

Anadarko Petroleum Corporation (APC) shares were down in last trading by -1.36% to $66.6. It experienced higher than average volume on day. The stock decreased in value by almost -2.66% over the past week and fell -4.71% in the past month. It is currently trading -4.91% below its 50 day moving average and 11.28% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -9.18% decrease in value from its one year high of $73.33. The RSI indicator value of 38.46, lead us to believe that it is a hold for now.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas, and natural gas liquids (NGLs). The Midstream segment provides gathering, processing, treating, and transportation services to Anadarko and third-party oil, natural-gas, and NGLs producers, as well as owns and operates gathering, processing, treating, and transportation systems in the United States. The Marketing segment markets oil, natural gas, and NGLs in the United States; oil and NGLs internationally; and anticipated liquefied natural gas production from Mozambique. The company’s asset portfolio includes U.S. onshore resource plays in the Rocky Mountains area, the southern United States, the Appalachian basin, and Alaska; the deepwater Gulf of Mexico; and in Algeria, Ghana, Mozambique, Colombia, Côte d’Ivoire, New Zealand, Kenya, and other countries. As of December 31, 2015, it had approximately 2.1 billion barrels of oil equivalent of proved reserves. Anadarko Petroleum Corporation was founded in 1959 and is headquartered in The Woodlands, Texas.

 

Stocks in the Spotlight: Arconic Inc. (ARNC), Baker Hughes Incorporated (BHI), Caterpillar Inc. (CAT)

Arconic Inc. (ARNC) had a light trading with around 11.88M shares changing hands compared to its three month average trading volume of 5.39M. The stock traded between $29.33 and $30.16 before closing at the price of $29.52 with -0.44% change on the day. The New York New York 10022 based company is currently trading 76.7% above its 52 week low of $16.75 and -1.17% below its 52 week high of $30.16. Both the RSI indicator and target price of 88.31 and $26 respectively, lead us to believe that it could drop over the coming weeks.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

Baker Hughes Incorporated (BHI) managed to rebound with the stock climbing 0.72% or $0.44 to close the day at $61.5 on light trading volume of 1.94M shares, compared to its three month average trading volume of 2.88M. The Houston Texas 77073 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 51.84%, compared to the industry which has advanced 35.64% over the same period. With RSI of 44.08, the stock should still continue to rise and get closer to its one year target estimate of $69.46, making it a hold for now.

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which include drill bits for performance drilling, hole enlargement, and coring; open hole (imaging, fluids sampling, etc.) and cased hole (production logging, wellbore integrity, pipe recovery, etc.) well logging services; and emulsion and water-based drilling fluids systems, reservoir drill-in fluids, and completion fluids, as well as fluids environmental services. Its drilling and evaluation products and services also comprise directional drilling systems and services, such as rotary steerables, drilling motors, measurement-while-drilling systems, etc.; logging-while-drilling systems and services, including resistivity, imaging, pressure testing and sampling, etc.; surface logging and coring systems and services; and geoscience services. In addition, the company offers completion and production products and services consisting of completion systems used to control the flow of hydrocarbons within a wellbore; wellbore intervention products and services to enhance the performance of existing wellbores; intelligent production system products and services to monitor, analyze, and control production to optimize returns and ultimate recovery; artificial lifts, such as in-well electric submersible pump systems, progressing cavity pump systems, and gas lift systems, as well as horizontal surface pumping systems that move fluids on the surface for applications, such as injection, disposal, transfer, and pipeline boosting; chemical technologies and services; and onshore and offshore cementing, stimulation, and coil tubing services. Further, it offers industrial services, including downstream chemicals, and process and pipeline services. The company was founded in 1972 and is headquartered in Houston, Texas. Baker Hughes Incorporated is a subsidiary of General Electric Company.

Caterpillar Inc. (CAT) shares were down in last trading by -0.42% to $98.09. It experienced lighter than average volume on day. The stock increased in value by almost 5.12% over the past week and grew 4.68% in the past month. It is currently trading 4.21% above its 50 day moving average and 17.52% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.38% decrease in value from its one year high of $99.46. The RSI indicator value of 62.2, lead us to believe that it is a hold for now.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company’s Construction Industries segment offers backhoe, small wheel, skid steer, multi-terrain, compact track, medium and compact wheel, and track-type loaders; mini, wheel, and track excavators; track-type tractors; and select work tools, motor graders, telehandlers, soil compactors, and pipelayers, as well as its related parts for the heavy and general construction, rental, mining and quarry, and aggregates markets. Its Resource Industries segment provides electric rope and hydraulic shovels; draglines; drills; highwall and longwall miners; hard rock vehicles; articulated, large mining, and off-highway trucks; large wheel loaders; wheel tractor scrapers; wheel dozers; machinery components; hard rock continuous mining systems; electronics and control systems; and select work tools for use in mining and quarry applications. The company’s Energy & Transportation segment offers reciprocating engines, generator sets, marine propulsion systems, gas turbines and turbine-related services, diesel-electric locomotives, and other rail-related products and services. Its Financial Products segment provides retail and wholesale financing for Caterpillar equipment, machinery, and engines; offers property, casualty, life, accident, and health insurance; insurance brokerage services; and purchases short-term trade receivables. The company’s All Other segments remanufactures Cat engines and components, and provides remanufacturing services for other companies; offers business strategy, and development, management, manufacturing, marketing, and support primarily for paving, forestry, industrial, waste, and Cat products. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Peoria, Illinois.

 

Worth Watching Stocks: Arconic Inc. (ARNC), Verizon Communications Inc. (VZ), Starbucks Corporation (SBUX)

Arconic Inc. (ARNC) saw its value increase by 5.94% as the stock gained $1.66 to finish the day at a closing price of $29.62. The stock was higher in trading and has fluctuated between $16.75-$29.85 per share for the past year. The shares, which traded within a range of $28.12 to $29.85 during the day, are up by 69.41% in the past three months and up by 27.4% over the past six months. It is currently trading 26.85% above its 20 day moving average and 38.39% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $26 a share over the next twelve months. The current relative strength index (RSI) reading is 89.25.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

Verizon Communications Inc. (VZ) shares were up in last trading by 0.35% to $48.98. It experienced lighter than average volume on day. The stock increased in value by almost 0.82% over the past week and fell -6.63% in the past month. It is currently trading -4.29% below its 50 day moving average and -3.57% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -11.2% decrease in value from its one year high of $56.95. The RSI indicator value of 39.93, lead us to believe that it is a hold for now.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, as well as offers wireless devices, including smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The company’s Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, including collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services. This segment also offers IoT services; data security services; voice and data services; and data, voice, local dial tone, and broadband services primarily to local, long distance, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

Starbucks Corporation (SBUX) traded within a range of $55.56 to $56.4 after opening the day at $55.73. The company has seen its stock increase in value by 1.72% so far this year. The stock was up close to 0.73% on active volume in last trading session and closed at $56.22 per share. After the recent gain, the stock is currently holding -7.31% below its 52 week high of $61.64 and 11.6% above its 12-month low of $50.84. The shares are up by over 3.95% in the last three months, and the RSI indicator value of 48.69 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water; an assortment of fresh food and snack offerings; and various food products, such as pastries, breakfast sandwiches, and lunch items, as well as beverage-making equipment and accessories. The company also licenses its trademarks through licensed stores, and grocery and national foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of November 3, 2016, the company operated 25,085 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.

 

Stocks To Track: Arconic Inc. (ARNC), The Williams Companies, Inc. (WMB), Exxon Mobil Corporation (XOM)

Arconic Inc. (ARNC) climbed 1.16% during last trading as the stock added $0.3 to finish the day at $26.2 with about 10.24M shares changing hands, compared to its three month average trading volume of 5.29M. The $11.48B market cap company, which fluctuated between $25.22 and $26.31 during the day, currently situated 66.11% above its 52 week low of $15.99 and 1.08% away from its one year high of $26.31. The RSI of 83.47 indicates the stock is overbought at the current levels, sell for now.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

The Williams Companies, Inc. (WMB) gained $0.29 to close the day at a new closing price of $29.18, a 1% increase in value from its previous closing price that moved the stock 209.11% above its 52 week low of $11. A total of 9.87M shares exchanged hands during the day compared with its three month average trading volume of 9.44M. The stock, which fluctuated between $29 and $29.69 during the day, currently situated -10.74% below its 52 week high. The stock is down by -8.07% in the past one month and up by 3.22% over the past three months. With a one year target estimate of $31.53 and RSI of 48.86, the stock still has upside potential, making it a hold for now.

The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates through Williams Partners, Williams NGL (natural gas liquids) & Petchem Services, and Other segments. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area. The company also owns and operates a natural gas pipeline system extending from the San Juan basin in northwestern New Mexico and southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington; gulfstream natural gas pipeline system extending from the Mobile Bay area in Alabama to markets in Florida; and constitution pipeline that would connect its gathering system in Susquehanna County, Pennsylvania to the Iroquois Gas Transmission and Tennessee Gas Pipeline systems in New York. In addition, it provides natural gas gathering, treating, processing, and compression; NGL production, fractionation, storage, marketing, and transportation; deepwater production handling and crude oil transportation; and olefin production services, as well as transports and stores natural gas to local natural gas distribution companies, municipal utilities, direct industrial users, electric power generators, and natural gas marketers and producers. Further, the company extracts, fractionates, treats, stores, and sells ethane/ethylene, propane, propylene, normal butane, isobutene, alky feedstock, and condensate. Additionally, it provides construction management services for third parties. As of December 31, 2015, the company owned and operated approximately 13,600 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

Exxon Mobil Corporation (XOM) had a active trading with around 9.79M shares changing hands compared to its three month average trading volume of 11.36M. The stock traded between $82.93 and $83.65 before closing at the price of $83.31 with -0.28% change on the day. The Irving Texas 75039 based company is currently trading 11.21% above its 52 week low of $77.58 and -11.29% below its 52 week high of $95.55. Both the RSI indicator and target price of 35.14 and $88.7 respectively, lead us to believe that it should be put on hold over the coming weeks.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products. As of December 31, 2015, the company had approximately 35,909 gross and 30,114 net operated wells. Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

 

Traders Watch list: Arconic Inc. (ARNC), International Paper Company (IP), Cognizant Technology Solutions Corporation (CTSH)

Arconic Inc. (ARNC) saw its value decrease by -0.32% as the stock dropped $-0.08 to finish the day at a closing price of $25.2. The stock was higher in trading and has fluctuated between $15.99-$25.86 per share for the past year. The shares, which traded within a range of $24.82 to $25.5 during the day, are up by 34.24% in the past three months and up by 8.49% over the past six months. It is currently trading 17.17% above its 20 day moving average and 22.14% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $23.2 a share over the next twelve months. The current relative strength index (RSI) reading is 81.2.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

International Paper Company (IP) shares were down in last trading by -5.58% to $53.35. It experienced higher than average volume on day. The stock decreased in value by almost -7.23% over the past week and fell -0.07% in the past month. It is currently trading 0.55% above its 50 day moving average and 14.81% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -9.36% decrease in value from its one year high of $58.86. The RSI indicator value of 43.99, lead us to believe that it is a hold for now.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end use applications, including brochures, pamphlets, greeting cards, books, annual reports, and direct mail, as well as envelopes, tablets, business forms, and file folders. This segment sells uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brand names. It also produces pulp for manufacturing printing, writing, and specialty papers, as well as towels and tissues, filtration products, diapers, and sanitary napkins. The Consumer Packaging segment offers coated paperboards for various packaging and foodservice end uses, such as food, cosmetics, pharmaceuticals, and tobacco products under the Everest, Fortress, and Starcote brand names. This segment also produces cups, lids, food containers, and plates. The company sells its packaging products, paper products, and other products directly to end users and converters, as well as through agents, resellers, and paper distributors. International Paper Company was founded in 1898 and is headquartered in Memphis, Tennessee.

Cognizant Technology Solutions Corporation (CTSH) traded within a range of $51.58 to $52.82 after opening the day at $52.7. The company has seen its stock decrease in value by -7.76% so far this year. The stock was down close to -1.47% on active volume in last trading session and closed at $51.68 per share. After the recent fall, the stock is currently holding -18.27% below its 52 week high of $63.43 and 13.73% above its 12-month low of $45.44. The shares are up by over 0.35% in the last three months, and the RSI indicator value of 28.94 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services. The company also offers enterprise information management services, such as strategic, advisory, and management consulting; enterprise data management; descriptive analytics/business intelligence; strategic corporate performance management; and packaged analytics services, as well as big data services that assist clients in managing and deriving actionable insights. In addition, it provides application testing services; and develops, licenses, implements, and supports proprietary and third-party software products, as well as offers digital technologies services. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, including clinical data management, pharmacovigilance, equity research support, commercial operations, and order management. It serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells services through its professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.

 

Momentum Stocks: Olin Corporation (OLN), Arconic Inc. (ARNC), GameStop Corp. (GME)

Olin Corporation (OLN) grew with the stock adding 0.19% or $0.05 to close at $26.69 on active trading volume of 2.69M compared its three months average trading volume of 2.2M. The Clayton Missouri 63105 based company operating under the Specialty Chemicals industry has been trending up for the last 52 weeks, with the shares price now 89.11% up for the period and up by 4.22% so far this year. With price target of $26.6 and a 123.29% rebound from 52-week low, Olin Corporation has plenty of upside potential, making it a hold with a view buy.

Olin Corporation manufactures and distributes chemical products in the United States and internationally. It operates through three segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide. The Epoxy segment provides allyl chloride and epichlorohydrin for use in resins and other plastic materials, water purification, and pesticides, as well as for the manufacturers of polymers; liquid epoxy resins used in adhesives, paints and coatings, composites, and flooring; and converted epoxy resins and additives for use in electrical laminates, paints and coatings, wind blades, electronics, and construction. The Winchester segment offers sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was founded in 1892 and is headquartered in Clayton, Missouri.

Arconic Inc. (ARNC) had a light trading with around 2.69M shares changing hands compared to its three month average trading volume of 5.83M. The stock traded between $22.51 and $22.88 before closing at the price of $22.6 with -1.14% change on the day. The New York New York 10022 based company is currently trading 49.63% above its 52 week low of $15.4 and -11.65% below its 52 week high of $25.86. Both the RSI indicator and target price of  and $23.2 respectively, lead us to believe that it could rise over the coming weeks.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

GameStop Corp. (GME) saw its value increase by 0.37% as the stock gained $0.09 to finish the day at a closing price of $24.31. The stock was lighter in trading and has fluctuated between $20.1-$33.72 per share for the past year. The shares, which traded within a range of $23.96 to $24.5 during the day, are down by -0.39% in the past three months and down by -19.8% over the past six months. It is currently trading -0.32% below its 20 day moving average and -1.47% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $26.32 a share over the next twelve months. The current relative strength index (RSI) reading is 49.11.The technical indicator lead us to believe there will be no major movement any time soon, hold.

GameStop Corp. operates as an omnichannel video game retailer. It sells new and pre-owned video game hardware; physical and digital video game software; pre-owned and value video game products; video game accessories, such as controllers, gaming headsets, memory cards, and other add-ons for use with video game hardware and software; and digital products, including downloadable content, network points cards, prepaid digital and subscription cards, and digitally downloadable software. The company also sells mobile and consumer electronics, including smart phones, tablets, headphones, and accessories, as well as pre-owned smart phones; personal computer (PC) entertainment software in various genres, including sports, action, strategy, adventure/role playing, and simulation; and strategy guides, magazines, and gaming-related toys. In addition, it operates electronic commerce Websites comprising gamestop.com, ebgames.com.au, ebgames.co.nz, gamestop.ca, gamestop.it, gamestop.ie, gamestop.de, gamestop.co.uk, thinkgeek.com, and micromania.fr. Further, the company operates kongregate.com, a browser-based game site; Game Informer magazine, a print and digital video game publication; iOS and Android mobile applications; Simply Mac, a certified Apple consumer electronic products reseller; and Spring Mobile, an authorized AT&T reseller operating pre-paid wireless stores under the Cricket Wireless name that offers prepaid services, devices, and accessories. As of January 30, 2016, it operated approximately 7,117 stores in the United States, Australia, Canada, and Europe. GameStop Corp. primarily offers its products under the GameStop, EB Games, and Micromania names. The company, formerly known as GSC Holdings Corp., was founded in 1994 and is headquartered in Grapevine, Texas.

 

Stocks on Trader’s Radar: Arconic Inc. (ARNC), Hewlett Packard Enterprise Company (HPE), PulteGroup, Inc. (PHM)

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

Hewlett Packard Enterprise Company (HPE) climbed 1.42% during last trading as the stock added $0.32 to finish the day at $22.89 with about 8.22M shares changing hands, compared to its three month average trading volume of 10.82M. The $38.78B market cap company, which fluctuated between $22.66 and $23.09 during the day, currently situated 92.75% above its 52 week low of $12.02 and -7.42% away from its one year high of $24.79. The RSI of 47.81 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Hewlett Packard Enterprise Company provides technology solutions to business and public sector enterprises. It operates through Enterprise Group, Software, Enterprise Services, and Financial Services segments. The Enterprise Group segment offers industry standard servers and mission-critical servers to address the array of its customers’ computing needs; converged storage solutions, including 3PAR StoreServ, StoreOnce, all-flash arrays, and software defined and StoreVirtual products; wireless local area network equipment, mobility and security software, switches, routers, and network management products; and support and technology consulting services. The Software segment offers software to capture, store, explore, analyze, protect, and share information and insights within and outside organizations; HP Vertica, an analytics database technology for machine, structured, and semi-structured data; and HP IDOL, an analytics tool for human information, as well as solutions for archiving, data protection, eDiscovery, information governance, and enterprise content management. This segment also provides application delivery management, enterprise security, and IT operations management software products. The Enterprise Services segment offers technology consulting, outsourcing, and support services in infrastructure, applications, and business process domains within traditional and strategic enterprise service (SES) offerings, which include analytics and data management, security, and cloud services. The Financial Services segment provides leasing, financing, IT consumption and utility programs, and asset management services. The company markets and sells its products through resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company is headquartered in Palo Alto, California.

PulteGroup, Inc. (PHM) saw its value increase by 5.88% as the stock gained $1.13 to finish the day at a closing price of $20.34. The stock was higher in trading and has fluctuated between $15.21-$22.4 per share for the past year. The shares, which traded within a range of $19.59 to $20.35 during the day, are up by 7.23% in the past three months and down by -6.42% over the past six months. It is currently trading 8.28% above its 20 day moving average and 8.09% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $22.35 a share over the next twelve months. The current relative strength index (RSI) reading is 70.07. The technical indicator do not lead us to believe the stock will see more gains any time soon.

PulteGroup, Inc., through its subsidiaries, engages primarily in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes John Wieland Homes, and Neighborhoods names. As of March 31, 2016, the company controlled 102,580 owned lots and 43,072 lots under land option agreements. It also arranges financing through the origination of mortgage loans, principally for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.

 

Stocks To Track: Exelixis, Inc. (EXEL), Arconic Inc. (ARNC), Opko Health, Inc. (OPK)

Exelixis, Inc. (EXEL) climbed 2.06% during last trading as the stock added $0.37 to finish the day at $18.29 with about 4.21M shares changing hands, compared to its three month average trading volume of 5.83M. The $5.23B market cap company, which fluctuated between $17.86 and $18.63 during the day, currently situated 415.21% above its 52 week low of $3.55 and -5.23% away from its one year high of $19.3. The RSI of 59.23 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Exelixis, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer. It focuses on advancing cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, and VEGF receptors, which has shown clinical anti-tumor activity in approximately 20 forms of cancer and is the subject of a broad clinical development program. The company has received regulatory approval for two separate formulations of cabozantinib for the treatment of certain forms of kidney and thyroid cancer and marketed as CABOMETYX tablets in the United States and COMETRIQ capsules in the United States and European Union respectively. It also offers COTELLIC (cobimetinib), a selective inhibitor of MEK, in the United States and European Union; and is being evaluated for further potential indications by Roche and Genentech under collaboration with Exelixis. Exelixis, Inc. has collaboration and license agreements with Ipsen Pharma SAS, Genentech, Inc., GlaxoSmithKline, Bristol-Myers Squibb Company, Sanofi, Merck, and Daiichi Sankyo Company Limited for the development and commercialization of various compounds and programs. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was founded in 1994 and is headquartered in South San Francisco, California.

Arconic Inc. (ARNC) gained $0.04 to close the day at a new closing price of $21.33, a 0.19% increase in value from its previous closing price that moved the stock 43.54% above its 52 week low of $15.22. A total of 4.13M shares exchanged hands during the day compared with its three month average trading volume of 6.23M. The stock, which fluctuated between $21.09 and $21.37 during the day, currently situated -16.61% below its 52 week high. The stock is up by 6.12% in the past one month and up by 7.17% over the past three months. With a one year target estimate of $23.2 and RSI of 61.39, the stock still has upside potential, making it a hold for now.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

Opko Health, Inc. (OPK) had a light trading with around 4.18M shares changing hands compared to its three month average trading volume of 4.65M. The stock traded between $8.34 and $8.66 before closing at the price of $8.52 with -1.39% change on the day. The Miami Florida 33137 based company is currently trading 14.82% above its 52 week low of $7.42 and -29.88% below its 52 week high of $12.15. Both the RSI indicator and target price of 28.93 and $15.5 respectively, lead us to believe that it could rise over the coming weeks.

OPKO Health, Inc., a biopharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies in the United States, Ireland, Chile, Spain, Israel, and Mexico. Its diagnostics business operates Bio-Reference Laboratories, a clinical laboratory that offers comprehensive laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases, including esoteric testing, molecular diagnostics, anatomical pathology, genetics, women’s health, and correctional healthcare to physician offices, clinics, hospitals, employers, and governmental units. The Bio-Reference Laboratories also provides core genetic testing and leverages products, such as the 4Kscore prostate cancer test and the Claros 1 in-office immunoassay platform. The company’s pharmaceutical segment features Rayaldee, a treatment for secondary hyperparathyroidism in stage 3-4 chronic kidney disease patients with vitamin D deficiency and VARUBI for chemotherapy-induced nausea and vomiting. Its biologics business engages in developing and commercializing hGH-CTP, a recombinant human growth hormone product under development for the treatment of growth hormone deficiency, and developing Factor VIIa drug for hemophilia using the carboxl terminal peptide technology. The company was incorporated in 1991 and is headquartered in Miami, Florida.

 

Stocks Under Review: National Oilwell Varco, Inc. (NOV), Arconic Inc. (ARNC), Anadarko Petroleum Corporation (APC)

National Oilwell Varco, Inc. (NOV) managed to rebound with the stock climbing 1.28% or $0.48 to close the day at $37.9 on light trading volume of 3.71M shares, compared to its three month average trading volume of 3.73M. The Houston Texas 77036 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 29.98%, compared to the industry which has advanced 47.36% over the same period. With RSI of 50.3, the stock should still continue to rise and get closer to its one year target estimate of $34.45, making it a hold for now.

National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide. It operates through four segments: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components. This segment provides substructures, derricks, and masts; cranes; pipe lifting, racking, rotating, and assembly systems; fluid transfer technologies, such as mud pumps; pressure control equipment; power transmission systems; and rig instrumentation and control systems. The Rig Aftermarket segment offers spare parts; and repair and rental services, as well as technical support, field and first well support, field engineering, and customer training services. The Wellbore Technologies segment designs, manufactures, rents, and sells various equipment and technologies. This segment also provides solids control and waste management equipment and services, drilling fluids, power generation equipment, drill and wired pipes, instruments, measuring and monitoring equipment, downhole and fishing tools, hole openers, and drill bits, as well as drilling optimization and automation, tubular inspection, repair and coating, and rope access inspection services. The Completion and Production Solutions segment offers pressure pumping trucks and pumps, blenders, sanders, hydration units, injection units, flowlines, manifolds, and wellheads; well intervention tools; offshore production comprising composite pipes, process equipment, floating production systems, and subsea production technologies; and onshore production, including surface transfer and progressive cavity pumps, reciprocating pumps, pressure vessels, and artificial lift systems. The company was founded in 1862 and is headquartered in Houston, Texas.

Arconic Inc. (ARNC) grew with the stock adding 2.06% or $0.43 to close at $21.31 on light trading volume of 3.68M compared its three months average trading volume of 6.39M. The New York New York 10022 based company has been trending up for the last 52 weeks, with the shares price now 42.76% up for the period and up by 14.94% so far this year. With price target of $23.2 and a 56.71% rebound from 52-week low, Arconic Inc. has plenty of upside potential, making it a hold with a view buy.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

Anadarko Petroleum Corporation (APC) managed to rebound with the stock climbing 0.41% or $0.29 to close the day at $70.18 on lower than average trading volume of 3.68M shares, compared to its three month average trading volume of 4.58M. The The Woodlands Texas 77380 based company has been outperforming the independent oil & gas companies by 11.4751% for last three months and its recent gains have pushed the stock slightly up 0.65% YTD, versus the independent oil & gas industry which is down -0.64% for the same period. The RSI of 53.23 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas, and natural gas liquids (NGLs). The Midstream segment provides gathering, processing, treating, and transportation services to Anadarko and third-party oil, natural-gas, and NGLs producers, as well as owns and operates gathering, processing, treating, and transportation systems in the United States. The Marketing segment markets oil, natural gas, and NGLs in the United States; oil and NGLs internationally; and anticipated liquefied natural gas production from Mozambique. The company’s asset portfolio includes U.S. onshore resource plays in the Rocky Mountains area, the southern United States, the Appalachian basin, and Alaska; the deepwater Gulf of Mexico; and in Algeria, Ghana, Mozambique, Colombia, Côte d’Ivoire, New Zealand, Kenya, and other countries. As of December 31, 2015, it had approximately 2.1 billion barrels of oil equivalent of proved reserves. Anadarko Petroleum Corporation was founded in 1959 and is headquartered in The Woodlands, Texas.

 

Stocks Buzz: The Chemours Company (CC), Arconic Inc. (ARNC), Emerson Electric Co. (EMR)

The Chemours Company (CC) managed to rebound with the stock climbing 2.21% or $0.54 to close the day at $25.02 on light trading volume of 2.58M shares, compared to its three month average trading volume of 3.84M. The Wilmington Delaware 19899 based company has been outperforming the specialty chemicals group over the past 52 weeks, with the stock gaining 605.38%, compared to the industry which has advanced 31.46% over the same period. With RSI of 60.3, the stock should still continue to rise and get closer to its one year target estimate of $22.43, making it a hold for now.

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates in three segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. The Titanium Technologies segment produces and sells titanium dioxide (TiO2) under the Ti-Pure brand name to deliver whiteness, brightness, opacity, and protection in various applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, PVC window profiles, laminate papers, coated paper, and coated paperboard used for packaging. The Fluoroproducts segment provides fluoroproducts, such as hydrofluorocarbon refrigerants, and fluoropolymer resins and downstream products and coatings under the Teflon brand name. The Chemical Solutions segment offers industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries in North America. This segment provides cyanides; and performance chemicals and intermediates, such as clean and disinfect chemicals, aniline, methylamines, glycolic acid, Vazo free radical initiators, and reactive metals. The company is headquartered in Wilmington, Delaware.

Arconic Inc. (ARNC) grew with the stock adding 0.68% or $0.14 to close at $20.88 on light trading volume of 2.58M compared its three months average trading volume of 6.64M. The New York New York 10022 based company has been trending up for the last 52 weeks, with the shares price now 39.88% up for the period and up by 12.62% so far this year. With price target of $23.2 and a 53.55% rebound from 52-week low, Arconic Inc. has plenty of upside potential, making it a hold with a view buy.

Arconic Inc. develops and manufactures engineered products for aerospace, industrial gas turbine, commercial transportation, and oil and gas markets. It offers airfoils, fasteners, rings, forgings, extrusions, alloys, and industrial gas turbines; and titanium aero ingots and mill products, as well as multi-material airframe subassemblies, technologies, and materials, such as 3D printing and titanium aluminides. The company also provides aluminum sheets and plates for the aerospace, automotive, commercial transportation, brazing, and industrial markets. In addition, it provides forged aluminum truck wheels and other transportation products; aluminum curtain walls and front entry systems, including self-cleaning facades, and blast proof and hurricane resistant entrances for building and construction markets; and extrusions for trains, buildings, and various industrial applications. The company was founded in 2016 and is based in New York, New York.

Emerson Electric Co. (EMR) managed to rebound with the stock climbing 1.62% or $0.91 to close the day at $57.22 on lower than average trading volume of 2.58M shares, compared to its three month average trading volume of 3.61M. The St. Louis Missouri 63136 based company has been outperforming the industrial electrical equipment companies by 16.144% for last three months and its recent gains have pushed the stock slightly up 2.64% YTD, versus the industrial electrical equipment industry which is up 2.25% for the same period. The RSI of 55.09 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The company’s Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. It also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. This segment serves oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metal and mining, and municipal water supplies markets. Its Industrial Automation segment provides fluid power and control products; electrical distribution equipment; and materials joining and precision cleaning products, as well as hermetic motors. The company’s Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls, and remote monitoring technology and services to residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and marine control areas. Its Commercial & Residential Solutions segment provides tools for professionals and homeowners; home storage systems; and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, Missouri.