Traders Watch list: Whiting Petroleum Corporation (WLL), Ascena Retail Group, Inc. (ASNA), Gilead Sciences Inc. (GILD)

Whiting Petroleum Corporation (WLL) saw its value decrease by -1.07% as the stock dropped $-0.13 to finish the day at a closing price of $12.04. The stock was lighter in trading and has fluctuated between $3.35-$14.44 per share for the past year. The shares, which traded within a range of $11.92 to $12.31 during the day, are up by 42.65% in the past three months and up by 38.23% over the past six months. It is currently trading -2.94% below its 20 day moving average and 8.11% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $13.96 a share over the next twelve months. The current relative strength index (RSI) reading is 51.39.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

Ascena Retail Group, Inc. (ASNA) shares were down in last trading by -5.73% to $5.1. It experienced higher than average volume on day. The stock decreased in value by almost -5.73% over the past week and fell -30.23% in the past month. It is currently trading -20.11% below its 50 day moving average and -28.77% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -54.71% decrease in value from its one year high of $11.26. The RSI indicator value of 28, lead us to believe that it may correct downwards in the near term.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Gilead Sciences Inc. (GILD) traded within a range of $71.5 to $72.47 after opening the day at $72.24. The company has seen its stock increase in value by 0.73% so far this year. The stock was up close to 0.31% on active volume in last trading session and closed at $72.13 per share. After the recent gain, the stock is currently holding -28.76% below its 52 week high of $103.1 and 2.49% above its 12-month low of $70.83. The shares are down by over -0.06% in the last three months, and the RSI indicator value of 40.1 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Gilead Sciences Inc., a research-based biopharmaceutical company, discovers, develops, and commercializes medicines in areas of unmet medical needs in North America, South America, Europe, and the Asia-Pacific. The company’s products include Genvoya, Stribild, Complera/Eviplera, Atripla, Truvada, Viread, Emtriva, Tybost, and Vitekta for the treatment of human immunodeficiency virus (HIV) infection in adults; and Harvoni, Sovaldi, Viread, and Hepsera products for the treatment of liver diseases. It also offers Zydelig, a PI3K delta inhibitor, in combination with rituximab, for the treatment of certain blood cancers; Letairis, an endothelin receptor antagonist for the treatment of pulmonary arterial hypertension; Ranexa, a tablet used for the treatment of chronic angina; Lexiscan/Rapiscan injection for use as a pharmacologic stress agent in radionuclide myocardial perfusion imaging; Cayston, an inhaled antibiotic for the treatment of respiratory systems in cystic fibrosis patients; and Tamiflu, an oral antiviral capsule for the treatment and prevention of influenza A and B. In addition, the company provides other products, such as AmBisome, an antifungal agent to treat serious invasive fungal infections; and Macugen, an anti-angiogenic oligonucleotide to treat neovascular age-related macular degeneration. Further, it has product candidates in various stages of development for the treatment of HIV/AIDS and liver diseases, such as hepatitis B virus and hepatitis C virus; inflammation/oncology; serious cardiovascular; and respiratory conditions, as well as diabetic nephropathy and ebola. The company markets its products through its commercial teams and/or in conjunction with third-party distributors and corporate partners. Gilead Sciences Inc. has collaboration agreements with Bristol-Myers Squibb Company, Janssen R&D Ireland, Japan Tobacco Inc., and Galapagos NV. The company was founded in 1987 and is headquartered in Foster City, California.

 

Stocks Roundup: Zynga Inc. (ZNGA), Ascena Retail Group, Inc. (ASNA), United Continental Holdings, Inc. (UAL)

Zynga Inc. (ZNGA) retreated with the stock falling -0.38% or $-0.01 to close at $2.63 on active trading volume of 4.17M compared its three months average trading volume of 10.04M. The San Francisco California 94103 based company operating under the Multimedia & Graphics Software industry has been trending up for the last 52 weeks, with the shares price now 10.97% up for the period and up by 2.33% so far this year. With price target of $3.25 and a 47.75% rebound from 52-week low, Zynga Inc. has plenty of upside potential, making it a hold with a view buy.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, North America, Asia, and the European Union. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. The company’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com. It also provides advertising services to advertising agencies and brokers. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

Ascena Retail Group, Inc. (ASNA) had a light trading with around 4.15M shares changing hands compared to its three month average trading volume of 4.72M. The stock traded at the price of $5.41 with -0.18% change on the day. The Mahwah New Jersey 07430 based company is currently trading 15.6% above its 52 week low of $4.68 and -51.95% below its 52 week high of $11.26. Both the RSI indicator and target price of  and $7.3 respectively, lead us to believe that it could rise over the coming weeks.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

United Continental Holdings, Inc. (UAL) saw its value decrease by -0.78% as the stock dropped $-0.58 to finish the day at a closing price of $73.74. The stock was lighter in trading and has fluctuated between $37.41-$76.8 per share for the past year. The shares, which traded within a range of $73.55 to $75.09 during the day, are up by 38.61% in the past three months and up by 54.56% over the past six months. It is currently trading -0.02% below its 20 day moving average and 6.08% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $84.66 a share over the next twelve months. The current relative strength index (RSI) reading is 55.29.The technical indicator lead us to believe there will be no major movement any time soon, hold.

United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. The company transports people and cargo through its mainline and regional operations. As of December 31, 2015, it operated 1,236 aircraft. United Continental Holdings, Inc. also sells fuel; and offers catering, ground handling, and maintenance services for third parties. The company was formerly known as UAL Corporation and changed its name to United Continental Holdings, Inc. in October 2010. United Continental Holdings, Inc. was founded in 1934 and is headquartered in Chicago, Illinois.

 

Stocks Intraday Alert: Ascena Retail Group, Inc. (ASNA), American Tower Corporation (AMT), First Solar, Inc. (FSLR)

Ascena Retail Group, Inc. (ASNA) continued its downward trend with the stock declining -0.18% or $-0.01 to close the day at $5.42 on lower than average trading volume of 2.01M shares, compared to its three month average trading volume of 4.76M. The Mahwah New Jersey 07430 based company has been underperforming the apparel stores companies by 4.0525% for last three months and its recent gains have offset losses to -12.44% YTD, versus the apparel stores industry which is down -2.49% for the same period. The RSI of 31.87 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

American Tower Corporation (AMT) had a light trading with around 2.01M shares changing hands compared to its three month average trading volume of 2.69M. The stock traded between $102.87 and $104.76 before closing at the price of $103.45 with -0.72% change on the day. The Boston Massachusetts 02116 based company is currently trading 26.38% above its 52 week low of $83.07 and -12.4% below its 52 week high of $118.26. Both the RSI indicator and target price of 42.3 and $130.47 respectively, lead us to believe that it should be put on hold over the coming weeks.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.

First Solar, Inc. (FSLR) traded within a range of $34.73 to $36.41 after opening the day at $34.91. The company has seen its stock increase in value by 11.41% so far this year. The stock was up close to 2.52% on light volume in last trading session and closed at $35.75 per share. After the recent gain, the stock is currently holding -51.88% below its 52 week high of $74.29 and 25% above its 12-month low of $28.6. The shares are down by over -7.57% in the last three months, and the RSI indicator value of 61.6 is neither bullish nor bearish, tempting investors to stay on the sidelines.

First Solar, Inc. provides solar energy solutions in the United States and internationally. It operates through two segments, Components and Systems. The Components segment designs, manufactures, and sells solar modules that convert sunlight into electricity. This segment manufactures cadmium telluride and crystalline silicon modules for system integrators and operators. The Systems segment provides turn-key photovoltaic solar power systems or solar solutions, such as project development; engineering, procurement, and construction; and operating and maintenance services to utilities, independent power producers, and commercial and industrial companies. It also commissions a 52.5 megawatt Shams Ma’an solar power plant in the Hashemite Kingdom of Jordan. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

 

Stocks Trend Analysis: Ascena Retail Group, Inc. (ASNA) FirstEnergy Corp. (FE) BioScrip, Inc. (BIOS)

Ascena Retail Group, Inc. (ASNA) managed to rebound with the stock climbing 3.33% or $0.18 to close the day at $5.59 on active trading volume of 5.3M shares, compared to its three month average trading volume of 4.72M. The Mahwah New Jersey 07430 based company has been underperforming the apparel stores group over the past 52 weeks, with the stock losing -36.26%, compared to the industry which has dropped -6.82% over the same period. With RSI of 35.23, the stock should still continue to rise and get closer to its one year target estimate of $7.7, making it a hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

FirstEnergy Corp. (FE) grew with the stock adding 1.19% or $0.36 to close at $30.73 on active trading volume of 5.28M compared its three months average trading volume of 4.7M. The Akron Ohio 44308 based company operating under the Electric Utilities industry has been trending down for the last 52 weeks, with the shares price now -0.26% down for the period and down by -0.77% so far this year. With price target of $34.44 and a 4.82% rebound from 52-week low, FirstEnergy Corp. has plenty of upside potential, making it a hold with a view buy.

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,211 pole miles of overhead and underground transmission lines; and electric distribution systems, including 268,682 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits; as well as owns substations with a total installed transformer capacity of approximately 154,612,802 kilovolt-amperes. The company serves approximately six million customers within 65,000 square miles in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is based in Akron, Ohio.

BioScrip, Inc. (BIOS) continued its upward trend with the stock climbing 3.8% or $0.06 to close the day at $1.64 on higher than average trading volume of 5.28M shares, compared to its three month average trading volume of 1.78M. The Denver Colorado 80202 based company has been outperforming the home health care companies by -46.1755% for last three months and its recent losses have trimmed gains to 57.69% YTD, versus the home health care industry which is up 7.81% for the same period. The RSI of 69.68 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

BioScrip, Inc. provides home infusion services in the United States. The company engages in the preparation, delivery, administration, and clinical monitoring of pharmaceutical treatments that are administered to a patient through intravenous, subcutaneous, intramuscular, intra-spinal, and enteral methods. It is primarily involved in the intravenous administration of medications to treat a range of acute and chronic conditions, such as infections, nutritional deficiencies, immunologic and neurologic disorders, cancer, pain, and palliative care. BioScrip, Inc. offers its services at patient’s homes, outpatient clinics, nursing facilities, physician’s offices, and ambulatory infusion centers. The company markets and sells its products and services through sales and marketing representatives, payor relationships, and other government programs. BioScrip, Inc. was founded in 1993 and is based in Denver, Colorado.

 

Stock’s Trend Analysis Report: MGM Resorts International (MGM), Verizon Communications Inc. (VZ), Ascena Retail Group, Inc. (ASNA)

MGM Resorts International (MGM) climbed 1.58% during last trading as the stock added $0.46 to finish the day at $29.62 with about 11.88M shares changing hands, compared to its three month average trading volume of 7.02M. The $16.9B market cap company, which fluctuated between $28.72 and $29.92 during the day, currently situated 83.07% above its 52 week low of $16.18 and -3.27% away from its one year high of $30.62. The RSI of 56.81 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

Verizon Communications Inc. (VZ) gained $0.08 to close the day at a new closing price of $52.76, a 0.15% increase in value from its previous closing price that moved the stock 25.72% above its 52 week low of $43.79. A total of 11.78M shares exchanged hands during the day compared with its three month average trading volume of 14.42M. The stock, which fluctuated between $52.02 and $53.16 during the day, currently situated -4.34% below its 52 week high. The stock is up by 4.29% in the past one month and up by 6.24% over the past three months. With a one year target estimate of $52.77 and RSI of 57.97, the stock still has upside potential, making it 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.

Ascena Retail Group, Inc. (ASNA) had a light trading with around 11.37M shares changing hands compared to its three month average trading volume of 4.6M. The stock traded between $5.07 and $5.83 before closing at the price of $5.41 with -9.98% change on the day. The Mahwah New Jersey 07430 based company is currently trading 15.6% above its 52 week low of $4.68 and -51.95% below its 52 week high of $11.26. Both the RSI indicator and target price of 31.73 and $7.7 respectively, lead us to believe that it should be put on hold over the coming weeks.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

 

Trader Alert: ARIAD Pharmaceuticals, Inc. (ARIA), Ascena Retail Group, Inc. (ASNA), Viacom, Inc. (VIAB)

ARIAD Pharmaceuticals, Inc. (ARIA) grew with the stock adding 2.54% or $0.34 to close at $13.74 on light trading volume of 4.21M compared its three months average trading volume of 6.59M. The Cambridge Massachusetts 02139 based company operating under the Biotechnology industry has been trending up for the last 52 weeks, with the shares price now 161.22% up for the period and up by 10.45% so far this year. With price target of $13.45 and a 214.42% rebound from 52-week low, ARIAD Pharmaceuticals, Inc. has plenty of upside potential, making it a hold with a view buy.

ARIAD Pharmaceuticals, Inc., an oncology company, engages in the discovery, development, and commercialization of drugs for cancer patients in the United States and internationally. It offers Iclusig (ponatinib), a tyrosine kinase inhibitor (TKI) for the treatment of adult patients with chronic myeloid leukemia (CML), and Philadelphia chromosome-positive acute lymphoblastic leukemia in the United States, the European Union, Australia, Switzerland, Israel, and Canada. The company also develops Brigatinib, an investigational inhibitor of anaplastic lymphoma kinase for the treatment of various patients with a form of non-small cell lung cancer; and AP32788, for treating non-small cell lung cancer and various other solid tumors. It markets and sells Iclusig through specialty pharmacy in the United States. The company has license agreements with Medinol Ltd. to develop and commercialize stents and other medical devices to deliver ridaforolimus. ARIAD Pharmaceuticals, Inc. was founded in 1991 and is headquartered in Cambridge, Massachusetts.

Ascena Retail Group, Inc. (ASNA) dropped $-0.04 to close the day at a new closing price of $6, a -0.66% decrease in value from its previous closing price that moved the stock 28.21% above its 52 week low of $4.68. A total of 4.2M shares exchanged hands during the day compared with its three month average trading volume of 4.65M. The stock, which fluctuated between $5.79 and $6.12 during the day, currently situated -46.71% below its 52 week high. The stock is down by -18.59% in the past one month and up by 4.71% over the past three months. With a one year target estimate of $7.7 and RSI of 40.94, the stock still has upside potential, making it a hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Viacom, Inc. (VIAB) shares were up in last trading by 0.83% to $37.79. It experienced higher than average volume on day. The stock increased in value by almost 7.11% over the past week and grew 4.02% in the past month. It is currently trading 3.12% above its 50 day moving average and -3.97% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -18.14% decrease in value from its one year high of $47.47. The RSI indicator value of 62.61, lead us to believe that it is a hold for now.

Viacom, Inc. operates as media brand worldwide. The company creates television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences, and other entertainment content for audiences. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products for consumers through approximately 250 locally programmed and operated TV channels, including Nickelodeon, Comedy Central, MTV, VH1, SPIKE, BET, CMT, TV Land, Nick at Nite, Nick Jr., Channel 5 (UK), Logo, Nicktoons, TeenNick, Paramount Channel, and others, as well as through online, mobile, and apps. The Filmed Entertainment segment produces, finances, acquires, and distributes motion pictures, television programming, and other entertainment content under the Paramount Pictures, Paramount Animation, Nickelodeon Movies, MTV Films, and Paramount Television brands; and distributes films released under the Paramount Vantage, Paramount Classics, and Insurge Pictures brands. This segment exhibits motion pictures theatrically through home entertainment, licensing to television and digital platforms, and ancillary activities. The company releases its content through download-to-own, download-to-rent, DVDs, Blu-ray discs, transactional video-on-demand, pay television, subscription video-on-demand, basic cable television, free television, and free video-on-demand, as well as airlines and hotels. Viacom, Inc. is headquartered in New York, New York.

 

Stocks Under Consideration: Genworth Financial, Inc. (GNW), SLM Corporation (SLM), Ascena Retail Group, Inc. (ASNA)

Genworth Financial, Inc. (GNW) retreated with the stock falling -2.23% or $-0.09 to close at $3.95 on light trading volume of 3.96M compared its three months average trading volume of 9.71M. The Richmond Virginia 23230 based company operating under the Life Insurance industry has been trending up for the last 52 weeks, with the shares price now 12.86% up for the period and up by 3.67% so far this year. With price target of $4.89 and a 151.59% rebound from 52-week low, Genworth Financial, Inc. has plenty of upside potential, making it a hold with a view buy.

Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insure prime-based and individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance, as well as bulk mortgage insurance that aids in the sale of mortgages to the capital markets in Australia. The U.S. Life Insurance segment offers long-term care insurance products, as well as service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segment’s institutional products include funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services primarily through appointed independent producers, financial intermediaries, employer groups, and sales specialists. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.

SLM Corporation (SLM) had a light trading with around 3.96M shares changing hands compared to its three month average trading volume of 4.28M. The stock traded between $11.18 and $11.61 before closing at the price of $11.36 with -1.22% change on the day. The Newark Delaware 19713 based company is currently trading 123.18% above its 52 week low of $5.09 and -2.49% below its 52 week high of $11.65. Both the RSI indicator and target price of  and $12 respectively, lead us to believe that it could rise over the coming weeks.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for education company in the United States. It offers private education loans to students and their families. The company also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Ascena Retail Group, Inc. (ASNA) saw its value decrease by -6.65% as the stock dropped $-0.43 to finish the day at a closing price of $6.04. The stock was lighter in trading and has fluctuated between $4.68-$11.26 per share for the past year. The shares, which traded within a range of $5.88 to $6.32 during the day, are up by 2.9% in the past three months and down by -11.05% over the past six months. It is currently trading -13.78% below its 20 day moving average and -3.7% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $7.7 a share over the next twelve months. The current relative strength index (RSI) reading is 41.79.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

 

3 Trending Stocks: PDL BioPharma, Inc. (PDLI), Ascena Retail Group, Inc. (ASNA), McDonald’s Corporation (MCD)

PDL BioPharma, Inc. (PDLI) continued its upward trend with the stock climbing 3.14% or $0.07 to close the day at $2.3 on active trading volume of 3.83M shares, compared to its three month average trading volume of 2.38M. The Incline Village Nevada 89451 based company has been underperforming the biotechnology group over the past 52 weeks, with the stock losing -31.46%, compared to the industry which has dropped -3.72% over the same period. With RSI of 52.46, the stock should still continue to rise and get closer to its one year target estimate of $3.67, making it a hold for now.

PDL BioPharma, Inc. manages a portfolio of patents and royalty assets in the United States and Europe. The company is involved in the humanization of monoclonal antibodies and the discovery of a new generation of targeted treatments for cancer and immunologic diseases. It offers Queen et al. patents that cover humanized antibodies, methods for humanizing antibodies, polynucleotide encoding in humanized antibodies, and methods of producing humanized antibodies. PDL BioPharma, Inc. has license agreements with various biotechnology and pharmaceutical companies, as well as acquires royalty and other assets. The company was formerly known as Protein Design Labs, Inc. and changed its name to PDL BioPharma, Inc. in 2006. PDL BioPharma, Inc. was founded in 1986 and is headquartered in Incline Village, Nevada.

Ascena Retail Group, Inc. (ASNA) climbed 3.69% during last trading as the stock added $0.23 to finish the day at $6.47 with about 3.78M shares changing hands, compared to its three month average trading volume of 4.67M. The $1.27B market cap company, currently situated 38.25% above its 52 week low of $4.68 and -42.54% away from its one year high of $11.26. The RSI of 49.31 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

McDonald’s Corporation (MCD) saw its value decrease by -0.12% as the stock dropped $-0.14 to finish the day at a closing price of $119.48. The stock was lighter in trading and has fluctuated between $110.33-$131.96 per share for the past year. The shares, which traded within a range of $118.18 to $119.74 during the day, are up by 6.09% in the past three months and up by 0.59% over the past six months. It is currently trading -2.04% below its 20 day moving average and 1.31% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $127.96 a share over the next twelve months. The current relative strength index (RSI) reading is 44.91. The technical indicator lead us to believe there will be no major movement any time soon, hold.

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2015, it operated 36,525 restaurants, including 30,081 franchised restaurants comprising 21,147 franchised to conventional franchisees, 5,529 licensed to developmental licensees, and 3,405 licensed to foreign affiliates; and 6,444 company-operated restaurants. The company was founded in 1940 and is based in Oak Brook, Illinois.

 

3 Trending Stocks: The Kraft Heinz Company (KHC), Ascena Retail Group, Inc. (ASNA), HCP, Inc. (HCP)

The Kraft Heinz Company (KHC) managed to rebound with the stock climbing 0.24% or $0.21 to close the day at $87.53 on active trading volume of 3.1M shares, compared to its three month average trading volume of 3.05M. The Pittsburgh Pennsylvania 15222 based company has been outperforming the food – major diversified group over the past 52 weeks, with the stock gaining 23.84%, compared to the industry which has advanced 25.06% over the same period. With RSI of 58.42, the stock should still continue to rise and get closer to its one year target estimate of $90.29, making it a hold for now.

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and rest of world. The company’s products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, snack nuts, dressings, packaged dinners, infant/nutrition products, and other grocery products. It offers its products under various brand names, including Kraft, Oscar Mayer, Heinz, Planters, Velveeta, Philadelphia, Lunchables, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, Tassimo, Plasmon, Lea & Perrins, ABC, Master, Quero, Golden Circle, Wattie’s, and Complan. The Kraft Heinz Company sells its products through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, hotels, restaurants, hospitals, health care facilities, and certain government agencies, as well as through its own sales organizations. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 2013 and is headquartered in Pittsburgh, Pennsylvania.

Ascena Retail Group, Inc. (ASNA) climbed 0.81% during last trading as the stock added $0.05 to finish the day at $6.24 with about 3.09M shares changing hands, compared to its three month average trading volume of 4.66M. The $1.22B market cap company, currently situated 33.33% above its 52 week low of $4.68 and -44.58% away from its one year high of $11.26. The RSI of 43.04 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

HCP, Inc. (HCP) saw its value increase by 0.2% as the stock gained $0.06 to finish the day at a closing price of $29.78. The stock was lighter in trading and has fluctuated between $22.87-$36.82 per share for the past year. The shares, which traded within a range of $29.52 to $29.92 during the day, are down by -11.98% in the past three months and down by -5.97% over the past six months. It is currently trading 0.79% above its 20 day moving average and 0.28% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $30.08 a share over the next twelve months. The current relative strength index (RSI) reading is 53.56. The technical indicator lead us to believe there will be no major movement any time soon, hold.

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry including sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing. The fund also invests in mezzanine loans and other debt instruments. It engages in acquisition, development, leasing, selling and managing of healthcare real estate and provides mortgage and other financing to healthcare providers. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Berkshire Hathaway Index, and MSCI REIT Index. HCP, Inc. was formed in 1985 and is based in Irvine, California with additional office in Nashville and San Francisco.

 

Stocks Buzz: McDonald’s Corporation (MCD), Occidental Petroleum Corporation (OXY), Ascena Retail Group, Inc. (ASNA)

McDonald’s Corporation (MCD) managed to rebound with the stock climbing 0.09% or $0.11 to close the day at $122.79 on light trading volume of 1.94M shares, compared to its three month average trading volume of 4.3M. The Oak Brook Illinois 60523 based company has been outperforming the restaurants group over the past 52 weeks, with the stock gaining 5.98%, compared to the industry which has advanced 8.08% over the same period. With RSI of 65.9, the stock should still continue to rise and get closer to its one year target estimate of $127.96, making it a hold for now.

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2015, it operated 36,525 restaurants, including 30,081 franchised restaurants comprising 21,147 franchised to conventional franchisees, 5,529 licensed to developmental licensees, and 3,405 licensed to foreign affiliates; and 6,444 company-operated restaurants. The company was founded in 1940 and is based in Oak Brook, Illinois.

Occidental Petroleum Corporation (OXY) retreated with the stock falling -0.38% or $-0.27 to close at $71.6 on light trading volume of 1.94M compared its three months average trading volume of 5.23M. The Houston Texas 77046 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 11.32% up for the period and up by 10.35% so far this year. With price target of $77.04 and a 28.11% rebound from 52-week low, Occidental Petroleum Corporation has plenty of upside potential, making it a hold with a view buy.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer and polyvinyl chloride; and other chemicals, such as resorcinol. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity, as well as oil, NGLs, gas, and other commodities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Ascena Retail Group, Inc. (ASNA) continued its downward trend with the stock declining -0.96% or $-0.06 to close the day at $6.22 on lower than average trading volume of 1.94M shares, compared to its three month average trading volume of 4.68M. The Mahwah New Jersey 07430 based company has been outperforming the apparel stores companies by 13.6793% for last three months and its recent gains have offset losses to -36.85% YTD, versus the apparel stores industry which is down -6% for the same period. The RSI of 42.17 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.