Stocks in the Spotlight: Western Digital Corporation (WDC), Activision Blizzard, Inc. (ATVI), Pepsico, Inc. (PEP)

Western Digital Corporation (WDC) had a active trading with around 4.41M shares changing hands compared to its three month average trading volume of 4.26M. The stock traded between $71.58 and $73.47 before closing at the price of $73.24 with 2.26% change on the day. The Irvine California 92612 based company is currently trading 115.06% above its 52 week low of $34.99 and 0.94% above its 52 week high of $73.47. Both the RSI indicator and target price of 70.49 and $79.02 respectively, lead us to believe that it could drop over the coming weeks.

Western Digital Corporation, together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide. It offers performance hard disk drives (HDDs) that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models, as well as for use in storage of data for years; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are designed to enhance the performance in various enterprise workload environments. The company also provides InfiniFlash System, a system solution that offers petabyte scalable capacity with performance metrics; higher value data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop PCs, notebook PCs, gaming consoles, set top boxes, security surveillance systems, and other computing devices. In addition, it offers embedded NAND-flash storage products, including custom embedded solutions; and iNAND embedded flash products, such as multi-chip package solutions that combine NAND and mobile dynamic random-access memory in an integrated package for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as in automotive and connected home applications, and NAND-flash wafers. Further, it provides HDDs embedded into WD- and HGST-branded external storage products; and NAND-flash products, which include cards, universal serial bus flash drives, and wireless drives. Additionally, the company licenses its technologies. The company sells its products under the HGST, SanDisk, and WD brands to original equipment manufacturers (OEMs), distributors, resellers, cloud infrastructure players, and retailers. It serves storage subsystem suppliers, OEMs, Internet and social media infrastructure players, and PC and Mac OEMs. The company was founded in 1970 and is headquartered in Irvine, California.

Activision Blizzard, Inc. (ATVI) managed to rebound with the stock climbing 0.33% or $0.13 to close the day at $39.08 on light trading volume of 4.4M shares, compared to its three month average trading volume of 8.75M. The Santa Monica California 90405 based company has been outperforming the multimedia & graphics software group over the past 52 weeks, with the stock gaining 12.09%, compared to the industry which has advanced 17.45% over the same period. With RSI of 62.88, the stock should still continue to rise and get closer to its one year target estimate of $48.52, making it a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Pepsico, Inc. (PEP) shares were up in last trading by 0.54% to $102.74. It experienced lighter than average volume on day. The stock increased in value by almost 0.76% over the past week and fell -2.43% in the past month. It is currently trading -0.51% below its 50 day moving average and -1.15% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -6.05% decrease in value from its one year high of $110.94. The RSI indicator value of 46.26, lead us to believe that it is a hold for now.

PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s and Ruffles potato chips; Doritos, Tostitos and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips. The company’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, natural granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, Cap’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes. Its North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under the Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Tropicana Pure Premium, Sierra Mist, and Mug brands; and ready-to-drink tea and coffee, and juices. The company’s Latin America segment provides snack foods under the Doritos, Cheetos, Marias Gamesa, Ruffles, Emperador, Saladitas, Sabritas, Lay’s, Rosquinhas Mabel, and Tostitos brands; cereals and snacks under the Quaker brand; and beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Gatorade, Mirinda, Diet 7UP, Manzanita Sol, and Diet Pepsi brands. Its Europe Sub-Saharan Africa segment offers snack foods under the Lay’s, Walkers, Doritos, Cheetos, and Ruffles brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Pepsi Max, Mirinda, Diet Pepsi, and Tropicana brands; ready-to-drink tea products; and dairy products under the Chudo, Agusha, and Domik v Derevne brands. The company’s Asia, Middle East and North Africa segment provides snack foods under the Lay’s, Kurkure, Chipsy, Doritos, Cheetos, and Crunchy brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, Mirinda, 7UP, Mountain Dew, Aquafina, and Tropicana brands; and tea products. The company was founded in 1898 and is headquartered in Purchase, New York.

 

Stocks To Track: UnitedHealth Group Incorporated (UNH), Lowe’s Companies, Inc. (LOW), Activision Blizzard, Inc. (ATVI)

UnitedHealth Group Incorporated (UNH) fell -0.7% during last trading as the stock lost $-1.14 to finish the day at $160.66 with about 5.47M shares changing hands, compared to its three month average trading volume of 3.98M. The $153.45B market cap company, which fluctuated between $157.51 and $162.97 during the day, currently situated 52.04% above its 52 week low of $108.83 and -2.04% away from its one year high of $164. The RSI of 51.8 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, individuals, and military service members; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. It also provides services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Children’s Health Insurance Program, and health care programs; and health services, including commercial health and dental benefits. This segment serves through a network of 1 million physicians and other health care professionals, as well as approximately 6,000 hospitals and other facilities. Its OptumHealth segment offers health management services, including care delivery and management, wellness and consumer engagement, distribution, and health financial services. This segment serves individuals through programs offered by employers, payers, government entities, and directly with the care delivery systems. The company’s OptumInsight segment provides software and information products, advisory consulting services, and business process outsourcing and support services to hospitals, physicians, commercial health plans, government agencies, life sciences companies, and other organizations. Its OptumRx segment offers pharmacy care services and programs, including retail pharmacy network management, home delivery and specialty pharmacy, manufacturer rebate contracting and administration, benefit plan design and consultation, claims processing, and clinical program services, such as formulary management and compliance, drug utilization review, and disease and drug therapy management. The company was founded in 1974 and is based in Minnetonka, Minnesota.

Lowe’s Companies, Inc. (LOW) gained $0.23 to close the day at a new closing price of $72.38, a 0.32% increase in value from its previous closing price that moved the stock 17.08% above its 52 week low of $62.62. A total of 5.47M shares exchanged hands during the day compared with its three month average trading volume of 6.27M. The stock, which fluctuated between $71.39 and $73.21 during the day, currently situated -12.67% below its 52 week high. The stock is down by -1.6% in the past one month and up by 1.94% over the past three months. With a one year target estimate of $79.79 and RSI of 55.27, the stock still has upside potential, making it a hold for now.

Lowe’s Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, lawn and garden, seasonal living, paint, flooring, millwork, kitchens, outdoor power equipment, and home fashions. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers; and retail customers comprising individual homeowners and renters. As of January 29, 2016, it operated 1,857 home improvement and hardware stores in the United States, Canada, and Mexico. The company also sells its products through online sites comprising Lowes.com, Lowes.ca, and ATGstores.com, as well as through mobile applications. Lowe’s Companies, Inc. was founded in 1946 and is based in Mooresville, North Carolina.

Activision Blizzard, Inc. (ATVI) had a light trading with around 5.46M shares changing hands compared to its three month average trading volume of 8.73M. The stock traded at the price of $38.95 with 0% change on the day. The Santa Monica California 90405 based company is currently trading 48.23% above its 52 week low of $26.49 and -14.49% below its 52 week high of $45.55. Both the RSI indicator and target price of 62.74 and $48.52 respectively, lead us to believe that it should be put on hold over the coming weeks.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

 

Trader’s Round Up: The Walt Disney Company (DIS), xG Technology, Inc. (XGTI), Activision Blizzard, Inc. (ATVI)

The Walt Disney Company (DIS) grew with the stock adding 0.49% or $0.53 to close at $108.06 on light trading volume of 6.47M compared its three months average trading volume of 8.25M. The Burbank California 91521 based company operating under the Entertainment – Diversified industry has been trending up for the last 52 weeks, with the shares price now 10.67% up for the period and up by 3.68% so far this year. With price target of $109.59 and a 27.17% rebound from 52-week low, The Walt Disney Company has plenty of upside potential, making it a hold with a view buy.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company’s Media Networks segment operates cable programming services, including the ESPN, Disney channels, and Freeform networks; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio Network; and the Radio Disney network. It also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats, such as DVD, Blu-Ray, and iTunes. Its Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida and the Disneyland Resort in California. This segment also operates Disney Resort & Spa in Hawaii, Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and manages Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, as well as licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort in Japan. The company’s Studio Entertainment segment produces and acquires live-action and animated motion pictures for distribution in the theatrical, home entertainment, and television markets primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm, and Touchstone banners. This segment also produces stage plays and musical recordings; licenses and produces live entertainment events; and provides visual and audio effects, and other post-production services. Its Consumer Products & Interactive Media segment licenses its trade names, characters, and visual and literary properties; develops and publishes games for mobile platforms; and sells its products through The Disney Store, DisneyStore.com, and MarvelStore.com, as well as directly to retailers. The company was founded in 1923 and is based in Burbank, California.

xG Technology, Inc. (XGTI) gained $0.07 to close the day at a new closing price of $2.19, a 3.3% increase in value from its previous closing price that moved the stock 772.51% above its 52 week low of $1.17. A total of 6.46M shares exchanged hands during the day compared with its three month average trading volume of 2.14M. The stock, which fluctuated between $1.75 and $2.55 during the day, currently situated -56.04% below its 52 week high. The stock is up by 514.48% in the past one month and up by 584.38% over the past three months. With a one year target estimate of $5 and RSI of 61.99, the stock still has upside potential, making it a hold for now.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

Activision Blizzard, Inc. (ATVI) shares were down in last trading by -0.46% to $38.95. It experienced lighter than average volume on day. The stock increased in value by almost 2.74% over the past week and grew 4.37% in the past month. It is currently trading 2.49% above its 50 day moving average and -1.25% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -14.49% decrease in value from its one year high of $45.55. The RSI indicator value of 63.87, lead us to believe that it is a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

 

Stocks in Focus: Activision Blizzard, Inc. (ATVI), Southwestern Energy Company (SWN), The Procter & Gamble Company (PG)

Activision Blizzard, Inc. (ATVI) had a active trading with around 9.48M shares changing hands compared to its three month average trading volume of 8.62M. The stock traded at the price of $39.2 with 2.14% change on the day. The Santa Monica California 90405 based company is currently trading 49.18% above its 52 week low of $26.49 and -13.94% below its 52 week high of $45.55. Both the RSI indicator and target price of 65.91 and $48.73 respectively, lead us to believe that it should be put on hold over the coming weeks.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Southwestern Energy Company (SWN) continued its upward trend with the stock climbing 2.81% or $0.28 to close the day at $10.25 on active trading volume of 9.42M shares, compared to its three month average trading volume of 16.59M. The Spring Texas 77389 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 72.56%, compared to the industry which has advanced 54.14% over the same period. With RSI of 45.41, the stock should still continue to rise and get closer to its one year target estimate of $13.69, making it a hold for now.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

The Procter & Gamble Company (PG) shares were up in last trading by 0.31% to $83.75. It experienced higher than average volume on day. The stock decreased in value by almost -0.89% over the past week and fell -0.73% in the past month. It is currently trading -0.61% below its 50 day moving average and -0.21% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -6.57% decrease in value from its one year high of $90.33. The RSI indicator value of 46.44, lead us to believe that it is a hold for now.

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, India, the Middle East, Africa, and Latin America. The company’s Beauty segment offers hair care products comprising conditioners, shampoos, styling aids, and treatments; and antiperspirants and deodorants, personal cleansing, and skin care products. This segment markets its products under the Head & Shoulders, Olay, Pantene, Rejoice, Old Spice, Safeguard, and SK-II brands. Its Grooming segment provides blades and razors, pre- and post-shave products, and other shave care products, as well as appliances under the Braun, Fusion, Gillette, Mach3, Prestobarba, and Venus brands. The company’s Health Care segment offers toothbrushes, toothpaste, and other oral care products; and gastrointestinal, rapid diagnostics, respiratory, vitamins/minerals/supplements, and other healthcare products under the Oral-B, Crest, Prilosec, Vicks, Metamucil, Pepto Bismol, and Align brands. Its Fabric & Home Care segment provides fabric care products, including fabric enhancers, laundry additives, and laundry detergents; and home care products comprising air care, dish care, P&G professional, and surface care products under the Tide, Ariel, Downy, Gain, Cascade, Dawn, Febreze, Mr. Clean, and Swiffer brands. The company’s Baby, Feminine & Family Care segment offers baby care products, such as baby wipes, diapers, and pants; adult incontinence and feminine care products; and family care products, such as paper towels, tissues, and toilet papers. This segment markets its products under the Pampers, Always, Bounty, Charmin, Luvs, and Tampax brands. The company sells its products through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores, and pharmacies. The Procter & Gamble Company was founded in 1837 and is based in Cincinnati, Ohio.

 

Traders Recap: Novavax, Inc. (NVAX), Medtronic plc (MDT), Activision Blizzard, Inc. (ATVI)

Novavax, Inc. (NVAX) continued its upward trend with the stock climbing 0.7% or $0.01 to close the day at $1.43 on lower than average trading volume of 7.77M shares, compared to its three month average trading volume of 8.21M. The Gaithersburg Maryland 20878 based company has been outperforming the biotechnology companies by -23.9968% for last three months and its recent losses have trimmed gains to 13.49% YTD, versus the biotechnology industry which is up 3.62% for the same period. The RSI of 53.52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Novavax, Inc., a clinical-stage vaccine company, focuses on discovering, developing, and commercializing recombinant nanoparticle vaccines and adjuvants. The company produces its vaccines using its proprietary recombinant nanoparticle vaccine technology. Its product pipeline includes respiratory syncytial virus (RSV) vaccine candidates for elderly and maternal immunization that are in Phase III clinical trials, as well as pediatric RSV candidate, which is in Phase I clinical trial; seasonal quadrivalent influenza and pandemic H7N9 vaccines, which are in Phase II clinical trials; vaccine candidate against Ebola Virus that is Phase I clinical trial, as well as combination respiratory vaccine candidate and seasonal influenza vaccine candidate that is in pre-clinical trial; and rabies G protein vaccine candidate, which is in Phase I/II clinical trial. The company also has pre-clinical stage programs for various infectious diseases, including the Middle East respiratory syndrome coronavirus; and develops technology for the production of immune stimulating saponin-based adjuvants. Novavax, Inc. was founded in 1987 and is headquartered in Gaithersburg, Maryland.

Medtronic plc (MDT) had a active trading with around 7.67M shares changing hands compared to its three month average trading volume of 6.62M. The stock traded between $74.12 and $75.27 before closing at the price of $74.9 with 1.46% change on the day. The Dublin Dublin 2 based company is currently trading 8% above its 52 week low of $69.35 and -16.1% below its 52 week high of $89.27. Both the RSI indicator and target price of 56.46 and $84.55 respectively, lead us to believe that it should be put on hold over the coming weeks.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators and cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, peripheral vascular intervention products, and products to treat superficial and deep venous diseases. Its Minimally Invasive Therapies Group segment provides gastrointestinal diagnostics, ablation, and interventional lung solutions; stapling, vessel sealing, and other surgical instruments; sutures; electrosurgery products; hernia mechanical devices; mesh implants; products for patient monitoring and recovery; sensors; monitors; compression and dialysis, enteral feeding, and wound care products; and operating room supplies, electrodes, needles, syringes, and sharps disposals. The company’s Restorative Therapies Group segment offers products for various areas of the spine; bone graft substitutes; biologic products; trauma, implantable neurostimulation therapies, and drug delivery systems for the treatment of chronic pain, movement disorders, obsessive-compulsive disorder, overactive bladder, urinary retention, fecal incontinence, and gastroparesis; products to treat conditions of the ear, nose, throat, and neurological disorders; systems that incorporate advanced energy surgical instruments; products for haemostatic sealing of soft tissue and bone; and image-guided surgery and intra-operative imaging systems. Its Diabetes Group segment provides insulin pumps and consumables; continuous glucose monitoring systems; and Web-based therapy management software solutions. It serves hospitals, physicians, clinicians, and patients. Medtronic plc was founded in 1949 and is headquartered in Dublin, Ireland.

Activision Blizzard, Inc. (ATVI) opening the day at $37.67. The company has seen its stock increase in value by 6.29% so far this year. The stock was up close to 1.8% on light volume in last trading session and closed at $38.38 per share. After the recent gain, the stock is currently holding -15.74% below its 52 week high of $45.55 and 46.06% above its 12-month low of $26.49. The shares are down by over -12.35% in the last three months, and the RSI indicator value of 58.8 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

 

3 Notable Runners: PPL Corporation (PPL), Johnson & Johnson (JNJ), Activision Blizzard, Inc. (ATVI)

PPL Corporation (PPL) failed to extend gains with the stock declining -0.98% or $-0.34 to close the day at $34.22 on higher than average trading volume of 5.47M shares, compared to its three month average trading volume of 4.34M. The Allentown Pennsylvania 18101 based company has been outperforming the electric utilities companies by 7.3294% for last three months and its recent gains have pushed the stock slightly up 0.5% YTD, versus the electric utilities industry which is down -0.93% for the same period. The RSI of 51.61 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Johnson & Johnson (JNJ) had a light trading with around 5.45M shares changing hands compared to its three month average trading volume of 7.09M. The stock traded between $115.89 and $116.61 before closing at the price of $116.28 with -0.02% change on the day. The New Brunswick New Jersey 08933 based company is currently trading 26.82% above its 52 week low of $94.28 and -6.51% below its 52 week high of $126.07. Both the RSI indicator and target price of 55.97 and $125.16 respectively, lead us to believe that it should be put on hold over the coming weeks.

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates through three segments: Consumer, Pharmaceutical, and Medical Devices. The Consumer segment offers baby care products under the JOHNSON’S brand name; oral care products under the LISTERINE brand name; skin care products under the AVEENO, CLEAN & CLEAR, DABAO, JOHNSON’S Adult, LE PETITE MARSEILLAIS, LUBRIDERM, NEUTROGENA, and RoC brand names; women’s health products, such as sanitary pads under the STAYFREE and CAREFREE, and o.b. tampon brand names; wound care products, including adhesive bandages under the BAND-AID brand name and first aid products under the NEOSPORIN brand name. This segment also provides over-the-counter medicines, including acetaminophen products under the TYLENOL brand name; cold, flu, and allergy products under the SUDAFED brand name; allergy products under the BENADRYL and ZYRTEC brand names; ibuprofen products under the MOTRIN IB brand name; and heartburn products under the PEPCID brand name. The Pharmaceutical segment provides various products in the areas of immunology, infectious diseases and vaccines, neuroscience, oncology, and cardiovascular and metabolic diseases. The Medical Devices segment offers orthopaedic products; general surgery, biosurgical, endomechanical, and energy products; electrophysiology products to treat cardiovascular disease; sterilization and disinfection products to reduce surgical infection; blood glucose monitoring and insulin delivery products; and disposable contact lenses. The company offers its products to general public, retail outlets and distributors, wholesalers, hospitals, and health care professionals for prescription use, as well as for use in the professional fields by physicians, nurses, hospitals, eye care professionals, and clinics. Johnson & Johnson was founded in 1885 and is based in New Brunswick, New Jersey.

Activision Blizzard, Inc. (ATVI) opening the day at $38.09. The company has seen its stock increase in value by 4.4% so far this year. The stock was down close to -0.55% on light volume in last trading session and closed at $37.7 per share. After the recent fall, the stock is currently holding -17.23% below its 52 week high of $45.55 and 43.48% above its 12-month low of $26.49. The shares are down by over -14.16% in the last three months, and the RSI indicator value of 52.3 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

 

Stocks To Watch: Bonanza Creek Energy Inc. (BCEI), Starbucks Corporation (SBUX), Activision Blizzard, Inc. (ATVI)

Bonanza Creek Energy Inc. (BCEI) traded within a range of $1.47 to $1.85 after opening the day at $1.6. The company has seen its stock increase in value by 70.59% so far this year. The stock was up close to 12.26% on active volume in last trading session and closed at $1.74 per share. After the recent gain, the stock is currently holding -64.99% below its 52 week high of $4.67 and 190% above its 12-month low of $0.6. The shares are up by over 62.62% in the last three months, and the RSI indicator value of 59.59 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Bonanza Creek Energy Inc., an independent energy company, engages in the acquisition, exploration, development, and production of onshore oil and associated liquids-rich natural gas in the United States. The company’s oil and liquids weighted assets are located primarily in the Wattenberg Field in Colorado; and the Dorcheat Macedonia Field in southern Arkansas. It also owns and operates oil-producing assets in the North Park Basin in Colorado; and the McKamie Patton Field in Southern Arkansas. Bonanza Creek Energy Inc. was founded in 2010 and is headquartered in Denver, Colorado. On January 4, 2017, Bonanza Creek Energy Inc. along with its affiliates filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

Starbucks Corporation (SBUX) continued its upward trend with the stock climbing 1.19% or $0.67 to close the day at $57.13 on light trading volume of 8.58M shares, compared to its three month average trading volume of 8.79M. The Seattle Washington 98134 based company has been outperforming the specialty eateries group over the past 52 weeks, with the stock gaining 2.28%, compared to the industry which has advanced 4.54% over the same period. With RSI of 54.13, the stock should still continue to rise and get closer to its one year target estimate of $64.19, making it a hold for now.

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.

Activision Blizzard, Inc. (ATVI) dropped $-0.03 to close the day at a new closing price of $37.91, a -0.08% decrease in value from its previous closing price that moved the stock 44.28% above its 52 week low of $26.49. A total of 8.36M shares exchanged hands during the day compared with its three month average trading volume of 8.54M. The stock, which fluctuated between $37.82 and $38.19 during the day, currently situated -16.77% below its 52 week high. The stock is up by 3.3% in the past one month and down by -13.82% over the past three months. With a one year target estimate of $48.73 and RSI of 54.75, the stock still has upside potential, making it a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

 

Stocks In Action: Morgan Stanley (MS), Activision Blizzard, Inc. (ATVI), Annaly Capital Management, Inc. (NLY)

Morgan Stanley (MS) traded within a range of $43.04 to $43.82 after opening the day at $43.3. The company has seen its stock increase in value by 3.24% so far this year. The stock was up close to 1.32% on light volume in last trading session and closed at $43.62 per share. After the recent gain, the stock is currently holding -0.95% below its 52 week high of $44.04 and 109.95% above its 12-month low of $21.16. The shares are up by over 36.96% in the last three months, and the RSI indicator value of 68.23 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company’s Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides sales and trading services, such as sales, financing, and market-making services in equity securities and fixed income products, including foreign exchange and commodities, as well as prime brokerage services; and corporate lending services, credit products, and investments and research services. Its Wealth Management segment offers various financial services and solutions covering brokerage and investment advisory services, market-making services in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, and banking and retirement plan services to individual investors, small-to-medium sized businesses, and institutions. The company’s Investment Management segment provides various investment strategies and products comprising asset management, including equity, fixed income, liquidity, alternatives, and managed futures products. This segment is also involved in merchant banking and real estate investing businesses. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

Activision Blizzard, Inc. (ATVI) continued its upward trend with the stock climbing 1.97% or $0.72 to close the day at $37.36 on light trading volume of 7.64M shares, compared to its three month average trading volume of 8.45M. The Santa Monica California 90405 based company has been outperforming the multimedia & graphics software group over the past 52 weeks, with the stock gaining 1.41%, compared to the industry which has advanced 11.45% over the same period. With RSI of 48.18, the stock should still continue to rise and get closer to its one year target estimate of $48.73, making it a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Annaly Capital Management, Inc. (NLY) gained $0.03 to close the day at a new closing price of $10.11, a 0.3% increase in value from its previous closing price that moved the stock 37.43% above its 52 week low of $8.25. A total of 7.59M shares exchanged hands during the day compared with its three month average trading volume of 7.29M. The stock, which fluctuated between $10.08 and $10.17 during the day, currently situated -5.45% below its 52 week high. The stock is up by 4.68% in the past one month and up by 3.64% over the past three months. With a one year target estimate of $10.27 and RSI of 55.86, the stock still has upside potential, making it a hold for now.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.

 

Stocks Trending Alert: Oasis Petroleum Inc. (OAS), Activision Blizzard, Inc. (ATVI), Morgan Stanley (MS)

Oasis Petroleum Inc. (OAS) saw its value increase by 3.9% as the stock gained $0.59 to finish the day at a closing price of $15.73. The stock was lighter in trading and has fluctuated between $3.4-$17.08 per share for the past year. The shares, which traded within a range of $15.19 to $15.97 during the day, are up by 35.72% in the past three months and up by 74.58% over the past six months. It is currently trading 0.9% above its 20 day moving average and 17.68% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $15.97 a share over the next twelve months. The current relative strength index (RSI) reading is 60.31.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

Activision Blizzard, Inc. (ATVI) shares were up in last trading by 1.47% to $36.64. It experienced lighter than average volume on day. The stock increased in value by almost 0.38% over the past week and grew 2.98% in the past month. It is currently trading -6.05% below its 50 day moving average and -6.58% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -19.56% decrease in value from its one year high of $45.55. The RSI indicator value of 42.34, lead us to believe that it is a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Morgan Stanley (MS) traded within a range of $42.45 to $43.63 after opening the day at $43.09. The company has seen its stock increase in value by 1.89% so far this year. The stock was up close to 1.89% on light volume in last trading session and closed at $43.05 per share. After the recent gain, the stock is currently holding -2.25% below its 52 week high of $44.04 and 107.21% above its 12-month low of $21.16. The shares are up by over 35.55% in the last three months, and the RSI indicator value of 64.46 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company’s Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides sales and trading services, such as sales, financing, and market-making services in equity securities and fixed income products, including foreign exchange and commodities, as well as prime brokerage services; and corporate lending services, credit products, and investments and research services. Its Wealth Management segment offers various financial services and solutions covering brokerage and investment advisory services, market-making services in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, and banking and retirement plan services to individual investors, small-to-medium sized businesses, and institutions. The company’s Investment Management segment provides various investment strategies and products comprising asset management, including equity, fixed income, liquidity, alternatives, and managed futures products. This segment is also involved in merchant banking and real estate investing businesses. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

 

Stocks In Action: JetBlue Airways Corporation (JBLU), U.S. Bancorp (USB), Activision Blizzard, Inc. (ATVI)

JetBlue Airways Corporation (JBLU) traded within a range of $22.15 to $22.59 after opening the day at $22.25. The company has seen its stock decrease in value by -1.02% so far this year. The stock was up close to 1.26% on light volume in last trading session and closed at $22.42 per share. After the recent gain, the stock is currently holding -5.28% below its 52 week high of $23.67 and 51.9% above its 12-month low of $14.76. The shares are up by over 30.05% in the last three months, and the RSI indicator value of 64.15 is neither bullish nor bearish, tempting investors to stay on the sidelines.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 25 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 Embraer E190 aircrafts. It also served 93 destinations in 28 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 19 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.

U.S. Bancorp (USB) managed to rebound with the stock climbing 0.14% or $0.07 to close the day at $51.37 on light trading volume of 5.18M shares, compared to its three month average trading volume of 7.7M. The Minneapolis Minnesota 55402 based company has been outperforming the regional – midwest banks group over the past 52 weeks, with the stock gaining 23.41%, compared to the industry which has advanced 30.69% over the same period. With RSI of 62.27, the stock should still continue to rise and get closer to its one year target estimate of $51.5, making it a hold for now.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to the company’s customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as offers cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. It serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,133 banking offices primarily in the Midwest and West regions of the United States; and a network of 4,936 ATMs, as well as through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Activision Blizzard, Inc. (ATVI) dropped $-0.37 to close the day at a new closing price of $36.11, a -1.01% decrease in value from its previous closing price that moved the stock 37.42% above its 52 week low of $26.49. A total of 5.09M shares exchanged hands during the day compared with its three month average trading volume of 8.45M. The stock, which fluctuated between $35.95 and $36.56 during the day, currently situated -20.72% below its 52 week high. The stock is down by -1.37% in the past one month and down by -18.49% over the past three months. With a one year target estimate of $48.73 and RSI of 36.22, the stock still has upside potential, making it a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.