Stocks in Review: Hess Corporation (HES), BB&T Corporation (BBT), Kimco Realty Corporation (KIM)

Hess Corporation (HES) traded within a range of $50.86 to $51.62 after opening the day at $51.4. The company has seen its stock decrease in value by -17.64% so far this year. The stock was up close to 0.49% on light volume in last trading session and closed at $51.3 per share. After the recent gain, the stock is currently holding -21.44% below its 52 week high of $65.56 and 30.83% above its 12-month low of $38.5. The shares are up by over 1.81% in the last three months, and the RSI indicator value of 27.32 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

BB&T Corporation (BBT) failed to extend gains with the stock declining -0.54% or $-0.26 to close the day at $48 on light trading volume of 3.94M shares, compared to its three month average trading volume of 4.82M. The Winston-Salem North Carolina 27101 based company has been outperforming the regional – southeast banks group over the past 52 weeks, with the stock gaining 53.36%, compared to the industry which has advanced 66.09% over the same period. With RSI of 64.48, 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.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Kimco Realty Corporation (KIM) gained $0.09 to close the day at a new closing price of $24.23, a 0.37% increase in value from its previous closing price that moved the stock 0.87% above its 52 week low of $24.02. A total of 3.92M shares exchanged hands during the day compared with its three month average trading volume of 3.31M. The stock, which fluctuated between $24.1 and $24.53 during the day, currently situated -23.34% below its 52 week high. The stock is down by -4.98% in the past one month and down by -6.03% over the past three months. With a one year target estimate of $27.53 and RSI of 39.75, the stock still has upside potential, making it a hold for now.

Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers. The firm also provides property management services relating to the management, leasing, operation, and maintenance of real estate properties. Kimco Realty Corporation was formed in 1966 and is based in New Hyde Park, New York with additional office all across North America.

 

Stocks To Watch: BB&T Corporation (BBT), The PNC Financial Services Group, Inc. (PNC), Universal Health Services, Inc. (UHS)

BB&T Corporation (BBT) traded within a range of $46.92 to $47.93 after opening the day at $47.05. The company has seen its stock increase in value by 2.47% so far this year. The stock was up close to 1.89% on light volume in last trading session and closed at $47.87 per share. After the recent gain, the stock is currently holding 0.69% above its 52 week high of $47.93 and 57.79% above its 12-month low of $31.27. The shares are up by over 15.13% in the last three months, and the RSI indicator value of 65.06 is neither bullish nor bearish, tempting investors to stay on the sidelines.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

The PNC Financial Services Group, Inc. (PNC) continued its upward trend with the stock climbing 1.35% or $1.68 to close the day at $126.1 on light trading volume of 2.42M shares, compared to its three month average trading volume of 2.92M. The Pittsburgh Pennsylvania 15222 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 55.04%, compared to the industry which has advanced 24.61% over the same period. With RSI of 70.14, the stock should still continue to rise and get closer to its one year target estimate of $125.13, making it a hold for now.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company’s Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management services to consumer and small business customers through branch network, ATMs, call centers, online banking, and mobile channels. As of March 31, 2016, this segment operated a network of 2,613 branches and 8,940 ATMs. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, equipment leases, cash and investment management, receivables management, disbursement and funds transfer, information reporting, trade services, foreign exchange, derivatives, securities, loan syndications, mergers and acquisitions advisory, equity capital markets advisory, and related services for corporations, government, and not-for-profit entities. This segment also offers commercial loan servicing, and real estate advisory and technology solutions for the commercial real estate finance industry. The company’s Asset Management Group segment provides investment and retirement planning, customized investment management, private banking, tailored credit solutions, and trust management and administration for individuals and their families; multi-generational family planning products; and mutual funds and institutional asset management services. Its Residential Mortgage Banking segment offers first lien residential mortgage loans. The company’s BlackRock segment provides investment and risk management services to institutional and retail clients. Its Non-Strategic Assets Portfolio segment offers consumer residential mortgage, brokered home equity loans, and lines of credit, as well as commercial real estate loans and leases. The PNC Financial Services Group, Inc. was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

Universal Health Services, Inc. (UHS) gained $3.42 to close the day at a new closing price of $121.3, a 2.9% increase in value from its previous closing price that moved the stock 21.64% above its 52 week low of $99.72. A total of 1.51M shares exchanged hands during the day compared with its three month average trading volume of 1.1M. The stock, which fluctuated between $117.51 and $121.48 during the day, currently situated -13.01% below its 52 week high. The stock is up by 7.66% in the past one month and up by 2.24% over the past three months. With a one year target estimate of $132.8 and RSI of 78.3, the stock still has upside potential, making it a sell for now.

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The company’s hospitals provide various services, including general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services. As of February 25, 2016, it owned and/or operated 24 inpatient acute care hospitals, 3 free-standing emergency departments, and 213 inpatient and 16 outpatient behavioral health care facilities located in 37 states, Washington, D.C.; the United Kingdom; Puerto Rico; and the U.S. Virgin Islands. Universal Health Services, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

 

3 Notable Runners: NetApp, Inc. (NTAP), BB&T Corporation (BBT), Marathon Petroleum Corporation (MPC)

NetApp, Inc. (NTAP) continued its upward trend with the stock climbing 0.36% or $0.14 to close the day at $39.45 on lower than average trading volume of 2.84M shares, compared to its three month average trading volume of 3.16M. The Sunnyvale California 94089 based company has been outperforming the data storage devices companies by 19.2621% for last three months and its recent gains have pushed the stock slightly up 12.45% YTD, versus the data storage devices industry which is up 13.26% for the same period. The RSI of 76.34 indicates the stock is overbought at the current levels, sell for now.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers all-flash arrays that support data management across flash, disk, and cloud resources; hybrid arrays to deploy the speed of flash storage; Data ONTAP storage operating system that delivers integrated data protection, comprehensive data management, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; and SANtricity operating system, which provides performance, reliability, and data protection for application-driven workloads. The company also provides SolidFire element operating system optimized for the storage requirements of a data center; NetApp StorageGRID software that allows organizations to store and manage massive amounts of data on premises and in the cloud; and AltaVault cloud-integrated storage solutions and services, which provide the ability to backup data to any cloud. In addition, it offers integrated data protection solutions; OnCommand management software and management integration tools; FlexArray storage virtualization software; and NetApp private storage for cloud, a family of enterprise storage solutions. Further, the company offers software and hardware maintenance, professional, and customer education and training services, as well as support solutions. It serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. The company has a partnership with DarkMatter to jointly develop and deliver secure data storage and big data analytics solutions. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.

BB&T Corporation (BBT) had a light trading with around 2.81M shares changing hands compared to its three month average trading volume of 5.22M. The stock traded between $46.39 and $46.75 before closing at the price of $46.63 with 0.47% change on the day. The Winston-Salem North Carolina 27101 based company is currently trading 60.47% above its 52 week low of $31.27 and -1.92% below its 52 week high of $47.85. Both the RSI indicator and target price of 55.08 and $48.52 respectively, lead us to believe that it should be put on hold over the coming weeks.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Marathon Petroleum Corporation (MPC) traded within a range of $49.68 to $50.47 after opening the day at $50.37. The company has seen its stock decrease in value by -0.42% so far this year. The stock was up close to 0.42% on light volume in last trading session and closed at $50.14 per share. After the recent gain, the stock is currently holding -8.15% below its 52 week high of $54.59 and 77.77% above its 12-month low of $30.64. The shares are up by over 16.03% in the last three months, and the RSI indicator value of 58.35 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

 

3 Trending Stocks: BB&T Corporation (BBT), Allergan plc (AGN), Anadarko Petroleum Corporation (APC)

BB&T Corporation (BBT) failed to extend gains with the stock declining -0.39% or $-0.18 to close the day at $46.43 on light trading volume of 3.19M shares, compared to its three month average trading volume of 5.38M. The Winston-Salem North Carolina 27101 based company has been outperforming the regional – southeast banks group over the past 52 weeks, with the stock gaining 49.58%, compared to the industry which has advanced 57.99% over the same period. With RSI of 51.03, 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.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Allergan plc (AGN) climbed 1.54% during last trading as the stock added $3.56 to finish the day at $234.43 with about 3.17M shares changing hands, compared to its three month average trading volume of 4.8M. The $92.06B market cap company, which fluctuated between $227 and $234.58 during the day, currently situated 27.06% above its 52 week low of $184.5 and -22.2% away from its one year high of $301.32. The RSI of 78.28 indicates the stock is overbought at the current levels, sell for now.

Allergan plc, a specialty pharmaceutical company, develops, manufactures, markets, and distributes medical aesthetics, biosimilar, and over-the-counter pharmaceutical products worldwide. It operates through US Brands, US Medical Aesthetics, International Brands, and Anda Distribution segments. The company offers a portfolio of products that provide treatments for the central nervous system, gastroenterology, women’s health and urology, ophthalmology, neurosciences, medical aesthetics, liver disease, inflammation, fibrosis, and HIV, as well as dermatology and plastic surgery, and Alzheimer’s disease. It is also involved in developing ocular implants that reduce intraocular pressure associated with glaucoma; medical devices for the correction of prominent ears; and intranasal neurostimulation devices, as well as other dry eye products. In addition, it distributes generic and branded pharmaceutical products primarily to independent pharmacies, pharmacy chains, pharmacy buying groups, and physicians’ offices. Allergan plc has a collaboration with T2 Biosystems to develop blood-based diagnostic panel for the detection of Gram-negative bacterial species. The company was formerly known as Actavis plc and changed its name to Allergan plc in June 2015. Allergan plc was founded in 1983 and is headquartered in Dublin, Ireland.

Anadarko Petroleum Corporation (APC) saw its value decrease by -1.85% as the stock dropped $-1.3 to finish the day at a closing price of $69.1. The stock was lighter in trading and has fluctuated between $33.85-$73.33 per share for the past year. The shares, which traded within a range of $68.78 to $70.87 during the day, are up by 14.77% in the past three months and up by 31.15% over the past six months. It is currently trading -1.67% below its 20 day moving average and -0.65% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $81.94 a share over the next twelve months. The current relative strength index (RSI) reading is 46.63. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

Stocks in Review: Netflix, Inc. (NFLX), Xcel Energy Inc. (XEL), BB&T Corporation (BBT)

Netflix, Inc. (NFLX) traded within a range of $139.05 to $141.04 after opening the day at $140.61. The company has seen its stock increase in value by 12.44% so far this year. The stock was down close to -1.12% on light volume in last trading session and closed at $139.2 per share. After the recent fall, the stock is currently holding -2.97% below its 52 week high of $143.46 and 74.11% above its 12-month low of $79.95. The shares are up by over 12.9% in the last three months, and the RSI indicator value of 62.86 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. It offer members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. It serves approximately 93 million streaming members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

Xcel Energy Inc. (XEL) managed to rebound with the stock climbing 1.87% or $0.76 to close the day at $41.39 on active trading volume of 3.45M shares, compared to its three month average trading volume of 2.61M. The Minneapolis Minnesota 55401 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 8.99%, compared to the industry which has advanced 6.81% over the same period. With RSI of 60.51, the stock should still continue to rise and get closer to its one year target estimate of $61.12, making it a hold for now.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil and refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy Inc. was founded in 1909 and is based in Minneapolis, Minnesota.

BB&T Corporation (BBT) dropped $-0.14 to close the day at a new closing price of $45.81, a -0.3% decrease in value from its previous closing price that moved the stock 56.63% above its 52 week low of $29.95. A total of 3.45M shares exchanged hands during the day compared with its three month average trading volume of 5.45M. The stock, which fluctuated between $45.41 and $45.94 during the day, currently situated -4.26% below its 52 week high. The stock is down by -2.49% in the past one month and up by 18.27% over the past three months. With a one year target estimate of $48.52 and RSI of 45.65, the stock still has upside potential, making it a hold for now.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

 

Stocks Under Consideration: Regions Financial Corporation (RF), BB&T Corporation (BBT), Yum! Brands, Inc. (YUM)

Regions Financial Corporation (RF) retreated with the stock falling -0.28% or $-0.04 to close at $14.41 on light trading volume of 15.32M compared its three months average trading volume of 21.99M. The Birmingham Alabama 35203 based company operating under the Regional – Southeast Banks industry has been trending up for the last 52 weeks, with the shares price now 86.13% up for the period and up by 0.35% so far this year. With price target of $15.23 and a 111.13% rebound from 52-week low, Regions Financial Corporation has plenty of upside potential, making it a hold with a view buy.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. Its Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services. This segment serves corporate, middle market, small business, and commercial real estate developers and investors. The company’s Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards, and other consumer loans, as well as the corresponding deposit relationships. Its Wealth Management segment offers wealth management products and services, including credit related products, trust and investment management, asset management, retirement and savings solutions, estate planning, and personal and commercial insurance products to individuals, businesses, governmental institutions, and non-profit entities. The company also provides insurance coverage for various lines of personal and commercial insurance, such as property, vehicle, casualty, life, health, and accident insurance, as well as commercial crop, life, and environmental insurance; and commercial equipment financing products, as well as offers securities, insurance, and advisory services through financial consultants. In addition, it offers securities brokerage, merger and acquisition advisory, trust, and other specialty financing services. As of December 31, 2015, the company operated 1,627 banking offices and 1,962 ATMs in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.

BB&T Corporation (BBT) had a light trading with around 4.11M shares changing hands compared to its three month average trading volume of 5.41M. The stock traded between $45.98 and $46.62 before closing at the price of $46.19 with -0.62% change on the day. The Winston-Salem North Carolina 27101 based company is currently trading 57.93% above its 52 week low of $29.95 and -3.47% below its 52 week high of $47.85. Both the RSI indicator and target price of  and $48.52 respectively, lead us to believe that it could rise over the coming weeks.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Yum! Brands, Inc. (YUM) saw its value decrease by -0.23% as the stock dropped $-0.15 to finish the day at a closing price of $65.53. The stock was higher in trading and has fluctuated between $46.43-$66.21 per share for the past year. The shares, which traded within a range of $65.11 to $65.93 during the day, are up by 6.83% in the past three months and up by 3% over the past six months. It is currently trading 1.7% above its 20 day moving average and 2.95% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $67.72 a share over the next twelve months. The current relative strength index (RSI) reading is 62.16.The technical indicator lead us to believe there will be no major movement any time soon, hold.

YUM! Brands, Inc., through its subsidiaries, operates quick service restaurants. It operates in four segments: YUM China, the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items. As of April 21, 2016, it operated approximately 43,000 restaurants in approximately 130 countries and territories primarily under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories. The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to YUM! Brands, Inc. in May 2002. YUM! Brands, Inc. was founded in 1997 and is headquartered in Louisville, Kentucky.

 

Stocks Trend Analysis: McKesson Corporation (MCK) BB&T Corporation (BBT) Royal Caribbean Cruises Ltd. (RCL)

McKesson Corporation (MCK) continued its downward trend with the stock declining -1.31% or $-1.81 to close the day at $136.74 on active trading volume of 3.35M shares, compared to its three month average trading volume of 2.82M. The San Francisco California 94104 based company has been underperforming the drugs wholesale group over the past 52 weeks, with the stock losing -14.02%, compared to the industry which has dropped -9.16% over the same period. With RSI of 36.78, the stock should still continue to rise and get closer to its one year target estimate of $155.64, making it a hold for now.

McKesson Corporation operates as a pharmaceutical distribution services and information technology company in the United States and internationally. It offers pharmaceuticals and medical supplies, and services for healthcare operations. The company operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs and other healthcare-related products; and provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices. This segment also provides specialty pharmaceutical solutions for pharmaceutical manufacturers; and medical-surgical supply distribution, equipment, logistics, and other services to healthcare providers. In addition, this segment operates retail pharmacies in Europe and supports independent pharmacy networks in North America; sells financial, operational, and clinical solutions to pharmacies; and provides consulting, outsourcing, and other services. The McKesson Technology Solutions segment delivers enterprise-wide clinical, patient care, financial, supply chain, and strategic management technology solutions; and connectivity, outsourcing, and other services, including remote hosting and managed services to healthcare organizations. This segment’s product portfolio addresses various healthcare clinical and business performance needs ranging from medication safety and information access to revenue cycle management, resource utilization, and physician adoption of electronic health records. This segment serves integrated delivery networks, hospitals, physician practices, home healthcare providers, retail pharmacies, and payers. McKesson Corporation was founded in 1833 and is headquartered in San Francisco, California.

BB&T Corporation (BBT) retreated with the stock falling -0.53% or $-0.25 to close at $46.97 on light trading volume of 3.34M compared its three months average trading volume of 5.44M. The Winston-Salem North Carolina 27101 based company operating under the Regional – Southeast Banks industry has been trending up for the last 52 weeks, with the shares price now 52.03% up for the period and down by -0.11% so far this year. With price target of $48.52 and a 60.6% rebound from 52-week low, BB&T Corporation has plenty of upside potential, making it a hold with a view buy.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Royal Caribbean Cruises Ltd. (RCL) failed to extend gains with the stock declining -1.13% or $-1.08 to close the day at $94.56 on higher than average trading volume of 3.29M shares, compared to its three month average trading volume of 2.06M. The Miami Florida 33132 based company has been outperforming the resorts & casinos companies by 35.939% for last three months and its recent gains have pushed the stock slightly up 15.26% YTD, versus the resorts & casinos industry which is up 7.02% for the same period. The RSI of 75.37 indicates the stock is overbought at the current levels, sell for now.

Royal Caribbean Cruises Ltd. operates as a cruise company. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisières de France, and TUI Cruises brand names. The Royal Caribbean International brand provides cruise itineraries ranging from 2 to 24 nights with options for onboard dining, entertainment, and other onboard activities to various destinations. The Celebrity Cruises brand offers cruise itineraries ranging from 2 to 18 nights to various destinations; and operates onboard upscale ships that offer accommodations, fine dining, personalized services, and spa facilities. The Azamara Club Cruises brand offers cruise itineraries ranging from 3 to 20 nights that serve the up-market segment of the North American, the United Kingdom, and Australian markets. The Pullmantur brand provides cruise itineraries ranging from 2 to 15 nights with food and entertainment options for families and couples. The CDF Croisières de France brand offers seasonal itineraries to the Mediterranean, Europe, and Caribbean markets. The TUI Cruises brand provides onboard activities, services, shore excursions, and menu offerings for the German cruise market. As of December 31, 2015, the company operated 44 ships with itineraries ranging from 2 to 24 nights on approximately 490 destinations worldwide. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.

 

Stocks in Review: Walgreens Boots Alliance, Inc. (WBA), Carnival Corporation (CCL), BB&T Corporation (BBT)

Walgreens Boots Alliance, Inc. (WBA) traded within a range of $81.33 to $82.32 after opening the day at $81.42. The company has seen its stock decrease in value by -0.88% so far this year. The stock was up close to 0.98% on active volume in last trading session and closed at $82.03 per share. After the recent gain, the stock is currently holding -6.78% below its 52 week high of $88 and 16.86% above its 12-month low of $71.5. The shares are down by over -0.84% in the last three months, and the RSI indicator value of 40.93 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics. It also provides specialty pharmacy services; and manages in-store clinics. As of August 31, 2016, this segment operated 8,175 retail stores under the Walgreens and Duane Reade brands in the United States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations. The Retail Pharmacy International segment sells prescription drugs; and health, beauty, toiletry, and other consumer products through its pharmacy-led health and beauty stores, as well as through boots.com. It is also involved in optical practice and related contract manufacturing operations. This segment operated 4,673 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 636 optical practices. The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home healthcare supplies and equipment, as well as provides related services to pharmacies and other healthcare providers. This segment operates in France, the United Kingdom, Germany, Turkey, Spain, the Netherlands, Egypt, Norway, Romania, the Czech Republic, and Lithuania. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

Carnival Corporation (CCL) continued its upward trend with the stock climbing 2.38% or $1.3 to close the day at $55.83 on active trading volume of 5.06M shares, compared to its three month average trading volume of 3.54M. The Miami Florida 33178 based company has been outperforming the resorts & casinos group over the past 52 weeks, with the stock gaining 15.22%, compared to the industry which has advanced 30.35% over the same period. With RSI of 67.2, the stock should still continue to rise and get closer to its one year target estimate of $57.09, making it a hold for now.

Carnival Corporation operates as a leisure travel and cruise company in North America, Europe, Australia, and Asia. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. The company operates 99 cruise ships. It also owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon, which owns and operates 11 hotels or lodges, approximately 300 motor coaches, and 20 glass-domed railcars. In addition, the company is involved in the leasing of cruise ships. It sells its cruises primarily through travel agents and tour operators. Carnival Corporation was incorporated in 1972 and is headquartered in Miami, Florida. Carnival Corporation operates as a subsidiary of Carnival Corporation & Plc.

BB&T Corporation (BBT) gained $1.02 to close the day at a new closing price of $46.98, a 2.22% increase in value from its previous closing price that moved the stock 60.63% above its 52 week low of $29.95. A total of 4.99M shares exchanged hands during the day compared with its three month average trading volume of 5.41M. The stock, which fluctuated between $46.36 and $47.02 during the day, currently situated -1.82% below its 52 week high. The stock is down by -0.7% in the past one month and up by 21.64% over the past three months. With a one year target estimate of $48.26 and RSI of 56.91, the stock still has upside potential, making it a hold for now.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

 

Worth Watching Stocks: CenturyLink, Inc. (CTL), BB&T Corporation (BBT), Range Resources Corporation (RRC)

CenturyLink, Inc. (CTL) saw its value decrease by -0.93% as the stock dropped $-0.24 to finish the day at a closing price of $25.57. The stock was lighter in trading and has fluctuated between $22.86-$33.45 per share for the past year. The shares, which traded within a range of $25.5 to $25.71 during the day, are down by -7.38% in the past three months and down by -13.76% over the past six months. It is currently trading 2.37% above its 20 day moving average and 4.64% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $28.08 a share over the next twelve months. The current relative strength index (RSI) reading is 61.07.The technical indicator lead us to believe there will be no major movement any time soon, hold.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental customers in the United States. It operates through two segments, Business and Consumer. The company offers high-speed Internet services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; multi-protocol label switching, a data networking technology to support real-time voice and video; and private line services for the transmission of data between sites. It also provides Ethernet services, including point-to-point and multi-point equipment configurations that facilitate data transmissions across metropolitan areas and wide area networks (WAN); colocation services that enable its customers to install their own information technology (IT) equipment; and managed hosting services comprising cloud and traditional computing, application management, back-up, storage, and other services. In addition, the company offers video entertainment services and satellite digital television; Voice over Internet Protocol, a real-time, two-way voice communication service; and managed services that consist of network, hosting, cloud, and IT services. Further, it provides local calling, long-distance voice, integrated services digital network, WAN, and switched access services; and data integration, which includes the sale of telecommunications equipment and providing network management, installation, and maintenance of data equipment, and the building of proprietary fiber-optic broadband networks. Additionally, the company leases and subleases space in its office buildings, warehouses, and other properties. As of December 31, 2015, it served approximately 6 million high-speed Internet subscribers and 285 thousand television subscribers; and operated 59 data centers in North America, Europe, and Asia. CenturyLink, Inc. was founded in 1968 and is headquartered in Monroe, Louisiana.

BB&T Corporation (BBT) shares were up in last trading by 1.23% to $45.96. It experienced higher than average volume on day. The stock increased in value by almost 0.88% over the past week and fell -3.04% in the past month. It is currently trading 0.58% above its 50 day moving average and 19.2% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.95% decrease in value from its one year high of $47.85. The RSI indicator value of 48.1, lead us to believe that it is a hold for now.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Range Resources Corporation (RRC) traded within a range of $34.01 to $34.79 after opening the day at $34.35. The company has seen its stock decrease in value by -0.87% so far this year. The stock was down close to -0.23% on active volume in last trading session and closed at $34.06 per share. After the recent fall, the stock is currently holding -27.4% below its 52 week high of $46.96 and 57.37% above its 12-month low of $21.69. The shares are down by over -8.39% in the last three months, and the RSI indicator value of 48.56 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. The company holds interests in developed and undeveloped natural gas and oil leases in the Appalachian region of the United States. It owns and operates 4,462 net producing wells and approximately 905,000 net acres under lease in the Appalachian region; and 444 net producing wells and approximately 308,000 net acres under lease in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of Northern Oklahoma and Kansas, the Permian Basin of West Texas, and Mississippi. The company markets and sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to natural gas processors or users of NGLs; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. As of December 31, 2015, it had proved reserves of 9.9 trillion cubic feet of natural gas equivalents. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.

 

Stocks in Review: BB&T Corporation (BBT), Kate Spade & Company (KATE), Cognizant Technology Solutions Corporation (CTSH)

BB&T Corporation (BBT) traded within a range of $45.15 to $45.75 after opening the day at $45.32. The company has seen its stock decrease in value by -3.45% so far this year. The stock was down close to -0.04% on light volume in last trading session and closed at $45.4 per share. After the recent fall, the stock is currently holding -5.12% below its 52 week high of $47.85 and 55.23% above its 12-month low of $29.95. The shares are up by over 17.43% in the last three months, and the RSI indicator value of 41.63 is neither bullish nor bearish, tempting investors to stay on the sidelines.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Kate Spade & Company (KATE) managed to rebound with the stock climbing 3.6% or $0.64 to close the day at $18.4 on active trading volume of 4.44M shares, compared to its three month average trading volume of 4.03M. The New York New York 10016 based company has been outperforming the textile – apparel clothing group over the past 52 weeks, with the stock gaining 14.86%, compared to the industry which has dropped -6.91% over the same period. With RSI of 60.41, the stock should still continue to rise and get closer to its one year target estimate of $19.87, making it a hold for now.

Kate Spade & Company, together with its subsidiaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group. It offers briefcases, handbags, small leather goods, fashion accessories, jewelry, fragrances, and apparel for men, women, and children; and licensed products, including footwear, swimwear, watches, children’s wear, optics, tabletop products, legwear, electronics cases, furniture, bedding, and stationery. The company markets and sells its products under the AXCESS, KATE SPADE SATURDAY, JACK SPADE, MARVELLA, KATE SPADE, MONET, kate spade new York, and TRIFARI brand names. It also designs, develops, and supplies jewelry for the LIZ CLAIBORNE and MONET brands; licenses LIZ CLAIBORNE NEW YORK and LIZWEAR brands. The company sells its products through wholly-owned specialty retail and outlet stores, specialty retail and upscale department stores, and concession stores and upscale wholesale accounts; and a network of distributors, as well as e-commerce Websites. As of January 2, 2016, it had 104 specialty retail stores and 64 outlet stores in the United States; and 22 specialty retail stores and 13 outlet stores internationally, as well as 54 concessions. The company was formerly known as Fifth & Pacific Companies, Inc. and changed its name to Kate Spade & Company in February 2014. Kate Spade & Company was founded in 1976 and is based in New York, New York.

Cognizant Technology Solutions Corporation (CTSH) dropped $-0.68 to close the day at a new closing price of $56.17, a -1.2% decrease in value from its previous closing price that moved the stock 23.61% above its 52 week low of $45.44. A total of 4.4M shares exchanged hands during the day compared with its three month average trading volume of 6.23M. The stock, which fluctuated between $55.67 and $56.95 during the day, currently situated -11.45% below its 52 week high. The stock is down by -0.44% in the past one month and up by 12.16% over the past three months. With a one year target estimate of $63.88 and RSI of 47.59, the stock still has upside potential, making it a hold for now.

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