3 Stocks in Focus: The Kroger Co. (KR), Brookdale Senior Living Inc. (BKD), QUALCOMM Incorporated (QCOM)

The Kroger Co. (KR) climbed 1.36% during last trading as the stock added $0.45 to finish the day at $33.52 with about 6.17M shares changing hands, compared to its three month average trading volume of 8.9M. The $31.54B market cap company, which fluctuated between $32.93 and $33.63 during the day, currently situated 17.19% above its 52 week low of $28.71 and -18.52% away from its one year high of $40.91. The RSI of 44.7 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Brookdale Senior Living Inc. (BKD) gained $0.43 to close the day at a new closing price of $15.89, a 2.78% increase in value from its previous closing price that moved the stock 49.2% above its 52 week low of $10.65. A total of 6.13M shares exchanged hands during the day compared with its three month average trading volume of 4.41M. The stock, which fluctuated between $15.62 and $16.29 during the day, currently situated -18.18% below its 52 week high. The stock is up by 31.65% in the past one month and up by 3.11% over the past three months. With a one year target estimate of $16.14 and RSI of 76.71, the stock still has upside potential, making it a sell for now.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

QUALCOMM Incorporated (QCOM) had a light trading with around 6.11M shares changing hands compared to its three month average trading volume of 8.86M. The stock traded between $65.05 and $66.18 before closing at the price of $66.12 with 0.03% change on the day. The San Diego California 92121 based company is currently trading 62.13% above its 52 week low of $42.24 and -6.96% below its 52 week high of $71.62. Both the RSI indicator and target price of 48.25 and $73.5 respectively, lead us to believe that it should be put on hold over the coming weeks.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Trader’s Buzzers: United States Steel Corporation (X), JPMorgan Chase & Co. (JPM), Brookdale Senior Living Inc. (BKD)

United States Steel Corporation (X) traded within a range of $34.15 to $35.63 after opening the day at $34.9. The company has seen its stock increase in value by 7.54% so far this year. The stock was up close to 5.62% on light volume in last trading session and closed at $35.5 per share. After the recent gain, the stock is currently holding -9.3% below its 52 week high of $39.14 and 485.04% above its 12-month low of $6.15. The shares are up by over 98.25% in the last three months, and the RSI indicator value of 55.18 is neither bullish nor bearish, tempting investors to stay on the sidelines.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

JPMorgan Chase & Co. (JPM) continued its upward trend with the stock climbing 0.29% or $0.25 to close the day at $86.43 on light trading volume of 13.97M shares, compared to its three month average trading volume of 17.42M. The New York New York 10017 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 51.07%, compared to the industry which has advanced 4.53% over the same period. With RSI of 67.83, the stock should still continue to rise and get closer to its one year target estimate of $84.62, making it a hold for now.

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management segments. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans. The Corporate & Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, as well as loan origination and syndication; treasury services, such as cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research services. It also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The Commercial Banking segment offers financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners. The Asset Management segment provides investment and wealth management services across various asset classes, such as equities, fixed income, alternatives, and money market funds; multi-asset investment management services; retirement services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. It has a strategic relationship with InvestCloud for the development of new digital capabilities for individual investors. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Brookdale Senior Living Inc. (BKD) gained $1.95 to close the day at a new closing price of $14.8, a 15.18% increase in value from its previous closing price that moved the stock 38.97% above its 52 week low of $10.65. A total of 13.97M shares exchanged hands during the day compared with its three month average trading volume of 4.11M. The stock, which fluctuated between $12.61 and $15.58 during the day, currently situated -23.79% below its 52 week high. The stock is up by 17.93% in the past one month and down by -8.47% over the past three months. With a one year target estimate of $16.14 and RSI of 70.24, the stock still has upside potential, making it a sell for now.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

 

3 Stocks in Focus: Brookdale Senior Living Inc. (BKD), American Airlines Group Inc. (AAL), Urban Outfitters, Inc. (URBN)

Brookdale Senior Living Inc. (BKD) climbed 1.34% during last trading as the stock added $0.17 to finish the day at $12.85 with about 4.71M shares changing hands, compared to its three month average trading volume of 4.09M. The $2.47B market cap company, which fluctuated between $12.51 and $13.09 during the day, currently situated 20.66% above its 52 week low of $10.65 and -33.83% away from its one year high of $19.42. The RSI of 52.79 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

American Airlines Group Inc. (AAL) gained $0.87 to close the day at a new closing price of $47.08, a 1.88% increase in value from its previous closing price that moved the stock 90.5% above its 52 week low of $24.85. A total of 4.7M shares exchanged hands during the day compared with its three month average trading volume of 7.07M. The stock, currently situated -7.03% below its 52 week high. The stock is down by -3.23% in the past one month and up by 25.1% over the past three months. With a one year target estimate of $53.33 and RSI of 52.59, the stock still has upside potential, making it a hold for now.

American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated a mainline fleet of 946 aircraft. It serves 350 destinations in approximately 50 countries. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1934 and is headquartered in Fort Worth, Texas.

Urban Outfitters, Inc. (URBN) had a active trading with around 4.68M shares changing hands compared to its three month average trading volume of 2.79M. The stock traded at the price of $26.9 with -1.9% change on the day. The Philadelphia Pennsylvania 19112 based company is currently trading 34.1% above its 52 week low of $20.06 and -34.07% below its 52 week high of $40.8. Both the RSI indicator and target price of 31.03 and $36.28 respectively, lead us to believe that it should be put on hold over the coming weeks.

Urban Outfitters, Inc., a lifestyle specialty retail company, engages in the retail and wholesale of general consumer products. It operates through two segments, Retail and Wholesale. The company retails women’s and men’s fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear and gear, and electronics, as well as a mix of apartment wares and gifts for young adults aged 18 to 28 under the Urban Outfitters brand; and assortment, including women’s casual apparel and accessories, intimates, shoes, beauty, home furnishings, and various gifts and decorative items for women aged 28 to 45 under the Anthropologie brand. It also offers a collection of heirloom quality wedding gowns, bridesmaid frocks, party dresses, assorted jewelry, headpieces, footwear, lingerie, and decorations under the Bhldn brand; and lifestyle home and garden products, antiques, live plants, flowers, wellness products, and accessories under the Terrain brand, as well as operates Terrain garden centers that offer full service restaurant and coffee bar services. In addition, the company operates Free People retail stores that provide merchandise mix of casual women’s apparel, intimates, shoes, accessories, activewear, home products, and gifts for women aged 25 to 30. It serves its customers directly through retail stores, Websites, mobile applications, catalogs, and customer contact centers. As of March 7, 2016, the company operated 240 Urban Outfitters stores; and 218 Anthropologie Group stores comprising Anthropologie, Bhldn, and Terrain brands in the United States, Canada, and Europe, as well as 114 Free People stores in the United States and Canada. It also engages in the wholesale business under the Free People brand that designs, develops, and markets young women’s contemporary casual apparel and shoes to approximately 1,800 specialty stores and select department stores worldwide. The company was founded in 1970 and is based in Philadelphia, Pennsylvania.

 

Stocks To Watch: Under Armour, Inc. (UA), Brookdale Senior Living Inc. (BKD), MannKind Corporation (MNKD)

Under Armour, Inc. (UA) traded within a range of $26.41 to $27.07 after opening the day at $26.46. The company has seen its stock increase in value by 7.43% so far this year. The stock was up close to 3.17% on light volume in last trading session and closed at $27.04 per share. After the recent gain, the stock is currently holding -43.61% below its 52 week high of $46.53 and 8.77% above its 12-month low of $23.51. The shares are down by over -28.5% in the last three months, and the RSI indicator value of 49.45 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Under Armour, Inc. together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes. It provides various footwear products, including football, baseball, lacrosse, softball and soccer cleats, slides, performance training, running, basketball, and outdoor footwear. The company also offers accessories, which include headwear, bags, and gloves; and digital fitness platform licenses and subscriptions, as well as digital advertising, as well as licenses its brands. It primarily provides its products under the UA Logo, UNDER ARMOUR, UA, ARMOUR, HEATGEAR, COLDGEAR, ALLSEASONGEAR, PROTECT THIS HOUSE, and I WILL, as well as ARMOURBITE, ARMOURSTORM, ARMOUR FLEECE, and ARMOUR BRA trademarks. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through a network of brand and factory house stores, and Website. Under Armour, Inc. was founded in 1996 and is headquartered in Baltimore, Maryland.

Brookdale Senior Living Inc. (BKD) continued its downward trend with the stock declining -3.28% or $-0.43 to close the day at $12.68 on light trading volume of 3.7M shares, compared to its three month average trading volume of 4.1M. The Brentwood Tennessee 37027 based company has been underperforming the long-term care facilities group over the past 52 weeks, with the stock losing -29.67%, compared to the industry which has advanced 29.25% over the same period. With RSI of 50.65, the stock should still continue to rise and get closer to its one year target estimate of $16.14, making it a hold for now.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

MannKind Corporation (MNKD) gained $0.01 to close the day at a new closing price of $0.67, a 1.41% increase in value from its previous closing price that moved the stock 62.78% above its 52 week low of $0.41. A total of 3.68M shares exchanged hands during the day compared with its three month average trading volume of 5.11M. The stock, which fluctuated between $0.65 and $0.7066 during the day, currently situated -70.21% below its 52 week high. The stock is up by 3.78% in the past one month and up by 6.78% over the past three months. With a one year target estimate of $0 and RSI of 55.38, the stock still has upside potential, making it a hold for now.

MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes patients in the United States. Its approved product is AFREZZA, a rapid-acting, inhaled insulin used to control high blood sugar in adults with type 1 and type 2 diabetes. MannKind Corporation has license and collaboration agreement with Sanofi-Aventis Deutschland GmbH for the development of AFREZZA. The company was founded in 1991 and is headquartered in Valencia, California.

 

Trader Alert: Brookdale Senior Living Inc. (BKD), ConocoPhillips (COP), Square, Inc. (SQ)

Brookdale Senior Living Inc. (BKD) grew with the stock adding 3.52% or $0.45 to close at $13.22 on active trading volume of 4.99M compared its three months average trading volume of 4.01M. The Brentwood Tennessee 37027 based company operating under the Long-Term Care Facilities industry has been trending down for the last 52 weeks, with the shares price now -31.25% down for the period and up by 6.44% so far this year. With price target of $16.14 and a 24.13% rebound from 52-week low, Brookdale Senior Living Inc. has plenty of upside potential, making it a hold with a view buy.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

ConocoPhillips (COP) gained $0.47 to close the day at a new closing price of $51.08, a 0.93% increase in value from its previous closing price that moved the stock 67.41% above its 52 week low of $31.05. A total of 4.99M shares exchanged hands during the day compared with its three month average trading volume of 7.82M. The stock, which fluctuated between $50.32 and $51.1 during the day, currently situated -3.93% below its 52 week high. The stock is up by 6.15% in the past one month and up by 19.84% over the past three months. With a one year target estimate of $55.5 and RSI of 59.55, the stock still has upside potential, making it a hold for now.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio includes resource-rich North American tight oil and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and an inventory of conventional and unconventional exploration prospects. The company was founded in 1917 and is headquartered in Houston, Texas.

Square, Inc. (SQ) shares were up in last trading by 3.19% to $14.25. It experienced higher than average volume on day. The stock increased in value by almost 1.79% over the past week and grew 9.11% in the past month. It is currently trading 11.49% above its 50 day moving average and 22.31% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -10.43% decrease in value from its one year high of $15.91. The RSI indicator value of 62.25, lead us to believe that it is a hold for now.

Square, Inc. develops and provides payment processing, point-of-sale (POS), financial, and marketing services worldwide. It provides Square Register, a POS software application for iOS and Android, which enables sellers across a range of business types to itemize products or services for faster checkout; Square Analytics that shows its sellers how their businesses are performing; Instant Deposit service that sends funds from a sale immediately to a seller’s bank account; and Square Reader for magnetic stripe cards, EMV chip cards, and NFC, which connects wirelessly to mobile devices. The company also offers Square Stand that transforms an iPad into a POS terminal; Square Invoices and Square Online Store for processing payments; Square Cash, a peer-to-peer payments service; and Square Appointments, a POS services. In addition, its products include gift cards, employee management, payroll, and other software and data services. Further, the company provides Square Capital, a financial service product, which provides merchant cash advances to pre-qualified sellers; Square Customer Engagement, a marketing service product; and Caviar, a food delivery service. The company’s customers include retail, services, food, and leisure industries. It serves sellers of various sizes, ranging from a single vendor at a farmers’ market to multinational businesses. Square, Inc. was founded in 2009 and is headquartered in San Francisco, California.

 

Stocks Roundup: Brookdale Senior Living Inc. (BKD), L Brands, Inc. (LB), Provectus Biopharmaceuticals, Inc. (PVCT)

Brookdale Senior Living Inc. (BKD) grew with the stock adding 2.82% or $0.35 to close at $12.77 on light trading volume of 2.82M compared its three months average trading volume of 4.01M. The Brentwood Tennessee 37027 based company operating under the Long-Term Care Facilities industry has been trending down for the last 52 weeks, with the shares price now -33.83% down for the period and up by 2.82% so far this year. With price target of $16.14 and a 19.91% rebound from 52-week low, Brookdale Senior Living Inc. has plenty of upside potential, making it a hold with a view buy.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

L Brands, Inc. (LB) had a active trading with around 2.81M shares changing hands compared to its three month average trading volume of 2.1M. The stock traded between $65.36 and $67 before closing at the price of $66.58 with 1.12% change on the day. The Columbus Ohio 43230 based company is currently trading 13.85% above its 52 week low of $60 and -27.6% below its 52 week high of $97.39. Both the RSI indicator and target price of  and $72.36 respectively, lead us to believe that it could rise over the coming weeks.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Provectus Biopharmaceuticals, Inc. (PVCT) saw its value decrease by -2.04% as the stock dropped $0 to finish the day at a closing price of $0.02. The stock was lighter in trading and has fluctuated between $0.011-$0.5379 per share for the past year. The shares are down by -79.9% in the past three months and down by -94.59% over the past six months. It is currently trading 27.58% above its 20 day moving average and -42.91% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $3.5 a share over the next twelve months. The current relative strength index (RSI) reading is 44.3.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Provectus Biopharmaceuticals, Inc., a biopharmaceutical company, engages in developing ethical pharmaceuticals for oncology and dermatology indications. Its prescription drug candidates includes PV-10, which is in Phase III study for cutaneous melanoma; completed Phase II study for metastatic melanoma; completed Phase I study for liver and breast cancers; and phase 1b/2 study for pembrolizumab. The company is also developing PH-10 that has completed Phase II randomized study for the treatment of psoriasis and atopic dermatitis. In addition, it develops PH-10 for the treatment of actinic keratosis and severe acne vulgaris. Further, the company is developing over-the-counter pharmaceuticals, including GloveAid, a hand cream with antiperspirant and antibacterial properties; Pure-ific line of products to prevent the spread of germs on skin; and Pure-Stick and Pure N Clear acne products. Additionally, it develops medical device technologies for markets comprising cosmetic treatments, such as reduction of wrinkles and elimination of spider veins, and other cosmetic blemishes; and therapeutic uses, including photoactivation of PH-10, other prescription drugs, and non-surgical destruction of various skin cancers. The company was formerly known as Provectus Pharmaceuticals, Inc. and changed its name to Provectus Biopharmaceuticals, Inc. in December 2013. Provectus Biopharmaceuticals, Inc. was founded in 2002 and is based in Knoxville, Tennessee.

 

3 Notable Runners: Brookdale Senior Living Inc. (BKD), Superior Energy Services, Inc. (SPN), DiamondRock Hospitality Company (DRH)

Brookdale Senior Living Inc. (BKD) continued its downward trend with the stock declining -1.58% or $-0.2 to close the day at $12.42 on lower than average trading volume of 2.15M shares, compared to its three month average trading volume of 4.01M. The Brentwood Tennessee 37027 based company has been outperforming the long-term care facilities companies by -29.2358% for last three months and its recent losses have pulled the stock down -32.72% YTD, versus the long-term care facilities industry which is up 23.47% for the same period. The RSI of 50.6 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

Superior Energy Services, Inc. (SPN) had a light trading with around 2.15M shares changing hands compared to its three month average trading volume of 3.4M. The stock traded between $16.63 and $17.02 before closing at the price of $16.88 with 0.6% change on the day. The Houston Texas 77002 based company is currently trading 104.63% above its 52 week low of $8.25 and -14.88% below its 52 week high of $19.83. Both the RSI indicator and target price of 53.05 and $19.02 respectively, lead us to believe that it should be put on hold over the coming weeks.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

DiamondRock Hospitality Company (DRH) traded within a range of $11.32 to $11.54 after opening the day at $11.46. The company has seen its stock increase in value by 25.94% so far this year. The stock was up close to 0.52% on light volume in last trading session and closed at $11.53 per share. After the recent gain, the stock is currently holding 0.4% above its 52 week high of $11.61 and 66.94% above its 12-month low of $7.28. The shares are up by over 28.1% in the last three months, and the RSI indicator value of 73.79 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America. The company operates its hotels under the Hilton, Marriott, and Westin brand names in New York, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the United States Virgin Islands and Colorado. As of December 16, 2011, it owned 26 hotels with approximately 12000 rooms. The company qualifies as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2004 and is based in Bethesda, Maryland.

 

Stocks Buzz: Brookdale Senior Living Inc. (BKD), Parsley Energy, Inc. (PE), GameStop Corp. (GME)

Brookdale Senior Living Inc. (BKD) continued its downward trend with the stock declining -1.33% or $-0.17 to close the day at $12.62 on light trading volume of 1.72M shares, compared to its three month average trading volume of 4.02M. The Brentwood Tennessee 37027 based company has been underperforming the long-term care facilities group over the past 52 weeks, with the stock losing -31.41%, compared to the industry which has advanced 24.57% over the same period. With RSI of 48.62, the stock should still continue to rise and get closer to its one year target estimate of $16.14, making it a hold for now.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

Parsley Energy, Inc. (PE) retreated with the stock falling -0.79% or $-0.28 to close at $35.38 on light trading volume of 1.72M compared its three months average trading volume of 3.15M. The Austin Texas 78701 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 100.34% up for the period and up by 91.76% so far this year. With price target of $43.52 and a 143.83% rebound from 52-week low, Parsley Energy, Inc. has plenty of upside potential, making it a hold with a view buy.

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico. As of December 31, 2015, its acreage position consisted of 110,967 net acres, including 84,441 net acres in the Midland Basin and 26,526 net acres in the Delaware Basin; and estimated proved oil and natural gas reserves were 123.8 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

GameStop Corp. (GME) managed to rebound with the stock climbing 0.28% or $0.07 to close the day at $25.34 on lower than average trading volume of 1.71M shares, compared to its three month average trading volume of 2.61M. The Grapevine Texas 76051 based company has been outperforming the electronics stores companies by -5.3619% for last three months and its recent losses have pulled the stock down -4.77% YTD, versus the electronics stores industry which is up 31.2% for the same period. The RSI of 50.92 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

 

Trader’s Buzzers: International Business Machines Corporation (IBM), Brookdale Senior Living Inc. (BKD), Olin Corporation (OLN)

International Business Machines Corporation (IBM) traded within a range of $166 to $167.74 after opening the day at $167.29. The company has seen its stock increase in value by 25.36% so far this year. The stock was down close to -0.57% on light volume in last trading session and closed at $166.19 per share. After the recent fall, the stock is currently holding -2.21% below its 52 week high of $169.95 and 46.21% above its 12-month low of $116.9. The shares are up by over 5.94% in the last three months, and the RSI indicator value of 59.72 is neither bullish nor bearish, tempting investors to stay on the sidelines.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure services, such as IT outsourcing, integrated technology, cloud, and technology support services. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and analytics; application management, maintenance, and support services; and processing platforms and business process outsourcing services. The company’s Software segment provides middleware and operating systems software, including WebSphere software to integrate and manage business processes; information management software that enables clients to integrate, manage, and analyze data from various sources; Tivoli software that manages business infrastructure in real time; Workforce Solutions, which enables businesses to connect people and processes; and Rational software that supports software development. This segment also provides Watson software to interact in natural language, process big data, and learn from interactions with people and computers; Watson Health that offers data analytics and insights of individual health; and Watson Internet of Things that allows direct sensing and communication of data. Its Systems Hardware segment offers infrastructure technologies, such as servers for businesses, organizations, and technical computing applications; and data storage products and solutions. The company’s Global Financing segment provides lease and loan financing; commercial financing to suppliers, distributors, and remarketers; and remanufacturing and remarketing services. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. The company was founded in 1910 and is headquartered in Armonk, New York.

Brookdale Senior Living Inc. (BKD) continued its downward trend with the stock declining -1.46% or $-0.19 to close the day at $12.79 on light trading volume of 1.72M shares, compared to its three month average trading volume of 4.02M. The Brentwood Tennessee 37027 based company has been underperforming the long-term care facilities group over the past 52 weeks, with the stock losing -30.94%, compared to the industry which has advanced 24.87% over the same period. With RSI of 50.84, the stock should still continue to rise and get closer to its one year target estimate of $16.14, making it a hold for now.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

Olin Corporation (OLN) dropped $-0.21 to close the day at a new closing price of $25.87, a -0.81% decrease in value from its previous closing price that moved the stock 116.43% above its 52 week low of $12.29. A total of 1.72M shares exchanged hands during the day compared with its three month average trading volume of 2.33M. The stock, which fluctuated between $25.84 and $26.4 during the day, currently situated -3.94% below its 52 week high. The stock is up by 2.01% in the past one month and up by 32.03% over the past three months. With a one year target estimate of $26.1 and RSI of 57.11, the stock still has upside potential, making it a hold for now.

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

 

3 Stocks in Focus: Brookdale Senior Living Inc. (BKD), Range Resources Corporation (RRC), The Boeing Company (BA)

Brookdale Senior Living Inc. (BKD) climbed 2.03% during last trading as the stock added $0.26 to finish the day at $13.05 with about 2.14M shares changing hands, compared to its three month average trading volume of 3.97M. The $2.43B market cap company, which fluctuated between $12.75 and $13.1 during the day, currently situated 22.54% above its 52 week low of $10.65 and -33.79% away from its one year high of $19.71. The RSI of 54.28 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Continuing Care Retirement Centers (CCRCs) – Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens. The Assisted Living segment owns or leases communities consisting of freestanding, multi-story communities, and freestanding single story communities, which offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. This segment also operates memory care communities for residents with Alzheimer’s disease and other dementias. The CCRCs – Rental segment owns or leases communities that offer various living arrangements and services to accommodate various levels of physical ability and health. The Brookdale Ancillary Services segment provides outpatient therapy, home health, and hospice services to residents of its communities, as well as to other senior living communities. The Management Services segment operates communities under the management agreements. As of December 31, 2015, the company operated 130 retirement center communities with 24,486 units; 915 assisted living communities with 62,567 units; and 78 CCRCs with 21,367 units, as well as owned or leased 959 communities with 81,067 units and provided management services with respect to 164 communities with 27,353 units for third parties or unconsolidated ventures. Brookdale Senior Living Inc. is headquartered in Brentwood, Tennessee.

Range Resources Corporation (RRC) gained $0.48 to close the day at a new closing price of $34.7, a 1.4% increase in value from its previous closing price that moved the stock 81.03% above its 52 week low of $19.21. A total of 2.14M shares exchanged hands during the day compared with its three month average trading volume of 4.58M. The stock, which fluctuated between $34.07 and $34.92 during the day, currently situated -26.03% below its 52 week high. The stock is down by -5.6% in the past one month and down by -9.89% over the past three months. With a one year target estimate of $47.51 and RSI of 46.13, the stock still has upside potential, making it a hold for now.

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.

The Boeing Company (BA) had a light trading with around 2.13M shares changing hands compared to its three month average trading volume of 3.43M. The stock traded between $156.51 and $158.27 before closing at the price of $157.81 with 0.22% change on the day. The Chicago Illinois 60606 based company is currently trading 58.32% above its 52 week low of $102.1 and -1.41% below its 52 week high of $160.07. Both the RSI indicator and target price of 69.25 and $156.5 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, as well as provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment is involved in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for the global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment engages in the research, development, production, and modification of electronics and information solutions; strategic missile and defense systems; space and intelligence systems; and space exploration products. The Global Services and Support segment offers integrated logistics, including supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services, such as pilot and maintenance training. The Boeing Capital segment facilitates, arranges, structures, and provides financing solutions, such as equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The Boeing Company was founded in 1916 and is headquartered in Chicago, Illinois.