3 Stocks to Watch For: Citigroup Inc. (C), Reynolds American Inc. (RAI), AK Steel Holding Corporation (AKS)

Citigroup Inc. (C) saw its value decrease by -1.7% as the stock dropped $-0.99 to finish the day at a closing price of $57.39. The stock was higher in trading and has fluctuated between $34.52-$61.63 per share for the past year. The shares, which traded within a range of $57.1 to $58.28 during the day, are up by 18.48% in the past three months and up by 30.3% over the past six months. It is currently trading -4.58% below its 20 day moving average and -0.09% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $64.31 a share over the next twelve months. The current relative strength index (RSI) reading is 38.95.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

Reynolds American Inc. (RAI) shares were up in last trading by 0.55% to $58. It experienced higher than average volume on day. The stock increased in value by almost 3.92% over the past week and grew 4.22% in the past month. It is currently trading 5.68% above its 50 day moving average and 14.43% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.26% decrease in value from its one year high of $58.15. The RSI indicator value of 77.46, lead us to believe that it may reverse gains in the near term.

Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

AK Steel Holding Corporation (AKS) traded within a range of $9.38 to $10.18 after opening the day at $9.5. The company has seen its stock decrease in value by -1.37% so far this year. The stock was up close to 6.56% on active volume in last trading session and closed at $10.07 per share. After the recent gain, the stock is currently holding -11.59% below its 52 week high of $11.39 and 514.02% above its 12-month low of $1.81. The shares are up by over 117.03% in the last three months, and the RSI indicator value of 49.84 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

 

3 Notable Runners: Citigroup Inc. (C), KeyCorp (KEY), AT&T Inc. (T)

Citigroup Inc. (C) failed to extend gains with the stock declining -2.1% or $-1.25 to close the day at $58.38 on higher than average trading volume of 25.14M shares, compared to its three month average trading volume of 21.2M. The New York New York 10013 based company has been outperforming the money center banks companies by 20.3173% for last three months and its recent gains have offset losses to -1.77% YTD, versus the money center banks industry which is up 3.93% for the same period. The RSI of 43.25 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

KeyCorp (KEY) had a active trading with around 24.98M shares changing hands compared to its three month average trading volume of 15.6M. The stock traded between $17.69 and $18.4 before closing at the price of $17.71 with -4.68% change on the day. The Cleveland Ohio 44114 based company is currently trading 83.94% above its 52 week low of $9.88 and -5.65% below its 52 week high of $18.77. Both the RSI indicator and target price of 42.57 and $19.65 respectively, lead us to believe that it should be put on hold over the coming weeks.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services. As of December 31, 2015, the company operated 966 retail banking branches and 1,257 automated teller machines in 12 states, as well as a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

AT&T Inc. (T) traded within a range of $40.76 to $41.14 after opening the day at $41. The company has seen its stock decrease in value by -2.22% so far this year. The stock was up close to 0.37% on light volume in last trading session and closed at $41.11 per share. After the recent gain, the stock is currently holding -3.35% below its 52 week high of $43.89 and 28.91% above its 12-month low of $33.43. The shares are up by over 6.04% in the last three months, and the RSI indicator value of 55.32 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

 

Stocks in Review: Citigroup Inc. (C), Pfizer Inc. (PFE), Microsoft Corporation (MSFT)

Citigroup Inc. (C) traded within a range of $59.38 to $60.32 after opening the day at $59.45. The company has seen its stock increase in value by 0.34% so far this year. The stock was up close to 0.68% on light volume in last trading session and closed at $59.63 per share. After the recent gain, the stock is currently holding -3.25% below its 52 week high of $61.63 and 74.12% above its 12-month low of $34.52. The shares are up by over 23.43% in the last three months, and the RSI indicator value of 51.79 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

Pfizer Inc. (PFE) continued its downward trend with the stock declining -0.25% or $-0.08 to close the day at $32.52 on light trading volume of 20.27M shares, compared to its three month average trading volume of 26.85M. The New York New York 10017 based company has been outperforming the drug manufacturers – major group over the past 52 weeks, with the stock gaining 8.49%, compared to the industry which has advanced 6.18% over the same period. With RSI of 46.17, the stock should still continue to rise and get closer to its one year target estimate of $37.65, making it a hold for now.

Pfizer Inc. discovers, develops, manufactures, and sells healthcare products worldwide. It operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments. The GIP segment develops and commercializes medicines for various therapeutic areas, including inflammation/immunology, cardiovascular/metabolic, neuroscience/pain, and rare diseases. The VOC segment develops and commercializes vaccines, as well as products for oncology and consumer healthcare. It provides over-the-counter products comprising dietary supplements under the Centrum, Caltrate, and Emergen-C brands; pain management products under the Advil and ThermaCare brands; gastrointestinal products under the Nexium 24HR/Nexium Control and Preparation H brands; and respiratory and personal care products under the brand names of Robitussin, Advil Cold & Sinus, Advil Sinus Congestion Relief & Pain, Dimetapp, and ChapStick. The GEP segment offers products that have lost marketing exclusivity in various markets; and branded generics, generic sterile injectable products, biosimilars, infusion systems, and other products. The company serves wholesalers, retailers, hospitals, clinics, government agencies, pharmacies, and individual provider offices, as well as centers for disease control and prevention. It has licensing agreements with Cellectis SA and AstraZeneca PLC; collaborative agreements with Eli Lilly & Company, OPKO Health, Inc., BioRap Technologies LTD., Merck KGaA, and Transgene S.A.; and a research and development agreement with the National Cancer Institute. The company has a partnership with The University of Pittsburgh; and a strategic collaboration agreement with IGNITE Immunotherapy Inc. It also has a collaboration with AbCellera Biologics Inc. to discover therapeutic antibodies against undisclosed membrane protein targets. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

Microsoft Corporation (MSFT) gained $0.09 to close the day at a new closing price of $62.7, a 0.14% increase in value from its previous closing price that moved the stock 33.68% above its 52 week low of $48.03. A total of 19.37M shares exchanged hands during the day compared with its three month average trading volume of 27.56M. The stock, which fluctuated between $62.35 and $62.87 during the day, currently situated -2.18% below its 52 week high. The stock is down by -0.44% in the past one month and up by 10.9% over the past three months. With a one year target estimate of $66.33 and RSI of 56.74, the stock still has upside potential, making it a hold for now.

Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, and Skype, as well as related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. Its Intelligent Cloud segment licenses server products and cloud services, such as SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products. The company’s More Personal Computing segment comprises Windows OEM, volume, and other non-volume licensing of the Windows operating system, as well as patent licensing, Windows Embedded, MSN display advertising, and Windows Phone licensing system; devices, including Microsoft Surface, phones, and PC accessories; and search advertising, including Bing and Bing Ads. This segment also provides gaming platforms, including Xbox hardware, Xbox Live, video games, and third-party video games. The company markets and distributes its products through original equipment manufacturers (OEM), distributors, and resellers, as well as through online and Microsoft retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.

 

3 Notable Runners: Merck & Co., Inc. (MRK), Immune Pharmaceuticals, Inc. (IMNP), Citigroup Inc. (C)

Merck & Co., Inc. (MRK) continued its upward trend with the stock climbing 0.94% or $0.58 to close the day at $62.21 on higher than average trading volume of 24.83M shares, compared to its three month average trading volume of 11.02M. The Kenilworth New Jersey 07033 based company has been underperforming the drug manufacturers – major companies by 1.6817% for last three months and its recent gains have pushed the stock slightly up 5.67% YTD, versus the drug manufacturers – major industry which is up 0.83% for the same period. The RSI of 59.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Merck & Co., Inc. provides healthcare solutions worldwide. The company offers therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases. It also offers neuromuscular blocking agents; anti-bacterial products; cholesterol modifying medicines; non-sedating antihistamine; and vaginal contraceptive products. In addition, the company offers products to prevent chemotherapy-induced and post-operative nausea and vomiting; treat brain tumors; treat melanoma and metastatic non-small-cell lung cancer; prevent diseases caused by human papillomavirus; and vaccines for measles, mumps, rubella, varicella, chickenpox, shingles, rotavirus gastroenteritis, and pneumococcal diseases. Further, it offers antibiotic and anti-inflammatory drugs to treat infectious and respiratory diseases, fertility disorders, and pneumonia in cattle, horses, and swine; vaccines for poultry; parasiticide for sea lice in salmon; and antibiotics and vaccines for fishes. Additionally, the company offers companion animal products, such as ointments for otitis; diabetes mellitus treatment for dogs and cats; anthelmintic products; chewable tablets to treat fleas and ticks in dogs; and products for protection against bites from fleas, ticks, mosquitoes, and sandflies. It serves drug wholesalers and retailers, hospitals, government agencies and entities, physicians, physician distributors, veterinarians, distributors, animal producers, and managed health care providers. The company has collaboration agreements with Adaptimmune Therapeutics plc and Agenus; and a research agreement with Proteros Biostructures to develop molecule compounds for various cancer treatments. The company was founded in 1891 and is headquartered in Kenilworth, New Jersey.

Immune Pharmaceuticals, Inc. (IMNP) had a light trading with around 23.36M shares changing hands compared to its three month average trading volume of 5.61M. The stock traded between $0.192 and $0.238 before closing at the price of $0.2 with 1.03% change on the day. The New York New York 10016 based company is currently trading 26.37% above its 52 week low of $0.155 and -69.85% below its 52 week high of $0.779. Both the RSI indicator and target price of 52.16 and $3 respectively, lead us to believe that it should be put on hold over the coming weeks.

Immune Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, develops and commercializes novel targeted therapeutics in the immuno-inflammation and immuno-oncology areas. The company’s lead product candidate is Bertilimumab, a human monoclonal antibody, which is in Phase II clinical trial for the treatment of ulcerative colitis, bullous pemphigoid, and Crohn’s disease. It is also developing NanoCyclo, a topical nanocapsule formulation of cyclosporine, for the treatment of psoriasis and atopic dermatitis; Ceplene, a small molecule, which has completed Phase III clinical trials targeting the Histamine-2 Receptor to overcome immunosuppression in Acute Myeloid Leukemia and other malignancies; Azixa, a Phase II clinical trial novel microtubular destabilizer that functions as a vascular disruption agent; and Crolibulin, a novel small molecule vascular disruption agent and apoptosis inducer, which is in Phase II clinical trials for the treatment of patients with solid tumors. The company’s products also include NanomAbs technology platform, an antibody-drug conjugate platform for the treatment of cancer; novel technology platform for the construction of bispecific antibodies for immunotherapies; and AmiKet, a prescription topical analgesic cream, which is in Phase III clinical trial to treat peripheral neuropathies. It has license, and other collaborative research and development arrangements with BioNanoSim Ltd.; Yissum Research Development Company of The Hebrew University of Jerusalem Ltd.; Atlante Biotech SAS; Shire Biochem, Inc.; Lonza Sales AG; MabLife SAS; iCo Therapeutics Inc.; Dalhousie University; and Endo Pharmaceuticals Inc. Immune Pharmaceuticals, Inc. was founded in 2010 and is headquartered in New York, New York.

Citigroup Inc. (C) traded within a range of $58.76 to $59.82 after opening the day at $59.53. The company has seen its stock decrease in value by -0.34% so far this year. The stock was down close to -1.22% on active volume in last trading session and closed at $59.23 per share. After the recent fall, the stock is currently holding -3.89% below its 52 week high of $61.63 and 72.96% above its 12-month low of $34.52. The shares are up by over 22.02% in the last three months, and the RSI indicator value of 50.58 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

 

Momentum Stocks: Micron Technology, Inc. (MU), Wells Fargo & Company (WFC), Citigroup Inc. (C)

Micron Technology, Inc. (MU) grew with the stock adding 1.38% or $0.31 to close at $22.79 on light trading volume of 20.79M compared its three months average trading volume of 25.56M. The Boise Idaho 83716 based company operating under the Semiconductor- Memory Chips industry has been trending up for the last 52 weeks, with the shares price now 79.17% up for the period and up by 3.97% so far this year. With price target of $26.58 and a 144.79% rebound from 52-week low, Micron Technology, Inc. has plenty of upside potential, making it a hold with a view buy.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Wells Fargo & Company (WFC) had a light trading with around 20.75M shares changing hands compared to its three month average trading volume of 26.63M. The stock traded between $53.72 and $54.8 before closing at the price of $54.8 with 0.33% change on the day. The San Francisco California 94104 based company is currently trading 26.88% above its 52 week low of $43.55 and -5.55% below its 52 week high of $58.02. Both the RSI indicator and target price of  and $56.17 respectively, lead us to believe that it could rise over the coming weeks.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of February 25, 2015, it operated through approximately 8,700 locations and 12,500 ATMs & offices in 36 countries. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Citigroup Inc. (C) saw its value decrease by -0.45% as the stock dropped $-0.27 to finish the day at a closing price of $59.96. The stock was lighter in trading and has fluctuated between $34.52-$61.63 per share for the past year. The shares, which traded within a range of $59.24 to $60 during the day, are up by 22.8% in the past three months and up by 39.34% over the past six months. It is currently trading -0.46% below its 20 day moving average and 5.93% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $62.88 a share over the next twelve months. The current relative strength index (RSI) reading is 54.9.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

 

Stocks Roundup: Citigroup Inc. (C), Exxon Mobil Corporation (XOM), Sprint Corporation (S)

Citigroup Inc. (C) grew with the stock adding 0.02% or $0.01 to close at $60.23 on light trading volume of 13.45M compared its three months average trading volume of 21.02M. The New York New York 10013 based company operating under the Money Center Banks industry has been trending up for the last 52 weeks, with the shares price now 29.75% up for the period and up by 1.35% so far this year. With price target of $62.88 and a 75.88% rebound from 52-week low, Citigroup Inc. has plenty of upside potential, making it a hold with a view buy.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

Exxon Mobil Corporation (XOM) had a active trading with around 13.25M shares changing hands compared to its three month average trading volume of 10.56M. The stock traded between $85.91 and $87.31 before closing at the price of $85.93 with -1.28% change on the day. The Irving Texas 75039 based company is currently trading 24.34% above its 52 week low of $71.55 and -8.5% below its 52 week high of $95.55. Both the RSI indicator and target price of  and $88.36 respectively, lead us to believe that it could rise over the coming weeks.

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

Sprint Corporation (S) saw its value increase by 0.69% as the stock gained $0.06 to finish the day at a closing price of $8.76. The stock was lighter in trading and has fluctuated between $2.18-$9 per share for the past year. The shares, which traded within a range of $8.6 to $8.77 during the day, are up by 30.16% in the past three months and up by 81.74% over the past six months. It is currently trading 2.81% above its 20 day moving average and 12.56% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $7.28 a share over the next twelve months. The current relative strength index (RSI) reading is 61.76.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates in two segments, Wireless and Wireline. The Wireless segment offers wireless data communication services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; and mobile entertainment applications. It also provides wireless voice communications services that include local and long-distance wireless voice services, as well as voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. In addition, this segment offers voice and data services internationally through roaming arrangements; and customized wireless services to large companies and government agencies, as well as sells wireless devices, broadband devices, connected devices, and accessories to agents and other third-party distributors. The Wireline segment provides wireline voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol (IP), managed network services, Voice over IP, session initiated protocol, and traditional voice services to other communications companies, and targeted business and consumer subscribers, as well as for cable multiple system operators. Sprint Corporation offers its services under the Sprint, Boost Mobile, Virgin Mobile, and Assurance Wireless brands. The company was founded in 1899 and is headquartered in Overland Park, Kansas. Sprint Corporation is a subsidiary of SoftBank Group Corp.

 

Momentum Stocks: Citigroup Inc. (C), Exxon Mobil Corporation (XOM), The Gap, Inc. (GPS)

Citigroup Inc. (C) grew with the stock adding 0.35% or $0.21 to close at $60.55 on light trading volume of 16.77M compared its three months average trading volume of 21.04M. The New York New York 10013 based company operating under the Money Center Banks industry has been trending up for the last 52 weeks, with the shares price now 28.49% up for the period and up by 1.88% so far this year. With price target of $62.12 and a 76.81% rebound from 52-week low, Citigroup Inc. has plenty of upside potential, making it a hold with a view buy.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

Exxon Mobil Corporation (XOM) had a active trading with around 16.51M shares changing hands compared to its three month average trading volume of 10.3M. The stock traded between $87.82 and $88.98 before closing at the price of $88.5 with -0.06% change on the day. The Irving Texas 75039 based company is currently trading 28.06% above its 52 week low of $71.55 and -5.76% below its 52 week high of $95.55. Both the RSI indicator and target price of  and $88.05 respectively, lead us to believe that it could rise over the coming weeks.

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

The Gap, Inc. (GPS) saw its value increase by 0.39% as the stock gained $0.09 to finish the day at a closing price of $23.34. The stock was higher in trading and has fluctuated between $17-$30.74 per share for the past year. The shares, which traded within a range of $23.16 to $24.46 during the day, are up by 3.51% in the past three months and up by 4.96% over the past six months. It is currently trading -2.67% below its 20 day moving average and -8.45% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $25.62 a share over the next twelve months. The current relative strength index (RSI) reading is 44.48.The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. The company provides apparel, eyewear, jewelry, shoes, handbags, and fragrances; and performance and lifestyle apparel for use in yoga, strength training, and running, as well as seasonal sports, including skiing and tennis. The Gap, Inc. offers its products through company-operated stores, franchise stores, Websites, e-commerce and social media sites, and catalogs. The company has franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, and Old Navy stores in Asia, Australia, Europe, Latin America, the Middle East, and Africa. As of November 17, 2016, it operated 3,300 company-operated stores and 450 franchise stores. The company was founded in 1969 and is headquartered in San Francisco, California.

 

Stocks Buzz: Citigroup Inc. (C), Groupon, Inc. (GRPN), Twitter, Inc. (TWTR)

Citigroup Inc. (C) failed to extend gains with the stock declining -1.74% or $-1.07 to close the day at $60.34 on light trading volume of 18.31M shares, compared to its three month average trading volume of 21.04M. The New York New York 10013 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 21.51%, compared to the industry which has advanced 1.55% over the same period. With RSI of 61.22, the stock should still continue to rise and get closer to its one year target estimate of $62.12, making it a hold for now.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

Groupon, Inc. (GRPN) grew with the stock adding 4.27% or $0.15 to close at $3.66 on active trading volume of 18.09M compared its three months average trading volume of 13.6M. The Chicago Illinois 60654 based company operating under the Internet Information Providers industry has been trending up for the last 52 weeks, with the shares price now 20.79% up for the period and up by 10.24% so far this year. With price target of $5.13 and a 70.23% rebound from 52-week low, Groupon, Inc. has plenty of upside potential, making it a hold with a view buy.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. The company was founded in 2008 and is headquartered in Chicago, Illinois. Groupon, Inc. is a subsidiary of The Point, LLC.

Twitter, Inc. (TWTR) continued its upward trend with the stock climbing 1.36% or $0.23 to close the day at $17.09 on lower than average trading volume of 17.05M shares, compared to its three month average trading volume of 25.88M. The San Francisco California 94103 based company has been underperforming the internet information providers companies by -31.268% for last three months and its recent losses have trimmed gains to 4.85% YTD, versus the internet information providers industry which is up 3.62% for the same period. The RSI of 44.42 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.

 

Stocks Buzz: Verizon Communications Inc. (VZ), Whiting Petroleum Corporation (WLL), Citigroup Inc. (C)

Verizon Communications Inc. (VZ) failed to extend gains with the stock declining -0.11% or $-0.06 to close the day at $54.52 on active trading volume of 18.32M shares, compared to its three month average trading volume of 14.28M. The New York New York 10036 based company has been outperforming the telecom services – domestic group over the past 52 weeks, with the stock gaining 22.53%, compared to the industry which has advanced 24.12% over the same period. With RSI of 73.73, the stock should still continue to rise and get closer to its one year target estimate of $52.55, making it a hold for now.

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

Whiting Petroleum Corporation (WLL) grew with the stock adding 3.64% or $0.46 to close at $13.1 on light trading volume of 17.73M compared its three months average trading volume of 21.31M. The Denver Colorado 80290 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 44.91% up for the period and up by 8.99% so far this year. With price target of $13.16 and a 291.04% rebound from 52-week low, Whiting Petroleum Corporation has plenty of upside potential, making it a hold with a view buy.

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

Citigroup Inc. (C) continued its upward trend with the stock climbing 1.35% or $0.82 to close the day at $61.41 on lower than average trading volume of 16.94M shares, compared to its three month average trading volume of 21.18M. The New York New York 10013 based company has been outperforming the money center banks companies by 28.8639% for last three months and its recent gains have pushed the stock slightly up 3.33% YTD, versus the money center banks industry which is up 4.39% for the same period. The RSI of 68.83 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

 

Stocks To Track: Citigroup Inc. (C), Inotek Pharmaceuticals Corporation (ITEK), Cabot Oil & Gas Corporation (COG)

Citigroup Inc. (C) climbed 1.95% during last trading as the stock added $1.16 to finish the day at $60.59 with about 18.31M shares changing hands, compared to its three month average trading volume of 21.1M. The $172.52B market cap company, which fluctuated between $59.75 and $61.09 during the day, currently situated 76.93% above its 52 week low of $34.52 and -1.16% away from its one year high of $61.3. The RSI of 65.18 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

Inotek Pharmaceuticals Corporation (ITEK) dropped $-4.35 to close the day at a new closing price of $1.75, a -71.31% decrease in value from its previous closing price that moved the stock -69.88% below its 52 week low of $1.65. A total of 18.03M shares exchanged hands during the day compared with its three month average trading volume of 313.21K. The stock, which fluctuated between $1.65 and $2.2 during the day, currently situated -85.28% below its 52 week high. The stock is down by -72.87% in the past one month and down by -81.3% over the past three months. With a one year target estimate of $23.2 and RSI of 16.59, the stock still has upside potential, making it a buy for now.

Inotek Pharmaceuticals Corporation, a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for glaucoma and other diseases of the eye in the United States. The company’s lead product candidate includes Trabodenoson, a monotherapy that is in Phase III clinical trials for lowering IOP by restoring the eye’s natural pressure control mechanism. It is also developing Trabodenoson plus Latanoprost, a fixed-dose combination prostaglandin analogue, which has completed the Phase II clinical trials for IOP-lowering in patients who have previously had inadequate response to latanoprost, as well as Trabodenoson monotherapy that is in pre-clinical studies for the treatment of optic neuropathy and degenerative retinal diseases. The company was founded in 1999 and is headquartered in Lexington, Massachusetts.

Cabot Oil & Gas Corporation (COG) had a light trading with around 17.55M shares changing hands compared to its three month average trading volume of 7.18M. The stock traded between $21.74 and $23.33 before closing at the price of $22.34 with -4.37% change on the day. The Houston Texas 77024 based company is currently trading 50.68% above its 52 week low of $14.88 and -16.37% below its 52 week high of $26.74. Both the RSI indicator and target price of 48.74 and $27.99 respectively, lead us to believe that it should be put on hold over the coming weeks.

Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale in northeast Pennsylvania with approximately 200,000 net acres in the dry gas window of the play; and the Eagle Ford Shale in south Texas with approximately 85,500 net acres in the oil window of the play. It also transports, stores, gathers, and purchases natural gas for resale. The company sells its natural gas to industrial customers, local distribution companies, and gas marketers through gathering systems and pipelines, as well as to intrastate pipelines, natural gas processors, and marketing companies. As of December 31, 2015, it had proved reserves of approximately 8,190 billion cubic feet of natural gas equivalent. The company was founded in 1989 and is headquartered in Houston, Texas.