Stocks Trend Analysis: Cliffs Natural Resources Inc. (CLF), Chesapeake Energy Corporation (CHK), AK Steel Holding Corporation (AKS)

Cliffs Natural Resources Inc. (CLF) continued its upward trend with the stock climbing 19.43% or $1.85 to close the day at $11.37 on active trading volume of 90.94M shares, compared to its three month average trading volume of 14.71M. The Cleveland Ohio 44114 based company has been outperforming the industrial metals & minerals group over the past 52 weeks, with the stock gaining 535.2%, compared to the industry which has advanced 107.59% over the same period. With RSI of 71.08, the stock should still continue to rise and get closer to its one year target estimate of $8, making it a hold for now.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. Cliffs Natural Resources Inc. sells its iron products to integrated steel companies and steel producers in the United States, China, Canada, and internationally. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Chesapeake Energy Corporation (CHK) grew with the stock adding 3.1% or $0.19 to close at $6.31 on light trading volume of 31.51M compared its three months average trading volume of 47.65M. The Oklahoma City Oklahoma 73118 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 271.18% up for the period and down by -10.11% so far this year. With price target of $7.65 and a 312.42% rebound from 52-week low, Chesapeake Energy Corporation has plenty of upside potential, making it a hold with a view buy.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

AK Steel Holding Corporation (AKS) continued its upward trend with the stock climbing 7.71% or $0.62 to close the day at $8.66 on higher than average trading volume of 30.58M shares, compared to its three month average trading volume of 23.03M. The West Chester Ohio 45069 based company has been outperforming the steel & iron companies by 42.4676% for last three months and its recent gains have offset losses to -15.18% YTD, versus the steel & iron industry which is up 7.72% for the same period. The RSI of 46.4 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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 Stocks in Focus: Chesapeake Energy Corporation (CHK), MYOS RENS Technology Inc. (MYOS), FireEye, Inc. (FEYE)

Chesapeake Energy Corporation (CHK) climbed 1.86% during last trading as the stock added $0.12 to finish the day at $6.57 with about 27.97M shares changing hands, compared to its three month average trading volume of 48.54M. The $5.72B market cap company, which fluctuated between $6.38 and $6.59 during the day, currently situated 338% above its 52 week low of $1.5 and -19.88% away from its one year high of $8.2. The RSI of 40.5 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

MYOS RENS Technology Inc. (MYOS) gained $0.99 to close the day at a new closing price of $3.65, a 37.22% increase in value from its previous closing price that moved the stock 257.84% above its 52 week low of $1.02. A total of 25.51M shares exchanged hands during the day compared with its three month average trading volume of 445.22K. The stock, which fluctuated between $2.61 and $6 during the day, currently situated -47.71% below its 52 week high. The stock is up by 217.39% in the past one month and up by 143.33% over the past three months. With a one year target estimate of $0 and RSI of 59.54, the stock still has upside potential, making it a hold for now.

MYOS RENS Technology Inc., a bionutrition and biotherapeutics company, focuses on the discovery, development, and commercialization of nutritional and therapeutic products for maintaining and improving the health and performance of muscle tissue. The company primarily focuses on developing the products that improve muscle health and function essential to the management of sarcopenia, cachexia, and degenerative muscle diseases, and as an adjunct to the treatment of obesity. Its products include Fortetropin, a dietary supplement that has been shown in clinical studies to temporarily decrease the levels of serum myostatin; and MYO-T12, a proprietary formula containing Fortetropin and other ingredients for the sports nutrition market. The company was formerly known as MYOS Corporation and changed its name to MYOS RENS Technology Inc. in March 2016. MYOS RENS Technology Inc. was founded in 2007 and is based in Cedar Knolls, New Jersey.

FireEye, Inc. (FEYE) had a light trading with around 24.76M shares changing hands compared to its three month average trading volume of 4.53M. The stock traded between $10.6 and $11.15 before closing at the price of $10.93 with -15.73% change on the day. The Milpitas California 95035 based company is currently trading 0.55% above its 52 week low of $10.6 and -44.32% below its 52 week high of $19.63. Both the RSI indicator and target price of 30.53 and $16.58 respectively, lead us to believe that it should be put on hold over the coming weeks.

FireEye, Inc. provides cybersecurity solutions for detecting, preventing, analyzing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information. It also offers Central Management System that provides cross-enterprise threat data correlation to identify and block attacks across multiple attack vectors; and Threat Analytics Platform to identify and respond to cyber threats by correlating enterprise-generated security event data from any security product with real-time threat intelligence, as well as Malware Analysis System to manually execute and inspect advanced malware, zero-day, and other advanced cyber-attacks embedded in files, email attachments, and Web objects. In addition, the company offers Network Forensics Platform that helps in detecting threats and view specific packets and sessions before, during, and after the attack to confirm what may have triggered a malware download or callback; Investigation Analysis System, a centralized analytical interface to the Network Forensics Platform; and Mandiant Intelligent Response that enables remote investigation of endpoints and allows security teams to collect targeted forensic data to identify attacker behavior, tools, and techniques. Further, it provides cloud-based subscription services; Security-as-a-Service; and incident response, compromise assessments, and related consulting, as well as training and professional, and customer support and maintenance services. FireEye, Inc. provides its products and services through distributors, resellers, and strategic partners in the United States, the Asia Pacific, Japan, Europe, the Middle East, Africa, and others. The company was formerly known as NetForts, Inc. and changed its name to FireEye, Inc. in September 2005. FireEye, Inc. was founded in 2004 and is headquartered in Milpitas, California.

 

Stocks Trend Analysis: Rite Aid Corporation (RAD), Chesapeake Energy Corporation (CHK), AK Steel Holding Corporation (AKS)

Rite Aid Corporation (RAD) continued its downward trend with the stock declining -6.23% or $-0.35 to close the day at $5.27 on active trading volume of 51.09M shares, compared to its three month average trading volume of 22.82M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -33.04%, compared to the industry which has advanced 0.95% over the same period. With RSI of 15.96, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Chesapeake Energy Corporation (CHK) retreated with the stock falling -0.78% or $-0.05 to close at $6.4 on light trading volume of 33.96M compared its three months average trading volume of 49.2M. The Oklahoma City Oklahoma 73118 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 114.05% up for the period and down by -8.83% so far this year. With price target of $7.65 and a 326.67% rebound from 52-week low, Chesapeake Energy Corporation has plenty of upside potential, making it a hold with a view buy.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

AK Steel Holding Corporation (AKS) continued its downward trend with the stock declining -3.59% or $-0.29 to close the day at $7.79 on higher than average trading volume of 30.83M shares, compared to its three month average trading volume of 23.18M. The West Chester Ohio 45069 based company has been outperforming the steel & iron companies by 49.63% for last three months and its recent gains have offset losses to -23.7% YTD, versus the steel & iron industry which is up 3.28% for the same period. The RSI of 30.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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.

 

Stocks Trend Analysis: Rite Aid Corporation (RAD), Chesapeake Energy Corporation (CHK), Fitbit, Inc. (FIT)

Rite Aid Corporation (RAD) failed to extend gains with the stock declining -17.46% or $-1.21 to close the day at $5.72 on light trading volume of 112.64M shares, compared to its three month average trading volume of 20.79M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -26.57%, compared to the industry which has advanced 0.06% over the same period. With RSI of 17.99, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Chesapeake Energy Corporation (CHK) retreated with the stock falling -6.65% or $-0.46 to close at $6.46 on active trading volume of 56.72M compared its three months average trading volume of 49.18M. The Oklahoma City Oklahoma 73118 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 90.56% up for the period and down by -7.98% so far this year. With price target of $7.65 and a 330.67% rebound from 52-week low, Chesapeake Energy Corporation has plenty of upside potential, making it a hold with a view buy.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Fitbit, Inc. (FIT) continued its downward trend with the stock declining -15.95% or $-1.15 to close the day at $6.06 on higher than average trading volume of 48.03M shares, compared to its three month average trading volume of 12.14M. The San Francisco California 94105 based company has been outperforming the scientific & technical instruments companies by -56.1497% for last three months and its recent losses have pulled the stock down -17.21% YTD, versus the scientific & technical instruments industry which is up 2.46% for the same period. The RSI of 24.91 indicates the stock is oversold at the current levels, buy for now.

Fitbit, Inc. provides wearable health and fitness tracking devices. It offers various products, including Fitbit Zip, an entry-level wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, an activity and sleep wristband, which tracks steps, distance, calories burned, active minutes, floors climbed, and sleep. The company also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the user’s phone and SmartTrack automatic exercise recognition; and Fitbit Charge HR, a wireless heart rate and activity wristband. In addition, it offers Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and provides run cues; Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch; Aria, a Wi-Fi connected scale that tracks weight, body fat percentage, and body mass index; and Fitbit accessories that include bands and frames for Fitbit Blaze, bands for Fitbit Alta, colored bands for Fitbit Flex, colored clips for Fitbit One and Fitbit Zip, device charging cables, wireless sync dongles, band clasps, sleep bands, and Fitbit apparel. The company offers its products through consumer electronics and specialty retailers, e-Commerce retailers, sporting goods and outdoors retailers, and wireless carriers; and corporate wellness channels, as well as directly worldwide. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

 

Trader’s Buzzers: Advanced Micro Devices, Inc. (AMD), Chesapeake Energy Corporation (CHK), AK Steel Holding Corporation (AKS)

Advanced Micro Devices, Inc. (AMD) traded within a range of $10.52 to $10.73 after opening the day at $10.6. The company has seen its stock decrease in value by -5.91% so far this year. The stock was up close to 1.43% on light volume in last trading session and closed at $10.67 per share. After the recent gain, the stock is currently holding -14.09% below its 52 week high of $12.42 and 489.5% above its 12-month low of $1.81. The shares are up by over 46.36% in the last three months, and the RSI indicator value of 54.16 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

Chesapeake Energy Corporation (CHK) continued its downward trend with the stock declining -2.81% or $-0.2 to close the day at $6.92 on light trading volume of 30.45M shares, compared to its three month average trading volume of 49.63M. The Oklahoma City Oklahoma 73118 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 118.99%, compared to the industry which has advanced 44.7% over the same period. With RSI of 50.59, the stock should still continue to rise and get closer to its one year target estimate of $7.65, making it a hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

AK Steel Holding Corporation (AKS) dropped $-0.12 to close the day at a new closing price of $8.07, a -1.47% decrease in value from its previous closing price that moved the stock 336.22% above its 52 week low of $1.93. A total of 23.86M shares exchanged hands during the day compared with its three month average trading volume of 24.85M. The stock, which fluctuated between $7.93 and $8.23 during the day, currently situated -29.15% below its 52 week high. The stock is down by -24.86% in the past one month and up by 46.73% over the past three months. With a one year target estimate of $9.66 and RSI of 31.96, the stock still has upside potential, making it a hold for now.

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 Stocks in Focus: Advanced Micro Devices, Inc. (AMD), Chesapeake Energy Corporation (CHK), United States Steel Corporation (X)

Advanced Micro Devices, Inc. (AMD) climbed 1.64% during last trading as the stock added $0.17 to finish the day at $10.52 with about 35.76M shares changing hands, compared to its three month average trading volume of 49.39M. The $9.77B market cap company, which fluctuated between $10.3 and $10.66 during the day, currently situated 481.22% above its 52 week low of $1.81 and -15.3% away from its one year high of $12.42. The RSI of 51.55 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

Chesapeake Energy Corporation (CHK) dropped $-0.01 to close the day at a new closing price of $7.12, a -0.14% decrease in value from its previous closing price that moved the stock 374.67% above its 52 week low of $1.5. A total of 31.67M shares exchanged hands during the day compared with its three month average trading volume of 50.02M. The stock, which fluctuated between $7.07 and $7.29 during the day, currently situated -13.17% below its 52 week high. The stock is down by -4.3% in the past one month and up by 16.53% over the past three months. With a one year target estimate of $7.67 and RSI of 55.85, the stock still has upside potential, making it a hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

United States Steel Corporation (X) had a active trading with around 21.2M shares changing hands compared to its three month average trading volume of 18.79M. The stock traded between $32.05 and $33.71 before closing at the price of $33.54 with 4.32% change on the day. The Pittsburgh Pennsylvania 15219 based company is currently trading 452.74% above its 52 week low of $6.57 and -14.31% below its 52 week high of $39.14. Both the RSI indicator and target price of 48.74 and $33.47 respectively, lead us to believe that it should be put on hold over the coming weeks.

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.

 

Stocks Under Consideration: Advanced Micro Devices, Inc. (AMD), AK Steel Holding Corporation (AKS), Chesapeake Energy Corporation (CHK)

Advanced Micro Devices, Inc. (AMD) retreated with the stock falling -0.86% or $-0.09 to close at $10.35 on active trading volume of 61.78M compared its three months average trading volume of 49.67M. The Sunnyvale California 94088 based company operating under the Semiconductor – Broad Line industry has been trending up for the last 52 weeks, with the shares price now 400% up for the period and down by -8.73% so far this year. With price target of $9.35 and a 471.82% rebound from 52-week low, Advanced Micro Devices, Inc. has plenty of upside potential, making it a hold with a view buy.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

AK Steel Holding Corporation (AKS) had a active trading with around 51.5M shares changing hands compared to its three month average trading volume of 23.98M. The stock traded between $7.98 and $8.48 before closing at the price of $8.26 with -4.84% change on the day. The West Chester Ohio 45069 based company is currently trading 356.35% above its 52 week low of $1.88 and -27.48% below its 52 week high of $11.39. Both the RSI indicator and target price of  and $10.32 respectively, lead us to believe that it could rise over the coming weeks.

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.

Chesapeake Energy Corporation (CHK) saw its value increase by 3.18% as the stock gained $0.22 to finish the day at a closing price of $7.13. The stock was lighter in trading and has fluctuated between $1.5-$8.2 per share for the past year. The shares, which traded within a range of $7.01 to $7.26 during the day, are up by 12.11% in the past three months and up by 33.27% over the past six months. It is currently trading 1.86% above its 20 day moving average and 3.71% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $7.67 a share over the next twelve months. The current relative strength index (RSI) reading is 55.91.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

 

3 Stocks to Watch For: QUALCOMM Incorporated (QCOM), Chesapeake Energy Corporation (CHK), Intel Corporation (INTC)

QUALCOMM Incorporated (QCOM) saw its value increase by 0.22% as the stock gained $0.12 to finish the day at a closing price of $55. The stock was higher in trading and has fluctuated between $42.24-$71.62 per share for the past year. The shares, which traded within a range of $54.7 to $55.77 during the day, are down by -18.4% in the past three months and down by -7.95% over the past six months. It is currently trading -15.5% below its 20 day moving average and -17.01% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $73.63 a share over the next twelve months. The current relative strength index (RSI) reading is 19.09.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

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.

Chesapeake Energy Corporation (CHK) shares were up in last trading by 3.44% to $6.91. It experienced lighter than average volume on day. The stock decreased in value by almost -1.43% over the past week and fell -7% in the past month. It is currently trading 0.84% above its 50 day moving average and 18.54% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.73% decrease in value from its one year high of $8.2. The RSI indicator value of 50.27, lead us to believe that it is a hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Intel Corporation (INTC) traded within a range of $36.81 to $37.74 after opening the day at $36.84. The company has seen its stock increase in value by 3.72% so far this year. The stock was up close to 2.31% on active volume in last trading session and closed at $37.62 per share. After the recent gain, the stock is currently holding -1.19% below its 52 week high of $38.36 and 39.17% above its 12-month low of $27.68. The shares are up by over 7.84% in the last three months, and the RSI indicator value of 64.45 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services, and All Other segments. The company’s platforms are used in various computing applications comprising notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, retail devices, and manufacturing devices, as well as for retail, transportation, industrial, buildings, home use, and other market segments. It offers microprocessors that processes system data and controls other devices in the system; chipsets, which send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives; and system-on-chip products that integrate its central processing units with other system components onto a single chip. The company also provides communication and connectivity offerings, such as baseband processors, radio frequency transceivers, and power management integrated circuits; and tablet, phone, and Internet of Things solutions, which include multimode 4G LTE modems, Bluetooth technology and GPS receivers, software solutions, and interoperability tests, as well as home gateway and set-top box components. In addition, it offers security solutions for computers, mobile devices, and networks, as well as software and services for technology integration; NAND flash memory products, which are used in solid-state drives; and custom foundry services, including custom silicon, packaging, and manufacturing test services. The company sells its products primarily to original equipment manufacturers, original design manufacturers, and industrial and communications equipment manufacturers in the computing and communications industries. Intel Corporation was founded in 1968 and is based in Santa Clara, California.

 

3 Stocks in Focus: Rite Aid Corporation (RAD), Ford Motor Company (F), Chesapeake Energy Corporation (CHK)

Rite Aid Corporation (RAD) fell -7.51% during last trading as the stock lost $-0.56 to finish the day at $6.9 with about 46.05M shares changing hands, compared to its three month average trading volume of 17.61M. The $8.37B market cap company, which fluctuated between $6.88 and $7.45 during the day, currently situated 9% above its 52 week low of $6.33 and -21.32% away from its one year high of $8.77. The RSI of 24.17 indicates the stock is oversold at the current levels, buy for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Ford Motor Company (F) dropped $-0.05 to close the day at a new closing price of $12.31, a -0.4% decrease in value from its previous closing price that moved the stock 17.46% above its 52 week low of $11.02. A total of 31.53M shares exchanged hands during the day compared with its three month average trading volume of 36.92M. The stock, which fluctuated between $12.22 and $12.38 during the day, currently situated -9.96% below its 52 week high. The stock is down by -2.13% in the past one month and up by 5.8% over the past three months. With a one year target estimate of $12.83 and RSI of 50.16, the stock still has upside potential, making it a hold for now.

Ford Motor Company, together with its subsidiaries, designs, manufactures, markets, finances, and services automobiles. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services passenger cars, trucks, SUVs, light commercial vehicles, trucks, vans, and electrified vehicles, as well as offers parts and accessories. It offers vehicles primarily under the Ford and Lincoln brand names. This sector markets and sells its products through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments. The Financial Services sector offers various automotive financing products to and through automotive dealers. It provides financing products, including retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, government entities, daily rental car companies, leasing companies, and fleet customers. This sector also offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and improvement of dealership facilities, purchase dealership real estate, and other dealer vehicle programs. It serves clients in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. Ford Motor Company was founded in 1903 and is based in Dearborn, Michigan.

Chesapeake Energy Corporation (CHK) had a light trading with around 28.9M shares changing hands compared to its three month average trading volume of 51.67M. The stock traded between $6.52 and $6.81 before closing at the price of $6.68 with -0.15% change on the day. The Oklahoma City Oklahoma 73118 based company is currently trading 345.33% above its 52 week low of $1.5 and -18.54% below its 52 week high of $8.2. Both the RSI indicator and target price of 42.4 and $7.67 respectively, lead us to believe that it should be put on hold over the coming weeks.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

 

3 Stocks in Focus: Bristol-Myers Squibb Company (BMY), CSX Corporation (CSX), Chesapeake Energy Corporation (CHK)

Bristol-Myers Squibb Company (BMY) fell -11.28% during last trading as the stock lost $-6.26 to finish the day at $49.23 with about 76.98M shares changing hands, compared to its three month average trading volume of 10.05M. The $92.74B market cap company, which fluctuated between $48.92 and $50.69 during the day, currently situated 1.07% above its 52 week low of $48.92 and -35.3% away from its one year high of $77.12. The RSI of 18.17 indicates the stock is oversold at the current levels, buy for now.

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, and distributes biopharmaceutical products worldwide. It offers chemically-synthesized drug or small molecule, and biologic in various therapeutic areas, including virology comprising human immunodeficiency virus infection (HIV); oncology; immunoscience; cardiovascular; and neuroscience. Its products include Baraclude for the treatment of chronic hepatitis B virus infection; Daklinza and Sunvepra for the treatment of hepatitis C virus infection; Reyataz and Sustiva for the treatment of HIV; Empliciti, a humanized monoclonal antibody for the treatment of multiple myeloma; Erbitux, an IgG1 monoclonal antibody that blocks the epidermal growth factor receptor; Opdivo, a fully human monoclonal antibody for non-small cell lung and renal cell cancer, and melanoma; Sprycel, a tyrosine kinase inhibitor for the treatment of adults with Philadelphia chromosome-positive chronic myeloid leukemia; Yervoy, a monoclonal antibody for metastatic melanoma; Abilify, an antipsychotic agent for adults with schizophrenia, bipolar mania disorder, and depressive disorder; Orencia to treat rheumatoid arthritis; and Eliquis, an oral factor Xa inhibitor targeted at stroke prevention in atrial fibrillation. Its products pipeline includes Beclabuvir, a non-nucleoside NS5B inhibitor for the treatment of HCV; BMS-663068, an investigational compound that is being studied in HIV-1; and Prostvac, a Phase III prostate-specific antigen to treat asymptomatic or minimally symptomatic metastatic castration-resistant prostate cancer. The company has clinical trial collaborations with Calithera Biosciences, Inc. and Janssen Biotech, Inc.; and a research collaboration with GeneCentric Diagnostics, Inc. The company was formerly known as Bristol-Myers Company and changed its name to Bristol-Myers Squibb Company in 1989. Bristol-Myers Squibb Company was founded in 1887 and is headquartered in New York, New York.

CSX Corporation (CSX) dropped $-1.18 to close the day at a new closing price of $44.33, a -2.59% decrease in value from its previous closing price that moved the stock 113.28% above its 52 week low of $21.64. A total of 45.33M shares exchanged hands during the day compared with its three month average trading volume of 10.52M. The stock, which fluctuated between $42.88 and $44.7 during the day, currently situated -2.81% below its 52 week high. The stock is up by 22.36% in the past one month and up by 43.41% over the past three months. With a one year target estimate of $39.08 and RSI of 73.76, the stock still has upside potential, making it a sell for now.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural products, phosphates and fertilizers, food and consumer products, chemicals, automotive products, metals, forest products, minerals, and waste and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities. In addition, it offers intermodal transportation services through a network of approximately 50 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services. Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol. Additionally, it acquires, develops, sells, leases, and manages real estate properties. The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 4,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.

Chesapeake Energy Corporation (CHK) had a light trading with around 32.94M shares changing hands compared to its three month average trading volume of 52.9M. The stock traded between $6.63 and $6.87 before closing at the price of $6.69 with 1.06% change on the day. The Oklahoma City Oklahoma 73118 based company is currently trading 346% above its 52 week low of $1.5 and -18.41% below its 52 week high of $8.2. Both the RSI indicator and target price of 44.08 and $7.67 respectively, lead us to believe that it should be put on hold over the coming weeks.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.