Stocks Buzz: Morgan Stanley (MS), QUALCOMM Incorporated (QCOM), Cisco Systems, Inc. (CSCO)

Morgan Stanley (MS) managed to rebound with the stock climbing 1.68% or $0.71 to close the day at $42.86 on active trading volume of 15.89M shares, compared to its three month average trading volume of 12.27M. The New York New York 10036 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 67.21%, compared to the industry which has advanced 48.35% over the same period. With RSI of 51.99, the stock should still continue to rise and get closer to its one year target estimate of $45.59, making it a hold for now.

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

QUALCOMM Incorporated (QCOM) grew with the stock adding 1.46% or $0.94 to close at $65.13 on light trading volume of 15.86M compared its three months average trading volume of 9.1M. The San Diego California 92121 based company operating under the Communication Equipment industry has been trending up for the last 52 weeks, with the shares price now 46.36% up for the period and down by -0.11% so far this year. With price target of $73.79 and a 59.7% rebound from 52-week low, QUALCOMM Incorporated has plenty of upside potential, making it a hold with a view buy.

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.

Cisco Systems, Inc. (CSCO) managed to rebound with the stock climbing 0.13% or $0.04 to close the day at $30.03 on lower than average trading volume of 15.69M shares, compared to its three month average trading volume of 22.2M. The San Jose California 95134 based company has been outperforming the networking & communication devices companies by 0.2117% for last three months and its recent gains have pushed the stock slightly up 0.22% YTD, versus the networking & communication devices industry which is up 0.17% for the same period. The RSI of 43.26 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Stocks in Review: QUALCOMM Incorporated (QCOM), Rite Aid Corporation (RAD), Cisco Systems, Inc. (CSCO)

QUALCOMM Incorporated (QCOM) opening the day at $66.71. The company has seen its stock decrease in value by -1.55% so far this year. The stock was down close to -4.02% on active volume in last trading session and closed at $64.19 per share. After the recent fall, the stock is currently holding -9.67% below its 52 week high of $71.62 and 57.4% above its 12-month low of $42.24. The shares are down by over -1.53% in the last three months, and the RSI indicator value of 37.65 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

Rite Aid Corporation (RAD) managed to rebound with the stock climbing 0.12% or $0.01 to close the day at $8.67 on active trading volume of 22.03M shares, compared to its three month average trading volume of 17.96M. The Camp Hill Pennsylvania 17011 based company has been outperforming the drug stores group over the past 52 weeks, with the stock gaining 13.48%, compared to the industry which has advanced 6.82% over the same period. With RSI of 64.28, 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.

Cisco Systems, Inc. (CSCO) dropped $-0.08 to close the day at a new closing price of $29.99, a -0.27% decrease in value from its previous closing price that moved the stock 38.28% above its 52 week low of $22.46. A total of 21.93M shares exchanged hands during the day compared with its three month average trading volume of 22.03M. The stock, currently situated -5.15% below its 52 week high. The stock is down by -0.7% in the past one month and up by 0.22% over the past three months. With a one year target estimate of $33.11 and RSI of 42.21, the stock still has upside potential, making it a hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Stocks Buzz: Kinder Morgan, Inc. (KMI), Cisco Systems, Inc. (CSCO), Intel Corporation (INTC)

Kinder Morgan, Inc. (KMI) continued its upward trend with the stock climbing 1.04% or $0.23 to close the day at $22.42 on active trading volume of 16.14M shares, compared to its three month average trading volume of 14.49M. The Houston Texas 77002 based company has been outperforming the oil & gas pipelines group over the past 52 weeks, with the stock gaining 64.9%, compared to the industry which has advanced 54.11% over the same period. With RSI of 66.15, the stock should still continue to rise and get closer to its one year target estimate of $25.28, making it a hold for now.

Kinder Morgan, Inc. operates as an energy infrastructure company in North America. It operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline and storage systems; natural gas and crude oil gathering systems, and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas facilities. The CO2 segment produces, transports, and markets CO2 for use in enhanced oil recovery projects; and owns interests in oil-producing fields, gas processing plants, and crude oil pipelines in the Permian Basin region of West Texas. The Terminals segment owns and operates liquids and bulk terminals that transload and store refined petroleum products, crude oil, and condensate, as well as bulk products, including coal, petroleum coke, cement, alumina, salt, and other bulk chemicals; and owns and operates tankers. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Kinder Morgan Canada segment owns and operates Trans Mountain pipeline system that transports crude oil and refined petroleum products from Edmonton, Alberta, and Canada to marketing terminals and refineries in British Columbia, Canada, and Washington; and jet fuel aviation turbine fuel pipeline that serves the Vancouver (Canada) International Airport. The Other segment includes various physical natural gas contracts with power plants. Kinder Morgan, Inc. owns interests in or operates approximately 84,000 miles of pipelines and 180 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.

Cisco Systems, Inc. (CSCO) grew with the stock adding 0.1% or $0.03 to close at $30.07 on light trading volume of 15.83M compared its three months average trading volume of 22.16M. The San Jose California 95134 based company operating under the Networking & Communication Devices industry has been trending up for the last 52 weeks, with the shares price now 26.28% up for the period and up by 0.36% so far this year. With price target of $33.11 and a 38.64% rebound from 52-week low, Cisco Systems, Inc. has plenty of upside potential, making it a hold with a view buy.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

Intel Corporation (INTC) managed to rebound with the stock climbing 0.22% or $0.08 to close the day at $36.79 on lower than average trading volume of 15.07M shares, compared to its three month average trading volume of 20.45M. The Santa Clara California 95054 based company has been outperforming the semiconductor – broad line companies by 0.2051% for last three months and its recent gains have pushed the stock slightly up 1.43% YTD, versus the semiconductor – broad line industry which is up 2.14% for the same period. The RSI of 57.74 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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.

 

Momentum Stocks: AT&T Inc. (T), Cisco Systems, Inc. (CSCO), Facebook, Inc. (FB)

AT&T Inc. (T) grew with the stock adding 0.98% or $0.4 to close at $41.01 on light trading volume of 19.88M compared its three months average trading volume of 25.09M. The Dallas Texas 75202 based company operating under the Telecom Services – Domestic industry has been trending up for the last 52 weeks, with the shares price now 27.41% up for the period and down by -2.45% so far this year. With price target of $41.29 and a 28.59% rebound from 52-week low, AT&T Inc. has plenty of upside potential, making it a hold with a view buy.

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.

Cisco Systems, Inc. (CSCO) had a light trading with around 18.61M shares changing hands compared to its three month average trading volume of 22.45M. The stock traded between $29.8 and $30.16 before closing at the price of $30.04 with -0.36% change on the day. The San Jose California 95134 based company is currently trading 38.51% above its 52 week low of $22.46 and -4.99% below its 52 week high of $31.95. Both the RSI indicator and target price of  and $33.11 respectively, lead us to believe that it could rise over the coming weeks.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

Facebook, Inc. (FB) saw its value increase by 0.42% as the stock gained $0.53 to finish the day at a closing price of $126.62. The stock was lighter in trading and has fluctuated between $89.37-$133.5 per share for the past year. The shares, which traded within a range of $124.8 to $126.73 during the day, are down by -1.88% in the past three months and up by 7.95% over the past six months. It is currently trading 5.77% above its 20 day moving average and 5.53% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $154.36 a share over the next twelve months. The current relative strength index (RSI) reading is 69.24.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Facebook, Inc. operates as a mobile application and Website that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide. Its solutions also include Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application for mobile and Web on various platforms and devices, which enable people to reach others instantly, as well as enable businesses to engage with customers; and WhatsApp Messenger, a mobile messaging application. The company also develops Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2015, it had 1.04 billion daily active users (DAUs) and 934 million DAUs who accessed Facebook from a mobile device. The company has a partnership with the Federation of Indian Chambers of Commerce and Industry to augment the Millennium Alliance initiative, as well as support and expand the development of the social enterprise sector in India. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

 

Stocks in Review: AT&T Inc. (T), EnteroMedics Inc. (ETRM), Cisco Systems, Inc. (CSCO)

AT&T Inc. (T) traded within a range of $40.24 to $41.06 after opening the day at $40.66. The company has seen its stock decrease in value by -2.93% so far this year. The stock was up close to 0.02% on light volume in last trading session and closed at $40.81 per share. After the recent gain, the stock is currently holding -4.06% below its 52 week high of $43.89 and 27.97% above its 12-month low of $33.43. The shares are up by over 5.83% in the last three months, and the RSI indicator value of 49.8 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.

EnteroMedics Inc. (ETRM) continued its upward trend with the stock climbing 56.5% or $10 to close the day at $27.7 on active trading volume of 21.28M shares, compared to its three month average trading volume of 11.44M. The St. Paul Minnesota 55113 based company has been outperforming the medical appliances & equipment group over the past 52 weeks, with the stock gaining 1982.71%, compared to the industry which has advanced 14.92% over the same period. With RSI of 98.41, the stock should still continue to rise and get closer to its one year target estimate of $140, making it a hold for now.

EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. The company develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness. It has collaboration with Mayo Clinic for the development and testing of products for the treatment of obesity. The company was formerly known as Beta Medical, Inc. and changed its name to EnteroMedics Inc. in 2003. EnteroMedics Inc. was founded in 2002 and is headquartered in St. Paul, Minnesota.

Cisco Systems, Inc. (CSCO) gained $0.2 to close the day at a new closing price of $30.38, a 0.66% increase in value from its previous closing price that moved the stock 40.07% above its 52 week low of $22.46. A total of 21.03M shares exchanged hands during the day compared with its three month average trading volume of 22.27M. The stock, which fluctuated between $30.1 and $30.55 during the day, currently situated -3.92% below its 52 week high. The stock is up by 2.31% in the past one month and down by -2.63% over the past three months. With a one year target estimate of $33.11 and RSI of 52.74, the stock still has upside potential, making it a hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Momentum Stocks: Freeport-McMoRan Inc. (FCX), Cisco Systems, Inc. (CSCO), Oracle Corporation (ORCL)

Freeport-McMoRan Inc. (FCX) retreated with the stock falling -1.48% or $-0.22 to close at $14.68 on light trading volume of 17.28M compared its three months average trading volume of 32.58M. The Phoenix Arizona 85004 based company operating under the Copper industry has been trending up for the last 52 weeks, with the shares price now 171.35% up for the period and up by 11.3% so far this year. With price target of $13.14 and a 317.05% rebound from 52-week low, Freeport-McMoRan Inc. has plenty of upside potential, making it a hold with a view buy.

Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The company explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, as well as oil and gas. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo, Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico; oil production facilities onshore and offshore in California; onshore natural gas resources in the Haynesville shale in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore located in South Louisiana. As of December 31, 2015, its consolidated recoverable proven and probable mineral reserves included 99.5 billion pounds of copper, 27.1 million ounces of gold, 3.05 billion pounds of molybdenum, 271.2 million ounces of silver, and 0.87 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 252 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.

Cisco Systems, Inc. (CSCO) had a light trading with around 17.18M shares changing hands compared to its three month average trading volume of 22.21M. The stock traded at the price of $30.18 with -0.17% change on the day. The San Jose California 95134 based company is currently trading 39.15% above its 52 week low of $22.46 and -4.55% below its 52 week high of $31.95. Both the RSI indicator and target price of  and $33.11 respectively, lead us to believe that it could rise over the coming weeks.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

Oracle Corporation (ORCL) saw its value increase by 1.51% as the stock gained $0.58 to finish the day at a closing price of $39.03. The stock was higher in trading and has fluctuated between $33.13-$42 per share for the past year. The shares, which traded within a range of $38.47 to $39.45 during the day, are up by 1.22% in the past three months and down by -3.54% over the past six months. It is currently trading -0.43% below its 20 day moving average and -0.33% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $44 a share over the next twelve months. The current relative strength index (RSI) reading is 50.74.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. It offers services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. The company licenses its Oracle Database software, which enables storage, retrieval, and manipulation of various forms of data; and Oracle Fusion Middleware software to build, deploy, secure, access, and integrate business applications, as well as automate their business processes. It also provides a range of software for mobile computing to address the development needs of businesses; and Java, a software development language. In addition, the company offers application software, such as human capital and talent management, customer experience and customer relationship management, financial management and governance, risk and compliance, procurement, project portfolio management, supply chain management, business analytics and enterprise performance management, and industry-specific application software. Further, it offers hardware systems products, such as Oracle Engineered Systems, servers, storage, networking, industry specific hardware, virtualization software, operating systems, management software, and related hardware services. Additionally, the company offers customers with rights to software product upgrades and maintenance releases, patches released, and Internet access to technical content, as well as Internet and telephone access to technical support personnel. The company also provides consulting services, such as IT strategy alignment, enterprise architecture planning and design, initial product implementation and integration, and ongoing product enhancement and upgrade; customer support services; and education services. Oracle Corporation was founded in 1977 and is headquartered in Redwood City, California.

 

Momentum Stocks: Facebook, Inc. (FB), Wells Fargo & Company (WFC), Cisco Systems, Inc. (CSCO)

Facebook, Inc. (FB) grew with the stock adding 1.67% or $1.98 to close at $120.67 on light trading volume of 19.45M compared its three months average trading volume of 21.81M. The Menlo Park California 94025 based company operating under the Internet Information Providers industry has been trending up for the last 52 weeks, with the shares price now 17.19% up for the period and up by 4.88% so far this year. With price target of $155.56 and a 35.02% rebound from 52-week low, Facebook, Inc. has plenty of upside potential, making it a hold with a view buy.

Facebook, Inc. operates as a mobile application and Website that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide. Its solutions also include Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application for mobile and Web on various platforms and devices, which enable people to reach others instantly, as well as enable businesses to engage with customers; and WhatsApp Messenger, a mobile messaging application. The company also develops Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2015, it had 1.04 billion daily active users (DAUs) and 934 million DAUs who accessed Facebook from a mobile device. The company has a partnership with the Federation of Indian Chambers of Commerce and Industry to augment the Millennium Alliance initiative, as well as support and expand the development of the social enterprise sector in India. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

Wells Fargo & Company (WFC) had a light trading with around 18.74M shares changing hands compared to its three month average trading volume of 27.27M. The stock traded between $54.47 and $55.82 before closing at the price of $55.18 with -1.55% change on the day. The San Francisco California 94104 based company is currently trading 27.76% above its 52 week low of $43.55 and -4.89% below its 52 week high of $58.02. Both the RSI indicator and target price of  and $55.8 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.

Cisco Systems, Inc. (CSCO) saw its value increase by 0.23% as the stock gained $0.07 to finish the day at a closing price of $30.17. The stock was lighter in trading and has fluctuated between $22.46-$31.95 per share for the past year. The shares, which traded within a range of $30.07 to $30.35 during the day, are down by -4.5% in the past three months and up by 5.84% over the past six months. It is currently trading -0.57% below its 20 day moving average and -0.71% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $33.11 a share over the next twelve months. The current relative strength index (RSI) reading is 47.86.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Stocks in Review: Verizon Communications Inc. (VZ), Cisco Systems, Inc. (CSCO), Pfizer Inc. (PFE)

Verizon Communications Inc. (VZ) traded within a range of $53.73 to $54.67 after opening the day at $53.96. The company has seen its stock increase in value by 2.25% so far this year. The stock was up close to 2.25% on active volume in last trading session and closed at $54.58 per share. After the recent gain, the stock is currently holding -2.09% below its 52 week high of $56.95 and 28.68% above its 12-month low of $43.79. The shares are up by over 6.4% in the last three months, and the RSI indicator value of 74.44 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

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.

Cisco Systems, Inc. (CSCO) managed to rebound with the stock climbing 1.06% or $0.32 to close the day at $30.54 on active trading volume of 22.29M shares, compared to its three month average trading volume of 21.77M. The San Jose California 95134 based company has been outperforming the networking & communication devices group over the past 52 weeks, with the stock gaining 18.73%, compared to the industry which has advanced 15.25% over the same period. With RSI of 54.09, the stock should still continue to rise and get closer to its one year target estimate of $33.11, making it a hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

Pfizer Inc. (PFE) gained $0.52 to close the day at a new closing price of $33, a 1.6% increase in value from its previous closing price that moved the stock 20.03% above its 52 week low of $28.25. A total of 22.13M shares exchanged hands during the day compared with its three month average trading volume of 25.9M. The stock, which fluctuated between $32.59 and $33 during the day, currently situated -10.12% below its 52 week high. The stock is up by 4.9% in the past one month and down by -1.04% over the past three months. With a one year target estimate of $37.65 and RSI of 63.67, the stock still has upside potential, making it a hold for now.

Pfizer Inc. discovers, develops, manufactures, and sells healthcare products worldwide. The company 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 to conduct clinical trials to evaluate investigational immunotherapy agents. The company has a partnership with The University of Pittsburgh; and a strategic collaboration agreement with IGNITE Immunotherapy Inc. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

 

Three Movers to Watch for: Cisco (CSCO), Frontier Communications (FTR), Micron Technology (MU)

Frontier Communications Corporation (FTR) grew with the stock adding 0.6% or $0.02 to close at $3.38 on light trading volume of 20.4M compared its three months average trading volume of 22M. The Norwalk Connecticut 06851 based company operating under the Telecom Services – Domestic industry has been trending down for the last 52 weeks, with the shares price now -20.57% down for the period and down by -20.57% so far this year. With price target of $4.87 and a 12.41% rebound from 52-week low, Frontier Communications Corporation has plenty of upside potential, making it a hold with a view buy.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

Micron Technology, Inc. (MU) dropped $-0.35 to close the day at a new closing price of $21.92, a -1.57% decrease in value from its previous closing price that moved the stock 135.45% above its 52 week low of $9.31. A total of 20.25M shares exchanged hands during the day compared with its three month average trading volume of 26.9M. The stock, which fluctuated between $21.75 and $22.4 during the day, currently situated -7.28% below its 52 week high. The stock is up by 12.24% in the past one month and up by 23.28% over the past three months. With a one year target estimate of $26.58 and RSI of 62.33, the stock still has upside potential, making it a hold for now.

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.

Cisco Systems, Inc. (CSCO) shares were down in last trading by -0.79% to $30.22. It experienced lighter than average volume on day. The stock decreased in value by almost -0.79% over the past week and grew 1.34% in the past month. It is currently trading -0.53% below its 50 day moving average and 2.75% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.24% decrease in value from its one year high of $31.95. The RSI indicator value of 47.94, lead us to believe that it is a hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Stocks Buzz: J. C. Penney Company, Inc. (JCP), Fitbit, Inc. (FIT), Cisco Systems, Inc. (CSCO)

  1. C. Penney Company, Inc. (JCP) continued its downward trend with the stock declining -0.59% or $-0.05 to close the day at $8.42 on light trading volume of 11.85M shares, compared to its three month average trading volume of 16.08M. The Plano Texas 75024 based company has been outperforming the department stores group over the past 52 weeks, with the stock gaining 24.37%, compared to the industry which has advanced 4.76% over the same period. With RSI of 37.9, the stock should still continue to rise and get closer to its one year target estimate of $11.29, making it a hold for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Fitbit, Inc. (FIT) retreated with the stock falling -0.4% or $-0.03 to close at $7.4 on active trading volume of 11.09M compared its three months average trading volume of 10.55M. The San Francisco California 94105 based company operating under the Scientific & Technical Instruments industry has been trending down for the last 52 weeks, with the shares price now -75.03% down for the period and down by -74.99% so far this year. With price target of $10.75 and a 2.78% rebound from 52-week low, Fitbit, Inc. has plenty of upside potential, making it a hold with a view buy.

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.

Cisco Systems, Inc. (CSCO) managed to rebound with the stock climbing 0.13% or $0.04 to close the day at $30.46 on lower than average trading volume of 10.98M shares, compared to its three month average trading volume of 22M. The San Jose California 95134 based company has been underperforming the networking & communication devices companies by -2.1429% for last three months and its recent losses have trimmed gains to 16.05% YTD, versus the networking & communication devices industry which is up 12.79% for the same period. The RSI of 52.32 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.