Stocks Alert: Prudential Financial, Inc. (PRU), Constellation Brands, Inc. (STZ), Continental Resources, Inc. (CLR)

Prudential Financial, Inc. (PRU) grew with the stock adding 0.29% or $0.32 to close at $112.11 on active trading volume of 2.3M compared its three months average trading volume of 2.09M. The Newark New Jersey 07102 based company operating under the Life Insurance industry has been trending up for the last 52 weeks, with the shares price now 75.71% up for the period and up by 7.74% so far this year. With price target of $110.29 and a 88.23% rebound from 52-week low, Prudential Financial, Inc. has plenty of upside potential, making it a hold with a view buy.

Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It offers primarily life insurance, annuities, retirement-related, mutual funds, and investment management products and services. The company operates through U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance divisions. The U.S. Retirement Solutions and Investment Management division provides individual variable and fixed annuity products; and recordkeeping, plan administration, actuarial advisory, tailored participant education and communication, trustee, and institutional and retail investment services. It also offers brokerage services; guaranteed investment contracts, funding agreements, structured settlement annuities, and other group annuities; and investment management and advisory services to the public and private marketplace. The U.S. Individual Life and Group Insurance division provides individual variable, term, and universal life insurance products to mass middle, mass affluent, and affluent markets; group life; long-term and short-term group disability; and group corporate, bank, and trust-owned life insurance products to institutional clients. It also sells accidental death and dismemberment, and other ancillary coverages; and offers plan administrative services. The International Insurance division provides individual life insurance, retirement, and related products. The company serves individual and institutional customers through third-party broker-dealers, independent financial planners, financial professionals, third-party financial advisors, brokers, benefits consultants, sales force, wire houses, banks, general agencies, producer groups, life planners, and life consultants. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

Constellation Brands, Inc. (STZ) gained $2.3 to close the day at a new closing price of $158.51, a 1.47% increase in value from its previous closing price that moved the stock 16.67% above its 52 week low of $137.25. A total of 2.29M shares exchanged hands during the day compared with its three month average trading volume of 1.99M. The stock, which fluctuated between $156.16 and $158.69 during the day, currently situated -8.19% below its 52 week high. The stock is up by 5.62% in the past one month and up by 4.27% over the past three months. With a one year target estimate of $176.44 and RSI of 64.51, the stock still has upside potential, making it a hold for now.

Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. Its principal brands comprise Arbor Mist, Black Box, Blackstone, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Mount Veeder, Nobilo, Ravenswood, Rex Goliath, Robert Mondavi, Ruffino, Simi, Toasted Head, Wild Horse, Black Velvet Canadian Whisky, and SVEDKA Vodka. The company offers its products to wholesale distributors, retailers, on-premise locations, and government alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.

Continental Resources, Inc. (CLR) shares were down in last trading by -0.67% to $46.01. It experienced lighter than average volume on day. The stock increased in value by almost 0.5% over the past week and fell -10.56% in the past month. It is currently trading -9.72% below its 50 day moving average and -3.32% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -23.7% decrease in value from its one year high of $60.3. The RSI indicator value of 36.06, lead us to believe that it is a hold for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

 

Momentum Stocks: Continental Resources, Inc. (CLR), Allergan plc (AGN), Autodesk, Inc. (ADSK)

Continental Resources, Inc. (CLR) grew with the stock adding 1.16% or $0.54 to close at $46.97 on light trading volume of 1.94M compared its three months average trading volume of 2.74M. The Oklahoma City Oklahoma 73102 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 154.44% up for the period and down by -8.87% so far this year. With price target of $60.94 and a 177.6% rebound from 52-week low, Continental Resources, Inc. has plenty of upside potential, making it a hold with a view buy.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

Allergan plc (AGN) had a light trading with around 2.63M shares changing hands compared to its three month average trading volume of 4.53M. The stock traded between $244.65 and $249.27 before closing at the price of $248.57 with 0.73% change on the day. The Dublin Dublin D17 E400 based company is currently trading 34.73% above its 52 week low of $184.5 and -17.51% below its 52 week high of $301.32. Both the RSI indicator and target price of  and $263.37 respectively, lead us to believe that it could rise over the coming weeks.

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

Autodesk, Inc. (ADSK) saw its value increase by 0.31% as the stock gained $0.26 to finish the day at a closing price of $84.54. The stock was higher in trading and has fluctuated between $45.34-$85.11 per share for the past year. The shares, which traded within a range of $82.81 to $84.59 during the day, are up by 14.54% in the past three months and up by 34.23% over the past six months. It is currently trading 2.96% above its 20 day moving average and 6.93% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $81.71 a share over the next twelve months. The current relative strength index (RSI) reading is 61.18.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Autodesk, Inc. operates as a design software and services company worldwide. The company’s Architecture, Engineering and Construction segment offers Autodesk Building Design Suites to manage various phases of design and construction; Autodesk Revit products that offer model-based design and documentation systems; Autodesk Infrastructure Design Suites; AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution; and AutoCAD Map 3D software for infrastructure planning, design, and management. Its Platform Solutions and Emerging Business segment offers AutoCAD software, a professional design, drafting, detailing, and visualization software; and AutoCAD LT, a professional drafting and detailing software. The company’s Manufacturing segment provides Autodesk Product Design Suites for digital prototyping; Autodesk Inventor to go beyond 3D design to digital prototyping; AutoCAD Mechanical software to accelerate the mechanical design process; Autodesk Moldflow, an injection molding simulation software; Autodesk Delcam, a CAD and computer-aided manufacturing software; Autodesk PLM 360, a product lifecycle management application; and Autodesk Fusion 360, a product development environment. Its Media and Entertainment segment offers Autodesk Maya and Autodesk 3ds Max software products that offer 3D modeling, animation, effects, rendering, and compositing solutions; and Autodesk Flame and Autodesk Lustre software applications that offer editing, finishing, and visual effects design and color grading solutions. Autodesk, Inc. sells consumer products for digital art, personal design and creativity, and home design in digital storefronts and over the Internet. It licenses or sells its products to customers in the architecture, engineering, and construction; manufacturing; and digital media, consumer, and entertainment industries directly, as well as through resellers and distributors. Autodesk, Inc. was founded in 1982 and is headquartered in San Rafael, California.

 

Trader Alert: Mylan N.V. (MYL), Akamai Technologies, Inc. (AKAM), Continental Resources, Inc. (CLR)

Mylan N.V. (MYL) grew with the stock adding 0.03% or $0.01 to close at $39.31 on light trading volume of 2.52M compared its three months average trading volume of 5.2M. The Hatfield Hertfordshire EN6 1AG based company operating under the Drugs – Generic industry has been trending down for the last 52 weeks, with the shares price now -5.09% down for the period and up by 3.04% so far this year. With price target of $49.84 and a 16.99% rebound from 52-week low, Mylan N.V. has plenty of upside potential, making it a hold with a view buy.

Mylan N.V., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, transdermal patch, gel, cream, or ointment forms, as well as active pharmaceutical ingredients (APIs). It is also involved in the development of APIs with non-infringing processes for internal use and to partner with manufacturers; and manufacture and sale of injectable products in antineoplastics, anti-infectives, anesthesia/pain management, and cardiovascular therapeutic areas. In addition, the company produces finished dosage form and oral solid dose products; and offers antiretroviral therapies to third parties. Further, it manufactures and sells branded specialty injectable and nebulized products comprising EpiPen Auto-Injector to treat severe allergic reactions; Perforomist Inhalation Solution, a formoterol fumarate inhalation solution for the maintenance treatment of bronchoconstriction in chronic obstructive pulmonary disorder patients; and ULTIVA, an analgesic agent used during the induction and maintenance of general anesthesia for inpatient and outpatient procedures. It sells generic pharmaceutical products to proprietary and ethical pharmaceutical wholesalers and distributors, group purchasing organizations, drug store chains, independent pharmacies, drug manufacturers, institutions, and public and governmental agencies; and specialty pharmaceuticals to pharmaceutical wholesalers and distributors, pharmacies, and healthcare institutions. Mylan N.V. has a collaboration agreement with Momenta Pharmaceuticals, Inc. to develop, manufacture, and commercialize Momenta Pharmaceuticals, Inc.’s biosimilar candidates. The company was formerly known as New Moon B.V. Mylan N.V. was founded in 1961 and is based in Hertfordshire, the United Kingdom.

Akamai Technologies, Inc. (AKAM) gained $0.1 to close the day at a new closing price of $63.95, a 0.16% increase in value from its previous closing price that moved the stock 43.13% above its 52 week low of $47.8. A total of 2.51M shares exchanged hands during the day compared with its three month average trading volume of 1.88M. The stock, which fluctuated between $63.5 and $64.28 during the day, currently situated -10.73% below its 52 week high. The stock is down by -8.8% in the past one month and down by -3.88% over the past three months. With a one year target estimate of $71.85 and RSI of 35.34, the stock still has upside potential, making it a hold for now.

Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company offers performance and security solutions designed to help Websites and business applications operate while offering protection against security threats. It also provides media content delivery solutions that are designed to deliver movies, television shows, live events, games, social media, software downloads, and other content on the Internet in fixed line and mobile networks; adaptive delivery solutions for streaming video content; and download delivery solution that offers accelerated distribution for large file downloads, including games, progressive media files, documents, and other file-based content. In addition, the company offers a suite of analytics tools to monitor online video viewer experiences and the effectiveness of Web software downloads, while measuring audience engagement, and quality of service performance; and NetStorage, a cloud storage solution, as well as media services to deliver live and on-demand content to various devices and platforms. Further, it provides cloud security solutions, which help customers avoid data theft and downtime, and protect Internet-facing infrastructure; and cloud networking solutions to help customers enhance enterprise branch office and retail store productivity and revenue by accelerating applications, reducing bandwidth costs, and extending the Internet and public clouds into private wide area networks. Additionally, the company offers network operator solutions that are designed to help carriers to operate a network that capitalizes on traffic growth and new subscriber services; and professional services and solutions. It sells its solutions through direct sales and service organization; and through active channel partners. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.

Continental Resources, Inc. (CLR) shares were up in last trading by 1.62% to $46.52. It experienced lighter than average volume on day. The stock decreased in value by almost -3% over the past week and fell -9.09% in the past month. It is currently trading -9.93% below its 50 day moving average and -1.9% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -22.85% decrease in value from its one year high of $60.3. The RSI indicator value of 36.63, lead us to believe that it is a hold for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

 

Stocks Buzz: Best Buy Co., Inc. (BBY), Time Warner Inc. (TWX), Continental Resources, Inc. (CLR)

Best Buy Co., Inc. (BBY) managed to rebound with the stock climbing 0.78% or $0.34 to close the day at $43.87 on light trading volume of 3.89M shares, compared to its three month average trading volume of 5.63M. The Richfield Minnesota 55423 based company has been outperforming the electronics stores group over the past 52 weeks, with the stock gaining 64.33%, compared to the industry which has advanced 45.63% over the same period. With RSI of 44.03, the stock should still continue to rise and get closer to its one year target estimate of $46.09, making it a hold for now.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, bestbuy.com.mx, and Geek Squad brand names, as well as through call centers. As of January 30, 2016, it had approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

Time Warner Inc. (TWX) grew with the stock adding 0.39% or $0.38 to close at $96.6 on light trading volume of 3.88M compared its three months average trading volume of 4.46M. The New York New York 10019 based company operating under the Entertainment – Diversified industry has been trending up for the last 52 weeks, with the shares price now 56.06% up for the period and up by 0.07% so far this year. With price target of $104.48 and a 77.64% rebound from 52-week low, Time Warner Inc. has plenty of upside potential, making it a hold with a view buy.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates approximately 180 channels in 200 countries. The Turner segment’s networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN, and HLN; and digital media properties comprise bleacherreport.com, NBA.com, NBA Mobile, NCAA.com, PGA.com, tntdrama.com, TBS.com, adultswim.com, and cartoonnetwork.com. It also licenses original programming to subscription-video-on-demand (SVOD) services and other over-the-top services, and its brands and characters for consumer products other business ventures. This segment serves cable system operators, satellite service distributors, telephone companies, and other distributors. The Home Box Office segment provides premium pay and basic tier television services comprising HBO and Cinemax; sells its original programming through physical and digital formats; and licenses home entertainment and content to international television networks and SVOD services. As of December 31, 2015, this segment had 49 million domestic subscribers. The Warner Bros. segment produces, distributes, and licenses television programming and feature films; distributes digital and physical home entertainment products; and produces and distributes videogames, as well as licenses consumer products and brands. The company was formerly known as AOL Time Warner, Inc. and changed its name to Time Warner Inc. in 2003. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.

Continental Resources, Inc. (CLR) continued its downward trend with the stock declining -1.4% or $-0.63 to close the day at $44.49 on higher than average trading volume of 3.88M shares, compared to its three month average trading volume of 2.79M. The Oklahoma City Oklahoma 73102 based company has been outperforming the independent oil & gas companies by -4.625% for last three months and its recent losses have pulled the stock down -13.68% YTD, versus the independent oil & gas industry which is down -4.65% for the same period. The RSI of 21.21 indicates the stock is oversold at the current levels, buy for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

 

Stocks Roundup: Continental Resources, Inc. (CLR), Aetna Inc. (AET), The Hartford Financial Services Group, Inc. (HIG)

Continental Resources, Inc. (CLR) retreated with the stock falling -2.79% or $-1.34 to close at $46.62 on light trading volume of 2.45M compared its three months average trading volume of 2.8M. The Oklahoma City Oklahoma 73102 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 140.43% up for the period and down by -9.55% so far this year. With price target of $61.08 and a 176.18% rebound from 52-week low, Continental Resources, Inc. has plenty of upside potential, making it a hold with a view buy.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

Aetna Inc. (AET) had a light trading with around 2.45M shares changing hands compared to its three month average trading volume of 3.32M. The stock traded between $120.12 and $122.5 before closing at the price of $120.79 with -1.44% change on the day. The Hartford Connecticut 06156 based company is currently trading 31.84% above its 52 week low of $92.42 and -11.33% below its 52 week high of $136.5. Both the RSI indicator and target price of  and $140.06 respectively, lead us to believe that it could rise over the coming weeks.

Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management services, dental, behavioral health, and vision plans on an insured basis, as well as an employer-funded or administrative services contract basis. It also provides point-of-service, preferred provider organization, health maintenance organization, and indemnity benefit plans, as well as health savings accounts and consumer-directed health plans. In addition, this segment offers Medicare and Medicaid products and services, as well as other medical products, such as medical management and data analytics services, medical stop loss insurance, workers’ compensation administrative services, and products that provide access to its provider networks in select geographies. The Group Insurance segment offers life insurance products, including group term life insurance, voluntary spouse and dependent term life insurance, group universal life insurance, and accidental death and dismemberment insurance; disability insurance products; and long-term care insurance products, which provide the benefits to cover the cost of care in private home settings, adult day care, assisted living, or nursing facilities. The Large Case Pensions segment manages retirement products, including pension and annuity products primarily for tax-qualified pension plans. The company offers its products to employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Aetna Inc. has a collaboration agreement with Commonwealth Health to introduce a new health plan; and Regional Cancer Care Associates to create an oncology medical home. The company was founded in 1853 and is based in Hartford, Connecticut.

The Hartford Financial Services Group, Inc. (HIG) saw its value increase by 0.46% as the stock gained $0.22 to finish the day at a closing price of $47.55. The stock was lighter in trading and has fluctuated between $38.38-$49.68 per share for the past year. The shares, which traded within a range of $47.16 to $47.66 during the day, are up by 9.22% in the past three months and up by 18.16% over the past six months. It is currently trading -1.69% below its 20 day moving average and -1.07% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $52.46 a share over the next twelve months. The current relative strength index (RSI) reading is 42.12.The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. It operates through six segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds, and Talcott Resolution. The Commercial Lines segment offers workers’ compensation, property, automobile, liability, umbrella, marine, and livestock insurance, as well as customized insurance products and services, including general liability, professional liability, bond, and specialty casualty coverages. The Personal Lines segment provides automobile, homeowners, and personal umbrella coverages to individuals. The Property & Casualty Other Operations segment manages property and casualty insurance. The Group Benefits segment offers group life, accident and disability coverage, and group retiree health to employer groups, associations, and affinity groups; and disability underwriting, administration, claims processing, and reinsurance to other insurers and self-funded employer plans. The Mutual Funds segment provides investment products for retail and retirement accounts; and investment-management and administrative services, such as product design, implementation, and oversight, as well as the runoff of the mutual funds supporting the company’s variable annuity products. The Talcott Resolution segment engages in the U.S. annuity, institutional, and private-placement life insurance businesses. It has a research partnership with UCLA Anderson Forecast to understand the critical economic issue and other trends affecting small business. The Hartford Financial Services Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut.

 

Investor’s Watch List: Western Digital Corporation (WDC), Discover Financial Services (DFS), Continental Resources, Inc. (CLR)

Western Digital Corporation (WDC) had a light trading with around 2.98M shares changing hands compared to its three month average trading volume of 4.4M. The stock traded between $78.8 and $79.93 before closing at the price of $79.23 with 0.09% change on the day. The Irvine California 92612 based company is currently trading 132.65% above its 52 week low of $34.99 and -2.99% below its 52 week high of $81.67. Both the RSI indicator and target price of 70.66 and $90.62 respectively, lead us to believe that it could drop over the coming weeks.

Western Digital Corporation, together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide. It offers performance hard disk drives (HDDs) that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models, as well as for use in storage of data for years; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are designed to enhance the performance in various enterprise workload environments. The company also provides InfiniFlash System, a system solution that offers petabyte scalable capacity with performance metrics; higher value data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop PCs, notebook PCs, gaming consoles, set top boxes, security surveillance systems, and other computing devices. In addition, it offers embedded NAND-flash storage products, including custom embedded solutions; and iNAND embedded flash products, such as multi-chip package solutions that combine NAND and mobile dynamic random-access memory in an integrated package for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as in automotive and connected home applications, and NAND-flash wafers. Further, it provides HDDs embedded into WD- and HGST-branded external storage products; and NAND-flash products, which include cards, universal serial bus flash drives, and wireless drives. Additionally, the company licenses its technologies. The company sells its products under the HGST, SanDisk, and WD brands to original equipment manufacturers (OEMs), distributors, resellers, cloud infrastructure players, and retailers. It serves storage subsystem suppliers, OEMs, Internet and social media infrastructure players, and PC and Mac OEMs. The company was founded in 1970 and is headquartered in Irvine, California.

Discover Financial Services (DFS) continued its downward trend with the stock declining -1.03% or $-0.71 to close the day at $68.06 on active trading volume of 2.95M shares, compared to its three month average trading volume of 2.76M. The Riverwoods Illinois 60015 based company has been outperforming the credit services group over the past 52 weeks, with the stock gaining 52.28%, compared to the industry which has advanced 22.3% over the same period. With RSI of 38.65, the stock should still continue to rise and get closer to its one year target estimate of $80.29, making it a hold for now.

Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates the Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

Continental Resources, Inc. (CLR) shares were down in last trading by -0.17% to $48.3. It experienced higher than average volume on day. The stock decreased in value by almost -7.01% over the past week and fell -7.47% in the past month. It is currently trading -7.72% below its 50 day moving average and 2.41% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -19.9% decrease in value from its one year high of $60.3. The RSI indicator value of 31.52, lead us to believe that it is a hold for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

 

Trader’s Buzzers: CenterPoint Energy, Inc. (CNP), ConocoPhillips (COP), Continental Resources, Inc. (CLR)

CenterPoint Energy, Inc. (CNP) traded within a range of $25.77 to $26.23 after opening the day at $25.87. The company has seen its stock increase in value by 6.37% so far this year. The stock was up close to 1.47% on active volume in last trading session and closed at $26.21 per share. After the recent gain, the stock is currently holding 0.58% above its 52 week high of $26.23 and 54.86% above its 12-month low of $17.52. The shares are up by over 17.66% in the last three months, and the RSI indicator value of 68.06 is neither bullish nor bearish, tempting investors to stay on the sidelines.

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2015, this segment owned 28,474 pole miles of overhead distribution lines and 3,723 circuit miles of overhead transmission lines; 23,120 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 232 substations with a capacity of 58,674 megavolt amperes. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services, as well as sells heating, ventilating and air conditioning equipment. This segment owned approximately 74,000 linear miles of natural gas distribution mains. The company’s Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. It owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment provides gathering, processing, compression, treating, dehydration, and natural gas liquids fractionation for producer customers. This segment had approximately 12,400 miles of gathering pipelines, 7,900 miles of interstate pipelines, and approximately 2,300 miles of intrastate pipelines. The company was founded in 1882 and is headquartered in Houston, Texas.

ConocoPhillips (COP) managed to rebound with the stock climbing 2.7% or $1.28 to close the day at $48.76 on active trading volume of 7.46M shares, compared to its three month average trading volume of 7.05M. The Houston Texas 77079 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 29.55%, compared to the industry which has advanced 40.33% over the same period. With RSI of 43.79, the stock should still continue to rise and get closer to its one year target estimate of $57.73, making it a hold for now.

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

Continental Resources, Inc. (CLR) gained $0.57 to close the day at a new closing price of $48.56, a 1.19% increase in value from its previous closing price that moved the stock 187.68% above its 52 week low of $16.88. A total of 2.03M shares exchanged hands during the day compared with its three month average trading volume of 2.88M. The stock, which fluctuated between $47.25 and $48.58 during the day, currently situated -19.47% below its 52 week high. The stock is down by -5.53% in the past one month and down by -3.54% over the past three months. With a one year target estimate of $61.03 and RSI of 32.57, the stock still has upside potential, making it a hold for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

 

Trader’s Buzzers: Berkshire Hathaway Inc. (BRK-B), Continental Resources, Inc. (CLR), C.H. Robinson Worldwide, Inc. (CHRW)

Berkshire Hathaway Inc. (BRK-B) traded within a range of $163.46 to $165.3 after opening the day at $164.93. The company has seen its stock increase in value by 0.87% so far this year. The stock was down close to -0.32% on light volume in last trading session and closed at $164.4 per share. After the recent fall, the stock is currently holding -1.7% below its 52 week high of $167.25 and 33.06% above its 12-month low of $123.55. The shares are up by over 14.21% in the last three months, and the RSI indicator value of 59.35 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Berkshire Hathaway Inc. operates as a holding company. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, and distributes electricity from solar, wind, nuclear, geothermal, and hydro sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets. In addition, it offers real estate brokerage services; invests in fixed-income and equity instruments; and engages in manufactured housing and finance business, leasing of transportation equipment, and furniture leasing activities. Further, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and other products; flooring, insulation, roofing and engineered, building and engineered components, paint and coating, and bricks and masonry products; recreational vehicles, apparel products, jewelry, and custom picture framing products; and alkaline batteries. Additionally, it manufactures structural investment castings and forged components, machined airframe components and engineered critical fasteners; airfoil castings; titanium and nickel superalloy melted and mill products; and seamless pipes, fittings, and forgings. The company distributes newspapers, televisions, and information; franchises and services quick service restaurants; distributes electronic components; and offers steel and logistics services, professional aviation training programs, and fractional aircraft ownership programs. In addition, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchen tools; and motorcycle apparel and equipment. The company was founded in 1889 and is headquartered in Omaha, Nebraska.

Continental Resources, Inc. (CLR) continued its downward trend with the stock declining -3.95% or $-2.05 to close the day at $49.89 on light trading volume of 2.49M shares, compared to its three month average trading volume of 2.83M. The Oklahoma City Oklahoma 73102 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 157.83%, compared to the industry which has advanced 44.7% over the same period. With RSI of 43.43, the stock should still continue to rise and get closer to its one year target estimate of $61.03, making it a hold for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

C.H. Robinson Worldwide, Inc. (CHRW) gained $1.83 to close the day at a new closing price of $77.58, a 2.42% increase in value from its previous closing price that moved the stock 26.69% above its 52 week low of $62.92. A total of 2.49M shares exchanged hands during the day compared with its three month average trading volume of 1.4M. The stock, which fluctuated between $75.57 and $77.65 during the day, currently situated 0.19% above its 52 week high. The stock is up by 4.16% in the past one month and up by 15.96% over the past three months. With a one year target estimate of $74.89 and RSI of 73.47, the stock still has upside potential, making it a sell for now.

C.H. Robinson Worldwide, Inc., a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. It offers transportation and logistics services, such as truckload comprising time-definite and expedited truck transportation services; less than truckload services; intermodal transportation, which is shipment service of freight in trailers or containers by combination of truck and rail; and non-vessel ocean common carrier or freight forwarding services, as well as organizes air shipments and provides door-to-door services. The company also provides custom broker services; and other logistics services, including fee-based managed services, warehousing services, small parcel, and other services. It has contractual relationships with approximately 68,000 transportation companies, including motor carriers, railroads, air freight, and ocean carriers. In addition, the company is involved in buying, selling, and marketing fresh produce, including fresh fruits, vegetables, and other perishable items. The company offers its fresh produce to grocery retailers, restaurants, produce wholesalers, and foodservice distributors through a network of independent produce growers and suppliers. C.H. Robinson Worldwide, Inc. was founded in 1905 and is headquartered in Eden Prairie, Minnesota.

 

3 Trending Stocks: Cardinal Health, Inc. (CAH), Continental Resources, Inc. (CLR), Northern Trust Corporation (NTRS)

Cardinal Health, Inc. (CAH) managed to rebound with the stock climbing 1.63% or $1.22 to close the day at $75.87 on light trading volume of 1.56M shares, compared to its three month average trading volume of 3.21M. The Dublin Ohio 43017 based company has been underperforming the drugs wholesale group over the past 52 weeks, with the stock losing -6.17%, compared to the industry which has dropped -7.94% over the same period. With RSI of 61.58, the stock should still continue to rise and get closer to its one year target estimate of $80.33, making it a hold for now.

Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company’s Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, hospitals, and other healthcare providers. It offers distribution, inventory management, data reporting, new product launch support, and contract pricing and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers. This segment also operates nuclear pharmacies and cyclotron facilities that manufacture, prepare, and deliver radiopharmaceuticals, as well as operates direct-to-patient specialty pharmacies; offers logistics, marketing, and other services; and repackages generic pharmaceuticals and over-the-counter healthcare products. The company’s Medical segment distributes a range of medical, surgical, and laboratory products and services to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers, as well as to patients in the home. This segment also develops, manufactures, and sources medical and surgical products comprising surgical drapes, and gowns and apparel; exam and surgical gloves; fluid suction and collection systems; cardiovascular and endovascular products; and wound care and orthopedic products, as well as assembles and offers sterile and non-sterile procedure kits. In addition, it offers supply chain services, including spend, distribution, and inventory management services to healthcare providers; and post-acute care management, and transition services and software to hospitals, other healthcare providers, and payers. The company was founded in 1979 and is headquartered in Dublin, Ohio.

Continental Resources, Inc. (CLR) climbed 0.17% during last trading as the stock added $0.09 to finish the day at $52.14 with about 1.55M shares changing hands, compared to its three month average trading volume of 2.8M. The $19.26B market cap company, which fluctuated between $52.08 and $53.19 during the day, currently situated 210.91% above its 52 week low of $16.88 and -13.53% away from its one year high of $60.3. The RSI of 51.9 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

Northern Trust Corporation (NTRS) saw its value increase by 0.69% as the stock gained $0.58 to finish the day at a closing price of $84.07. The stock was higher in trading and has fluctuated between $54.38-$91.14 per share for the past year. The shares, which traded within a range of $82.87 to $84.53 during the day, are up by 19% in the past three months and up by 24.74% over the past six months. It is currently trading -4.46% below its 20 day moving average and -2.44% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $89.47 a share over the next twelve months. The current relative strength index (RSI) reading is 39.72. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates through two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including global custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment provides services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately-held businesses. The company also provides asset management services, such as active, passive, and engineered equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay services and other risk management services. Northern Trust Corporation was founded in 1889 and is based in Chicago, Illinois.

 

Equities Trend Analysis: Continental Resources, Inc. (CLR), PPG Industries, Inc. (PPG), The Estee Lauder Companies Inc. (EL)

Continental Resources, Inc. (CLR) retreated with the stock falling -0.08% or $-0.04 to close at $51.36 on light trading volume of 2.26M compared its three months average trading volume of 2.8M. The Oklahoma City Oklahoma 73102 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 158.48% up for the period and down by -0.35% so far this year. With price target of $59.83 and a 268.44% rebound from 52-week low, Continental Resources, Inc. has plenty of upside potential, making it a hold with a view buy.

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

PPG Industries, Inc. (PPG) had a active trading with around 2.25M shares changing hands compared to its three month average trading volume of 1.73M. The stock traded between $94.62 and $96.08 before closing at the price of $95.97 with -0.36% change on the day. The Pittsburgh Pennsylvania 15272 based company is currently trading 10.31% above its 52 week low of $88.37 and -17% below its 52 week high of $117. Both the RSI indicator and target price of  and $110.2 respectively, lead us to believe that it could rise over the coming weeks.

PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. It operates in three segments: Performance Coatings, Industrial Coatings, and Glass. The Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; coatings, sealants, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; and chemical management services. This segment also offers protective and marine coatings and finishes for the protection of metals and structures to metal fabricators and heavy duty maintenance contractors, as well as to the manufacturers of ships, bridges, and rail cars; architectural coatings used by painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and purchased sundries to painting contractors and consumers. The Industrial Coatings segment provides adhesives and sealants for the automotive industry; metal pretreatments and related chemicals for industrial and automotive applications; precipitated silicas for tire, battery separator, and other markets; substrates used in radio frequency identification tags and labels, e-passports, drivers’ licenses, and identification cards; organic light emitting diode materials for use in displays and lighting; optical lens materials and photochromic dyes for optical lenses and color-change products. The Glass segment produces flat and fiber glass for use in commercial and residential construction, wind energy, energy infrastructure, transportation, and electronics industries. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania.

The Estee Lauder Companies Inc. (EL) saw its value increase by 1.35% as the stock gained $1.06 to finish the day at a closing price of $79.85. The stock was higher in trading and has fluctuated between $75.3-$97.48 per share for the past year. The shares, which traded within a range of $79.25 to $80.34 during the day, are down by -8.17% in the past three months and down by -14.37% over the past six months. It is currently trading 2.52% above its 20 day moving average and 2.29% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $90.85 a share over the next twelve months. The current relative strength index (RSI) reading is 59.02.The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Estée Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, as well as related items, including compacts, brushes, and other makeup tools. It also provides fragrance products in various forms comprising eau de parfum sprays and colognes, lotions, powders, creams, candles, and soaps; and hair care products, which include shampoos, conditioners, styling products, treatment, finishing sprays, and hair color products, as well as sells ancillary products and services. The company offers its products under the brands of Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, Smashbox, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, Prescriptives, GoodSkin Labs, Ojon, and Osiao. In addition, it operates as a licensee for fragrances and/or cosmetics sold under the Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors, Tom Ford, Ermenegildo Zegna, Tory Burch, Dr. Andrew Weil, and AERIN brand names. The company sells its products through department stores, specialty multi-brand retailers, upscale perfumeries, pharmacies, and salons and spas; freestanding stores; e-commerce Websites; stores in airports and on cruise ships; in-flight and duty-free shops; and self-select outlets. The Estée Lauder Companies Inc. was founded in 1946 and is based in New York, New York.