Centene Corporation (CNC) continued its upward trend with the stock climbing 1.43% or $1 to close the day at $70.93 on light trading volume of 1.69M shares, compared to its three month average trading volume of 1.82M. The St. Louis Missouri 63105 based company has been outperforming the health care plans group over the past 52 weeks, with the stock gaining 28.61%, compared to the industry which has advanced 16.58% over the same period. With RSI of 78.59, the stock should still continue to rise and get closer to its one year target estimate of $77.76, making it a hold for now.
Centene Corporation operates as a diversified and multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. It operates through two segments, Managed Care and Specialty Services. The Managed Care segment offers Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, including Medicaid, the State children’s health insurance program, long-term care, foster care, and dual-eligible individual, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and x-ray services, home health and durable medical equipment, behavioral health and substance abuse, 24-hour nurse advice line, transportation assistance, vision care, dental care, immunizations, prescriptions and limited over-the-counter drugs, specialty pharmacy, therapies, social work services, and care coordination. The Specialty Services segment provides pharmacy benefits management services; health, triage, wellness, and disease management services; vision services; dental services; correctional healthcare services; in-home health services; and integrated long-term care services, as well as care management software that automate the clinical, administrative, and technical components of care management programs. This segment offers its services and products to state programs, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.
Texas Instruments Incorporated (TXN) climbed 0.16% during last trading as the stock added $0.12 to finish the day at $75.64 with about 4M shares changing hands, compared to its three month average trading volume of 5.45M. The $75.74B market cap company, which fluctuated between $75.3 and $75.64 during the day, currently situated 51.7% above its 52 week low of $51.31 and -4.8% away from its one year high of $79.47. The RSI of 52.44 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power management products that include catalog and application-specific standard products to enhance the efficiency of powered devices using battery management solutions, portable power conversion devices, power supply controls, and point-of-load products. This segment also provides high performance analog products, such as high-speed data converters, amplifiers, sensors, high reliability products, interface products, and precision products; and silicon valley analog products, including power management, data converter, interface, and operational amplifier catalog analog products that are used in manufacturing various electronic systems. The Embedded Processing segment offers microcontroller products, which are systems with a processor core, memory, and peripherals to control a set of specific tasks for electronic equipment; processor products comprising digital signal and applications processors; and connectivity products consisting of electronic devices to connect and transfer data. The company also provides DLP products primarily used in projectors to create high-definition images; application-specific integrated circuits; calculators; and baseband products, as well as OMAP applications processors and connectivity products. It markets and sells its products through a direct sales force and distributors. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.
CMS Energy Corporation (CMS) saw its value decrease by -0.81% as the stock dropped $-0.35 to finish the day at a closing price of $42.78. The stock was lighter in trading and has fluctuated between $38.32-$46.25 per share for the past year. The shares, which traded within a range of $42.63 to $43.1 during the day, are up by 8.47% in the past three months and up by 1% over the past six months. It is currently trading 1.39% above its 20 day moving average and 3.16% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $44.77 a share over the next twelve months. The current relative strength index (RSI) reading is 61.33. The technical indicator lead us to believe there will be no major movement any time soon, hold.
CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources. This segment’s transmission and distribution system includes 214 miles of transmission overhead lines; 188 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,430 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,067 miles of electric distribution overhead lines; 10,532 miles of underground distribution lines; and substations. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segment’s gas transmission, storage, and distribution system comprises 1,670 miles of transmission lines; 15 gas storage fields; 27,920 miles of distribution mains; and 8 compressor stations. The Enterprises segment engages in the independent power production and marketing activities; and development of renewable generation. As of December 31, 2016, this segment had ownership interests in independent power plants totaling 1,177 megawatts. The company also operates an industrial bank providing unsecured consumer installment loans for financing home improvements. It serves 1.8 million electric customers and 1.8 million gas customers, including residential, commercial, and diversified industrial customers in Michigan’s Lower Peninsula. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.