Stocks Trend Analysis: Texas Instruments Incorporated (TXN), Deere & Company (DE), Lowe’s Companies, Inc. (LOW)

Texas Instruments Incorporated (TXN) continued its upward trend with the stock climbing 0.77% or $0.58 to close the day at $76.25 on light trading volume of 4.88M shares, compared to its three month average trading volume of 5.43M. The Dallas Texas 75243 based company has been outperforming the semiconductor – broad line group over the past 52 weeks, with the stock gaining 47.39%, compared to the industry which has advanced 48.23% over the same period. With RSI of 56.44, the stock should still continue to rise and get closer to its one year target estimate of $81.46, making it a 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.

Deere & Company (DE) grew with the stock adding 0.05% or $0.05 to close at $109.17 on active trading volume of 4.76M compared its three months average trading volume of 3M. The Moline Illinois 61265 based company operating under the Farm & Construction Machinery industry has been trending up for the last 52 weeks, with the shares price now 39.76% up for the period and up by 5.95% so far this year. With price target of $102.63 and a 48.76% rebound from 52-week low, Deere & Company has plenty of upside potential, making it a hold with a view buy.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

Lowe’s Companies, Inc. (LOW) failed to extend gains with the stock declining -0.77% or $-0.59 to close the day at $76.32 on lower than average trading volume of 4.68M shares, compared to its three month average trading volume of 5.84M. The Mooresville North Carolina 28117 based company has been outperforming the home improvement stores companies by 10.9367% for last three months and its recent gains have pushed the stock slightly up 7.84% YTD, versus the home improvement stores industry which is up 6.12% for the same period. The RSI of 66.86 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Lowe’s Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, lawn and garden, seasonal living, paint, flooring, millwork, kitchens, outdoor power equipment, and home fashions. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers; and retail customers comprising individual homeowners and renters. As of January 29, 2016, it operated 1,857 home improvement and hardware stores in the United States, Canada, and Mexico. The company also sells its products through online sites comprising Lowes.com, Lowes.ca, and ATGstores.com, as well as through mobile applications. Lowe’s Companies, Inc. was founded in 1946 and is based in Mooresville, North Carolina.

 

Worth Watching Stocks: Philip Morris International Inc. (PM), The Home Depot, Inc. (HD), Deere & Company (DE)

Philip Morris International Inc. (PM) saw its value decrease by -0.15% as the stock dropped $-0.15 to finish the day at a closing price of $102.58. The stock was lighter in trading and has fluctuated between $86.78-$104.2 per share for the past year. The shares, which traded within a range of $101.79 to $102.89 during the day, are up by 16.65% in the past three months and up by 6.31% over the past six months. It is currently trading 4.98% above its 20 day moving average and 10.13% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $103.81 a share over the next twelve months. The current relative strength index (RSI) reading is 79.68.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

The Home Depot, Inc. (HD) shares were up in last trading by 1.07% to $141.36. It experienced higher than average volume on day. The stock increased in value by almost 3.45% over the past week and grew 4.68% in the past month. It is currently trading 4.27% above its 50 day moving average and 7.87% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.5% increase in value from its one year high of $141.37. The RSI indicator value of 69.17, lead us to believe that it is a hold for now.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

Deere & Company (DE) traded within a range of $109.06 to $110.42 after opening the day at $109.88. The company has seen its stock increase in value by 6.8% so far this year. The stock was down close to -0.63% on active volume in last trading session and closed at $110.05 per share. After the recent fall, the stock is currently holding -1.9% below its 52 week high of $112.18 and 49.95% above its 12-month low of $74.91. The shares are up by over 21.5% in the last three months, and the RSI indicator value of 69.82 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

 

Stocks in Review: Union Pacific Corporation (UNP), Franklin Resources, Inc. (BEN), Deere & Company (DE)

Union Pacific Corporation (UNP) traded within a range of $107.71 to $108.49 after opening the day at $107.88. The company has seen its stock increase in value by 4.04% so far this year. The stock was up close to 0.42% on light volume in last trading session and closed at $107.87 per share. After the recent gain, the stock is currently holding -3.15% below its 52 week high of $111.38 and 50.34% above its 12-month low of $76.9. The shares are up by over 15.5% in the last three months, and the RSI indicator value of 55.12 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. The company also provides transportation services for coal, petroleum coke, and biomass; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export container traffic. Its rail network includes 32,070 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska.

Franklin Resources, Inc. (BEN) continued its upward trend with the stock climbing 0.99% or $0.4 to close the day at $40.88 on active trading volume of 2.77M shares, compared to its three month average trading volume of 2.71M. The San Mateo California 94403 based company has been outperforming the asset management group over the past 52 weeks, with the stock gaining 32.71%, compared to the industry which has advanced 39.46% over the same period. With RSI of 56.22, the stock should still continue to rise and get closer to its one year target estimate of $38.91, making it a hold for now.

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.

Deere & Company (DE) gained $1.12 to close the day at a new closing price of $110.24, a 1.03% increase in value from its previous closing price that moved the stock 50.8% above its 52 week low of $74.91. A total of 2.76M shares exchanged hands during the day compared with its three month average trading volume of 2.96M. The stock, which fluctuated between $109.15 and $110.39 during the day, currently situated 0.96% above its 52 week high. The stock is up by 4.29% in the past one month and up by 23.05% over the past three months. With a one year target estimate of $102.63 and RSI of 72.25, the stock still has upside potential, making it a sell for now.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

 

Worth Watching Stocks: Humana Inc. (HUM), Deere & Company (DE), Waste Management, Inc. (WM)

Humana Inc. (HUM) saw its value increase by 2.25% as the stock gained $4.4 to finish the day at a closing price of $199.64. The stock was lighter in trading and has fluctuated between $150-$217.8 per share for the past year. The shares, which traded within a range of $189.01 to $199.97 during the day, are up by 14.3% in the past three months and up by 13.05% over the past six months. It is currently trading -0.76% below its 20 day moving average and -1.75% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $226.14 a share over the next twelve months. The current relative strength index (RSI) reading is 47.53.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Humana Inc., together with its subsidiaries, operates as a health and well-being company. The company operates through three segments: Retail, Group, and Healthcare Services. The Retail segment offers Medicare, and commercial fully-insured medical and specialty health insurance benefits, including dental, vision, and other supplemental health and financial protection products directly to individuals. This segment also has contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program; and contracts with various states to provide Medicaid, dual eligible, and long-term support services benefits. The Group segment provides commercial fully-insured medical and specialty health insurance benefits comprising dental, vision, and other supplemental health and voluntary insurance benefits; and administrative services only, and health and wellness products to employer groups. It also offers military services, such as TRICARE South Region contract. The Healthcare Services segment offers pharmacy solutions, provider services, home based services, clinical programs, and predictive modeling and informatics services to its health plan members, as well as to third parties. The company also provides closed-block long-term care insurance policies. As of December 31, 2015, it had approximately 14.2 million members in medical benefit plans, as well as approximately 7.2 million members in specialty products. Humana Inc. was founded in 1961 and is headquartered in Louisville, Kentucky.

Deere & Company (DE) shares were down in last trading by -0.32% to $108.41. It experienced lighter than average volume on day. The stock increased in value by almost 1.18% over the past week and grew 3.06% in the past month. It is currently trading 4.05% above its 50 day moving average and 22.93% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -0.45% decrease in value from its one year high of $108.9. The RSI indicator value of 63, lead us to believe that it is a hold for now.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

Waste Management, Inc. (WM) traded within a range of $69.75 to $70.13 after opening the day at $69.85. The company has seen its stock decrease in value by -1.27% so far this year. The stock was up close to 0.16% on light volume in last trading session and closed at $70.01 per share. After the recent gain, the stock is currently holding -2.47% below its 52 week high of $71.78 and 39.06% above its 12-month low of $52.23. The shares are up by over 8.84% in the last three months, and the RSI indicator value of 54.39 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offer collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, and a material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2015, the company owned or operated 104 MRFs; and 244 solid waste landfills and 5 secure hazardous waste landfills, as well as 297 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services that comprise managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services associated with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services, such as full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. Further, it provides portable self-storage, long distance moving, and fluorescent lamp recycling services; portable restroom services under the name of Port-o-Le; and street and parking lot sweeping services, as well as holds interests in oil and gas producing properties. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.

 

Stocks Under Review: Pioneer Natural Resources Company (PXD), Deere & Company (DE), QVC Group (QVCA)

Pioneer Natural Resources Company (PXD) failed to extend gains with the stock declining -1.5% or $-2.76 to close the day at $181.08 on active trading volume of 2.02M shares, compared to its three month average trading volume of 1.55M. The Irving Texas 75039 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 52.5%, compared to the industry which has advanced 45.35% over the same period. With RSI of 46.65, the stock should still continue to rise and get closer to its one year target estimate of $219.89, making it a hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Deere & Company (DE) grew with the stock adding 0.06% or $0.07 to close at $108.06 on light trading volume of 2.02M compared its three months average trading volume of 3.06M. The Moline Illinois 61265 based company operating under the Farm & Construction Machinery industry has been trending up for the last 52 weeks, with the shares price now 41.71% up for the period and up by 4.87% so far this year. With price target of $102.65 and a 48.08% rebound from 52-week low, Deere & Company has plenty of upside potential, making it a hold with a view buy.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

QVC Group (QVCA) continued its upward trend with the stock climbing 0.27% or $0.05 to close the day at $18.8 on lower than average trading volume of 2.01M shares, compared to its three month average trading volume of 3.08M. The Englewood Colorado 80112 based company has been outperforming the catalog & mail order houses companies by 2.9054% for last three months and its recent gains have offset losses to -5.91% YTD, versus the catalog & mail order houses industry which is up 7.78% for the same period. The RSI of 36.81 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

QVC Group markets and sells a range of consumer products primarily through live merchandise-focused televised shopping programs, Internet, and mobile applications. The company’s Websites offers home, beauty, jewelry, accessories, and electronic products. It also operates as an online retailer of women’s, children’s, and men’s apparel, and children’s merchandise; and kitchen accessories and home décor products, as well as retails products through catalogs, and brick-and-mortar stores. In addition, the company distributes home and apparel lifestyle products under various brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Chasing Fireflies, and Travelsmith. Its programming distributed products to approximately 317 million homes in the United States, Japan, Germany, Austria, the United Kingdom, Ireland, Italy, and China. The company was formerly known as Liberty Interactive Group. QVC Group is based in Englewood, Colorado. QVC Group is a subsidiary of Liberty Interactive Corporation.

 

Trader Alert: Lam Research Corporation (LRCX), Alaska Air Group, Inc. (ALK), Deere & Company (DE)

Lam Research Corporation (LRCX) retreated with the stock falling -0.43% or $-0.51 to close at $117.23 on light trading volume of 1.2M compared its three months average trading volume of 2M. The Fremont California 94538 based company operating under the Semiconductor Equipment & Materials industry has been trending up for the last 52 weeks, with the shares price now 66.69% up for the period and up by 10.88% so far this year. With price target of $131.89 and a 88.65% rebound from 52-week low, Lam Research Corporation has plenty of upside potential, making it a hold with a view buy.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing systems used in the fabrication of integrated circuits. It provides thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition systems to deposit oxides, nitrides, carbides, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; SPEED high-density plasma CVD products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for the treatment of back-end-of-line low-k dielectric films and front-end-of-line silicon nitride strained films. The company also offers plasma etch products, such as Kiyo products that provide solutions for conductor etch applications; Flex products, which offer technologies and application-focused capabilities for dielectric etch applications; and Syndion products that provide solutions to address various through-silicon via etch applications. In addition, it provides single-wafer clean products, including EOS, Da Vinci, DV-Prime, and SP series products for wet etch and clean applications in wafer-level packaging, including silicon substrate thinning, wafer stress relief, underbump metallization etch, and photoresist removal; and Coronus plasma-based bevel clean products to enhance die yield by removing particles, residues, and unwanted films from the wafer’s edge, as well as legacy products. The company offers its products in the United States, Europe, Taiwan, Korea, Japan, China, and Southeast Asia. Lam Research Corporation was founded in 1980 and is headquartered in Fremont, California.

Alaska Air Group, Inc. (ALK) gained $0.9 to close the day at a new closing price of $94.53, a 0.96% increase in value from its previous closing price that moved the stock 74.8% above its 52 week low of $54.51. A total of 1.17M shares exchanged hands during the day compared with its three month average trading volume of 1.21M. The stock, which fluctuated between $92.37 and $94.65 during the day, currently situated -1.81% below its 52 week high. The stock is up by 7.42% in the past one month and up by 32.84% over the past three months. With a one year target estimate of $100.81 and RSI of 59.52, the stock still has upside potential, making it a hold for now.

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through three segments: Alaska Mainline, Alaska Regional, and Horizon. It has a network of approximately 1,200 daily flights to 118 destinations across the United States, Mexico, Canada, Costa Rica, and Cuba. The company was founded in 1932 and is based in Seattle, Washington.

Deere & Company (DE) shares were up in last trading by 0.26% to $107.43. It experienced lighter than average volume on day. The stock decreased in value by almost -0.19% over the past week and grew 3.25% in the past month. It is currently trading 4.23% above its 50 day moving average and 22.56% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.96% decrease in value from its one year high of $108.47. The RSI indicator value of 61.62, lead us to believe that it is a hold for now.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

 

Stocks in the Spotlight: KeyCorp (KEY), Deere & Company (DE), The Home Depot, Inc. (HD)

KeyCorp (KEY) had a active trading with around 8.01M shares changing hands compared to its three month average trading volume of 14.98M. The stock traded between $17.81 and $18.21 before closing at the price of $17.97 with -0.55% change on the day. The Cleveland Ohio 44114 based company is currently trading 86.64% above its 52 week low of $9.88 and -4.26% below its 52 week high of $18.77. Both the RSI indicator and target price of 48.12 and $19.85 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Deere & Company (DE) continued its downward trend with the stock declining -0.01% or $-0.01 to close the day at $107.05 on light trading volume of 1.65M shares, compared to its three month average trading volume of 3.14M. The Moline Illinois 61265 based company has been outperforming the farm & construction machinery group over the past 52 weeks, with the stock gaining 43.35%, compared to the industry which has advanced 52.3% over the same period. With RSI of 60.2, the stock should still continue to rise and get closer to its one year target estimate of $102.65, making it a hold for now.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

The Home Depot, Inc. (HD) shares were down in last trading by -0.64% to $137.58. It experienced lighter than average volume on day. The stock decreased in value by almost -0.35% over the past week and grew 1.84% in the past month. It is currently trading 2.86% above its 50 day moving average and 5.18% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.28% decrease in value from its one year high of $139.37. The RSI indicator value of 60.68, lead us to believe that it is a hold for now.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

 

Stocks in Review: Deere & Company (DE), American Tower Corporation (AMT), Zimmer Biomet Holdings, Inc. (ZBH)

Deere & Company (DE) traded within a range of $107.1 to $107.99 after opening the day at $107.8. The company has seen its stock increase in value by 4.8% so far this year. The stock was up close to 0.33% on light volume in last trading session and closed at $107.99 per share. After the recent gain, the stock is currently holding -0.44% below its 52 week high of $108.47 and 52.43% above its 12-month low of $72.86. The shares are up by over 24.79% in the last three months, and the RSI indicator value of 65.24 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

American Tower Corporation (AMT) failed to extend gains with the stock declining -0.46% or $-0.48 to close the day at $103.82 on light trading volume of 1.21M shares, compared to its three month average trading volume of 2.72M. The Boston Massachusetts 02116 based company has been outperforming the reit – diversified group over the past 52 weeks, with the stock gaining 13.89%, compared to the industry which has advanced 26.35% over the same period. With RSI of 43.14, the stock should still continue to rise and get closer to its one year target estimate of $129.8, making it a hold for now.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.

Zimmer Biomet Holdings, Inc. (ZBH) gained $1.61 to close the day at a new closing price of $116.96, a 1.4% increase in value from its previous closing price that moved the stock 33.64% above its 52 week low of $88.27. A total of 1.2M shares exchanged hands during the day compared with its three month average trading volume of 2.05M. The stock, which fluctuated between $115.52 and $117.8 during the day, currently situated -11.99% below its 52 week high. The stock is up by 13.66% in the past one month and down by -3.18% over the past three months. With a one year target estimate of $130.6 and RSI of 75.48, the stock still has upside potential, making it a sell for now.

Zimmer Biomet Holdings, Inc., together with its subsidiaries, provides musculoskeletal healthcare products and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Americas Spine, Bone Healing, Craniomaxillofacial and Thoracic (CMF), and Dental. It designs, manufactures, and markets orthopaedic reconstructive products, such as knee and hip reconstructive products; S.E.T. products, including surgical, sports medicine, biologics, foot and ankle, extremities, and trauma products; dental products that include dental reconstructive implants, and dental prosthetic and regenerative products; and spine products comprising medical devices and surgical instruments. The company also offers face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest to facilitate healing or reconstruction after open heart surgery, trauma, or for deformities of the chest. In addition, it provides bone cement and bone healing products. The company’s products and solutions are used to treat patients suffering from disorders of, or injuries to, bones, joints, or supporting soft tissues. It serves orthopaedic surgeons, neurosurgeons, oral surgeons, dentists, hospitals, stocking distributors, healthcare dealers, and other specialists, as well as agents, healthcare purchasing organizations, or buying groups. The company was formerly known as Zimmer Holdings, Inc. and changed its name to Zimmer Biomet Holdings, Inc. in June 2015. Zimmer Biomet Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana.

 

Stocks on Trader’s Radar: Republic Services, Inc. (RSG), Ross Stores, Inc. (ROST), Deere & Company (DE)

Republic Services, Inc. (RSG) continued its upward trend with the stock climbing 0.49% or $0.28 to close the day at $57.82 on active trading volume of 2.19M shares, compared to its three month average trading volume of 1.32M. The Phoenix Arizona 85054 based company has been outperforming the waste management group over the past 52 weeks, with the stock gaining 39.21%, compared to the industry which has advanced 25.59% over the same period. With RSI of 66.33, the stock should still continue to rise and get closer to its one year target estimate of $56.67, making it a hold for now.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. It operates in three segments: East, Central, and West. The company’s collection services include curbside collection of waste; supply of waste containers; and renting of compactors. It is also involved in the processing and sale of old corrugated cardboard, old newspapers, aluminum, glass, and other materials; and provision of landfill services. As of December 31, 2015, the company operated through 340 collection operations, 201 transfer stations, 193 active landfills, 67 recycling centers, and 12 salt water disposal wells, as well as 8 treatment, recovery, and disposal facilities in 41 states and Puerto Rico. It also operates 69 landfill gas and renewable energy projects. The company was founded in 1996 and is based in Phoenix, Arizona.

Ross Stores, Inc. (ROST) fell -0.23% during last trading as the stock lost $-0.15 to finish the day at $65.96 with about 2.19M shares changing hands, compared to its three month average trading volume of 2.83M. The $25.98B market cap company, which fluctuated between $65.71 and $66.5 during the day, currently situated 27.73% above its 52 week low of $52 and -5.33% away from its one year high of $69.81. The RSI of 44 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at savings of 20% to 60% off department and specialty store regular prices primarily to middle income households; and dd’s DISCOUNTS stores sell its products at savings of 20% to 70% off moderate department and discount store regular prices to customers from households with moderate income. As of October 10, 2016, it operated 1,342 Ross Dress for Less stores in 36 states, the District of Columbia, and Guam; and 193 dd’s DISCOUNTS stores in 15 states. The company was founded in 1982 and is headquartered in Dublin, California.

Deere & Company (DE) saw its value increase by 0.36% as the stock gained $0.39 to finish the day at a closing price of $108.06. The stock was lighter in trading and has fluctuated between $72.86-$108.47 per share for the past year. The shares, which traded within a range of $107.58 to $108.47 during the day, are up by 25.36% in the past three months and up by 38.6% over the past six months. It is currently trading 2.91% above its 20 day moving average and 6.92% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $102.35 a share over the next twelve months. The current relative strength index (RSI) reading is 66.09. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

 

3 Stocks in Focus: Deere & Company (DE), QEP Resources, Inc. (QEP), Sprouts Farmers Market, Inc. (SFM)

Deere & Company (DE) climbed 0.51% during last trading as the stock added $0.55 to finish the day at $107.67 with about 2.28M shares changing hands, compared to its three month average trading volume of 3.14M. The $33.75B market cap company, which fluctuated between $106.37 and $108 during the day, currently situated 54.57% above its 52 week low of $72.86 and 0.34% away from its one year high of $108. The RSI of 68.91 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

QEP Resources, Inc. (QEP) gained $0.37 to close the day at a new closing price of $18.23, a 2.07% increase in value from its previous closing price that moved the stock 98.8% above its 52 week low of $9.17. A total of 2.27M shares exchanged hands during the day compared with its three month average trading volume of 3.5M. The stock, which fluctuated between $17.86 and $18.41 during the day, currently situated -13.68% below its 52 week high. The stock is down by -4.1% in the past one month and up by 2.36% over the past three months. With a one year target estimate of $25.22 and RSI of 48.32, the stock still has upside potential, making it a hold for now.

QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production company in the United States. The company conducts exploration and production activities in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado. As of December 31, 2015, it had estimated proved reserves of 3,620.2 billion cubic feet of natural gas equivalents. The company sells its gas, oil, and natural gas liquids (NGL) to various customers, including gas-marketing firms, industrial users, local-distribution companies, crude oil refiners, and remarketers, as well as markets affiliate and third-party gas, oil, and NGL volumes. In addition, it operates a gas gathering system and an underground gas storage facility. QEP Resources, Inc. is headquartered in Denver, Colorado.

Sprouts Farmers Market, Inc. (SFM) had a light trading with around 2.27M shares changing hands compared to its three month average trading volume of 2.72M. The stock traded between $18.87 and $19.14 before closing at the price of $19.1 with 1.22% change on the day. The Phoenix Arizona 85054 based company is currently trading 2.14% above its 52 week low of $18.7 and -36.33% below its 52 week high of $30. Both the RSI indicator and target price of 38.11 and $23.81 respectively, lead us to believe that it should be put on hold over the coming weeks.

Sprouts Farmers Market, Inc., together with its subsidiaries, operates as a retailer of fresh, natural, and organic food in the United States. The company’s retail stores offer fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care and natural household items, beer and wine, and dairy alternatives. As of November 3, 2016, it operated 252 stores in 13 states. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona.