Momentum Stocks in Focus: The Progressive Corporation (PGR), PG&E Corporation (PCG), E*TRADE Financial Corporation (ETFC)

The Progressive Corporation (PGR) continued its upward trend with the stock climbing 0.57% or $0.22 to close the day at $38.61 on light trading volume of 2.48M shares, compared to its three month average trading volume of 2.95M. The Mayfield Village Ohio 44143 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 23.08%, compared to the industry which has advanced 27.04% over the same period. With RSI of 77.91, the stock should still continue to rise and get closer to its one year target estimate of $36.77, making it a hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

PG&E Corporation (PCG) grew with the stock adding 0.71% or $0.45 to close at $63.39 on active trading volume of 2.47M compared its three months average trading volume of 2.03M. The San Francisco California 94177 based company operating under the Electric Utilities industry has been trending up for the last 52 weeks, with the shares price now 16.81% up for the period and up by 4.31% so far this year. With price target of $66.25 and a 19.57% rebound from 52-week low, PG&E Corporation has plenty of upside potential, making it a hold with a view buy.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California. The company’s electricity distribution network consists of approximately 142,000 circuit miles of distribution lines, 58 transmission switching substations, and 603 distribution substations; and electricity transmission network comprises approximately 18,400 circuit miles of interconnected transmission lines and 91 electric transmission substations. Its natural gas system consists of approximately 42,800 miles of distribution pipelines, approximately 6,700 miles of backbone and local transmission pipelines, and various storage facilities. The company operates various electricity generation facilities, such as nuclear, hydroelectric, fossil fuel-fired, and photovoltaic. PG&E Corporation was founded in 1905 and is headquartered in San Francisco, California.

E*TRADE Financial Corporation (ETFC) failed to extend gains with the stock declining -0.91% or $-0.34 to close the day at $37.17 on lower than average trading volume of 2.47M shares, compared to its three month average trading volume of 3.08M. The New York New York 10020 based company has been outperforming the investment brokerage – national companies by 10.6116% for last three months and its recent gains have pushed the stock slightly up 7.27% YTD, versus the investment brokerage – national industry which is up 6.92% for the same period. The RSI of 57.52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

 

Momentum Stocks in Focus: E*TRADE Financial Corporation (ETFC), QVC Group (QVCA), The Southern Company (SO)

E*TRADE Financial Corporation (ETFC) continued its upward trend with the stock climbing 1.99% or $0.72 to close the day at $36.88 on light trading volume of 2.56M shares, compared to its three month average trading volume of 3.12M. The New York New York 10020 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 68.71%, compared to the industry which has advanced 66.62% over the same period. With RSI of 56.04, the stock should still continue to rise and get closer to its one year target estimate of $42.82, making it a hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

QVC Group (QVCA) grew with the stock adding 0.95% or $0.18 to close at $19.21 on light trading volume of 1.52M compared its three months average trading volume of 2.79M. The Englewood Colorado 80112 based company operating under the Catalog & Mail Order Houses industry has been trending down for the last 52 weeks, with the shares price now -20.75% down for the period and down by -3.85% so far this year. With price target of $30 and a 7.44% rebound from 52-week low, QVC Group has plenty of upside potential, making it a hold with a view buy.

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.

The Southern Company (SO) failed to extend gains with the stock declining -1.28% or $-0.63 to close the day at $48.59 on higher than average trading volume of 5.32M shares, compared to its three month average trading volume of 4.51M. The Atlanta Georgia 30308 based company has been outperforming the electric utilities companies by 2.8101% for last three months and its recent gains have offset losses to -1.22% YTD, versus the electric utilities industry which is up 1.73% for the same period. The RSI of 46.76 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Southern Company, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, including renewable energy projects. As of December 31, 2015, it operated 33 hydroelectric generating stations, 31 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 16 solar facilities, 1 wind facility, 1 biomass facility, and 1 landfill gas facility. The company also provides digital wireless communications services with various communication options, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data; and wholesale fiber optic solutions to telecommunication providers in the Southeast. The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia.

 

3 Stocks to Watch For: E*TRADE Financial Corporation (ETFC), MannKind Corporation (MNKD), Sarepta Therapeutics, Inc. (SRPT)

E*TRADE Financial Corporation (ETFC) saw its value increase by 1.69% as the stock gained $0.6 to finish the day at a closing price of $36.16. The stock was higher in trading and has fluctuated between $20.31-$38.61 per share for the past year. The shares, which traded within a range of $35.81 to $36.49 during the day, are up by 14.5% in the past three months and up by 43.38% over the past six months. It is currently trading -0.36% below its 20 day moving average and 1.07% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $42.82 a share over the next twelve months. The current relative strength index (RSI) reading is 51.31.The technical indicator lead us to believe there will be no major movement any time soon, hold.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

MannKind Corporation (MNKD) shares were up in last trading by 8.14% to $0.56. It experienced lighter than average volume on day. The stock increased in value by almost 4.05% over the past week and fell -12.86% in the past month. It is currently trading -11.41% below its 50 day moving average and -29.52% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -74.87% decrease in value from its one year high of $2.24. The RSI indicator value of 43.77, lead us to believe that it is a hold for now.

MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes patients in the United States. Its approved product is AFREZZA, a rapid-acting, inhaled insulin used to control high blood sugar in adults with type 1 and type 2 diabetes. MannKind Corporation has license and collaboration agreement with Sanofi-Aventis Deutschland GmbH for the development of AFREZZA. The company was founded in 1991 and is headquartered in Valencia, California.

Sarepta Therapeutics, Inc. (SRPT) traded within a range of $26.26 to $27.85 after opening the day at $27.81. The company has seen its stock increase in value by 0.87% so far this year. The stock was down close to -0.57% on active volume in last trading session and closed at $27.67 per share. After the recent fall, the stock is currently holding -56.58% below its 52 week high of $63.73 and 245.88% above its 12-month low of $8. The shares are down by over -32.51% in the last three months, and the RSI indicator value of 37.5 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Sarepta Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery and development of RNA-based therapeutics for the treatment of rare, infectious, and other diseases. The company’s lead product candidate is Eteplirsen, an antisense phosphorodiamidate morpholino oligomer therapeutic, which is in Phase III clinical development for the treatment of individuals with Duchenne muscular dystrophy (DMD), a genetic muscle-wasting disease caused by the absence of dystrophin. It is also developing exon-skipping drugs for the treatment of DMD; and therapeutic candidates for the treatment of infectious diseases, such as influenza, Marburg, and Ebola. The company has a strategic alliance with Charley’s Fund, Inc. to support the development of product candidates using its proprietary exon-skipping technologies; a license agreement with the University of Western Australia for the use of antisense sequences in the treatment of DMD; and a research collaboration agreement with Catabasis Pharmaceuticals, Inc to explore a combination drug treatment approach for DMD. It also has a research and option agreement with Nationwide Children’s Hospital for microdystrophin gene therapy program. Sarepta Therapeutics, Inc. was founded in 1980 and is headquartered in Cambridge, Massachusetts.

 

Trader Alert: DiamondRock Hospitality Company (DRH), KapStone Paper and Packaging Corporation (KS), E*TRADE Financial Corporation (ETFC)

DiamondRock Hospitality Company (DRH) grew with the stock adding 0.98% or $0.11 to close at $11.3 on active trading volume of 3.23M compared its three months average trading volume of 2.94M. The Bethesda Maryland 20814 based company operating under the REIT – Hotel/Motel industry has been trending up for the last 52 weeks, with the shares price now 47.41% up for the period and down by -1.99% so far this year. With price target of $11.06 and a 53.29% rebound from 52-week low, DiamondRock Hospitality Company has plenty of upside potential, making it a hold with a view buy.

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America. The company operates its hotels under the Hilton, Marriott, and Westin brand names in New York, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the United States Virgin Islands and Colorado. As of December 16, 2011, it owned 26 hotels with approximately 12000 rooms. The company qualifies as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2004 and is based in Bethesda, Maryland.

KapStone Paper and Packaging Corporation (KS) dropped $-1.07 to close the day at a new closing price of $22.73, a -4.5% decrease in value from its previous closing price that moved the stock 160.48% above its 52 week low of $8.95. A total of 3.21M shares exchanged hands during the day compared with its three month average trading volume of 926.16K. The stock, which fluctuated between $21.62 and $23.66 during the day, currently situated -9.01% below its 52 week high. The stock is up by 1.56% in the past one month and up by 21.76% over the past three months. With a one year target estimate of $25.28 and RSI of 45.14, the stock still has upside potential, making it a hold for now.

KapStone Paper and Packaging Corporation manufactures and sells containerboards, corrugated products, and specialty paper products in the United States and internationally. The company operates in two segments, Paper and Packaging, and Distribution. The Paper and Packaging segment offers containerboards consisting of linerboard and corrugated medium to manufacture corrugated containers for packaging products; and corrugated products. It also offers specialty paper products, including kraft paper comprising multiwall paper used to produce bags for agricultural products, pet food, baking products, cement and chemicals, and grocery bags; specialty conversion products, such as wrapping paper products, dunnage bags, and roll wraps; and lightweight paper. In addition, this segment provides saturating kraft paper under the Durasorb trade name for use in construction, electronics manufacturing, and furniture manufacturing industries; and unbleached folding carton board under the Kraftpak trade name to integrated and independent converters in the folding carton industry. The Distribution segment distributes corrugated and other specialty packaging products, which include stretch films, void fills, carton sealing tapes, and other specialty tapes to the packaging services and distribution industry. KapStone Paper and Packaging Corporation was founded in 2005 and is headquartered in Northbrook, Illinois.

E*TRADE Financial Corporation (ETFC) shares were up in last trading by 2.11% to $35.8. It experienced lighter than average volume on day. The stock increased in value by almost 4.53% over the past week and fell -2.69% in the past month. It is currently trading 0.25% above its 50 day moving average and 23.1% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.28% decrease in value from its one year high of $38.61. The RSI indicator value of 47.89, lead us to believe that it is a hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

 

Traders Recap: Calpine Corporation (CPN), Antero Midstream Partners LP (AM), E*TRADE Financial Corporation (ETFC)

Calpine Corporation (CPN) continued its downward trend with the stock declining -0.18% or $-0.02 to close the day at $11.1 on lower than average trading volume of 3.93M shares, compared to its three month average trading volume of 4.29M. The Houston Texas 77002 based company has been outperforming the electric utilities companies by -0.3781% for last three months and its recent losses have pulled the stock down -2.89% YTD, versus the electric utilities industry which is up 0.7% for the same period. The RSI of 38.26 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities and other governmental entities, and power marketers, as well as retail commercial, industrial, and residential customers. As of February 5, 2016, it owned and operated 84 power plants, including 1 under construction with an aggregate generation capacity of 27,282 megawatts and 760 megawatts under construction. Calpine Corporation was founded in 1984 and is based in Houston, Texas.

Antero Midstream Partners LP (AM) had a light trading with around 3.92M shares changing hands compared to its three month average trading volume of 431.96K. The stock traded between $34.17 and $35.27 before closing at the price of $35.14 with 3.69% change on the day. The Denver Colorado 80202 based company is currently trading 100.47% above its 52 week low of $18.77 and 1.39% above its 52 week high of $35.27. Both the RSI indicator and target price of 70.54 and $37.54 respectively, lead us to believe that it could drop over the coming weeks.

Antero Midstream Partners LP owns, operates, and develops midstream energy assets. Its assets include 8-, 12-, 16-, and 20-inch high and low pressure gathering pipelines and compressor stations that collect natural gas, and oil and condensate from wells in the Marcellus Shale in West Virginia and the Utica Shale in Ohio, as well as water handling and treatment assets. As of December 31, 2015, the company’s Marcellus and Utica Shale gathering systems comprised 182 miles and 110 miles of pipelines; and water handling systems had 184 miles and 75 miles of pipelines. Antero Resources Midstream Management LLC serves as the general partner of the company. The company was founded in 2013 and is headquartered in Denver, Colorado. Antero Midstream Partners LP operates as a subsidiary of Antero Resources Corporation.

E*TRADE Financial Corporation (ETFC) traded within a range of $34.89 to $35.51 after opening the day at $34.97. The company has seen its stock increase in value by 1.88% so far this year. The stock was up close to 1.44% on active volume in last trading session and closed at $35.3 per share. After the recent gain, the stock is currently holding -8.57% below its 52 week high of $38.61 and 80.01% above its 12-month low of $19.61. The shares are up by over 27.76% in the last three months, and the RSI indicator value of 43.82 is neither bullish nor bearish, tempting investors to stay on the sidelines.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

 

Trader Alert: E*TRADE Financial Corporation (ETFC), Oasis Petroleum Inc. (OAS), The Western Union Company (WU)

E*TRADE Financial Corporation (ETFC) grew with the stock adding 1.52% or $0.52 to close at $34.77 on active trading volume of 6.66M compared its three months average trading volume of 3.16M. The New York New York 10020 based company operating under the Investment Brokerage – National industry has been trending up for the last 52 weeks, with the shares price now 50.13% up for the period and up by 0.35% so far this year. With price target of $42.61 and a 77.31% rebound from 52-week low, E*TRADE Financial Corporation has plenty of upside potential, making it a hold with a view buy.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

Oasis Petroleum Inc. (OAS) gained $0.29 to close the day at a new closing price of $14.57, a 2.03% increase in value from its previous closing price that moved the stock 263.34% above its 52 week low of $4.01. A total of 6.57M shares exchanged hands during the day compared with its three month average trading volume of 10M. The stock, which fluctuated between $14.05 and $14.65 during the day, currently situated -14.7% below its 52 week high. The stock is down by -10.17% in the past one month and up by 46.29% over the past three months. With a one year target estimate of $17.07 and RSI of 47.38, the stock still has upside potential, making it a hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

The Western Union Company (WU) shares were up in last trading by 1.22% to $19.97. It experienced higher than average volume on day. The stock increased in value by almost 1.94% over the past week and fell -10.89% in the past month. It is currently trading -6.25% below its 50 day moving average and -0.83% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -12.03% decrease in value from its one year high of $22.7. The RSI indicator value of 35.94, lead us to believe that it is a hold for now.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago Fácil, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.

 

3 Stocks in Focus: The Southern Company (SO), E*TRADE Financial Corporation (ETFC), Stanley Black & Decker, Inc. (SWK)

The Southern Company (SO) climbed 1.58% during last trading as the stock added $0.77 to finish the day at $49.43 with about 5.86M shares changing hands, compared to its three month average trading volume of 4.99M. The $48.44B market cap company, which fluctuated between $48.68 and $49.6 during the day, currently situated 9.78% above its 52 week low of $46.2 and -7.5% away from its one year high of $54.64. The RSI of 60.71 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Southern Company, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, including renewable energy projects. As of December 31, 2015, it operated 33 hydroelectric generating stations, 31 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 16 solar facilities, 1 wind facility, 1 biomass facility, and 1 landfill gas facility. The company also provides digital wireless communications services with various communication options, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data; and wholesale fiber optic solutions to telecommunication providers in the Southeast. The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia.

E*TRADE Financial Corporation (ETFC) dropped $-0.5 to close the day at a new closing price of $37.45, a -1.32% decrease in value from its previous closing price that moved the stock 90.97% above its 52 week low of $19.61. A total of 3.37M shares exchanged hands during the day compared with its three month average trading volume of 2.92M. The stock, which fluctuated between $37.08 and $37.9 during the day, currently situated -3% below its 52 week high. The stock is up by 8.27% in the past one month and up by 32.29% over the past three months. With a one year target estimate of $41.03 and RSI of 60.17, the stock still has upside potential, making it a hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

Stanley Black & Decker, Inc. (SWK) had a active trading with around 1.25M shares changing hands compared to its three month average trading volume of 1.06M. The stock traded between $123.19 and $125.15 before closing at the price of $124 with -0.85% change on the day. The New Britain Connecticut 06053 based company is currently trading 42.61% above its 52 week low of $88.72 and -3.7% below its 52 week high of $128.77. Both the RSI indicator and target price of 67.27 and $131.08 respectively, lead us to believe that it should be put on hold over the coming weeks.

Stanley Black & Decker, Inc. engages in tools and storage, security, and industrial product businesses in the United States. Its Tools & Storage segment provides corded and cordless electric power tools and equipment, including drills, wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staples, and anchors; lawn and garden products comprising trimmers, mowers, edgers, and related accessories; home products, such as vacuums, paint tools, and cleaning appliances; power tool accessories that include drill and router bits, abrasives, and saw blades; measuring, leveling, and layout tools; planes, hammers, demolition tools, knives, saws, chisels, and industrial and automotive tools; and storage products, such as tool boxes, sawhorses, medical cabinets, and engineered storage solutions. The company’s Security segment offers electronic security systems; provides alarm monitoring, video surveillance, systems integration, and system maintenance services; markets asset tracking, infant protection, pediatric protection, patient protection, wander management, fall management, and emergency call products; sells automatic doors, commercial hardware, locking mechanisms, electronic keyless entry systems, keying systems, and tubular and mortise door locksets. Its Industrial segment sells fastening products and systems comprising stud welding systems, blind rivets and tools, blind inserts and tools, drawn arc weld studs, plastic and mechanical fasteners, self-piercing riveting systems, nut running systems, micro fasteners, high-strength structural fasteners, and hydraulic tools and accessories; sells and rents custom pipe handling, joint welding, and coating equipment; and provides pipeline inspection services. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in March 2010. The company was founded in 1843 and is headquartered in New Britain, Connecticut.

 

Stocks Under Review: E*TRADE Financial Corporation (ETFC), American International Group, Inc. (AIG), The Walt Disney Company (DIS)

E*TRADE Financial Corporation (ETFC) continued its upward trend with the stock climbing 2.3% or $0.86 to close the day at $38.27 on active trading volume of 5.63M shares, compared to its three month average trading volume of 2.94M. The New York New York 10020 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 64.53%, compared to the industry which has advanced 54.92% over the same period. With RSI of 71.14, the stock should still continue to rise and get closer to its one year target estimate of $41.03, making it a hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

American International Group, Inc. (AIG) retreated with the stock falling -1.23% or $-0.81 to close at $65.21 on light trading volume of 5.61M compared its three months average trading volume of 6.23M. The New York New York 10038 based company operating under the Property & Casualty Insurance industry has been trending up for the last 52 weeks, with the shares price now 21.88% up for the period and down by -0.15% so far this year. With price target of $72.13 and a 36.12% rebound from 52-week low, American International Group, Inc. has plenty of upside potential, making it a hold with a view buy.

American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance and Consumer Insurance. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis management causality insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products; various insurance products for small and medium sized enterprises; and professional liability insurance products. It also provides mortgage guaranty insurance; stable value wrap products, and structured settlement and terminal funding annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent retail and wholesale brokers, agency network, specialized marketing and consulting firms, and structured settlement brokers. Its Consumer Insurance segment offers retirement products, such as fixed annuities, and immediate and deferred income annuities; variable and fixed index annuities; and mutual funds, and plan administrative and compliance services. This segment’s products also include term and whole life, cancer, and critical illness insurance products; personal accident and supplemental health products; travel insurance products and services; automobile and homeowners, and extended warranty insurance; and identity theft and credit card protection products. It sells its products through agents, direct marketing, independent marketing organizations, financial advisors, banks, wirehouses, and broker-dealers. The company was founded in 1919 and is based in New York, New York.

The Walt Disney Company (DIS) continued its upward trend with the stock climbing 1.15% or $1.24 to close the day at $109.3 on lower than average trading volume of 5.57M shares, compared to its three month average trading volume of 8.19M. The Burbank California 91521 based company has been outperforming the entertainment – diversified companies by 17.6404% for last three months and its recent gains have pushed the stock slightly up 4.87% YTD, versus the entertainment – diversified industry which is up 6.9% for the same period. The RSI of 67.66 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company’s Media Networks segment operates cable programming services, including the ESPN, Disney channels, and Freeform networks; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio Network; and the Radio Disney network. It also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats, such as DVD, Blu-Ray, and iTunes. Its Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida and the Disneyland Resort in California. This segment also operates Disney Resort & Spa in Hawaii, Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and manages Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, as well as licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort in Japan. The company’s Studio Entertainment segment produces and acquires live-action and animated motion pictures for distribution in the theatrical, home entertainment, and television markets primarily under the Walt Disney Pictures, Pixar, Marvel, Lucasfilm, and Touchstone banners. This segment also produces stage plays and musical recordings; licenses and produces live entertainment events; and provides visual and audio effects, and other post-production services. Its Consumer Products & Interactive Media segment licenses its trade names, characters, and visual and literary properties; develops and publishes games for mobile platforms; and sells its products through The Disney Store, DisneyStore.com, and MarvelStore.com, as well as directly to retailers. The company was founded in 1923 and is based in Burbank, California.

 

Stocks Under Consideration: Biogen Inc. (BIIB), E*TRADE Financial Corporation (ETFC), The PNC Financial Services Group, Inc. (PNC)

Biogen Inc. (BIIB) retreated with the stock falling -0.21% or $-0.58 to close at $273.24 on active trading volume of 2.51M compared its three months average trading volume of 1.82M. The Cambridge Massachusetts 02142 based company operating under the Biotechnology industry has been trending up for the last 52 weeks, with the shares price now 5.14% up for the period and down by -3.65% so far this year. With price target of $340.46 and a 22.52% rebound from 52-week low, Biogen Inc. has plenty of upside potential, making it a hold with a view buy.

Biogen Inc. discovers, develops, manufactures, and delivers therapies for the treatment of neurodegenerative diseases, hematologic conditions, and autoimmune disorders. It offers TECFIDERA, AVONEX, and PLEGRIDY to treat relapsing forms of multiple sclerosis (MS); TYSABRI to treat relapsing forms of MS and Crohn’s disease; and FAMPYRA to improve walking ability for patients with MS. The company also provides ELOCTATE to treat hemophilia A for control of bleeding episodes; ALPROLIX to treat hemophilia B for control of bleeding episodes; RITUXAN for treating non-Hodgkin’s lymphoma, rheumatoid arthritis, and chronic lymphocytic leukemia (CLL); GAZYVA for the treatment of patients with previously untreated CLL; and FUMADERM to treat plaque psoriasis. The company’s products in Phase III development stage comprise ZINBRYTA, a monoclonal antibody for the treatment of relapsing-remitting MS; Aducanumab for Alzheimer’s disease; and ISIS-SMNRx for spinal muscular atrophy. Its Phase II clinical trial products include Anti-LINGO for optic neuritis and MS; Amiselimod for multiple autoimmune indications; BAN2401 and E2609 for Alzheimer’s disease; Raxatrigine for trigeminal neuralgia; rAAV-XLRS for X-linked juvenile retinoschisis; and BG00011 for idiopathic pulmonary fibrosis. Its Phase I clinical trial products comprise Dapirolizumab pegol for systemic lupus erythematosus (SLE); ISIS – DMPK for myotonic dystrophy; Anti-BDCA2 for SLE; Anti-alpha-synuclein for Parkinson’s disease; and BIIB063 for sjogren’s syndrome. The company has a strategic research collaboration with Ionis Pharmaceuticals, Inc.; and an agreement with Siemens Healthineers to develop new magnetic resonance imaging tools for multiple sclerosis. It offers products through its sales force, marketing groups, and third parties worldwide. The company was formerly known as Biogen Idec Inc. and changed its name to Biogen Inc. in March 2015. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts.

E*TRADE Financial Corporation (ETFC) had a light trading with around 2.47M shares changing hands compared to its three month average trading volume of 2.95M. The stock traded between $36.74 and $37.33 before closing at the price of $36.99 with 0.74% change on the day. The New York New York 10020 based company is currently trading 88.63% above its 52 week low of $19.61 and -1.07% below its 52 week high of $37.39. Both the RSI indicator and target price of  and $40.41 respectively, lead us to believe that it could rise over the coming weeks.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

The PNC Financial Services Group, Inc. (PNC) saw its value increase by 1.98% as the stock gained $2.35 to finish the day at a closing price of $121.01. The stock was lighter in trading and has fluctuated between $77.4-$121.33 per share for the past year. The shares, which traded within a range of $119.53 to $121.19 during the day, are up by 30.68% in the past three months and up by 47.91% over the past six months. It is currently trading 3.12% above its 20 day moving average and 6.23% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $124.23 a share over the next twelve months. The current relative strength index (RSI) reading is 61.17.The technical indicator lead us to believe there will be no major movement any time soon, hold.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company’s Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management services to consumer and small business customers through branch network, ATMs, call centers, online banking, and mobile channels. As of March 31, 2016, this segment operated a network of 2,613 branches and 8,940 ATMs. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, equipment leases, cash and investment management, receivables management, disbursement and funds transfer, information reporting, trade services, foreign exchange, derivatives, securities, loan syndications, mergers and acquisitions advisory, equity capital markets advisory, and related services for corporations, government, and not-for-profit entities. This segment also offers commercial loan servicing, and real estate advisory and technology solutions for the commercial real estate finance industry. The company’s Asset Management Group segment provides investment and retirement planning, customized investment management, private banking, tailored credit solutions, and trust management and administration for individuals and their families; multi-generational family planning products; and mutual funds and institutional asset management services. Its Residential Mortgage Banking segment offers first lien residential mortgage loans. The company’s BlackRock segment provides investment and risk management services to institutional and retail clients. Its Non-Strategic Assets Portfolio segment offers consumer residential mortgage, brokered home equity loans, and lines of credit, as well as commercial real estate loans and leases. The PNC Financial Services Group, Inc. was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

 

Stocks Buzz: E*TRADE Financial Corporation (ETFC), United Continental Holdings, Inc. (UAL), Honeywell International Inc. (HON)

E*TRADE Financial Corporation (ETFC) managed to rebound with the stock climbing 0.41% or $0.15 to close the day at $36.39 on light trading volume of 2.97M shares, compared to its three month average trading volume of 3.18M. The New York New York 10020 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 49.75%, compared to the industry which has advanced 54.05% over the same period. With RSI of 56.81, the stock should still continue to rise and get closer to its one year target estimate of $40.41, making it a hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

United Continental Holdings, Inc. (UAL) grew with the stock adding 1.65% or $1.22 to close at $75.24 on light trading volume of 2.97M compared its three months average trading volume of 3.99M. The Chicago Illinois 60606 based company operating under the Major Airlines industry has been trending up for the last 52 weeks, with the shares price now 65.98% up for the period and up by 3.24% so far this year. With price target of $85.28 and a 101.12% rebound from 52-week low, United Continental Holdings, Inc. has plenty of upside potential, making it a hold with a view buy.

United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. The company transports people and cargo through its mainline and regional operations. As of December 31, 2015, it operated 1,236 aircraft. United Continental Holdings, Inc. also sells fuel; and offers catering, ground handling, and maintenance services for third parties. The company was formerly known as UAL Corporation and changed its name to United Continental Holdings, Inc. in October 2010. United Continental Holdings, Inc. was founded in 1934 and is headquartered in Chicago, Illinois.

Honeywell International Inc. (HON) continued its downward trend with the stock declining -0.08% or $-0.09 to close the day at $117.82 on lower than average trading volume of 2.94M shares, compared to its three month average trading volume of 3.33M. The Morris Plains New Jersey 07950 based company has been outperforming the diversified machinery companies by 9.385% for last three months and its recent gains have pushed the stock slightly up 1.7% YTD, versus the diversified machinery industry which is up 0.42% for the same period. The RSI of 58.13 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors, as well as spare parts, and repair and maintenance services for the aftermarket. This segment also provides auxiliary power units; propulsion engines; environmental control, connectivity, electric power, flight safety, communication, navigation, radar, surveillance, and thermal systems; engine controls; aircraft lighting products, as well as wheels and brakes; advanced systems and instruments; and turbochargers, as well as management, technical, logistics, repair, and overhaul services to original equipment manufacturers in the air transport, regional, business, and general aviation aircraft; and automotive and truck manufacturers. The company’s Home and Building Technologies segment offers environmental and energy, security and fire, and building solutions. Its Safety and Productivity Solutions segment provides sensing and productivity Solutions, and industrial safety products. Its Performance Materials and Technologies segment provides catalysts and adsorbents; equipment and consulting services for the petroleum refining, gas processing, petrochemical, and other industries; and automation control, instrumentation, software, and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, metals, minerals, and mining industries. It also offers fluorocarbons, hydrofluoroolefins, caprolactam, resins, ammonium sulfate fertilizers, phenol, specialty films, waxes, additives, fibers, research chemicals and intermediates, and electronic materials and chemicals. The company was founded in 1920 and is based in Morris Plains, New Jersey.