Three Movers to Watch for: Energy Transfer Partners, L.P. (ETP), Freeport-McMoRan Inc. (FCX), First Data Corporation (FDC)

Energy Transfer Partners, L.P. (ETP) grew with the stock adding 2.92% or $1.12 to close at $39.53 on light trading volume of 3.5M compared its three months average trading volume of 3.95M. The Dallas Texas 75225 based company operating under the Oil & Gas Pipelines industry has been trending up for the last 52 weeks, with the shares price now 62.63% up for the period and up by 13.43% so far this year. With price target of $43.95 and a 81.98% rebound from 52-week low, Energy Transfer Partners, L.P. has plenty of upside potential, making it a hold with a view buy.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company’s Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas, and through ET fuel system and HPL system. It owns and operates 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas. Its Interstate Transportation and Storage segment provides natural gas transportation and storage services; owns and operates approximately 12,300 miles of interstate natural gas pipeline; and has interests in various natural gas pipelines. The company’s Midstream segment gathers, compresses, treats, blends, processes, and markets natural gas. It owns and operates 35,000 miles of in service natural gas, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities. The company’s Liquids Transportation and Services segment transports mixed NGLs and other hydrocarbons; stores mixed NGLs, NGL products, and petrochemical products; and separates mixed NGL streams into purity products. It owns and operates various NGL pipelines, and NGL storage facilities with aggregate storage capacity of approximately 51 million barrels. Its Investment in Sunoco Logistics segment gathers, purchases, markets, and sells crude oil; and owns and operates 1,800 miles of refined products pipelines. The company’s Retail Marketing segment sells motor fuel and merchandise at company-operated retail locations and branded convenience stores in 14 states, primarily on the east coast and south regions of the United States. Its Other segment provides natural gas compression equipment and compression services; manages coal and natural resources property, sells standing timber, and leases coal-related infrastructure facilities; and generates electrical power. The company was founded in 1995 and is based in Dallas, Texas.

Freeport-McMoRan Inc. (FCX) dropped $-0.06 to close the day at a new closing price of $15.9, a -0.38% decrease in value from its previous closing price that moved the stock 174.14% above its 52 week low of $6.55. A total of 23.41M shares exchanged hands during the day compared with its three month average trading volume of 30.89M. The stock, which fluctuated between $15.56 and $15.99 during the day, currently situated -6.8% below its 52 week high. The stock is up by 4.67% in the past one month and up by 14.06% over the past three months. With a one year target estimate of $14.76 and RSI of 52.13, the stock still has upside potential, making it a hold for now.

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

First Data Corporation (FDC) shares were up in last trading by 0.68% to $16.25. It experienced higher than average volume on day. The stock increased in value by almost 4.84% over the past week and grew 5.31% in the past month. It is currently trading 8.02% above its 50 day moving average and 21.18% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -2.29% decrease in value from its one year high of $16.63. The RSI indicator value of 65.31, lead us to believe that it is a hold for now.

First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. It operates through three segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. The Global Business Solutions segment offers retail point-of-sale merchant acquiring and e-commerce services; and next-generation offerings, such as mobile payment services and webstore-in-a-box solutions, as well as its cloud-based Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications. The Global Financial Solutions segment provides credit solutions for bank and non-bank issuers, including credit and retail private-label card processing solutions; and licensed financial software systems, such as VisionPLUS bank processing application and lending solutions. This segment also offers a suite of related services, including card personalization and embossing, statement printing, client service, and remittance processing services to financial institutions. The Network & Security Solutions segment provides various value-added solutions, which include electronic funds transfer network solutions, such as debit card processing solutions; stored value network solutions; and security and fraud management solutions. This segment also supports its online and mobile banking digital strategies, and its business supporting mobile wallets. First Data Corporation was founded in 1989 and is headquartered in Atlanta, Georgia.

 

3 Stocks in Focus: Activision Blizzard, Inc. (ATVI), Mead Johnson Nutrition Company (MJN), Freeport-McMoRan Inc. (FCX)

Activision Blizzard, Inc. (ATVI) climbed 18.88% during last trading as the stock added $7.5 to finish the day at $47.23 with about 51.7M shares changing hands, compared to its three month average trading volume of 8.29M. The $35.14B market cap company, which fluctuated between $44.93 and $47.64 during the day, currently situated 79.74% above its 52 week low of $28.55 and 3.69% away from its one year high of $47.64. The RSI of 84.49 indicates the stock is overbought at the current levels, sell for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Mead Johnson Nutrition Company (MJN) gained $4.67 to close the day at a new closing price of $87.72, a 5.62% increase in value from its previous closing price that moved the stock 30.69% above its 52 week low of $69.25. A total of 50.31M shares exchanged hands during the day compared with its three month average trading volume of 2.23M. The stock, which fluctuated between $86.95 and $87.84 during the day, currently situated -6.04% below its 52 week high. The stock is up by 24.58% in the past one month and up by 18.89% over the past three months. With a one year target estimate of $81.7 and RSI of 76.75, the stock still has upside potential, making it a sell for now.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children’s nutrition, and other nutritional products. It offers routine infant formula products as a breast milk substitute for healthy infants for use as the infant’s source of nutrition, as well as a supplement to breastfeeding under the Enfamil Premium, Enfapro Premium, Enfalac A+, and Enfamil A+ names; and solutions products to address common feeding tolerance problems, including spit-up, fussiness, gas, and lactose intolerance under the Enfamil Gentlease, Enfamil A.R., Enfamil ProSobee, and Enfamil LactoFree names. The company also provides specialty formula products, including formulas for addressing special medical needs, such as Nutramigen for cow’s milk protein allergies, as well as Puramino, an amino acid formula for cow’s milk protein allergies or multiple other food allergies; Enfamil Premature to meet the needs of premature and low birth weight infants; EnfaCare, a hypercaloric formula for premature babies at home; and produces medical foods for nutritional management of individuals with rare, inborn errors of metabolism comprising maple syrup urine disease and phenylketonuria. In addition, it offers children’s nutrition products comprising products for meeting children’s nutritional needs at toddlers and older children stage, as well as offer milk modifiers under the Enfagrow, Sustagen, Lactum, ChocoMilk, and Cal-C-Tose names; a range of other products, including pre-natal and post-natal nutritional supplements for expectant and nursing mothers under the Expecta and EnfaMama names; and pediatric vitamin products under the Enfamil Poly-Vi-Sol name, as well as multivitamins and iron supplements for infants. The company sells its products to mothers, health care professionals, and retailers in approximately 50 countries in Asia, North America, Latin America, and Europe. Mead Johnson Nutrition Company was founded in 1905 and is headquartered in Glenview, Illinois.

Freeport-McMoRan Inc. (FCX) had a active trading with around 45.36M shares changing hands compared to its three month average trading volume of 32.22M. The stock traded between $15.74 and $16.56 before closing at the price of $15.8 with 2.66% change on the day. The Phoenix Arizona 85004 based company is currently trading 239.78% above its 52 week low of $5.8 and -7.39% below its 52 week high of $17.06. Both the RSI indicator and target price of 50.26 and $14.76 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

3 Stocks in Focus: Twitter, Inc. (TWTR), General Electric Company (GE), Freeport-McMoRan Inc. (FCX)

Twitter, Inc. (TWTR) climbed 2.52% during last trading as the stock added $0.46 to finish the day at $18.72 with about 37.12M shares changing hands, compared to its three month average trading volume of 16.29M. The $13.51B market cap company, which fluctuated between $18.05 and $18.77 during the day, currently situated 36.34% above its 52 week low of $13.73 and -25.86% away from its one year high of $25.25. The RSI of 64.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.

General Electric Company (GE) dropped $-0.13 to close the day at a new closing price of $29.43, a -0.44% decrease in value from its previous closing price that moved the stock 11.16% above its 52 week low of $27.1. A total of 32.09M shares exchanged hands during the day compared with its three month average trading volume of 31.69M. The stock, which fluctuated between $29.26 and $29.54 during the day, currently situated -10.12% below its 52 week high. The stock is down by -6.45% in the past one month and up by 0.41% over the past three months. With a one year target estimate of $34.13 and RSI of 25.76, the stock still has upside potential, making it a buy for now.

General Electric Company operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

Freeport-McMoRan Inc. (FCX) had a light trading with around 30.14M shares changing hands compared to its three month average trading volume of 33.58M. The stock traded between $15.23 and $15.79 before closing at the price of $15.53 with 0.06% change on the day. The Phoenix Arizona 85004 based company is currently trading 233.98% above its 52 week low of $4.65 and -8.97% below its 52 week high of $17.06. Both the RSI indicator and target price of 47.17 and $14.47 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

3 Stocks in Focus: General Electric Company (GE), Freeport-McMoRan Inc. (FCX), Intel Corporation (INTC)

General Electric Company (GE) fell -0.13% during last trading as the stock lost $-0.04 to finish the day at $29.66 with about 23.19M shares changing hands, compared to its three month average trading volume of 32.18M. The $262.21B market cap company, which fluctuated between $29.57 and $29.75 during the day, currently situated 12.03% above its 52 week low of $27.1 and -9.42% away from its one year high of $33. The RSI of 29.83 indicates the stock is oversold at the current levels, buy for now.

General Electric Company operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

Freeport-McMoRan Inc. (FCX) gained $0.17 to close the day at a new closing price of $16, a 1.07% increase in value from its previous closing price that moved the stock 244.09% above its 52 week low of $4.65. A total of 22.92M shares exchanged hands during the day compared with its three month average trading volume of 33.74M. The stock, which fluctuated between $15.71 and $16.15 during the day, currently situated -6.21% below its 52 week high. The stock is up by 9.44% in the past one month and up by 49.11% over the past three months. With a one year target estimate of $14.47 and RSI of 51.69, the stock still has upside potential, making it a hold for now.

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

Intel Corporation (INTC) had a active trading with around 21.16M shares changing hands compared to its three month average trading volume of 20.8M. The stock traded between $36.15 and $36.51 before closing at the price of $36.27 with -0.68% change on the day. The Santa Clara California 95054 based company is currently trading 35.13% above its 52 week low of $27.68 and -5% below its 52 week high of $38.45. Both the RSI indicator and target price of 48.45 and $41.15 respectively, lead us to believe that it should be put on hold over the coming weeks.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services, and All Other segments. The company’s platforms are used in various computing applications comprising notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, retail devices, and manufacturing devices, as well as for retail, transportation, industrial, buildings, home use, and other market segments. It offers microprocessors that processes system data and controls other devices in the system; chipsets, which send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives; and system-on-chip products that integrate its central processing units with other system components onto a single chip. The company also provides communication and connectivity offerings, such as baseband processors, radio frequency transceivers, and power management integrated circuits; and tablet, phone, and Internet of Things solutions, which include multimode 4G LTE modems, Bluetooth technology and GPS receivers, software solutions, and interoperability tests, as well as home gateway and set-top box components. In addition, it offers security solutions for computers, mobile devices, and networks, as well as software and services for technology integration; NAND flash memory products, which are used in solid-state drives; and custom foundry services, including custom silicon, packaging, and manufacturing test services. The company sells its products primarily to original equipment manufacturers, original design manufacturers, and industrial and communications equipment manufacturers in the computing and communications industries. Intel Corporation was founded in 1968 and is based in Santa Clara, California.

 

Stocks in the Spotlight: Freeport-McMoRan Inc. (FCX), Verizon Communications Inc. (VZ), Symantec Corporation (SYMC)

Freeport-McMoRan Inc. (FCX) had a light trading with around 18.1M shares changing hands compared to its three month average trading volume of 33.11M. The stock traded between $16.61 and $16.89 before closing at the price of $16.81 with -0.18% change on the day. The Phoenix Arizona 85004 based company is currently trading 294.6% above its 52 week low of $4.65 and -1.47% below its 52 week high of $17.06. Both the RSI indicator and target price of 62.06 and $14.23 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Verizon Communications Inc. (VZ) continued its downward trend with the stock declining -0.23% or $-0.11 to close the day at $48.28 on active trading volume of 17.76M shares, compared to its three month average trading volume of 15.58M. The New York New York 10036 based company has been underperforming the telecom services – domestic group over the past 52 weeks, with the stock losing -0.48%, compared to the industry which has advanced 8.65% over the same period. With RSI of 28.81, the stock should still continue to rise and get closer to its one year target estimate of $52.19, making it a hold for now.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, as well as offers wireless devices, including smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The company’s Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, including collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services. This segment also offers IoT services; data security services; voice and data services; and data, voice, local dial tone, and broadband services primarily to local, long distance, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

Symantec Corporation (SYMC) shares were up in last trading by 1.87% to $27.76. It experienced higher than average volume on day. The stock increased in value by almost 2.02% over the past week and grew 15.62% in the past month. It is currently trading 10.53% above its 50 day moving average and 24.27% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.22% increase in value from its one year high of $27.84. The RSI indicator value of 77.59, lead us to believe that it may reverse gains in the near term.

Symantec Corporation, together with its subsidiaries, provides cybersecurity solutions worldwide. It operates through two segments, Consumer Security and Enterprise Security. The Consumer Security segment offers Norton-branded services that provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals, families, and small businesses. Its Norton Security products help customers protect against complex threats and address the need for identity protection, while also managing mobile and digital data, such as personal financial records, photos, music, and videos. The Enterprise Security segment provides threat protection products, information protection products, cyber security services, and Website security offerings. Its products protect customer data from threats, such as advanced protection threats, malicious spam and phishing attacks, malware, drive-by Website infections, hackers, and cyber criminals; prevent the loss of confidential data by insiders; and help customers achieve and maintain compliance with laws and regulations. This segment delivers its solutions through various methods, such as software, appliance, software-as-a-service, and managed services. The company serves individuals, households, and small businesses; small, medium, and large enterprises; and government and public sector customers. It markets and sells its products and related services through direct sales force, e-commerce platforms, distributors, direct marketers, Internet-based resellers, system builders, Internet service providers, wireless carriers, retailers, original equipment manufacturers, and retail and online stores. Symantec Corporation was founded in 1982 and is headquartered in Mountain View, California.

 

Stocks Roundup: Freeport-McMoRan Inc. (FCX), First Data Corporation (FDC), EQT Corporation (EQT)

Freeport-McMoRan Inc. (FCX) grew with the stock adding 2.46% or $0.4 to close at $16.65 on light trading volume of 25.3M compared its three months average trading volume of 33.18M. The Phoenix Arizona 85004 based company operating under the Copper industry has been trending up for the last 52 weeks, with the shares price now 251.27% up for the period and up by 26.23% so far this year. With price target of $14.23 and a 290.85% rebound from 52-week low, Freeport-McMoRan Inc. has plenty of upside potential, making it a hold with a view buy.

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

First Data Corporation (FDC) had a light trading with around 1.71M shares changing hands compared to its three month average trading volume of 4.45M. The stock traded between $15.26 and $15.46 before closing at the price of $15.34 with -0.71% change on the day. The Atlanta Georgia 30342 based company is currently trading 83.27% above its 52 week low of $8.37 and -4.78% below its 52 week high of $16.11. Both the RSI indicator and target price of  and $17.22 respectively, lead us to believe that it could rise over the coming weeks.

First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. It operates through three segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. The Global Business Solutions segment offers retail point-of-sale merchant acquiring and e-commerce services; and next-generation offerings, such as mobile payment services and webstore-in-a-box solutions, as well as its cloud-based Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications. The Global Financial Solutions segment provides credit solutions for bank and non-bank issuers, including credit and retail private-label card processing solutions; and licensed financial software systems, such as VisionPLUS bank processing application and lending solutions. This segment also offers a suite of related services, including card personalization and embossing, statement printing, client service, and remittance processing services to financial institutions. The Network & Security Solutions segment provides various value-added solutions, which include electronic funds transfer network solutions, such as debit card processing solutions; stored value network solutions; and security and fraud management solutions. This segment also supports its online and mobile banking digital strategies, and its business supporting mobile wallets. First Data Corporation was founded in 1989 and is headquartered in Atlanta, Georgia.

EQT Corporation (EQT) saw its value decrease by -2.07% as the stock dropped $-1.28 to finish the day at a closing price of $60.63. The stock was higher in trading and has fluctuated between $54.22-$80.61 per share for the past year. The shares, which traded within a range of $60.2 to $62.26 during the day, are down by -8.11% in the past three months and down by -14.14% over the past six months. It is currently trading -4.67% below its 20 day moving average and -9.51% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $83.29 a share over the next twelve months. The current relative strength index (RSI) reading is 34.72.The technical indicator lead us to believe there will be no major movement any time soon, hold.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates through two segments, EQT Production and EQT Midstream. The EQT Production segment explores for, develops, and produces natural gas, natural gas liquids (NGLs), and crude oil primarily in the Appalachian Basin. As of December 31, 2015, it had 10.0 trillion cubic feet of proved natural gas, NGL, and crude oil reserves across approximately 3.4 million gross acres, including approximately 630,000 gross acres in the Marcellus play. The EQT Midstream segment provides natural gas gathering, transmission, and storage services for the company’s produced gas, as well as for independent third parties in the Appalachian Basin. This segment owns or operates approximately 8,250 miles of gathering lines and 177 compressor units with approximately 255,000 horsepower of installed capacity. EQT Corporation was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania.

 

3 Stocks in Focus: Freeport-McMoRan Inc. (FCX), General Electric Company (GE), Starbucks Corporation (SBUX)

Freeport-McMoRan Inc. (FCX) climbed 3.35% during last trading as the stock added $0.53 to finish the day at $16.37 with about 31.57M shares changing hands, compared to its three month average trading volume of 33.2M. The $22.29B market cap company, which fluctuated between $15.81 and $16.58 during the day, currently situated 307.21% above its 52 week low of $4.26 and -4.04% away from its one year high of $17.06. The RSI of 59.29 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

General Electric Company (GE) dropped $-0.31 to close the day at a new closing price of $30.01, a -1.02% decrease in value from its previous closing price that moved the stock 14.2% above its 52 week low of $27.1. A total of 29.93M shares exchanged hands during the day compared with its three month average trading volume of 33M. The stock, which fluctuated between $29.93 and $30.44 during the day, currently situated -7.66% below its 52 week high. The stock is down by -5.92% in the past one month and up by 4.73% over the past three months. With a one year target estimate of $34.13 and RSI of 32.86, the stock still has upside potential, making it a hold for now.

General Electric Company operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

Starbucks Corporation (SBUX) had a light trading with around 28.85M shares changing hands compared to its three month average trading volume of 8.95M. The stock traded between $55.65 and $56.59 before closing at the price of $56.12 with -4% change on the day. The Seattle Washington 98134 based company is currently trading 10.9% above its 52 week low of $50.84 and -7.89% below its 52 week high of $61.79. Both the RSI indicator and target price of 38.89 and $64.73 respectively, lead us to believe that it should be put on hold over the coming weeks.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water; an assortment of fresh food and snack offerings; and various food products, such as pastries, breakfast sandwiches, and lunch items, as well as beverage-making equipment and accessories. The company also licenses its trademarks through licensed stores, and grocery and national foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of November 3, 2016, the company operated 25,085 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.

 

Stocks Trend Analysis: Bank of America Corporation (BAC), Freeport-McMoRan Inc. (FCX), Ford Motor Company (F)

Bank of America Corporation (BAC) continued its upward trend with the stock climbing 1.83% or $0.42 to close the day at $23.37 on active trading volume of 99.55M shares, compared to its three month average trading volume of 120.12M. The Charlotte North Carolina 28255 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 78.33%, compared to the industry which has advanced 15.19% over the same period. With RSI of 62.64, the stock should still continue to rise and get closer to its one year target estimate of $24.79, making it a hold for now.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through five segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets, and Legacy Assets & Servicing. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans. This segment provides its products and services through approximately 4,700 financial centers, 16,000 ATMs, call centers, and online and mobile platforms. The Global Wealth & Investment Management segment offers investment management, brokerage, banking, and retirement products, as well as wealth management and customized solutions. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, real estate lending, and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. The Legacy Assets & Servicing segment engages in mortgage servicing activities related to residential first mortgage and home equity loans; and managing legacy exposures related to mortgage origination, sales, and servicing. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

Freeport-McMoRan Inc. (FCX) retreated with the stock falling -3.06% or $-0.52 to close at $16.5 on active trading volume of 70.02M compared its three months average trading volume of 32.66M. The Phoenix Arizona 85004 based company operating under the Copper industry has been trending up for the last 52 weeks, with the shares price now 292.86% up for the period and up by 25.09% so far this year. With price target of $13.79 and a 333.07% rebound from 52-week low, Freeport-McMoRan Inc. has plenty of upside potential, making it a hold with a view buy.

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

Ford Motor Company (F) continued its upward trend with the stock climbing 1.43% or $0.18 to close the day at $12.79 on higher than average trading volume of 46.62M shares, compared to its three month average trading volume of 37.06M. The Dearborn Michigan 48126 based company has been outperforming the auto manufacturers – major companies by 7.8777% for last three months and its recent gains have pushed the stock slightly up 7.14% YTD, versus the auto manufacturers – major industry which is up 8.42% for the same period. The RSI of 61.84 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ford Motor Company, together with its subsidiaries, designs, manufactures, markets, finances, and services automobiles. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services passenger cars, trucks, SUVs, light commercial vehicles, trucks, vans, and electrified vehicles, as well as offers parts and accessories. It offers vehicles primarily under the Ford and Lincoln brand names. This sector markets and sells its products through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments. The Financial Services sector offers various automotive financing products to and through automotive dealers. It provides financing products, including retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, government entities, daily rental car companies, leasing companies, and fleet customers. This sector also offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and improvement of dealership facilities, purchase dealership real estate, and other dealer vehicle programs. It serves clients in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. Ford Motor Company was founded in 1903 and is based in Dearborn, Michigan.

 

Stocks Trend Analysis: Bank of America Corporation (BAC), AK Steel Holding Corporation (AKS), Freeport-McMoRan Inc. (FCX)

Bank of America Corporation (BAC) managed to rebound with the stock climbing 1.73% or $0.39 to close the day at $22.95 on active trading volume of 98.3M shares, compared to its three month average trading volume of 119.19M. The Charlotte North Carolina 28255 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 79.86%, compared to the industry which has advanced 15.52% over the same period. With RSI of 58.45, the stock should still continue to rise and get closer to its one year target estimate of $24.79, making it a hold for now.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through five segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets, and Legacy Assets & Servicing. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans. This segment provides its products and services through approximately 4,700 financial centers, 16,000 ATMs, call centers, and online and mobile platforms. The Global Wealth & Investment Management segment offers investment management, brokerage, banking, and retirement products, as well as wealth management and customized solutions. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, real estate lending, and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. The Legacy Assets & Servicing segment engages in mortgage servicing activities related to residential first mortgage and home equity loans; and managing legacy exposures related to mortgage origination, sales, and servicing. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

AK Steel Holding Corporation (AKS) retreated with the stock falling -6.57% or $-0.61 to close at $8.68 on active trading volume of 74.03M compared its three months average trading volume of 23.13M. The West Chester Ohio 45069 based company operating under the Steel & Iron industry has been trending up for the last 52 weeks, with the shares price now 374.32% up for the period and down by -14.99% so far this year. With price target of $10.32 and a 379.56% rebound from 52-week low, AK Steel Holding Corporation has plenty of upside potential, making it a hold with a view buy.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

Freeport-McMoRan Inc. (FCX) continued its upward trend with the stock climbing 8.27% or $1.3 to close the day at $17.02 on higher than average trading volume of 56.57M shares, compared to its three month average trading volume of 32.36M. The Phoenix Arizona 85004 based company has been outperforming the copper companies by 69.421% for last three months and its recent gains have pushed the stock slightly up 29.04% YTD, versus the copper industry which is up 41.21% for the same period. The RSI of 70.14 indicates the stock is overbought at the current levels, sell for now.

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

 

Stocks in Review: Southwestern Energy Company (SWN), Freeport-McMoRan Inc. (FCX), J. C. Penney Company, Inc. (JCP)

Southwestern Energy Company (SWN) traded within a range of $9.07 to $9.53 after opening the day at $9.43. The company has seen its stock decrease in value by -15.06% so far this year. The stock was down close to -2.34% on active volume in last trading session and closed at $9.19 per share. After the recent fall, the stock is currently holding -41.05% below its 52 week high of $15.59 and 73.4% above its 12-month low of $5.3. The shares are down by over -27.35% in the last three months, and the RSI indicator value of 32.33 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

Freeport-McMoRan Inc. (FCX) continued its upward trend with the stock climbing 1.35% or $0.21 to close the day at $15.72 on light trading volume of 19.85M shares, compared to its three month average trading volume of 32.22M. The Phoenix Arizona 85004 based company has been outperforming the copper group over the past 52 weeks, with the stock gaining 298.98%, compared to the industry which has advanced 40.2% over the same period. With RSI of 61.22, the stock should still continue to rise and get closer to its one year target estimate of $13.79, making it a hold for now.

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

  1. C. Penney Company, Inc. (JCP) dropped $0 to close the day at a new closing price of $6.85, a 0% decrease in value from its previous closing price that moved the stock 9.08% above its 52 week low of $6.6. A total of 18.83M shares exchanged hands during the day compared with its three month average trading volume of 19.76M. The stock, which fluctuated between $6.76 and $7.01 during the day, currently situated -42.87% below its 52 week high. The stock is down by -24.14% in the past one month and down by -20.9% over the past three months. With a one year target estimate of $10.26 and RSI of 30.17, the stock still has upside potential, making it a hold for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.