Momentum Stocks in Focus: Intuit Inc. (INTU), Welltower Inc. (HCN), PG&E Corporation (PCG)

Intuit Inc. (INTU) continued its upward trend with the stock climbing 0.37% or $0.44 to close the day at $118.84 on active trading volume of 1.48M shares, compared to its three month average trading volume of 1.17M. The Mountain View California 94043 based company has been outperforming the application software group over the past 52 weeks, with the stock gaining 26.07%, compared to the industry which has advanced 29.41% over the same period. With RSI of 57.52, the stock should still continue to rise and get closer to its one year target estimate of $116.88, making it a hold for now.

Intuit Inc. provides business and financial management solutions for small businesses, consumers, and accounting professionals primarily in the United States and internationally. The company’s Small Business segment provides QuickBooks financial and business management online services, and desktop software; QuickBooks technical support services; financial supplies; and QuickBooks Online Accountant, QuickBooks Accountant Desktop, and QuickBooks Desktop Accountant Plus, as well as the QuickBooks ProAdvisor Program for the accounting professionals. This segment also offers small business payroll products and services, including online payroll offerings, such as Quickbooks Online Payroll and Intuit Online Payroll; desktop payroll offerings comprising QuickBooks Basic Payroll and QuickBooks Enhanced Payroll; and full service payroll offerings, such as Intuit Full Service Payroll and QuickBooks Assisted Payroll. In addition, it provides merchant services, including credit and debit card processing; Web-based transaction processing services for online merchants; online payment services; GoPayment mobile payment processing services; and QuickBooks point of sale solutions. Its Consumer segment provides TurboTax income tax preparation products and services; and electronic tax filing services. The company’s Professional Tax segment offers Lacerte, ProSeries, ProFile, and Intuit Tax Online professional tax products and services; and electronic tax filing services, bank product transmission services, and training services. The company sells its products and services through various sales and distribution channels, including Websites, promotions, call centers, retail locations, and online mobile application stores, as well as through alliance partners, such as banks, credit unions, and other financial institutions. Intuit Inc. was founded in 1983 and is headquartered in Mountain View, California.

Welltower Inc. (HCN) retreated with the stock falling -1.18% or $-0.78 to close at $65.51 on light trading volume of 1.35M compared its three months average trading volume of 2.08M. The Toledo Ohio 43615 based company operating under the REIT – Healthcare Facilities industry has been trending up for the last 52 weeks, with the shares price now 22.97% up for the period and down by -0.82% so far this year. With price target of $69.39 and a 26.54% rebound from 52-week low, Welltower Inc. has plenty of upside potential, making it a hold with a view buy.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

PG&E Corporation (PCG) failed to extend gains with the stock declining -0.58% or $-0.37 to close the day at $63.32 on lower than average trading volume of 2.01M shares, compared to its three month average trading volume of 2.1M. The San Francisco California 94177 based company has been outperforming the electric utilities companies by 9.0801% for last three months and its recent gains have pushed the stock slightly up 4.2% YTD, versus the electric utilities industry which is up 1.73% for the same period. The RSI of 64.76 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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.

 

Stocks Buzz: Welltower Inc. (HCN), Omnicom Group Inc. (OMC), Vertex Pharmaceuticals Incorporated (VRTX)

Welltower Inc. (HCN) managed to rebound with the stock climbing 0.73% or $0.48 to close the day at $65.87 on light trading volume of 1.46M shares, compared to its three month average trading volume of 2.19M. The Toledo Ohio 43615 based company has been outperforming the reit – healthcare facilities group over the past 52 weeks, with the stock gaining 28.89%, compared to the industry which has advanced 31.9% over the same period. With RSI of 50.96, the stock should still continue to rise and get closer to its one year target estimate of $69.39, making it a hold for now.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

Omnicom Group Inc. (OMC) grew with the stock adding 0.8% or $0.68 to close at $85.33 on light trading volume of 1.45M compared its three months average trading volume of 1.69M. The New York New York 10022 based company operating under the Advertising Agencies industry has been trending up for the last 52 weeks, with the shares price now 21.78% up for the period and up by 0.26% so far this year. With price target of $83.88 and a 22.88% rebound from 52-week low, Omnicom Group Inc. has plenty of upside potential, making it a hold with a view buy.

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. The company offers a range of services in the areas of advertising, customer relationship management, or CRM, public relations, and specialty communications. Its services comprise advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communication, custom publishing, data analytics, database management, environmental design, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare communications, and instore design services. The company’s services also include direct, entertainment, experiential, and field, interactive, mobile, multi-cultural, non-profit, promotional, retail, search engine, social media, and sports and event marketing services; and investor relations, marketing research, media planning and buying, organizational communications, package design, product placement, public affairs, public relations, and reputation consulting services. It operates in North America, Latin America, Europe, the Middle East, Africa, Australia, China, India, Japan, Korea, New Zealand, Singapore, and other Asian countries. Omnicom Group Inc. was founded in 1944 and is based in New York, New York.

Vertex Pharmaceuticals Incorporated (VRTX) failed to extend gains with the stock declining -1.25% or $-1.12 to close the day at $88.15 on lower than average trading volume of 1.44M shares, compared to its three month average trading volume of 1.89M. The Boston Massachusetts 02210 based company has been underperforming the biotechnology companies by -5.0885% for last three months and its recent losses have trimmed gains to 19.66% YTD, versus the biotechnology industry which is down -3.6% for the same period. The RSI of 64.35 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Vertex Pharmaceuticals Incorporated engages in discovering, developing, manufacturing, and commercializing medicines for serious diseases. The company focuses on developing and commercializing therapies for the treatment of cystic fibrosis (CF) and advancing its research and development programs. It markets ORKAMBI for the treatment of patients with CF 12 years of age and older who have two copies (homozygous) of the F508del mutation in their CFTR gene; and KALYDECO (ivacaftor) for the treatment of patients with CF 6 years of age and older who have the G551D mutation in their CFTR gene. The company also develops VX-661, a corrector compound that is in a Phase III development stage in combination with ivacaftor in multiple CF patients; VX-371, an investigational epithelial sodium channel, which is in a Phase II development stage; and VX-152 and VX-440 that are CFTR corrector compounds in Phase I clinical trial. In addition, it engages in the research and mid-and early-stage development programs in the areas of oncology, pain, and neurology. The company sells its products primarily to specialty pharmacy providers and wholesalers in North America, as well as government-owned and supported customers in international markets. Vertex Pharmaceuticals Incorporated has collaborations with Cystic Fibrosis Foundation Therapeutics Incorporated; Parion Sciences, Inc.; CRISPR Therapeutics AG; BioAxone Biosciences, Inc.; Janssen Pharmaceuticals, Inc.; and Moderna Therapeutics, Inc. The company was founded in 1989 and is headquartered in Boston, Massachusetts.

 

Stocks In Action: Hologic, Inc. (HOLX), CME Group Inc. (CME), Welltower Inc. (HCN)

Hologic, Inc. (HOLX) traded within a range of $38.96 to $39.28 after opening the day at $39.14. The company has seen its stock decrease in value by -2.39% so far this year. The stock was down close to -0.43% on light volume in last trading session and closed at $39.16 per share. After the recent fall, the stock is currently holding -5.04% below its 52 week high of $41.24 and 22.99% above its 12-month low of $31.84. The shares are up by over 1.24% in the last three months, and the RSI indicator value of 42.66 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States, Europe, the Asia-Pacific, and internationally. It operates through four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. The Diagnostics segment provides Aptima family of assays, target capture/nucleic acid extraction technology, transcription-mediated amplification technology, hybridization protection and dual kinetic assays, Procleix family of assays for blood screening, instrumentation, Invader chemistry platform, ThinPrep system, and rapid fetal fibronectin test. The Breast Health segment offers breast imaging and related products and accessories, including digital and film-based mammography systems; computer-aided detection (CAD) for mammography; invasive breast biopsy devices; breast biopsy site markers; and breast biopsy guidance systems. This segment also provides Dimensions platform, a mammography gantry for 2D and tomosynthesis image acquisition and display; C-View that provides a 2D image; Selenia digital mammography platform; and SecurView Workstation. The GYN Surgical segment offers NovaSure system to treat women suffering from abnormal uterine bleeding; and MyoSure system for the hysteroscopic removal of fibroids. The Skeletal Health segment provides discovery and horizon X-ray bone densitometers that assess the bone density of fracture sites; and mini C-arm imaging systems to perform minimally invasive surgical procedures on a patient’s extremities, such as the hand, wrist, knee, foot, and ankle. The company sells its products through direct sales and service forces, and a network of independent distributors and sales representatives. Hologic, Inc. was founded in 1985 and is headquartered in Marlborough, Massachusetts.

CME Group Inc. (CME) continued its downward trend with the stock declining -1.82% or $-2.16 to close the day at $116.57 on active trading volume of 2.02M shares, compared to its three month average trading volume of 1.76M. The Chicago Illinois 60606 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 31.42%, compared to the industry which has advanced 60.8% over the same period. With RSI of 40.37, the stock should still continue to rise and get closer to its one year target estimate of $126.67, making it a hold for now.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. The company offers a range of products across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. Its products include exchange-traded; and privately negotiated futures and options contracts and swaps. It executes trade through its electronic trading platforms, open outcry, and privately negotiated transactions, as well as provides hosting, connectivity, and customer support for electronic trading through its co-location services. The company also provides clearing and settlement services for exchange-traded contracts, as well as for cleared swaps; and regulatory reporting solutions for market participants through its global repository services in the United States, the United Kingdom, Canada, and Australia. In addition, the company offers a range of market data services, including live quotes, delayed quotes, market reports, and historical data service, as well as index services. CME Group Inc. serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.

Welltower Inc. (HCN) gained $0.16 to close the day at a new closing price of $66.03, a 0.24% increase in value from its previous closing price that moved the stock 31.36% above its 52 week low of $52.8. A total of 2.01M shares exchanged hands during the day compared with its three month average trading volume of 2.25M. The stock, which fluctuated between $65.9 and $66.43 during the day, currently situated -14.64% below its 52 week high. The stock is down by -2.18% in the past one month and up by 1.01% over the past three months. With a one year target estimate of $69.39 and RSI of 52.9, the stock still has upside potential, making it a hold for now.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

 

Stocks In Action: Welltower Inc. (HCN), DISH Network Corporation (DISH), EOG Resources, Inc. (EOG)

Welltower Inc. (HCN) traded within a range of $65.43 to $66.38 after opening the day at $65.56. The company has seen its stock increase in value by 0.18% so far this year. The stock was up close to 1.13% on light volume in last trading session and closed at $66.17 per share. After the recent gain, the stock is currently holding -14.46% below its 52 week high of $80.19 and 31.64% above its 12-month low of $52.8. The shares are up by over 2.96% in the last three months, and the RSI indicator value of 55.59 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

DISH Network Corporation (DISH) failed to extend gains with the stock declining -1.41% or $-0.87 to close the day at $60.98 on light trading volume of 1.79M shares, compared to its three month average trading volume of 2.16M. The Englewood Colorado 80112 based company has been outperforming the catv systems group over the past 52 weeks, with the stock gaining 33.85%, compared to the industry which has advanced 23.8% over the same period. With RSI of 52.21, the stock should still continue to rise and get closer to its one year target estimate of $73.81, making it a hold for now.

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand. It also offers programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming. In addition, the company provides access to movies and TV shows via TV or Internet-connected tablets, smartphones, and computers; and dishanywhere.com and mobile applications for smartphones and tablets to view authorized content, search program listings, and remotely control certain features. Further, it offers Sling TV services that require an Internet connection and are available on streaming-capable devices, including TVs, tablets, computers, game consoles, and smart phones primarily to consumers who do not subscribe to traditional satellite and cable pay-TV services. Additionally, the company operates Sling International that offers over 200 channels in 18 languages; and Sling domestic package that consists over 20 channels and tiers of programming, including sports, kids, movies, world news, lifestyle and Spanish language, and premium content, such as HBO. Further, it offers Sling Latino service; and satellite broadband services, wireline voice, and broadband services under the dishNET brand. Additionally, the company has wireless spectrum licenses and related assets. As of December 31, 2015, it had 13.897 million Pay-TV subscribers. The company offers receiver systems and programming through direct sales channels, small satellite retailers, direct marketing groups, local and regional consumer electronics stores, nationwide retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado.

EOG Resources, Inc. (EOG) dropped $-1.24 to close the day at a new closing price of $99.7, a -1.23% decrease in value from its previous closing price that moved the stock 60.64% above its 52 week low of $62.53. A total of 1.79M shares exchanged hands during the day compared with its three month average trading volume of 3.65M. The stock, which fluctuated between $99.43 and $101.05 during the day, currently situated -8.7% below its 52 week high. The stock is down by -4.15% in the past one month and up by 8.45% over the past three months. With a one year target estimate of $112.41 and RSI of 36.49, the stock still has upside potential, making it a hold for now.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People’s Republic of China. As of December 31, 2015, it had total estimated net proved reserves of 2,118 million barrels of oil equivalent, including 1,098 million barrels (MMBbl) crude oil and condensate reserves; 383 MMBbl of natural gas liquid reserves; and 3,825 billion cubic feet of natural gas reserves. EOG Resources, Inc. was founded in 1985 and is headquartered in Houston, Texas.

 

Stocks in Review: Maxim Integrated Products, Inc. (MXIM), Monsanto Company (MON), Welltower Inc. (HCN)

Maxim Integrated Products, Inc. (MXIM) traded within a range of $44.03 to $44.65 after opening the day at $44.44. The company has seen its stock increase in value by 15.48% so far this year. The stock was down close to -0.49% on light volume in last trading session and closed at $44.54 per share. After the recent fall, the stock is currently holding -1.61% below its 52 week high of $45.27 and 52.02% above its 12-month low of $30.31. The shares are up by over 13.93% in the last three months, and the RSI indicator value of 71.29 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits in the United States, China, other countries in Asia, Europe, and internationally. It also provides a range of high-frequency process technologies and capabilities for use in custom designs. The company serves automotive, communications and data center, computing, consumer, and industrial markets. It markets its products through a direct-sales and applications organization, as well as through its own and other unaffiliated distribution channels. Maxim Integrated Products, Inc. was founded in 1983 and is headquartered in San Jose, California.

Monsanto Company (MON) continued its upward trend with the stock climbing 0.47% or $0.51 to close the day at $108.97 on light trading volume of 1.73M shares, compared to its three month average trading volume of 2.02M. The St. Louis Missouri 63167 based company has been outperforming the agricultural chemicals group over the past 52 weeks, with the stock gaining 24.47%, compared to the industry which has advanced 24.29% over the same period. With RSI of 60.12, the stock should still continue to rise and get closer to its one year target estimate of $119.81, making it a hold for now.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces row crop seeds, including corn, soybean, cotton, and canola seeds under the DEKALB, Channel, Asgrow, and Deltapine brands; and vegetable seeds, such as tomato, pepper, melon, cucumber, squash, beans, broccoli, onions, lettuce, and others under the Seminis and De Ruiter brands. It also develops biotechnology traits that assist farmers in controlling insects and weeds in corn, soybean, cotton, and canola crops under the SmartStax, YieldGard, YieldGard VT Triple, VT Triple PRO, and VT Double PRO brands; Intacta RR2 PRO brand; Bollgard and Bollgard II brands; Roundup Ready, Roundup Ready 2 Yield, and Genuity brands; and Roundup Ready 2 Xtend and Bollgard II XtendFlex brands. This segment also licenses a range of germplasm and trait technologies to large and small seed companies. The Agricultural Productivity segment manufactures and sells herbicides for agricultural, industrial, ornamental, turf, and residential lawn and garden applications for weed control, as well as for control of preemergent annual grass and small seeded broadleaf weeds in corn and other crops under the Roundup and Harness brands. The company markets its products through distributors, independent retailers and dealers, agricultural cooperatives, plant raisers, and agents, as well as directly to farmers. Monsanto Company has a collaborative agreement with Novozymes to discover, develop, and produce microbial solutions. The company was formerly known as Monsanto Ag Company and changed its name to Monsanto Company in March 2000. Monsanto Company was founded in 2000 and is headquartered in St. Louis, Missouri.

Welltower Inc. (HCN) gained $1.07 to close the day at a new closing price of $66.34, a 1.64% increase in value from its previous closing price that moved the stock 30.25% above its 52 week low of $52.8. A total of 1.73M shares exchanged hands during the day compared with its three month average trading volume of 2.31M. The stock, which fluctuated between $65.39 and $66.45 during the day, currently situated -15.37% below its 52 week high. The stock is up by 0.26% in the past one month and down by -0.29% over the past three months. With a one year target estimate of $69.39 and RSI of 51.79, the stock still has upside potential, making it a hold for now.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

 

Stocks in the Spotlight: Welltower Inc. (HCN), Conagra Brands, Inc. (CAG), Akamai Technologies, Inc. (AKAM)

Welltower Inc. (HCN) had a active trading with around 2.56M shares changing hands compared to its three month average trading volume of 2.37M. The stock traded between $66.16 and $67.02 before closing at the price of $66.3 with -0.06% change on the day. The Toledo Ohio 43615 based company is currently trading 30.17% above its 52 week low of $52.8 and -15.42% below its 52 week high of $80.19. Both the RSI indicator and target price of 51.01 and $69.39 respectively, lead us to believe that it should be put on hold over the coming weeks.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

Conagra Brands, Inc. (CAG) continued its upward trend with the stock climbing 0.18% or $0.07 to close the day at $39.09 on light trading volume of 2.66M shares, compared to its three month average trading volume of 3.53M. The Omaha Nebraska 68102 based company has been outperforming the processed & packaged goods group over the past 52 weeks, with the stock gaining 22.23%, compared to the industry which has advanced 10.95% over the same period. With RSI of 61.27, the stock should still continue to rise and get closer to its one year target estimate of $41.33, making it a hold for now.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Akamai Technologies, Inc. (AKAM) shares were up in last trading by 1.15% to $68.59. It experienced lighter than average volume on day. The stock increased in value by almost 1.25% over the past week and grew 2.31% in the past month. It is currently trading 1.74% above its 50 day moving average and 18.39% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.26% decrease in value from its one year high of $71.64. The RSI indicator value of 51.43, lead us to believe that it is a hold for now.

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

 

Stocks in the Spotlight: Aflac Incorporated (AFL), Welltower Inc. (HCN), The Estee Lauder Companies Inc. (EL)

Aflac Incorporated (AFL) had a light trading with around 1.2M shares changing hands compared to its three month average trading volume of 2.2M. The stock traded between $70 and $70.55 before closing at the price of $70.27 with -0.41% change on the day. The Columbus Georgia 31999 based company is currently trading 29.46% above its 52 week low of $55.24 and -5.12% below its 52 week high of $74.5. Both the RSI indicator and target price of 51.92 and $72.07 respectively, lead us to believe that it should be put on hold over the coming weeks.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan. The Aflac U.S. segment provides products designed to protect individuals from depletion of assets, which comprise accident, cancer, critical illness/critical care, hospital intensive care, hospital indemnity, fixed-benefit dental, and vision care plans; and loss-of-income products, such as life and short-term disability plans in the United States (U.S.). The company sells its products through sales associates and brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.

Welltower Inc. (HCN) continued its downward trend with the stock declining -0.3% or $-0.2 to close the day at $65.94 on light trading volume of 1.19M shares, compared to its three month average trading volume of 2.36M. The Toledo Ohio 43615 based company has been outperforming the reit – healthcare facilities group over the past 52 weeks, with the stock gaining 13.17%, compared to the industry which has advanced 14.85% over the same period. With RSI of 47.91, the stock should still continue to rise and get closer to its one year target estimate of $69.39, making it a hold for now.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

The Estee Lauder Companies Inc. (EL) shares were down in last trading by -1.22% to $80.96. It experienced lighter than average volume on day. The stock increased in value by almost 1.67% over the past week and grew 3.49% in the past month. It is currently trading 3.53% above its 50 day moving average and -7.01% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -16.04% decrease in value from its one year high of $97.48. The RSI indicator value of 59.03, lead us to believe that it is a hold for now.

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

 

3 Stocks to Watch For: Welltower Inc. (HCN), Public Service Enterprise Group Incorporated (PEG), Anthem, Inc. (ANTM)

Welltower Inc. (HCN) saw its value decrease by -1.4% as the stock dropped $-0.94 to finish the day at a closing price of $66.36. The stock was lighter in trading and has fluctuated between $52.8-$80.19 per share for the past year. The shares, which traded within a range of $66.03 to $67.44 during the day, are down by -6.35% in the past three months and down by -13.72% over the past six months. It is currently trading -0.67% below its 20 day moving average and 2.14% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $69.44 a share over the next twelve months. The current relative strength index (RSI) reading is 51.15.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

Public Service Enterprise Group Incorporated (PEG) shares were down in last trading by -0.14% to $43.39. It experienced lighter than average volume on day. The stock decreased in value by almost -1.79% over the past week and fell -0.66% in the past month. It is currently trading 2.09% above its 50 day moving average and 0.95% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.82% decrease in value from its one year high of $47.41. The RSI indicator value of 51.14, lead us to believe that it is a hold for now.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of approximately 11,678 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products. The company also transmits electricity; and distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and implements energy efficiency and demand response programs. In addition, it offers appliance services and repairs to customers. As of December 31, 2015, the company’s electric transmission and distribution system included 24,022 circuit miles, of which 8,226 circuit miles were underground; and 848,496 poles, of which 549,636 poles were jointly-owned, as well as 4 electric distribution headquarters and 5 sub-headquarters. It also owned and operated 18,112 miles of gas mains; owned 12 gas distribution headquarters and 2 sub-headquarters; owned 1 meter shop; operated 60 natural gas metering and regulating stations; and owned 43 switching stations with an aggregate installed capacity of 29,090 megavolt-amperes (MVA) and 246 substations with an aggregate installed capacity of 8,179 MVA. Public Service Enterprise Group Incorporated was founded in 1985 and is headquartered in Newark, New Jersey.

Anthem, Inc. (ANTM) traded within a range of $150.75 to $154.61 after opening the day at $150.75. The company has seen its stock increase in value by 6.91% so far this year. The stock was up close to 2.32% on light volume in last trading session and closed at $153.71 per share. After the recent gain, the stock is currently holding 0.76% above its 52 week high of $154.61 and 35.56% above its 12-month low of $114.85. The shares are up by over 24.04% in the last three months, and the RSI indicator value of 69.84 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial and Specialty Business, Government Business, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small employer, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans, such as consumer-driven health plans; and hospital only and limited benefit products. The company also provides a range of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs, and other administrative services. In addition, it offers an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management, and analytics-driven personal health care guidance; and Medicare administrative services. Further, the company provides services to the federal government in connection with the federal Employee Program; and operates as a licensee of the Blue Cross and Blue Shield Association. As of October 26, 2016, it served 73 million medical members through its affiliated companies. The company was formerly known as WellPoint, Inc. and changed its name to Anthem, Inc. in December 2014. Anthem, Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.

 

Stocks To Track: New Residential Investment Corp. (NRZ), Iridium Communications Inc. (IRDM), Welltower Inc. (HCN)

New Residential Investment Corp. (NRZ) climbed 0.63% during last trading as the stock added $0.1 to finish the day at $16.1 with about 1.9M shares changing hands, compared to its three month average trading volume of 2.38M. The $4.01B market cap company, which fluctuated between $15.98 and $16.15 during the day, currently situated 90.14% above its 52 week low of $9.69 and -0.56% away from its one year high of $16.43. The RSI of 67.15 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also acquires and manages a diversified portfolio of credit sensitive real estate securities, such as non-agency and agency residential mortgage backed securities; and acquires residential mortgage loans comprising performing, non-performing, re-performing, and reverse mortgage loans. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally 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 2011 and is based in New York, New York.

Iridium Communications Inc. (IRDM) dropped $-0.1 to close the day at a new closing price of $9.95, a -1% decrease in value from its previous closing price that moved the stock 62.05% above its 52 week low of $6.14. A total of 1.89M shares exchanged hands during the day compared with its three month average trading volume of 867.15K. The stock, which fluctuated between $9.75 and $10.05 during the day, currently situated -13.78% below its 52 week high. The stock is down by -9.55% in the past one month and up by 18.03% over the past three months. With a one year target estimate of $12.5 and RSI of 43.77, the stock still has upside potential, making it a hold for now.

Iridium Communications Inc. provides mobile voice and data communications services through satellite to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide. It offers postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; push-to-talk services; and machine-to-machine services for sending and receiving data from fixed and mobile assets in remote locations to a central monitoring station. The company also provides other services, such as inbound connections from the public switched telephone network, short message services, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, it offers voice and data solutions, including personnel tracking devices; asset tracking devices for equipment, vehicles, and aircraft; aircraft and submarine communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence community, such as secure satellite handsets, as well as offers voice, netted voice, data, messaging, and paging services; and maintenance services for the department of defense’s dedicated gateway. Further, the company provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and machine-to-machine data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units; and engineering and support services. The company sells its products and services to commercial end users through wholesale distribution network, service providers, and value-added resellers and manufacturers. As of December 31, 2015, it had approximately 782,000 billable subscribers. The company was founded in 2000 and is headquartered in McLean, Virginia.

Welltower Inc. (HCN) had a light trading with around 1.88M shares changing hands compared to its three month average trading volume of 2.32M. The stock traded between $66.51 and $67.81 before closing at the price of $67.68 with 1.38% change on the day. The Toledo Ohio 43615 based company is currently trading 32.88% above its 52 week low of $52.8 and -13.66% below its 52 week high of $80.19. Both the RSI indicator and target price of 59.31 and $69.44 respectively, lead us to believe that it should be put on hold over the coming weeks.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

 

Trader Alert: 3D Systems Corporation (DDD), Welltower Inc. (HCN), The Michaels Companies, Inc. (MIK)

3D Systems Corporation (DDD) grew with the stock adding 0.81% or $0.13 to close at $16.1 on light trading volume of 2.51M compared its three months average trading volume of 2.66M. The Rock Hill South Carolina 29730 based company operating under the Computer Peripherals industry has been trending up for the last 52 weeks, with the shares price now 142.84% up for the period and up by 21.14% so far this year. With price target of $15.55 and a 168.33% rebound from 52-week low, 3D Systems Corporation has plenty of upside potential, making it a hold with a view buy.

3D Systems Corporation, through its subsidiaries, provides 3D printing products and services worldwide. The company’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, metal, nylon, rubber, wax, and composite materials. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, colorjet printing, and plasticjet printing. The company also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, and Class IV bio-compatible materials. It offers its printers under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, and production machining and inspection. Further, it offers proprietary software and drivers that provide part preparation, part placement, support placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services. It primarily serves companies and small and midsize businesses in a range of industries, including automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy, and healthcare. The company sells its products and services through its direct sales force, resellers, and channel partners and distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.

Welltower Inc. (HCN) dropped $-0.22 to close the day at a new closing price of $67.08, a -0.33% decrease in value from its previous closing price that moved the stock 29.98% above its 52 week low of $52.8. A total of 2.51M shares exchanged hands during the day compared with its three month average trading volume of 2.32M. The stock, which fluctuated between $66.97 and $67.63 during the day, currently situated -15.54% below its 52 week high. The stock is up by 5.9% in the past one month and down by -3.25% over the past three months. With a one year target estimate of $69.89 and RSI of 55.55, the stock still has upside potential, making it a hold for now.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

The Michaels Companies, Inc. (MIK) shares were down in last trading by -0.09% to $21.6. It experienced higher than average volume on day. The stock increased in value by almost 3.65% over the past week and fell -2.53% in the past month. It is currently trading -4.11% below its 50 day moving average and -15.1% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -31.13% decrease in value from its one year high of $31.36. The RSI indicator value of 51.44, lead us to believe that it is a hold for now.

The Michaels Companies, Inc. owns and operates a chain of arts and crafts specialty retail stores under the Michaels and Aaron Brothers names in North America. Its Michaels stores offer approximately 35,000 stock-keeping units in crafts, home décor and seasonal, framing, and paper crafting. The company’s Aaron Brothers stores offer approximately 6,000 stock-keeping units, including photo frames, a line of ready-made frames, art prints, framed art, art supplies, and custom framing. It also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist’s Loft, Craft Smart, and Loops & Threads. In addition, the company manufactures custom and specialty framing merchandise; and distributes gifts and decor products. As of June 30, 2016, it operated 1,356 stores under the Michaels, Aaron Brothers, and Pat Catan’s brands in 49 states in the United States, as well as in and Canada. The company was founded in 2013 and is headquartered in Irving, Texas.