Stocks in Review: Hess Corporation (HES), BB&T Corporation (BBT), Kimco Realty Corporation (KIM)

Hess Corporation (HES) traded within a range of $50.86 to $51.62 after opening the day at $51.4. The company has seen its stock decrease in value by -17.64% so far this year. The stock was up close to 0.49% on light volume in last trading session and closed at $51.3 per share. After the recent gain, the stock is currently holding -21.44% below its 52 week high of $65.56 and 30.83% above its 12-month low of $38.5. The shares are up by over 1.81% in the last three months, and the RSI indicator value of 27.32 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

BB&T Corporation (BBT) failed to extend gains with the stock declining -0.54% or $-0.26 to close the day at $48 on light trading volume of 3.94M shares, compared to its three month average trading volume of 4.82M. The Winston-Salem North Carolina 27101 based company has been outperforming the regional – southeast banks group over the past 52 weeks, with the stock gaining 53.36%, compared to the industry which has advanced 66.09% over the same period. With RSI of 64.48, the stock should still continue to rise and get closer to its one year target estimate of $48.52, making it a hold for now.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Kimco Realty Corporation (KIM) gained $0.09 to close the day at a new closing price of $24.23, a 0.37% increase in value from its previous closing price that moved the stock 0.87% above its 52 week low of $24.02. A total of 3.92M shares exchanged hands during the day compared with its three month average trading volume of 3.31M. The stock, which fluctuated between $24.1 and $24.53 during the day, currently situated -23.34% below its 52 week high. The stock is down by -4.98% in the past one month and down by -6.03% over the past three months. With a one year target estimate of $27.53 and RSI of 39.75, the stock still has upside potential, making it a hold for now.

Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers. The firm also provides property management services relating to the management, leasing, operation, and maintenance of real estate properties. Kimco Realty Corporation was formed in 1966 and is based in New Hyde Park, New York with additional office all across North America.

 

3 Stocks in Focus: Twenty-First Century Fox, Inc. (FOX), Energy Transfer Partners, L.P. (ETP), Hess Corporation (HES)

Twenty-First Century Fox, Inc. (FOX) fell -0.2% during last trading as the stock lost $-0.06 to finish the day at $29.65 with about 3.05M shares changing hands, compared to its three month average trading volume of 3.38M. The $23.68B market cap company, which fluctuated between $29.53 and $29.85 during the day, currently situated 27.75% above its 52 week low of $23.88 and -5.27% away from its one year high of $31.3. The RSI of 51.08 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, including 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, as well as produces and licenses television programming worldwide. Further, it offers video advertising services, including consumer engagement and on-demand marketing campaigns; and operates two San Francisco-Bay area television stations. The company was formerly known as News Corporation. Twenty-First Century Fox, Inc. was founded in 1922 and is headquartered in New York, New York.

Energy Transfer Partners, L.P. (ETP) dropped $-0.31 to close the day at a new closing price of $38.08, a -0.81% decrease in value from its previous closing price that moved the stock 114.58% above its 52 week low of $24.37. A total of 3.05M shares exchanged hands during the day compared with its three month average trading volume of 4.07M. The stock, which fluctuated between $37.81 and $38.92 during the day, currently situated -7.22% below its 52 week high. The stock is up by 8.04% in the past one month and up by 5.53% over the past three months. With a one year target estimate of $43.95 and RSI of 59.25, the stock still has upside potential, making it a hold for now.

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.

Hess Corporation (HES) had a light trading with around 3M shares changing hands compared to its three month average trading volume of 4.37M. The stock traded between $52.2 and $53.53 before closing at the price of $52.51 with 0.36% change on the day. The New York New York 10036 based company is currently trading 44.79% above its 52 week low of $39.95 and -19.59% below its 52 week high of $65.56. Both the RSI indicator and target price of 29.9 and $65.71 respectively, lead us to believe that it could rise over the coming weeks.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

 

Traders Recap: Annaly Capital Management, Inc. (NLY), Noble Energy, Inc. (NBL), Hess Corporation (HES)

Annaly Capital Management, Inc. (NLY) continued its upward trend with the stock climbing 0.67% or $0.07 to close the day at $10.5 on lower than average trading volume of 5.1M shares, compared to its three month average trading volume of 7.14M. The New York New York 10036 based company has been outperforming the reit – diversified companies by 5.3755% for last three months and its recent gains have pushed the stock slightly up 5.32% YTD, versus the reit – diversified industry which is up 3.67% for the same period. The RSI of 68.22 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.

Noble Energy, Inc. (NBL) had a active trading with around 4.99M shares changing hands compared to its three month average trading volume of 4.25M. The stock traded between $37.66 and $38.7 before closing at the price of $38.25 with -1.42% change on the day. The Houston Texas 77070 based company is currently trading 44.79% above its 52 week low of $26.71 and -8.76% below its 52 week high of $42.03. Both the RSI indicator and target price of 41.91 and $46.91 respectively, lead us to believe that it should be put on hold over the coming weeks.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in DJ Basin, Marcellus Shale, Eagle Ford Shale, and Permian Basin, the United States; deepwater Gulf of Mexico; offshore Eastern Mediterranean; and offshore West Africa. As of December 31, 2015, the company had approximately 1,421 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas.

Hess Corporation (HES) traded within a range of $50.43 to $52.39 after opening the day at $51.03. The company has seen its stock decrease in value by -17.26% so far this year. The stock was up close to 0.06% on active volume in last trading session and closed at $51.54 per share. After the recent gain, the stock is currently holding -21.07% below its 52 week high of $65.56 and 42.11% above its 12-month low of $36.95. The shares are up by over 9.07% in the last three months, and the RSI indicator value of 23.26 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

 

3 Stocks in Focus: J.B. Hunt Transport Services, Inc. (JBHT), Hess Corporation (HES), Southwest Airlines Co. (LUV)

J.B. Hunt Transport Services, Inc. (JBHT) fell -0.14% during last trading as the stock lost $-0.14 to finish the day at $99.52 with about 3.33M shares changing hands, compared to its three month average trading volume of 978.10K. The $10.89B market cap company, which fluctuated between $99.05 and $100.5 during the day, currently situated 40.23% above its 52 week low of $71.54 and -2.79% away from its one year high of $102.38. The RSI of 57.26 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates through four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). The JBI segment offers intermodal freight solutions, such as origin and destination pickup, and delivery services. It operates 78,957 pieces of company-owned trailing equipment; owns and maintains its chassis fleet comprising 68,076 units; and manages a fleet of 4,276 company-owned tractors and 805 independent contractor trucks. The DCS segment designs, develops, and executes supply-chain solutions that support various transportation networks. As of December 31, 2015, it operated 6,762 company-owned trucks, 436 customer-owned trucks, and 10 independent contractor trucks, as well as 15,020 owned pieces of trailing equipment, and 6,652 customer-owned trailers. The ICS segment provides traditional freight brokerage and transportation logistics solutions; and flatbed, refrigerated, expedited, and less-than-truckload solutions, as well as various dry-van and intermodal solutions. It also offers single-source logistics management for customers that desire to outsource their transportation functions. This segment operates 34 remote sales offices or branches. The JBT segment provides full-load and dry-van freight services by utilizing tractors operating over roads and highways. As of December 31, 2015, this segment operated 1,462 company-owned tractors. The company also transports or arranges for the transportation of freight, including general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. J.B. Hunt Transport Services, Inc. was founded in 1961 and is headquartered in Lowell, Arkansas.

Hess Corporation (HES) dropped $-1.15 to close the day at a new closing price of $53.16, a -2.12% decrease in value from its previous closing price that moved the stock 46.58% above its 52 week low of $36.95. A total of 3.31M shares exchanged hands during the day compared with its three month average trading volume of 4.35M. The stock, which fluctuated between $52.65 and $54.48 during the day, currently situated -18.59% below its 52 week high. The stock is down by -14.4% in the past one month and up by 13.34% over the past three months. With a one year target estimate of $65.83 and RSI of 28.39, the stock still has upside potential, making it a buy for now.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

Southwest Airlines Co. (LUV) had a light trading with around 3.31M shares changing hands compared to its three month average trading volume of 5.94M. The stock traded between $52.9 and $53.38 before closing at the price of $53.07 with 0.36% change on the day. The Dallas Texas 75235 based company is currently trading 57.69% above its 52 week low of $34.3 and -2.05% below its 52 week high of $54.18. Both the RSI indicator and target price of 62.2 and $62.07 respectively, lead us to believe that it should be put on hold over the coming weeks.

Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2015, it operated 704 Boeing 737 aircraft. The company served 97 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 7 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, the Dominican Republic, Costa Rica, and Belize. It also sells frequent flyer points and related services to business partners participating in the Rapid Rewards frequent flyer program, including car rental agencies, hotels, restaurants, and retailers. The company was founded in 1967 and is headquartered in Dallas, Texas.

 

Worth Watching Stocks: Hess Corporation (HES), Equity Residential (EQR), CA, Inc. (CA)

Hess Corporation (HES) saw its value increase by 0.84% as the stock gained $0.45 to finish the day at a closing price of $53.96. The stock was lighter in trading and has fluctuated between $36.95-$65.56 per share for the past year. The shares, which traded within a range of $52.94 to $54.28 during the day, are up by 13.22% in the past three months and up by 2.01% over the past six months. It is currently trading -7.38% below its 20 day moving average and -8.47% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $65.75 a share over the next twelve months. The current relative strength index (RSI) reading is 30.48.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

Equity Residential (EQR) shares were up in last trading by 1.44% to $60.76. It experienced higher than average volume on day. The stock decreased in value by almost -1.24% over the past week and fell -4.51% in the past month. It is currently trading -2.23% below its 50 day moving average and -2.72% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -13.66% decrease in value from its one year high of $76.15. The RSI indicator value of 40.3, lead us to believe that it is a hold for now.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. As of December 31, 2007, it owned and invested in 579 properties in 24 states and the District of Columbia consisting of 152,821 units. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Equity Residential was founded in 1966 and is headquartered in Chicago, Illinois.

CA, Inc. (CA) traded within a range of $30.62 to $31.5 after opening the day at $30.84. The company has seen its stock decrease in value by -1.07% so far this year. The stock was up close to 1.55% on active volume in last trading session and closed at $31.43 per share. After the recent gain, the stock is currently holding -8.75% below its 52 week high of $34.99 and 20.94% above its 12-month low of $26.85. The shares are up by over 2.95% in the last three months, and the RSI indicator value of 43.89 is neither bullish nor bearish, tempting investors to stay on the sidelines.

CA, Inc. provides information technology (IT) management software and solutions that help organizations plan, develop, manage, and secure applications and IT infrastructure in the United States and internationally. The company operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment’s products portfolio include databases and database management, systems and operations management, application development, and security and compliance. The Enterprise Solutions segment provides products that are designed for distributed and cloud computing environments and run on industry standard servers. It offers Agile management solutions, which enables customers to plan and manage software development process and IT services delivery; DevOps solutions comprising a range of solutions that allow customers to deliver and manage applications and IT infrastructure; and security solutions, such as identity-centric security portfolio that allows customers to manage identities and regulate access from the device to the data center. The Services segment offers consulting, implementation, application management services, education, and support services to commercial and government customers. The company serves banks, insurance companies, other financial services providers, government agencies, global service providers, telecommunication providers, manufacturers, technology companies, retailers, educational organizations, and health care institutions. CA, Inc. sells its solutions through direct sales force, as well as indirectly through its partners. The company was formerly known as CA Technologies and changed its name to CA, Inc. in 2006. CA, Inc. was founded in 1974 and is headquartered in New York, New York.

 

Stocks Intraday Alert: Hess Corporation (HES), Halliburton Company (HAL), Schlumberger Limited (SLB)

Hess Corporation (HES) managed to rebound with the stock climbing 0.44% or $0.24 to close the day at $54.18 on lower than average trading volume of 4.16M shares, compared to its three month average trading volume of 4.38M. The New York New York 10036 based company has been outperforming the independent oil & gas companies by 8.0916% for last three months and its recent gains have offset losses to -13.02% YTD, versus the independent oil & gas industry which is down -2.64% for the same period. The RSI of 29.82 indicates the stock is oversold at the current levels, buy for now.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

Halliburton Company (HAL) had a light trading with around 5.85M shares changing hands compared to its three month average trading volume of 8.46M. The stock traded between $55.81 and $56.78 before closing at the price of $56.57 with 0.16% change on the day. The Houston Texas 77032 based company is currently trading 105.84% above its 52 week low of $27.96 and -3.76% below its 52 week high of $58.78. Both the RSI indicator and target price of 55.14 and $63.11 respectively, lead us to believe that it should be put on hold over the coming weeks.

Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company’s Completion and Production segment offers production enhancement services, including stimulation and sand control services; and cementing services, such as bonding the well, well casing, and casing equipment. It also provides completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems, and service tools; pressure control services comprising coiled tubing, hydraulic workover units, and downhole tools; and pipeline and process services, such as pre-commissioning and maintenance, subsea pipeline, conventional pipeline, and process services. In addition, this segment offers oilfield production and completion chemicals and services; electrical submersible pumps and progressive cavity pumps; and installation, maintenance, repair, and testing services. The company’s Drilling and Evaluation segment provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; and drilling systems and services. It also offers wireline and perforating services that include open-hole logging, cased-hole and slickline, borehole seismic, and formation and reservoir solutions; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. In addition, this segment offers integrated exploration, drilling, and production software, as well as related professional and data management services; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and oilfield project management and integrated solutions. Halliburton Company was founded in 1919 and is based in Houston, Texas.

Schlumberger Limited (SLB) traded within a range of $83.11 to $84.25 after opening the day at $83.9. The company has seen its stock decrease in value by -0.29% so far this year. The stock was up close to 0.12% on light volume in last trading session and closed at $83.71 per share. After the recent gain, the stock is currently holding -4.7% below its 52 week high of $87.84 and 29.98% above its 12-month low of $66.1. The shares are up by over 6.32% in the last three months, and the RSI indicator value of 43.05 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Schlumberger Limited supplies technology products and services to the oil and gas exploration and production industry worldwide. Its Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services. Its Drilling Group segment designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services. Its Production Group segment provides well services comprising pressure pumping, well cementing, and stimulation services; coiled tubing equipment; well completion services and equipment that include packers, safety valves, and sand control technology, as well as completions technology and equipment; artificial lifts; and integrated production and production management services. Its Cameron Group segment offers integrated subsea production systems; surface systems; drilling equipment and services; and valve products and measurement systems. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

 

Stocks in the Spotlight: Invesco Ltd. (IVZ), Hess Corporation (HES), Honeywell International Inc. (HON)

Invesco Ltd. (IVZ) had a active trading with around 4.02M shares changing hands compared to its three month average trading volume of 3.44M. The stock traded between $29.33 and $30.03 before closing at the price of $29.51 with -1.63% change on the day. The  based company is currently trading 30.62% above its 52 week low of $23.02 and -11.49% below its 52 week high of $33.34. Both the RSI indicator and target price of 37.26 and $34.67 respectively, lead us to believe that it should be put on hold over the coming weeks.

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in December 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.

Hess Corporation (HES) continued its downward trend with the stock declining -2.31% or $-1.3 to close the day at $54.87 on light trading volume of 3.97M shares, compared to its three month average trading volume of 4.36M. The New York New York 10036 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 38.58%, compared to the industry which has advanced 44.7% over the same period. With RSI of 34.63, the stock should still continue to rise and get closer to its one year target estimate of $65.75, making it a hold for now.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

Honeywell International Inc. (HON) shares were up in last trading by 0.38% to $118.42. It experienced higher than average volume on day. The stock increased in value by almost 0.51% over the past week and grew 1.19% in the past month. It is currently trading 2.24% above its 50 day moving average and 3.94% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.28% decrease in value from its one year high of $120.02. The RSI indicator value of 60.45, lead us to believe that it is a hold for now.

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

 

Stocks Alert: The Home Depot, Inc. (HD), Hess Corporation (HES), American Express Company (AXP)

The Home Depot, Inc. (HD) retreated with the stock falling -0.01% or $-0.01 to close at $138.06 on light trading volume of 4.05M compared its three months average trading volume of 5.29M. The Atlanta Georgia 30339 based company operating under the Home Improvement Stores industry has been trending up for the last 52 weeks, with the shares price now 15.85% up for the period and up by 2.97% so far this year. With price target of $148.08 and a 28.62% rebound from 52-week low, The Home Depot, Inc. has plenty of upside potential, making it a hold with a view buy.

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

Hess Corporation (HES) gained $0.37 to close the day at a new closing price of $57.52, a 0.65% increase in value from its previous closing price that moved the stock 72.26% above its 52 week low of $34.02. A total of 4.01M shares exchanged hands during the day compared with its three month average trading volume of 4.39M. The stock, which fluctuated between $56.65 and $58.03 during the day, currently situated -11.91% below its 52 week high. The stock is down by -9.5% in the past one month and up by 9.46% over the past three months. With a one year target estimate of $65.63 and RSI of 41.16, the stock still has upside potential, making it a hold for now.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

American Express Company (AXP) shares were up in last trading by 1.92% to $77.43. It experienced lighter than average volume on day. The stock increased in value by almost 1.08% over the past week and grew 3.24% in the past month. It is currently trading 5.03% above its 50 day moving average and 17.45% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.73% decrease in value from its one year high of $78. The RSI indicator value of 63.79, lead us to believe that it is a hold for now.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. It operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services. The company’s products and services include charge and credit card products; network services; expense management products and services; travel-related services; and stored value/prepaid products. Its products and services also comprise merchant acquisition and processing, servicing and settlement, merchant financing, point-of-sale, and marketing and information products and services for merchants; fraud prevention services; and the design of customized customer loyalty and rewards programs. The company sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through direct mail, online applications, in-house and third-party sales forces, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

 

3 Notable Runners: EOG Resources, Inc. (EOG), Hess Corporation (HES), Nucor Corporation (NUE)

EOG Resources, Inc. (EOG) failed to extend gains with the stock declining -1.91% or $-2.01 to close the day at $103.46 on lower than average trading volume of 3.04M shares, compared to its three month average trading volume of 3.63M. The Houston Texas 77002 based company has been outperforming the independent oil & gas companies by 9.1525% for last three months and its recent gains have pushed the stock slightly up 2.5% YTD, versus the independent oil & gas industry which is down -1.5% for the same period. The RSI of 51.84 indicates the stock is neither overvalued nor undervalued at the current levels, 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.

Hess Corporation (HES) had a light trading with around 3.03M shares changing hands compared to its three month average trading volume of 4.38M. The stock traded between $56.69 and $57.96 before closing at the price of $57.15 with -1.43% change on the day. The New York New York 10036 based company is currently trading 71.15% above its 52 week low of $34.02 and -12.48% below its 52 week high of $65.56. Both the RSI indicator and target price of 38.33 and $65.63 respectively, lead us to believe that it should be put on hold over the coming weeks.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

Nucor Corporation (NUE) traded within a range of $59.5 to $61.33 after opening the day at $61.18. The company has seen its stock increase in value by 0.91% so far this year. The stock was down close to -1.52% on light volume in last trading session and closed at $60.06 per share. After the recent fall, the stock is currently holding -11.13% below its 52 week high of $68 and 78.35% above its 12-month low of $34.9. The shares are up by over 24.96% in the last three months, and the RSI indicator value of 47.5 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; structural steel products comprising wide-flange beams, beam blanks, H-pilings, and sheet pilings; and bar steel products, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products. This segment sells its products to steel service centers, fabricators, and manufacturers in automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment offers steel joists and joist girders, steel decks, fabricated concrete reinforcing and cold finished steel products, steel fasteners, metal building systems, steel gratings, and wire and wire mesh products to general contractors, fabricators, distributors, and manufacturers. Its products are used by contractors in constructing highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as holds working interest in natural gas drilling programs. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for use in manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills, and other processors and consumers of various nonferrous metals. The company offers its products through its in-house sales forces, as well as internal distribution and trading companies. Nucor Corporation was founded in 1940 and is based in Charlotte, North Carolina.

 

3 Trending Stocks: Johnson Controls International plc (JCI), Hess Corporation (HES), Berkshire Hathaway Inc. (BRK-B)

Johnson Controls International plc (JCI) continued its downward trend with the stock declining -0.51% or $-0.22 to close the day at $42.87 on light trading volume of 3.19M shares, compared to its three month average trading volume of 5.97M. The Cork Cork T12 X8N6 based company has been outperforming the auto parts group over the past 52 weeks, with the stock gaining 46.84%, compared to the industry which has advanced 32.88% over the same period. With RSI of 47.9, the stock should still continue to rise and get closer to its one year target estimate of $50.18, making it a hold for now.

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Buildings and Power Solutions segments. It designs, produces, markets, and installs heating, ventilating, and air conditioning (HVAC) systems, building management systems, controls, and security and mechanical equipment. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services. In addition, it designs, sells, installs, services, and monitors electronic security systems, and fire detection and suppression systems; and manufactures and sells intrusion security products, anti-theft devices, breathing apparatus, and access control and video management systems for commercial, industrial, retail, residential, small business, institutional, and governmental customers. Further, the company produces and supplies lead-acid automotive batteries for passenger cars, light trucks, and utility vehicles, as well as advanced battery technologies to power start-stop, hybrid, and electric vehicles. It offers its lead-acid automotive batteries to automotive original equipment manufacturers and the general vehicle battery aftermarket. The company was formerly known as Johnson Controls, Inc. and changed its name to Johnson Controls International plc in September 2016. Johnson Controls International plc was founded in 1885 and is headquartered in Cork, Ireland.

Hess Corporation (HES) fell -1.89% during last trading as the stock lost $-1.11 to finish the day at $57.72 with about 3.17M shares changing hands, compared to its three month average trading volume of 4.37M. The $18.26B market cap company, which fluctuated between $57.65 and $58.97 during the day, currently situated 81.45% above its 52 week low of $34.02 and -11.61% away from its one year high of $65.56. The RSI of 40.41 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

Berkshire Hathaway Inc. (BRK-B) saw its value decrease by -0.67% as the stock dropped $-1.08 to finish the day at a closing price of $159.41. The stock was lighter in trading and has fluctuated between $123.55-$167.25 per share for the past year. The shares, which traded within a range of $159.11 to $161.12 during the day, are up by 10.47% in the past three months and up by 9.06% over the past six months. It is currently trading -2.43% below its 20 day moving average and -0.7% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $192.5 a share over the next twelve months. The current relative strength index (RSI) reading is 37.78. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Berkshire Hathaway Inc. operates as a holding company. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, and distributes electricity from solar, wind, nuclear, geothermal, and hydro sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets. In addition, it offers real estate brokerage services; invests in fixed-income and equity instruments; and engages in manufactured housing and finance business, leasing of transportation equipment, and furniture leasing activities. Further, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and other products; flooring, insulation, roofing and engineered, building and engineered components, paint and coating, and bricks and masonry products; recreational vehicles, apparel products, jewelry, and custom picture framing products; and alkaline batteries. Additionally, it manufactures structural investment castings and forged components, machined airframe components and engineered critical fasteners; airfoil castings; titanium and nickel superalloy melted and mill products; and seamless pipes, fittings, and forgings. The company distributes newspapers, televisions, and information; franchises and services quick service restaurants; distributes electronic components; and offers steel and logistics services, professional aviation training programs, and fractional aircraft ownership programs. In addition, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchen tools; and motorcycle apparel and equipment. The company was founded in 1889 and is headquartered in Omaha, Nebraska.