Eye Catching Stocks: Briggs & Stratton Corporation (BGG), HealthSouth Corporation (HLS), Ophthotech Corporation (OPHT)

Briggs & Stratton Corporation (BGG) failed to extend gains with the stock declining -5.13% or $-1.13 to close the day at $20.89 on light trading volume of 1.04M shares, compared to its three month average trading volume of 336.78K. The Wauwatosa Wisconsin 53222 based company has been outperforming the diversified machinery group over the past 52 weeks, with the stock gaining 11.65%, compared to the industry which has advanced 28.27% over the same period. With RSI of 36.97, the stock should still continue to rise and get closer to its one year target estimate of $22, making it a hold for now.

Briggs & Stratton Corporation designs, manufactures, markets, sells, and services gasoline engines for outdoor power equipment to the original equipment manufacturers in the United States. It operates in two segments, Engines and Products. The Engines segment offers four-cycle aluminum alloy gasoline engines that are used primarily by the lawn and garden equipment industry. Its products are used in various lawn and garden equipment applications, including walk-behind lawn mowers, riding lawn mowers, garden tillers, and snow throwers, as well as products for industrial, construction, agricultural, and other consumer applications that include portable and standby generators, pumps, and pressure washers. This segment also manufactures and sells replacement engines and service parts to sales and service distributors. The Products segment primarily provides a line of portable and standby generators, pressure washers, snow throwers, lawn and garden power equipment, turf care, and job site products. This segment sells its products through various channels of retail distribution, including consumer home centers, warehouse clubs, mass merchants, and independent dealers and distributors under its own brands, such as Briggs & Stratton, Simplicity, Snapper, Snapper Pro, Ferris, PowerBoss, Allmand, Billy Goat, Murray, Branco, and Victa, as well as other brands comprising Craftsman and Troy-Bilt. The company also exports its products to customers in the European Union, Asia, Australia, and Canada. Briggs & Stratton Corporation was founded in 1908 and is headquartered in Wauwatosa, Wisconsin.

HealthSouth Corporation (HLS) fell -0.15% during last trading as the stock lost $-0.06 to finish the day at $39.57 with about 1.04M shares changing hands, compared to its three month average trading volume of 1.73M. The $3.55B market cap company, which fluctuated between $39.49 and $39.78 during the day, currently situated 33.93% above its 52 week low of $30.26 and -7.72% away from its one year high of $43.38. The RSI of 35.7 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

Ophthotech Corporation (OPHT) saw its value decrease by -2.6% as the stock dropped $-0.12 to finish the day at a closing price of $4.49. The stock was lighter in trading and has fluctuated between $4.27-$65.96 per share for the past year. The shares, which traded within a range of $4.47 to $4.74 during the day, are down by -87.06% in the past three months and down by -93.09% over the past six months. It is currently trading -6.66% below its 20 day moving average and -73.9% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $8 a share over the next twelve months. The current relative strength index (RSI) reading is 22.74. The technical indicator led us to believe the stock will reverse recent losses any time soon.

Ophthotech Corporation, a biopharmaceutical company, develops novel therapeutics to treat diseases of the back of the eye. Its principal product candidate, Fovista, an anti-platelet derived growth factor, is in Phase III clinical development for use in combination with anti-vascular endothelial growth factor drugs for the treatment of wet age-related macular degeneration (AMD). The company is also developing Zimura, an inhibitor of complement factor C5, for the treatment of dry AMD and wet AMD. Ophthotech Corporation was founded in 2007 and is headquartered in New York, New York.

 

Traders Watch list: HD Supply Holdings, Inc. (HDS), Pitney Bowes Inc. (PBI), HealthSouth Corporation (HLS)

HD Supply Holdings, Inc. (HDS) saw its value decrease by -0.07% as the stock dropped $-0.03 to finish the day at a closing price of $41.99. The stock was higher in trading and has fluctuated between $21.26-$44.2 per share for the past year. The shares are up by 28.21% in the past three months and up by 17.06% over the past six months. It is currently trading -1.06% below its 20 day moving average and 7.17% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $45.93 a share over the next twelve months. The current relative strength index (RSI) reading is 55.02.The technical indicator lead us to believe there will be no major movement any time soon, hold.

HD Supply Holdings, Inc. operates as an industrial distributor in North America. The company’s Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, as well as heating, ventilating, and air conditioning products. Its Waterworks segment provides pipes, fittings, valves, hydrants, and meters for use in the construction, maintenance, and repair of water and waste-water systems, as well as fire-protection systems; and smart meters, fusible piping solutions, and engineered treatment plant products and services. The company’s Construction & Industrial—White Cap segment offers tilt-up brace systems, forming and shoring systems, concrete chemicals, hand and power tools, cutting tools, rebar, ladders, safety and fall arrest equipment, screws and fasteners, sealants and adhesives, drainage pipes, geo-synthetics, erosion and sediment control equipment, and other engineered materials used in non-residential and residential construction. Its Corporate & Other segment provides home improvement solutions, such as light remodeling and construction supplies, kitchen and bath cabinets, windows, plumbing materials, electrical equipment, and other products; and interior solutions comprising floorings, cabinets, countertops, and window coverings, as well as design center services. It serves contractors, maintenance professionals, home builders, industrial businesses, and government entities. The company was formerly known as HDS Investment Holding, Inc. and changed its name to HD Supply Holdings, Inc. in April 2013. HD Supply Holdings, Inc. is headquartered in Atlanta, Georgia.

Pitney Bowes Inc. (PBI) shares were up in last trading by 0.62% to $16.2. It experienced higher than average volume on day. The stock increased in value by almost 2.14% over the past week and grew 1.44% in the past month. It is currently trading 5.72% above its 50 day moving average and -7.67% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -23.21% decrease in value from its one year high of $21.81. The RSI indicator value of 64.56, lead us to believe that it is a hold for now.

Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement technology products and solutions in the United States and internationally. The company operates in three segments: Small & Medium Business Solutions; Enterprise Business Solutions; and Digital Commerce Solutions. The Small & Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment, software, and supplies; and provision of revolving credit and interest-bearing deposit solutions. The Enterprise Business Solutions segment offers equipment and services that enable large enterprises to process inbound and outbound mail. This segment provides production mail inserting and sortation equipment, production print systems, and supplies and related support services, as well as mail presort services. The Digital Commerce Solutions segment provides a range of solutions, including customer information management, location intelligence, customer engagement software, shipping management, and cross border ecommerce solutions as traditional software licenses, enterprise platforms, software-as-a-service, and on-demand applications, as well as offers related support services. The company’s solutions enable clients in marketing, shipping and mailing, and cross border ecommerce operations. Pitney Bowes Inc. sells its products through sales force, direct mailings, telemarketing, independent dealers and distributors, and Web channels to various business, governmental, institutional, and other organizations. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.

HealthSouth Corporation (HLS) traded within a range of $40.8 to $41.53 after opening the day at $41.23. The company has seen its stock increase in value by 0.53% so far this year. The stock was up close to 0.51% on active volume in last trading session and closed at $41.46 per share. After the recent gain, the stock is currently holding -3.31% below its 52 week high of $43.38 and 40.33% above its 12-month low of $30.26. The shares are up by over 1.86% in the last three months, and the RSI indicator value of 54.15 is neither bullish nor bearish, tempting investors to stay on the sidelines.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

 

Stocks Buzz: HealthSouth Corporation (HLS), Maxim Integrated Products, Inc. (MXIM), Caterpillar Inc. (CAT)

HealthSouth Corporation (HLS) continued its downward trend with the stock declining -0.02% or $-0.01 to close the day at $41.25 on active trading volume of 3.13M shares, compared to its three month average trading volume of 1.47M. The Birmingham Alabama 35243 based company has been outperforming the specialized health services group over the past 52 weeks, with the stock gaining 21.16%, compared to the industry which has dropped -5.32% over the same period. With RSI of 47.25, the stock should still continue to rise and get closer to its one year target estimate of $44.67, making it a hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

Maxim Integrated Products, Inc. (MXIM) grew with the stock adding 2.29% or $0.91 to close at $40.65 on active trading volume of 3.12M compared its three months average trading volume of 1.88M. The San Jose California 95134 based company operating under the Semiconductor – Broad Line industry has been trending up for the last 52 weeks, with the shares price now 30.08% up for the period and up by 5.39% so far this year. With price target of $42.02 and a 38.88% rebound from 52-week low, Maxim Integrated Products, Inc. has plenty of upside potential, making it a hold with a view buy.

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.

Caterpillar Inc. (CAT) failed to extend gains with the stock declining -0.72% or $-0.67 to close the day at $92.37 on lower than average trading volume of 3.09M shares, compared to its three month average trading volume of 4.96M. The Peoria Illinois 61630 based company has been outperforming the farm & construction machinery companies by 5.202% for last three months and its recent gains have offset losses to -0.4% YTD, versus the farm & construction machinery industry which is up 0.5% for the same period. The RSI of 48.6 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company’s Construction Industries segment offers backhoe, small wheel, skid steer, multi-terrain, compact track, medium and compact wheel, and track-type loaders; mini, wheel, and track excavators; track-type tractors; and select work tools, motor graders, telehandlers, soil compactors, and pipelayers, as well as its related parts for the heavy and general construction, rental, mining and quarry, and aggregates markets. Its Resource Industries segment provides electric rope and hydraulic shovels; draglines; drills; highwall and longwall miners; hard rock vehicles; articulated, large mining, and off-highway trucks; large wheel loaders; wheel tractor scrapers; wheel dozers; machinery components; hard rock continuous mining systems; electronics and control systems; and select work tools for use in mining and quarry applications. The company’s Energy & Transportation segment offers reciprocating engines, generator sets, marine propulsion systems, gas turbines and turbine-related services, diesel-electric locomotives, and other rail-related products and services. Its Financial Products segment provides retail and wholesale financing for Caterpillar equipment, machinery, and engines; offers property, casualty, life, accident, and health insurance; insurance brokerage services; and purchases short-term trade receivables. The company’s All Other segments remanufactures Cat engines and components, and provides remanufacturing services for other companies; offers business strategy, and development, management, manufacturing, marketing, and support primarily for paving, forestry, industrial, waste, and Cat products. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Peoria, Illinois.

 

Stocks To Track: Sprouts Farmers Market, Inc. (SFM), HEALTHSOUTH Corp. (HLS), Tractor Supply Company (TSCO)

Sprouts Farmers Market, Inc. (SFM) climbed 0.56% during last trading as the stock added $0.12 to finish the day at $21.68 with about 1.82M shares changing hands, compared to its three month average trading volume of 2.86M. The $3.09B market cap company, which fluctuated between $21.5 and $21.92 during the day, currently situated 15.94% above its 52 week low of $18.7 and -27.73% away from its one year high of $30. The RSI of 53.27 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

HEALTHSOUTH Corp. (HLS) dropped $-0.15 to close the day at a new closing price of $40.82, a -0.37% decrease in value from its previous closing price that moved the stock 37.37% above its 52 week low of $30.26. A total of 1.81M shares exchanged hands during the day compared with its three month average trading volume of 1.21M. The stock, which fluctuated between $40.76 and $41.33 during the day, currently situated -5.35% below its 52 week high. The stock is up by 2.08% in the past one month and up by 0.05% over the past three months. With a one year target estimate of $45.22 and RSI of 54.27, the stock still has upside potential, making it a hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

Tractor Supply Company (TSCO) had a light trading with around 1.81M shares changing hands compared to its three month average trading volume of 2.16M. The stock traded between $72.88 and $74.46 before closing at the price of $74.38 with 2.02% change on the day. The Brentwood Tennessee 37027 based company is currently trading 21.39% above its 52 week low of $61.5 and -22.82% below its 52 week high of $97.25. Both the RSI indicator and target price of 77.13 and $78.08 respectively, lead us to believe that it could drop over the coming weeks.

Tractor Supply Company operates rural lifestyle retail stores in the United States. It offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. As of December 26, 2015, the company operated 1,488 stores in 49 states. It operates its retail stores under the Tractor Supply Company, Del’s Feed & Farm Supply, and HomeTown Pet names. The company also operates an e-commerce Website at TractorSupply.com. It sells its products to recreational farmers, ranchers, and others, as well as tradesmen and small businesses. Tractor Supply Company was founded in 1938 and is based in Brentwood, Tennessee.

 

Stocks Trend Analysis: FireEye, Inc. (FEYE), Juniper Networks, Inc. (JNPR), HEALTHSOUTH Corp. (HLS)

FireEye, Inc. (FEYE) continued its downward trend with the stock declining -0.07% or $-0.01 to close the day at $13.55 on active trading volume of 5.94M shares, compared to its three month average trading volume of 4.69M. The Milpitas California 95035 based company has been underperforming the application software group over the past 52 weeks, with the stock losing -41.7%, compared to the industry which has advanced 2.93% over the same period. With RSI of 58.51, the stock should still continue to rise and get closer to its one year target estimate of $17.89, making it a hold for now.

FireEye, Inc. provides cybersecurity solutions for detecting, preventing, analyzing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information. It also offers Central Management System that provides cross-enterprise threat data correlation to identify and block attacks across multiple attack vectors; and Threat Analytics Platform to identify and respond to cyber threats by correlating enterprise-generated security event data from any security product with real-time threat intelligence, as well as Malware Analysis System to manually execute and inspect advanced malware, zero-day, and other advanced cyber-attacks embedded in files, email attachments, and Web objects. In addition, the company offers Network Forensics Platform that helps in detecting threats and view specific packets and sessions before, during, and after the attack to confirm what may have triggered a malware download or callback; Investigation Analysis System, a centralized analytical interface to the Network Forensics Platform; and Mandiant Intelligent Response that enables remote investigation of endpoints and allows security teams to collect targeted forensic data to identify attacker behavior, tools, and techniques. Further, it provides cloud-based subscription services; Security-as-a-Service; and incident response, compromise assessments, and related consulting, as well as training and professional, and customer support and maintenance services. FireEye, Inc. provides its products and services through distributors, resellers, and strategic partners in the United States, the Asia Pacific, Japan, Europe, the Middle East, Africa, and others. The company was formerly known as NetForts, Inc. and changed its name to FireEye, Inc. in September 2005. FireEye, Inc. was founded in 2004 and is headquartered in Milpitas, California.

Juniper Networks, Inc. (JNPR) retreated with the stock falling -0.82% or $-0.21 to close at $25.28 on active trading volume of 5.94M compared its three months average trading volume of 4.25M. The Sunnyvale California 94089 based company operating under the Networking & Communication Devices industry has been trending down for the last 52 weeks, with the shares price now -13.25% down for the period and down by -7.24% so far this year. With price target of $27.44 and a 19.88% rebound from 52-week low, Juniper Networks, Inc. has plenty of upside potential, making it a hold with a view buy.

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. It offers various routing products, including ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; T series routers; and NorthStar controllers. The company also provides various switching products comprising EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch. In addition, it offers security products, such as SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series and SRX1500, which provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; Spotlight Secure Threat Intelligence Platform, a threat intelligence platform that aggregates threat feeds from various sources; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, the company offers Junos OS, a network operating system; Junos Space, a network management platform for creating network management applications that include network director, services activation director, security director, edge services director, service now, and service insight; and Contrail networking and cloud platform solutions. Additionally, it provides technical support and professional services, as well as education and training programs. The company sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the service provider and enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

HEALTHSOUTH Corp. (HLS) failed to extend gains with the stock declining -5.55% or $-2.28 to close the day at $38.77 on higher than average trading volume of 5.88M shares, compared to its three month average trading volume of 1.02M. The Birmingham Alabama 35243 based company has been underperforming the specialized health services companies by -6.2318% for last three months and its recent losses have trimmed gains to 13.41% YTD, versus the specialized health services industry which is down -8.51% for the same period. The RSI of 41.5 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

 

Worth Watching Stocks: HEALTHSOUTH Corp. (HLS), Lennar Corporation (LEN)

HEALTHSOUTH Corp. (HLS) shares were up in last trading by 0.07% to $41.05. It experienced higher than average volume on day. The stock increased in value by almost 4.56% over the past week and grew 0.27% in the past month. It is currently trading 1.8% above its 50 day moving average and 6.65% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.82% decrease in value from its one year high of $43.38. The RSI indicator value of 56.38, lead us to believe that it is a hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

Lennar Corporation (LEN) traded within a range of $40.58 to $41.58 after opening the day at $41.53. The company has seen its stock decrease in value by -14.98% so far this year. The stock was down close to -1.22% on active volume in last trading session and closed at $41.43 per share. After the recent fall, the stock is currently holding -20.78% below its 52 week high of $52.49 and 11.85% above its 12-month low of $37.14. The shares are down by over -11.39% in the last three months, and the RSI indicator value of 45.53 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, and Homebuilding Other segments. Its homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land. The company also offers real estate related financial services, including mortgage financing, title insurance, and closing services for home buyers and others, as well as personal lines, property, and casualty insurance products. In addition, it is involved in raising, investing, and managing third party capital; and originating and selling into securitizations commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company sponsors, invests, and manages private equity vehicles, and provides asset management and other services to the vehicles and other third parties. Additionally, the company develops multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

 

Trader’s Buzzers: MRC Global Inc. (MRC), Akamai Technologies, Inc. (AKAM), HEALTHSOUTH Corp. (HLS)

MRC Global Inc. (MRC) traded within a range of $13.68 to $15.59 after opening the day at $14.56. The company has seen its stock increase in value by 13.02% so far this year. The stock was up close to 2.68% on active volume in last trading session and closed at $14.58 per share. After the recent gain, the stock is currently holding -14.79% below its 52 week high of $17.11 and 71.53% above its 12-month low of $8.5. The shares are down by over -0.07% in the last three months, and the RSI indicator value of 37.12 is neither bullish nor bearish, tempting investors to stay on the sidelines.

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and related products and services to the energy industry in the United States, Canada, and internationally. It offers ball, butterfly, gate, globe, check, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation products, and top work components, as well as steam and instrumentation products. The company also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel and alloy pipes and fittings; carbon line pipes; and oil country tubular goods, which include casings and tubing pipes. In addition, it offers natural gas distribution products, including risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment; and specialized production equipment comprising meter runs, tanks, and separators. Further, the company provides various services, such as product testing, manufacturer assessments, multiple daily deliveries, volume purchasing, inventory and zone store management and warehousing, technical support, training, just-in-time delivery, truck stocking, order consolidation, product tagging, and system interfaces. Its products are used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions, including high pressure, high/low temperature, and high corrosive and abrasive environments. The company was formerly known as McJunkin Red Man Holding Corporation and changed its name to MRC Global Inc. in January 2012. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas.

Akamai Technologies, Inc. (AKAM) continued its downward trend with the stock declining -1.07% or $-0.71 to close the day at $65.81 on active trading volume of 3.09M shares, compared to its three month average trading volume of 2.26M. The Cambridge Massachusetts 02142 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 6.66%, compared to the industry which has advanced 2.5% over the same period. With RSI of 67.98, the stock should still continue to rise and get closer to its one year target estimate of $66, making it 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.

HEALTHSOUTH Corp. (HLS) dropped $-0.16 to close the day at a new closing price of $40.29, a -0.4% decrease in value from its previous closing price that moved the stock 35.58% above its 52 week low of $30.26. A total of 3.08M shares exchanged hands during the day compared with its three month average trading volume of 942.39K. The stock, which fluctuated between $39.62 and $40.51 during the day, currently situated -6.58% below its 52 week high. The stock is down by -0.69% in the past one month and down by -3.71% over the past three months. With a one year target estimate of $46.44 and RSI of 50.86, the stock still has upside potential, making it a hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

 

Stocks In Action: The Bank of New York Mellon Corporation (BK), Exelon Corporation (EXC), HEALTHSOUTH Corp. (HLS)

The Bank of New York Mellon Corporation (BK) traded within a range of $42.73 to $43.25 after opening the day at $43.16. The company has seen its stock increase in value by 5.91% so far this year. The stock was down close to -1.22% on active volume in last trading session and closed at $42.87 per share. After the recent fall, the stock is currently holding -2.4% below its 52 week high of $44.73 and 34.92% above its 12-month low of $32.2. The shares are up by over 10.57% in the last three months, and the RSI indicator value of 61.48 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Management and Investment Services. The company offers investment management; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash management; banking services; and clearing services. It also provides mutual funds, separate accounts, wealth management and private banking services; and broker-dealer services, registered investment advisory services, prime brokerage services, and working capital solutions. In addition, the company is involved in credit-related activities, business exits, leasing operations, and corporate treasury activities; and the provision of global markets and institutional banking services. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

Exelon Corporation (EXC) continued its downward trend with the stock declining -1.68% or $-0.56 to close the day at $32.7 on active trading volume of 5.31M shares, compared to its three month average trading volume of 4.81M. The Chicago Illinois 60680 based company has been outperforming the diversified utilities group over the past 52 weeks, with the stock gaining 19.21%, compared to the industry which has advanced 10.71% over the same period. With RSI of 45.01, the stock should still continue to rise and get closer to its one year target estimate of $36.71, making it a hold for now.

Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States and Canada. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. The company also sells renewable energy and other energy-related products and services; and engages in natural gas and oil exploration and production activities, as well as sells electricity and natural gas to wholesale and retail customers. In addition, it is involved in the purchase and regulated retail sale of electricity, and the provision of electricity transmission and distribution services to retail customers in northern Illinois, southeastern Pennsylvania, and central Maryland. Further, the company engages in the purchase and regulated retail sale of natural gas, and the provision of gas distribution services to retail customers in the Pennsylvania counties surrounding the City of Philadelphia, as well as in central Maryland, including the City of Baltimore. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. The company was founded in 1887 and is headquartered in Chicago, Illinois.

HEALTHSOUTH Corp. (HLS) gained $1.83 to close the day at a new closing price of $41.09, a 4.66% increase in value from its previous closing price that moved the stock 38.27% above its 52 week low of $30.26. A total of 5.29M shares exchanged hands during the day compared with its three month average trading volume of 635.15K. The stock, which fluctuated between $40.36 and $41.55 during the day, currently situated -4.72% below its 52 week high. The stock is up by 1.91% in the past one month and down by -2.06% over the past three months. With a one year target estimate of $46 and RSI of 57.54, the stock still has upside potential, making it a hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

Stocks on Trader’s Radar: HEALTHSOUTH Corp. (HLS), PG&E Corporation (PCG), ON Semiconductor Corp. (ON)

HEALTHSOUTH Corp. (HLS) managed to rebound with the stock climbing 7.52% or $3.01 to close the day at $43.05 on light trading volume of 2.73M shares, compared to its three month average trading volume of 617.59K. The Birmingham Alabama 35243 based company has been underperforming the specialized health services group over the past 52 weeks, with the stock losing -2.11%, compared to the industry which has dropped -0.21% over the same period. With RSI of 70.53, the stock should still continue to rise and get closer to its one year target estimate of $45.09, making it a hold for now.

HealthSouth Corporation owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies in the United States. The company provides specialized rehabilitative treatment on an inpatient and outpatient basis. Its inpatient rehabilitation hospitals offer specialized rehabilitative care services to patients in various disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. The company also provides facility-based and home-based post-acute services. As of December 31, 2015, it operated 121 inpatient rehabilitation hospitals in 29 states and Puerto Rico; and managed 3 inpatient rehabilitation units through management contracts. The company was founded in 1983 and is headquartered in Birmingham, Alabama.

PG&E Corporation (PCG) climbed 0.3% during last trading as the stock added $0.19 to finish the day at $63.94 with about 2.72M shares changing hands, compared to its three month average trading volume of 2.65M. The $31.62B market cap company, which fluctuated between $63.55 and $64.19 during the day, currently situated 39.58% above its 52 week low of $47.33 and -2.28% away from its one year high of $65.43. The RSI of 53.4 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.

ON Semiconductor Corp. (ON) saw its value decrease by -0.4% as the stock dropped $-0.04 to finish the day at a closing price of $10.03. The stock was lighter in trading and has fluctuated between $6.97-$11.62 per share for the past year. The shares, which traded within a range of $9.91 to $10.11 during the day, are up by 5.91% in the past three months and up by 17.17% over the past six months. It is currently trading 7.54% above its 20 day moving average and 6.16% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $11.94 a share over the next twelve months. The current relative strength index (RSI) reading is 61.45. The technical indicator lead us to believe there will be no major movement any time soon, hold.

ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. Its Application Products Group segment provides analog, mixed-signal, and advanced logic application specific integrated circuit and application specific standard product solutions; and solutions for voltage and current options, as well as foundry and manufacturing services, including integrated passive devices technology, integrated circuit (IC) design, packaging, and silicon technology offerings. The company’s Image Sensor Group segment offers complementary metal oxide semiconductor and charge-coupled device image sensors, proximity sensors, and image signal processors. Its Standard Products Group segment provides discrete and integrated semiconductor products that perform application functions, such as power switching, signal conditioning, circuit protection, signal amplification, and voltage reference; and develops lower capacitance protection and integrated signal conditioning products to support data transmission rates, micro packages, and switching and rectification technologies. The company’s System Solutions Group segment supplies analog and mixed signal ICs, digital signal processors, analog and digital tuners, intelligent power modules, and memory and discrete semiconductors. ON Semiconductor Corporation’s devices are used in various end-products, such as automotive electronics, smartphones, media tablets, wearable electronics, computers, servers, industrial building and home automation systems, consumer white goods, imaging systems, LED lighting, power supplies, networking and telecom equipment, medical diagnostics, imaging and hearing health, and sensor networks, as well as the Internet-of-Things. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corp. was founded in 1999 and is headquartered in Phoenix, Arizona.

Analyst’s Recommendation on: HEALTHSOUTH Corp. (HLS)

The shares of HEALTHSOUTH Corp. (NYSE:HLS) currently has mean rating of 2.25 while 2 analysts have recommended the shares as “BUY”, 6 recommended as “OUTPERFORM” and 3 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 905.02M by 11 analysts. The means estimate of sales for the year ending Dec-16 is 3.67B by 11 analysts.

The mean price target for the shares of HEALTHSOUTH Corp. (HLS) is at 44.73 while the highest price target suggested by the analysts is 50.00 and low price target is 37.00. The mean price target is calculated keeping in view the consensus of 11 brokerage firms.

The average estimate of EPS for the current fiscal quarter for HEALTHSOUTH Corp. (HLS) stands at 0.60 while the EPS for the current year is fixed at 2.46 by 11 analysts.

The next one year’s EPS estimate is set at 2.70 by 11 analysts while a year ago the analysts suggested the company’s EPS at 2.46. The analysts also projected the company’s long-term growth at 10.87% for the upcoming five years.

In its latest quarter ended on 31st March 2016, HEALTHSOUTH Corp. (HLS) reported earnings of $0.61. The posted earnings topped the analyst’s consensus by $0.06 with the surprise factor of 10.90%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On May 5, 2016 HEALTHSOUTH Corp. (HLS) announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.23 per share, payable on July 15, 2016, to holders of record on July 1, 2016.

The Company’s 2.0% Convertible Senior Subordinated Notes are convertible, at the option of the holder, at any time prior to the close of business on the business day immediately preceding December 1, 2043 into shares of common stock at a conversion rate of 26.6011 shares of common stock per $1,000 principal and include antidilutive protection that provides for an increase in the number of shares of common stock issuable upon conversion resulting from common stock dividends after a de minimis threshold. The dividend payment in July likely will not trigger this antidilutive adjustment. Subsequent declaration and payment of dividends on HealthSouth common stock may require an adjustment.