3 Stocks to Watch For: Best Buy Co., Inc. (BBY), UnitedHealth Group Incorporated (UNH), Hormel Foods Corporation (HRL)

Best Buy Co., Inc. (BBY) saw its value decrease by -1.2% as the stock dropped $-0.55 to finish the day at a closing price of $45.37. The stock was lighter in trading and has fluctuated between $28.76-$49.4 per share for the past year. The shares, which traded within a range of $45.14 to $46.22 during the day, are up by 14.45% in the past three months and up by 38.09% over the past six months. It is currently trading 2.38% above its 20 day moving average and 0.72% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $45.45 a share over the next twelve months. The current relative strength index (RSI) reading is 53.56.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, bestbuy.com.mx, and Geek Squad brand names, as well as through call centers. As of January 30, 2016, it had approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

UnitedHealth Group Incorporated (UNH) shares were down in last trading by -0.39% to $163.65. It experienced lighter than average volume on day. The stock increased in value by almost 2% over the past week and grew 3.75% in the past month. It is currently trading 1.6% above its 50 day moving average and 13.27% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -0.75% decrease in value from its one year high of $164.97. The RSI indicator value of 58.2, lead us to believe that it is a hold for now.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, individuals, and military service members; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. It also provides services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Children’s Health Insurance Program, and health care programs; and health services, including commercial health and dental benefits. This segment serves through a network of 1 million physicians and other health care professionals, as well as approximately 6,000 hospitals and other facilities. Its OptumHealth segment offers health management services, including care delivery and management, wellness and consumer engagement, distribution, and health financial services. This segment serves individuals through programs offered by employers, payers, government entities, and directly with the care delivery systems. The company’s OptumInsight segment provides software and information products, and business process outsourcing and support services to hospital systems, physicians, health plans, governments, life sciences companies, and other organizations. Its OptumRx segment offers pharmacy care services and programs, including retail network contracting, home delivery and specialty pharmacy, and purchasing and clinical, as well as develops programs in areas, such as step therapy, formulary management, drug adherence, and disease/drug therapy management. UnitedHealth Group Incorporated was founded in 1974 and is based in Minnetonka, Minnesota.

Hormel Foods Corporation (HRL) traded within a range of $37.03 to $37.97 after opening the day at $37.77. The company has seen its stock increase in value by 7.5% so far this year. The stock was down close to -1.66% on active volume in last trading session and closed at $37.24 per share. After the recent fall, the stock is currently holding -17.21% below its 52 week high of $44.73 and 12.78% above its 12-month low of $33.18. The shares are up by over 4.85% in the last three months, and the RSI indicator value of 61.53 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

 

Stocks To Track: Citrix Systems, Inc. (CTXS), McDonald’s Corporation (MCD), Hormel Foods Corporation (HRL)

Citrix Systems, Inc. (CTXS) climbed 0.19% during last trading as the stock added $0.15 to finish the day at $78.93 with about 2.23M shares changing hands, compared to its three month average trading volume of 1.66M. The $12.29B market cap company, which fluctuated between $78.05 and $79.36 during the day, currently situated 23.08% above its 52 week low of $65.87 and -17.7% away from its one year high of $79.38. The RSI of 37.93 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Citrix Systems, Inc. develops and sells products and services that enable delivery of applications and data over public, private, or hybrid clouds or networks to various types of devices. The company’s Enterprise and Service Provider segment provides XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; XenMobile Enterprise to manage mobile devices, apps, and data; Citrix Workspace Suite, a business mobility solution; and NetScaler, an all-in-one application delivery controller. Its Mobility Apps segment provides GoToMeeting for online meetings, sales demonstrations, and collaborative gatherings; GoToWebinar, a do-it-yourself Webinar product; GoToTraining, an online training product; OpenVoice, a reservation-less audio conferencing service; and Grasshopper, a cloud-based telephony solutions for small businesses. This division also provides ShareFile, a cloud-based file sharing and storage solution for businesses; GoToMyPC, an online service that enables mobile workstyles by providing remote access to a PC or Mac from virtually Internet-connected computer, as well as from supported iOS or Android mobile devices; and GoToAssist, which offers cloud-based information technology support solutions. In addition, it offers license updates and maintenance services, including subscription, technical support, and hardware and software maintenance services; and consulting, and product training and certification services. Citrix Systems, Inc. markets and licenses its products through systems integrators, resellers, distributors, original equipment manufacturers, and service providers, as well as directly to customers worldwide. The company, formerly known as Citrus Systems, Inc., was founded in 1989 and is headquartered in Fort Lauderdale, Florida.

McDonald’s Corporation (MCD) gained $0.27 to close the day at a new closing price of $125.81, a 0.22% increase in value from its previous closing price that moved the stock 14.92% above its 52 week low of $110.33. A total of 2.66M shares exchanged hands during the day compared with its three month average trading volume of 3.77M. The stock, which fluctuated between $125.27 and $126.07 during the day, currently situated -2.46% below its 52 week high. The stock is up by 3.55% in the past one month and up by 11% over the past three months. With a one year target estimate of $131.17 and RSI of 68.34, the stock still has upside potential, making it a hold for now.

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2015, it operated 36,525 restaurants, including 30,081 franchised restaurants comprising 21,147 franchised to conventional franchisees, 5,529 licensed to developmental licensees, and 3,405 licensed to foreign affiliates; and 6,444 company-operated restaurants. The company has strategic partnerships with CITIC Limited, CITIC Capital, and The Carlyle Group to expand its business in Mainland China and Hong Kong. McDonald’s Corporation was founded in 1940 and is based in Oak Brook, Illinois.

Hormel Foods Corporation (HRL) had a light trading with around 1.83M shares changing hands compared to its three month average trading volume of 2.58M. The stock traded between $37.07 and $37.6 before closing at the price of $37.59 with 0.91% change on the day. The Austin Minnesota 55912 based company is currently trading 13.84% above its 52 week low of $33.18 and -16.43% below its 52 week high of $44.82. Both the RSI indicator and target price of 70.43 and $39.73 respectively, lead us to believe that it could drop over the coming weeks.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

 

Momentum Stocks: Linear Technology Corporation (LLTC), Hormel Foods Corporation (HRL), Dell Technologies Inc. (DVMT)

Linear Technology Corporation (LLTC) grew with the stock adding 0.44% or $0.28 to close at $63.83 on light trading volume of 1.26M compared its three months average trading volume of 1.72M. The Milpitas California 95035 based company operating under the Semiconductor – Specialized industry has been trending up for the last 52 weeks, with the shares price now 60.09% up for the period and up by 2.37% so far this year. With price target of $63 and a 63.76% rebound from 52-week low, Linear Technology Corporation has plenty of upside potential, making it a hold with a view buy.

Linear Technology Corporation designs, manufactures, and markets a line of analog integrated circuits worldwide. It offers amplifiers, high speed amplifiers, voltage regulators and references, interface circuits, data converters, battery stack monitors, silicon oscillators and Timer Blox, and phase locked loop synthesizers and clock distribution products. The company also provides SmartMesh embedded wireless sensor network products; isolated µModule transceivers; radio and microwave frequency circuits; power over Ethernet controllers; µModule power products; signal chain µModule products; and other linear circuits comprising buffers, power monitors, motor controllers, coulomb counters, diodes/bridges, hot swap circuits, comparators, sample-and-hold devices, timers, drivers, and filters. Its linear circuits are used in various applications, including factory automation, process control, industrial and laboratory instrumentation, security monitoring and complex medical devices, telecommunications, and networking products; automotive electronics, tablet, notebook, and desktop computers; computer peripherals, video/multimedia, military, space, and other harsh environment systems; and consumer products. The company markets its products primarily through direct sales staff and electronics distributors. Linear Technology Corporation was founded in 1981 and is headquartered in Milpitas, California.

Hormel Foods Corporation (HRL) had a light trading with around 1.26M shares changing hands compared to its three month average trading volume of 2.73M. The stock traded between $36.22 and $36.53 before closing at the price of $36.48 with 0.63% change on the day. The Austin Minnesota 55912 based company is currently trading 10.48% above its 52 week low of $33.18 and -18.9% below its 52 week high of $45.72. Both the RSI indicator and target price of  and $39.73 respectively, lead us to believe that it could rise over the coming weeks.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Dell Technologies Inc. (DVMT) saw its value decrease by -0.03% as the stock dropped $-0.02 to finish the day at a closing price of $64.84. The stock was lighter in trading and has fluctuated between $42.02-$65.14 per share for the past year. The shares, which traded within a range of $64.5 to $65.1 during the day, are up by 30.94% in the past three months and down by 0% over the past six months. It is currently trading 7.04% above its 20 day moving average and 13.63% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $0 a share over the next twelve months. The current relative strength index (RSI) reading is 82.03.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Denali Holding Inc. provides a range of technology solutions worldwide. It offers client computing devices, including desktop personal computers, notebooks, and tablets; rack, blade, tower, and hyperscale servers for enterprise customers; value tower servers for small organizations, networks, and remote offices; networking solutions; and storage solutions, including storage area networks, network-attached and direct-attached storage, and backup systems. It also sells peripherals, including monitors, printers, projectors, and other client and enterprise peripherals, as well as third-party software products. In addition, the company offers support and extended warranty, enterprise installation, and configuration services; and infrastructure and security managed, cloud computing and infrastructure consulting, and security consulting and threat intelligence services. Further, it provides application services, such as application development, maintenance, migration, management, and consulting, as well as package implementation, testing and quality assurance functions, business intelligence and data warehouse solutions; business process services comprising back office administration, call center management, and other technical and administration services; and system and information management, and security software services. Additionally, the company offers financial services, including originating, collecting, and servicing customer receivables primarily related to the purchase of its products. It serves corporate businesses; educational institutions, government, healthcare, and law enforcement agencies; small and medium-sized businesses; and consumers directly, as well as through retailers, third-party solution providers, system integrators, and third-party resellers. Denali Holding Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

 

Stocks Under Consideration: Celanese Corporation (CE), Hormel Foods Corporation (HRL), Discover Financial Services (DFS)

Celanese Corporation (CE) grew with the stock adding 1.69% or $1.46 to close at $88.05 on light trading volume of 2.04M compared its three months average trading volume of 830.22K. The Irving Texas 75039 based company operating under the Chemicals – Major Diversified industry has been trending up for the last 52 weeks, with the shares price now 52.37% up for the period and up by 11.82% so far this year. With price target of $88.89 and a 63.27% rebound from 52-week low, Celanese Corporation has plenty of upside potential, making it a hold with a view buy.

Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. The company’s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. Its Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filtration applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage, and pharmaceutical industries; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products. The company’s Industrial Specialties segment offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, medical products, automotive parts, and carpeting applications. Its Acetyl Intermediates segment produces and sells acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals. The segment also provides organic solvents and intermediates for use in pharmaceutical, agricultural, and chemical products. The company was founded in 1918 and is headquartered in Irving, Texas.

Hormel Foods Corporation (HRL) had a light trading with around 2.04M shares changing hands compared to its three month average trading volume of 2.78M. The stock traded between $35.85 and $36.29 before closing at the price of $35.87 with -0.75% change on the day. The Austin Minnesota 55912 based company is currently trading 8.63% above its 52 week low of $33.18 and -20.25% below its 52 week high of $45.72. Both the RSI indicator and target price of  and $39.73 respectively, lead us to believe that it could rise over the coming weeks.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Discover Financial Services (DFS) saw its value decrease by -0.1% as the stock dropped $-0.07 to finish the day at a closing price of $69.29. The stock was lighter in trading and has fluctuated between $42.86-$74.33 per share for the past year. The shares, which traded within a range of $68.81 to $69.41 during the day, are up by 23.69% in the past three months and up by 20.54% over the past six months. It is currently trading -1.21% below its 20 day moving average and -1.8% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $79.96 a share over the next twelve months. The current relative strength index (RSI) reading is 46.92.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates the Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

 

Stocks in Review: Fidelity National Financial, Inc. (FNF), Hormel Foods Corporation (HRL), The J. M. Smucker Company (SJM)

Fidelity National Financial, Inc. (FNF) traded within a range of $34.66 to $35.37 after opening the day at $34.83. The company has seen its stock increase in value by 4.12% so far this year. The stock was up close to 1.64% on light volume in last trading session and closed at $35.36 per share. After the recent gain, the stock is currently holding -6.95% below its 52 week high of $38.5 and 28.47% above its 12-month low of $28.24. The shares are up by over 0.32% in the last three months, and the RSI indicator value of 72.77 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Fidelity National Financial, Inc., together with its subsidiaries, provides title insurance, and technology and transaction services to the real estate and mortgage industries in the United States. Its Title segment offers title insurance, escrow, and other title related services, including collection and trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty insurance. The company’s Black Knight segment provides technology solutions, such as mortgage processing and workflow management software applications, and origination and default technology; and data and analytics services, including alternative valuation services, real estate and mortgage data, modeling and forecasting, and analytical tools that facilitate and automate various business processes in the life cycle of a mortgage. Its Restaurant Group segment owns, operates, and franchises restaurants comprising O’Charley’s, Ninety Nine Restaurants, Village Inn, Bakers Square, and Legendary Baking concepts, as well as J. Alexander’s. The company also offers information used by title insurance underwriters, title agents, and closing attorneys to underwrite title insurance policies for real property sales and transfer; and offers home inspection and commercial inspection services. Fidelity National Financial, Inc. was founded in 1847 and is headquartered in Jacksonville, Florida.

Hormel Foods Corporation (HRL) continued its upward trend with the stock climbing 0.08% or $0.03 to close the day at $36.3 on active trading volume of 3.59M shares, compared to its three month average trading volume of 2.78M. The Austin Minnesota 55912 based company has been underperforming the meat products group over the past 52 weeks, with the stock losing -10.03%, compared to the industry which has advanced 5.5% over the same period. With RSI of 59.36, the stock should still continue to rise and get closer to its one year target estimate of $39.73, making it a hold for now.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

The J. M. Smucker Company (SJM) gained $1.73 to close the day at a new closing price of $135.85, a 1.29% increase in value from its previous closing price that moved the stock 13.31% above its 52 week low of $121.79. A total of 1.59M shares exchanged hands during the day compared with its three month average trading volume of 831.51K. The stock, which fluctuated between $133.77 and $135.91 during the day, currently situated -12.72% below its 52 week high. The stock is up by 5.19% in the past one month and up by 3.57% over the past three months. With a one year target estimate of $138.85 and RSI of 69.35, the stock still has upside potential, making it a hold for now.

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates through U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Foodservice segments. The company primarily offers coffee, pet food, pet snacks, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, frozen sandwiches, flour and baking ingredients, juices and beverages, and portion control products. It also provides dog snacks, natural beverages, ice cream toppings, pickles, and canned milk. The company offers its products under the Folgers, Dunkin’ Donuts, Café Bustelo, Jif, Smucker’s, Crisco, Pillsbury, Uncrustables, Meow Mix, Milk-Bone, Natural Balance, Kibbles ‘n Bits, 9Lives, Pup-Peroni, Nature’s Recipe, Gravy Train, and Douwe Egberts brand names. It sells its products through direct sales and brokers to food retailers, food wholesalers, drug stores, club stores, mass merchandisers, discount and dollar stores, military commissaries, natural foods stores and distributors, and pet specialty stores; and through retail channels, and foodservice distributors and operators, such as restaurants, lodging, schools and universities, and health care operators. The company was founded in 1897 and is headquartered in Orrville, Ohio.

 

3 Stocks to Watch For: Marriott International, Inc. (MAR), Hormel Foods Corporation (HRL), Public Service Enterprise Group Incorporated (PEG)

Marriott International, Inc. (MAR) saw its value increase by 0.28% as the stock gained $0.24 to finish the day at a closing price of $86.08. The stock was lighter in trading and has fluctuated between $57.69-$86.32 per share for the past year. The shares, which traded within a range of $85.53 to $86.32 during the day, are up by 29.58% in the past three months and up by 21.33% over the past six months. It is currently trading 3.43% above its 20 day moving average and 4.97% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $85.13 a share over the next twelve months. The current relative strength index (RSI) reading is 70.92.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and International. It also operates, markets, and develops residential properties, as well as provides services to home/condominium owner associations. The company operates its properties primarily under the brand names of The Ritz-Carlton, Bulgari Hotels & Resorts, EDITION, JW Marriott, Autograph Collection Hotels, Renaissance Hotels, Marriott Hotels, Delta Hotels and Resorts, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, AC Hotels by Marriott, Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn & Suites by Marriott, TownePlace Suites by Marriott, Protea Hotels, and Moxy Hotels. As of January 05, 2017, it operated, franchised, and licensed approximately 6,000 properties in 120 countries. Marriott International, Inc. was founded in 1971 and is headquartered in Bethesda, Maryland.

Hormel Foods Corporation (HRL) shares were down in last trading by -0.11% to $36.12. It experienced lighter than average volume on day. The stock decreased in value by almost -0.41% over the past week and grew 2.44% in the past month. It is currently trading 3% above its 50 day moving average and -0.43% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -19.7% decrease in value from its one year high of $45.72. The RSI indicator value of 55.27, lead us to believe that it is a hold for now.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Public Service Enterprise Group Incorporated (PEG) traded within a range of $42.88 to $43.49 after opening the day at $43.41. The company has seen its stock decrease in value by -1.87% so far this year. The stock was down close to -0.62% on light volume in last trading session and closed at $43.06 per share. After the recent fall, the stock is currently holding -6.54% below its 52 week high of $47.41 and 14.23% above its 12-month low of $39.28. The shares are up by over 5.51% in the last three months, and the RSI indicator value of 44.07 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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

 

Stocks Intraday Alert: KKR & Co. L.P. (KKR), Hormel Foods Corporation (HRL), ServiceNow, Inc. (NOW)

KKR & Co. L.P. (KKR) continued its upward trend with the stock climbing 0.4% or $0.07 to close the day at $17.69 on lower than average trading volume of 2.64M shares, compared to its three month average trading volume of 2.87M. The New York New York 10019 based company has been outperforming the asset management companies by 23.443% for last three months and its recent gains have pushed the stock slightly up 14.94% YTD, versus the asset management industry which is up 2.47% for the same period. The RSI of 69 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things (iot), internet, information services, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy. In energy and infrastructure, it focuses on the Upstream Oil and Gas and Equipment and Services verticals. In real estate, the firm seeks to invest in private and public real estate securities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings, and oil and natural gas properties. The firm also invests in asset services sector that encompasses a broad array of B2B, B2C and B2G services verticals including asset-based, transport, logistics, leisure/hospitality, resource and utility support, infra-like, mission-critical, and environmental services. Within Americas, the firm prefers to invest in consumer products; chemicals, metals and mining; energy and natural resources; financial services; healthcare; industrials; media and communications; retail; and technology. Within Europe, the firm invests in consumer and retail; energy; financial services; health care; industrials and chemicals; media and digital; and telecom and technologies. Within Asia, it invests in consumer products; energy and resources; financial services; healthcare; industrials; logistics; media and telecom; retail; real estate; and technology. The firm seeks to invest in mid to high-end residential developments, but can invest in other projects throughout Mainland China through outright ownership, joint ventures, and merger. It invests globally with a focus on Australia, emerging and developed Asia, Middle East and Africa, Nordic, Southeast Asia, Asia Pacific, Ireland, Hong Kong, Japan, Taiwan, India, Vietnam, Indonesia, France, Germany, Netherlands, United Kingdom, Caribbean, Mexico, South America, North America, Brazil, Latin America, Korea, and United States of America. In the United States and Europe, the firm focuses on buyouts of large, publicly traded companies. It seeks to invest $30 million to $717 million in companies with enterprise values between $500 million to $2389 million. The firm prefers to invest in a range of debt and public equity investing and may co-invest. It seeks a board seat in its portfolio companies and a controlling ownership of a company or a strategic minority positions. The firm may acquire minority equity interests, particularly when making private equity investments in Asia or sponsoring investments as part of a large investor consortium. The firm typically holds its investment for a period of five to seven years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. KKR & Co. L.P. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, and Asia.

Hormel Foods Corporation (HRL) had a light trading with around 2.64M shares changing hands compared to its three month average trading volume of 2.78M. The stock traded between $36.48 and $36.68 before closing at the price of $36.52 with -0.05% change on the day. The Austin Minnesota 55912 based company is currently trading 10.6% above its 52 week low of $33.18 and -18.81% below its 52 week high of $45.72. Both the RSI indicator and target price of 61.16 and $39.64 respectively, lead us to believe that it should be put on hold over the coming weeks.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

ServiceNow, Inc. (NOW) traded within a range of $84.49 to $86.96 after opening the day at $84.91. The company has seen its stock increase in value by 16.17% so far this year. The stock was up close to 2.85% on active volume in last trading session and closed at $86.36 per share. After the recent gain, the stock is currently holding -3.82% below its 52 week high of $89.79 and 87.74% above its 12-month low of $46. The shares are up by over 6.62% in the last three months, and the RSI indicator value of 64.16 is neither bullish nor bearish, tempting investors to stay on the sidelines.

ServiceNow, Inc. provides enterprise cloud-based solutions that define, structure, manage, and automate services in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It offers service management solutions, including incident management, problem management, change management, and request management, as well as service catalog and knowledge base; and information technology (IT), HR, customer service, security operations, facilities, and field service management solutions. The company also provides business management solutions, such as financial management solutions; project portfolio suite that provides capabilities to plan, organize, and manage projects; governance, risk, and compliance solution that provides clarity into compliance and audit initiatives; and performance analytics solutions, as well as offers ServiceNow platform that integrates various business applications. In addition, it offers IT operations management solutions that include ServiceWatch Mapping, a service mapping and discovery solution; ServiceWatch Insight that adds event management to the ServiceWatch Mapping bundle, as well as offers insight on the issues affecting service availability and performance; and ServiceWatch Suite that adds orchestration and cloud management to the ServiceNow ITOM products. Further, the company offers professional, education, and customer support services. It serves enterprises in various industries, including financial services, consumer products, IT services, health care, and technology. The company sells products through its direct sales team, as well as indirectly through third-party channels by partnering with systems integrators, managed services providers, and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. ServiceNow, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

 

3 Stocks to Watch For: Hormel Foods Corporation (HRL), Electronic Arts Inc. (EA), Parsley Energy, Inc. (PE)

Hormel Foods Corporation (HRL) saw its value decrease by -0.22% as the stock dropped $-0.08 to finish the day at a closing price of $36.19. The stock was lighter in trading and has fluctuated between $33.18-$45.72 per share for the past year. The shares, which traded within a range of $36.05 to $36.38 during the day, are down by -3.67% in the past three months and down by -1.02% over the past six months. It is currently trading 2.19% above its 20 day moving average and 3.33% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $39.64 a share over the next twelve months. The current relative strength index (RSI) reading is 58.68.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Electronic Arts Inc. (EA) shares were down in last trading by -0.3% to $79.88. It experienced lighter than average volume on day. The stock decreased in value by almost -0.58% over the past week and grew 0.48% in the past month. It is currently trading 0.89% above its 50 day moving average and 3.31% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.19% decrease in value from its one year high of $86.07. The RSI indicator value of 51.48, lead us to believe that it is a hold for now.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for consoles, personal computers, mobile phones, and tablets worldwide. It develops and publishes digital interactive entertainment games primarily under the FIFA, Madden NFL, Star Wars, Battlefield, The Sims, Need for Speed, Mass Effect, Dragon Age, Plants vs. Zombies, and Titanfall brand names. The company also offers casual games, such as cards, puzzles, and word games through its Pogo online service. Electronic Arts Inc. was founded in 1982 and is headquartered in Redwood City, California.

Parsley Energy, Inc. (PE) traded within a range of $36.15 to $36.8 after opening the day at $36.54. The company has seen its stock increase in value by 3.32% so far this year. The stock was down close to -1.27% on light volume in last trading session and closed at $36.41 per share. After the recent fall, the stock is currently holding -8.56% below its 52 week high of $39.82 and 140.33% above its 12-month low of $15.39. The shares are up by over 0.86% in the last three months, and the RSI indicator value of 51.18 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico. As of December 31, 2015, its acreage position consisted of 110,967 net acres, including 84,441 net acres in the Midland Basin and 26,526 net acres in the Delaware Basin; and estimated proved oil and natural gas reserves were 123.8 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

 

3 Stocks to Watch For: V.F. Corporation (VFC), Hormel Foods Corporation (HRL), Adobe Systems Incorporated (ADBE)

V.F. Corporation (VFC) saw its value increase by 0.7% as the stock gained $0.36 to finish the day at a closing price of $51.85. The stock was lighter in trading and has fluctuated between $51.08-$67.1 per share for the past year. The shares, which traded within a range of $51.56 to $52.09 during the day, are down by -4.36% in the past three months and down by -16.79% over the past six months. It is currently trading -2.21% below its 20 day moving average and -5.07% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $59.78 a share over the next twelve months. The current relative strength index (RSI) reading is 42.44.The technical indicator lead us to believe there will be no major movement any time soon, hold.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the United States and Europe. The company primarily offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, surfing-inspired footwear, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands. It also provides denim, casual apparel, footwear, and accessories under the Wrangler, Lee, Lee Casuals, Riders by Lee, Rustler, Timber Creek by Wrangler, and Rock & Republic brands. In addition, the company offers occupational, protective occupational, athletic, licensed athletic, and licensed apparel products under the Red Kap, Bulwark, Horace Small, Majestic, MLB, NFL, and Harley-Davidson brands; sportswear apparel, luggage, and accessories under the Nautica brand; and handbags, luggage, backpacks, totes, and accessories under the Kipling brand. Further, it provides premium denim apparel, footwear, and accessories under the 7 For All Mankind, Splendid, and Ella Moss brands. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through company operated stores, concession retail stores, and e-commerce sites. V.F. Corporation was founded in 1899 and is headquartered in Greensboro, North Carolina.

Hormel Foods Corporation (HRL) shares were up in last trading by 0.11% to $36.27. It experienced higher than average volume on day. The stock increased in value by almost 2.46% over the past week and grew 4.79% in the past month. It is currently trading 3.52% above its 50 day moving average and -0.34% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -19.37% decrease in value from its one year high of $45.72. The RSI indicator value of 58.86, lead us to believe that it is a hold for now.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Adobe Systems Incorporated (ADBE) traded within a range of $109.57 to $110.81 after opening the day at $110.02. The company has seen its stock increase in value by 7.54% so far this year. The stock was up close to 0.84% on active volume in last trading session and closed at $110.71 per share. After the recent gain, the stock is currently holding -0.34% below its 52 week high of $111.09 and 55.34% above its 12-month low of $71.27. The shares are up by over 2.14% in the last three months, and the RSI indicator value of 68.46 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Adobe Systems Incorporated operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company’s Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, advertising and media optimization, digital experience management, cross-channel campaign management, and audience management solutions, as well as video delivery and monetization to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Print and Publishing segment offers products and services, such as eLearning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company markets and licenses its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. The company was founded in 1982 and is headquartered in San Jose, California.

 

3 Stocks to Watch For: Dick’s Sporting Goods, Inc. (DKS), Hormel Foods Corporation (HRL), United Continental Holdings, Inc. (UAL)

Dick’s Sporting Goods, Inc. (DKS) saw its value decrease by -2.12% as the stock dropped $-1.1 to finish the day at a closing price of $50.87. The stock was higher in trading and has fluctuated between $36-$62.88 per share for the past year. The shares, which traded within a range of $50.45 to $52.22 during the day, are down by -8.61% in the past three months and up by 2.05% over the past six months. It is currently trading -5.91% below its 20 day moving average and -10.81% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $64.44 a share over the next twelve months. The current relative strength index (RSI) reading is 33.54.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories. The company also owns and operates Golf Galaxy, Field & Stream, Chelsea Collective, and True Runner specialty concept stores; and e-commerce Websites, such as DICKS.com, golfgalaxy.com, fieldandstreamshop.com, and caliastudio.com. As of November 14, 2016, it operated approximately 679 Dick’s Sporting Goods stores, 73 Golf Galaxy stores, and 19 Field & Stream stores. The company was formerly known as Dick’s Clothing and Sporting Goods, Inc. and changed its name to Dick’s Sporting Goods, Inc. in April 1999. Dick’s Sporting Goods, Inc. was founded in 1948 and is headquartered in Coraopolis, Pennsylvania.

Hormel Foods Corporation (HRL) shares were up in last trading by 0.17% to $36.23. It experienced higher than average volume on day. The stock increased in value by almost 3.81% over the past week and grew 5.13% in the past month. It is currently trading 3.41% above its 50 day moving average and -0.52% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -19.45% decrease in value from its one year high of $45.72. The RSI indicator value of 58.26, lead us to believe that it is a hold for now.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

United Continental Holdings, Inc. (UAL) traded within a range of $73.25 to $74.84 after opening the day at $74.06. The company has seen its stock increase in value by 1.56% so far this year. The stock was up close to 0.03% on light volume in last trading session and closed at $74.02 per share. After the recent gain, the stock is currently holding -3.62% below its 52 week high of $76.8 and 97.86% above its 12-month low of $37.41. The shares are up by over 37.89% in the last three months, and the RSI indicator value of 55.83 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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