Three Movers to Watch for: J. C. Penney Company, Inc. (JCP), Rite Aid Corporation (RAD), The Western Union Company (WU)

  1. C. Penney Company, Inc. (JCP) retreated with the stock falling -1.68% or $-0.12 to close at $7.02 on light trading volume of 18.56M compared its three months average trading volume of 20.17M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending up for the last 52 weeks, with the shares price now 0.43% up for the period and down by -15.52% so far this year. With price target of $10.18 and a 10.55% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Rite Aid Corporation (RAD) gained $0.09 to close the day at a new closing price of $5.7, a 1.6% increase in value from its previous closing price that moved the stock 9.62% above its 52 week low of $5.2. A total of 17.04M shares exchanged hands during the day compared with its three month average trading volume of 23.62M. The stock, which fluctuated between $5.62 and $5.76 during the day, currently situated -35.01% below its 52 week high. The stock is down by -34.48% in the past one month and down by -19.03% over the past three months. With a one year target estimate of $7.75 and RSI of 29.96, the stock still has upside potential, making it a buy for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

The Western Union Company (WU) shares were down in last trading by -1.06% to $19.53. It experienced higher than average volume on day. The stock decreased in value by almost -1.51% over the past week and fell -11.71% in the past month. It is currently trading -7.71% below its 50 day moving average and -3.05% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.96% decrease in value from its one year high of $22.7. The RSI indicator value of 33.79, lead us to believe that it is a hold for now.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago Fácil, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.

3 Stocks to Watch For: Biocept, Inc. (BIOC), J. C. Penney Company, Inc. (JCP), Zynga Inc. (ZNGA)

Biocept, Inc. (BIOC) saw its value increase by 29.59% as the stock gained $0.5 to finish the day at a closing price of $2.19. The stock was higher in trading and has fluctuated between $0.74-$5.64 per share for the past year. The shares, which traded within a range of $1.94 to $2.28 during the day, are up by 171.31% in the past three months and up by 247.62% over the past six months. It is currently trading 31.65% above its 20 day moving average and 82.51% 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 68.15.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Biocept, Inc., a cancer diagnostics company, develops and commercializes proprietary circulating tumor cell (CTC) and circulating tumor DNA assays utilizing a standard blood sample. The company’s cancer assays provide an information to oncologists and other physicians that enable them to select personalized treatment for their patients based on detailed data on the characteristics of tumors. It offers assays for solid tumor indications, such as breast cancer, lung cancer, gastric cancer, colorectal cancer, prostate cancer, and melanoma. The company sells its cancer diagnostic assays directly to oncologists and other physicians at private and group practices, hospitals, and cancer centers in the United States, as well as markets its clinical trial and research services to pharmaceutical and biopharmaceutical companies, and clinical research organizations. Biocept, Inc. was founded in 1997 and is headquartered in San Diego, California.

  1. C. Penney Company, Inc. (JCP) shares were up in last trading by 1.29% to $7.07. It experienced lighter than average volume on day. The stock increased in value by almost 5.21% over the past week and grew 1% in the past month. It is currently trading -12.73% below its 50 day moving average and -19.33% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -41.03% decrease in value from its one year high of $11.99. The RSI indicator value of 44.41, lead us to believe that it is a hold for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Zynga Inc. (ZNGA) traded within a range of $2.47 to $2.57 after opening the day at $2.54. The company has seen its stock decrease in value by -1.95% so far this year. The stock was up close to 0.8% on active volume in last trading session and closed at $2.52 per share. After the recent gain, the stock is currently holding -18.18% below its 52 week high of $3.08 and 41.57% above its 12-month low of $1.81. The shares are down by over -12.5% in the last three months, and the RSI indicator value of 38.75 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, North America, Asia, and the European Union. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. The company’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com. It also provides advertising services to advertising agencies and brokers. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

 

Three Movers to Watch for: J. C. Penney Company, Inc. (JCP), Southwestern Energy Company (SWN), United States Steel Corporation (X)

  1. C. Penney Company, Inc. (JCP) grew with the stock adding 0.15% or $0.01 to close at $6.64 on light trading volume of 15.14M compared its three months average trading volume of 20.33M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending down for the last 52 weeks, with the shares price now -9.91% down for the period and down by -20.1% so far this year. With price target of $10.21 and a 4.57% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Southwestern Energy Company (SWN) dropped $-0.14 to close the day at a new closing price of $9.19, a -1.5% decrease in value from its previous closing price that moved the stock 73.4% above its 52 week low of $5.3. A total of 14.99M shares exchanged hands during the day compared with its three month average trading volume of 15.15M. The stock, which fluctuated between $8.91 and $9.39 during the day, currently situated -41.05% below its 52 week high. The stock is down by -10.34% in the past one month and down by -3.36% over the past three months. With a one year target estimate of $13.45 and RSI of 37.6, the stock still has upside potential, making it a hold for now.

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

United States Steel Corporation (X) shares were down in last trading by -1.17% to $33.8. It experienced lighter than average volume on day. The stock increased in value by almost 3.33% over the past week and fell -4.52% in the past month. It is currently trading -1.54% below its 50 day moving average and 46.5% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.64% decrease in value from its one year high of $39.14. The RSI indicator value of 48.87, lead us to believe that it is a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Three Movers to Watch for: J. C. Penney Company, Inc. (JCP), United States Steel Corporation (X), Pulmatrix, Inc. (PULM)

  1. C. Penney Company, Inc. (JCP) retreated with the stock falling -0.45% or $-0.03 to close at $6.69 on light trading volume of 18.59M compared its three months average trading volume of 20.28M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending down for the last 52 weeks, with the shares price now -9.1% down for the period and down by -19.49% so far this year. With price target of $10.21 and a 5.35% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

United States Steel Corporation (X) dropped $-1.07 to close the day at a new closing price of $33.78, a -3.07% decrease in value from its previous closing price that moved the stock 409.99% above its 52 week low of $6.67. A total of 17.54M shares exchanged hands during the day compared with its three month average trading volume of 18.79M. The stock, which fluctuated between $33.11 and $34.16 during the day, currently situated -13.69% below its 52 week high. The stock is down by -9.51% in the past one month and up by 90.02% over the past three months. With a one year target estimate of $33.53 and RSI of 49.91, the stock still has upside potential, making it a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Pulmatrix, Inc. (PULM) shares were down in last trading by -24.31% to $3.86. It experienced higher than average volume on day. The stock increased in value by almost 14.54% over the past week and grew 532.79% in the past month. It is currently trading 276.94% above its 50 day moving average and 125.16% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -44.7% decrease in value from its one year high of $6.98. The RSI indicator value of 64.64, lead us to believe that it is a hold for now.

Pulmatrix, Inc., a clinical stage biopharmaceutical company, engages in developing inhaled therapies to address serious pulmonary diseases using its inhaled Small Particles Easily Respirable and Emitted (iSPERSE) technology. The company’s proprietary product pipeline focuses on advancing treatments for rare diseases, including PUR1900, an inhaled anti-fungal for patients with cystic fibrosis, as well as PUR1500, an inhaled product for the treatment of idiopathic pulmonary fibrosis. It is also developing PUR0200, a branded generic in clinical development for chronic obstructive pulmonary disease. The company has collaboration with Capsugel to develop inhaled therapeutics to treat serious pulmonary diseases. Pulmatrix, Inc. was founded in 2003 and is headquartered in Lexington, Massachusetts.

3 Trending Stocks: J. C. Penney Company, Inc. (JCP), Globalstar, Inc. (GSAT), Frontier Communications Corporation (FTR)

  1. C. Penney Company, Inc. (JCP) managed to rebound with the stock climbing 1.55% or $0.1 to close the day at $6.55 on light trading volume of 19.17M shares, compared to its three month average trading volume of 20.06M. The Plano Texas 75024 based company has been underperforming the department stores group over the past 52 weeks, with the stock losing -9.78%, compared to the industry which has dropped -5.42% over the same period. With RSI of 28.78, the stock should still continue to rise and get closer to its one year target estimate of $10.26, making it a hold for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Globalstar, Inc. (GSAT) climbed 1.2% during last trading as the stock added $0.02 to finish the day at $1.68 with about 18.28M shares changing hands, compared to its three month average trading volume of 8.28M. The $1.65B market cap company, which fluctuated between $1.54 and $1.75 during the day, currently situated 166.67% above its 52 week low of $0.63 and -44% away from its one year high of $3. The RSI of 62.65 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; SPOT Global phone; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Simplex one-way transmission products to track cargo containers and rail cars, to monitor utility meters, to monitor oil and gas assets, and other applications. Further, it provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company primarily serves recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. Globalstar, Inc. distributes its products directly, as well as through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. As of December 31, 2015, it served approximately 688,000 subscribers. The company has a collaboration agreement with Carmanah to design and manufacture solar powered M2M satellite solutions. The company was founded in 2003 and is headquartered in Covington, Louisiana. Globalstar, Inc. is a subsidiary of Thermo Funding II LLC.

Frontier Communications Corporation (FTR) saw its value decrease by -1.41% as the stock dropped $-0.05 to finish the day at a closing price of $3.49. The stock was lighter in trading and has fluctuated between $3.1-$5.85 per share for the past year. The shares, which traded within a range of $3.44 to $3.53 during the day, are down by -13.71% in the past three months and down by -29.2% over the past six months. It is currently trading -1.7% below its 20 day moving average and 0.21% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $4.75 a share over the next twelve months. The current relative strength index (RSI) reading is 47.34. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

3 Notable Runners: J. C. Penney Company, Inc. (JCP), MoneyGram International, Inc. (MGI), Whiting Petroleum Corporation (WLL)

  1. C. Penney Company, Inc. (JCP) continued its downward trend with the stock declining -2.45% or $-0.17 to close the day at $6.77 on lower than average trading volume of 13.35M shares, compared to its three month average trading volume of 19.86M. The Plano Texas 75024 based company has been underperforming the department stores companies by -19.0904% for last three months and its recent losses have pulled the stock down -18.53% YTD, versus the department stores industry which is down -5.8% for the same period. The RSI of 29.83 indicates the stock is oversold at the current levels, buy for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

MoneyGram International, Inc. (MGI) had a light trading with around 12.63M shares changing hands compared to its three month average trading volume of 239.22K. The stock traded between $12.85 and $13.18 before closing at the price of $12.92 with 8.75% change on the day. The Dallas Texas 75201 based company is currently trading 176.07% above its 52 week low of $4.68 and -1.37% below its 52 week high of $13.18. Both the RSI indicator and target price of 64.19 and $9.47 respectively, lead us to believe that it should be put on hold over the coming weeks.

MoneyGram International, Inc., together with its subsidiaries, provides money transfer and payment services in the United States and internationally. The company operates in two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment provides money transfer and bill payment services primarily to unbanked and underbanked consumers. Its bill payment services allow consumers to make bill payments, pay routine bills, or load and reload prepaid debit cards with cash at an agent location, company-operated locations, or through moneygram.com with a credit or debit card, as well as through kiosks, ATMs, prepaid cards, and direct-to-bank account products. The Financial Paper Products segment provides money orders to consumers through its retail agents and financial institutions; and offers official check outsourcing services for financial institutions. This segment sells its money orders under the MoneyGram brand and on a private label or co-branded basis with retail and financial institution agents. MoneyGram International, Inc. was founded in 1926 and is headquartered in Dallas, Texas.

Whiting Petroleum Corporation (WLL) traded within a range of $11.89 to $12.29 after opening the day at $12.15. The company has seen its stock decrease in value by -0.92% so far this year. The stock was down close to -1.49% on light volume in last trading session and closed at $11.91 per share. After the recent fall, the stock is currently holding -17.52% below its 52 week high of $14.44 and 255.52% above its 12-month low of $3.35. The shares are up by over 45.42% in the last three months, and the RSI indicator value of 49.19 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

Stocks In Queue: Cliffs Natural Resources Inc. (CLF), Frontier Communications Corporation (FTR), J. C. Penney Company, Inc. (JCP)

Cliffs Natural Resources Inc. (CLF) fell -3.44% during last trading as the stock lost $-0.32 to finish the day at $8.97 with about 19.34M shares changing hands, compared to its three month average trading volume of 14.61M. The $2.13B market cap company, which fluctuated between $8.73 and $9.29 during the day, currently situated 531.69% above its 52 week low of $1.45 and -17.71% away from its one year high of $10.9. The RSI of 48.92 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. Cliffs Natural Resources Inc. sells its iron products to integrated steel companies and steel producers in the United States, China, Canada, and internationally. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Frontier Communications Corporation (FTR) dropped $-0.03 to close the day at a new closing price of $3.44, a -0.86% decrease in value from its previous closing price that moved the stock 14.41% above its 52 week low of $3.1. A total of 18.16M shares exchanged hands during the day compared with its three month average trading volume of 22.39M. The stock, which fluctuated between $3.4 and $3.52 during the day, currently situated -35.57% below its 52 week high. The stock is up by 2.99% in the past one month and down by -13.49% over the past three months. With a one year target estimate of $4.75 and RSI of 43.86, the stock still has upside potential, making it a hold for now.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

  1. C. Penney Company, Inc. (JCP) had a light trading with around 15.46M shares changing hands compared to its three month average trading volume of 19.86M. The stock traded between $6.91 and $7.09 before closing at the price of $6.94 with -0.14% change on the day. The Plano Texas 75024 based company is currently trading 5.15% above its 52 week low of $6.64 and -42.12% below its 52 week high of $11.99. Both the RSI indicator and target price of 31.74 and $10.26 respectively, lead us to believe that it should be put on hold over the coming weeks.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

 

Eye Catching Stocks: KeyCorp (KEY), J. C. Penney Company, Inc. (JCP), JPMorgan Chase & Co. (JPM)

KeyCorp (KEY) managed to rebound with the stock climbing 2.04% or $0.36 to close the day at $18.05 on light trading volume of 15.47M shares, compared to its three month average trading volume of 15.84M. The Cleveland Ohio 44114 based company has been outperforming the regional – midwest banks group over the past 52 weeks, with the stock gaining 70.71%, compared to the industry which has advanced 50.88% over the same period. With RSI of 50.3, the stock should still continue to rise and get closer to its one year target estimate of $19.65, making it a hold for now.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services. As of December 31, 2015, the company operated 966 retail banking branches and 1,257 automated teller machines in 12 states, as well as a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

  1. C. Penney Company, Inc. (JCP) climbed 1.46% during last trading as the stock added $0.1 to finish the day at $6.95 with about 15.34M shares changing hands, compared to its three month average trading volume of 19.83M. The $2.14B market cap company, which fluctuated between $6.8 and $7 during the day, currently situated 5.3% above its 52 week low of $6.64 and -42.04% away from its one year high of $11.99. The RSI of 32.02 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

JPMorgan Chase & Co. (JPM) saw its value increase by 1.21% as the stock gained $1.01 to finish the day at a closing price of $84.72. The stock was lighter in trading and has fluctuated between $52.5-$88.17 per share for the past year. The shares, which traded within a range of $83.56 to $85 during the day, are up by 24.38% in the past three months and up by 34.35% over the past six months. It is currently trading -1.12% below its 20 day moving average and 2.34% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $88.93 a share over the next twelve months. The current relative strength index (RSI) reading is 52.29. The technical indicator lead us to believe there will be no major movement any time soon, hold.

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management segments. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans. The Corporate & Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, as well as loan origination and syndication; treasury services, such as cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research services. It also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The Commercial Banking segment offers financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners. The Asset Management segment provides investment and wealth management services across various asset classes, such as equities, fixed income, alternatives, and money market funds; multi-asset investment management services; retirement services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. It has a strategic relationship with InvestCloud for the development of new digital capabilities for individual investors. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

 

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

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

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

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

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

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

 

Three Movers to Watch for: J. C. Penney Company, Inc. (JCP), Reynolds American Inc. (RAI), Wells Fargo & Company (WFC)

  1. C. Penney Company, Inc. (JCP) retreated with the stock falling -1.76% or $-0.12 to close at $6.69 on active trading volume of 22.24M compared its three months average trading volume of 19.48M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending up for the last 52 weeks, with the shares price now 6.02% up for the period and down by -19.49% so far this year. With price target of $10.31 and a 11.5% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Reynolds American Inc. (RAI) gained $0.58 to close the day at a new closing price of $58.58, a 1% increase in value from its previous closing price that moved the stock 36.17% above its 52 week low of $43.38. A total of 21.02M shares exchanged hands during the day compared with its three month average trading volume of 9.06M. The stock, which fluctuated between $58.29 and $58.63 during the day, currently situated 0.74% above its 52 week high. The stock is up by 5.47% in the past one month and up by 24.96% over the past three months. With a one year target estimate of $54.91 and RSI of 80.24, the stock still has upside potential, making it a sell for now.

Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

Wells Fargo & Company (WFC) shares were up in last trading by 0.57% to $54.58. It experienced lighter than average volume on day. The stock decreased in value by almost -0.4% over the past week and fell -1.37% in the past month. It is currently trading 1.63% above its 50 day moving average and 11.86% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -5.93% decrease in value from its one year high of $58.02. The RSI indicator value of 49.1, lead us to believe that it is a hold for now.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of February 25, 2015, it operated through approximately 8,700 locations and 12,500 ATMs & offices in 36 countries. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.