Johnson Controls International plc (JCI) continued its downward trend with the stock declining -0.05% or $-0.02 to close the day at $43.09 on light trading volume of 4M shares, compared to its three month average trading volume of 6.03M. The Cork Cork T12 X8N6 based company has been outperforming the auto parts group over the past 52 weeks, with the stock gaining 45.19%, compared to the industry which has advanced 32.38% over the same period. With RSI of 50.28, the stock should still continue to rise and get closer to its one year target estimate of $50.18, making it a hold for now.
Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Buildings and Power Solutions segments. It designs, produces, markets, and installs heating, ventilating, and air conditioning (HVAC) systems, building management systems, controls, and security and mechanical equipment. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services. In addition, it designs, sells, installs, services, and monitors electronic security systems, and fire detection and suppression systems; and manufactures and sells intrusion security products, anti-theft devices, breathing apparatus, and access control and video management systems for commercial, industrial, retail, residential, small business, institutional, and governmental customers. Further, the company produces and supplies lead-acid automotive batteries for passenger cars, light trucks, and utility vehicles, as well as advanced battery technologies to power start-stop, hybrid, and electric vehicles. It offers its lead-acid automotive batteries to automotive original equipment manufacturers and the general vehicle battery aftermarket. The company was formerly known as Johnson Controls, Inc. and changed its name to Johnson Controls International plc in September 2016. Johnson Controls International plc was founded in 1885 and is headquartered in Cork, Ireland.
Cognizant Technology Solutions Corporation (CTSH) climbed 1.38% during last trading as the stock added $0.78 to finish the day at $57.36 with about 3.97M shares changing hands, compared to its three month average trading volume of 6.26M. The $35.09B market cap company, which fluctuated between $56.6 and $57.63 during the day, currently situated 26.23% above its 52 week low of $45.44 and -9.57% away from its one year high of $63.43. The RSI of 56.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services. The company also offers enterprise information management services, such as strategic, advisory, and management consulting; enterprise data management; descriptive analytics/business intelligence; strategic corporate performance management; and packaged analytics services, as well as big data services that assist clients in managing and deriving actionable insights. In addition, it provides application testing services; and develops, licenses, implements, and supports proprietary and third-party software products, as well as offers digital technologies services. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, including clinical data management, pharmacovigilance, equity research support, commercial operations, and order management. It serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells services through its professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.
salesforce.com, inc. (CRM) saw its value increase by 1.01% as the stock gained $0.76 to finish the day at a closing price of $75.78. The stock was lighter in trading and has fluctuated between $52.6-$84.48 per share for the past year. The shares, which traded within a range of $75.08 to $76.22 during the day, are up by 4.05% in the past three months and down by -6.87% over the past six months. It is currently trading 5.6% above its 20 day moving average and 4.45% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $94.44 a share over the next twelve months. The current relative strength index (RSI) reading is 64.92. The technical indicator lead us to believe there will be no major movement any time soon, hold.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship management to various businesses and industries worldwide. It offers enterprise cloud computing applications and platform services, including Sales Cloud that enables companies to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices. The company also provides Service Cloud that enables companies to deliver personalized customer service and support, as well as connects their service agents with customers on various devices; and Marketing Cloud, which enables companies to plan, personalize, and optimize customer interactions. In addition, it offers Community Cloud that enables companies to engage with groups of people by giving them access to information, applications, and experts; Analytics Cloud, an application, which enables companies to deploy sales, service, marketing, and custom analytics applications using various data source; Internet of Things Cloud that enables customers to process data, as well as build personalized actions and engage with customers in real time; and App Cloud, an application development platform for companies to deliver connected applications for various business needs. Further, the company provides professional services, including consulting, deployment, training, and design and integration services to facilitate the adoption of its cloud solutions, as well as offers various education service offerings ranging from introductory online courses to advanced architecture certifications. It sells and markets services primarily through its direct sales force, as well as through consulting firms, systems integrators, and regional partners. The company has a strategic alliance with Cisco to develop IoT and contact center platforms. salesforce.com, inc. was founded in 1999 and is headquartered in San Francisco, California.