Momentum Stocks: L Brands, Inc. (LB), Hologic, Inc. (HOLX), Consolidated Edison, Inc. (ED)

L Brands, Inc. (LB) retreated with the stock falling -1.27% or $-0.74 to close at $57.48 on active trading volume of 2.97M compared its three months average trading volume of 2.5M. The Columbus Ohio 43230 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -28.81% down for the period and down by -11.79% so far this year. With price target of $68 and a 1.04% rebound from 52-week low, L Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Hologic, Inc. (HOLX) had a active trading with around 2.96M shares changing hands compared to its three month average trading volume of 2.48M. The stock traded between $39.31 and $39.83 before closing at the price of $39.53 with 0.33% change on the day. The Marlborough Massachusetts 01752 based company is currently trading 21.18% above its 52 week low of $32.64 and -4.15% below its 52 week high of $41.24. Both the RSI indicator and target price of  and $44.97 respectively, lead us to believe that it could rise over the coming weeks.

Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States, Europe, the Asia-Pacific, and internationally. It operates through four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. The Diagnostics segment provides Aptima family of assays, target capture/nucleic acid extraction technology, transcription-mediated amplification technology, hybridization protection and dual kinetic assays, Procleix family of assays for blood screening, instrumentation, Invader chemistry platform, ThinPrep system, and rapid fetal fibronectin test. The Breast Health segment offers breast imaging and related products and accessories, including digital and film-based mammography systems; computer-aided detection (CAD) for mammography; invasive breast biopsy devices; breast biopsy site markers; and breast biopsy guidance systems. This segment also provides Dimensions platform, a mammography gantry for 2D and tomosynthesis image acquisition and display; C-View that provides a 2D image; Selenia digital mammography platform; and SecurView Workstation. The GYN Surgical segment offers NovaSure system to treat women suffering from abnormal uterine bleeding; and MyoSure system for the hysteroscopic removal of fibroids. The Skeletal Health segment provides discovery and horizon X-ray bone densitometers that assess the bone density of fracture sites; and mini C-arm imaging systems to perform minimally invasive surgical procedures on a patient’s extremities, such as the hand, wrist, knee, foot, and ankle. The company sells its products through direct sales and service forces, and a network of independent distributors and sales representatives. Hologic, Inc. was founded in 1985 and is headquartered in Marlborough, Massachusetts.

Consolidated Edison, Inc. (ED) saw its value increase by 0.8% as the stock gained $0.59 to finish the day at a closing price of $74.29. The stock was higher in trading and has fluctuated between $68.44-$81.88 per share for the past year. The shares, which traded within a range of $73.53 to $74.49 during the day, are up by 6.25% in the past three months and down by -0.89% over the past six months. It is currently trading 1.48% above its 20 day moving average and 2.39% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $72.7 a share over the next twelve months. The current relative strength index (RSI) reading is 58.61.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.4 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, and parts of Queens and Westchester County; and steam to approximately 1,700 customers in parts of Manhattan. The company owns 62 area distribution substations and various distribution facilities; 39 transmission substations and 62 area stations; electric generation facilities with an aggregate capacity of 724 megawatts that run on gas and fuel oil; 4,348 miles of mains and 369,791 service lines for natural gas distribution; and 1 steam-electric generating station and 5 steam-only generating stations. It also supplies electricity to approximately 0.3 million customers in southeastern New York, and in adjacent areas of northern New Jersey and northeastern Pennsylvania; and gas to approximately 0.1 million customers in southeastern New York and adjacent areas of northeastern Pennsylvania. The company operates 572 circuit miles of transmission lines; 14 transmission substations; 86,794 in-service line transformers; 3,994 pole miles of overhead distribution lines; and 1,889 miles of underground distribution lines, as well as 1,867 miles of mains and 105,482 service lines for natural gas distribution. In addition, it is involved in the sale and related hedging of electricity to retail customers; and provision of energy-related products and services to wholesale and retail customers. Further, the company develops, owns, and operates renewable and energy infrastructure projects, as well as invests in transmission companies. It primarily sells electricity to industrial, commercial, residential, and governmental customers. Consolidated Edison, Inc. was founded in 1884 and is based in New York, New York.

 

3 Stocks in Focus: L Brands, Inc. (LB), Alaska Air Group, Inc. (ALK), T. Rowe Price Group, Inc. (TROW)

L Brands, Inc. (LB) climbed 0.55% during last trading as the stock added $0.32 to finish the day at $58.14 with about 3.84M shares changing hands, compared to its three month average trading volume of 2.47M. The $16.63B market cap company, which fluctuated between $57.6 and $58.7 during the day, currently situated 1.15% above its 52 week low of $57.48 and -32.8% away from its one year high of $88.77. The RSI of 32.35 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Alaska Air Group, Inc. (ALK) dropped $-1.72 to close the day at a new closing price of $96.3, a -1.75% decrease in value from its previous closing price that moved the stock 78.07% above its 52 week low of $54.51. A total of 1.25M shares exchanged hands during the day compared with its three month average trading volume of 1.27M. The stock, which fluctuated between $95.66 and $98.3 during the day, currently situated -2.62% below its 52 week high. The stock is up by 2.1% in the past one month and up by 28.01% over the past three months. With a one year target estimate of $102.65 and RSI of 57.86, the stock still has upside potential, making it a hold for now.

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through three segments: Alaska Mainline, Alaska Regional, and Horizon. It has a network of approximately 1,200 daily flights to 118 destinations across the United States, Mexico, Canada, Costa Rica, and Cuba. The company was founded in 1932 and is based in Seattle, Washington.

  1. Rowe Price Group, Inc. (TROW) had a light trading with around 1.43M shares changing hands compared to its three month average trading volume of 1.95M. The stock traded between $69.44 and $70.08 before closing at the price of $69.86 with 0.06% change on the day. The Baltimore Maryland 21202 based company is currently trading 11.74% above its 52 week low of $62.97 and -10.88% below its 52 week high of $79. Both the RSI indicator and target price of 46.06 and $71.73 respectively, lead us to believe that it should be put on hold over the coming weeks.
  2. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.

 

Stocks Buzz: Express Scripts Holding Company (ESRX), Medtronic plc (MDT), L Brands, Inc. (LB)

Express Scripts Holding Company (ESRX) managed to rebound with the stock climbing 1.38% or $0.93 to close the day at $68.41 on light trading volume of 3.44M shares, compared to its three month average trading volume of 4.17M. The St. Louis Missouri 63121 based company has been outperforming the health care plans group over the past 52 weeks, with the stock gaining 3.07%, compared to the industry which has advanced 19.65% over the same period. With RSI of 44.25, the stock should still continue to rise and get closer to its one year target estimate of $81.11, making it a hold for now.

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States, Canada, and Europe. The company operates through two segments, PBM and Other Business Operations. The company’s PBM segment’s products and services include clinical solutions to enhance health outcomes; specialized pharmacy care; home delivery pharmacy; specialty pharmacy, including the distribution of fertility pharmaceuticals that require special handling or packaging; and retail network pharmacy administration. It also provides benefit design consultation; drug utilization review; drug formulary management; an array of Medicare, Medicaid, and health insurance marketplace; administration of a group purchasing organization; and consumer health and drug information services. In addition, the company distributes specialty pharmaceuticals and medical supplies to providers, clinics, and hospitals; and offers consulting services, including design, implementation, and project management for pharmaceutical, biotechnology, and device manufacturers to collect scientific evidence to guide the use of medicines. It serves managed care organizations, health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans, government health programs, providers, clinics, hospitals, and others. As of December 31, 2015, the company operated four automated dispensing home delivery pharmacies; one non-automated dispensing home delivery pharmacy; and one non-dispensing home delivery pharmacy maintained for business continuity purpose, as well as several non-dispensing order processing centers, patient contact centers, specialty drug pharmacies, and fertility pharmacies. The company was formerly known as Aristotle Holding, Inc. and changed its name to Express Scripts Holding Company in April 2012. Express Scripts Holding Company was founded in 1986 and is headquartered in St. Louis, Missouri.

Medtronic plc (MDT) grew with the stock adding 0.58% or $0.44 to close at $76.15 on light trading volume of 3.43M compared its three months average trading volume of 6.92M. The Dublin Dublin 2 based company operating under the Medical Appliances & Equipment industry has been trending up for the last 52 weeks, with the shares price now 6.55% up for the period and up by 6.91% so far this year. With price target of $84.54 and a 9.81% rebound from 52-week low, Medtronic plc has plenty of upside potential, making it a hold with a view buy.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators and cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, peripheral vascular intervention products, and products to treat superficial and deep venous diseases. Its Minimally Invasive Therapies Group segment provides gastrointestinal diagnostics, ablation, and interventional lung solutions; stapling, vessel sealing, and other surgical instruments; sutures; electrosurgery products; hernia mechanical devices; mesh implants; products for patient monitoring and recovery; sensors; monitors; compression and dialysis, enteral feeding, and wound care products; and operating room supplies, electrodes, needles, syringes, and sharps disposals. The company’s Restorative Therapies Group segment offers products for various areas of the spine; bone graft substitutes; biologic products; trauma, implantable neurostimulation therapies, and drug delivery systems for the treatment of chronic pain, movement disorders, obsessive-compulsive disorder, overactive bladder, urinary retention, fecal incontinence, and gastroparesis; products to treat conditions of the ear, nose, throat, and neurological disorders; systems that incorporate advanced energy surgical instruments; products for haemostatic sealing of soft tissue and bone; and image-guided surgery and intra-operative imaging systems. Its Diabetes Group segment provides insulin pumps and consumables; continuous glucose monitoring systems; and Web-based therapy management software solutions. It serves hospitals, physicians, clinicians, and patients. Medtronic plc was founded in 1949 and is headquartered in Dublin, Ireland.

L Brands, Inc. (LB) managed to rebound with the stock declining 0% or $0 to close the day at $58.92 on higher than average trading volume of 3.35M shares, compared to its three month average trading volume of 2.43M. The Columbus Ohio 43230 based company has been underperforming the apparel stores companies by -10.569% for last three months and its recent losses have pulled the stock down -10.51% YTD, versus the apparel stores industry which is down -1.18% for the same period. The RSI of 33.69 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

 

Trader Alert: L Brands, Inc. (LB), Dollar General Corporation (DG), The Goldman Sachs Group, Inc. (GS)

L Brands, Inc. (LB) grew with the stock adding 0.65% or $0.38 to close at $58.66 on active trading volume of 2.77M compared its three months average trading volume of 2.42M. The Columbus Ohio 43230 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -24.52% down for the period and down by -10.91% so far this year. With price target of $68.56 and a 2.05% rebound from 52-week low, L Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Dollar General Corporation (DG) gained $2.27 to close the day at a new closing price of $75.07, a 3.12% increase in value from its previous closing price that moved the stock 13.25% above its 52 week low of $66.5. A total of 2.75M shares exchanged hands during the day compared with its three month average trading volume of 3.11M. The stock, which fluctuated between $72.7 and $75.13 during the day, currently situated -21.98% below its 52 week high. The stock is up by 1.82% in the past one month and up by 7.95% over the past three months. With a one year target estimate of $79.94 and RSI of 57.46, the stock still has upside potential, making it a hold for now.

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables consisting of milk, eggs, bread, frozen meals, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, as well as soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which include pet supplies and pet food; and tobacco products. It also provides seasonal products, including decorations, toys, batteries, small electronics, greeting cards, stationery products, prepaid phones and accessories, gardening supplies, hardware products, and automotive and home office supplies; and home products consisting of kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen products, beds, and bath soft goods. In addition, the company offers apparel for infants, toddlers, girls, boys, women, and men, as well as socks, underwear, disposable diapers, shoes, and accessories. As of October 28, 2016, it operated 13,205 stores located in 43 states. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.

The Goldman Sachs Group, Inc. (GS) shares were down in last trading by -0.79% to $237.73. It experienced lighter than average volume on day. The stock increased in value by almost 3.06% over the past week and fell -2.12% in the past month. It is currently trading 0.81% above its 50 day moving average and 30.45% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.05% decrease in value from its one year high of $247.77. The RSI indicator value of 50.38, lead us to believe that it is a hold for now.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, such as strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, including public offerings and private placements of various securities and other financial instruments, as well as derivative transactions entered into with public and private sector clients. The Institutional Client Services segment is involved in client execution activities related to making markets in interest rate products, credit products, mortgages, currencies, commodities, and equities; and provides securities services, such as financing, securities lending, and other prime brokerage services, as well as markets in and clears client transactions on primary stock, options, and futures exchanges. The Investing & Lending segment invests in and originates longer-term loans to provide financing to clients; and makes investments in debt securities and loans, public and private equity securities, and real estate entities. The Investment Management segment offers investment management products and services; and wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

 

Traders Recap: L Brands, Inc. (LB), Aflac Incorporated (AFL), Ball Corporation (BLL)

L Brands, Inc. (LB) failed to extend gains with the stock declining -0.72% or $-0.43 to close the day at $59.15 on lower than average trading volume of 1.85M shares, compared to its three month average trading volume of 2.43M. The Columbus Ohio 43230 based company has been underperforming the apparel stores companies by -8.3184% for last three months and its recent losses have pulled the stock down -10.16% YTD, versus the apparel stores industry which is down -4.1% for the same period. The RSI of 34.37 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Aflac Incorporated (AFL) had a light trading with around 1.81M shares changing hands compared to its three month average trading volume of 2.29M. The stock traded between $68.17 and $69.05 before closing at the price of $68.93 with 0.47% change on the day. The Columbus Georgia 31999 based company is currently trading 26.99% above its 52 week low of $55.24 and -6.93% below its 52 week high of $74.5. Both the RSI indicator and target price of 47.08 and $71.62 respectively, lead us to believe that it should be put on hold over the coming weeks.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan. The Aflac U.S. segment provides products designed to protect individuals from depletion of assets, which comprise accident, cancer, critical illness/critical care, hospital intensive care, hospital indemnity, fixed-benefit dental, and vision care plans; and loss-of-income products, such as life and short-term disability plans in the United States (U.S.). The company sells its products through sales associates and brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.

Ball Corporation (BLL) traded within a range of $72.65 to $73.54 after opening the day at $73.23. The company has seen its stock decrease in value by -2.84% so far this year. The stock was down close to -1.22% on active volume in last trading session and closed at $72.94 per share. After the recent fall, the stock is currently holding -11.16% below its 52 week high of $82.24 and 17.91% above its 12-month low of $63.29. The shares are down by over -6.62% in the last three months, and the RSI indicator value of 37.06 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Ball Corporation supplies metal packaging products to the beverage, food, personal care, and household industries worldwide. It operates in four segments: Metal Beverage Packaging, Americas and Asia; Metal Beverage Packaging, Europe; Metal Food and Household Products Packaging; and Aerospace and Technologies. The Metal Beverage Packaging, Americas and Asia segment manufactures and sells metal beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. The Metal Beverage Packaging, Europe segment manufactures and sells metal beverage containers and ends for producers of carbonated soft drinks, beer, energy drinks, and other beverages. The Metal Food and Household Products Packaging segment offers steel food, aerosol, paint, and general line and decorative specialty containers, as well as extruded aluminum beverage and aerosol containers, and aluminum slugs. The Aerospace and Technologies segment designs, develops, and manufactures aerospace systems, including spacecraft, instruments and sensors, radio frequency systems and components, data exploitation solutions, and aerospace technologies and products for civil, commercial, and national security aerospace markets. It is also involved in the design, manufacture, and testing of satellites, remote sensors, and ground station control hardware and software, as well as provides related services, such as launch vehicle integration and satellite operations. In addition, this segment provides target identification, warning, and attitude control systems and components; cryogenic systems for reactant storage, and associated sensor cooling devices; star trackers; and fast-steering mirrors, as well as technical services and products to government agencies, prime contractors, and commercial organizations for various information warfare, electronic warfare, avionics, intelligence, training, and space system needs. The company was founded in 1880 and is headquartered in Broomfield, Colorado.

 

Momentum Stocks: L Brands, Inc. (LB), HCP, Inc. (HCP), Marathon Petroleum Corporation (MPC)

L Brands, Inc. (LB) grew with the stock adding 0.82% or $0.48 to close at $59.28 on active trading volume of 4.16M compared its three months average trading volume of 2.41M. The Columbus Ohio 43230 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -34.03% down for the period and down by -9.96% so far this year. With price target of $68.72 and a 1.89% rebound from 52-week low, L Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

HCP, Inc. (HCP) had a light trading with around 4.15M shares changing hands compared to its three month average trading volume of 4.68M. The stock traded between $29.88 and $30.72 before closing at the price of $30.7 with 2.2% change on the day. The Irvine California 92614 based company is currently trading 40.21% above its 52 week low of $25.11 and -15.59% below its 52 week high of $40.43. Both the RSI indicator and target price of  and $30.73 respectively, lead us to believe that it could rise over the coming weeks.

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry including sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing. The fund also invests in mezzanine loans and other debt instruments. It engages in acquisition, development, leasing, selling and managing of healthcare real estate and provides mortgage and other financing to healthcare providers. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Berkshire Hathaway Index, and MSCI REIT Index. HCP, Inc. was formed in 1985 and is based in Irvine, California with additional office in Nashville and San Francisco.

Marathon Petroleum Corporation (MPC) saw its value increase by 0.4% as the stock gained $0.19 to finish the day at a closing price of $47.9. The stock was lighter in trading and has fluctuated between $29.24-$54.59 per share for the past year. The shares, which traded within a range of $47.43 to $48.5 during the day, are up by 14.07% in the past three months and up by 18.19% over the past six months. It is currently trading -2.67% below its 20 day moving average and -2.18% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $61.97 a share over the next twelve months. The current relative strength index (RSI) reading is 42.63.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

 

Momentum Stocks in Focus: CenturyLink, Inc. (CTL), Verizon Communications Inc. (VZ), L Brands, Inc. (LB)

CenturyLink, Inc. (CTL) managed to rebound with the stock climbing 0.19% or $0.05 to close the day at $25.86 on active trading volume of 11.16M shares, compared to its three month average trading volume of 10.5M. The Monroe Louisiana 71203 based company has been outperforming the telecom services – domestic group over the past 52 weeks, with the stock gaining 7.98%, compared to the industry which has advanced 11.4% over the same period. With RSI of 65.6, the stock should still continue to rise and get closer to its one year target estimate of $28.58, making it a hold for now.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental customers in the United States. It operates through two segments, Business and Consumer. The company offers high-speed Internet services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; multi-protocol label switching, a data networking technology to support real-time voice and video; and private line services for the transmission of data between sites. It also provides Ethernet services, including point-to-point and multi-point equipment configurations that facilitate data transmissions across metropolitan areas and wide area networks (WAN); colocation services that enable its customers to install their own information technology (IT) equipment; and managed hosting services comprising cloud and traditional computing, application management, back-up, storage, and other services. In addition, the company offers video entertainment services and satellite digital television; Voice over Internet Protocol, a real-time, two-way voice communication service; and managed services that consist of network, hosting, cloud, and IT services. Further, it provides local calling, long-distance voice, integrated services digital network, WAN, and switched access services; and data integration, which includes the sale of telecommunications equipment and providing network management, installation, and maintenance of data equipment, and the building of proprietary fiber-optic broadband networks. Additionally, the company leases and subleases space in its office buildings, warehouses, and other properties. As of December 31, 2015, it served approximately 6 million high-speed Internet subscribers and 285 thousand television subscribers; and operated 59 data centers in North America, Europe, and Asia. CenturyLink, Inc. was founded in 1968 and is headquartered in Monroe, Louisiana.

Verizon Communications Inc. (VZ) retreated with the stock falling -0.73% or $-0.36 to close at $49.01 on active trading volume of 16.84M compared its three months average trading volume of 15.3M. The New York New York 10036 based company operating under the Telecom Services – Domestic industry has been trending up for the last 52 weeks, with the shares price now 0.75% up for the period and down by -7.2% so far this year. With price target of $52.19 and a 7.66% rebound from 52-week low, Verizon Communications Inc. has plenty of upside potential, making it a hold with a view buy.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, as well as offers wireless devices, including smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The company’s Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, including collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services. This segment also offers IoT services; data security services; voice and data services; and data, voice, local dial tone, and broadband services primarily to local, long distance, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

L Brands, Inc. (LB) managed to rebound with the stock climbing 2.55% or $1.5 to close the day at $60.21 on higher than average trading volume of 4.45M shares, compared to its three month average trading volume of 2.53M. The Columbus Ohio 43230 based company has been underperforming the apparel stores companies by -17.5644% for last three months and its recent losses have pulled the stock down -8.55% YTD, versus the apparel stores industry which is down -3.14% for the same period. The RSI of 37.24 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

 

Stocks Buzz: Alphabet Inc. (GOOGL), L Brands, Inc. (LB), Eastman Chemical Company (EMN)

Alphabet Inc. (GOOGL) continued its downward trend with the stock declining -1.39% or $-11.95 to close the day at $845.03 on active trading volume of 3.75M shares, compared to its three month average trading volume of 1.92M. The Mountain View California 94043 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 12.93%, compared to the industry which has advanced 15.89% over the same period. With RSI of 63.05, the stock should still continue to rise and get closer to its one year target estimate of $969.86, making it a hold for now.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, and Google Play, as well as technical infrastructure and newer efforts, such as Virtual Reality. This segment also sells hardware products comprising Chromecast, Chromebooks, and Nexus. The Other Bets segment includes businesses, such as Access/Google Fiber, Calico, Nest, Verily, GV, Google Capital, X, and other initiatives. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California.

L Brands, Inc. (LB) retreated with the stock falling -3.67% or $-2.25 to close at $59.01 on active trading volume of 3.74M compared its three months average trading volume of 2.45M. The Columbus Ohio 43230 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -33.85% down for the period and down by -10.37% so far this year. With price target of $68.72 and a 0.91% rebound from 52-week low, L Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Eastman Chemical Company (EMN) failed to extend gains with the stock declining -3.23% or $-2.59 to close the day at $77.7 on higher than average trading volume of 3.74M shares, compared to its three month average trading volume of 1.44M. The Kingsport Tennessee 37660 based company has been outperforming the chemicals – major diversified companies by 16.4816% for last three months and its recent gains have pushed the stock slightly up 3.31% YTD, versus the chemicals – major diversified industry which is up 5.11% for the same period. The RSI of 53.07 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Eastman Chemical Company, a specialty chemical company, manufactures and sells materials, chemicals, and fibers in the United States and internationally. The company’s Additives & Functional Products segment offers solvents, including specialty coalescents, ketones and esters, glycol ethers, and alcohol solvents; cellulose and polyester-based specialty polymers, and paint additives; insoluble sulfur products; antidegradants; hydrocarbon resins; specialty intermediates, performance products, and formic acid; and alkylamine derivatives. This segment’s products are used in the coatings, tires, consumables, animal nutrition, crop protection, and energy markets. Its Adhesives & Plasticizers segment manufactures adhesives resins and plasticizers used in the consumables, building and construction, health and wellness, industrial chemicals and processing, and durable goods markets. The company’ Advanced Materials segment provides specialty copolyesters, cellulose esters, polyvinyl butyral, and window film products for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness products. Its Fibers segment offers Estron acetate tow and Estrobond triacetin plasticizers for manufacturing cigarette filters; Estron natural and Chromspun solution dyed acetate yarns for use in apparel, home furnishings, and industrial fabrics; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers, as well as acetyl chemical products. The company’s Specialty Fluids & Intermediates segment provides specialty fluids, acetyl chemical intermediates, olefin derivatives, and alkylamines used in industrial chemicals and processing, building and construction, health and wellness, and agrochemicals markets. The company also offers aviation turbine engine oil; wet-laid nonwovens; and specialty films. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

 

Stocks Buzz: Akamai Technologies, Inc. (AKAM), L Brands, Inc. (LB), Fidelity National Information Services, Inc. (FIS)

Akamai Technologies, Inc. (AKAM) managed to rebound with the stock climbing 1.46% or $0.99 to close the day at $68.73 on light trading volume of 1.75M shares, compared to its three month average trading volume of 2.14M. The Cambridge Massachusetts 02142 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 48.77%, compared to the industry which has advanced 20.79% over the same period. With RSI of 51.59, the stock should still continue to rise and get closer to its one year target estimate of $68.6, making it a hold for now.

Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company offers performance and security solutions designed to help Websites and business applications operate while offering protection against security threats. It also provides media content delivery solutions that are designed to deliver movies, television shows, live events, games, social media, software downloads, and other content on the Internet in fixed line and mobile networks; adaptive delivery solutions for streaming video content; and download delivery solution that offers accelerated distribution for large file downloads, including games, progressive media files, documents, and other file-based content. In addition, the company offers a suite of analytics tools to monitor online video viewer experiences and the effectiveness of Web software downloads, while measuring audience engagement, and quality of service performance; and NetStorage, a cloud storage solution, as well as media services to deliver live and on-demand content to various devices and platforms. Further, it provides cloud security solutions, which help customers avoid data theft and downtime, and protect Internet-facing infrastructure; and cloud networking solutions to help customers enhance enterprise branch office and retail store productivity and revenue by accelerating applications, reducing bandwidth costs, and extending the Internet and public clouds into private wide area networks. Additionally, the company offers network operator solutions that are designed to help carriers to operate a network that capitalizes on traffic growth and new subscriber services; and professional services and solutions. It sells its solutions through direct sales and service organization; and through active channel partners. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.

L Brands, Inc. (LB) grew with the stock adding 0.5% or $0.31 to close at $61.85 on light trading volume of 1.75M compared its three months average trading volume of 2.42M. The Columbus Ohio 43230 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -31.53% down for the period and down by -6.06% so far this year. With price target of $68.72 and a 5.76% rebound from 52-week low, L Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Fidelity National Information Services, Inc. (FIS) continued its downward trend with the stock declining -0.19% or $-0.15 to close the day at $79.88 on lower than average trading volume of 1.74M shares, compared to its three month average trading volume of 1.84M. The Jacksonville Florida 32204 based company has been outperforming the information technology services companies by 5.5005% for last three months and its recent gains have pushed the stock slightly up 5.61% YTD, versus the information technology services industry which is up 4.97% for the same period. The RSI of 60.9 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Fidelity National Information Services, Inc., a financial services technology company, offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth management, risk and compliance, treasury, and insurance. It also provides financial consulting and outsourcing services. The company’s Integrated Financial Solutions segment offers various solutions, including core processing and ancillary applications; digital solutions, such as Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card solutions; item processing and output services; government payments solutions; e-payment solutions; and retail solutions to regional and community bank market in North America. Its Global Financial Solutions segment provides banking and payments solutions, and consulting and transformation services to financial institution worldwide, which include retail banking and payments services, securities processing and finance, asset management, global trading, corporate liquidity, insurance, wealth management, global commercial services, strategic consulting services, and public sector and education. The company delivers a range of information technology consulting, advisory, and transformational services to financial institutions under the Capco brand. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

 

Stocks Buzz: Fairmount Santrol Holdings Inc. (FMSA), PDL BioPharma, Inc. (PDLI), L Brands, Inc. (LB)

Fairmount Santrol Holdings Inc. (FMSA) failed to extend gains with the stock declining -2.22% or $-0.28 to close the day at $12.31 on light trading volume of 1.91M shares, compared to its three month average trading volume of 3.79M. The Chesterland Ohio 44026 based company has been outperforming the industrial metals & minerals group over the past 52 weeks, with the stock gaining 737.41%, compared to the industry which has advanced 119.87% over the same period. With RSI of 65.75, the stock should still continue to rise and get closer to its one year target estimate of $12.57, making it a hold for now.

Fairmount Santrol Holdings Inc., together with its subsidiaries, provides sand-based proppant solutions for exploration and production companies to enhance the productivity of their oil and gas wells. The company operates in two segments, Proppant Solutions; and Industrial & Recreational (I&R) Products. The Proppant Solutions segment primarily provides sand-based proppants for use in hydraulic fracturing operations in the United States, Canada, Argentina, Mexico, China, Northern Europe, and the United Arab Emirates. Its products include northern white frac sand, API-spec brown sand, and resin coated proppants, as well as ceramic proppants; PowerProp product; and Propel SSP product that utilizes a polymer coating applied to a proppant substrate. The I&R Products segment offers raw, coated, and custom blended sands for use in building products, glass, turf and landscape, and filtration industries, as well as for foundries primarily in North America. Fairmount Santrol Holdings Inc. also supplies proppants to oilfield service companies. The company was formerly known as FMSA Holdings Inc. and changed its name to Fairmount Santrol Holdings Inc. in July 2015. Fairmount Santrol Holdings Inc. was incorporated in 1986 and is headquartered in Chesterland, Ohio.

PDL BioPharma, Inc. (PDLI) retreated with the stock falling -1.29% or $-0.03 to close at $2.29 on light trading volume of 1.9M compared its three months average trading volume of 2.77M. The Incline Village Nevada 89451 based company operating under the Biotechnology industry has been trending down for the last 52 weeks, with the shares price now -26.44% down for the period and up by 8.02% so far this year. With price target of $3.67 and a 18.65% rebound from 52-week low, PDL BioPharma, Inc. has plenty of upside potential, making it a hold with a view buy.

PDL BioPharma, Inc. manages a portfolio of patents and royalty assets in the United States and Europe. The company is involved in the humanization of monoclonal antibodies and the discovery of a new generation of targeted treatments for cancer and immunologic diseases. It offers Queen et al. patents that cover humanized antibodies, methods for humanizing antibodies, polynucleotide encoding in humanized antibodies, and methods of producing humanized antibodies. PDL BioPharma, Inc. has license agreements with various biotechnology and pharmaceutical companies, as well as acquires royalty and other assets. The company was formerly known as Protein Design Labs, Inc. and changed its name to PDL BioPharma, Inc. in 2006. PDL BioPharma, Inc. was founded in 1986 and is headquartered in Incline Village, Nevada.

L Brands, Inc. (LB) failed to extend gains with the stock declining -0.29% or $-0.18 to close the day at $61.16 on lower than average trading volume of 1.9M shares, compared to its three month average trading volume of 2.38M. The Columbus Ohio 43230 based company has been underperforming the apparel stores companies by -14.5677% for last three months and its recent losses have pulled the stock down -7.11% YTD, versus the apparel stores industry which is down -3% for the same period. The RSI of 33.6 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.