Stocks Trend Analysis: Macy’s, Inc. (M), Wal-Mart Stores, Inc. (WMT), The Bank of New York Mellon Corporation (BK)

Macy’s, Inc. (M) continued its upward trend with the stock climbing 0.31% or $0.1 to close the day at $32.68 on light trading volume of 7.54M shares, compared to its three month average trading volume of 8.11M. The Cincinnati Ohio 45202 based company has been underperforming the department stores group over the past 52 weeks, with the stock losing -15.98%, compared to the industry which has advanced 2.77% over the same period. With RSI of 53.32, the stock should still continue to rise and get closer to its one year target estimate of $35.6, making it a hold for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Wal-Mart Stores, Inc. (WMT) grew with the stock adding 1.31% or $0.89 to close at $68.66 on light trading volume of 8.46M compared its three months average trading volume of 8.76M. The Bentonville Arkansas 72716 based company operating under the Discount, Variety Stores industry has been trending up for the last 52 weeks, with the shares price now 7.21% up for the period and down by -0.67% so far this year. With price target of $74.04 and a 13.32% rebound from 52-week low, Wal-Mart Stores, Inc. has plenty of upside potential, making it a hold with a view buy.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. The company operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and samsclub.com. It offers grocery products, including meat, produce, natural and organics, deli and bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, floral and dry grocery, as well as consumables, such as health and beauty aids, baby products, household chemicals, paper goods, and pet supplies; and health and wellness products, which include pharmacy, optical services, clinical services, over-the-counter drugs, and other medical products. The company also provides electronics, toys, cameras and supplies, photo processing services, cellular phones, cellular service plan contracts and prepaid service, movies, music, video games, and books; stationery, automotive, hardware and paint, and sporting goods, as well as fabrics, crafts, and seasonal merchandise; apparel for women, girls, men, boys, and infants, as well as shoes, jewelry, and accessories; and home furnishings, housewares and small appliances, bedding, home decor, outdoor living, and horticulture products. The company also provides fuel and financial services and related products, including money orders, prepaid cards, wire transfers, money transfers, check cashing, and bill payment. In addition, it offers brand name merchandise, including hardgoods, softgoods, and selected private-label items, such as Member’s Mark. As of June 20, 2016, it operated 11,527 stores under 63 banners in 28 countries and e-commerce Websites in 11 countries. Wal-Mart Stores, Inc. was founded in 1945 and is headquartered in Bentonville, Arkansas.

The Bank of New York Mellon Corporation (BK) continued its upward trend with the stock climbing 1.52% or $0.7 to close the day at $46.82 on lower than average trading volume of 4.71M shares, compared to its three month average trading volume of 6.02M. The New York New York 10286 based company has been outperforming the asset management companies by 0.5175% for last three months and its recent gains have offset losses to -0.76% YTD, versus the asset management industry which is up 5.25% for the same period. The RSI of 60.01 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

 

Momentum Stocks: Rite Aid Corporation (RAD), Macy’s, Inc. (M), JetBlue Airways Corporation (JBLU)

Rite Aid Corporation (RAD) retreated with the stock falling 0% or $0 to close at $5.29 on light trading volume of 10.42M compared its three months average trading volume of 23.87M. The Camp Hill Pennsylvania 17011 based company operating under the Drug Stores industry has been trending down for the last 52 weeks, with the shares price now -31.74% down for the period and down by -35.8% so far this year. With price target of $7.75 and a 1.73% rebound from 52-week low, Rite Aid Corporation has plenty of upside potential, making it a hold with a view buy.

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.

Macy’s, Inc. (M) had a light trading with around 10.41M shares changing hands compared to its three month average trading volume of 8.19M. The stock traded between $31.02 and $32.15 before closing at the price of $31.2 with -1.86% change on the day. The Cincinnati Ohio 45202 based company is currently trading 9.28% above its 52 week low of $28.55 and -30.64% below its 52 week high of $45.5. Both the RSI indicator and target price of  and $35.6 respectively, lead us to believe that it could rise over the coming weeks.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

JetBlue Airways Corporation (JBLU) saw its value decrease by -3.28% as the stock dropped $-0.64 to finish the day at a closing price of $18.86. The stock was higher in trading and has fluctuated between $14.76-$23.67 per share for the past year. The shares, which traded within a range of $18.78 to $19.56 during the day, are up by 10.88% in the past three months and up by 9.97% over the past six months. It is currently trading -9.81% below its 20 day moving average and -12.05% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $25.31 a share over the next twelve months. The current relative strength index (RSI) reading is 28.73.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 25 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 Embraer E190 aircrafts. It also served 93 destinations in 28 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 19 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.

 

Stocks Intraday Alert: Macy’s, Inc. (M), Whole Foods Market, Inc. (WFM), Pandora Media, Inc. (P)

Macy’s, Inc. (M) failed to extend gains with the stock declining -1.12% or $-0.33 to close the day at $29.21 on lower than average trading volume of 5.05M shares, compared to its three month average trading volume of 7.21M. The Cincinnati Ohio 45202 based company has been underperforming the department stores companies by -19.1532% for last three months and its recent losses have pulled the stock down -18.43% YTD, versus the department stores industry which is down -6.95% for the same period. The RSI of 24.56 indicates the stock is oversold at the current levels, buy for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Whole Foods Market, Inc. (WFM) had a light trading with around 4.95M shares changing hands compared to its three month average trading volume of 5M. The stock traded between $29.52 and $30.33 before closing at the price of $29.83 with -1.29% change on the day. The Austin Texas 78703 based company is currently trading 8.82% above its 52 week low of $27.67 and -15.01% below its 52 week high of $35.58. Both the RSI indicator and target price of 40.41 and $30.38 respectively, lead us to believe that it should be put on hold over the coming weeks.

Whole Foods Market, Inc. operates natural and organic foods supermarkets. Its stores offers produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods. As of November 2, 2016, the company operated 464 stores in the United States, Canada, and the United Kingdom. Whole Foods Market, Inc. was founded in 1978 and is headquartered in Austin, Texas.

Pandora Media, Inc. (P) traded within a range of $12.79 to $13.07 after opening the day at $13.01. The company has seen its stock decrease in value by -0.31% so far this year. The stock was down close to 0% on light volume in last trading session and closed at $13 per share. After the recent fall, the stock is currently holding -13.22% below its 52 week high of $14.98 and 83.1% above its 12-month low of $7.1. The shares are up by over 14.74% in the last three months, and the RSI indicator value of 54.68 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Pandora Media, Inc. provides Internet music streaming services in North America. The company allows its listeners to create personalized stations to access free music and comedy catalogs, as well as personalized playlist generating system; and offers Pandora One, a paid subscription service to listeners. It also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. In addition, the company offers ticketing and marketing software and services for venues and event promoters to promote their events, as well as allow fans to find and purchase tickets for events. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

 

Stock’s Trend Analysis Report: Macy’s, Inc. (M), Forest City Realty Trust, Inc (FCE-A), Plug Power Inc. (PLUG)

Macy’s, Inc. (M) climbed 1.41% during last trading as the stock added $0.41 to finish the day at $29.52 with about 5.39M shares changing hands, compared to its three month average trading volume of 7.15M. The $9.02B market cap company, which fluctuated between $29.03 and $29.53 during the day, currently situated 3.4% above its 52 week low of $28.55 and -34.38% away from its one year high of $45.5. The RSI of 25.92 indicates the stock is oversold at the current levels, buy for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Forest City Realty Trust, Inc (FCE-A) gained $0.61 to close the day at a new closing price of $22.28, a 2.81% increase in value from its previous closing price that moved the stock 37.84% above its 52 week low of $16.43. A total of 5.34M shares exchanged hands during the day compared with its three month average trading volume of 2.3M. The stock, which fluctuated between $21.99 and $22.43 during the day, currently situated -7.75% below its 52 week high. The stock is up by 10.52% in the past one month and up by 5.94% over the past three months. With a one year target estimate of $24.7 and RSI of 65.73, the stock still has upside potential, making it a hold for now.

Forest City Realty Trust, Inc is a real estate investment trust. It was formerly known as Forest City Enterprises, Inc. Forest City Realty Trust, Inc was founded in 1920 and is headquartered in Cleveland, Ohio.

Plug Power Inc. (PLUG) had a active trading with around 5.32M shares changing hands compared to its three month average trading volume of 3.4M. The stock traded between $1.03 and $1.13 before closing at the price of $1.06 with -5.36% change on the day. The Latham New York 12110 based company is currently trading -3.64% below its 52 week low of $1.03 and -53.51% below its 52 week high of $2.28. Both the RSI indicator and target price of 27.83 and $2.26 respectively, lead us to believe that it could rise over the coming weeks.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States. The company focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. Its product line includes GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and GenFund, which offers financing solutions to customers. The company sells its products to businesses and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

 

Momentum Stocks in Focus: PulteGroup, Inc. (PHM), Cypress Semiconductor Corporation (CY), Macy’s, Inc. (M)

PulteGroup, Inc. (PHM) continued its upward trend with the stock climbing 0.38% or $0.08 to close the day at $21.26 on light trading volume of 10.77M shares, compared to its three month average trading volume of 5.53M. The Atlanta Georgia 30326 based company has been outperforming the residential construction group over the past 52 weeks, with the stock gaining 32.23%, compared to the industry which has advanced 22.5% over the same period. With RSI of 76.19, the stock should still continue to rise and get closer to its one year target estimate of $22.73, making it a hold for now.

PulteGroup, Inc., through its subsidiaries, engages primarily in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes John Wieland Homes, and Neighborhoods names. As of March 31, 2016, the company controlled 102,580 owned lots and 43,072 lots under land option agreements. It also arranges financing through the origination of mortgage loans, principally for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.

Cypress Semiconductor Corporation (CY) retreated with the stock falling -2.66% or $-0.33 to close at $12.08 on light trading volume of 10.32M compared its three months average trading volume of 5.24M. The San Jose California 95134 based company operating under the Semiconductor – Broad Line industry has been trending up for the last 52 weeks, with the shares price now 67.18% up for the period and up by 5.59% so far this year. With price target of $13.55 and a 100.35% rebound from 52-week low, Cypress Semiconductor Corporation has plenty of upside potential, making it a hold with a view buy.

Cypress Semiconductor Corporation designs, develops, manufactures, markets, and sells mixed-signal programmable solutions worldwide. The company’s Programmable Solutions division designs and develops programmable solutions, including Traveo automotive microcontrollers; programmable system-on-chip products; ARM Cortex-M4, -M3, and -M0+ microcontrollers; R4 CPUs; analog power management integrated circuits; CapSense capacitive-sensing controllers; TrueTouch touchscreen and fingerprint reader products; and Bluetooth low energy solutions for the Internet of things. Its Memory Products division designs and manufactures NOR and NAND flash memories, static random access memory (SRAM) products, HyperRAm, synchronous and asynchronous SRAMs, nvSRAMs, F-RAM ferroelectric memory devices, dual port memories, first-in first-out memories, RoboClock buffers, and programmable clocks. The company’s Data Communications division provides universal serial bus (USB) controllers; Bluetooth low energy and wirelessUSB solutions; module solutions, such as trackpads and Bluetooth low energy modules; and controllers for the new USB type-C standards. Its Emerging Technology division provides wafer level chip scale packaging solutions and foundry services, as well as other development stage activities. The company serves various markets, including automotive, industrial, communications, consumer, computation, data communications, mobile handsets, and military markets. It sells its semiconductor products through distributors and manufacturing representative firms, as well as through sales force to direct original equipment manufacturers and their suppliers. The company has a strategic foundry partnership with HuaHong Grace Semiconductor Manufacturing Corporation and United Microelectronics Corporation. Cypress Semiconductor Corporation was founded in 1982 and is headquartered in San Jose, California.

Macy’s, Inc. (M) continued its downward trend with the stock declining -2.71% or $-0.81 to close the day at $29.11 on higher than average trading volume of 9.92M shares, compared to its three month average trading volume of 7.05M. The Cincinnati Ohio 45202 based company has been underperforming the department stores companies by -18.2087% for last three months and its recent losses have pulled the stock down -18.71% YTD, versus the department stores industry which is down -7.44% for the same period. The RSI of 20.56 indicates the stock is oversold at the current levels, buy for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

 

Stocks Intraday Alert: Range Resources Corporation (RRC), ON Semiconductor Corporation (ON), Macy’s, Inc. (M)

Range Resources Corporation (RRC) managed to rebound with the stock climbing 1.8% or $0.61 to close the day at $34.44 on lower than average trading volume of 4.39M shares, compared to its three month average trading volume of 4.43M. The Fort Worth Texas 76102 based company has been outperforming the independent oil & gas companies by -4.0745% for last three months and its recent losses have trimmed gains to 0.23% YTD, versus the independent oil & gas industry which is up 1% for the same period. The RSI of 51.15 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. The company holds interests in developed and undeveloped natural gas and oil leases in the Appalachian region of the United States. It owns and operates 4,462 net producing wells and approximately 905,000 net acres under lease in the Appalachian region; and 444 net producing wells and approximately 308,000 net acres under lease in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of Northern Oklahoma and Kansas, the Permian Basin of West Texas, and Mississippi. The company markets and sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to natural gas processors or users of NGLs; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. As of December 31, 2015, it had proved reserves of 9.9 trillion cubic feet of natural gas equivalents. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.

ON Semiconductor Corporation (ON) had a light trading with around 4.38M shares changing hands compared to its three month average trading volume of 6.92M. The stock traded between $13.72 and $14 before closing at the price of $13.86 with -0.29% change on the day. The Phoenix Arizona 85008 based company is currently trading 98.85% above its 52 week low of $6.97 and -1% below its 52 week high of $14. Both the RSI indicator and target price of 64.93 and $14.76 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Macy’s, Inc. (M) traded within a range of $29.81 to $30.34 after opening the day at $30.18. The company has seen its stock decrease in value by -16.45% so far this year. The stock was down close to -0.76% on light volume in last trading session and closed at $29.92 per share. After the recent fall, the stock is currently holding -33.49% below its 52 week high of $45.5 and 4.8% above its 12-month low of $28.55. The shares are down by over -15.94% in the last three months, and the RSI indicator value of 22.89 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

 

Stocks in the Spotlight: Staples, Inc. (SPLS), Macy’s, Inc. (M), Ally Financial Inc. (ALLY)

Staples, Inc. (SPLS) had a light trading with around 6.1M shares changing hands compared to its three month average trading volume of 7.5M. The stock traded between $9.3 and $9.48 before closing at the price of $9.41 with 1.51% change on the day. The Framingham Massachusetts 01701 based company is currently trading 31.56% above its 52 week low of $7.24 and -13.86% below its 52 week high of $11.37. Both the RSI indicator and target price of 52.95 and $9.92 respectively, lead us to believe that it should be put on hold over the coming weeks.

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services, as well as technology services. The company sells and delivers office products and services directly to businesses and consumers through its Staples.com and Staples.ca, and Quill.com Websites, as well as through retail stores, and Internet and direct mail catalogs. As of January 30, 2016, it operated approximately 1,907 retail stores; and 104 distribution and fulfillment centers in the United States and internationally. The company was founded in 1985 and is based in Framingham, Massachusetts.

Macy’s, Inc. (M) continued its upward trend with the stock climbing 0.57% or $0.17 to close the day at $30.15 on light trading volume of 6.09M shares, compared to its three month average trading volume of 7.01M. The Cincinnati Ohio 45202 based company has been underperforming the department stores group over the past 52 weeks, with the stock losing -21.93%, compared to the industry which has dropped -1.21% over the same period. With RSI of 23.35, the stock should still continue to rise and get closer to its one year target estimate of $36.7, making it a hold for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Ally Financial Inc. (ALLY) shares were up in last trading by 1.45% to $19.61. It experienced higher than average volume on day. The stock increased in value by almost 0.87% over the past week and grew 0.36% in the past month. It is currently trading 0.22% above its 50 day moving average and 6.14% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.81% decrease in value from its one year high of $20.6. The RSI indicator value of 49.81, lead us to believe that it is a hold for now.

Ally Financial Inc., a diversified financial services company, provides a range of financial products and services primarily to automotive dealers and their retail customers in the United States. It offers dealer financial services, including a range of financial services and insurance products to automotive dealers and retail customers. The company also provides automotive finance services for dealers, such as new and used vehicle inventory financing; inventory insurance; term loans, including real estate and working capital loans; and vehicle remarketing services, as well as vehicle service contracts (VCSs) and guaranteed automobile protection (GAP) products. In addition, it offers retail automotive financing for new and used vehicles, and leasing for new vehicles; consumer finance protection and insurance products, such as VSCs, maintenance coverage, and GAP products; commercial insurance products; and senior secured commercial-lending products. Further, the company, through its subsidiary, Ally Bank provides savings and money market accounts, certificates of deposit, interest-bearing checking accounts, trust accounts, and individual retirement accounts; and online and mobile banking, electronic bill pay, remote deposit, and electronic funds transfer. It also engages in the management of held-for-investment mortgage loan portfolio that includes the execution of bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.

 

Three Movers to Watch for: Macy’s, Inc. (M), Energy Transfer Equity, L.P. (ETE), Aramark (ARMK)

Macy’s, Inc. (M) grew with the stock adding 1.18% or $0.35 to close at $29.98 on light trading volume of 5.04M compared its three months average trading volume of 6.98M. The Cincinnati Ohio 45202 based company operating under the Department Stores industry has been trending down for the last 52 weeks, with the shares price now -20.67% down for the period and down by -16.28% so far this year. With price target of $36.7 and a 5.01% rebound from 52-week low, Macy’s, Inc. has plenty of upside potential, making it a hold with a view buy.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Energy Transfer Equity, L.P. (ETE) gained $0.37 to close the day at a new closing price of $18.62, a 2.03% increase in value from its previous closing price that moved the stock 394.68% above its 52 week low of $4. A total of 5.03M shares exchanged hands during the day compared with its three month average trading volume of 6.69M. The stock, which fluctuated between $18.42 and $18.99 during the day, currently situated -7.13% below its 52 week high. The stock is down by -0.75% in the past one month and up by 15.17% over the past three months. With a one year target estimate of $19.84 and RSI of 51.21, the stock still has upside potential, making it a hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Aramark (ARMK) shares were up in last trading by 0.82% to $33.35. It experienced higher than average volume on day. The stock decreased in value by almost -0.45% over the past week and fell -8.05% in the past month. It is currently trading -5.05% below its 50 day moving average and -5.24% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -12.67% decrease in value from its one year high of $38.3. The RSI indicator value of 31.65, lead us to believe that it is a hold for now.

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. It offers managed services include dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. The company also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply chain management, purchasing, and central transportation. In addition, it offers on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising housekeeping, plant operations and maintenance, energy management, laundry and linen, grounds keeping, landscaping, transportation, capital program management and commissioning, and other facility consulting services. Further, the company provides facility and business support services for mining and oil operations; and concessions, banquet and catering, retail and merchandise sales, recreational and lodging, and facility management services for sports, entertainment, and recreational facilities. Additionally, it offers correctional food, and food and facilities management services for parks; and operates commissaries, laundry facilities, and property rooms. It also rents, sells, cleans, maintains, and delivers uniform and career apparel, and other textile items; and provides other garments and work clothes, as well as ancillary items. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

 

3 Trending Stocks: New York REIT, Inc. (NYRT), Macy’s, Inc. (M), Johnson Controls International plc (JCI)

New York REIT, Inc. (NYRT) continued its upward trend with the stock climbing 1.11% or $0.11 to close the day at $10.03 on active trading volume of 4.67M shares, compared to its three month average trading volume of 2.8M. The New York New York 10022 based company has been underperforming the reit – office group over the past 52 weeks, with the stock losing -0.18%, compared to the industry which has advanced 34.42% over the same period. With RSI of 58.52, the stock should still continue to rise and get closer to its one year target estimate of $11.13, making it a hold for now.

New York REIT, Inc. focuses on acquiring commercial real estate, as well as acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City. It intends to qualify as a real estate investment trust for the U.S. federal income tax purposes. The company was formerly known as American Realty Capital New York Recovery REIT, Inc. New York REIT, Inc. was founded in October 2009 and is based in New York, New York.

Macy’s, Inc. (M) fell -0.24% during last trading as the stock lost $-0.07 to finish the day at $29.63 with about 4.66M shares changing hands, compared to its three month average trading volume of 6.98M. The $9.14B market cap company, which fluctuated between $29.35 and $29.92 during the day, currently situated 3.78% above its 52 week low of $28.55 and -34.13% away from its one year high of $45.5. The RSI of 19.54 indicates the stock is oversold at the current levels, buy for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Johnson Controls International plc (JCI) saw its value increase by 0.79% as the stock gained $0.34 to finish the day at a closing price of $43.24. The stock was lighter in trading and has fluctuated between $32.92-$48.97 per share for the past year. The shares, which traded within a range of $42.65 to $43.27 during the day, are down by -1.59% in the past three months and down by -4.48% over the past six months. It is currently trading 1.22% above its 20 day moving average and -0.65% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $49.84 a share over the next twelve months. The current relative strength index (RSI) reading is 51.37. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.

 

Stocks Highlights: Groupon, Inc. (GRPN), Macy’s, Inc. (M), Cousins Properties Incorporated (CUZ)

Groupon, Inc. (GRPN) had a active trading with around 7.31M shares changing hands compared to its three month average trading volume of 14.53M. The stock traded between $3.42 and $3.54 before closing at the price of $3.45 with -1.71% change on the day. The Chicago Illinois 60654 based company is currently trading 60.47% above its 52 week low of $2.15 and -41.92% below its 52 week high of $5.94. Both the RSI indicator and target price of 40.27 and $4.93 respectively, lead us to believe that it should be put on hold over the coming weeks.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. The company was founded in 2008 and is headquartered in Chicago, Illinois. Groupon, Inc. is a subsidiary of The Point, LLC.

Macy’s, Inc. (M) continued its upward trend with the stock climbing 0.85% or $0.25 to close the day at $29.7 on active trading volume of 7.02M shares, compared to its three month average trading volume of 6.9M. The Cincinnati Ohio 45202 based company has been underperforming the department stores group over the past 52 weeks, with the stock losing -23.91%, compared to the industry which has advanced 0.71% over the same period. With RSI of 19.71, the stock should still continue to rise and get closer to its one year target estimate of $36.7, making it a hold for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Cousins Properties Incorporated (CUZ) shares were up in last trading by 1.93% to $8.46. It experienced higher than average volume on day. The stock increased in value by almost 2.79% over the past week and grew 2.79% in the past month. It is currently trading 4.79% above its 50 day moving average and 11.54% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.49% decrease in value from its one year high of $8.65. The RSI indicator value of 60.55, lead us to believe that it is a hold for now.

Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land. The Office/Multi-Family division develops and manages office projects primarily in Austin, Dallas, Charlotte, Birmingham, and Atlanta; develops and sells multi-family projects in urban locations in the southeastern United States; and manages and leases office properties owned by third parties. It also develops mixed use projects that contain multiple product types in communities where individuals live, work, and seek entertainment. As of December 31, 2006, this division owned interests in 20 operating office properties; and had 5 office or multi-family projects under development or redevelopment. The Retail division develops and manages retail shopping centers principally in Georgia, Tennessee, North Carolina, Texas, and Florida. As of the above date, this division owned 10 operating retail properties; and had 3 projects and 1 expansion under development. The Industrial division develops institutional warehouse and distribution properties in the metropolitan Atlanta area and the Dallas market. As of December 31, 2006, this division owned one operating industrial property and three projects under development. The Land division engages in the acquisition and entitlement of land, the development and sale of residential lots, and the acquisition and sale of certain undeveloped tracts of land to third parties. As of the above date, this division had 24 residential communities under development. The company qualifies as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Cousins Properties was founded in 1958 and is based in Atlanta, Georgia.