Stocks in the Spotlight: McDonald’s Corporation (MCD), The Hartford Financial Services Group, Inc. (HIG), Allergan plc (AGN)

McDonald’s Corporation (MCD) had a light trading with around 3.01M shares changing hands compared to its three month average trading volume of 3.69M. The stock traded between $126.31 and $127.82 before closing at the price of $126.7 with 0.17% change on the day. The Oak Brook Illinois 60523 based company is currently trading 15.73% above its 52 week low of $110.33 and -1.77% below its 52 week high of $131.96. Both the RSI indicator and target price of 71.68 and $131.17 respectively, lead us to believe that it could drop over the coming weeks.

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

The Hartford Financial Services Group, Inc. (HIG) managed to rebound with the stock declining 0% or $0 to close the day at $48.6 on active trading volume of 3M shares, compared to its three month average trading volume of 2.5M. The Hartford Connecticut 06155 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 18.65%, compared to the industry which has advanced 27.04% over the same period. With RSI of 56.97, the stock should still continue to rise and get closer to its one year target estimate of $52.42, making it a hold for now.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. It operates through six segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds, and Talcott Resolution. The Commercial Lines segment offers workers’ compensation, property, automobile, liability, umbrella, marine, and livestock insurance, as well as customized insurance products and services, including general liability, professional liability, bond, and specialty casualty coverages. The Personal Lines segment provides automobile, homeowners, and personal umbrella coverages to individuals. The Property & Casualty Other Operations segment manages property and casualty insurance. The Group Benefits segment offers group life, accident and disability coverage, and group retiree health to employer groups, associations, and affinity groups; and disability underwriting, administration, claims processing, and reinsurance to other insurers and self-funded employer plans. The Mutual Funds segment provides investment products for retail and retirement accounts; and investment-management and administrative services, such as product design, implementation, and oversight, as well as the runoff of the mutual funds supporting the company’s variable annuity products. The Talcott Resolution segment engages in the U.S. annuity, institutional, and private-placement life insurance businesses. It has a research partnership with UCLA Anderson Forecast to understand the critical economic issue and other trends affecting small business. The Hartford Financial Services Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut.

Allergan plc (AGN) shares were down in last trading by -0.96% to $246.93. It experienced lighter than average volume on day. The stock increased in value by almost 0.51% over the past week and grew 14.02% in the past month. It is currently trading 15.82% above its 50 day moving average and 8.92% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -18.05% decrease in value from its one year high of $301.32. The RSI indicator value of 78.81, lead us to believe that it may reverse gains in the near term.

Allergan plc, a specialty pharmaceutical company, develops, manufactures, markets, and distributes medical aesthetics, biosimilar, and over-the-counter pharmaceutical products worldwide. It operates through US Brands, US Medical Aesthetics, International Brands, and Anda Distribution segments. The company offers a portfolio of products that provide treatments for the central nervous system, gastroenterology, women’s health and urology, ophthalmology, neurosciences, medical aesthetics, liver disease, inflammation, fibrosis, and HIV, as well as dermatology and plastic surgery, and Alzheimer’s disease. It is also involved in developing ocular implants that reduce intraocular pressure associated with glaucoma; medical devices for the correction of prominent ears; and intranasal neurostimulation devices, as well as other dry eye products. In addition, it distributes generic and branded pharmaceutical products primarily to independent pharmacies, pharmacy chains, pharmacy buying groups, and physicians’ offices. Further, the company develops, processes, and markets tissue-based products for use in reconstructive, orthopedic, and urogynecologic surgical procedures to repair soft tissue defects. Allergan plc has a collaboration with T2 Biosystems to develop blood-based diagnostic panel for the detection of Gram-negative bacterial species. The company was formerly known as Actavis plc and changed its name to Allergan plc in June 2015. Allergan plc was founded in 1983 and is headquartered in Dublin, Ireland.

 

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

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

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

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

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

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

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

 

3 Notable Runners: The TJX Companies, Inc. (TJX), McDonald’s Corporation (MCD), Lowe’s Companies, Inc. (LOW)

The TJX Companies, Inc. (TJX) continued its upward trend with the stock climbing 1.24% or $0.94 to close the day at $77.05 on higher than average trading volume of 3.67M shares, compared to its three month average trading volume of 3.55M. The Framingham Massachusetts 01701 based company has been underperforming the department stores companies by 4.5882% for last three months and its recent gains have pushed the stock slightly up 2.91% YTD, versus the department stores industry which is down -2.44% for the same period. The RSI of 62.04 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; seasonal items; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of July 30, 2016, the company operated a total of 3,675 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as through three e-commerce sites. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

McDonald’s Corporation (MCD) had a light trading with around 3.66M shares changing hands compared to its three month average trading volume of 3.8M. The stock traded between $124.52 and $126.11 before closing at the price of $125.82 with 1.08% change on the day. The Oak Brook Illinois 60523 based company is currently trading 14.93% above its 52 week low of $110.33 and -2.45% below its 52 week high of $131.96. Both the RSI indicator and target price of 71.34 and $131.17 respectively, lead us to believe that it could drop over the coming weeks.

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

Lowe’s Companies, Inc. (LOW) traded within a range of $73.11 to $74.04 after opening the day at $73.42. The company has seen its stock increase in value by 4.52% so far this year. The stock was up close to 0.6% on light volume in last trading session and closed at $73.97 per share. After the recent gain, the stock is currently holding -10.32% below its 52 week high of $83.65 and 20.12% above its 12-month low of $64.85. The shares are up by over 9.57% in the last three months, and the RSI indicator value of 58.21 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Lowe’s Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, lawn and garden, seasonal living, paint, flooring, millwork, kitchens, outdoor power equipment, and home fashions. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers; and retail customers comprising individual homeowners and renters. As of January 29, 2016, it operated 1,857 home improvement and hardware stores in the United States, Canada, and Mexico. The company also sells its products through online sites comprising Lowes.com, Lowes.ca, and ATGstores.com, as well as through mobile applications. Lowe’s Companies, Inc. was founded in 1946 and is based in Mooresville, North Carolina.

 

Worth Watching Stocks: McDonald’s Corporation (MCD), Enterprise Products Partners L.P. (EPD), Eli Lilly and Company (LLY)

McDonald’s Corporation (MCD) saw its value increase by 0.06% as the stock gained $0.08 to finish the day at a closing price of $124.67. The stock was lighter in trading and has fluctuated between $110.33-$131.96 per share for the past year. The shares, which traded within a range of $124.49 to $125.36 during the day, are up by 11.36% in the past three months and up by 7.02% over the past six months. It is currently trading 1.85% above its 20 day moving average and 2.44% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $131.17 a share over the next twelve months. The current relative strength index (RSI) reading is 67.91.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

Enterprise Products Partners L.P. (EPD) shares were up in last trading by 0.11% to $28.43. It experienced lighter than average volume on day. The stock increased in value by almost 1.07% over the past week and grew 3.16% in the past month. It is currently trading 5.22% above its 50 day moving average and 4.76% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -6.02% decrease in value from its one year high of $30.25. The RSI indicator value of 56.9, lead us to believe that it is a hold for now.

Enterprise Products Partners L.P., a master limited partnership, provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services segments. The NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, as well as NGL export docks and related services. It operates approximately 19,500 miles of NGL pipelines; NGL and related product storage facilities; 15 NGL fractionators; and a liquefied petroleum gas export terminal and NGL import facility. The Crude Oil Pipelines & Services segment operates approximately 5,400 miles of crude oil pipelines and related operations; and crude oil storage and marine terminals located in Oklahoma and Texas, as well as a fleet of 478 tractor-trailer tank trucks used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates approximately 19,100 miles of natural gas pipeline systems to gather and transport natural gas in Colorado, Louisiana, New Mexico, Texas, and Wyoming. It leases underground salt dome natural gas storage facilities in Texas and Louisiana; owns an underground salt dome storage cavern in Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related operations, including 674 miles of pipelines; butane isomerization complex, associated deisobutanizer units, and related pipeline assets; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines of approximately 4,200 miles; and terminals, as well as provides refined products marketing and marine transportation services. The company was founded in 1968 and is based in Houston, Texas.

Eli Lilly and Company (LLY) traded within a range of $77.19 to $78.65 after opening the day at $77.44. The company has seen its stock increase in value by 6.2% so far this year. The stock was up close to 0.53% on light volume in last trading session and closed at $78.11 per share. After the recent gain, the stock is currently holding -5.57% below its 52 week high of $83.79 and 21.7% above its 12-month low of $64.18. The shares are up by over 6.42% in the last three months, and the RSI indicator value of 67.31 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Eli Lilly and Company discovers, develops, manufactures, and markets pharmaceutical products worldwide. It operates through two segments, Human Pharmaceutical Products and Animal Health Products. The company offers endocrinology products to treat diabetes; osteoporosis in postmenopausal women and men; human growth hormone deficiency and pediatric growth conditions; and testosterone deficiency. It also provides neuroscience products for the treatment of depressive disorders, diabetic peripheral neuropathic pain, anxiety disorders, fibromyalgia, and chronic musculoskeletal pain; schizophrenia; attention-deficit hyperactivity disorders; depressive, obsessive-compulsive, bulimia nervosa, and panic disorders; and positron emission tomography imaging of beta-amyloid neurotic plaques in adult brains. In addition, the company offers products for the treatment of non-small cell lung, colorectal, head and neck, pancreatic, metastatic breast, ovarian, bladder, and metastatic gastric cancers, as well as malignant pleural mesothelioma; and cardiovascular products. Further, it provides animal health products, such as cattle feed additives; protein supplements for cows; leanness and performance enhancers for swine and cattle; antibiotics to treat respiratory and other diseases in cattle, swine, and poultry; anticoccidial agents for poultry; and chewable tablets that kill fleas and prevent flea infestations, heartworm diseases, roundworm diseases, hookworm diseases, and whipworm diseases. Additionally, the company offers products to treat chronic manifestations of atopic dermatitis and congestive heart failure in dogs; and chronic allergic dermatitis and kidney diseases in cats. It has a clinical collaboration agreement with Athenex, Inc.; and a research agreement with AstraZeneca for the development of clinical candidate MEDI1814 as a disease-modifying treatment for Alzheimer’s disease. Eli Lilly and Company was founded in 1876 and is headquartered in Indianapolis, Indiana.

 

Worth Watching Stocks: Berkshire Hathaway Inc. (BRK-B), McDonald’s Corporation (MCD), Spectra Energy Corp (SE)

Berkshire Hathaway Inc. (BRK-B) saw its value decrease by -0.32% as the stock dropped $-0.52 to finish the day at a closing price of $163.42. The stock was lighter in trading and has fluctuated between $124.04-$167.25 per share for the past year. The shares, which traded within a range of $163.04 to $163.93 during the day, are up by 13.77% in the past three months and up by 12.2% over the past six months. It is currently trading 0.73% above its 20 day moving average and 0.51% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $192.5 a share over the next twelve months. The current relative strength index (RSI) reading is 53.29.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Berkshire Hathaway Inc. operates as a holding company. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, and distributes electricity from solar, wind, nuclear, geothermal, and hydro sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets. In addition, it offers real estate brokerage services; invests in fixed-income and equity instruments; and engages in manufactured housing and finance business, leasing of transportation equipment, and furniture leasing activities. Further, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and other products; flooring, insulation, roofing and engineered, building and engineered components, paint and coating, and bricks and masonry products; recreational vehicles, apparel products, jewelry, and custom picture framing products; and alkaline batteries. Additionally, it manufactures structural investment castings and forged components, machined airframe components and engineered critical fasteners; airfoil castings; titanium and nickel superalloy melted and mill products; and seamless pipes, fittings, and forgings. The company distributes newspapers, televisions, and information; franchises and services quick service restaurants; distributes electronic components; and offers steel and logistics services, professional aviation training programs, and fractional aircraft ownership programs. In addition, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchen tools; and motorcycle apparel and equipment. The company was founded in 1889 and is headquartered in Omaha, Nebraska.

McDonald’s Corporation (MCD) shares were up in last trading by 0.17% to $124.45. It experienced lighter than average volume on day. The stock increased in value by almost 1.16% over the past week and grew 3.97% in the past month. It is currently trading 2.45% above its 50 day moving average and 4.83% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.52% decrease in value from its one year high of $131.96. The RSI indicator value of 67.52, lead us to believe that it is a hold for now.

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

Spectra Energy Corp (SE) traded within a range of $41.84 to $42.77 after opening the day at $42.58. The company has seen its stock increase in value by 2.36% so far this year. The stock was down close to -1.94% on light volume in last trading session and closed at $42.06 per share. After the recent fall, the stock is currently holding -3.51% below its 52 week high of $44 and 61.89% above its 12-month low of $26.88. The shares are up by over 6.64% in the last three months, and the RSI indicator value of 51 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, as well as transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of approximately 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has approximately 40,000 miles of main and service pipelines; storage capacity of approximately 163 Bcf; and transmission system of approximately 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, including water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas; produces, fractionates, transports, stores, and sells NGLs; recovers and sells condensate; and trades in and markets natural gas and NGLs. It owns or operates approximately 67,000 miles of gathering and transmission pipeline. The company was incorporated in 2006 and is headquartered in Houston, Texas.

 

Stocks To Track: McDonald’s Corporation (MCD), PPL Corporation (PPL), Pepsico, Inc. (PEP)

McDonald’s Corporation (MCD) climbed 0.65% during last trading as the stock added $0.8 to finish the day at $123.22 with about 3.24M shares changing hands, compared to its three month average trading volume of 3.89M. The $102.33B market cap company, which fluctuated between $122.26 and $123.98 during the day, currently situated 12.69% above its 52 week low of $110.33 and -4.47% away from its one year high of $131.96. The RSI of 61.96 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

PPL Corporation (PPL) gained $0.33 to close the day at a new closing price of $35.28, a 0.94% increase in value from its previous closing price that moved the stock 11.25% above its 52 week low of $32.08. A total of 3.23M shares exchanged hands during the day compared with its three month average trading volume of 3.91M. The stock, which fluctuated between $34.89 and $35.36 during the day, currently situated -9.62% below its 52 week high. The stock is up by 3.67% in the past one month and up by 4.97% over the past three months. With a one year target estimate of $36.53 and RSI of 67.41, the stock still has upside potential, making it a hold for now.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Pepsico, Inc. (PEP) had a light trading with around 3.21M shares changing hands compared to its three month average trading volume of 4.38M. The stock traded between $103.29 and $104.39 before closing at the price of $104.03 with 0.99% change on the day. The company is currently trading 11.45% above its 52 week low of $96.09 and -4.87% below its 52 week high of $110.94. Both the RSI indicator and target price of 55.69 and $115.25 respectively, lead us to believe that it should be put on hold over the coming weeks.

PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s and Ruffles potato chips; Doritos, Tostitos and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips. The company’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, natural granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, Cap’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes. Its North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under the Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Tropicana Pure Premium, Sierra Mist, and Mug brands; and ready-to-drink tea and coffee, and juices. The company’s Latin America segment provides snack foods under the Doritos, Cheetos, Marias Gamesa, Ruffles, Emperador, Saladitas, Sabritas, Lay’s, Rosquinhas Mabel, and Tostitos brands; cereals and snacks under the Quaker brand; and beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Gatorade, Mirinda, Diet 7UP, Manzanita Sol, and Diet Pepsi brands. Its Europe Sub-Saharan Africa segment offers snack foods under the Lay’s, Walkers, Doritos, Cheetos, and Ruffles brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Pepsi Max, Mirinda, Diet Pepsi, and Tropicana brands; ready-to-drink tea products; and dairy products under the Chudo, Agusha, and Domik v Derevne brands. The company’s Asia, Middle East and North Africa segment provides snack foods under the Lay’s, Kurkure, Chipsy, Doritos, Cheetos, and Crunchy brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, Mirinda, 7UP, Mountain Dew, Aquafina, and Tropicana brands; and tea products. The company was founded in 1898 and is headquartered in Purchase, New York.

 

Stocks Buzz: McDonald’s Corporation (MCD), Marathon Petroleum Corporation (MPC), Praxair, Inc. (PX)

McDonald’s Corporation (MCD) failed to extend gains with the stock declining -0.37% or $-0.45 to close the day at $122.57 on light trading volume of 3.73M shares, compared to its three month average trading volume of 3.91M. The Oak Brook Illinois 60523 based company has been outperforming the restaurants group over the past 52 weeks, with the stock gaining 1.39%, compared to the industry which has advanced 10.1% over the same period. With RSI of 56.96, the stock should still continue to rise and get closer to its one year target estimate of $130.13, making it a hold for now.

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

Marathon Petroleum Corporation (MPC) retreated with the stock falling -0.64% or $-0.31 to close at $48.05 on light trading volume of 5.31M compared its three months average trading volume of 6.39M. The Findlay Ohio 45840 based company operating under the Oil & Gas Refining & Marketing industry has been trending up for the last 52 weeks, with the shares price now 19.3% up for the period and down by -4.57% so far this year. With price target of $61.97 and a 70.42% rebound from 52-week low, Marathon Petroleum Corporation has plenty of upside potential, making it a hold with a view buy.

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.

Praxair, Inc. (PX) continued its downward trend with the stock declining -0.72% or $-0.86 to close the day at $118.44 on lower than average trading volume of 1.36M shares, compared to its three month average trading volume of 1.46M. The Danbury Connecticut 06810 based company has been outperforming the chemicals – major diversified companies by 1.3849% for last three months and its recent gains have pushed the stock slightly up 1.07% YTD, versus the chemicals – major diversified industry which is up 2.95% for the same period. The RSI of 52.08 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Praxair, Inc. produces, sells, and distributes atmospheric, process, and specialty gases, as well as surface coatings in North America, Europe, South America, and Asia. The company offers atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases comprising carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs, engineers, and builds equipment that produces industrial gases; and manufactures precious metal and ceramic sputtering targets used primarily in the production of semiconductors. In addition, the company supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, energy, printing, primary metals, petrochemical, textile, and other industries. Further, it provides electric arc, plasma and wire spray, and high-velocity oxy-fuel equipment; and distributes hardgoods and welding equipment purchased from independent manufacturers. The company sells its products primarily through independent distributors. It serves various industries, such as healthcare, petroleum refining, manufacturing, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment. Praxair, Inc. was founded in 1907 and is headquartered in Danbury, Connecticut.

 

Worth Watching Stocks: McDonald’s Corporation (MCD), Franklin Resources, Inc. (BEN), Union Pacific Corporation (UNP)

McDonald’s Corporation (MCD) saw its value increase by 0.8% as the stock gained $0.98 to finish the day at a closing price of $122.86. The stock was lighter in trading and has fluctuated between $110.33-$131.96 per share for the past year. The shares, which traded within a range of $121.48 to $122.99 during the day, are up by 10.44% in the past three months and up by 4.49% over the past six months. It is currently trading 1.21% above its 20 day moving average and 1.63% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $130.13 a share over the next twelve months. The current relative strength index (RSI) reading is 57.81.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

Franklin Resources, Inc. (BEN) shares were down in last trading by -1.1% to $40.32. It experienced higher than average volume on day. The stock decreased in value by almost -0.71% over the past week and grew 0.52% in the past month. It is currently trading 1.2% above its 50 day moving average and 10.96% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -3.93% decrease in value from its one year high of $42.18. The RSI indicator value of 50.76, lead us to believe that it is a hold for now.

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.

Union Pacific Corporation (UNP) traded within a range of $108.14 to $110.36 after opening the day at $110.35. The company has seen its stock increase in value by 5.32% so far this year. The stock was down close to -0.86% on light volume in last trading session and closed at $109.2 per share. After the recent fall, the stock is currently holding -1.96% below its 52 week high of $111.38 and 62.98% above its 12-month low of $70.35. The shares are up by over 23.36% in the last three months, and the RSI indicator value of 64.37 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers freight transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. The company also provides transportation services for coal and petroleum coke; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export containers and trailers. Union Pacific Corporation’s rail network includes 32,084 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and eastern United States gateways. The company was founded in 1862 and is headquartered in Omaha, Nebraska.

 

Momentum Stocks: 3M Company (MMM), Kimberly-Clark Corporation (KMB), McDonald’s Corporation (MCD)

3M Company (MMM) grew with the stock adding 0.43% or $0.76 to close at $176.73 on active trading volume of 3.46M compared its three months average trading volume of 1.95M. The St. Paul Minnesota 55144 based company operating under the Diversified Machinery industry has been trending up for the last 52 weeks, with the shares price now 25.34% up for the period and down by -1.03% so far this year. With price target of $188.93 and a 31.95% rebound from 52-week low, 3M Company has plenty of upside potential, making it a hold with a view buy.

3M Company operates as a diversified technology company worldwide. The company’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products. Its Safety and Graphics segment provides personal protection products, traffic safety and security products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules, and fall protection products. The company’s Health Care segment offers medical and surgical supplies, skin health and infection prevention products, drug delivery systems, dental and orthodontic products, health information systems, and food safety products. Its Electronics and Energy segment provides optical films; packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The company’s Consumer segment offers sponges, scouring pads, high-performance cloths, consumer and office tapes, repositionable notes, indexing systems, and consumer and office tapes and adhesives, as well as construction and home improvement, home care, and protective material products. 3M Company serves automotive, electronics and energy, appliance, paper and printing, packaging, food and beverage, construction, clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, home improvement, drug and pharmacy retail, and other markets. The company sells its products through wholesalers, retailers, jobbers, distributors, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota.

Kimberly-Clark Corporation (KMB) had a active trading with around 3.45M shares changing hands compared to its three month average trading volume of 1.9M. The stock traded between $121.4 and $122.84 before closing at the price of $122 with 0.17% change on the day. The Irving Texas 75038 based company is currently trading 10.5% above its 52 week low of $111.3 and -10.8% below its 52 week high of $138.87. Both the RSI indicator and target price of  and $121.75 respectively, lead us to believe that it could rise over the coming weeks.

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brands. The Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins, and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, and other brand names. The K-C Professional segment offers wipers, tissues, towels, apparel, soaps, and sanitizers under the Kleenex, Scott, WypAll, Kimtech, and Jackson Safety brands. The company sells household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce. It also sells products for away-from-home use through distributors and directly to manufacturing, lodging, office building, food service, and public facilities. Kimberly-Clark Corporation was founded in 1872 and is headquartered in Dallas, Texas.

McDonald’s Corporation (MCD) saw its value increase by 0.61% as the stock gained $0.74 to finish the day at a closing price of $121.79. The stock was lighter in trading and has fluctuated between $110.33-$131.96 per share for the past year. The shares, which traded within a range of $120.95 to $121.92 during the day, are up by 8.07% in the past three months and up by 1.63% over the past six months. It is currently trading 0.22% above its 20 day moving average and 1.02% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $128.52 a share over the next twelve months. The current relative strength index (RSI) reading is 52.56.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

Stocks Trend Analysis: McDonald’s Corporation (MCD), KKR & Co. L.P. (KKR), Invesco Ltd. (IVZ)

McDonald’s Corporation (MCD) continued its downward trend with the stock declining -0.27% or $-0.33 to close the day at $121.05 on light trading volume of 3.49M shares, compared to its three month average trading volume of 4M. The Oak Brook Illinois 60523 based company has been outperforming the restaurants group over the past 52 weeks, with the stock gaining 4.68%, compared to the industry which has advanced 6.97% over the same period. With RSI of 48.01, the stock should still continue to rise and get closer to its one year target estimate of $128.52, making it a hold for now.

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

KKR & Co. L.P. (KKR) grew with the stock adding 2.5% or $0.43 to close at $17.62 on active trading volume of 3.48M compared its three months average trading volume of 2.85M. The New York New York 10019 based company operating under the Asset Management industry has been trending up for the last 52 weeks, with the shares price now 37.9% up for the period and up by 14.49% so far this year. With price target of $19.32 and a 69.68% rebound from 52-week low, KKR & Co. L.P. has plenty of upside potential, making it a hold with a view buy.

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

Invesco Ltd. (IVZ) managed to rebound with the stock climbing 1.28% or $0.39 to close the day at $30.85 on higher than average trading volume of 3.47M shares, compared to its three month average trading volume of 3.43M. The  based company has been outperforming the asset management companies by 4.2615% for last three months and its recent gains have pushed the stock slightly up 1.68% YTD, versus the asset management industry which is up 1.87% for the same period. The RSI of 48.52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in December 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.