Stocks in Review: Laredo Petroleum, Inc. (LPI), Memorial Production Partners LP (MEMP), New York Community Bancorp, Inc. (NYCB)

Laredo Petroleum, Inc. (LPI) traded within a range of $13.11 to $13.92 after opening the day at $13.3. The company has seen its stock decrease in value by -5.09% so far this year. The stock was up close to 0.37% on active volume in last trading session and closed at $13.42 per share. After the recent gain, the stock is currently holding -18.52% below its 52 week high of $16.47 and 244.1% above its 12-month low of $3.9. The shares are up by over 0.83% in the last three months, and the RSI indicator value of 39.33 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Laredo Petroleum, Inc. operates as an independent energy company in the United States. It focuses on the acquisition, exploration, and development of oil and natural gas properties, as well as the transportation of oil and natural gas primarily in the Permian Basin in West Texas. As of December 31, 2015, it had interests in the 135,408 net acres in the Permian Basin; and had total proved reserves of 125,698 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was founded in 2006 and is headquartered in Tulsa, Oklahoma.

Memorial Production Partners LP (MEMP) continued its upward trend with the stock climbing 5.51% or $0.01 to close the day at $0.27 on active trading volume of 4.43M shares, compared to its three month average trading volume of 3.47M. The Houston Texas 77002 based company has been underperforming the independent oil & gas group over the past 52 weeks, with the stock losing -82.54%, compared to the industry which has advanced 65.15% over the same period. With RSI of 50.57, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

New York Community Bancorp, Inc. (NYCB) gained $0.14 to close the day at a new closing price of $15.74, a 0.9% increase in value from its previous closing price that moved the stock 15.18% above its 52 week low of $13.74. A total of 4.43M shares exchanged hands during the day compared with its three month average trading volume of 4.45M. The stock, which fluctuated between $15.5 and $15.75 during the day, currently situated -10.97% below its 52 week high. The stock is down by -7.85% in the past one month and up by 15.04% over the past three months. With a one year target estimate of $16.45 and RSI of 44.79, the stock still has upside potential, making it a hold for now.

New York Community Bancorp, Inc. operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products that include checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts. Its loan portfolio comprises one-to-four family loans; multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans. The company also provides installment loans, revolving lines of credit, and insurance products, as well as cash management, online and phone banking, and ATM services. It serves small and mid-size businesses, professional associations, and government agencies, as well as consumers. The company serves its customers through a network of 227 Community Bank branches, 30 Commercial Bank branches, and 273 ATM locations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is based in Westbury, New York.

 

Trader’s Buzzers: Memorial Production Partners LP (MEMP), Southwestern Energy Company (SWN), Huntington Bancshares Incorporated (HBAN)

Memorial Production Partners LP (MEMP) traded within a range of $0.2 to $0.28. The company has seen its stock increase in value by 91.67% so far this year. The stock was down close to -5.74% on active volume in last trading session and closed at $0.23 per share. After the recent fall, the stock is currently holding -92.59% below its 52 week high of $3.21 and 91.67% above its 12-month low of $0.12. The shares are down by over -85.16% in the last three months, and the RSI indicator value of 45.34 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Southwestern Energy Company (SWN) continued its downward trend with the stock declining -0.59% or $-0.06 to close the day at $10.04 on light trading volume of 10.9M shares, compared to its three month average trading volume of 16.65M. The Spring Texas 77389 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 51.43%, compared to the industry which has advanced 51.17% over the same period. With RSI of 42.02, the stock should still continue to rise and get closer to its one year target estimate of $13.64, making it a hold for now.

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

Huntington Bancshares Incorporated (HBAN) gained $0.15 to close the day at a new closing price of $13.47, a 1.13% increase in value from its previous closing price that moved the stock 76.89% above its 52 week low of $7.83. A total of 10.81M shares exchanged hands during the day compared with its three month average trading volume of 14.68M. The stock, which fluctuated between $13.36 and $13.67 during the day, currently situated -0.81% below its 52 week high. The stock is up by 2.27% in the past one month and up by 39.42% over the past three months. With a one year target estimate of $14.47 and RSI of 61.01, the stock still has upside potential, making it a hold for now.

Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company’s Retail and Business Banking segment offers financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance. The company’s Automobile Finance and Commercial Real Estate segment offers financing for the purchase of vehicles; financing the acquisition of new and used vehicle inventory of franchised automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, and other banking services; wealth management services, and retirement plan and corporate trust services; and brokerage, annuities, advisory, and other investment products. The company’s Home Lending segment offers consumer loans and mortgages. Huntington Bancshares Incorporated also provides equipment leasing; and online, mobile, and telephone banking services. The company was founded in 1866 and is headquartered in Columbus, Ohio.

 

3 Trending Stocks: Memorial Production Partners LP (MEMP), Chesapeake Energy Corporation (CHK), General Electric Company (GE)

Memorial Production Partners LP (MEMP) managed to rebound with the stock climbing 84.99% or $0.11 to close the day at $0.24 on active trading volume of 30.67M shares, compared to its three month average trading volume of 2.51M. The Houston Texas 77002 based company has been underperforming the independent oil & gas group over the past 52 weeks, with the stock losing -85.76%, compared to the industry which has advanced 57.03% over the same period. With RSI of 46.44, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Chesapeake Energy Corporation (CHK) climbed 0.14% during last trading as the stock added $0.01 to finish the day at $6.93 with about 30.52M shares changing hands, compared to its three month average trading volume of 53.34M. The $6.3B market cap company, which fluctuated between $6.87 and $7.07 during the day, currently situated 362% above its 52 week low of $1.5 and -15.49% away from its one year high of $8.2. The RSI of 50.27 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

General Electric Company (GE) saw its value decrease by -0.25% as the stock dropped $-0.08 to finish the day at a closing price of $31.39. The stock was lighter in trading and has fluctuated between $27.1-$33 per share for the past year. The shares, which traded within a range of $31.13 to $31.47 during the day, are up by 9.43% in the past three months and down by -2.32% over the past six months. It is currently trading -0.71% below its 20 day moving average and 1.83% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34 a share over the next twelve months. The current relative strength index (RSI) reading is 49.1. The technical indicator lead us to believe there will be no major movement any time soon, hold.

General Electric Company (GE) operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

 

Investor’s Alert: Community Health Systems, Inc. (CYH), Memorial Production Partners LP (MEMP), Coach, Inc. (COH)

Community Health Systems, Inc. (CYH) failed to extend gains with the stock declining -1.91% or $-0.12 to close the day at $6.15 on lower than average trading volume of 2.61M shares, compared to its three month average trading volume of 5.55M. The Franklin Tennessee 37067 based company has been outperforming the hospitals companies by -43.8154% for last three months and its recent losses have trimmed gains to 10.02% YTD, versus the hospitals industry which is down -11.98% for the same period. The RSI of 60.51 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies. In addition, it offers management and consulting services to non-affiliated general acute care hospitals. As of February 15, 2016, the company owned, leased, or operated 195 affiliated hospitals in 29 states with approximately 30,000 licensed beds. Community Health Systems, Inc. was founded in 1985 and is headquartered in Franklin, Tennessee.

Memorial Production Partners LP (MEMP) had a active trading with around 2.61M shares changing hands compared to its three month average trading volume of 2.42M. The stock traded between $0.123 and $0.14 before closing at the price of $0.13 with 3.08% change on the day. The Houston Texas 77002 based company is currently trading 11.67% above its 52 week low of $0.12 and -95.68% below its 52 week high of $3.21. Both the RSI indicator and target price of 30.21 and $0 respectively, lead us to believe that it should be put on hold over the coming weeks.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Coach, Inc. (COH) traded within a range of $35.04 to $35.66 after opening the day at $35.39. The company has seen its stock increase in value by 1.48% so far this year. The stock was up close to 0.71% on light volume in last trading session and closed at $35.54 per share. After the recent gain, the stock is currently holding -17.23% below its 52 week high of $43.71 and 22.44% above its 12-month low of $30.06. The shares are down by over -1.94% in the last three months, and the RSI indicator value of 47.5 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Coach, Inc. provides luxury accessories and lifestyle brands. It offers handbags, money pieces, wristlets and cosmetic cases, key rings, and charms for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, time management, electronic accessories, and ready-to-wear for men. The company also provides footwear; seasonal lifestyle apparel collections, including outerwear and ready-to-wear, and cold weather accessories, such as gloves, scarves, and hats; jewelry consisting of bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising eau de perfume sprays, eau de toilette sprays, purse sprays, and body lotions. In addition, it offers weekend and travel accessories, travel bags, and other lifestyle products. Further, the company holds licensing rights to market and distribute footwear, eyewear, watches, and fragrances under the Coach brand name. It markets its products to consumers through a network of company-operated stores, including Internet in North America; and Coach-operated stores and concession shop-in-shops in Japan, Mainland China, Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Austria, Belgium, the Netherlands, and Switzerland. The company also sells its products to wholesale customers and distributors in approximately 55 countries. As of July 2, 2016, it operated 228 Coach retail stores and 204 Coach outlet leased stores; and 522 Coach-operated concession shop-in-shops within department stores, retail, and outlet stores, as well as 75 Stuart Weitzman stores. Coach, Inc. was founded in 1941 and is headquartered in New York, New York.

 

Worth Watching Stocks: Memorial Production Partners LP (MEMP), Vonage Holdings Corp. (VG), Best Buy Co., Inc. (BBY)

Memorial Production Partners LP (MEMP) saw its value decrease by -4% as the stock dropped $-0.01 to finish the day at a closing price of $0.13. The stock was higher in trading and has fluctuated between $0.1247-$3.21 per share for the past year. The shares, which traded within a range of $0.1281 to $0.142 during the day, are down by -92.29% in the past three months and down by -92.76% over the past six months. It is currently trading -66.4% below its 20 day moving average and -74.56% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $0 a share over the next twelve months. The current relative strength index (RSI) reading is 29.33.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Vonage Holdings Corp. (VG) shares were up in last trading by 0.92% to $7.64. It experienced higher than average volume on day. The stock increased in value by almost 8.83% over the past week and grew 10.72% in the past month. It is currently trading 13.73% above its 50 day moving average and 32.89% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.66% increase in value from its one year high of $7.78. The RSI indicator value of 69.44, lead us to believe that it is a hold for now.

Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide. It offers various business services, including basic dial tone, call queue, conferencing, call groups, mobile functionality, CRM integration, and detailed analytics, as well as Vonage Essential services. The company also provides home telephone replacement services through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail. Its primary home telephone offering is Vonage World that offers unlimited domestic calling; calling to landline phones in approximately 60 countries; and calling to mobile phones in various countries. mobile services, including Vonage Mobile, a mobile application that provides free calling and messaging between users who have the application, as well as international calling to other phone; and Vonage-enabled devices, which allow customers to use the Internet connection for their computer and telephones at the same time. Further, it offers high-speed broadband Internet service that allows calls over the Internet either from a telephone through a Vonage-enabled device, or through soft phone software, or mobile client applications. The company sells its products through its sales agents, Websites, toll free numbers, and regional and national retailers for consumers and businesses in the United States, the United Kingdom, and Canada. As of December 31, 2015, it had approximately 2.5 million consumer subscriber lines and business seats. The company was incorporated in 2000 and is headquartered in Holmdel, New Jersey.

Best Buy Co., Inc. (BBY) traded within a range of $41.79 to $42.81 after opening the day at $42.75. The company has seen its stock decrease in value by -0.07% so far this year. The stock was down close to -2.58% on active volume in last trading session and closed at $42.64 per share. After the recent fall, the stock is currently holding -13.68% below its 52 week high of $49.4 and 76.19% above its 12-month low of $25.31. The shares are up by over 13.21% in the last three months, and the RSI indicator value of 41 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, bestbuy.com.mx, and Geek Squad brand names, as well as through call centers. As of January 30, 2016, it had approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

 

Eye Catching Stocks: Memorial Production Partners LP (MEMP), Hess Corporation (HES), Abercrombie & Fitch Co. (ANF)

Memorial Production Partners LP (MEMP) managed to rebound with the stock declining -6.83% or $0 to close the day at $0.14 on active trading volume of 5.03M shares, compared to its three month average trading volume of 2.26M. The Houston Texas 77002 based company has been underperforming the independent oil & gas group over the past 52 weeks, with the stock losing -94.47%, compared to the industry which has advanced 33.2% over the same period. With RSI of 30.73, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Hess Corporation (HES) fell -1.42% during last trading as the stock lost $-0.89 to finish the day at $61.93 with about 5.01M shares changing hands, compared to its three month average trading volume of 4M. The $19.8B market cap company, which fluctuated between $60.88 and $63.05 during the day, currently situated 94.68% above its 52 week low of $32.41 and -5.16% away from its one year high of $65.56. The RSI of 58.97 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

Abercrombie & Fitch Co. (ANF) saw its value increase by 5.86% as the stock gained $0.71 to finish the day at a closing price of $12.82. The stock was higher in trading and has fluctuated between $11.53-$32.83 per share for the past year. The shares, which traded within a range of $12.29 to $12.94 during the day, are down by -18.34% in the past three months and down by -27.39% over the past six months. It is currently trading -5.32% below its 20 day moving average and -11.03% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $14.75 a share over the next twelve months. The current relative strength index (RSI) reading is 44.49. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel. The company sells knit and woven shirts, graphic T-shirts, fleece, jeans and woven pants, shorts, sweaters, and outerwear; personal care products; and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister brand names. As of March 2, 2016, it operated through 754 stores in the United States; and 178 stores in Canada, Europe, Asia, and the Middle East. The company sells its products through its stores and direct-to-consumer sales. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.

 

Trader’s Round Up: Memorial Production Partners LP (MEMP), InterCloud Systems, Inc. (ICLD), Kohl’s Corporation (KSS)

Memorial Production Partners LP (MEMP) grew with the stock adding 16.2% or $0.02 to close at $0.14 on active trading volume of 3.81M compared its three months average trading volume of 2.2M. The Houston Texas 77002 based company operating under the Independent Oil & Gas industry has been trending down for the last 52 weeks, with the shares price now -94.62% down for the period and up by 16.2% so far this year. With price target of $0 and a 16.2% rebound from 52-week low, Memorial Production Partners LP has plenty of upside potential, making it a hold with a view buy.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

InterCloud Systems, Inc. (ICLD) dropped $0 to close the day at a new closing price of $0.03, a -3.54% decrease in value from its previous closing price that moved the stock 11.11% above its 52 week low of $0.03. A total of 3.8M shares exchanged hands during the day compared with its three month average trading volume of 2.29M. The stock, currently situated -71.02% below its 52 week high. The stock is down by -40% in the past one month and down by 0% over the past three months. With a one year target estimate of $0 and RSI of 34.32, the stock still has upside potential, making it a hold for now.

InterCloud Systems, Inc. provides end-to-end IT and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the United States and internationally. It operates through four segments: Applications and Infrastructure, Professional Services, Managed Services, and Cloud Services. The company offers various services, including platform as a service, infrastructure as a service, database as a service, and software as a service; and network management, 24x7x365 monitoring, security monitoring, and storage and backup services. It also provides software-defined networking (SDN) training, SDN software development and integration, virtualized network functions validation in a multi-vendor environment, unified communications, interactive voice response, and session initiation protocol based call centers, as well as structured cabling and other field installations. In addition, the company designs, engineers, installs, and maintains various types of Wi-Fi and wide-area, distributed antenna system, and small cell distribution networks for incumbent local exchange carriers, telecommunications original equipment manufacturers (OEMs), cable broadband multiple system operators, and enterprise customers, as well as designs, installs, and maintains hardware solutions for the OEMs that support voice, data, and optical networks. Further, it provides consulting and professional staffing solutions to the service-provider and enterprise market in support of IT and next-generation networks comprising project management, network implementation, network installation, network upgrades, rebuilds, maintenance, and consulting services. Additionally, the company’s engineering, design, installation, and maintenance services support the build-out and operation of enterprise, fiber optic, Ethernet, and wireless networks. InterCloud Systems, Inc. was founded in 2006 and is based in Shrewsbury, New Jersey.

Kohl’s Corporation (KSS) shares were up in last trading by 0.81% to $49.78. It experienced lighter than average volume on day. The stock decreased in value by almost -0.16% over the past week and fell -8.53% in the past month. It is currently trading -1.44% below its 50 day moving average and 15.63% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -16.57% decrease in value from its one year high of $59.67. The RSI indicator value of 44.25, lead us to believe that it is a hold for now.

Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The company also sells its products online through Website Kohls.com. As of January 30, 2016, it operated 1,164 department stores in 49 states. Kohl’s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.

 

3 Trending Stocks: Memorial Production Partners LP (MEMP), Endologix, Inc. (ELGX), Best Buy Co., Inc. (BBY)

Memorial Production Partners LP (MEMP) continued its downward trend with the stock declining -10.93% or $-0.02 to close the day at $0.12 on active trading volume of 3.72M shares, compared to its three month average trading volume of 2.15M. The Houston Texas 77002 based company has been underperforming the independent oil & gas group over the past 52 weeks, with the stock losing -94.93%, compared to the industry which has advanced 31.7% over the same period. With RSI of 28.56, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Endologix, Inc. (ELGX) fell -3.38% during last trading as the stock lost $-0.2 to finish the day at $5.72 with about 3.72M shares changing hands, compared to its three month average trading volume of 1.99M. The $489.52M market cap company, which fluctuated between $5.63 and $6.07 during the day, currently situated 19.67% above its 52 week low of $4.78 and -60.55% away from its one year high of $14.49. The RSI of 33.98 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Endologix, Inc. develops, manufactures, markets, and sells medical devices for the treatment of abdominal aortic aneurysms in the United States and internationally. The company offers minimally-invasive endovascular repair (EVAR) products, including EVAR stent graft and catheter delivery system under the Powerlink, IntuiTrak, AFX, and VELA Proximal Endograft brand names. It also provides endovascular sealing (EVAS) product that is based on the Nellix EVAS system to seal the aneurysm, and provides blood flow to the legs through two blood lumens. In addition, the company offers proximal aortic extensions and limb extensions, which attach to the main body of its EVAR device, allowing physicians to customize it to fit the patient’s anatomy; and accessories to facilitate the optimal delivery of its EVAR products, including compatible guidewires, snares, and catheter introducer sheaths. It sells its products through direct sales force, network of agents, and independent distributors or agents. The company was formerly known as Radiance Medical Systems, Inc. and changed its name to Endologix, Inc. in May 2002. Endologix, Inc. was founded in 1992 and is headquartered in Irvine, California.

Best Buy Co., Inc. (BBY) saw its value decrease by -0.93% as the stock dropped $-0.4 to finish the day at a closing price of $42.67. The stock was lighter in trading and has fluctuated between $25.31-$49.4 per share for the past year. The shares, which traded within a range of $42.34 to $43.65 during the day, are up by 12.43% in the past three months and up by 37.9% over the past six months. It is currently trading -8.6% below its 20 day moving average and -1.22% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $46.2 a share over the next twelve months. The current relative strength index (RSI) reading is 36.91. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, bestbuy.com.mx, and Geek Squad brand names, as well as through call centers. As of January 30, 2016, it had approximately 1,200 large-format and 400 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

 

Stocks in Focus: Memorial Production Partners LP (MEMP), Oasis Petroleum Inc. (OAS), Kindred Healthcare, Inc. (KND)

Memorial Production Partners LP (MEMP) had a active trading with around 5.19M shares changing hands compared to its three month average trading volume of 2.08M. The stock traded between $0.133 and $0.15 before closing at the price of $0.14 with -12.33% change on the day. The Houston Texas 77002 based company is currently trading -7.07% below its 52 week low of $0.13 and -95.51% below its 52 week high of $3.21. Both the RSI indicator and target price of 28.79 and $0 respectively, lead us to believe that it could rise over the coming weeks.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Oasis Petroleum Inc. (OAS) continued its downward trend with the stock declining -2.83% or $-0.44 to close the day at $15.09 on active trading volume of 5.18M shares, compared to its three month average trading volume of 13.7M. The Houston Texas 77002 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 121.59%, compared to the industry which has advanced 34.3% over the same period. With RSI of 53.68, the stock should still continue to rise and get closer to its one year target estimate of $15.97, making it a hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

Kindred Healthcare, Inc. (KND) shares were up in last trading by 1.9% to $8.05. It experienced higher than average volume on day. The stock decreased in value by almost 0% over the past week and grew 14.18% in the past month. It is currently trading 3.82% above its 50 day moving average and -22.93% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -46.53% decrease in value from its one year high of $15.66. The RSI indicator value of 52.9, lead us to believe that it is a hold for now.

Kindred Healthcare, Inc. provides healthcare services in the United States. It operates in four divisions: Hospital, Nursing Center, Rehabilitation, and Care Management. The Hospital division operates transitional care hospitals that provide services for medically complex patients, including the critically ill, suffering from multiple organ system failures, primarily the cardiovascular, pulmonary, kidney, gastro-intestinal, and cutaneous systems. This division also operates inpatient rehabilitation hospitals, which offer services to patients who require intensive inpatient rehabilitative care. The Nursing Center division operates nursing centers and assisted living facilities that provide short stay patients and long stay residents with a range of medical, nursing, rehabilitative, pharmacy, and routine services, including daily dietary, social, and recreational services. The Rehabilitation division provides rehabilitation services, including physical and occupational therapies, and speech pathology services to residents and patients of nursing centers, acute and long-term acute care hospitals, outpatient clinics, home health agencies, assisted living facilities, school districts, and hospice providers under the RehabCare name. The Care Management division provides home health, hospice, and private duty services to patients in various settings, including homes, skilled nursing facilities, and other residential settings under the Kindred at Home name. As of September 30, 2015, Kindred Healthcare, Inc. provided healthcare services in 2,723 locations, including 95 transitional care hospitals, 18 inpatient rehabilitation hospitals, 90 nursing centers, 20 sub-acute units, and 101 inpatient rehabilitation units; and 626 Kindred at Home hospice, home health, and non-medical home care locations, as well as a contract rehabilitation services business, which served, 1,773 non-affiliated facilities. The company is headquartered in Louisville, Kentucky.

 

Stocks Trend Analysis: Cabot Oil & Gas Corporation (COG), Memorial Production Partners LP (MEMP), Yelp Inc. (YELP)

Cabot Oil & Gas Corporation (COG) failed to extend gains with the stock declining -0.99% or $-0.23 to close the day at $22.92 on light trading volume of 4.21M shares, compared to its three month average trading volume of 7.21M. The Houston Texas 77024 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 29.96%, compared to the industry which has advanced 31.87% over the same period. With RSI of 53.98, the stock should still continue to rise and get closer to its one year target estimate of $27.96, making it a hold for now.

Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale in northeast Pennsylvania with approximately 200,000 net acres in the dry gas window of the play; and the Eagle Ford Shale in south Texas with approximately 85,500 net acres in the oil window of the play. It also transports, stores, gathers, and purchases natural gas for resale. The company sells its natural gas to industrial customers, local distribution companies, and gas marketers through gathering systems and pipelines, as well as to intrastate pipelines, natural gas processors, and marketing companies. As of December 31, 2015, it had proved reserves of approximately 8,190 billion cubic feet of natural gas equivalent. The company was founded in 1989 and is headquartered in Houston, Texas.

Memorial Production Partners LP (MEMP) retreated with the stock falling -14.24% or $-0.03 to close at $0.16 on active trading volume of 4.21M compared its three months average trading volume of 2.03M. The Houston Texas 77002 based company operating under the Independent Oil & Gas industry has been trending down for the last 52 weeks, with the shares price now -92.95% down for the period and down by -93.53% so far this year. With price target of $0 and a 6% rebound from 52-week low, Memorial Production Partners LP has plenty of upside potential, making it a hold with a view buy.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Yelp Inc. (YELP) failed to extend gains with the stock declining -2.93% or $-1.17 to close the day at $38.78 on higher than average trading volume of 4.2M shares, compared to its three month average trading volume of 2.23M. The San Francisco California 94105 based company has been underperforming the internet information providers companies by -6.9831% for last three months and its recent losses have trimmed gains to 34.65% YTD, versus the internet information providers industry which is up 3.3% for the same period. The RSI of 61.16 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Yelp Inc. operates a platform that connects people with local businesses primarily in the United States. Its platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides free and paid business listing services to businesses of various sizes, as well as enables businesses to deliver targeted search advertising to large local audiences through its Website and mobile app. It also provides other services, including Yelp platform, which allows consumers to transact directly on Yelp; Yelp deals that allow local business owners to create promotional discounted deals for their products and services; and gift certificates products for local business owners to sell full-price gift certificates directly to customers. The company’s Yelp platform enables consumers to complete food delivery transactions, book spa and salon appointments, order flowers, make winery reservations, and others. It also serves customers in Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, the Czech Republic, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Mexico, the Netherlands, New Zealand, Norway, the Philippines Poland, Portugal, Singapore, Spain, Sweden, Switzerland, Turkey, and the United Kingdom. The company was founded in 2004 and is headquartered in San Francisco, California.