Trader’s Buzzers: The Home Depot, Inc. (HD), Dynegy Inc. (DYN), MGM Resorts International (MGM)

The Home Depot, Inc. (HD) traded within a range of $134.92 to $136.29 after opening the day at $135.9. The company has seen its stock increase in value by 1.55% so far this year. The stock was up close to 0.17% on light volume in last trading session and closed at $136.16 per share. After the recent gain, the stock is currently holding -1.02% below its 52 week high of $139 and 26.85% above its 12-month low of $109.62. The shares are up by over 9.38% in the last three months, and the RSI indicator value of 62.21 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

Dynegy Inc. (DYN) failed to extend gains with the stock declining -5.28% or $-0.55 to close the day at $9.87 on light trading volume of 3.87M shares, compared to its three month average trading volume of 4.09M. The Houston Texas 77002 based company has been underperforming the electric utilities group over the past 52 weeks, with the stock losing -9.95%, compared to the industry which has advanced 13.13% over the same period. With RSI of 59.84, the stock should still continue to rise and get closer to its one year target estimate of $13.38, making it a hold for now.

Dynegy Inc., through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 35 power plants in 8 states totaling approximately 26,000 megawatts of generating capacity. The company serves a range of customers, including regional transmission organizations, independent system operators, integrated utilities, municipalities, electric cooperatives, transmission and distribution utilities, and power marketers; financial participants, such as banks and hedge funds; and residential, commercial, and industrial end-users. Dynegy Inc. was founded in 1984 and is headquartered in Houston, Texas.

MGM Resorts International (MGM) dropped $-0.05 to close the day at a new closing price of $28.61, a -0.17% decrease in value from its previous closing price that moved the stock 76.82% above its 52 week low of $16.18. A total of 3.84M shares exchanged hands during the day compared with its three month average trading volume of 7.45M. The stock, which fluctuated between $28.33 and $28.69 during the day, currently situated -6.56% below its 52 week high. The stock is down by -1.24% in the past one month and up by 10.12% over the past three months. With a one year target estimate of $34.42 and RSI of 46.42, the stock still has upside potential, making it a hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

 

Stocks Highlights: Medtronic plc (MDT), Transgenomic, Inc. (TBIO), MGM Resorts International (MGM)

Medtronic plc (MDT) had a active trading with around 7.08M shares changing hands compared to its three month average trading volume of 6.72M. The stock traded between $74.37 and $75.95 before closing at the price of $75.82 with 0.97% change on the day. The Dublin Dublin 2 based company is currently trading 9.33% above its 52 week low of $69.35 and -14.56% below its 52 week high of $89.27. Both the RSI indicator and target price of 61.13 and $84.55 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Transgenomic, Inc. (TBIO) continued its downward trend with the stock declining -12.24% or $-0.12 to close the day at $0.86 on active trading volume of 7.07M shares, compared to its three month average trading volume of 2.66M. The Omaha Nebraska 68164 based company has been outperforming the scientific & technical instruments group over the past 52 weeks, with the stock gaining 2.38%, compared to the industry which has advanced 40.15% over the same period. With RSI of 70.41, the stock should still continue to rise and get closer to its one year target estimate of $7, making it a hold for now.

Transgenomic, Inc., a biotechnology company, engages in advancing personalized medicine in the detection and treatment of cancer and inherited diseases through its proprietary molecular technologies, and clinical and research services primarily in the United States. The company provides genetic analytical laboratory services related to oncology and pharmacogenomics research services supporting Phase II and Phase III clinical trials conducted by pharmaceutical and biotechnology companies. It employs various genomic testing service technologies, including ICE COLD-PCR, a proprietary platform technology that enables detection of multiple known and unknown mutations from virtually any sample type, including tissue biopsies, blood, urine, saliva, cell-free DNA, and circulating tumor cells. The company was founded in 1997 and is headquartered in Omaha, Nebraska.

MGM Resorts International (MGM) shares were up in last trading by 0.14% to $28.66. It experienced lighter than average volume on day. The stock decreased in value by almost -1.71% over the past week and fell -3.57% in the past month. It is currently trading 0.13% above its 50 day moving average and 14.26% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -6.4% decrease in value from its one year high of $30.62. The RSI indicator value of 46.57, lead us to believe that it is a hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

 

Stocks on the Move: MGM Resorts International (MGM), Brocade Communications Systems, Inc. (BRCD), General Motors Company (GM)

MGM Resorts International (MGM) continued its downward trend with the stock declining -0.03% or $-0.01 to close the day at $28.62 on active trading volume of 8.79M shares, compared to its three month average trading volume of 7.28M. The Las Vegas Nevada 89109 based company has been outperforming the resorts & casinos group over the past 52 weeks, with the stock gaining 41.19%, compared to the industry which has advanced 25.25% over the same period. With RSI of 46.65, the stock should still continue to rise and get closer to its one year target estimate of $34.42, making it a hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

Brocade Communications Systems, Inc. (BRCD) fell -0.08% during last trading as the stock lost $-0.01 to finish the day at $12.49 with about 8.75M shares changing hands, compared to its three month average trading volume of 8.81M. The $5.08B market cap company, which fluctuated between $12.48 and $12.53 during the day, currently situated 72.37% above its 52 week low of $7.4 and -0.4% away from its one year high of $12.54. The RSI of 57.41 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol (IP) networking solutions for businesses and organizations worldwide. It operates through three segments: SAN Products, IP Networking Products, and Global Services. The SAN Products segment offers infrastructure products and solutions, such as fiber channel SAN backbones, directors, and fabric/embedded switches that assist customers in the development and deployment of storage and server consolidation, disaster recovery, and data security, as well as to meet compliance requirements regarding data management; and FC fabric extension, analytics, switching, and routing solutions. The IP Networking Products segment provides Layer 2 and Layer 3 Ethernet switches and routers to connect users over private and public networks, including local area, metro, and within and across data centers. This segment also provides converged network products; a portfolio of related software and hardware-based data networking offerings; Layer 4-7 products that are designed for application traffic management and server load balancing; and a range of wireless products for the network edge. The Global Services segment offers break/fix maintenance, installation, consulting, network management and software maintenance, and customer support services. The company serves various enterprises and service providers, such as telecommunication firms, cable operators, and mobile carriers. The company markets and sells its products and services to end-user customers directly, as well as through various distribution partners, including original equipment manufacturers, distributors, systems integrators, and value-added resellers. Brocade Communications Systems, Inc. was founded in 1995 and is headquartered in San Jose, California.

General Motors Company (GM) saw its value decrease by -0.45% as the stock dropped $-0.17 to finish the day at a closing price of $37.34. The stock was lighter in trading and has fluctuated between $26.69-$38.16 per share for the past year. The shares, which traded within a range of $37.15 to $37.77 during the day, are up by 19.79% in the past three months and up by 24.14% over the past six months. It is currently trading 3.22% above its 20 day moving average and 7.73% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $37.62 a share over the next twelve months. The current relative strength index (RSI) reading is 60.53. The technical indicator lead us to believe there will be no major movement any time soon, hold.

General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.

 

Equities Trend Analysis: EnteroMedics Inc. (ETRM), Macy’s, Inc. (M), MGM Resorts International (MGM)

EnteroMedics Inc. (ETRM) retreated with the stock falling -8.5% or $-1.3 to close at $14 on active trading volume of 6.43M compared its three months average trading volume of 11.78M. The St. Paul Minnesota 55113 based company operating under the Medical Appliances & Equipment industry has been trending up for the last 52 weeks, with the shares price now 1011.11% up for the period and up by 600% so far this year. With price target of $140 and a 34900% rebound from 52-week low, EnteroMedics Inc. has plenty of upside potential, making it a hold with a view buy.

EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. The company develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness. It has collaboration with Mayo Clinic for the development and testing of products for the treatment of obesity. The company was formerly known as Beta Medical, Inc. and changed its name to EnteroMedics Inc. in 2003. EnteroMedics Inc. was founded in 2002 and is headquartered in St. Paul, Minnesota.

Macy’s, Inc. (M) had a light trading with around 6.35M shares changing hands compared to its three month average trading volume of 6.63M. The stock traded between $29.7 and $30.19 before closing at the price of $29.98 with 0.1% change on the day. The Cincinnati Ohio 45202 based company is currently trading 3.34% above its 52 week low of $29.7 and -33.36% below its 52 week high of $45.5. Both the RSI indicator and target price of  and $37.6 respectively, lead us to believe that it could rise over the coming weeks.

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

MGM Resorts International (MGM) saw its value decrease by -1.38% as the stock dropped $-0.4 to finish the day at a closing price of $28.63. The stock was lighter in trading and has fluctuated between $16.18-$30.62 per share for the past year. The shares, which traded within a range of $28.35 to $29.16 during the day, are up by 8.74% in the past three months and up by 22.93% over the past six months. It is currently trading -1.82% below its 20 day moving average and 0.35% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $33.92 a share over the next twelve months. The current relative strength index (RSI) reading is 46.36.The technical indicator lead us to believe there will be no major movement any time soon, hold.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

 

Stocks To Watch: Marathon Oil Corporation (MRO), Halliburton Company (HAL), MGM Resorts International (MGM)

Marathon Oil Corporation (MRO) traded within a range of $17.47 to $17.76 after opening the day at $17.56. The company has seen its stock increase in value by 2.2% so far this year. The stock was up close to 1.2% on light volume in last trading session and closed at $17.69 per share. After the recent gain, the stock is currently holding -8.25% below its 52 week high of $19.28 and 176.23% above its 12-month low of $6.52. The shares are up by over 17.7% in the last three months, and the RSI indicator value of 51.54 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Marathon Oil Corporation operates as an energy company. It operates through three segments: North America E&P, International E&P, and Oil Sands Mining. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America. The International Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea. The Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta and Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. As of December 31, 2015, it had rights to participate in developed and undeveloped leases totaling approximately 32,000 net acres. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

Halliburton Company (HAL) managed to rebound with the stock climbing 1.37% or $0.75 to close the day at $55.39 on active trading volume of 9.62M shares, compared to its three month average trading volume of 8.34M. The Houston Texas 77032 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 79.07%, compared to the industry which has advanced 41.28% over the same period. With RSI of 57.62, the stock should still continue to rise and get closer to its one year target estimate of $59.44, making it a hold for now.

Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company’s Completion and Production segment offers production enhancement services, including stimulation and sand control services; and cementing services, such as bonding the well, well casing, and casing equipment. It also provides completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems, and service tools; pressure control services comprising coiled tubing, hydraulic workover units, and downhole tools; and pipeline and process services, such as pre-commissioning and maintenance, subsea pipeline, conventional pipeline, and process services. In addition, this segment offers oilfield production and completion chemicals and services; electrical submersible pumps and progressive cavity pumps; and installation, maintenance, repair, and testing services. The company’s Drilling and Evaluation segment provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; and drilling systems and services. It also offers wireline and perforating services that include open-hole logging, cased-hole and slickline, borehole seismic, and formation and reservoir solutions; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. In addition, this segment offers integrated exploration, drilling, and production software, as well as related professional and data management services; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and oilfield project management and integrated solutions. Halliburton Company was founded in 1919 and is based in Houston, Texas.

MGM Resorts International (MGM) dropped $-0.59 to close the day at a new closing price of $29.03, a -1.99% decrease in value from its previous closing price that moved the stock 79.42% above its 52 week low of $16.18. A total of 9.6M shares exchanged hands during the day compared with its three month average trading volume of 7.11M. The stock, which fluctuated between $28.69 and $29.57 during the day, currently situated -5.19% below its 52 week high. The stock is down by -0.82% in the past one month and up by 9.34% over the past three months. With a one year target estimate of $33.92 and RSI of 50.13, the stock still has upside potential, making it a hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

 

Stock’s Trend Analysis Report: MGM Resorts International (MGM), Verizon Communications Inc. (VZ), Ascena Retail Group, Inc. (ASNA)

MGM Resorts International (MGM) climbed 1.58% during last trading as the stock added $0.46 to finish the day at $29.62 with about 11.88M shares changing hands, compared to its three month average trading volume of 7.02M. The $16.9B market cap company, which fluctuated between $28.72 and $29.92 during the day, currently situated 83.07% above its 52 week low of $16.18 and -3.27% away from its one year high of $30.62. The RSI of 56.81 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

Verizon Communications Inc. (VZ) gained $0.08 to close the day at a new closing price of $52.76, a 0.15% increase in value from its previous closing price that moved the stock 25.72% above its 52 week low of $43.79. A total of 11.78M shares exchanged hands during the day compared with its three month average trading volume of 14.42M. The stock, which fluctuated between $52.02 and $53.16 during the day, currently situated -4.34% below its 52 week high. The stock is up by 4.29% in the past one month and up by 6.24% over the past three months. With a one year target estimate of $52.77 and RSI of 57.97, the stock still has upside potential, making it a hold for now.

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

Ascena Retail Group, Inc. (ASNA) had a light trading with around 11.37M shares changing hands compared to its three month average trading volume of 4.6M. The stock traded between $5.07 and $5.83 before closing at the price of $5.41 with -9.98% change on the day. The Mahwah New Jersey 07430 based company is currently trading 15.6% above its 52 week low of $4.68 and -51.95% below its 52 week high of $11.26. Both the RSI indicator and target price of 31.73 and $7.7 respectively, lead us to believe that it should be put on hold over the coming weeks.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

 

Stocks Trend Analysis: New York REIT, Inc. (NYRT), The Kroger Co. (KR), MGM Resorts International (MGM)

New York REIT, Inc. (NYRT) continued its upward trend with the stock climbing 0.2% or $0.02 to close the day at $9.79 on active trading volume of 6.15M shares, compared to its three month average trading volume of 2.43M. The New York New York 10022 based company has been underperforming the reit – office group over the past 52 weeks, with the stock losing -8.87%, compared to the industry which has advanced 27.35% over the same period. With RSI of 49.1, the stock should still continue to rise and get closer to its one year target estimate of $11.13, making it a hold for now.

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

The Kroger Co. (KR) retreated with the stock falling -0.57% or $-0.19 to close at $32.92 on light trading volume of 5.92M compared its three months average trading volume of 9.22M. The Cincinnati Ohio 45202 based company operating under the Grocery Stores industry has been trending down for the last 52 weeks, with the shares price now -18.24% down for the period and down by -4.61% so far this year. With price target of $35.82 and a 15.09% rebound from 52-week low, The Kroger Co. has plenty of upside potential, making it a hold with a view buy.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

MGM Resorts International (MGM) failed to extend gains with the stock declining -1.22% or $-0.36 to close the day at $29.16 on lower than average trading volume of 5.89M shares, compared to its three month average trading volume of 6.98M. The Las Vegas Nevada 89109 based company has been outperforming the resorts & casinos companies by 10.3113% for last three months and its recent gains have pushed the stock slightly up 1.14% YTD, versus the resorts & casinos industry which is up 2.85% for the same period. The RSI of 52.02 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

 

Stocks on Trader’s Radar: Applied Materials, Inc. (AMAT), MGM Resorts International (MGM), Opko Health, Inc. (OPK)

Applied Materials, Inc. (AMAT) continued its downward trend with the stock declining -0.19% or $-0.06 to close the day at $32.04 on active trading volume of 7.06M shares, compared to its three month average trading volume of 11.12M. The Santa Clara California 95054 based company has been outperforming the semiconductor equipment & materials group over the past 52 weeks, with the stock gaining 89.25%, compared to the industry which has advanced 38.98% over the same period. With RSI of 50.78, the stock should still continue to rise and get closer to its one year target estimate of $35.28, making it a hold for now.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits. It offers products and technologies for transistor and interconnect fabrication, including epitaxy, ion implantation, oxidation and nitridation, rapid thermal processing, chemical vapor deposition, physical vapor deposition, chemical mechanical planarization, and electrochemical deposition; patterning, selective removal, and packaging products and systems that enable the transfer of patterns onto device structures; and metrology, inspection, and review systems for front- and back-end-of-line applications. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity, including spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays, organic light-emitting diodes, and other display technologies for TVs, personal computers, tablets, smart phones, and other consumer-oriented devices, as well as equipment for flexible substrates. The company serves manufacturers of semiconductor wafers and chips, liquid crystal and other displays, and other electronic devices. Applied Materials, Inc. was founded in 1967 and is headquartered in Santa Clara, California.

MGM Resorts International (MGM) climbed 0.51% during last trading as the stock added $0.15 to finish the day at $29.52 with about 6.99M shares changing hands, compared to its three month average trading volume of 6.96M. The $16.73B market cap company, which fluctuated between $29.35 and $29.7 during the day, currently situated 82.45% above its 52 week low of $16.18 and -3.59% away from its one year high of $30.62. The RSI of 58.19 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

Opko Health, Inc. (OPK) saw its value increase by 3.76% as the stock gained $0.34 to finish the day at a closing price of $9.38. The stock was higher in trading and has fluctuated between $7.12-$12.15 per share for the past year. The shares, which traded within a range of $9.12 to $9.46 during the day, are down by -10.07% in the past three months and down by -4.96% over the past six months. It is currently trading -15.31% below its 20 day moving average and -10.22% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $16.2 a share over the next twelve months. The current relative strength index (RSI) reading is 36.97. The technical indicator lead us to believe there will be no major movement any time soon, hold.

OPKO Health, Inc., a biopharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies in the United States, Ireland, Chile, Spain, Israel, and Mexico. Its diagnostics business operates Bio-Reference Laboratories, a clinical laboratory that offers comprehensive laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases, including esoteric testing, molecular diagnostics, anatomical pathology, genetics, women’s health, and correctional healthcare to physician offices, clinics, hospitals, employers, and governmental units. The Bio-Reference Laboratories also provides core genetic testing and leverages products, such as the 4Kscore prostate cancer test and the Claros 1 in-office immunoassay platform. The company’s pharmaceutical segment features Rayaldee, a treatment for secondary hyperparathyroidism in stage 3-4 chronic kidney disease patients with vitamin D deficiency and VARUBI for chemotherapy-induced nausea and vomiting. Its biologics business engages in developing and commercializing hGH-CTP, a recombinant human growth hormone product under development for the treatment of growth hormone deficiency, and developing Factor VIIa drug for hemophilia using the carboxl terminal peptide technology. The company was incorporated in 1991 and is headquartered in Miami, Florida.

 

Stocks in Focus: NIKE, Inc. (NKE), MGM Resorts International (MGM), Immune Pharmaceuticals, Inc. (IMNP)

NIKE, Inc. (NKE) had a light trading with around 8.67M shares changing hands compared to its three month average trading volume of 9.13M. The stock traded between $52.44 and $53.1 before closing at the price of $53.06 with -0.02% change on the day. The Beaverton Oregon 97005 based company is currently trading 8.65% above its 52 week low of $49.01 and -18.16% below its 52 week high of $65.44. Both the RSI indicator and target price of 62.51 and $62 respectively, lead us to believe that it should be put on hold over the coming weeks.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers products in nine categories, including running, NIKE basketball, the Jordan brand, football, men’s training, women’s training, action sports, sportswear, and golf. The company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment under the NIKE brand name for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites (direct to consumer operations), as well as independent distributors and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

MGM Resorts International (MGM) continued its downward trend with the stock declining -0.31% or $-0.09 to close the day at $29.37 on active trading volume of 8.59M shares, compared to its three month average trading volume of 6.94M. The Las Vegas Nevada 89109 based company has been outperforming the resorts & casinos group over the past 52 weeks, with the stock gaining 31.17%, compared to the industry which has advanced 14.24% over the same period. With RSI of 57.54, the stock should still continue to rise and get closer to its one year target estimate of $33.86, making it a hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

Immune Pharmaceuticals, Inc. (IMNP) shares were up in last trading by 8.87% to $0.2. It experienced higher than average volume on day. The stock increased in value by almost 9.41% over the past week and grew 11.56% in the past month. It is currently trading 4.04% above its 50 day moving average and -38.95% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -76.05% decrease in value from its one year high of $0.78. The RSI indicator value of 54.63, lead us to believe that it is a hold for now.

Immune Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, develops and commercializes novel targeted therapeutics in the immuno-inflammation and immuno-oncology areas. The company’s lead product candidate is Bertilimumab, a human monoclonal antibody, which is in Phase II clinical trial for the treatment of ulcerative colitis, bullous pemphigoid, and Crohn’s disease. It is also developing NanoCyclo, a topical nanocapsule formulation of cyclosporine, for the treatment of psoriasis and atopic dermatitis; Ceplene, a small molecule, which has completed Phase III clinical trials targeting the Histamine-2 Receptor to overcome immunosuppression in Acute Myeloid Leukemia and other malignancies; Azixa, a Phase II clinical trial novel microtubular destabilizer that functions as a vascular disruption agent; and Crolibulin, a novel small molecule vascular disruption agent and apoptosis inducer, which is in Phase II clinical trials for the treatment of patients with solid tumors. The company’s products also include NanomAbs technology platform, an antibody-drug conjugate platform for the treatment of cancer; novel technology platform for the construction of bispecific antibodies for immunotherapies; and AmiKet, a prescription topical analgesic cream, which is in Phase III clinical trial to treat peripheral neuropathies. It has license, and other collaborative research and development arrangements with BioNanoSim Ltd.; Yissum Research Development Company of The Hebrew University of Jerusalem Ltd.; Atlante Biotech SAS; Shire Biochem, Inc.; Lonza Sales AG; MabLife SAS; iCo Therapeutics Inc.; Dalhousie University; and Endo Pharmaceuticals Inc. Immune Pharmaceuticals, Inc. was founded in 2010 and is headquartered in New York, New York.

 

Momentum Stocks: BioScrip, Inc. (BIOS), MGM Resorts International (MGM), Kohl’s Corporation (KSS)

BioScrip, Inc. (BIOS) grew with the stock adding 12.23% or $0.17 to close at $1.56 on active trading volume of 6.34M compared its three months average trading volume of 1.56M. The Denver Colorado 80202 based company operating under the Home Health Care industry has been trending down for the last 52 weeks, with the shares price now -8.24% down for the period and up by 50% so far this year. With price target of $2.1 and a 59.18% rebound from 52-week low, BioScrip, Inc. has plenty of upside potential, making it a hold with a view buy.

BioScrip, Inc. provides home infusion services in the United States. The company engages in the preparation, delivery, administration, and clinical monitoring of pharmaceutical treatments that are administered to a patient through intravenous, subcutaneous, intramuscular, intra-spinal, and enteral methods. It is primarily involved in the intravenous administration of medications to treat a range of acute and chronic conditions, such as infections, nutritional deficiencies, immunologic and neurologic disorders, cancer, pain, and palliative care. BioScrip, Inc. offers its services at patient’s homes, outpatient clinics, nursing facilities, physician’s offices, and ambulatory infusion centers. The company markets and sells its products and services through sales and marketing representatives, payor relationships, and other government programs. BioScrip, Inc. was founded in 1993 and is based in Denver, Colorado.

MGM Resorts International (MGM) had a light trading with around 6.33M shares changing hands compared to its three month average trading volume of 6.9M. The stock traded between $29.18 and $29.65 before closing at the price of $29.46 with -0.07% change on the day. The Las Vegas Nevada 89109 based company is currently trading 82.08% above its 52 week low of $16.18 and -3.79% below its 52 week high of $30.62. Both the RSI indicator and target price of  and $33.86 respectively, lead us to believe that it could rise over the coming weeks.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

Kohl’s Corporation (KSS) saw its value increase by 4.22% as the stock gained $2.1 to finish the day at a closing price of $51.88. The stock was higher in trading and has fluctuated between $33.87-$59.67 per share for the past year. The shares, which traded within a range of $50.09 to $51.98 during the day, are up by 21.02% in the past three months and up by 40.25% over the past six months. It is currently trading -2.51% below its 20 day moving average and 2.47% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $51.95 a share over the next twelve months. The current relative strength index (RSI) reading is 53.28.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.