3 Trending Stocks: Micron Technology, Inc. (MU), Ford Motor Company (F), Apple Inc. (AAPL)

Micron Technology, Inc. (MU) continued its downward trend with the stock declining -0.17% or $-0.04 to close the day at $22.98 on light trading volume of 23.68M shares, compared to its three month average trading volume of 26.6M. The Boise Idaho 83716 based company has been outperforming the semiconductor- memory chips group over the past 52 weeks, with the stock gaining 100%, compared to the industry which has advanced 89.88% over the same period. With RSI of 47.57, the stock should still continue to rise and get closer to its one year target estimate of $28.19, making it a hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Ford Motor Company (F) fell -0.71% during last trading as the stock lost $-0.09 to finish the day at $12.54 with about 22.86M shares changing hands, compared to its three month average trading volume of 35.45M. The $49.31B market cap company, which fluctuated between $12.48 and $12.64 during the day, currently situated 15.1% above its 52 week low of $11.07 and -8.28% away from its one year high of $14.22. The RSI of 52.42 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ford Motor Company, together with its subsidiaries, designs, manufactures, markets, and services automobiles in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company’s Automotive segment develops, manufactures, distributes, and services cars, trucks, SUVs, and electrified vehicles under the Ford name; and luxury vehicles under the Lincoln name, as well as service parts and accessories. This segment markets its products through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments. Its Financial Services segment offers various automotive financing products to and through automotive dealers. Its financing products comprise retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, such as leasing companies, government entities, daily rental car companies, and fleet customers. This segment also offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and improvement of dealership facilities, purchase dealership real estate, and other dealer vehicle programs. The company was founded in 1903 and is based in Dearborn, Michigan.

Apple Inc. (AAPL) saw its value decrease by -0.12% as the stock dropped $-0.16 to finish the day at a closing price of $135.35. The stock was lighter in trading and has fluctuated between $89.47-$136.27 per share for the past year. The shares, which traded within a range of $134.84 to $135.9 during the day, are up by 26.91% in the past three months and up by 25.1% over the past six months. It is currently trading 7.03% above its 20 day moving average and 12.82% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $139.19 a share over the next twelve months. The current relative strength index (RSI) reading is 89.4. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

 

Eye Catching Stocks: Noble Energy, Inc. (NBL), Micron Technology, Inc. (MU), Occidental Petroleum Corporation (OXY)

Noble Energy, Inc. (NBL) continued its downward trend with the stock declining -2.11% or $-0.81 to close the day at $37.65 on active trading volume of 6.91M shares, compared to its three month average trading volume of 4.32M. The Houston Texas 77070 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 32.91%, compared to the industry which has advanced 52.17% over the same period. With RSI of 37.05, the stock should still continue to rise and get closer to its one year target estimate of $46.88, making it a hold for now.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in DJ Basin, Marcellus Shale, Eagle Ford Shale, and Permian Basin, the United States; deepwater Gulf of Mexico; offshore Eastern Mediterranean; and offshore West Africa. As of December 31, 2015, the company had approximately 1,421 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas.

Micron Technology, Inc. (MU) fell -3.26% during last trading as the stock lost $-0.78 to finish the day at $23.12 with about 60.64M shares changing hands, compared to its three month average trading volume of 26.06M. The $25.92B market cap company, which fluctuated between $22.68 and $23.37 during the day, currently situated 147.27% above its 52 week low of $9.35 and -8.65% away from its one year high of $25.31. The RSI of 48.94 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Occidental Petroleum Corporation (OXY) saw its value decrease by -0.34% as the stock dropped $-0.23 to finish the day at a closing price of $67.16. The stock was higher in trading and has fluctuated between $64.37-$78.48 per share for the past year. The shares, which traded within a range of $65.71 to $67.75 during the day, are up by 4.53% in the past three months and down by -8.65% over the past six months. It is currently trading -1.57% below its 20 day moving average and -3.9% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $76.3 a share over the next twelve months. The current relative strength index (RSI) reading is 41.31. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer and polyvinyl chloride; and other chemicals, such as resorcinol. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity, as well as oil, NGLs, gas, and other commodities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

 

3 Trending Stocks: The Coca-Cola Company (KO), Micron Technology, Inc. (MU), General Electric Company (GE)

The Coca-Cola Company (KO) continued its downward trend with the stock declining -1.62% or $-0.67 to close the day at $40.58 on active trading volume of 28.84M shares, compared to its three month average trading volume of 13.57M. The Atlanta Georgia 30313 based company has been underperforming the beverages – soft drinks group over the past 52 weeks, with the stock losing -1.21%, compared to the industry which has advanced 6.62% over the same period. With RSI of 36.44, the stock should still continue to rise and get closer to its one year target estimate of $45.09, making it a hold for now.

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The company’s still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. The Coca-Cola Company sells its products primarily under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Minute Maid, Georgia, Powerade, Del Valle, Schweppes, Aquarius, Minute Maid Pulpy, Dasani, Simply, Glacéau Vitaminwater, Bonaqua/Bonaqa, Gold Peak, FUZE TEA, Glacéau Smartwater, and Ice Dew brand names. The company offers its beverage products through a network of company-owned or controlled bottling and distribution operators, as well as through independent bottling partners, distributors, wholesalers, and retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.

Micron Technology, Inc. (MU) fell -1.64% during last trading as the stock lost $-0.4 to finish the day at $24.05 with about 28.56M shares changing hands, compared to its three month average trading volume of 26.48M. The $26.96B market cap company, which fluctuated between $23.9 and $24.76 during the day, currently situated 157.22% above its 52 week low of $9.35 and -4.98% away from its one year high of $25.31. The RSI of 59.58 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

General Electric Company (GE) saw its value increase by 0.44% as the stock gained $0.13 to finish the day at a closing price of $29.72. The stock was lighter in trading and has fluctuated between $28.19-$33 per share for the past year. The shares, which traded within a range of $29.55 to $29.75 during the day, are up by 1.06% in the past three months and down by -3.56% over the past six months. It is currently trading -1.66% below its 20 day moving average and -4% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34.13 a share over the next twelve months. The current relative strength index (RSI) reading is 35.05. The technical indicator lead us to believe there will be no major movement any time soon, hold.

General Electric Company 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.

 

3 Trending Stocks: Micron Technology, Inc. (MU), Sprint Corporation (S), Intel Corporation (INTC)

Micron Technology, Inc. (MU) failed to extend gains with the stock declining -1.59% or $-0.39 to close the day at $24.21 on light trading volume of 21.54M shares, compared to its three month average trading volume of 26.36M. The Boise Idaho 83716 based company has been outperforming the semiconductor- memory chips group over the past 52 weeks, with the stock gaining 142.59%, compared to the industry which has advanced 127.47% over the same period. With RSI of 61.91, the stock should still continue to rise and get closer to its one year target estimate of $27.1, making it a hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Sprint Corporation (S) climbed 3.84% during last trading as the stock added $0.32 to finish the day at $8.66 with about 20.82M shares changing hands, compared to its three month average trading volume of 19.9M. The $34.89B market cap company, which fluctuated between $8.34 and $8.7 during the day, currently situated 253.47% above its 52 week low of $2.53 and -10.26% away from its one year high of $9.65. The RSI of 46.73 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates in two segments, Wireless and Wireline. The Wireless segment offers wireless data communication services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; and mobile entertainment applications. It also provides wireless voice communications services that include local and long-distance wireless voice services, as well as voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. In addition, this segment offers voice and data services internationally through roaming arrangements; and customized wireless services to large companies and government agencies, as well as sells wireless devices, broadband devices, connected devices, and accessories to agents and other third-party distributors. The Wireline segment provides wireline voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol (IP), managed network services, Voice over IP, session initiated protocol, and traditional voice services to other communications companies, and targeted business and consumer subscribers, as well as for cable multiple system operators. Sprint Corporation offers its services under the Sprint, Boost Mobile, Virgin Mobile, and Assurance Wireless brands. The company was founded in 1899 and is headquartered in Overland Park, Kansas. Sprint Corporation is a subsidiary of SoftBank Group Corp.

Intel Corporation (INTC) saw its value increase by 0.08% as the stock gained $0.03 to finish the day at a closing price of $36.38. The stock was higher in trading and has fluctuated between $27.68-$38.45 per share for the past year. The shares, which traded within a range of $36.14 to $36.65 during the day, are up by 5.62% in the past three months and up by 5.72% over the past six months. It is currently trading -0.86% below its 20 day moving average and 0.63% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $41.15 a share over the next twelve months. The current relative strength index (RSI) reading is 48.65. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services, and All Other segments. The company’s platforms are used in various computing applications comprising notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, retail devices, and manufacturing devices, as well as for retail, transportation, industrial, buildings, home use, and other market segments. It offers microprocessors that processes system data and controls other devices in the system; chipsets, which send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives; and system-on-chip products that integrate its central processing units with other system components onto a single chip. The company also provides communication and connectivity offerings, such as baseband processors, radio frequency transceivers, and power management integrated circuits; and tablet, phone, and Internet of Things solutions, which include multimode 4G LTE modems, Bluetooth technology and GPS receivers, software solutions, and interoperability tests, as well as home gateway and set-top box components. In addition, it offers security solutions for computers, mobile devices, and networks, as well as software and services for technology integration; NAND flash memory products, which are used in solid-state drives; and custom foundry services, including custom silicon, packaging, and manufacturing test services. The company sells its products primarily to original equipment manufacturers, original design manufacturers, and industrial and communications equipment manufacturers in the computing and communications industries. Intel Corporation was founded in 1968 and is based in Santa Clara, California.

 

3 Stocks to Watch For: Microsoft Corporation (MSFT), Micron Technology, Inc. (MU), Facebook, Inc. (FB)

Microsoft Corporation (MSFT) saw its value decrease by -0.06% as the stock dropped $-0.04 to finish the day at a closing price of $63.64. The stock was lighter in trading and has fluctuated between $48.04-$65.91 per share for the past year. The shares, which traded within a range of $63.14 to $63.65 during the day, are up by 8.21% in the past three months and up by 11.23% over the past six months. It is currently trading 0.45% above its 20 day moving average and 1.9% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $68.53 a share over the next twelve months. The current relative strength index (RSI) reading is 54.95.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, and Skype, as well as related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. Its Intelligent Cloud segment licenses server products and cloud services, such as SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products. The company’s More Personal Computing segment comprises Windows OEM, volume, and other non-volume licensing of the Windows operating system, as well as patent licensing, Windows Embedded, MSN display advertising, and Windows Phone licensing system; devices, including Microsoft Surface, phones, and PC accessories; and search advertising, including Bing and Bing Ads. This segment also provides gaming platforms, including Xbox hardware, Xbox Live, video games, and third-party video games. The company markets and distributes its products through original equipment manufacturers (OEM), distributors, and resellers, as well as through online and Microsoft retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.

Micron Technology, Inc. (MU) shares were down in last trading by -1.06% to $24.34. It experienced lighter than average volume on day. The stock increased in value by almost 0.66% over the past week and grew 10.09% in the past month. It is currently trading 12.54% above its 50 day moving average and 49.08% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -3.83% decrease in value from its one year high of $25.31. The RSI indicator value of 66.98, lead us to believe that it is a hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Facebook, Inc. (FB) traded within a range of $130.3 to $132.06 after opening the day at $130.98. The company has seen its stock increase in value by 14.78% so far this year. The stock was up close to 0.82% on light volume in last trading session and closed at $132.06 per share. After the recent gain, the stock is currently holding -2.53% below its 52 week high of $135.49 and 36.4% above its 12-month low of $96.82. The shares are up by over 10.05% in the last three months, and the RSI indicator value of 65.6 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. The company also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2016, it had approximately 1.23 billion daily active users. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

 

3 Stocks in Focus: Microsoft Corporation (MSFT), Micron Technology, Inc. (MU), Sprint Corporation (S)

Microsoft Corporation (MSFT) fell -0.64% during last trading as the stock lost $-0.41 to finish the day at $63.17 with about 45.67M shares changing hands, compared to its three month average trading volume of 26.07M. The $491.17B market cap company, which fluctuated between $62.75 and $63.41 during the day, currently situated 34.68% above its 52 week low of $48.03 and -4.16% away from its one year high of $65.91. The RSI of 51.83 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, and Skype, as well as related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. Its Intelligent Cloud segment licenses server products and cloud services, such as SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products. The company’s More Personal Computing segment comprises Windows OEM, volume, and other non-volume licensing of the Windows operating system, as well as patent licensing, Windows Embedded, MSN display advertising, and Windows Phone licensing system; devices, including Microsoft Surface, phones, and PC accessories; and search advertising, including Bing and Bing Ads. This segment also provides gaming platforms, including Xbox hardware, Xbox Live, video games, and third-party video games. The company markets and distributes its products through original equipment manufacturers (OEM), distributors, and resellers, as well as through online and Microsoft retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.

Micron Technology, Inc. (MU) gained $0.04 to close the day at a new closing price of $24.79, a 0.16% increase in value from its previous closing price that moved the stock 165.13% above its 52 week low of $9.35. A total of 45.45M shares exchanged hands during the day compared with its three month average trading volume of 26.09M. The stock, which fluctuated between $24.46 and $25.31 during the day, currently situated -0.24% below its 52 week high. The stock is up by 9.93% in the past one month and up by 46% over the past three months. With a one year target estimate of $26.58 and RSI of 73.38, the stock still has upside potential, making it a sell for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Sprint Corporation (S) had a active trading with around 33.96M shares changing hands compared to its three month average trading volume of 19.68M. The stock traded between $8.43 and $8.98 before closing at the price of $8.53 with -5.33% change on the day. The Overland Park Kansas 66251 based company is currently trading 248.16% above its 52 week low of $2.45 and -11.61% below its 52 week high of $9.65. Both the RSI indicator and target price of 43.54 and $7.28 respectively, lead us to believe that it should be put on hold over the coming weeks.

Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates in two segments, Wireless and Wireline. The Wireless segment offers wireless data communication services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; and mobile entertainment applications. It also provides wireless voice communications services that include local and long-distance wireless voice services, as well as voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. In addition, this segment offers voice and data services internationally through roaming arrangements; and customized wireless services to large companies and government agencies, as well as sells wireless devices, broadband devices, connected devices, and accessories to agents and other third-party distributors. The Wireline segment provides wireline voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol (IP), managed network services, Voice over IP, session initiated protocol, and traditional voice services to other communications companies, and targeted business and consumer subscribers, as well as for cable multiple system operators. Sprint Corporation offers its services under the Sprint, Boost Mobile, Virgin Mobile, and Assurance Wireless brands. The company was founded in 1899 and is headquartered in Overland Park, Kansas. Sprint Corporation is a subsidiary of SoftBank Group Corp.

 

Stocks on the Move: Noble Energy, Inc. (NBL), Micron Technology, Inc. (MU), Marathon Oil Corporation (MRO)

Noble Energy, Inc. (NBL) managed to rebound with the stock climbing 0.61% or $0.24 to close the day at $39.76 on light trading volume of 4.18M shares, compared to its three month average trading volume of 4.31M. The Houston Texas 77070 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 27.09%, compared to the industry which has advanced 40.33% over the same period. With RSI of 55.76, the stock should still continue to rise and get closer to its one year target estimate of $46.91, making it a hold for now.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in DJ Basin, Marcellus Shale, Eagle Ford Shale, and Permian Basin, the United States; deepwater Gulf of Mexico; offshore Eastern Mediterranean; and offshore West Africa. As of December 31, 2015, the company had approximately 1,421 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas.

Micron Technology, Inc. (MU) fell -0.29% during last trading as the stock lost $-0.07 to finish the day at $24.11 with about 22.69M shares changing hands, compared to its three month average trading volume of 25.93M. The $26.59B market cap company, which fluctuated between $23.68 and $24.15 during the day, currently situated 157.86% above its 52 week low of $9.35 and -0.54% away from its one year high of $24.24. The RSI of 67.77 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Marathon Oil Corporation (MRO) saw its value increase by 1.33% as the stock gained $0.22 to finish the day at a closing price of $16.75. The stock was lighter in trading and has fluctuated between $6.52-$19.28 per share for the past year. The shares, which traded within a range of $16.28 to $16.75 during the day, are up by 22.5% in the past three months and up by 30.52% over the past six months. It is currently trading -4.52% below its 20 day moving average and -4.49% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $20.36 a share over the next twelve months. The current relative strength index (RSI) reading is 36.98. The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.

 

3 Notable Runners: Micron Technology, Inc. (MU), Verizon Communications Inc. (VZ), Juniper Networks, Inc. (JNPR)

Micron Technology, Inc. (MU) managed to rebound with the stock climbing 1.91% or $0.45 to close the day at $23.97 on lower than average trading volume of 18.57M shares, compared to its three month average trading volume of 25.96M. The Boise Idaho 83716 based company has been outperforming the semiconductor- memory chips companies by 35.5409% for last three months and its recent gains have pushed the stock slightly up 9.35% YTD, versus the semiconductor- memory chips industry which is up 8.81% for the same period. The RSI of 66.79 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Verizon Communications Inc. (VZ) had a active trading with around 18.35M shares changing hands compared to its three month average trading volume of 15.34M. The stock traded between $49.27 and $49.73 before closing at the price of $49.6 with 0.98% change on the day. The New York New York 10036 based company is currently trading 8.96% above its 52 week low of $46.01 and -10.07% below its 52 week high of $56.95. Both the RSI indicator and target price of 33.1 and $52.19 respectively, lead us to believe that it should be put on hold over the coming weeks.

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.

Juniper Networks, Inc. (JNPR) traded within a range of $24.9 to $27.04 after opening the day at $25.1. The company has seen its stock decrease in value by -5.63% so far this year. The stock was down close to -3.79% on active volume in last trading session and closed at $26.67 per share. After the recent fall, the stock is currently holding -8.7% below its 52 week high of $29.21 and 26.95% above its 12-month low of $21.18. The shares are up by over 2.38% in the last three months, and the RSI indicator value of 36.66 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. It offers various routing products, including ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; T series routers; and NorthStar controllers. The company also provides various switching products comprising EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch. In addition, it offers security products, such as SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series and SRX1500, which provides integrated firewall capabilities; vSRX Virtual Firewall that delivers various features of physical firewalls; Spotlight Secure Threat Intelligence Platform, a threat intelligence platform that aggregates threat feeds from various sources; and Sky Advanced Threat Prevention, a cloud-based service for static and dynamic analysis. Further, the company offers Junos OS, a network operating system; Junos Space, a network management platform for creating network management applications that include network director, services activation director, security director, edge services director, service now, and service insight; and Contrail networking and cloud platform solutions. Additionally, it provides technical support and professional services, as well as education and training programs. The company sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturer partners to end-users in the service provider and enterprise markets. Juniper Networks, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

3 Stocks to Watch For: Wells Fargo & Company (WFC), Pfizer Inc. (PFE), Micron Technology, Inc. (MU)

Wells Fargo & Company (WFC) saw its value increase by 3.51% as the stock gained $1.92 to finish the day at a closing price of $56.62. The stock was higher in trading and has fluctuated between $43.55-$58.02 per share for the past year. The shares, which traded within a range of $55.28 to $56.83 during the day, are up by 25.42% in the past three months and up by 19.97% over the past six months. It is currently trading 2.99% above its 20 day moving average and 4.07% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $57.9 a share over the next twelve months. The current relative strength index (RSI) reading is 61.31.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of February 25, 2015, it operated through approximately 8,700 locations and 12,500 ATMs & offices in 36 countries. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Pfizer Inc. (PFE) shares were up in last trading by 0.45% to $31.29. It experienced higher than average volume on day. The stock decreased in value by almost -2.31% over the past week and fell -3.25% in the past month. It is currently trading -2.97% below its 50 day moving average and -5.96% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -14.78% decrease in value from its one year high of $37.39. The RSI indicator value of 34.75, lead us to believe that it is a hold for now.

Pfizer Inc. discovers, develops, manufactures, and sells healthcare products worldwide. It operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments. The GIP segment develops and commercializes medicines for various therapeutic areas, including inflammation/immunology, cardiovascular/metabolic, neuroscience/pain, and rare diseases. The VOC segment develops and commercializes vaccines, as well as products for oncology and consumer healthcare. It provides over-the-counter products comprising dietary supplements under the Centrum, Caltrate, and Emergen-C brands; pain management products under the Advil and ThermaCare brands; gastrointestinal products under the Nexium 24HR/Nexium Control and Preparation H brands; and respiratory and personal care products under the brand names of Robitussin, Advil Cold & Sinus, Advil Sinus Congestion Relief & Pain, Dimetapp, and ChapStick. The GEP segment offers products that have lost marketing exclusivity in various markets; and branded generics, generic sterile injectable products, biosimilars, infusion systems, and other products. The company serves wholesalers, retailers, hospitals, clinics, government agencies, pharmacies, and individual provider offices, as well as centers for disease control and prevention. It has licensing agreements with Cellectis SA and AstraZeneca PLC; collaborative agreements with Eli Lilly & Company, OPKO Health, Inc., BioRap Technologies LTD., Merck KGaA, and Transgene S.A.; and a research and development agreement with the National Cancer Institute. The company has a partnership with The University of Pittsburgh; and a strategic collaboration agreement with IGNITE Immunotherapy Inc. It also has a collaboration with AbCellera Biologics Inc. to discover therapeutic antibodies against undisclosed membrane protein targets. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

Micron Technology, Inc. (MU) traded within a range of $23.19 to $23.98 after opening the day at $23.4. The company has seen its stock increase in value by 7.48% so far this year. The stock was up close to 3.11% on active volume in last trading session and closed at $23.56 per share. After the recent gain, the stock is currently holding -0.34% below its 52 week high of $23.98 and 151.98% above its 12-month low of $9.35. The shares are up by over 38.1% in the last three months, and the RSI indicator value of 64.59 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

 

Three Movers to Watch for: Micron Technology, Inc. (MU), AT&T Inc. (T), United States Steel Corporation (X)

Micron Technology, Inc. (MU) grew with the stock adding 4.39% or $0.96 to close at $22.85 on active trading volume of 29.3M compared its three months average trading volume of 25.63M. The Boise Idaho 83716 based company operating under the Semiconductor- Memory Chips industry has been trending up for the last 52 weeks, with the shares price now 118.03% up for the period and up by 4.24% so far this year. With price target of $26.58 and a 144.39% rebound from 52-week low, Micron Technology, Inc. has plenty of upside potential, making it a hold with a view buy.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

AT&T Inc. (T) dropped $-0.64 to close the day at a new closing price of $41.36, a -1.52% decrease in value from its previous closing price that moved the stock 24.69% above its 52 week low of $34.9. A total of 28.65M shares exchanged hands during the day compared with its three month average trading volume of 24.52M. The stock, which fluctuated between $41.05 and $41.74 during the day, currently situated -2.76% below its 52 week high. The stock is down by -1.23% in the past one month and up by 11.6% over the past three months. With a one year target estimate of $41.5 and RSI of 54.16, the stock still has upside potential, making it a hold for now.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

United States Steel Corporation (X) shares were up in last trading by 1.28% to $33.22. It experienced higher than average volume on day. The stock increased in value by almost 3.04% over the past week and fell -8.91% in the past month. It is currently trading -0.08% below its 50 day moving average and 48.7% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.13% decrease in value from its one year high of $39.14. The RSI indicator value of 47.24, lead us to believe that it is a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.