3 Notable Runners: NetApp, Inc. (NTAP), BB&T Corporation (BBT), Marathon Petroleum Corporation (MPC)

NetApp, Inc. (NTAP) continued its upward trend with the stock climbing 0.36% or $0.14 to close the day at $39.45 on lower than average trading volume of 2.84M shares, compared to its three month average trading volume of 3.16M. The Sunnyvale California 94089 based company has been outperforming the data storage devices companies by 19.2621% for last three months and its recent gains have pushed the stock slightly up 12.45% YTD, versus the data storage devices industry which is up 13.26% for the same period. The RSI of 76.34 indicates the stock is overbought at the current levels, sell for now.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers all-flash arrays that support data management across flash, disk, and cloud resources; hybrid arrays to deploy the speed of flash storage; Data ONTAP storage operating system that delivers integrated data protection, comprehensive data management, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; and SANtricity operating system, which provides performance, reliability, and data protection for application-driven workloads. The company also provides SolidFire element operating system optimized for the storage requirements of a data center; NetApp StorageGRID software that allows organizations to store and manage massive amounts of data on premises and in the cloud; and AltaVault cloud-integrated storage solutions and services, which provide the ability to backup data to any cloud. In addition, it offers integrated data protection solutions; OnCommand management software and management integration tools; FlexArray storage virtualization software; and NetApp private storage for cloud, a family of enterprise storage solutions. Further, the company offers software and hardware maintenance, professional, and customer education and training services, as well as support solutions. It serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. The company has a partnership with DarkMatter to jointly develop and deliver secure data storage and big data analytics solutions. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.

BB&T Corporation (BBT) had a light trading with around 2.81M shares changing hands compared to its three month average trading volume of 5.22M. The stock traded between $46.39 and $46.75 before closing at the price of $46.63 with 0.47% change on the day. The Winston-Salem North Carolina 27101 based company is currently trading 60.47% above its 52 week low of $31.27 and -1.92% below its 52 week high of $47.85. Both the RSI indicator and target price of 55.08 and $48.52 respectively, lead us to believe that it should be put on hold over the coming weeks.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Marathon Petroleum Corporation (MPC) traded within a range of $49.68 to $50.47 after opening the day at $50.37. The company has seen its stock decrease in value by -0.42% so far this year. The stock was up close to 0.42% on light volume in last trading session and closed at $50.14 per share. After the recent gain, the stock is currently holding -8.15% below its 52 week high of $54.59 and 77.77% above its 12-month low of $30.64. The shares are up by over 16.03% in the last three months, and the RSI indicator value of 58.35 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

 

3 Stocks in Focus: Western Digital Corporation (WDC), Marathon Petroleum Corporation (MPC), Valero Energy Corporation (VLO)

Western Digital Corporation (WDC) fell -2.49% during last trading as the stock lost $-1.97 to finish the day at $77.08 with about 4.49M shares changing hands, compared to its three month average trading volume of 4.34M. The $22.03B market cap company, which fluctuated between $76.14 and $77.89 during the day, currently situated 126.34% above its 52 week low of $34.99 and -5.62% away from its one year high of $81.67. The RSI of 57.74 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Western Digital Corporation, together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide. It offers performance hard disk drives (HDDs) that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models, as well as for use in storage of data for years; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are designed to enhance the performance in various enterprise workload environments. The company also provides InfiniFlash System, a system solution that offers petabyte scalable capacity with performance metrics; higher value data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop PCs, notebook PCs, gaming consoles, set top boxes, security surveillance systems, and other computing devices. In addition, it offers embedded NAND-flash storage products, including custom embedded solutions; and iNAND embedded flash products, such as multi-chip package solutions that combine NAND and mobile dynamic random-access memory in an integrated package for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as in automotive and connected home applications, and NAND-flash wafers. Further, it provides HDDs embedded into WD- and HGST-branded external storage products; and NAND-flash products, which include cards, universal serial bus flash drives, and wireless drives. Additionally, the company licenses its technologies. The company sells its products under the HGST, SanDisk, and WD brands to original equipment manufacturers (OEMs), distributors, resellers, cloud infrastructure players, and retailers. It serves storage subsystem suppliers, OEMs, Internet and social media infrastructure players, and PC and Mac OEMs. The company was founded in 1970 and is headquartered in Irvine, California.

Marathon Petroleum Corporation (MPC) gained $1.19 to close the day at a new closing price of $49.12, a 2.48% increase in value from its previous closing price that moved the stock 74.21% above its 52 week low of $29.25. A total of 4.45M shares exchanged hands during the day compared with its three month average trading volume of 6.12M. The stock, which fluctuated between $47.39 and $49.13 during the day, currently situated -10.02% below its 52 week high. The stock is down by -0.69% in the past one month and up by 16.26% over the past three months. With a one year target estimate of $62.38 and RSI of 50.99, the stock still has upside potential, making it a hold for now.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

Valero Energy Corporation (VLO) had a light trading with around 4.43M shares changing hands compared to its three month average trading volume of 5.07M. The stock traded between $65 and $67.14 before closing at the price of $67.08 with 2.51% change on the day. The San Antonio Texas 78249 based company is currently trading 46.05% above its 52 week low of $46.88 and -6.05% below its 52 week high of $71.4. Both the RSI indicator and target price of 51.87 and $73.09 respectively, lead us to believe that it should be put on hold over the coming weeks.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

 

Stocks Roundup: Marathon Petroleum Corporation (MPC), HP Inc. (HPQ), Reynolds American Inc. (RAI)

Marathon Petroleum Corporation (MPC) grew with the stock adding 0.44% or $0.21 to close at $48.37 on active trading volume of 7.96M compared its three months average trading volume of 6.19M. The Findlay Ohio 45840 based company operating under the Oil & Gas Refining & Marketing industry has been trending up for the last 52 weeks, with the shares price now 55.3% up for the period and down by -3.93% so far this year. With price target of $62.38 and a 71.55% rebound from 52-week low, Marathon Petroleum Corporation has plenty of upside potential, making it a hold with a view buy.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

HP Inc. (HPQ) had a active trading with around 7.93M shares changing hands compared to its three month average trading volume of 11.86M. The stock traded between $15.09 and $15.3 before closing at the price of $15.26 with -0.07% change on the day. The Palo Alto California 94304 based company is currently trading 77.85% above its 52 week low of $8.91 and -5.29% below its 52 week high of $16.25. Both the RSI indicator and target price of  and $16.07 respectively, lead us to believe that it could rise over the coming weeks.

HP Inc. provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses, as well as to the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, solutions, and services, as well as scanning devices; and laserjet and enterprise, inkjet and printing, graphics, and 3D printing solutions. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

Reynolds American Inc. (RAI) saw its value decrease by -0.05% as the stock dropped $-0.03 to finish the day at a closing price of $60.36. The stock was higher in trading and has fluctuated between $43.38-$60.49 per share for the past year. The shares, which traded within a range of $60.19 to $60.39 during the day, are up by 10.99% in the past three months and up by 25.55% over the past six months. It is currently trading 3.51% above its 20 day moving average and 6.98% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $57.01 a share over the next twelve months. The current relative strength index (RSI) reading is 77.91.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

 

Momentum Stocks: L Brands, Inc. (LB), HCP, Inc. (HCP), Marathon Petroleum Corporation (MPC)

L Brands, Inc. (LB) grew with the stock adding 0.82% or $0.48 to close at $59.28 on active trading volume of 4.16M compared its three months average trading volume of 2.41M. The Columbus Ohio 43230 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -34.03% down for the period and down by -9.96% so far this year. With price target of $68.72 and a 1.89% rebound from 52-week low, L Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

HCP, Inc. (HCP) had a light trading with around 4.15M shares changing hands compared to its three month average trading volume of 4.68M. The stock traded between $29.88 and $30.72 before closing at the price of $30.7 with 2.2% change on the day. The Irvine California 92614 based company is currently trading 40.21% above its 52 week low of $25.11 and -15.59% below its 52 week high of $40.43. Both the RSI indicator and target price of  and $30.73 respectively, lead us to believe that it could rise over the coming weeks.

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry including sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing. The fund also invests in mezzanine loans and other debt instruments. It engages in acquisition, development, leasing, selling and managing of healthcare real estate and provides mortgage and other financing to healthcare providers. The fund benchmarks the performance of its portfolio against the S&P 500 Index, Berkshire Hathaway Index, and MSCI REIT Index. HCP, Inc. was formed in 1985 and is based in Irvine, California with additional office in Nashville and San Francisco.

Marathon Petroleum Corporation (MPC) saw its value increase by 0.4% as the stock gained $0.19 to finish the day at a closing price of $47.9. The stock was lighter in trading and has fluctuated between $29.24-$54.59 per share for the past year. The shares, which traded within a range of $47.43 to $48.5 during the day, are up by 14.07% in the past three months and up by 18.19% over the past six months. It is currently trading -2.67% below its 20 day moving average and -2.18% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $61.97 a share over the next twelve months. The current relative strength index (RSI) reading is 42.63.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

 

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

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

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

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

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

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

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

 

Stocks Trending Alert: ConocoPhillips (COP), Noble Energy, Inc. (NBL), The Kroger Co. (KR)

ConocoPhillips (COP) saw its value decrease by -2.37% as the stock dropped $-1.2 to finish the day at a closing price of $49.43. The stock was lighter in trading and has fluctuated between $31.05-$53.17 per share for the past year. The shares, which traded within a range of $49.2 to $50.46 during the day, are up by 18.25% in the past three months and up by 23.49% over the past six months. It is currently trading -1.99% below its 20 day moving average and 0.15% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $57.73 a share over the next twelve months. The current relative strength index (RSI) reading is 47.38.The technical indicator lead us to believe there will be no major movement any time soon, hold.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio includes resource-rich North American tight oil and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and an inventory of conventional and unconventional exploration prospects. The company was founded in 1917 and is headquartered in Houston, Texas.

Noble Energy, Inc. (NBL) shares were up in last trading by 0.1% to $40.27. It experienced higher than average volume on day. The stock increased in value by almost 0.15% over the past week and grew 2.44% in the past month. It is currently trading 4.6% above its 50 day moving average and 11.48% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.19% decrease in value from its one year high of $42.03. The RSI indicator value of 63.97, lead us to believe that it is 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.

The Kroger Co. (KR) traded within a range of $32.99 to $33.74 after opening the day at $33.74. The company has seen its stock decrease in value by -3.33% so far this year. The stock was down close to -1.13% on light volume in last trading session and closed at $33.36 per share. After the recent fall, the stock is currently holding -17.6% below its 52 week high of $40.91 and 16.63% above its 12-month low of $28.71. The shares are up by over 8.36% in the last three months, and the RSI indicator value of 44.05 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

ConocoPhillips,COP,Noble Energy,,NBL,The Kroger,KR

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Stocks on Trader’s Radar: The Dow Chemical Company (DOW), Western Digital Corporation (WDC), Marathon Petroleum Corporation (MPC)

The Dow Chemical Company (DOW) failed to extend gains with the stock declining -0.18% or $-0.11 to close the day at $61.31 on light trading volume of 5.26M shares, compared to its three month average trading volume of 7.1M. The Midland Michigan 48674 based company has been outperforming the chemicals – major diversified group over the past 52 weeks, with the stock gaining 52.79%, compared to the industry which has advanced 49.3% over the same period. With RSI of 73.41, the stock should still continue to rise and get closer to its one year target estimate of $63.06, making it a hold for now.

The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments. The Agricultural Sciences segment provides crop protection and seed/plant biotechnology products and technologies, urban pest management solutions, and healthy oils. The Consumer Solutions segment offers semiconductors and organic light-emitting diodes, and adhesives and foams used by the transportation industry; and cellulosics and other polymers for innovative pharmaceutical formulations and food solutions. It serves automotive, electronics and entertainment, food and pharmaceuticals, and personal and home care products markets. The Infrastructure Solutions segment provides architectural and industrial coatings, construction material ingredients, building insulation, adhesives, and microbial protection products for the oil and gas industry; water technologies; monomers; and silicone and silicone products. The Performance Materials & Chemicals segment offers chlorine and caustic soda; industrial solutions; and propylene oxides, propylene glycols, polyether polyols, and aromatic isocyanates. The Performance Plastics segment provides elastomers, polyolefin plastomers, and ethylene propylene diene monomer elastomers; wire and cable insulation, semiconductive, and jacketing compound solutions, as well as bio-based plasticizers; acrylics, polyethylene, polyolefin emulsions, and polyolefin plastomers; and ethylene, propylene, benzene, butadiene, cumene, octene, aromatics co-products, and crude c4. The company was founded in 1897 and is headquartered in Midland, Michigan.

Western Digital Corporation (WDC) climbed 1.34% during last trading as the stock added $1.05 to finish the day at $79.52 with about 5.24M shares changing hands, compared to its three month average trading volume of 4.57M. The $22.7B market cap company, which fluctuated between $78.14 and $80.04 during the day, currently situated 133.5% above its 52 week low of $34.99 and -2.63% away from its one year high of $81.67. The RSI of 73.44 indicates the stock is overbought at the current levels, sell for now.

Western Digital Corporation, together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide. It offers performance hard disk drives (HDDs) that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models, as well as for use in storage of data for years; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are designed to enhance the performance in various enterprise workload environments. The company also provides InfiniFlash System, a system solution that offers petabyte scalable capacity with performance metrics; higher value data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop PCs, notebook PCs, gaming consoles, set top boxes, security surveillance systems, and other computing devices. In addition, it offers embedded NAND-flash storage products, including custom embedded solutions; and iNAND embedded flash products, such as multi-chip package solutions that combine NAND and mobile dynamic random-access memory in an integrated package for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as in automotive and connected home applications, and NAND-flash wafers. Further, it provides HDDs embedded into WD- and HGST-branded external storage products; and NAND-flash products, which include cards, universal serial bus flash drives, and wireless drives. Additionally, the company licenses its technologies. The company sells its products under the HGST, SanDisk, and WD brands to original equipment manufacturers (OEMs), distributors, resellers, cloud infrastructure players, and retailers. It serves storage subsystem suppliers, OEMs, Internet and social media infrastructure players, and PC and Mac OEMs. The company was founded in 1970 and is headquartered in Irvine, California.

Marathon Petroleum Corporation (MPC) saw its value decrease by -0.73% as the stock dropped $-0.36 to finish the day at a closing price of $49.08. The stock was lighter in trading and has fluctuated between $29.24-$54.59 per share for the past year. The shares, which traded within a range of $48.67 to $50 during the day, are up by 11.81% in the past three months and up by 30.77% over the past six months. It is currently trading -1.36% below its 20 day moving average and 1.01% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $61.97 a share over the next twelve months. The current relative strength index (RSI) reading is 49.09. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

 

Traders Recap: The AES Corporation (AES), Uranium Energy Corp. (UEC), Marathon Petroleum Corporation (MPC)

The AES Corporation (AES) managed to rebound with the stock climbing 1.34% or $0.15 to close the day at $11.37 on higher than average trading volume of 7.54M shares, compared to its three month average trading volume of 5.28M. The Arlington Virginia 22203 based company has been outperforming the electric utilities companies by -4.5221% for last three months and its recent losses have pulled the stock down -2.15% YTD, versus the electric utilities industry which is down -0.01% for the same period. The RSI of 45.1 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels to generate electricity, including natural gas, coal, hydro, wind, energy storage, oil, diesel, petroleum coke, biomass, landfill gas, and solar. The company owns and/or operates a generation portfolio of approximately 29,352 megawatts. It has operations in the United States, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was founded in 1981 and is headquartered in Arlington, Virginia.

Uranium Energy Corp. (UEC) had a active trading with around 7.4M shares changing hands compared to its three month average trading volume of 1.6M. The stock traded between $1.61 and $1.82 before closing at the price of $1.8 with 13.21% change on the day. The Vancouver British Columbia V6E 2Y3 based company is currently trading 160.87% above its 52 week low of $0.69 and 0.56% above its 52 week high of $1.82. Both the RSI indicator and target price of 72.01 and $2.79 respectively, lead us to believe that it could drop over the coming weeks.

Uranium Energy Corp. engages in the exploration, pre-extraction, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay. As of July 31, 2016, it had mineral rights in uranium projects located in the states of Arizona, Colorado, New Mexico, Texas, and Wyoming, as well as in the Republic of Paraguay. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. Uranium Energy Corp. was incorporated in 2003 and is based in Corpus Christi, Texas.

Marathon Petroleum Corporation (MPC) traded within a range of $48.97 to $50.48 after opening the day at $49.12. The company has seen its stock decrease in value by -0.52% so far this year. The stock was up close to 2.81% on active volume in last trading session and closed at $50.09 per share. After the recent gain, the stock is currently holding -8.24% below its 52 week high of $54.59 and 77.65% above its 12-month low of $29.24. The shares are up by over 14.55% in the last three months, and the RSI indicator value of 54.48 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

 

Stocks Intraday Alert: Comcast Corporation (CMCSA), Marathon Petroleum Corporation (MPC), Globalstar, Inc. (GSAT)

Comcast Corporation (CMCSA) failed to extend gains with the stock declining -0.42% or $-0.31 to close the day at $73.26 on higher than average trading volume of 8.46M shares, compared to its three month average trading volume of 11.06M. The Philadelphia Pennsylvania 19103 based company has been outperforming the entertainment – diversified companies by 14.1368% for last three months and its recent gains have pushed the stock slightly up 6.1% YTD, versus the entertainment – diversified industry which is up 4.03% for the same period. The RSI of 69.18 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand. This segment also provides business services, such as Ethernet network services; cellular backhaul services to mobile network operators; and advertising services on cable networks, as well as on other platforms, such as digital, radio, and print media. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international cable networks; and cable television studio production operations, as well as owns various digital media properties, which primarily include brand-aligned Websites. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo owned local broadcast television stations, broadcast television studio production operations, and related digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes live-action and animated filmed entertainment, principally under the Universal Pictures, Illumination, and Focus Features names. This segment also develops, produces, and licenses stage plays. The Theme Parks segment operates Universal theme parks in Orlando, Florida, as well as in Hollywood, California; Universal studios theme park in Osaka, Japan; Wet ‘n Wild, a water park in Orlando, Florida; and CityWalk, a dining, retail, and entertainment complex. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and operates arena management-related businesses. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

Marathon Petroleum Corporation (MPC) had a active trading with around 8.14M shares changing hands compared to its three month average trading volume of 6.45M. The stock traded between $48.12 and $48.77 before closing at the price of $48.72 with -0.08% change on the day. The Findlay Ohio 45840 based company is currently trading 72.79% above its 52 week low of $29.24 and -10.75% below its 52 week high of $54.59. Both the RSI indicator and target price of 46.86 and $62.03 respectively, lead us to believe that it should be put on hold over the coming weeks.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

Globalstar, Inc. (GSAT) traded within a range of $1.35 to $1.46 after opening the day at $1.39. The company has seen its stock decrease in value by -8.86% so far this year. The stock was up close to 4.35% on active volume in last trading session and closed at $1.44 per share. After the recent gain, the stock is currently holding -52% below its 52 week high of $3 and 128.57% above its 12-month low of $0.63. The shares are up by over 34.58% in the last three months, and the RSI indicator value of 52.07 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; SPOT Global phone; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Simplex one-way transmission products to track cargo containers and rail cars, to monitor utility meters, to monitor oil and gas assets, and other applications. Further, it provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company primarily serves recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. Globalstar, Inc. distributes its products directly, as well as through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. As of December 31, 2015, it served approximately 688,000 subscribers. The company has a collaboration agreement with Carmanah to design and manufacture solar powered M2M satellite solutions. The company was founded in 2003 and is headquartered in Covington, Louisiana. Globalstar, Inc. is a subsidiary of Thermo Funding II LLC.

 

Three Movers to Watch for: Plains All American Pipeline, L.P. (PAA), Caterpillar Inc. (CAT), Marathon Petroleum Corporation (MPC)

Plains All American Pipeline, L.P. (PAA) retreated with the stock falling -0.23% or $-0.07 to close at $30.44 on active trading volume of 5.06M compared its three months average trading volume of 2.34M. The Houston Texas 77002 based company operating under the Oil & Gas Pipelines industry has been trending up for the last 52 weeks, with the shares price now 74.71% up for the period and down by -5.73% so far this year. With price target of $33.4 and a 120.58% rebound from 52-week low, Plains All American Pipeline, L.P. has plenty of upside potential, making it a hold with a view buy.

Plains All American Pipeline, L.P., through with its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. Its Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2015, this segment owned and leased 18,100 miles of active crude oil and NGL pipelines and gathering systems; 30 million barrels of active and above-ground tank capacity; 830 trailers; 142 transport and storage barges; and 64 transport tugs. The company’s Facilities segment provides storage, terminalling, and throughput services for crude oil, refined products, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2015, it owned and operated approximately 80 million barrels of crude oil and refined products storage capacity; 25 million barrels of NGL storage capacity; 97 billion cubic feet of natural gas storage working capacity; 31 billion cubic feet of base gas; 10 natural gas processing plants; 1 condensate processing facility; 7 fractionation plants; 28 crude oil and NGL rail terminals; 6 marine facilities; and 1,100 miles of active pipelines. Its Supply and Logistics segment purchases crude oil at the wellhead, pipeline, terminal, and rail facilities; purchases cargos at load port and various locations in transit; stores inventory, and NGL and natural gas; purchases NGL; resells or exchanges crude oil and NGL; transports crude oil and NGL on trucks, barges, railcars, pipelines, and ocean-going vessels; and purchases and sells natural gas. As of December 31, 2015, it owned 13 million barrels of crude oil and NGL linefill; 5 million barrels of crude oil and NGL linefill; 990 trucks and 1,100 trailers; and 10,100 crude oil and NGL railcars. The company was founded in 1998 and is headquartered in Houston, Texas.

Caterpillar Inc. (CAT) gained $1.2 to close the day at a new closing price of $94.58, a 1.29% increase in value from its previous closing price that moved the stock 74.02% above its 52 week low of $56.36. A total of 5.03M shares exchanged hands during the day compared with its three month average trading volume of 4.87M. The stock, which fluctuated between $93.62 and $95 during the day, currently situated -2.09% below its 52 week high. The stock is up by 2.86% in the past one month and up by 9.33% over the past three months. With a one year target estimate of $90.07 and RSI of 58.24, the stock still has upside potential, making it a hold for now.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company’s Construction Industries segment offers backhoe, small wheel, skid steer, multi-terrain, compact track, medium and compact wheel, and track-type loaders; mini, wheel, and track excavators; track-type tractors; and select work tools, motor graders, telehandlers, soil compactors, and pipelayers, as well as its related parts for the heavy and general construction, rental, mining and quarry, and aggregates markets. Its Resource Industries segment provides electric rope and hydraulic shovels; draglines; drills; highwall and longwall miners; hard rock vehicles; articulated, large mining, and off-highway trucks; large wheel loaders; wheel tractor scrapers; wheel dozers; machinery components; hard rock continuous mining systems; electronics and control systems; and select work tools for use in mining and quarry applications. The company’s Energy & Transportation segment offers reciprocating engines, generator sets, marine propulsion systems, gas turbines and turbine-related services, diesel-electric locomotives, and other rail-related products and services. Its Financial Products segment provides retail and wholesale financing for Caterpillar equipment, machinery, and engines; offers property, casualty, life, accident, and health insurance; insurance brokerage services; and purchases short-term trade receivables. The company’s All Other segments remanufactures Cat engines and components, and provides remanufacturing services for other companies; offers business strategy, and development, management, manufacturing, marketing, and support primarily for paving, forestry, industrial, waste, and Cat products. The company was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. The company was founded in 1925 and is headquartered in Peoria, Illinois.

Marathon Petroleum Corporation (MPC) shares were up in last trading by 0.81% to $48.76. It experienced lighter than average volume on day. The stock decreased in value by almost -0.99% over the past week and fell -1.38% in the past month. It is currently trading 1.72% above its 50 day moving average and 18.82% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -10.68% decrease in value from its one year high of $54.59. The RSI indicator value of 49.9, lead us to believe that it is a hold for now.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

 

Trader Alert: The TJX Companies, Inc. (TJX), Marathon Petroleum Corporation (MPC), Zynga Inc. (ZNGA)

The TJX Companies, Inc. (TJX) retreated with the stock falling -2.09% or $-1.6 to close at $75.08 on active trading volume of 4.2M compared its three months average trading volume of 3.27M. The Framingham Massachusetts 01701 based company operating under the Department Stores industry has been trending up for the last 52 weeks, with the shares price now 12.79% up for the period and down by -0.07% so far this year. With price target of $84 and a 15.9% rebound from 52-week low, The TJX Companies, Inc. has plenty of upside potential, making it a hold with a view buy.

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

Marathon Petroleum Corporation (MPC) dropped $-0.53 to close the day at a new closing price of $48.37, a -1.08% decrease in value from its previous closing price that moved the stock 71.55% above its 52 week low of $29.24. A total of 4.19M shares exchanged hands during the day compared with its three month average trading volume of 6.47M. The stock, which fluctuated between $47.93 and $49.02 during the day, currently situated -11.39% below its 52 week high. The stock is down by -3.47% in the past one month and up by 14.13% over the past three months. With a one year target estimate of $62 and RSI of 47.26, the stock still has upside potential, making it a hold for now.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

Zynga Inc. (ZNGA) shares were up in last trading by 0.77% to $2.63. It experienced lighter than average volume on day. The stock decreased in value by almost 0% over the past week and fell -4.71% in the past month. It is currently trading -4.8% below its 50 day moving average and -2.69% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -14.61% decrease in value from its one year high of $3.08. The RSI indicator value of 45.42, lead us to believe that it is a hold for now.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, North America, Asia, and the European Union. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. The company’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com. It also provides advertising services to advertising agencies and brokers. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.