Stocks In Queue: CBS Corporation (CBS), Newmont Mining Corporation (NEM), PayPal Holdings, Inc. (PYPL)

CBS Corporation (CBS) climbed 0.28% during last trading as the stock added $0.18 to finish the day at $65.42 with about 5.98M shares changing hands, compared to its three month average trading volume of 3.9M. The $30.62B market cap company, which fluctuated between $64.08 and $65.59 during the day, currently situated 52.09% above its 52 week low of $44.9 and -2.18% away from its one year high of $66.88. The RSI of 60.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CBS Corporation operates as a mass media company worldwide. The company’s Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures. Its Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events; and owns and operates multiplexed channels. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs; and operates a CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The company’s Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; and develops special imprints and publishes titles based on the products, as well as that of third parties and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. Its Local Broadcasting segment owns 30 broadcast television stations; owns and operates 117 radio stations in 26 U.S. markets and related online properties; and operates local digital properties in various U.S. markets that combine the company’s television and radio local media brands online to offer the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews for local community. The company was founded in 1986 and is headquartered in New York, New York. CBS Corporation is a subsidiary of National Amusements, Inc.

Newmont Mining Corporation (NEM) gained $0.54 to close the day at a new closing price of $37.57, a 1.46% increase in value from its previous closing price that moved the stock 63.11% above its 52 week low of $24.08. A total of 5.79M shares exchanged hands during the day compared with its three month average trading volume of 7.58M. The stock, which fluctuated between $37.26 and $37.69 during the day, currently situated -18.28% below its 52 week high. The stock is up by 6.55% in the past one month and up by 10.96% over the past three months. With a one year target estimate of $39.88 and RSI of 62.28, the stock still has upside potential, making it a hold for now.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

PayPal Holdings, Inc. (PYPL) had a light trading with around 5.73M shares changing hands compared to its three month average trading volume of 6.67M. The stock traded between $41.7 and $42.31 before closing at the price of $42.15 with 0.67% change on the day. The San Jose California 95131 based company is currently trading 23.97% above its 52 week low of $34 and -5.32% below its 52 week high of $44.52. Both the RSI indicator and target price of 66.92 and $46.83 respectively, lead us to believe that it should be put on hold over the coming weeks.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company’s platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

 

Trader Alert: Newmont Mining Corporation (NEM), National Oilwell Varco, Inc. (NOV), ServiceNow, Inc. (NOW)

Newmont Mining Corporation (NEM) retreated with the stock falling -0.78% or $-0.29 to close at $37.09 on light trading volume of 5.61M compared its three months average trading volume of 7.76M. The Greenwood Village Colorado 80111 based company operating under the Gold industry has been trending up for the last 52 weeks, with the shares price now 51.59% up for the period and up by 8.86% so far this year. With price target of $39.88 and a 61.03% rebound from 52-week low, Newmont Mining Corporation has plenty of upside potential, making it a hold with a view buy.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

National Oilwell Varco, Inc. (NOV) gained $1.06 to close the day at a new closing price of $40.66, a 2.68% increase in value from its previous closing price that moved the stock 53.15% above its 52 week low of $26.56. A total of 3.06M shares exchanged hands during the day compared with its three month average trading volume of 3.62M. The stock, which fluctuated between $39.51 and $40.75 during the day, currently situated -6.81% below its 52 week high. The stock is up by 8.72% in the past one month and up by 22.13% over the past three months. With a one year target estimate of $37.62 and RSI of 60.88, the stock still has upside potential, making it a hold for now.

National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide. It operates through four segments: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components. This segment provides substructures, derricks, and masts; cranes; pipe lifting, racking, rotating, and assembly systems; fluid transfer technologies, such as mud pumps; pressure control equipment; power transmission systems; and rig instrumentation and control systems. The Rig Aftermarket segment offers spare parts; and repair and rental services, as well as technical support, field and first well support, field engineering, and customer training services. The Wellbore Technologies segment designs, manufactures, rents, and sells various equipment and technologies. This segment also provides solids control and waste management equipment and services, drilling fluids, power generation equipment, drill and wired pipes, instruments, measuring and monitoring equipment, downhole and fishing tools, hole openers, and drill bits, as well as drilling optimization and automation, tubular inspection, repair and coating, and rope access inspection services. The Completion and Production Solutions segment offers pressure pumping trucks and pumps, blenders, sanders, hydration units, injection units, flowlines, manifolds, and wellheads; well intervention tools; offshore production comprising composite pipes, process equipment, floating production systems, and subsea production technologies; and onshore production, including surface transfer and progressive cavity pumps, reciprocating pumps, pressure vessels, and artificial lift systems. The company was founded in 1862 and is headquartered in Houston, Texas.

ServiceNow, Inc. (NOW) shares were up in last trading by 1.25% to $92.89. It experienced lighter than average volume on day. The stock increased in value by almost 2.46% over the past week and grew 11.21% in the past month. It is currently trading 12.69% above its 50 day moving average and 20.56% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.1% decrease in value from its one year high of $93.3. The RSI indicator value of 71.1, lead us to believe that it may reverse gains in the near term.

ServiceNow, Inc. provides enterprise cloud-based solutions that define, structure, manage, and automate services in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It offers service management solutions, including incident management, problem management, change management, and request management, as well as service catalog and knowledge base; and information technology (IT), HR, customer service, security operations, facilities, and field service management solutions. The company also provides business management solutions, such as financial management solutions; project portfolio suite that provides capabilities to plan, organize, and manage projects; governance, risk, and compliance solution that provides clarity into compliance and audit initiatives; and performance analytics solutions, as well as offers ServiceNow platform that integrates various business applications. In addition, it offers IT operations management solutions that include ServiceWatch Mapping, a service mapping and discovery solution; ServiceWatch Insight that adds event management to the ServiceWatch Mapping bundle, as well as offers insight on the issues affecting service availability and performance; and ServiceWatch Suite that adds orchestration and cloud management to the ServiceNow ITOM products. Further, the company offers professional, education, and customer support services. It serves enterprises in various industries, including financial services, consumer products, IT services, health care, and technology. The company sells products through its direct sales team, as well as indirectly through third-party channels by partnering with systems integrators, managed services providers, and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. ServiceNow, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

 

Stocks In Queue: Energy Transfer Equity, L.P. (ETE), TechnipFMC plc (FTI), Newmont Mining Corporation (NEM)

Energy Transfer Equity, L.P. (ETE) fell -1.62% during last trading as the stock lost $-0.31 to finish the day at $18.84 with about 5.3M shares changing hands, compared to its three month average trading volume of 6.98M. The $20.05B market cap company, which fluctuated between $18.83 and $19.37 during the day, currently situated 341.08% above its 52 week low of $5.67 and -4.57% away from its one year high of $20.05. The RSI of 56.51 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

TechnipFMC plc (FTI) gained $0.51 to close the day at a new closing price of $31.76, a 1.63% increase in value from its previous closing price that moved the stock 42.42% above its 52 week low of $23.04. A total of 5.28M shares exchanged hands during the day compared with its three month average trading volume of 5.33M. The stock, which fluctuated between $31.18 and $31.78 during the day, currently situated -14.37% below its 52 week high. The stock is down by -13.39% in the past one month and down by -5.25% over the past three months. With a one year target estimate of $38.64 and RSI of 34.51, the stock still has upside potential, making it a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

Newmont Mining Corporation (NEM) had a light trading with around 5.17M shares changing hands compared to its three month average trading volume of 8.01M. The stock traded between $36.75 and $37.72 before closing at the price of $37.65 with 1.21% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 66.48% above its 52 week low of $23.12 and -18.1% below its 52 week high of $46.07. Both the RSI indicator and target price of 61.95 and $39.88 respectively, lead us to believe that it should be put on hold over the coming weeks.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

 

Stocks in Focus: MetLife, Inc. (MET), Newmont Mining Corporation (NEM), Ally Financial Inc. (ALLY)

MetLife, Inc. (MET) had a light trading with around 6.3M shares changing hands compared to its three month average trading volume of 6.58M. The stock traded between $51.09 and $51.64 before closing at the price of $51.39 with -0.56% change on the day. The New York New York 10166 based company is currently trading 51.97% above its 52 week low of $35 and -10.88% below its 52 week high of $58.09. Both the RSI indicator and target price of 32.51 and $60.14 respectively, lead us to believe that it should be put on hold over the coming weeks.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, including private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also offers group insurance products, such as variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and worksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products comprising guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets; and structured settlements and products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. It serves individuals and corporations, as well as other institutions and their employees. The company sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. MetLife, Inc. was founded in 1863 and is based in New York, New York.

Newmont Mining Corporation (NEM) managed to rebound with the stock climbing 1.42% or $0.53 to close the day at $37.85 on light trading volume of 6.18M shares, compared to its three month average trading volume of 8.14M. The Greenwood Village Colorado 80111 based company has been outperforming the gold group over the past 52 weeks, with the stock gaining 56.35%, compared to the industry which has advanced 6.38% over the same period. With RSI of 63.48, the stock should still continue to rise and get closer to its one year target estimate of $39.88, making it a hold for now.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

Ally Financial Inc. (ALLY) shares were down in last trading by -1.1% to $22.55. It experienced higher than average volume on day. The stock increased in value by almost 4.4% over the past week and grew 14.18% in the past month. It is currently trading 12.89% above its 50 day moving average and 20.94% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.18% decrease in value from its one year high of $22.82. The RSI indicator value of 73.98, lead us to believe that it may reverse gains in the near term.

Ally Financial Inc., a diversified financial services company, provides a range of financial products and services primarily to automotive dealers and their retail customers in the United States. It offers dealer financial services, including a range of financial services and insurance products to automotive dealers and retail customers. The company also provides automotive finance services for dealers, such as new and used vehicle inventory financing; inventory insurance; term loans, including real estate and working capital loans; and vehicle remarketing services, as well as vehicle service contracts (VCSs) and guaranteed automobile protection (GAP) products. In addition, it offers retail automotive financing for new and used vehicles, and leasing for new vehicles; consumer finance protection and insurance products, such as VSCs, maintenance coverage, and GAP products; commercial insurance products; and senior secured commercial-lending products. Further, the company, through its subsidiary, Ally Bank provides savings and money market accounts, certificates of deposit, interest-bearing checking accounts, trust accounts, and individual retirement accounts; and online and mobile banking, electronic bill pay, remote deposit, and electronic funds transfer. It also engages in the management of held-for-investment mortgage loan portfolio that includes the execution of bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.

 

Stocks in Focus: Newmont Mining Corporation (NEM), The Kroger Co. (KR), Chevron Corporation (CVX)

Newmont Mining Corporation (NEM) had a light trading with around 6.4M shares changing hands compared to its three month average trading volume of 8.2M. The stock traded between $36.16 and $36.88 before closing at the price of $36.68 with 2.26% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 87.85% above its 52 week low of $22.31 and -20.21% below its 52 week high of $46.07. Both the RSI indicator and target price of 60.91 and $39.88 respectively, lead us to believe that it should be put on hold over the coming weeks.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

The Kroger Co. (KR) managed to rebound with the stock climbing 1.97% or $0.66 to close the day at $34.1 on light trading volume of 6.36M shares, compared to its three month average trading volume of 7.91M. The Cincinnati Ohio 45202 based company has been underperforming the grocery stores group over the past 52 weeks, with the stock losing -14.%, compared to the industry which has dropped -5.01% over the same period. With RSI of 53.78, the stock should still continue to rise and get closer to its one year target estimate of $36, making it a hold for now.

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.

Chevron Corporation (CVX) shares were up in last trading by 1.09% to $112.21. It experienced lighter than average volume on day. The stock decreased in value by almost -3.72% over the past week and fell -4.79% in the past month. It is currently trading -2.51% below its 50 day moving average and 7.64% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -5.71% decrease in value from its one year high of $119. The RSI indicator value of 37.56, lead us to believe that it is a hold for now.

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. It is also involved in the cash management and debt financing activities; corporate administrative operations; insurance operations; real estate activities; and technology businesses. Further, the company holds interests in power plants, as well as operates geothermal plants; and engages in the transportation of refined products primarily in the coastal waters of the United States. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.

 

Stock’s Trend Analysis Report: Devon Energy Corporation (DVN), Occidental Petroleum Corporation (OXY), Newmont Mining Corporation (NEM)

Devon Energy Corporation (DVN) climbed 1.04% during last trading as the stock added $0.47 to finish the day at $45.54 with about 3.49M shares changing hands, compared to its three month average trading volume of 4.94M. The $23.84B market cap company, which fluctuated between $44.58 and $45.56 during the day, currently situated 155.85% above its 52 week low of $18.07 and -10.05% away from its one year high of $50.69. The RSI of 42.21 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It operates approximately 19,000 wells. The company also offers midstream energy services, including gathering, transmission, processing, fractionation, and marketing to producers of natural gas, NGLs, crude oil, and condensate through its natural gas pipelines, plants, and treatment facilities. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

Occidental Petroleum Corporation (OXY) dropped $-0.11 to close the day at a new closing price of $67.77, a -0.16% decrease in value from its previous closing price that moved the stock 11.67% above its 52 week low of $63.14. A total of 5.54M shares exchanged hands during the day compared with its three month average trading volume of 5.11M. The stock, which fluctuated between $67.33 and $68.09 during the day, currently situated -12.05% below its 52 week high. The stock is down by -5.35% in the past one month and down by -6.95% over the past three months. With a one year target estimate of $77.08 and RSI of 37.08, the stock still has upside potential, making it a hold for now.

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.

Newmont Mining Corporation (NEM) had a light trading with around 7.72M shares changing hands compared to its three month average trading volume of 8.32M. The stock traded between $35.81 and $36.35 before closing at the price of $36.28 with 3.75% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 85.8% above its 52 week low of $20.3 and -21.08% below its 52 week high of $46.07. Both the RSI indicator and target price of 60.86 and $39.88 respectively, lead us to believe that it should be put on hold over the coming weeks.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

 

3 Stocks in Focus: Newmont Mining Corporation (NEM), V.F. Corporation (VFC), United Continental Holdings, Inc. (UAL)

Newmont Mining Corporation (NEM) climbed 0.56% during last trading as the stock added $0.19 to finish the day at $34.38 with about 4.46M shares changing hands, compared to its three month average trading volume of 8.36M. The $18.25B market cap company, which fluctuated between $34.26 and $34.67 during the day, currently situated 89.82% above its 52 week low of $19.6 and -25.22% away from its one year high of $46.07. The RSI of 49.13 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

V.F. Corporation (VFC) dropped $-1.24 to close the day at a new closing price of $50.77, a -2.38% decrease in value from its previous closing price that moved the stock 0.55% above its 52 week low of $50.47. A total of 4.42M shares exchanged hands during the day compared with its three month average trading volume of 3.08M. The stock, which fluctuated between $50.47 and $52.15 during the day, currently situated -22.62% below its 52 week high. The stock is down by -5.6% in the past one month and down by -5.47% over the past three months. With a one year target estimate of $58.79 and RSI of 35.47, the stock still has upside potential, making it a hold for now.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the United States and Europe. The company primarily offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, surfing-inspired footwear, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands. It also provides denim, casual apparel, footwear, and accessories under the Wrangler, Lee, Lee Casuals, Riders by Lee, Rustler, Timber Creek by Wrangler, and Rock & Republic brands. In addition, the company offers occupational, protective occupational, athletic, licensed athletic, and licensed apparel products under the Red Kap, Bulwark, Horace Small, Majestic, MLB, NFL, and Harley-Davidson brands; sportswear apparel, luggage, and accessories under the Nautica brand; and handbags, luggage, backpacks, totes, and accessories under the Kipling brand. Further, it provides premium denim apparel, footwear, and accessories under the 7 For All Mankind, Splendid, and Ella Moss brands. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through company operated stores, concession retail stores, and e-commerce sites. V.F. Corporation was founded in 1899 and is headquartered in Greensboro, North Carolina.

United Continental Holdings, Inc. (UAL) had a active trading with around 4.38M shares changing hands compared to its three month average trading volume of 3.86M. The stock traded between $74.04 and $75.98 before closing at the price of $74.42 with -1.27% change on the day. The Chicago Illinois 60606 based company is currently trading 98.93% above its 52 week low of $37.41 and -3.1% below its 52 week high of $76.8. Both the RSI indicator and target price of 54.84 and $85.28 respectively, lead us to believe that it should be put on hold over the coming weeks.

United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. The company transports people and cargo through its mainline and regional operations. As of December 31, 2015, it operated 1,236 aircraft. United Continental Holdings, Inc. also sells fuel; and offers catering, ground handling, and maintenance services for third parties. The company was formerly known as UAL Corporation and changed its name to United Continental Holdings, Inc. in October 2010. United Continental Holdings, Inc. was founded in 1934 and is headquartered in Chicago, Illinois.

 

Investor’s Watch List: Newmont Mining Corporation (NEM), Exxon Mobil Corporation (XOM), Reynolds American Inc. (RAI)

Newmont Mining Corporation (NEM) had a active trading with around 9.61M shares changing hands compared to its three month average trading volume of 8.26M. The stock traded between $34.47 and $35.58 before closing at the price of $34.95 with -3.02% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 107.95% above its 52 week low of $18.72 and -23.98% below its 52 week high of $46.07. Both the RSI indicator and target price of 54.74 and $40.06 respectively, lead us to believe that it should be put on hold over the coming weeks.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

Exxon Mobil Corporation (XOM) continued its upward trend with the stock climbing 0.29% or $0.25 to close the day at $85.34 on active trading volume of 9.57M shares, compared to its three month average trading volume of 11.35M. The Irving Texas 75039 based company has been outperforming the major integrated oil & gas group over the past 52 weeks, with the stock gaining 15.19%, compared to the industry which has advanced 36.44% over the same period. With RSI of 39.54, the stock should still continue to rise and get closer to its one year target estimate of $88.87, making it a hold for now.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products. As of December 31, 2015, the company had approximately 35,909 gross and 30,114 net operated wells. Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

Reynolds American Inc. (RAI) shares were up in last trading by 1.52% to $60.05. It experienced higher than average volume on day. The stock increased in value by almost 3.53% over the past week and grew 7.33% in the past month. It is currently trading 8.58% above its 50 day moving average and 17.93% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 1.33% increase in value from its one year high of $60.1. The RSI indicator value of 85.6, lead us to believe that it may reverse gains in the near term.

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.

 

Stocks In Queue: Newmont Mining Corporation (NEM), Texas Instruments Incorporated (TXN), Annaly Capital Management, Inc. (NLY)

Newmont Mining Corporation (NEM) climbed 0.45% during last trading as the stock added $0.16 to finish the day at $36.04 with about 8.58M shares changing hands, compared to its three month average trading volume of 8.21M. The $19.07B market cap company, which fluctuated between $35.83 and $36.92 during the day, currently situated 114.44% above its 52 week low of $18.18 and -21.61% away from its one year high of $46.07. The RSI of 61.52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

Texas Instruments Incorporated (TXN) gained $1.35 to close the day at a new closing price of $77.08, a 1.78% increase in value from its previous closing price that moved the stock 60% above its 52 week low of $49.1. A total of 8.45M shares exchanged hands during the day compared with its three month average trading volume of 5.28M. The stock, which fluctuated between $75.91 and $77.32 during the day, currently situated 1.77% above its 52 week high. The stock is up by 3.92% in the past one month and up by 10.97% over the past three months. With a one year target estimate of $76.37 and RSI of 66.31, the stock still has upside potential, making it a hold for now.

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power management products that include catalog and application-specific standard products to enhance the efficiency of powered devices using battery management solutions, portable power conversion devices, power supply controls, and point-of-load products. This segment also provides high performance analog products, such as high-speed data converters, amplifiers, sensors, high reliability products, interface products, and precision products; and silicon valley analog products, including power management, data converter, interface, and operational amplifier catalog analog products that are used in manufacturing various electronic systems. The Embedded Processing segment offers microcontroller products, which are systems with a processor core, memory, and peripherals to control a set of specific tasks for electronic equipment; processor products comprising digital signal and applications processors; and connectivity products consisting of electronic devices to connect and transfer data. The company also provides DLP products primarily used in projectors to create high-definition images; application-specific integrated circuits; calculators; and baseband products, as well as OMAP applications processors and connectivity products. It markets and sells its products through a direct sales force and distributors. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.

Annaly Capital Management, Inc. (NLY) had a active trading with around 8.41M shares changing hands compared to its three month average trading volume of 7.3M. The stock traded between $10.18 and $10.31 before closing at the price of $10.26 with 0.1% change on the day. The New York New York 10036 based company is currently trading 29.57% above its 52 week low of $9.11 and -4.05% below its 52 week high of $11.29. Both the RSI indicator and target price of 58.31 and $10.5 respectively, lead us to believe that it should be put on hold over the coming weeks.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.

 

3 Trending Stocks: Targa Resources Corp. (TRGP), Newmont Mining Corporation (NEM), ON Semiconductor Corporation (ON)

Targa Resources Corp. (TRGP) failed to extend gains with the stock declining -3.8% or $-2.28 to close the day at $57.77 on active trading volume of 5.91M shares, compared to its three month average trading volume of 2.04M. The Houston Texas 77002 based company has been outperforming the oil & gas pipelines group over the past 52 weeks, with the stock gaining 214.68%, compared to the industry which has advanced 52.09% over the same period. With RSI of 51.72, the stock should still continue to rise and get closer to its one year target estimate of $55.79, making it a hold for now.

Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. It is involved in gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, terminaling, and selling NGLs and NGL products; and gathering, storing, and terminaling crude oil and refined petroleum products. The company also purchases and resells component NGL products; sells propane and provides related logistics services to multi-state retailers, independent retailers, and other end-users; offers NGL balancing services; and provides transportation services to refineries and petrochemical companies in the Gulf Coast area. It operates approximately 23,630 miles of natural gas pipelines, including 28 owned and operated processing plants; and 39 storage wells with a net storage capacity of approximately 64 million barrels. As of December 31, 2015, the company leased and managed approximately 716 railcars; 80 owned and leased transport tractors; and 20 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas.

Newmont Mining Corporation (NEM) climbed 2.4% during last trading as the stock added $0.84 to finish the day at $35.88 with about 5.88M shares changing hands, compared to its three month average trading volume of 8.19M. The $18.98B market cap company, which fluctuated between $35.03 and $35.99 during the day, currently situated 124.39% above its 52 week low of $17.76 and -21.95% away from its one year high of $46.07. The RSI of 60.94 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

ON Semiconductor Corporation (ON) saw its value increase by 0.75% as the stock gained $0.1 to finish the day at a closing price of $13.5. The stock was lighter in trading and has fluctuated between $6.97-$13.62 per share for the past year. The shares, which traded within a range of $13.28 to $13.53 during the day, are up by 14.31% in the past three months and up by 41.21% over the past six months. It is currently trading 3.05% above its 20 day moving average and 9.47% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $14.76 a share over the next twelve months. The current relative strength index (RSI) reading is 62.35. The technical indicator lead us to believe there will be no major movement any time soon, hold.

ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. Its Application Products Group segment provides analog, mixed-signal, and advanced logic application specific integrated circuit and application specific standard product solutions; and solutions for voltage and current options, as well as foundry and manufacturing services, including integrated passive devices technology, integrated circuit (IC) design, packaging, and silicon technology offerings. The company’s Image Sensor Group segment offers complementary metal oxide semiconductor and charge-coupled device image sensors, proximity sensors, and image signal processors. Its Standard Products Group segment provides discrete and integrated semiconductor products that perform application functions, such as power switching, signal conditioning, circuit protection, signal amplification, and voltage reference; and develops lower capacitance protection and integrated signal conditioning products to support data transmission rates, micro packages, and switching and rectification technologies. The company’s System Solutions Group segment supplies analog and mixed signal ICs, digital signal processors, analog and digital tuners, intelligent power modules, and memory and discrete semiconductors. ON Semiconductor Corporation’s devices are used in various end-products, such as automotive electronics, smartphones, media tablets, wearable electronics, computers, servers, industrial building and home automation systems, consumer white goods, imaging systems, LED lighting, power supplies, networking and telecom equipment, medical diagnostics, imaging and hearing health, and sensor networks, as well as the Internet-of-Things. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corp. was founded in 1999 and is headquartered in Phoenix, Arizona.