Stocks In Queue: Oasis Petroleum Inc. (OAS), Laredo Petroleum, Inc. (LPI), Rent-A-Center, Inc. (RCII)

Oasis Petroleum Inc. (OAS) fell -0.62% during last trading as the stock lost $-0.09 to finish the day at $14.41 with about 4.24M shares changing hands, compared to its three month average trading volume of 9.28M. The $3.37B market cap company, which fluctuated between $14.32 and $14.6 during the day, currently situated 242.28% above its 52 week low of $4.03 and -15.63% away from its one year high of $17.08. The RSI of 49.31 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Laredo Petroleum, Inc. (LPI) gained $0.02 to close the day at a new closing price of $14.33, a 0.14% increase in value from its previous closing price that moved the stock 267.44% above its 52 week low of $3.9. A total of 4.2M shares exchanged hands during the day compared with its three month average trading volume of 3.16M. The stock, which fluctuated between $14.11 and $14.47 during the day, currently situated -12.99% below its 52 week high. The stock is up by 7.18% in the past one month and up by 8.07% over the past three months. With a one year target estimate of $15.44 and RSI of 56.4, the stock still has upside potential, making it a hold for now.

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

Rent-A-Center, Inc. (RCII) had a active trading with around 4.2M shares changing hands compared to its three month average trading volume of 1.67M. The stock traded between $8 and $8.52 before closing at the price of $8.32 with 4.26% change on the day. The company is currently trading 7.22% above its 52 week low of $7.76 and -47.87% below its 52 week high of $16.37. Both the RSI indicator and target price of 36.45 and $9.67 respectively, lead us to believe that it should be put on hold over the coming weeks.

Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis. The company operates through four segments: Core U.S., Acceptance Now, Mexico, and Franchising. It offers durable products, such as consumer electronics; appliances; computers, including tablets; smartphones; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and offers the rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks within retailer’s locations. It operates retail installment sales stores under the Get It Now and Home Choice names; and rent-to-own and franchised rent-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names. As of December 31, 2015, the company owned and operated approximately 2,672 stores in the United States, Canada, and Puerto Rico, including 45 retail installment sales stores; 1,444 Acceptance Now kiosk locations in 40 states and Puerto Rico; 532 Acceptance Now direct locations; and 143 stores in Mexico, as well as franchised 227 rent-to-own stores in 31 states under the Rent-A-Center, ColorTyme, and RimTyme names. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.

 

Stocks To Watch: Rennova Health, Inc. (RNVA), Oasis Petroleum Inc. (OAS), JetBlue Airways Corporation (JBLU)

Rennova Health, Inc. (RNVA) traded within a range of $0.06 to $0.06 after opening the day at $0.06. The company has seen its stock decrease in value by -28.31% so far this year. The stock was up close to 0.34% on light volume in last trading session and closed at $0.06 per share. After the recent gain, the stock is currently holding -94.87% below its 52 week high of $1.16 and 27.68% above its 12-month low of $0.05. The shares are down by over -54.23% in the last three months, and the RSI indicator value of 22.91 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Rennova Health, Inc. provides diagnostics and supportive software solutions to healthcare providers in the United States. It offers products and services, including laboratory diagnostics, healthcare technology solutions, and revenue cycle management solutions, as well as intends to provide financial services in the form of loans to physician practices. The company provides toxicology, clinical pharmacogenetics, and esoteric testing services; develops Web-based system to place lab orders, track samples, and view test reports in real time; Web-enabled laboratory information management solutions; Medical Mime, which offers an electronic health record for substance abuse and behavioral health providers; and CollabRx that enhances cancer diagnoses and treatment through actionable data analytics and reporting for oncologists and their patients. Rennova Health, Inc. was founded in 2005 and is headquartered in West Palm Beach, Florida.

Oasis Petroleum Inc. (OAS) failed to extend gains with the stock declining -1.54% or $-0.22 to close the day at $14.08 on light trading volume of 4.85M shares, compared to its three month average trading volume of 9.48M. The Houston Texas 77002 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 211.5%, compared to the industry which has advanced 52.15% over the same period. With RSI of 43.12, the stock should still continue to rise and get closer to its one year target estimate of $17.13, making it a hold for now.

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

JetBlue Airways Corporation (JBLU) gained $0.04 to close the day at a new closing price of $19.84, a 0.2% increase in value from its previous closing price that moved the stock 34.42% above its 52 week low of $14.76. A total of 4.78M shares exchanged hands during the day compared with its three month average trading volume of 6.69M. The stock, which fluctuated between $19.8 and $20.05 during the day, currently situated -16.18% below its 52 week high. The stock is down by -9.07% in the past one month and up by 3.33% over the past three months. With a one year target estimate of $25.15 and RSI of 41.98, the stock still has upside potential, making it a hold for now.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 25 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 Embraer E190 aircrafts. It also served 93 destinations in 28 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 19 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.

 

Trader’s Round Up: Oasis Petroleum Inc. (OAS), Delcath Systems, Inc. (DCTH), Tidewater Inc. (TDW)

Oasis Petroleum Inc. (OAS) grew with the stock adding 2.91% or $0.4 to close at $14.14 on light trading volume of 4.7M compared its three months average trading volume of 9.84M. The Houston Texas 77002 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 198.94% up for the period and down by -6.61% so far this year. With price target of $17.07 and a 252.62% rebound from 52-week low, Oasis Petroleum Inc. has plenty of upside potential, making it a hold with a view buy.

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

Delcath Systems, Inc. (DCTH) dropped $-0.02 to close the day at a new closing price of $0.22, a -7.71% decrease in value from its previous closing price that moved the stock 10.75% above its 52 week low of $0.2. A total of 4.59M shares exchanged hands during the day compared with its three month average trading volume of 1.93M. The stock, which fluctuated between $0.22 and $0.261 during the day, currently situated -99.8% below its 52 week high. The stock is down by -53.86% in the past one month and down by -86.49% over the past three months. With a one year target estimate of $16 and RSI of 19.8, the stock still has upside potential, making it a buy for now.

Delcath Systems, Inc. operates as a specialty pharmaceutical and medical device company focusing on cancers of the liver. The company is developing its proprietary product-Melphalan Hydrochloride for injection for use with the Delcath Hepatic Delivery System; and markets melphalan hydrochloride as a device under the trade name Delcath Hepatic CHEMOSAT Delivery System for Melphalan in Europe. Its primary focus is on the execution of its clinical development program in ocular melanoma liver metastases, intrahepatic cholangiocarcinoma, hepatocellular carcinoma, and certain other cancers that are metastatic to the liver. Delcath Systems, Inc. was founded in 1988 and is headquartered in New York, New York.

Tidewater Inc. (TDW) shares were down in last trading by -9.58% to $1.51. It experienced higher than average volume on day. The stock decreased in value by almost -26.34% over the past week and fell -57.94% in the past month. It is currently trading -49.52% below its 50 day moving average and -60.18% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -86.96% decrease in value from its one year high of $11.58. The RSI indicator value of 25.03, lead us to believe that it may correct downwards in the near term.

Tidewater Inc. provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. The company operates through Americas, Asia/Pacific, Middle East/North Africa, and Sub-Saharan Africa/Europe segments. It provides services in support of offshore exploration, field development, and production, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, remotely operated vehicle (ROV) operations, and seismic and subsea support; and various specialized services, such as pipe and cable laying. The company operates and charters deepwater vessels, including platform supply vessels, and anchor handling towing supply vessels that are used in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs and production platforms; towing-supply vessels for use in intermediate and shallow waters; and crew boats and utility vessels for use in transporting personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations. It also operates offshore tugs used for towing floating drilling rigs and barges; and assisting in the docking of tankers, as well as in pipe laying, cable laying, and construction barges. The company serves international oil and natural gas exploration, field development, and production companies; select independent exploration and production companies; foreign government-owned or government-controlled organizations and other companies; drilling contractors; and other companies, including offshore construction companies, diving companies, and well stimulation companies. As of March 31, 2016, it owned or chartered 269 vessels and 8 ROVs. Tidewater Inc. was founded in 1956 and is headquartered in New Orleans, Louisiana.

 

Trader Alert: E*TRADE Financial Corporation (ETFC), Oasis Petroleum Inc. (OAS), The Western Union Company (WU)

E*TRADE Financial Corporation (ETFC) grew with the stock adding 1.52% or $0.52 to close at $34.77 on active trading volume of 6.66M compared its three months average trading volume of 3.16M. The New York New York 10020 based company operating under the Investment Brokerage – National industry has been trending up for the last 52 weeks, with the shares price now 50.13% up for the period and up by 0.35% so far this year. With price target of $42.61 and a 77.31% rebound from 52-week low, E*TRADE Financial Corporation has plenty of upside potential, making it a hold with a view buy.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

Oasis Petroleum Inc. (OAS) gained $0.29 to close the day at a new closing price of $14.57, a 2.03% increase in value from its previous closing price that moved the stock 263.34% above its 52 week low of $4.01. A total of 6.57M shares exchanged hands during the day compared with its three month average trading volume of 10M. The stock, which fluctuated between $14.05 and $14.65 during the day, currently situated -14.7% below its 52 week high. The stock is down by -10.17% in the past one month and up by 46.29% over the past three months. With a one year target estimate of $17.07 and RSI of 47.38, the stock still has upside potential, making it a hold for now.

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

The Western Union Company (WU) shares were up in last trading by 1.22% to $19.97. It experienced higher than average volume on day. The stock increased in value by almost 1.94% over the past week and fell -10.89% in the past month. It is currently trading -6.25% below its 50 day moving average and -0.83% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -12.03% decrease in value from its one year high of $22.7. The RSI indicator value of 35.94, lead us to believe that it is a hold for now.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago Fácil, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.

 

Stocks Buzz: ARIAD Pharmaceuticals, Inc. (ARIA), Oasis Petroleum Inc. (OAS), Oclaro, Inc. (OCLR)

ARIAD Pharmaceuticals, Inc. (ARIA) failed to extend gains with the stock declining -0.13% or $-0.03 to close the day at $23.65 on active trading volume of 9.17M shares, compared to its three month average trading volume of 10.39M. The Cambridge Massachusetts 02139 based company has been outperforming the biotechnology group over the past 52 weeks, with the stock gaining 371.12%, compared to the industry which has advanced 1.57% over the same period. With RSI of 86.47, the stock should still continue to rise and get closer to its one year target estimate of $20.63, making it a hold for now.

ARIAD Pharmaceuticals, Inc., an oncology company, engages in the discovery, development, and commercialization of drugs for cancer patients in the United States and internationally. It offers Iclusig (ponatinib), a tyrosine kinase inhibitor (TKI) for the treatment of adult patients with chronic myeloid leukemia (CML), and Philadelphia chromosome-positive acute lymphoblastic leukemia in the United States, the European Union, Australia, Switzerland, Israel, and Canada. The company also develops Brigatinib, an investigational inhibitor of anaplastic lymphoma kinase for the treatment of various patients with a form of non-small cell lung cancer; and AP32788, for treating non-small cell lung cancer and various other solid tumors. It markets and sells Iclusig through specialty pharmacy in the United States. The company has license agreements with Medinol Ltd. to develop and commercialize stents and other medical devices to deliver ridaforolimus. ARIAD Pharmaceuticals, Inc. was founded in 1991 and is headquartered in Cambridge, Massachusetts.

Oasis Petroleum Inc. (OAS) retreated with the stock falling -5.71% or $-0.85 to close at $14.04 on active trading volume of 8.72M compared its three months average trading volume of 10.43M. The Houston Texas 77002 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 162.43% up for the period and down by -7.27% so far this year. With price target of $17.04 and a 250.12% rebound from 52-week low, Oasis Petroleum Inc. has plenty of upside potential, making it a hold with a view buy.

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

Oclaro, Inc. (OCLR) continued its downward trend with the stock declining -2.81% or $-0.28 to close the day at $9.68 on higher than average trading volume of 8.44M shares, compared to its three month average trading volume of 6.1M. The San Jose California 95131 based company has been outperforming the semiconductor equipment & materials companies by 28.5947% for last three months and its recent gains have pushed the stock slightly up 8.16% YTD, versus the semiconductor equipment & materials industry which is up 8.03% for the same period. The RSI of 56.73 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

 

Stocks To Watch: Oasis Petroleum Inc. (OAS), Steel Dynamics, Inc. (STLD), Whole Foods Market, Inc. (WFM)

Oasis Petroleum Inc. (OAS) traded within a range of $14.64 to $14.94 after opening the day at $14.76. The company has seen its stock decrease in value by -1.65% so far this year. The stock was down close to -0.53% on light volume in last trading session and closed at $14.89 per share. After the recent fall, the stock is currently holding -12.82% below its 52 week high of $17.08 and 271.32% above its 12-month low of $4.01. The shares are up by over 30.16% in the last three months, and the RSI indicator value of 53.93 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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

Steel Dynamics, Inc. (STLD) continued its upward trend with the stock climbing 1.57% or $0.56 to close the day at $36.23 on active trading volume of 5.45M shares, compared to its three month average trading volume of 4.07M. The Fort Wayne Indiana 46804 based company has been outperforming the steel & iron group over the past 52 weeks, with the stock gaining 112.53%, compared to the industry which has advanced 104.92% over the same period. With RSI of 50.93, the stock should still continue to rise and get closer to its one year target estimate of $40.27, making it a hold for now.

Steel Dynamics, Inc., together with its subsidiaries, manufactures and sells steel products; processes and sells recycled ferrous and nonferrous metals; and fabricates and sells steel joist and deck products in the United States and internationally. The company operates through Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations segments. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections. This segment offers its products for automotive, construction, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, management, marketing, brokerage, and consulting services related to the scrap industry. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel decks primarily for the non-residential construction industry. The company also produces pig and hot briquetted iron; and iron nugget products that are used in electric arc furnace steel mills. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

Whole Foods Market, Inc. (WFM) dropped $-0.88 to close the day at a new closing price of $30.31, a -2.82% decrease in value from its previous closing price that moved the stock 10.57% above its 52 week low of $27.67. A total of 5.42M shares exchanged hands during the day compared with its three month average trading volume of 4.94M. The stock, which fluctuated between $30.25 and $31.19 during the day, currently situated -13.64% below its 52 week high. The stock is down by -4.01% in the past one month and up by 7.1% over the past three months. With a one year target estimate of $30.38 and RSI of 43.4, the stock still has upside potential, making it a hold for now.

Whole Foods Market, Inc. operates natural and organic foods supermarkets. Its stores offers produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods. As of November 2, 2016, the company operated 464 stores in the United States, Canada, and the United Kingdom. Whole Foods Market, Inc. was founded in 1978 and is headquartered in Austin, Texas.

 

Stocks Buzz: Fitbit, Inc. (FIT), Oasis Petroleum Inc. (OAS), Teradyne, Inc. (TER)

Fitbit, Inc. (FIT) continued its upward trend with the stock climbing 1.51% or $0.11 to close the day at $7.41 on active trading volume of 8.46M shares, compared to its three month average trading volume of 12.04M. The San Francisco California 94105 based company has been underperforming the scientific & technical instruments group over the past 52 weeks, with the stock losing -53.83%, compared to the industry which has advanced 44.95% over the same period. With RSI of 46.03, the stock should still continue to rise and get closer to its one year target estimate of $10.53, making it a hold for now.

Fitbit, Inc. provides wearable health and fitness tracking devices. It offers various products, including Fitbit Zip, an entry-level wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, an activity and sleep wristband, which tracks steps, distance, calories burned, active minutes, floors climbed, and sleep. The company also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the user’s phone and SmartTrack automatic exercise recognition; and Fitbit Charge HR, a wireless heart rate and activity wristband. In addition, it offers Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and provides run cues; Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch; Aria, a Wi-Fi connected scale that tracks weight, body fat percentage, and body mass index; and Fitbit accessories that include bands and frames for Fitbit Blaze, bands for Fitbit Alta, colored bands for Fitbit Flex, colored clips for Fitbit One and Fitbit Zip, device charging cables, wireless sync dongles, band clasps, sleep bands, and Fitbit apparel. The company offers its products through consumer electronics and specialty retailers, e-Commerce retailers, sporting goods and outdoors retailers, and wireless carriers; and corporate wellness channels, as well as directly worldwide. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Oasis Petroleum Inc. (OAS) grew with the stock adding 2.04% or $0.3 to close at $14.97 on active trading volume of 8.21M compared its three months average trading volume of 10.66M. The Houston Texas 77002 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 181.39% up for the period and down by -1.12% so far this year. With price target of $16.96 and a 273.32% rebound from 52-week low, Oasis Petroleum Inc. has plenty of upside potential, making it a hold with a view buy.

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

Teradyne, Inc. (TER) continued its upward trend with the stock climbing 1.36% or $0.37 to close the day at $27.57 on higher than average trading volume of 8.13M shares, compared to its three month average trading volume of 2.17M. The North Reading Massachusetts 01864 based company has been outperforming the semiconductor equipment & materials companies by 25.9073% for last three months and its recent gains have pushed the stock slightly up 8.54% YTD, versus the semiconductor equipment & materials industry which is up 7.25% for the same period. The RSI of 69.1 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Teradyne, Inc. designs, develops, manufactures, and sells automatic test equipment worldwide. Its Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game applications, and others. This segment offers FLEX test platform systems; Magnum platform that tests memory devices, such as flash memory and dynamic random access memory; J750 test system to address the highest volume semiconductor devices; and ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the low pin count analog/mixed signal discrete markets. It serves integrated device manufacturers (IDMs) that integrate the fabrication of silicon wafers into their business; fabless companies, which outsource the manufacturing of silicon wafers; foundries; and outsourced semiconductor assembly and test providers. The company’s Wireless Test segment designs, develops, and supports wireless test equipment for developing and manufacturing wireless devices, including smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, Bluetooth, and cellular enabled devices. This segment offers IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE-FDD, TD_LTE, and LTE-A technologies for calibration and verification of smartphones, tablets, small cell wireless gateways, and embedded cellular modules; test equipment for connectivity testing; IQfact chipset software; and modular wireless test instruments. The company’s System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. Its Industrial Automation segment provides collaborative robots for manufacturing and light industrial customers. The company was founded in 1960 and is headquartered in North Reading, Massachusetts.

 

Stocks Trend Analysis: NRG Energy, Inc. (NRG), Eli Lilly and Company (LLY), Oasis Petroleum Inc. (OAS)

NRG Energy, Inc. (NRG) continued its upward trend with the stock climbing 0.99% or $0.16 to close the day at $16.37 on light trading volume of 6.63M shares, compared to its three month average trading volume of 6.87M. The Princeton New Jersey 08540 based company has been outperforming the diversified utilities group over the past 52 weeks, with the stock gaining 86.31%, compared to the industry which has advanced 26.45% over the same period. With RSI of 86.17, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

NRG Energy, Inc., together with its subsidiaries, operates as a power company. The company provides electricity; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, electric vehicle charging stations, and on-site energy solutions; carbon management and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset management services. It owns and operates approximately 50,000 megawatts of generation. The company also offers retail energy, rooftop solar, portable solar, and battery products home services; and various bundled products, which combine energy with protection products, energy efficiency, and renewable energy solutions, as well as offers installation and contract management services for residential solar customers. As of December 31, 2015, it served approximately 2.77 million recurring and 624,000 discrete customers. In addition, the company owns, operates, and develops solar and wind power projects; develops, constructs, and finances a range of solutions for utilities, schools, municipalities, and commercial markets; and trades in electric power, natural gas, and related commodity and financial products, including forwards, futures, options, and swaps. As of December 31, 2015, it operated 90 active fossil fuel and nuclear plants, 16 utility scale solar facilities, and 36 wind farms and multiple distributed solar facilities. Further, the company transacts in and trades fuel and transportation services; directly sells energy, services, and products and services to retail customers under the NRG, Reliant, and other names; and provides steam, hot water, and chilled water, as well as electricity to commercial businesses, universities, hospitals, and governmental units. NRG Energy, Inc. was founded in 1989 and is headquartered in Princeton, New Jersey.

Eli Lilly and Company (LLY) retreated with the stock falling -1.93% or $-1.47 to close at $74.85 on active trading volume of 6.59M compared its three months average trading volume of 6.3M. The Indianapolis Indiana 46285 based company operating under the Drug Manufacturers – Major industry has been trending down for the last 52 weeks, with the shares price now -5.94% down for the period and up by 1.77% so far this year. With price target of $85.05 and a 16.63% rebound from 52-week low, Eli Lilly and Company has plenty of upside potential, making it a hold with a view buy.

Eli Lilly and Company discovers, develops, manufactures, and markets pharmaceutical products worldwide. It operates through two segments, Human Pharmaceutical Products and Animal Health Products. The company offers endocrinology products to treat diabetes; osteoporosis in postmenopausal women and men; human growth hormone deficiency and pediatric growth conditions; and testosterone deficiency. It also provides neuroscience products for the treatment of depressive disorders, diabetic peripheral neuropathic pain, anxiety disorders, fibromyalgia, and chronic musculoskeletal pain; schizophrenia; attention-deficit hyperactivity disorders; depressive, obsessive-compulsive, bulimia nervosa, and panic disorders; and positron emission tomography imaging of beta-amyloid neurotic plaques in adult brains. In addition, the company offers products for the treatment of non-small cell lung, colorectal, head and neck, pancreatic, metastatic breast, ovarian, bladder, and metastatic gastric cancers, as well as malignant pleural mesothelioma; and cardiovascular products. Further, it provides animal health products, such as cattle feed additives; protein supplements for cows; leanness and performance enhancers for swine and cattle; antibiotics to treat respiratory and other diseases in cattle, swine, and poultry; anticoccidial agents for poultry; and chewable tablets that kill fleas and prevent flea infestations, heartworm diseases, roundworm diseases, hookworm diseases, and whipworm diseases. Additionally, the company offers products to treat chronic manifestations of atopic dermatitis and congestive heart failure in dogs; and chronic allergic dermatitis and kidney diseases in cats. It has a clinical collaboration agreement with Athenex, Inc.; and a research agreement with AstraZeneca for the development of clinical candidate MEDI1814 as a disease-modifying treatment for Alzheimer’s disease. Eli Lilly and Company was founded in 1876 and is headquartered in Indianapolis, Indiana.

Oasis Petroleum Inc. (OAS) managed to rebound with the stock climbing 1.68% or $0.24 to close the day at $14.49 on higher than average trading volume of 6.57M shares, compared to its three month average trading volume of 10.85M. The Houston Texas 77002 based company has been outperforming the independent oil & gas companies by 26.8305% for last three months and its recent gains have offset losses to -4.29% YTD, versus the independent oil & gas industry which is down -0.14% for the same period. The RSI of 45.61 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

 

Stocks in the Spotlight: Oasis Petroleum Inc. (OAS), Glu Mobile Inc. (GLUU), EXCO Resources, Inc. (XCO)

Oasis Petroleum Inc. (OAS) had a active trading with around 5.65M shares changing hands compared to its three month average trading volume of 10.92M. The stock traded between $14.15 and $14.39 before closing at the price of $14.25 with -1.45% change on the day. The Houston Texas 77002 based company is currently trading 255.36% above its 52 week low of $4.01 and -16.57% below its 52 week high of $17.08. Both the RSI indicator and target price of 41.21 and $16.96 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

Glu Mobile Inc. (GLUU) managed to rebound with the stock declining 0% or $0 to close the day at $2.29 on active trading volume of 5.58M shares, compared to its three month average trading volume of 2.26M. The San Francisco California 94105 based company has been underperforming the multimedia & graphics software group over the past 52 weeks, with the stock losing -3.78%, compared to the industry which has advanced 13.48% over the same period. With RSI of 58.78, the stock should still continue to rise and get closer to its one year target estimate of $2.52, making it a hold for now.

Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, celebrity, sports, and simulation genre mobile games. It creates games based on its own brands, including Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, Tap Sports Baseball, and Tap Sports Football. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, Kendall and Kylie, Katy Perry Pop, James Bond: World of Espionage, Mission Impossible: Rogue Nation, and Sniper X With Jason Statham. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.

EXCO Resources, Inc. (XCO) shares were down in last trading by -9.63% to $0.75. It experienced higher than average volume on day. The stock decreased in value by almost -15.72% over the past week and fell -27.17% in the past month. It is currently trading -25% below its 50 day moving average and -33.5% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -61.34% decrease in value from its one year high of $1.94. The RSI indicator value of 23.56, lead us to believe that it may correct downwards in the near term.

EXCO Resources, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of onshore oil and natural gas properties with a focus on shale resource plays in the United States. The company holds interests in approximately 83,800 net acres located in the Haynesville and Bossier shales of East Texas and North Louisiana; approximately 65,800 net acres situated in the Eagle Ford shale of South Texas; and approximately 137,400 net acres of prospective area located in the Marcellus shale of the Appalachian basin. As of December 31, 2015, it had proved reserves of approximately 907.3 billion cubic feet equivalent of oil and gas; and operated 6,380 gross wells. The company was founded in 1955 and is based in Dallas, Texas.

 

Stocks in the Spotlight: Johnson & Johnson (JNJ), SLM Corporation (SLM), Oasis Petroleum Inc. (OAS)

Johnson & Johnson (JNJ) had a light trading with around 5.51M shares changing hands compared to its three month average trading volume of 7.05M. The stock traded between $113.92 and $114.9 before closing at the price of $114.2 with -0.44% change on the day. The New Brunswick New Jersey 08933 based company is currently trading 24.55% above its 52 week low of $94.28 and -8.18% below its 52 week high of $126.07. Both the RSI indicator and target price of 41.04 and $125.16 respectively, lead us to believe that it should be put on hold over the coming weeks.

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates through three segments: Consumer, Pharmaceutical, and Medical Devices. The Consumer segment offers baby care products under the JOHNSON’S brand name; oral care products under the LISTERINE brand name; skin care products under the AVEENO, CLEAN & CLEAR, DABAO, JOHNSON’S Adult, LE PETITE MARSEILLAIS, LUBRIDERM, NEUTROGENA, and RoC brand names; women’s health products, such as sanitary pads under the STAYFREE and CAREFREE, and o.b. tampon brand names; wound care products, including adhesive bandages under the BAND-AID brand name and first aid products under the NEOSPORIN brand name. This segment also provides over-the-counter medicines, including acetaminophen products under the TYLENOL brand name; cold, flu, and allergy products under the SUDAFED brand name; allergy products under the BENADRYL and ZYRTEC brand names; ibuprofen products under the MOTRIN IB brand name; and heartburn products under the PEPCID brand name. The Pharmaceutical segment provides various products in the areas of immunology, infectious diseases and vaccines, neuroscience, oncology, and cardiovascular and metabolic diseases. The Medical Devices segment offers orthopaedic products; general surgery, biosurgical, endomechanical, and energy products; electrophysiology products to treat cardiovascular disease; sterilization and disinfection products to reduce surgical infection; blood glucose monitoring and insulin delivery products; and disposable contact lenses. The company offers its products to general public, retail outlets and distributors, wholesalers, hospitals, and health care professionals for prescription use, as well as for use in the professional fields by physicians, nurses, hospitals, eye care professionals, and clinics. Johnson & Johnson was founded in 1885 and is based in New Brunswick, New Jersey.

SLM Corporation (SLM) continued its upward trend with the stock climbing 2.81% or $0.31 to close the day at $11.35 on active trading volume of 5.49M shares, compared to its three month average trading volume of 4.43M. The Newark Delaware 19713 based company has been outperforming the credit services group over the past 52 weeks, with the stock gaining 109.8%, compared to the industry which has advanced 25.6% over the same period. With RSI of 58.41, the stock should still continue to rise and get closer to its one year target estimate of $12.65, making it a hold for now.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for education company in the United States. It offers private education loans to students and their families. The company also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Oasis Petroleum Inc. (OAS) shares were down in last trading by -0.48% to $14.39. It experienced lighter than average volume on day. The stock decreased in value by almost -6.68% over the past week and fell -9.04% in the past month. It is currently trading 0.59% above its 50 day moving average and 33.14% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -15.75% decrease in value from its one year high of $17.08. The RSI indicator value of 44.16, lead us to believe that it is a hold for now.

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