Equities Trend Analysis: CVS Health Corporation (CVS), Occidental Petroleum Corporation (OXY), Philip Morris International Inc. (PM)

CVS Health Corporation (CVS) grew with the stock adding 0.05% or $0.04 to close at $79.45 on light trading volume of 4.96M compared its three months average trading volume of 7.75M. The Woonsocket Rhode Island 02895 based company operating under the Health Care Plans industry has been trending down for the last 52 weeks, with the shares price now -16.39% down for the period and up by 1.29% so far this year. With price target of $86.04 and a 15.34% rebound from 52-week low, CVS Health Corporation has plenty of upside potential, making it a hold with a view buy.

CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services. It operates through Pharmacy Services and Retail/LTC segments. The Pharmacy Services segment offers pharmacy benefit management solutions, such as plan design and administration, formulary management, Medicare Part D services, mail order, specialty pharmacy and infusion services, retail pharmacy network management services, prescription management systems, clinical services, disease management programs, and medical pharmacy management services. This segment serves employers, insurance companies, unions, government employee groups, health plans, Medicare Part D plans, managed Medicaid plans, plans offered on public and private exchanges, other sponsors of health benefit plans, and individuals under the CVS Caremark Pharmacy Services, Caremark, CVS Caremark, CarePlus CVS Pharmacy, CVS Specialty, Accordant, SilverScript, NovoLogix, Coram, Navarro Health Services, and ACS Pharmacy names. As of December 31, 2016, it had 23 retail specialty pharmacy stores, 13 specialty mail order pharmacies and 4 mail order dispensing pharmacies, and 84 branches for infusion and enteral services. The Retail/LTC segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, seasonal merchandise, and greeting cards, as well as offers photo finishing services. It has 9,709 retail stores in 49 states, the District of Columbia, Puerto Rico, and Brazil primarily under the CVS Pharmacy, CVS, CVS Pharmacy y más, Longs Drugs, Navarro Discount Pharmacy, and Drogaria Onofre names; online retail pharmacy Websites; and 38 onsite pharmacy stores, long-term care pharmacy operations, and retail health care clinics. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1892 and is headquartered in Woonsocket, Rhode Island.

Occidental Petroleum Corporation (OXY) had a active trading with around 4.9M shares changing hands compared to its three month average trading volume of 4.72M. The stock traded between $66.36 and $67.38 before closing at the price of $66.44 with -1.15% change on the day. The Houston Texas 77046 based company is currently trading 4.34% above its 52 week low of $64.37 and -13.78% below its 52 week high of $78.48. Both the RSI indicator and target price of  and $76.3 respectively, lead us to believe that it could rise over the coming weeks.

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.

Philip Morris International Inc. (PM) saw its value increase by 0.06% as the stock gained $0.06 to finish the day at a closing price of $102.99. The stock was higher in trading and has fluctuated between $86.78-$104.2 per share for the past year. The shares, which traded within a range of $102.32 to $103.13 during the day, are up by 19.06% in the past three months and up by 4.95% over the past six months. It is currently trading 4.35% above its 20 day moving average and 9.83% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $103.81 a share over the next twelve months. The current relative strength index (RSI) reading is 80.93.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

 

Worth Watching Stocks: Philip Morris International Inc. (PM), The Home Depot, Inc. (HD), Deere & Company (DE)

Philip Morris International Inc. (PM) saw its value decrease by -0.15% as the stock dropped $-0.15 to finish the day at a closing price of $102.58. The stock was lighter in trading and has fluctuated between $86.78-$104.2 per share for the past year. The shares, which traded within a range of $101.79 to $102.89 during the day, are up by 16.65% in the past three months and up by 6.31% over the past six months. It is currently trading 4.98% above its 20 day moving average and 10.13% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $103.81 a share over the next twelve months. The current relative strength index (RSI) reading is 79.68.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

The Home Depot, Inc. (HD) shares were up in last trading by 1.07% to $141.36. It experienced higher than average volume on day. The stock increased in value by almost 3.45% over the past week and grew 4.68% in the past month. It is currently trading 4.27% above its 50 day moving average and 7.87% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.5% increase in value from its one year high of $141.37. The RSI indicator value of 69.17, lead us to believe that it is a hold for now.

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

Deere & Company (DE) traded within a range of $109.06 to $110.42 after opening the day at $109.88. The company has seen its stock increase in value by 6.8% so far this year. The stock was down close to -0.63% on active volume in last trading session and closed at $110.05 per share. After the recent fall, the stock is currently holding -1.9% below its 52 week high of $112.18 and 49.95% above its 12-month low of $74.91. The shares are up by over 21.5% in the last three months, and the RSI indicator value of 69.82 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

 

Trader Alert: Philip Morris International Inc. (PM), EOG Resources, Inc. (EOG), Noble Energy, Inc. (NBL)

Philip Morris International Inc. (PM) retreated with the stock falling -0.14% or $-0.14 to close at $102.63 on light trading volume of 3.1M compared its three months average trading volume of 5.16M. The New York New York 10017 based company operating under the Cigarettes industry has been trending up for the last 52 weeks, with the shares price now 21.19% up for the period and up by 12.18% so far this year. With price target of $103.81 and a 22.35% rebound from 52-week low, Philip Morris International Inc. has plenty of upside potential, making it a hold with a view buy.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

EOG Resources, Inc. (EOG) gained $1.63 to close the day at a new closing price of $101.44, a 1.63% increase in value from its previous closing price that moved the stock 63.45% above its 52 week low of $62.53. A total of 3.09M shares exchanged hands during the day compared with its three month average trading volume of 3.59M. The stock, which fluctuated between $100.57 and $102.03 during the day, currently situated -7.1% below its 52 week high. The stock is down by -3.16% in the past one month and up by 8.75% over the past three months. With a one year target estimate of $112.56 and RSI of 47.31, the stock still has upside potential, making it a hold for now.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People’s Republic of China. As of December 31, 2015, it had total estimated net proved reserves of 2,118 million barrels of oil equivalent, including 1,098 million barrels (MMBbl) crude oil and condensate reserves; 383 MMBbl of natural gas liquid reserves; and 3,825 billion cubic feet of natural gas reserves. EOG Resources, Inc. was founded in 1985 and is headquartered in Houston, Texas.

Noble Energy, Inc. (NBL) shares were up in last trading by 1.25% to $38.87. It experienced lighter than average volume on day. The stock decreased in value by almost -3.55% over the past week and grew 4.36% in the past month. It is currently trading -0.61% below its 50 day moving average and 7.06% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.28% decrease in value from its one year high of $42.03. The RSI indicator value of 46.97, lead us to believe that it is a hold for now.

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

 

Stocks In Action: Energy Transfer Equity, L.P. (ETE), Philip Morris International Inc. (PM), Corning Incorporated (GLW)

Energy Transfer Equity, L.P. (ETE) traded within a range of $18.44 to $19.27 after opening the day at $19.05. The company has seen its stock increase in value by 1.25% so far this year. The stock was up close to 1.05% on light volume in last trading session and closed at $19.25 per share. After the recent gain, the stock is currently holding -2.49% below its 52 week high of $20.05 and 419.41% above its 12-month low of $4.81. The shares are up by over 38.96% in the last three months, and the RSI indicator value of 61.62 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

Philip Morris International Inc. (PM) continued its upward trend with the stock climbing 0.98% or $1 to close the day at $102.63 on light trading volume of 4.88M shares, compared to its three month average trading volume of 5.22M. The New York New York 10017 based company has been outperforming the cigarettes group over the past 52 weeks, with the stock gaining 18.93%, compared to the industry which has advanced 9.77% over the same period. With RSI of 81.39, the stock should still continue to rise and get closer to its one year target estimate of $100.88, making it a hold for now.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

Corning Incorporated (GLW) dropped $-0.11 to close the day at a new closing price of $26.48, a -0.41% decrease in value from its previous closing price that moved the stock 54.29% above its 52 week low of $17.61. A total of 4.85M shares exchanged hands during the day compared with its three month average trading volume of 7.3M. The stock, which fluctuated between $26.46 and $26.62 during the day, currently situated -1.89% below its 52 week high. The stock is up by 8.21% in the past one month and up by 15.9% over the past three months. With a one year target estimate of $26.5 and RSI of 62.57, the stock still has upside potential, making it a hold for now.

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) used in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers subscriber demarcation, connection and protection devices, passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary, and gasoline and diesel applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment manufactures and supplies scientific laboratory products consisting of consumables, such as plastic vessels, specialty surfaces, and media, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry. It also engages in a pharmaceutical glass vessel and a tubing business; and precision materials’ non-LCD business, as well as precision laser cutting/shaping technologies, and flow reactors and adjacency businesses for glass. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

 

Stocks Under Review: Schlumberger Limited (SLB), Masco Corporation (MAS), Philip Morris International Inc. (PM)

Schlumberger Limited (SLB) failed to extend gains with the stock declining -0.98% or $-0.81 to close the day at $81.69 on active trading volume of 5.92M shares, compared to its three month average trading volume of 5.51M. The Houston Texas 77056 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 21.84%, compared to the industry which has advanced 32.35% over the same period. With RSI of 34.64, the stock should still continue to rise and get closer to its one year target estimate of $96.79, making it a hold for now.

Schlumberger Limited supplies technology products and services to the oil and gas exploration and production industry worldwide. Its Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services. Its Drilling Group segment designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services. Its Production Group segment provides well services comprising pressure pumping, well cementing, and stimulation services; coiled tubing equipment; well completion services and equipment that include packers, safety valves, and sand control technology, as well as completions technology and equipment; artificial lifts; and integrated production and production management services. Its Cameron Group segment offers integrated subsea production systems; surface systems; drilling equipment and services; and valve products and measurement systems. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Masco Corporation (MAS) retreated with the stock falling -0.15% or $-0.05 to close at $33.18 on active trading volume of 5.89M compared its three months average trading volume of 3.22M. The Taylor Michigan 48180 based company operating under the General Building Materials industry has been trending up for the last 52 weeks, with the shares price now 38.23% up for the period and up by 5.26% so far this year. With price target of $37.8 and a 45.41% rebound from 52-week low, Masco Corporation has plenty of upside potential, making it a hold with a view buy.

Masco Corporation designs, manufactures, markets, and distributes home improvement and building products in North America and internationally. The company’s Cabinets and Related Products segment offers assembled cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and integrated bathroom vanity and countertop products. Its Plumbing Products segment provides faucets, showerheads, handheld showers, valves, bathing units, shower enclosures, toilets, acrylic tub and shower systems, shower trays, spas and exercise pools, brass and copper plumbing system components, and other plumbing specialties. The company’s Decorative Architectural Products segment offers architectural coatings, including paints, primers, specialty paint and waterproofing products, and stains; cabinet, door, window, and hardware products; and bath hardware and shower accessories. Its Other Specialty Products segment provides vinyl, fiberglass, and aluminum windows and patio doors; and manual and electric heavy duty staple guns, hammer tackers, glue guns, and rivet tools. Masco Corporation sells its products under the KRAFTMAID, MERILLAT, QUALITY CABINETS, MOORES, CARDELL, DELTA, PEERLESS, HANSGROHE, AXOR, BRIZO, GINGER, NEWPORT BRASS, BRASSTECH, PLUMB SHOP, BRISTAN, HERITAGE, MIROLIN, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, COBRA, MASTER PLUMBER, BEHR, BEHR PRO, KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, ESSENCE SERIES, MILGARD, DURAFLEX, GRIFFIN, PREMIER, EVOLUTION, ARROW, POWERSHOT, and EASYSHOT brands. The company offers its products through home center retailers, mass merchandisers, hardware stores, homebuilders, distributors, and other outlets to consumers and contractors, as well as directly to consumers for home improvement and construction. Masco Corporation was founded in 1929 and is headquartered in Taylor, Michigan.

Philip Morris International Inc. (PM) failed to extend gains with the stock declining -1.1% or $-1.11 to close the day at $100 on higher than average trading volume of 5.86M shares, compared to its three month average trading volume of 5.2M. The New York New York 10017 based company has been outperforming the cigarettes companies by 5.0908% for last three months and its recent gains have pushed the stock slightly up 9.3% YTD, versus the cigarettes industry which is up 7.37% for the same period. The RSI of 76.72 indicates the stock is overbought at the current levels, sell for now.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

 

Stocks In Queue: Philip Morris International Inc. (PM), Activision Blizzard, Inc. (ATVI), Juniper Networks, Inc. (JNPR)

Philip Morris International Inc. (PM) climbed 3.01% during last trading as the stock added $2.89 to finish the day at $98.84 with about 6.16M shares changing hands, compared to its three month average trading volume of 5.05M. The $153.34B market cap company, which fluctuated between $97.25 and $99.32 during the day, currently situated 17.94% above its 52 week low of $86.78 and -3.06% away from its one year high of $104.2. The RSI of 81.11 indicates the stock is overbought at the current levels, sell for now.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

Activision Blizzard, Inc. (ATVI) dropped $0 to close the day at a new closing price of $40.47, a 0% decrease in value from its previous closing price that moved the stock 54.02% above its 52 week low of $26.49. A total of 6.11M shares exchanged hands during the day compared with its three month average trading volume of 8.71M. The stock, which fluctuated between $40.03 and $40.6 during the day, currently situated -11.15% below its 52 week high. The stock is up by 10.45% in the past one month and down by -5% over the past three months. With a one year target estimate of $48.36 and RSI of 75.29, the stock still has upside potential, making it a sell for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Juniper Networks, Inc. (JNPR) had a active trading with around 6.03M shares changing hands compared to its three month average trading volume of 4.04M. The stock traded between $26.57 and $27.27 before closing at the price of $27.24 with 1.6% change on the day. The Sunnyvale California 94089 based company is currently trading 29.66% above its 52 week low of $21.17 and -6.74% below its 52 week high of $29.21. Both the RSI indicator and target price of 46.98 and $28.81 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

Worth Watching Stocks: Philip Morris International Inc. (PM), Dominion Resources, Inc. (D), Enterprise Products Partners L.P. (EPD)

Philip Morris International Inc. (PM) saw its value increase by 0.18% as the stock gained $0.17 to finish the day at a closing price of $96.13. The stock was lighter in trading and has fluctuated between $86.78-$104.2 per share for the past year. The shares, which traded within a range of $95.75 to $96.39 during the day, are up by 0.96% in the past three months and down by -1.91% over the past six months. It is currently trading 3.41% above its 20 day moving average and 5.97% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $99.06 a share over the next twelve months. The current relative strength index (RSI) reading is 74.06.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

Dominion Resources, Inc. (D) shares were up in last trading by 1.36% to $76.28. It experienced higher than average volume on day. The stock increased in value by almost 1.07% over the past week and fell -0.92% in the past month. It is currently trading 1.88% above its 50 day moving average and 3.97% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.59% decrease in value from its one year high of $78.97. The RSI indicator value of 57.02, lead us to believe that it is a hold for now.

Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Generation segment is involved in electricity generation through coal, nuclear, gas, oil, hydro, and renewable sources; and related energy supply operations. It also comprises generation operations of the company’s merchant fleet and energy marketing, and price risk management activities for its assets. The Dominion Energy segment engages in regulated natural gas distribution operations, gas transmission pipeline and storage operations, natural gas gathering and processing activities, and liquefied natural gas operations. As of December 31, 2015, the company’s portfolio of assets included approximately 24,300 megawatts of generating capacity; 6,500 miles of electric transmission lines; 57,300 miles of electric distribution lines; 12,200 miles of natural gas transmission, gathering, and storage pipelines; and 22,000 miles of gas distribution pipelines. It served approximately 5 million utility and retail energy customers in 14 states; and operated underground natural gas storage systems with approximately 933 billion cubic feet of storage capacity. In addition, the company sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. Dominion Resources, Inc. was founded in 1909 and is headquartered in Richmond, Virginia.

Enterprise Products Partners L.P. (EPD) traded within a range of $28.07 to $28.52 after opening the day at $28.45. The company has seen its stock increase in value by 4.77% so far this year. The stock was down close to -0.42% on light volume in last trading session and closed at $28.33 per share. After the recent fall, the stock is currently holding -6.35% below its 52 week high of $30.25 and 44.25% above its 12-month low of $19.64. The shares are up by over 10.79% in the last three months, and the RSI indicator value of 56.86 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Enterprise Products Partners L.P., a master limited partnership, provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services segments. The NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, as well as NGL export docks and related services. It operates approximately 19,500 miles of NGL pipelines; NGL and related product storage facilities; 15 NGL fractionators; and a liquefied petroleum gas export terminal and NGL import facility. The Crude Oil Pipelines & Services segment operates approximately 5,400 miles of crude oil pipelines and related operations; and crude oil storage and marine terminals located in Oklahoma and Texas, as well as a fleet of 478 tractor-trailer tank trucks used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates approximately 19,100 miles of natural gas pipeline systems to gather and transport natural gas in Colorado, Louisiana, New Mexico, Texas, and Wyoming. It leases underground salt dome natural gas storage facilities in Texas and Louisiana; owns an underground salt dome storage cavern in Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related operations, including 674 miles of pipelines; butane isomerization complex, associated deisobutanizer units, and related pipeline assets; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines of approximately 4,200 miles; and terminals, as well as provides refined products marketing and marine transportation services. The company was founded in 1968 and is based in Houston, Texas.

 

3 Notable Runners: CenterPoint Energy, Inc. (CNP), Philip Morris International Inc. (PM), Cardinal Health, Inc. (CAH)

CenterPoint Energy, Inc. (CNP) continued its upward trend with the stock climbing 0.27% or $0.07 to close the day at $26.06 on lower than average trading volume of 3.1M shares, compared to its three month average trading volume of 3.52M. The Houston Texas 77002 based company has been outperforming the gas utilities companies by 16.2928% for last three months and its recent gains have pushed the stock slightly up 5.76% YTD, versus the gas utilities industry which is up 0.66% for the same period. The RSI of 68.15 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2015, this segment owned 28,474 pole miles of overhead distribution lines and 3,723 circuit miles of overhead transmission lines; 23,120 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 232 substations with a capacity of 58,674 megavolt amperes. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services, as well as sells heating, ventilating and air conditioning equipment. This segment owned approximately 74,000 linear miles of natural gas distribution mains. The company’s Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. It owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment provides gathering, processing, compression, treating, dehydration, and natural gas liquids fractionation for producer customers. This segment had approximately 12,400 miles of gathering pipelines, 7,900 miles of interstate pipelines, and approximately 2,300 miles of intrastate pipelines. The company was founded in 1882 and is headquartered in Houston, Texas.

Philip Morris International Inc. (PM) had a light trading with around 3.06M shares changing hands compared to its three month average trading volume of 5.04M. The stock traded between $95.83 and $96.84 before closing at the price of $96.32 with -0.04% change on the day. The New York New York 10017 based company is currently trading 15.21% above its 52 week low of $86.78 and -5.53% below its 52 week high of $104.2. Both the RSI indicator and target price of 74.53 and $99.06 respectively, lead us to believe that it could drop over the coming weeks.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

Cardinal Health, Inc. (CAH) traded within a range of $71.99 to $73.58 after opening the day at $73.58. The company has seen its stock increase in value by 0.69% so far this year. The stock was down close to -0.85% on light volume in last trading session and closed at $72.47 per share. After the recent fall, the stock is currently holding -16.01% below its 52 week high of $87.85 and 16.3% above its 12-month low of $62.7. The shares are down by over -1.99% in the last three months, and the RSI indicator value of 43.15 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company’s Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, hospitals, and other healthcare providers. It offers distribution, inventory management, data reporting, new product launch support, and contract pricing and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers. This segment also operates nuclear pharmacies and cyclotron facilities that manufacture, prepare, and deliver radiopharmaceuticals, as well as operates direct-to-patient specialty pharmacies; offers logistics, marketing, and other services; and repackages generic pharmaceuticals and over-the-counter healthcare products. The company’s Medical segment distributes a range of medical, surgical, and laboratory products and services to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers, as well as to patients in the home. This segment also develops, manufactures, and sources medical and surgical products comprising surgical drapes, and gowns and apparel; exam and surgical gloves; fluid suction and collection systems; cardiovascular and endovascular products; and wound care and orthopedic products, as well as assembles and offers sterile and non-sterile procedure kits. In addition, it offers supply chain services, including spend, distribution, and inventory management services to healthcare providers; and post-acute care management, and transition services and software to hospitals, other healthcare providers, and payers. The company was founded in 1979 and is headquartered in Dublin, Ohio.

 

Stocks Buzz: Philip Morris International Inc. (PM), Berkshire Hathaway Inc. (BRK-B), The Southern Company (SO)

Philip Morris International Inc. (PM) continued its upward trend with the stock climbing 0.64% or $0.61 to close the day at $96.39 on light trading volume of 4.52M shares, compared to its three month average trading volume of 5.03M. The New York New York 10017 based company has been outperforming the cigarettes group over the past 52 weeks, with the stock gaining 15.16%, compared to the industry which has advanced 6.59% over the same period. With RSI of 76.33, the stock should still continue to rise and get closer to its one year target estimate of $99.31, making it a hold for now.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.

Berkshire Hathaway Inc. (BRK-B) grew with the stock adding 2.2% or $3.53 to close at $164.25 on active trading volume of 4.47M compared its three months average trading volume of 3.78M. With price target of $192.5 and a 32.94% rebound from 52-week low, Berkshire Hathaway Inc. has plenty of upside potential, making it a hold with a view buy.

Berkshire Hathaway Inc. operates as a holding company. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, and distributes electricity from solar, wind, nuclear, geothermal, and hydro sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets. In addition, it offers real estate brokerage services; invests in fixed-income and equity instruments; and engages in manufactured housing and finance business, leasing of transportation equipment, and furniture leasing activities. Further, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and other products; flooring, insulation, roofing and engineered, building and engineered components, paint and coating, and bricks and masonry products; recreational vehicles, apparel products, jewelry, and custom picture framing products; and alkaline batteries. Additionally, it manufactures structural investment castings and forged components, machined airframe components and engineered critical fasteners; airfoil castings; titanium and nickel superalloy melted and mill products; and seamless pipes, fittings, and forgings. The company distributes newspapers, televisions, and information; franchises and services quick service restaurants; distributes electronic components; and offers steel and logistics services, professional aviation training programs, and fractional aircraft ownership programs. In addition, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchen tools; and motorcycle apparel and equipment. The company was founded in 1889 and is headquartered in Omaha, Nebraska.

The Southern Company (SO) continued its downward trend with the stock declining -0.16% or $-0.08 to close the day at $48.49 on lower than average trading volume of 4.37M shares, compared to its three month average trading volume of 5.01M. The Atlanta Georgia 30308 based company has been underperforming the electric utilities companies by -3.529% for last three months and its recent losses have pulled the stock down -1.42% YTD, versus the electric utilities industry which is down -0.03% for the same period. The RSI of 46.39 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Southern Company, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, including renewable energy projects. As of December 31, 2015, it operated 33 hydroelectric generating stations, 31 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 16 solar facilities, 1 wind facility, 1 biomass facility, and 1 landfill gas facility. The company also provides digital wireless communications services with various communication options, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data; and wholesale fiber optic solutions to telecommunication providers in the Southeast. The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia.

 

Stocks in the Spotlight: Tesla Motors, Inc. (TSLA), Occidental Petroleum Corporation (OXY), Philip Morris International Inc. (PM)

Tesla Motors, Inc. (TSLA) had a active trading with around 4.95M shares changing hands compared to its three month average trading volume of 4.72M. The stock traded between $249.65 and $254.8 before closing at the price of $254.61 with 2.29% change on the day. The Palo Alto California 94304 based company is currently trading 80.51% above its 52 week low of $141.05 and -5.47% below its 52 week high of $269.34. Both the RSI indicator and target price of 84.16 and $239.47 respectively, lead us to believe that it could drop over the coming weeks.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers. It sells its products through a network of Tesla stores and galleries, as well as through Internet. In addition, the company designs, manufactures, installs, monitors, maintains, leases, and sells solar energy systems to government, residential, and commercial customers; and sells electricity generated by solar energy systems to customers. Tesla Motors, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

Occidental Petroleum Corporation (OXY) continued its downward trend with the stock declining -0.18% or $-0.12 to close the day at $67.87 on light trading volume of 4.94M shares, compared to its three month average trading volume of 5.13M. The Houston Texas 77046 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 14.46%, compared to the industry which has advanced 62.52% over the same period. With RSI of 36.21, the stock should still continue to rise and get closer to its one year target estimate of $77, 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.

Philip Morris International Inc. (PM) shares were up in last trading by 1.08% to $95.78. It experienced lighter than average volume on day. The stock increased in value by almost 3.7% over the past week and grew 4.9% in the past month. It is currently trading 6.46% above its 50 day moving average and 0.56% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -6.06% decrease in value from its one year high of $104.2. The RSI indicator value of 73.47, lead us to believe that it may reverse gains in the near term.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. The company also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Hope in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It markets and sells its products in approximately 180 countries in the European Union, Eastern Europe, the Middle East, Africa, Asia, Latin America, and Canada. Philip Morris International Inc. was incorporated in 1987 and is based in New York, New York.