3M Company (MMM) fell -1.42% during last trading as the stock lost $-2.54 to finish the day at $175.97 with about 3.46M shares changing hands, compared to its three month average trading volume of 1.94M. The $105.95B market cap company, which fluctuated between $174.42 and $177.76 during the day, currently situated 31.38% above its 52 week low of $144.05 and -2.51% away from its one year high of $182.27. The RSI of 43.93 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
3M Company operates as a diversified technology company worldwide. The company’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products. Its Safety and Graphics segment provides personal protection products, traffic safety and security products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules, and fall protection products. The company’s Health Care segment offers medical and surgical supplies, skin health and infection prevention products, drug delivery systems, dental and orthodontic products, health information systems, and food safety products. Its Electronics and Energy segment provides optical films; packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The company’s Consumer segment offers sponges, scouring pads, high-performance cloths, consumer and office tapes, repositionable notes, indexing systems, and consumer and office tapes and adhesives, as well as construction and home improvement, home care, and protective material products. 3M Company serves automotive, electronics and energy, appliance, paper and printing, packaging, food and beverage, construction, clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, home improvement, drug and pharmacy retail, and other markets. The company sells its products through wholesalers, retailers, jobbers, distributors, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota.
Norfolk Southern Corporation (NSC) gained $3.07 to close the day at a new closing price of $116.62, a 2.7% increase in value from its previous closing price that moved the stock 84.39% above its 52 week low of $64.51. A total of 3.46M shares exchanged hands during the day compared with its three month average trading volume of 1.98M. The stock, which fluctuated between $113.3 and $117.09 during the day, currently situated 0.53% above its 52 week high. The stock is up by 7.93% in the past one month and up by 26.32% over the past three months. With a one year target estimate of $110.54 and RSI of 69.02, the stock still has upside potential, making it a hold for now.
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. It also transports overseas freight through various Atlantic and Gulf Coast ports; provides logistics services; and operates scheduled passenger trains. In addition, the company engages in the acquisition, leasing, and management of coal, oil, gas, and minerals; development of commercial real estate; telecommunications; and leasing or sale of rail property and equipment. As of March 1, 2016, it operated approximately 20,000 miles of road in 22 states and the District of Columbia. The company was founded in 1883 and is based in Norfolk, Virginia.
Pinnacle Financial Partners, Inc. (PNFP) had a active trading with around 3.46M shares changing hands compared to its three month average trading volume of 245.42K. The stock traded between $63.7 and $67.85 before closing at the price of $67.35 with 4.82% change on the day. The Nashville Tennessee 37201 based company is currently trading 56.78% above its 52 week low of $43.32 and -6.26% below its 52 week high of $71.85. Both the RSI indicator and target price of 51.32 and $65.75 respectively, lead us to believe that it should be put on hold over the coming weeks.
Pinnacle Financial Partners, Inc. operates as a bank holding company for Pinnacle Bank that provides various banking products and services in the United States. The company accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. Its loan products include commercial loans, such as equipment and working capital loans; commercial real estate loans comprising investment properties and business loans secured by real estate; and loans to individuals consisting of secured and unsecured installment and term loans and lines of credit, residential first mortgage loans, and home equity loans and lines of credit. The company also offers various securities and other financial products; investment products; brokerage and investment advisory programs; and fiduciary and investment management services, such as personal trust, endowments, foundations, individual retirement accounts, pensions, and custody. In addition, it provides insurance products primarily in the property and casualty area; merger and acquisition advisory services; and private debt, equity and mezzanine, interest rate derivatives, and other middle-market advisory services. Further, the company offers telephone and online banking, mobile banking, debit and credit cards, direct and remote deposit, and cash management services. It serves individuals, small-to medium-sized businesses, and professional entities. The company operates 44 banking locations in the Tennessee municipalities of Nashville, Knoxville, Memphis, Chattanooga, Murfreesboro, Dickson, Ashland City, Mt. Juliet, Lebanon, Franklin, Brentwood, Hendersonville, Goodlettsville, Smyrna, Shelbyville, Cleveland, and Oak Ridge. Pinnacle Financial Partners, Inc. was founded in 2000 and is headquartered in Nashville, Tennessee.