Traders Recap: Pioneer Natural Resources Company (PXD), Public Service Enterprise Group Incorporated (PEG), Franklin Resources, Inc. (BEN)

Pioneer Natural Resources Company (PXD) continued its downward trend with the stock declining -2.28% or $-4.51 to close the day at $193.21 on higher than average trading volume of 1.95M shares, compared to its three month average trading volume of 1.67M. The Irving Texas 75039 based company has been outperforming the independent oil & gas companies by 8.0769% for last three months and its recent gains have pushed the stock slightly up 7.3% YTD, versus the independent oil & gas industry which is down -3.29% for the same period. The RSI of 58.89 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Public Service Enterprise Group Incorporated (PEG) had a light trading with around 1.95M shares changing hands compared to its three month average trading volume of 2.37M. The stock traded between $43.24 and $43.66 before closing at the price of $43.66 with 1.04% change on the day. The Newark New Jersey 07102 based company is currently trading 12.26% above its 52 week low of $39.28 and -5.24% below its 52 week high of $47.41. Both the RSI indicator and target price of 50.98 and $45.88 respectively, lead us to believe that it should be put on hold over the coming weeks.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of approximately 11,678 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products. The company also transmits electricity; and distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and implements energy efficiency and demand response programs. In addition, it offers appliance services and repairs to customers. As of December 31, 2015, the company’s electric transmission and distribution system included 24,022 circuit miles, of which 8,226 circuit miles were underground; and 848,496 poles, of which 549,636 poles were jointly-owned, as well as 4 electric distribution headquarters and 5 sub-headquarters. It also owned and operated 18,112 miles of gas mains; owned 12 gas distribution headquarters and 2 sub-headquarters; owned 1 meter shop; operated 60 natural gas metering and regulating stations; and owned 43 switching stations with an aggregate installed capacity of 29,090 megavolt-amperes (MVA) and 246 substations with an aggregate installed capacity of 8,179 MVA. Public Service Enterprise Group Incorporated was founded in 1985 and is headquartered in Newark, New Jersey.

Franklin Resources, Inc. (BEN) traded within a range of $42.1 to $42.8 after opening the day at $42.7. The company has seen its stock increase in value by 6.85% so far this year. The stock was down close to -1.01% on light volume in last trading session and closed at $42.29 per share. After the recent fall, the stock is currently holding -1.26% below its 52 week high of $42.83 and 40.63% above its 12-month low of $30.56. The shares are up by over 9.23% in the last three months, and the RSI indicator value of 64.87 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.

 

Investor’s Alert: Pioneer Natural Resources Company (PXD), Sprint Corporation (S), Schlumberger Limited (SLB)

Pioneer Natural Resources Company (PXD) continued its upward trend with the stock climbing 0.94% or $1.86 to close the day at $198.9 on higher than average trading volume of 1.92M shares, compared to its three month average trading volume of 1.65M. The Irving Texas 75039 based company has been outperforming the independent oil & gas companies by 15.4905% for last three months and its recent gains have pushed the stock slightly up 10.46% YTD, versus the independent oil & gas industry which is down -1.75% for the same period. The RSI of 68.57 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Sprint Corporation (S) had a active trading with around 23.56M shares changing hands compared to its three month average trading volume of 18.41M. The stock traded between $8.75 and $9.18 before closing at the price of $9.07 with 2.6% change on the day. The Overland Park Kansas 66251 based company is currently trading 240.98% above its 52 week low of $2.84 and -6.01% below its 52 week high of $9.65. Both the RSI indicator and target price of 57.48 and $7.28 respectively, lead us to believe that it should be put on hold over the coming weeks.

Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates in two segments, Wireless and Wireline. The Wireless segment offers wireless data communication services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; and mobile entertainment applications. It also provides wireless voice communications services that include local and long-distance wireless voice services, as well as voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. In addition, this segment offers voice and data services internationally through roaming arrangements; and customized wireless services to large companies and government agencies, as well as sells wireless devices, broadband devices, connected devices, and accessories to agents and other third-party distributors. The Wireline segment provides wireline voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol (IP), managed network services, Voice over IP, session initiated protocol, and traditional voice services to other communications companies, and targeted business and consumer subscribers, as well as for cable multiple system operators. Sprint Corporation offers its services under the Sprint, Boost Mobile, Virgin Mobile, and Assurance Wireless brands. The company was founded in 1899 and is headquartered in Overland Park, Kansas. Sprint Corporation is a subsidiary of SoftBank Group Corp.

Schlumberger Limited (SLB) traded within a range of $81.54 to $82.5 after opening the day at $82.04. The company has seen its stock decrease in value by -1.17% so far this year. The stock was up close to 0.78% on light volume in last trading session and closed at $82.46 per share. After the recent gain, the stock is currently holding -5.55% below its 52 week high of $87.84 and 20.09% above its 12-month low of $70.4. The shares are up by over 6.1% in the last three months, and the RSI indicator value of 46.13 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

 

3 Stocks to Watch For: Pioneer Natural Resources Company (PXD), Intercontinental Exchange, Inc. (ICE), CBS Corporation (CBS)

Pioneer Natural Resources Company (PXD) saw its value increase by 1.5% as the stock gained $2.87 to finish the day at a closing price of $194.46. The stock was higher in trading and has fluctuated between $115.03-$195 per share for the past year. The shares, which traded within a range of $192.33 to $195 during the day, are up by 9.43% in the past three months and up by 11.66% over the past six months. It is currently trading 6.81% above its 20 day moving average and 5.67% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $221.75 a share over the next twelve months. The current relative strength index (RSI) reading is 64.28.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Intercontinental Exchange, Inc. (ICE) shares were up in last trading by 0.12% to $57.65. It experienced higher than average volume on day. The stock decreased in value by almost -1.52% over the past week and grew 1.43% in the past month. It is currently trading 0.2% above its 50 day moving average and 6.15% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.77% decrease in value from its one year high of $60.54. The RSI indicator value of 47.24, lead us to believe that it is a hold for now.

Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Israel, Canada, and Singapore. It operates in two segments: Trading and Clearing, and Data and Listings. The company operates marketplaces for trading and clearing an array of derivatives and securities contracts across various asset classes, including energy and agricultural commodities, interest rates, equities, equity and credit derivatives, exchange traded funds, bonds, and currencies. It primarily provides price discovery and trade execution, listings, trade processing and data repositories, clearing and related post-trade activities, data, and benchmark administration services. The company operates exchanges and marketplaces, such as ICE Futures Europe, ICE Futures U.S., ICE Futures Canada, ICE Endex, ICE Futures Singapore, and NYSE Amex and NYSE Arca Options, as well as over-the-counter markets for physical energy and credit default swaps, and central counterparty clearing houses. It serves commodity producers and consumers, financial institutions, money managers, trading firms, and other business entities; various market participants in the equities markets, such as financial institutions, institutional investors, wholesalers, hedge funds, quantitative funds, algorithmic traders, and individual investors; and members, which are entities registered as broker-dealers with the Securities and Exchange Commission. The company’s customers also comprise companies operating in a range of sectors, including technology, financial services, consumer brands, industrial, transportation, media, energy, and mining; the financial services industry; and value added resellers, such as custodians, wealth managers, software providers, and other outsourcing organizations. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

CBS Corporation (CBS) traded within a range of $64.2 to $64.82 after opening the day at $64.56. The company has seen its stock increase in value by 1.23% so far this year. The stock was up close to 0.03% on light volume in last trading session and closed at $64.4 per share. After the recent gain, the stock is currently holding -3.71% below its 52 week high of $66.88 and 57.61% above its 12-month low of $43.54. The shares are up by over 12.49% in the last three months, and the RSI indicator value of 55.54 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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

 

Equities Trend Analysis: The Dow Chemical Company (DOW), Fidelity National Information Services, Inc. (FIS), Pioneer Natural Resources Company (PXD)

The Dow Chemical Company (DOW) retreated with the stock falling -0.1% or $-0.06 to close at $59.73 on light trading volume of 4.72M compared its three months average trading volume of 6.75M. The Midland Michigan 48674 based company operating under the Chemicals – Major Diversified industry has been trending up for the last 52 weeks, with the shares price now 32.72% up for the period and up by 4.39% so far this year. With price target of $66.44 and a 39.3% rebound from 52-week low, The Dow Chemical Company has plenty of upside potential, making it a hold with a view buy.

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

Fidelity National Information Services, Inc. (FIS) had a active trading with around 4.68M shares changing hands compared to its three month average trading volume of 1.84M. The stock traded between $77.63 and $80.36 before closing at the price of $79.84 with 3.29% change on the day. The company is currently trading 47% above its 52 week low of $55.99 and -1.57% below its 52 week high of $81.67. Both the RSI indicator and target price of  and $89.4 respectively, lead us to believe that it could rise over the coming weeks.

Fidelity National Information Services, Inc., a financial services technology company, offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth management, risk and compliance, treasury, and insurance. It also provides financial consulting and outsourcing services. The company’s Integrated Financial Solutions segment offers various solutions, including core processing and ancillary applications; digital solutions, such as Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card solutions; item processing and output services; government payments solutions; e-payment solutions; and retail solutions to regional and community bank market in North America. Its Global Financial Solutions segment provides banking and payments solutions, and consulting and transformation services to financial institution worldwide, which include retail banking and payments services, securities processing and finance, asset management, global trading, corporate liquidity, insurance, wealth management, global commercial services, strategic consulting services, and public sector and education. The company delivers a range of information technology consulting, advisory, and transformational services to financial institutions under the Capco brand. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

Pioneer Natural Resources Company (PXD) saw its value increase by 3.85% as the stock gained $6.73 to finish the day at a closing price of $181.68. The stock was higher in trading and has fluctuated between $105.22-$195 per share for the past year. The shares, which traded within a range of $168.13 to $183.68 during the day, are up by 4.75% in the past three months and up by 6.08% over the past six months. It is currently trading 0.04% above its 20 day moving average and -1.08% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $219.89 a share over the next twelve months. The current relative strength index (RSI) reading is 49.11.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

 

Stocks Under Review: Pioneer Natural Resources Company (PXD), Deere & Company (DE), QVC Group (QVCA)

Pioneer Natural Resources Company (PXD) failed to extend gains with the stock declining -1.5% or $-2.76 to close the day at $181.08 on active trading volume of 2.02M shares, compared to its three month average trading volume of 1.55M. The Irving Texas 75039 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 52.5%, compared to the industry which has advanced 45.35% over the same period. With RSI of 46.65, the stock should still continue to rise and get closer to its one year target estimate of $219.89, making it a hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Deere & Company (DE) grew with the stock adding 0.06% or $0.07 to close at $108.06 on light trading volume of 2.02M compared its three months average trading volume of 3.06M. The Moline Illinois 61265 based company operating under the Farm & Construction Machinery industry has been trending up for the last 52 weeks, with the shares price now 41.71% up for the period and up by 4.87% so far this year. With price target of $102.65 and a 48.08% rebound from 52-week low, Deere & Company has plenty of upside potential, making it a hold with a view buy.

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.

QVC Group (QVCA) continued its upward trend with the stock climbing 0.27% or $0.05 to close the day at $18.8 on lower than average trading volume of 2.01M shares, compared to its three month average trading volume of 3.08M. The Englewood Colorado 80112 based company has been outperforming the catalog & mail order houses companies by 2.9054% for last three months and its recent gains have offset losses to -5.91% YTD, versus the catalog & mail order houses industry which is up 7.78% for the same period. The RSI of 36.81 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

QVC Group markets and sells a range of consumer products primarily through live merchandise-focused televised shopping programs, Internet, and mobile applications. The company’s Websites offers home, beauty, jewelry, accessories, and electronic products. It also operates as an online retailer of women’s, children’s, and men’s apparel, and children’s merchandise; and kitchen accessories and home décor products, as well as retails products through catalogs, and brick-and-mortar stores. In addition, the company distributes home and apparel lifestyle products under various brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Chasing Fireflies, and Travelsmith. Its programming distributed products to approximately 317 million homes in the United States, Japan, Germany, Austria, the United Kingdom, Ireland, Italy, and China. The company was formerly known as Liberty Interactive Group. QVC Group is based in Englewood, Colorado. QVC Group is a subsidiary of Liberty Interactive Corporation.

 

Stocks To Watch: Sprint Corporation (S), Pioneer Natural Resources Company (PXD), Vertex Pharmaceuticals Incorporated (VRTX)

Sprint Corporation (S) traded within a range of $9.05 to $9.65 after opening the day at $9.15. The company has seen its stock increase in value by 9.62% so far this year. The stock was up close to 1.32% on active volume in last trading session and closed at $9.23 per share. After the recent gain, the stock is currently holding -2.64% below its 52 week high of $9.65 and 276.73% above its 12-month low of $2.45. The shares are up by over 46.28% in the last three months, and the RSI indicator value of 62.81 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates in two segments, Wireless and Wireline. The Wireless segment offers wireless data communication services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; and mobile entertainment applications. It also provides wireless voice communications services that include local and long-distance wireless voice services, as well as voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. In addition, this segment offers voice and data services internationally through roaming arrangements; and customized wireless services to large companies and government agencies, as well as sells wireless devices, broadband devices, connected devices, and accessories to agents and other third-party distributors. The Wireline segment provides wireline voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol (IP), managed network services, Voice over IP, session initiated protocol, and traditional voice services to other communications companies, and targeted business and consumer subscribers, as well as for cable multiple system operators. Sprint Corporation offers its services under the Sprint, Boost Mobile, Virgin Mobile, and Assurance Wireless brands. The company was founded in 1899 and is headquartered in Overland Park, Kansas. Sprint Corporation is a subsidiary of SoftBank Group Corp.

Pioneer Natural Resources Company (PXD) managed to rebound with the stock climbing 0.8% or $1.43 to close the day at $180.23 on light trading volume of 1.16M shares, compared to its three month average trading volume of 1.62M. The Irving Texas 75039 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 47.46%, compared to the industry which has advanced 40.33% over the same period. With RSI of 42.36, the stock should still continue to rise and get closer to its one year target estimate of $219.7, making it a hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Vertex Pharmaceuticals Incorporated (VRTX) gained $1.49 to close the day at a new closing price of $85.87, a 1.77% increase in value from its previous closing price that moved the stock 20.17% above its 52 week low of $71.46. A total of 2.42M shares exchanged hands during the day compared with its three month average trading volume of 2M. The stock, which fluctuated between $82.66 and $85.95 during the day, currently situated -17.22% below its 52 week high. The stock is up by 15.35% in the past one month and up by 10.69% over the past three months. With a one year target estimate of $98.95 and RSI of 61.06, the stock still has upside potential, making it a hold for now.

Vertex Pharmaceuticals Incorporated engages in discovering, developing, manufacturing, and commercializing medicines for serious diseases. The company focuses on developing and commercializing therapies for the treatment of cystic fibrosis (CF) and advancing its research and development programs. It markets ORKAMBI for the treatment of patients with CF 12 years of age and older who have two copies (homozygous) of the F508del mutation in their CFTR gene; and KALYDECO (ivacaftor) for the treatment of patients with CF 6 years of age and older who have the G551D mutation in their CFTR gene. The company also develops VX-661, a corrector compound that is in a Phase III development stage in combination with ivacaftor in multiple CF patients; VX-371, an investigational epithelial sodium channel, which is in a Phase II development stage; and VX-152 and VX-440 that are CFTR corrector compounds in Phase I clinical trial. In addition, it engages in the research and mid-and early-stage development programs in the areas of oncology, pain, and neurology. The company sells its products primarily to specialty pharmacy providers and wholesalers in North America, as well as government-owned and supported customers in international markets. Vertex Pharmaceuticals Incorporated has collaborations with Cystic Fibrosis Foundation Therapeutics Incorporated; Parion Sciences, Inc.; CRISPR Therapeutics AG; BioAxone Biosciences, Inc.; Janssen Pharmaceuticals, Inc.; and Moderna Therapeutics, Inc. The company was founded in 1989 and is headquartered in Boston, Massachusetts.

 

Stocks Buzz: Pioneer Natural Resources Company (PXD), Liberty Broadband Corporation (LBRDK), CMS Energy Corporation (CMS)

Pioneer Natural Resources Company (PXD) failed to extend gains with the stock declining -0.42% or $-0.77 to close the day at $181.46 on light trading volume of 1.13M shares, compared to its three month average trading volume of 1.61M. The Irving Texas 75039 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 51.28%, compared to the industry which has advanced 44.7% over the same period. With RSI of 49.77, the stock should still continue to rise and get closer to its one year target estimate of $219.7, making it a hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Liberty Broadband Corporation (LBRDK) retreated with the stock falling -2.38% or $-2.08 to close at $85.35 on light trading volume of 1.13M compared its three months average trading volume of 595.34K. The Englewood Colorado 80112 based company operating under the Broadcasting – TV industry has been trending up for the last 52 weeks, with the shares price now 85.75% up for the period and up by 15.23% so far this year. With price target of $82.5 and a 106.66% rebound from 52-week low, Liberty Broadband Corporation has plenty of upside potential, making it a hold with a view buy.

Liberty Broadband Corporation, a cable operator, provides video programming, Internet, voice, and advanced video services to residential and commercial customers in the United States. It operates through TruePosition and Charter segments. The TruePosition segment develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services; and services in support of national security and law enforcement. This segment also operates a location network, which provides hybrid wireless positioning technology and contextual location intelligence solutions. The Charter segment offers cable services, such as digital video services; local and long distance calling; and video entertainment services, Internet access, business telephone services, data networking, and fiber connectivity to cellular towers and office buildings, as well as sells advertising on cable television networks. As of December 31, 2015, this segment served approximately 4.3 million residential video customers; 5.2 million residential Internet customers; and 2.6 million residential voice service customers, as well as 671,000 small and medium business primary service units (PSUs) and 30,000 enterprise PSUs. The company is based in Englewood, Colorado.

CMS Energy Corporation (CMS) failed to extend gains with the stock declining -0.43% or $-0.18 to close the day at $41.78 on lower than average trading volume of 1.11M shares, compared to its three month average trading volume of 1.87M. The Jackson Michigan 49201 based company has been underperforming the electric utilities companies by 1.0777% for last three months and its recent gains have pushed the stock slightly up 0.38% YTD, versus the electric utilities industry which is down -0.15% for the same period. The RSI of 48.45 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity to residential, commercial, and diversified industrial customers in Michigan’s Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants. This segment’s distribution system includes 434 miles of high-voltage distribution radial lines; 4,251 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 56,023 miles of electric distribution overhead lines; 10,383 miles of underground distribution lines; and substations with an aggregate transformer capacity of 24 million thousand volt-amperes. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segment’s gas transmission, storage, and distribution system comprises 1,686 miles of transmission lines; 15 gas storage fields with a total storage capacity of 309 billion cubic feet and a working gas volume of 151 billion cubic feet; 27,537 miles of distribution mains; and 7 compressor stations with a total of 157,939 installed and available horsepower. The Enterprises segment engages in the independent power production and marketing activities. As of December 31, 2015, this segment had ownership interests in independent power plants fueled by natural gas and biomass totaling 1,177 megawatts. The company also provides unsecured consumer installment loans for financing home improvements. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.

 

Momentum Stocks: Martin Marietta Materials, Inc. (MLM), Pioneer Natural Resources Company (PXD), Southern Copper Corporation (SCCO)

Martin Marietta Materials, Inc. (MLM) grew with the stock adding 3.2% or $7.5 to close at $242 on light trading volume of 1.43M compared its three months average trading volume of 832.20K. The Raleigh North Carolina 27607 based company operating under the General Building Materials industry has been trending up for the last 52 weeks, with the shares price now 104.13% up for the period and up by 9.24% so far this year. With price target of $0 and a 125.46% rebound from 52-week low, Martin Marietta Materials, Inc. has plenty of upside potential, making it a hold with a view buy.

Martin Marietta Materials, Inc., together with its subsidiaries, supplies aggregates products and heavy building materials for the construction industry in the United States and internationally. It operates through Mid-America Group, Southeast Group, West Group, Cement, and Magnesia Specialties segments. The company mines, processes, and sells granite, limestone, sand, gravel, and other aggregate products for use in the public infrastructure, and nonresidential and residential construction industries, as well as in the agriculture, railroad ballast, chemical, and other applications. It also offers asphalt products, ready mixed concrete, and road paving construction services; and produces Portland and specialty cements for use in infrastructure projects, and nonresidential and residential construction, as well as in the railroad, agricultural, utility, and environmental industries. In addition, the company manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for use in the steel industry. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1993 and is headquartered in Raleigh, North Carolina.

Pioneer Natural Resources Company (PXD) had a light trading with around 1.43M shares changing hands compared to its three month average trading volume of 1.61M. The stock traded between $179.85 and $181.91 before closing at the price of $180.27 with -0.27% change on the day. The Irving Texas 75039 based company is currently trading 71.42% above its 52 week low of $105.22 and -7.55% below its 52 week high of $195. Both the RSI indicator and target price of  and $219.98 respectively, lead us to believe that it could rise over the coming weeks.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Southern Copper Corporation (SCCO) saw its value increase by 1.85% as the stock gained $0.7 to finish the day at a closing price of $38.64. The stock was higher in trading and has fluctuated between $23.54-$38.7 per share for the past year. The shares, which traded within a range of $37.28 to $38.7 during the day, are up by 39.75% in the past three months and up by 46.08% over the past six months. It is currently trading 13.23% above its 20 day moving average and 15.45% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $32.53 a share over the next twelve months. The current relative strength index (RSI) reading is 80.34.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, as well as molybdenum concentrate, refined silver, gold, and other materials. It operates the Toquepala, Cuajone, La Caridad, and Buenavista mine complexes, as well as the smelting and refining plants, which produce copper with production of by-products of molybdenum, silver, and other materials. The company also operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. It has interests in 77,799 hectares of exploration concessions in Peru; 145,720 hectares of exploration concessions in Mexico; 159,831 hectares of exploration concessions in Argentina; 40,758 hectares of exploration concessions in Chile; and 2,544 hectares of exploration concessions in Ecuador. The company was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.

 

Stocks in Review: Senior Housing Properties Trust (SNH), Dominion Resources, Inc. (D), Pioneer Natural Resources Company (PXD)

Senior Housing Properties Trust (SNH) opening the day at $18.38. The company has seen its stock increase in value by 29.92% so far this year. The stock was down close to -0.14% on active volume in last trading session and closed at $18.39 per share. After the recent fall, the stock is currently holding -22.91% below its 52 week high of $23.85 and 41.45% above its 12-month low of $13.534. The shares are down by over -14.45% in the last three months, and the RSI indicator value of 44.9 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States. The trust invests in hospitals, nursing homes, senior apartments, independent living properties, and assisted living properties. As of September 30, 2005, it owned 184 properties, including 85 assisted living facilities, 61 skilled nursing facilities, 36 independent living communities, and 2 hospitals. The trust elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code. As a REIT, it would not be subject to federal income tax, if it distributes at least 90% of its REIT taxable income to its shareholders. Senior Housing Properties Trust was organized in 1998 and is based in Newton, Massachusetts.

Dominion Resources, Inc. (D) continued its upward trend with the stock climbing 1.25% or $0.93 to close the day at $75.46 on light trading volume of 2.48M shares, compared to its three month average trading volume of 2.59M. The Richmond Virginia 23219 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 20.84%, compared to the industry which has advanced 17.6% over the same period. With RSI of 61.96, the stock should still continue to rise and get closer to its one year target estimate of $77.77, making it 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.

Pioneer Natural Resources Company (PXD) gained $1.9 to close the day at a new closing price of $188.96, a 1.02% increase in value from its previous closing price that moved the stock 82.67% above its 52 week low of $103.5. A total of 2.47M shares exchanged hands during the day compared with its three month average trading volume of 1.72M. The stock, which fluctuated between $187.62 and $195 during the day, currently situated -2.99% below its 52 week high. The stock is up by 5.31% in the past one month and up by 6.86% over the past three months. With a one year target estimate of $215.63 and RSI of 57.13, the stock still has upside potential, making it a hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

 

Worth Watching Stocks: Akamai Technologies, Inc. (AKAM), Pioneer Natural Resources Company (PXD), Discover Financial Services (DFS)

Akamai Technologies, Inc. (AKAM) saw its value increase by 0.57% as the stock gained $0.36 to finish the day at a closing price of $63.87. The stock was lighter in trading and has fluctuated between $39.43-$71.04 per share for the past year. The shares are up by 15.43% in the past three months and up by 17.13% over the past six months. It is currently trading -3.53% below its 20 day moving average and 4.74% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $66.61 a share over the next twelve months. The current relative strength index (RSI) reading is 45.22.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company offers performance and security solutions designed to help Websites and business applications operate while offering protection against security threats. It also provides media content delivery solutions that are designed to deliver movies, television shows, live events, games, social media, software downloads, and other content on the Internet in fixed line and mobile networks; adaptive delivery solutions for streaming video content; and download delivery solution that offers accelerated distribution for large file downloads, including games, progressive media files, documents, and other file-based content. In addition, the company offers a suite of analytics tools to monitor online video viewer experiences and the effectiveness of Web software downloads, while measuring audience engagement, and quality of service performance; and NetStorage, a cloud storage solution, as well as media services to deliver live and on-demand content to various devices and platforms. Further, it provides cloud security solutions, which help customers avoid data theft and downtime, and protect Internet-facing infrastructure; and cloud networking solutions to help customers enhance enterprise branch office and retail store productivity and revenue by accelerating applications, reducing bandwidth costs, and extending the Internet and public clouds into private wide area networks. Additionally, the company offers network operator solutions that are designed to help carriers to operate a network that capitalizes on traffic growth and new subscriber services; and professional services and solutions. It sells its solutions through direct sales and service organization; and through active channel partners. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.

Pioneer Natural Resources Company (PXD) shares were down in last trading by -1.07% to $187.55. It experienced higher than average volume on day. The stock increased in value by almost 3.12% over the past week and grew 9.51% in the past month. It is currently trading 3.26% above its 50 day moving average and 15.13% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -3.71% decrease in value from its one year high of $194.78. The RSI indicator value of 56.82, lead us to believe that it is a hold for now.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2015, the company had proved undeveloped reserves and proved developed reserves of approximately 47 million Bbls of oil, 15 million Bbls of NGLs, and 157 billion cubic feet of gas; and owned interests in seven gas processing plants and eight treating facilities. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

Discover Financial Services (DFS) traded within a range of $66.88 to $68.23 after opening the day at $68.23. The company has seen its stock increase in value by 28.2% so far this year. The stock was down close to -1.18% on light volume in last trading session and closed at $67.26 per share. After the recent fall, the stock is currently holding -2.38% below its 52 week high of $68.9 and 59.41% above its 12-month low of $42.86. The shares are up by over 12.66% in the last three months, and the RSI indicator value of 69.46 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit. The Payment Services segment operates the Discover Network, which processes transactions for Discover-branded credit cards, and provides payment transaction processing and settlement services; and PULSE network, an electronic funds transfer network that provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines and point-of-sale terminals. This segment also operates the Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.