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

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

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

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

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

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

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

 

Stock’s Trend Analysis Report: Molson Coors Brewing Company (TAP), PayPal Holdings, Inc. (PYPL), NetApp, Inc. (NTAP)

Molson Coors Brewing Company (TAP) climbed 3.42% during last trading as the stock added $3.29 to finish the day at $99.5 with about 4.14M shares changing hands, compared to its three month average trading volume of 1.51M. The $21.49B market cap company, which fluctuated between $94.12 and $100.1 during the day, currently situated 21.25% above its 52 week low of $84.24 and -10.95% away from its one year high of $112.19. The RSI of 60.74 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Molson Coors Brewing Company manufactures and sells beer and other beverage products. The company sells its products under the Coors Light, Molson Canadian, Belgian Moon, Carling, Carling Black Label, Coors Altitude, Coors Banquet, Creemore Springs, the Granville Island, Keystone, Mad Jack, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Pilsner, and the Rickard’s family brands in Canada; and brews or distributes under the Amstel Light, Heineken, Murphy’s, Newcastle Brown Ale, Strongbow cider, Desperados, Dos Equis, Moretti, Sol, and Tecate brands. It also sells various brands in the United States and Puerto Rico, such as Coors Light, Miller Lite, MillerCoors, Coors Banquet, Coors Peak, Hamm’s, Keystone Light, Icehouse, Mickey’s, Miller 64, Miller Fortune, Miller Genuine Draft, Miller High Life, Milwaukee’s Best, Old English 800, Steel Reserve, Grolsch, Peroni Nastro Azzurro, Pilsner Urquell, Crispin, Smith & Forge, Blue Moon, and Jacob Leinenkugel Brewing Company brands, as well as Henry’s hard sodas; and brews or distributes under the George Killian’s Irish Red, Redd’s, Foster’s, and Molson brands. In addition, the company sells Carling, Staropramen, Apatinsko, Astika, Bergenbier, Borsodi, Branik, Coors Light, Jelen, Kamenitza, Niksicko, Noroc, Ostravar, Ozujsko, Sharp’s Doom Bar, Worthington’s, Beck’s, Belle-Vue Kriek, Hoegaarden, Leffe, Lowenbrau, Löwenweisse, Spaten, Stella Artois, Corona Extra, Rekorderlig cider, Cobra, Grolsch, Singha, and other Modelo brands; and regional ale and factored brands in Europe. Further, it sells Carling, Coors Light, Staropramen, Blue Moon, Cobra, Corona, Molson Canadian, Carling Strong, Coors, Coors 1873, Coors Extra, Coors Gold, Iceberg 9000, King Cobra, Royal Brew, Thunderbolt, and Zima brands. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company in February 2005. The Company was founded in 1786 and is headquartered in Denver, Colorado.

PayPal Holdings, Inc. (PYPL) gained $0.45 to close the day at a new closing price of $41.62, a 1.09% increase in value from its previous closing price that moved the stock 22.41% above its 52 week low of $33.81. A total of 6.48M shares exchanged hands during the day compared with its three month average trading volume of 7.04M. The stock, which fluctuated between $40.94 and $41.63 during the day, currently situated -6.51% below its 52 week high. The stock is up by 0.05% in the past one month and up by 3.84% over the past three months. With a one year target estimate of $46.83 and RSI of 62.11, the stock still has upside potential, making it a hold for now.

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

NetApp, Inc. (NTAP) had a light trading with around 2.93M shares changing hands compared to its three month average trading volume of 3.12M. The stock traded between $39.36 and $39.9 before closing at the price of $39.52 with -0.15% change on the day. The Sunnyvale California 94089 based company is currently trading 85.21% above its 52 week low of $22.5 and -0.8% below its 52 week high of $39.9. Both the RSI indicator and target price of 74.89 and $37.04 respectively, lead us to believe that it could drop over the coming weeks.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers all-flash arrays that support data management across flash, disk, and cloud resources; hybrid arrays to deploy the speed of flash storage; Data ONTAP storage operating system that delivers integrated data protection, comprehensive data management, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; and SANtricity operating system, which provides performance, reliability, and data protection for application-driven workloads. The company also provides SolidFire element operating system optimized for the storage requirements of a data center; NetApp StorageGRID software that allows organizations to store and manage massive amounts of data on premises and in the cloud; and AltaVault cloud-integrated storage solutions and services, which provide the ability to backup data to any cloud. In addition, it offers integrated data protection solutions; OnCommand management software and management integration tools; FlexArray storage virtualization software; and NetApp private storage for cloud, a family of enterprise storage solutions. Further, the company offers software and hardware maintenance, professional, and customer education and training services, as well as support solutions. It serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. The company has a partnership with DarkMatter to jointly develop and deliver secure data storage and big data analytics solutions. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.

 

Stocks Alert: Viacom, Inc. (VIAB), PayPal Holdings, Inc. (PYPL), Johnson & Johnson (JNJ)

Viacom, Inc. (VIAB) retreated with the stock falling -0.55% or $-0.24 to close at $43.65 on active trading volume of 6.26M compared its three months average trading volume of 4.09M. The New York New York 10036 based company operating under the Entertainment – Diversified industry has been trending up for the last 52 weeks, with the shares price now 39.63% up for the period and up by 24.36% so far this year. With price target of $42.83 and a 49.56% rebound from 52-week low, Viacom, Inc. has plenty of upside potential, making it a hold with a view buy.

Viacom, Inc. operates as media brand worldwide. The company creates television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences, and other entertainment content for audiences. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products for consumers through approximately 250 locally programmed and operated TV channels, including Nickelodeon, Comedy Central, MTV, VH1, SPIKE, BET, CMT, TV Land, Nick at Nite, Nick Jr., Channel 5 (UK), Logo, Nicktoons, TeenNick, Paramount Channel, and others, as well as through online, mobile, and apps. The Filmed Entertainment segment produces, finances, acquires, and distributes motion pictures, television programming, and other entertainment content under the Paramount Pictures, Paramount Animation, Nickelodeon Movies, MTV Films, and Paramount Television brands; and distributes films released under the Paramount Vantage, Paramount Classics, and Insurge Pictures brands. This segment exhibits motion pictures theatrically through home entertainment, licensing to television and digital platforms, and ancillary activities. The company releases its content through download-to-own, download-to-rent, DVDs, Blu-ray discs, transactional video-on-demand, pay television, subscription video-on-demand, basic cable television, free television, and free video-on-demand, as well as airlines and hotels. Viacom, Inc. is headquartered in New York, New York.

PayPal Holdings, Inc. (PYPL) dropped $-0.25 to close the day at a new closing price of $40.58, a -0.61% decrease in value from its previous closing price that moved the stock 26.77% above its 52 week low of $34. A total of 6.25M shares exchanged hands during the day compared with its three month average trading volume of 7.16M. The stock, which fluctuated between $40.56 and $40.86 during the day, currently situated -8.85% below its 52 week high. The stock is down by -1.7% in the past one month and down by -1.65% over the past three months. With a one year target estimate of $46.83 and RSI of 51.66, the stock still has upside potential, making it a hold for now.

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

Johnson & Johnson (JNJ) shares were up in last trading by 1.02% to $115.24. It experienced lighter than average volume on day. The stock increased in value by almost 1.41% over the past week and grew 0.44% in the past month. It is currently trading 0.96% above its 50 day moving average and -0.7% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.34% decrease in value from its one year high of $126.07. The RSI indicator value of 59.21, lead us to believe that it is a hold for now.

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

 

Traders Watch list: PayPal Holdings, Inc. (PYPL), Fifth Third Bancorp (FITB), Boston Scientific Corporation (BSX)

PayPal Holdings, Inc. (PYPL) saw its value increase by 2.15% as the stock gained $0.86 to finish the day at a closing price of $40.88. The stock was higher in trading and has fluctuated between $32.01-$44.52 per share for the past year. The shares, which traded within a range of $39.92 to $40.99 during the day, are down by -0.97% in the past three months and up by 7.3% over the past six months. It is currently trading 0.19% above its 20 day moving average and 1.75% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $46.83 a share over the next twelve months. The current relative strength index (RSI) reading is 55.32.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

Fifth Third Bancorp (FITB) shares were down in last trading by -2.27% to $25.89. It experienced higher than average volume on day. The stock decreased in value by almost -1.33% over the past week and fell -3.25% in the past month. It is currently trading -2.82% below its 50 day moving average and 21.92% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -6.67% decrease in value from its one year high of $27.88. The RSI indicator value of 42.33, lead us to believe that it is a hold for now.

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The Branch Banking segment provides deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs. The Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. The Investment Advisors segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients comprising states and municipalities. As of December 31, 2015, the company operated 1,254 full-service banking centers, including 95 Bank Mart locations, as well as 2,593 automated teller machines in 12 states throughout the Midwestern and Southeastern regions of the United States. Fifth Third Bancorp was founded in 1862 and is headquartered in Cincinnati, Ohio.

Boston Scientific Corporation (BSX) traded within a range of $25.15 to $25.32 after opening the day at $25.2. The company has seen its stock increase in value by 16.69% so far this year. The stock was up close to 0.04% on light volume in last trading session and closed at $25.24 per share. After the recent gain, the stock is currently holding -0.55% below its 52 week high of $25.38 and 61.07% above its 12-month low of $16.4. The shares are up by over 14.52% in the last three months, and the RSI indicator value of 80.64 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems. It also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters used to treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; implantable cardiac resynchronization therapy pacemaker systems used to treat heart failure; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising steerable radio frequency ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. Further, it provides products to diagnose and treat diseases of the pulmonary and gastrointestinal conditions; devices to diagnose, treat, and ease pulmonary disease systems within the airway and lungs; products to treat urinary stone disease and benign prostatic hyperplasia; mid-urethral sling products, sling and graft materials, pelvic floor reconstruction kits, and suturing devices; and spinal cord stimulator systems. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

 

Trader’s Buzzers: Bristol-Myers Squibb Company (BMY), PayPal Holdings, Inc. (PYPL), Boston Scientific Corporation (BSX)

Bristol-Myers Squibb Company (BMY) traded within a range of $50.56 to $51.09 after opening the day at $50.65. The company has seen its stock decrease in value by -12.09% so far this year. The stock was up close to 0.51% on light volume in last trading session and closed at $51.04 per share. After the recent gain, the stock is currently holding -32.92% below its 52 week high of $77.12 and 10.93% above its 12-month low of $46.01. The shares are up by over 2.32% in the last three months, and the RSI indicator value of 43.13 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, and distributes biopharmaceutical products worldwide. It offers chemically-synthesized drug or small molecule, and biologic in various therapeutic areas, including virology comprising human immunodeficiency virus infection (HIV); oncology; immunoscience; cardiovascular; and neuroscience. Its products include Baraclude for the treatment of chronic hepatitis B virus infection; Daklinza and Sunvepra for the treatment of hepatitis C virus infection; Reyataz and Sustiva for the treatment of HIV; Empliciti, a humanized monoclonal antibody for the treatment of multiple myeloma; Erbitux, an IgG1 monoclonal antibody that blocks the epidermal growth factor receptor; Opdivo, a fully human monoclonal antibody for non-small cell lung and renal cell cancer, and melanoma; Sprycel, a tyrosine kinase inhibitor for the treatment of adults with Philadelphia chromosome-positive chronic myeloid leukemia; Yervoy, a monoclonal antibody for metastatic melanoma; Abilify, an antipsychotic agent for adults with schizophrenia, bipolar mania disorder, and depressive disorder; Orencia to treat rheumatoid arthritis; and Eliquis, an oral factor Xa inhibitor targeted at stroke prevention in atrial fibrillation. Its products pipeline includes Beclabuvir, a non-nucleoside NS5B inhibitor for the treatment of HCV; BMS-663068, an investigational compound that is being studied in HIV-1; and Prostvac, a Phase III prostate-specific antigen to treat asymptomatic or minimally symptomatic metastatic castration-resistant prostate cancer. The company has clinical trial collaborations with Calithera Biosciences, Inc. and Janssen Biotech, Inc.; and a research collaboration with GeneCentric Diagnostics, Inc. The company was formerly known as Bristol-Myers Company and changed its name to Bristol-Myers Squibb Company in 1989. Bristol-Myers Squibb Company was founded in 1887 and is headquartered in New York, New York.

PayPal Holdings, Inc. (PYPL) continued its upward trend with the stock climbing 0.38% or $0.15 to close the day at $39.74 on active trading volume of 8.17M shares, compared to its three month average trading volume of 7.19M. The San Jose California 95131 based company has been outperforming the credit services group over the past 52 weeks, with the stock gaining 13.32%, compared to the industry which has advanced 28.93% over the same period. With RSI of 41.48, the stock should still continue to rise and get closer to its one year target estimate of $46.83, making it a hold for now.

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

Boston Scientific Corporation (BSX) dropped $-0.08 to close the day at a new closing price of $25.14, a -0.32% decrease in value from its previous closing price that moved the stock 60.43% above its 52 week low of $16.25. A total of 8.11M shares exchanged hands during the day compared with its three month average trading volume of 8.57M. The stock, which fluctuated between $24.85 and $25.18 during the day, currently situated -0.48% below its 52 week high. The stock is up by 14.01% in the past one month and up by 16.71% over the past three months. With a one year target estimate of $27.69 and RSI of 79.25, the stock still has upside potential, making it a sell for now.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems. It also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters used to treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; implantable cardiac resynchronization therapy pacemaker systems used to treat heart failure; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising steerable radio frequency ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. Further, it provides products to diagnose and treat diseases of the pulmonary and gastrointestinal conditions; devices to diagnose, treat, and ease pulmonary disease systems within the airway and lungs; products to treat urinary stone disease and benign prostatic hyperplasia; mid-urethral sling products, sling and graft materials, pelvic floor reconstruction kits, and suturing devices; and spinal cord stimulator systems. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

 

Momentum Stocks in Focus: Gilead Sciences Inc. (GILD), PayPal Holdings, Inc. (PYPL), U.S. Bancorp (USB)

Gilead Sciences Inc. (GILD) failed to extend gains with the stock declining -0.78% or $-0.57 to close the day at $72.25 on light trading volume of 8.75M shares, compared to its three month average trading volume of 9.8M. The Foster City California 94404 based company has been underperforming the biotechnology group over the past 52 weeks, with the stock losing -14.43%, compared to the industry which has advanced 7.3% over the same period. With RSI of 49.39, the stock should still continue to rise and get closer to its one year target estimate of $93.71, making it a hold for now.

Gilead Sciences Inc., a research-based biopharmaceutical company, discovers, develops, and commercializes medicines in areas of unmet medical needs in North America, South America, Europe, and the Asia-Pacific. The company’s products include Genvoya, Stribild, Complera/Eviplera, Atripla, Truvada, Viread, Emtriva, Tybost, and Vitekta for the treatment of human immunodeficiency virus (HIV) infection in adults; and Harvoni, Sovaldi, Viread, and Hepsera products for the treatment of liver diseases. It also offers Zydelig, a PI3K delta inhibitor, in combination with rituximab, for the treatment of certain blood cancers; Letairis, an endothelin receptor antagonist for the treatment of pulmonary arterial hypertension; Ranexa, a tablet used for the treatment of chronic angina; Lexiscan/Rapiscan injection for use as a pharmacologic stress agent in radionuclide myocardial perfusion imaging; Cayston, an inhaled antibiotic for the treatment of respiratory systems in cystic fibrosis patients; and Tamiflu, an oral antiviral capsule for the treatment and prevention of influenza A and B. In addition, the company provides other products, such as AmBisome, an antifungal agent to treat serious invasive fungal infections; and Macugen, an anti-angiogenic oligonucleotide to treat neovascular age-related macular degeneration. Further, it has product candidates in various stages of development for the treatment of HIV/AIDS and liver diseases, such as hepatitis B virus and hepatitis C virus; inflammation/oncology; serious cardiovascular; and respiratory conditions, as well as diabetic nephropathy and ebola. The company markets its products through its commercial teams and/or in conjunction with third-party distributors and corporate partners. Gilead Sciences Inc. has collaboration agreements with Bristol-Myers Squibb Company, Janssen R&D Ireland, Japan Tobacco Inc., and Galapagos NV. The company was founded in 1987 and is headquartered in Foster City, California.

PayPal Holdings, Inc. (PYPL) grew with the stock adding 0.69% or $0.27 to close at $39.58 on active trading volume of 8.74M compared its three months average trading volume of 7.19M. The San Jose California 95131 based company operating under the Credit Services industry has been trending up for the last 52 weeks, with the shares price now 6.94% up for the period and up by 0.28% so far this year. With price target of $46.65 and a 25.09% rebound from 52-week low, PayPal Holdings, Inc. has plenty of upside potential, making it a hold with a view buy.

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

U.S. Bancorp (USB) continued its upward trend with the stock climbing 0.19% or $0.1 to close the day at $53.13 on higher than average trading volume of 8.7M shares, compared to its three month average trading volume of 7.53M. The Minneapolis Minnesota 55402 based company has been outperforming the regional – midwest banks companies by 19.9326% for last three months and its recent gains have pushed the stock slightly up 3.43% YTD, versus the regional – midwest banks industry which is down -0.73% for the same period. The RSI of 65.63 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to the company’s customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as offers cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. It serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,133 banking offices primarily in the Midwest and West regions of the United States; and a network of 4,936 ATMs, as well as through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

 

3 Stocks to Watch For: Eli Lilly and Company (LLY), PayPal Holdings, Inc. (PYPL), Agilent Technologies, Inc. (A)

Eli Lilly and Company (LLY) saw its value increase by 3.12% as the stock gained $2.33 to finish the day at a closing price of $77.03. The stock was higher in trading and has fluctuated between $64.18-$83.79 per share for the past year. The shares, which traded within a range of $74 to $77.28 during the day, are up by 4.03% in the past three months and down by -6.19% over the past six months. It is currently trading 1.68% above its 20 day moving average and 5.66% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $85.76 a share over the next twelve months. The current relative strength index (RSI) reading is 62.85.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

PayPal Holdings, Inc. (PYPL) shares were down in last trading by -0.2% to $39.78. It experienced higher than average volume on day. The stock decreased in value by almost -5.2% over the past week and fell -0.45% in the past month. It is currently trading -1.08% below its 50 day moving average and 1.53% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -10.65% decrease in value from its one year high of $44.52. The RSI indicator value of 38.54, lead us to believe that it is a hold for now.

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

Agilent Technologies, Inc. (A) traded within a range of $48.01 to $49.15 after opening the day at $48.04. The company has seen its stock increase in value by 7.48% so far this year. The stock was up close to 2.73% on active volume in last trading session and closed at $48.97 per share. After the recent gain, the stock is currently holding -1.03% below its 52 week high of $49.48 and 44.97% above its 12-month low of $34.15. The shares are up by over 13.63% in the last three months, and the RSI indicator value of 61.98 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. Its Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; laboratory software and informatics systems; laboratory automation and robotic systems; dissolution testing; vacuum pumps; and measurement technologies. The company’s Diagnostics and Genomics segment provides reagents, instruments, software, and consumables; arrays for DNA mutation detection, genotyping, gene copy number determination, identification of gene rearrangements, DNA methylation profiling, and gene expression profiling, as well as sequencing target enrichment services; and equipment focused on production of synthesized oligonucleotides for use as active pharmaceutical ingredients. Its Agilent CrossLab segment offers GC and LC columns, sample preparation products, custom chemistries, and various laboratory instrument supplies; and startup, operational, training, and compliance support, as well as asset management and consultation services. The company markets and sells its products through direct sales, electronic commerce, resellers, manufacturers’ representatives, and distributors. It has a collaboration agreement with University of Leuven to focus on detecting genetic abnormalities in cell-free DNA and embryo biopsies. Agilent Technologies, Inc. was founded in 1999 and is headquartered in Santa Clara, California.

 

3 Trending Stocks: PayPal Holdings, Inc. (PYPL), Sirius XM Holdings Inc. (SIRI), Apple Inc. (AAPL)

PayPal Holdings, Inc. (PYPL) continued its downward trend with the stock declining -2.96% or $-1.23 to close the day at $40.27 on light trading volume of 22.75M shares, compared to its three month average trading volume of 6.92M. The San Jose California 95131 based company has been outperforming the credit services group over the past 52 weeks, with the stock gaining 17.61%, compared to the industry which has advanced 29.75% over the same period. With RSI of 42.13, the stock should still continue to rise and get closer to its one year target estimate of $46.65, making it a hold for now.

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

Sirius XM Holdings Inc. (SIRI) fell 0% during last trading as the stock lost $0 to finish the day at $4.75 with about 22.67M shares changing hands, compared to its three month average trading volume of 33.69M. The $22.92B market cap company, which fluctuated between $4.74 and $4.8 during the day, currently situated 44.73% above its 52 week low of $3.29 and -0.21% away from its one year high of $4.8. The RSI of 66.42 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.

Apple Inc. (AAPL) saw its value increase by 0.01% as the stock gained $0.01 to finish the day at a closing price of $121.95. The stock was lighter in trading and has fluctuated between $89.47-$122.44 per share for the past year. The shares, which traded within a range of $121.6 to $122.35 during the day, are up by 6.04% in the past three months and up by 18.11% over the past six months. It is currently trading 2.66% above its 20 day moving average and 6.04% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $133.4 a share over the next twelve months. The current relative strength index (RSI) reading is 77.19. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

 

Momentum Stocks in Focus: Boston Scientific Corporation (BSX), U.S. Bancorp (USB), PayPal Holdings, Inc. (PYPL)

Boston Scientific Corporation (BSX) managed to rebound with the stock climbing 0.17% or $0.04 to close the day at $23.58 on active trading volume of 9.12M shares, compared to its three month average trading volume of 8.89M. The Marlborough Massachusetts 01752 based company has been outperforming the medical appliances & equipment group over the past 52 weeks, with the stock gaining 35.67%, compared to the industry which has advanced 12.55% over the same period. With RSI of 68.04, the stock should still continue to rise and get closer to its one year target estimate of $27.55, making it a hold for now.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: Cardiovascular, Rhythm Management, and MedSurg. The company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems. It also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters used to treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors. In addition, the company offers cardiac rhythm management devices, such as implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; implantable cardiac resynchronization therapy pacemaker systems used to treat heart failure; and medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising steerable radio frequency ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. Further, it provides products to diagnose and treat diseases of the pulmonary and gastrointestinal conditions; devices to diagnose, treat, and ease pulmonary disease systems within the airway and lungs; products to treat urinary stone disease and benign prostatic hyperplasia; mid-urethral sling products, sling and graft materials, pelvic floor reconstruction kits, and suturing devices; and spinal cord stimulator systems. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

U.S. Bancorp (USB) grew with the stock adding 1.31% or $0.68 to close at $52.45 on active trading volume of 8.71M compared its three months average trading volume of 7.6M. The Minneapolis Minnesota 55402 based company operating under the Regional – Midwest Banks industry has been trending up for the last 52 weeks, with the shares price now 37.8% up for the period and up by 2.1% so far this year. With price target of $54 and a 45.04% rebound from 52-week low, U.S. Bancorp has plenty of upside potential, making it a hold with a view buy.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to the company’s customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as offers cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. It serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,133 banking offices primarily in the Midwest and West regions of the United States; and a network of 4,936 ATMs, as well as through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

PayPal Holdings, Inc. (PYPL) failed to extend gains with the stock declining -0.6% or $-0.25 to close the day at $41.71 on higher than average trading volume of 8.61M shares, compared to its three month average trading volume of 6.93M. The San Jose California 95131 based company has been outperforming the credit services companies by -4.9872% for last three months and its recent losses have trimmed gains to 5.68% YTD, versus the credit services industry which is up 4.35% for the same period. The RSI of 61.49 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

 

3 Notable Runners: JetBlue Airways Corporation (JBLU), Southwest Airlines Co. (LUV), PayPal Holdings, Inc. (PYPL)

JetBlue Airways Corporation (JBLU) managed to rebound with the stock climbing 1.81% or $0.38 to close the day at $21.42 on lower than average trading volume of 6.19M shares, compared to its three month average trading volume of 6.1M. The Long Island City New York 11101 based company has been outperforming the regional airlines companies by 15.2018% for last three months and its recent gains have offset losses to -4.46% YTD, versus the regional airlines industry which is up 1.53% for the same period. The RSI of 45.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Southwest Airlines Co. (LUV) had a light trading with around 6.15M shares changing hands compared to its three month average trading volume of 6.84M. The stock traded between $49.58 and $50.24 before closing at the price of $49.65 with -0.58% change on the day. The Dallas Texas 75235 based company is currently trading 47.53% above its 52 week low of $33.96 and -4.89% below its 52 week high of $52.2. Both the RSI indicator and target price of 47.47 and $59.1 respectively, lead us to believe that it should be put on hold over the coming weeks.

Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2015, it operated 704 Boeing 737 aircraft. The company served 97 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 7 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, the Dominican Republic, Costa Rica, and Belize. It also sells frequent flyer points and related services to business partners participating in the Rapid Rewards frequent flyer program, including car rental agencies, hotels, restaurants, and retailers. The company was founded in 1967 and is headquartered in Dallas, Texas.

PayPal Holdings, Inc. (PYPL) traded within a range of $41.53 to $42.04 after opening the day at $41.95. The company has seen its stock increase in value by 6.31% so far this year. The stock was up close to 0.82% on light volume in last trading session and closed at $41.96 per share. After the recent gain, the stock is currently holding -5.75% below its 52 week high of $44.52 and 33.84% above its 12-month low of $31.38. The shares are down by over -4.96% in the last three months, and the RSI indicator value of 65.66 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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