Worth Watching Stocks: Spectra Energy Corp (SE), The Williams Companies, Inc. (WMB), QUALCOMM Incorporated (QCOM)

Spectra Energy Corp (SE) saw its value decrease by -0.67% as the stock dropped $-0.28 to finish the day at a closing price of $41.41. The stock was higher in trading and has fluctuated between $27.67-$44 per share for the past year. The shares, which traded within a range of $41.05 to $41.83 during the day, are up by 4.38% in the past three months and up by 17% over the past six months. It is currently trading -0.66% below its 20 day moving average and 0.2% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $43 a share over the next twelve months. The current relative strength index (RSI) reading is 48.06.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, as well as transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of approximately 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has approximately 40,000 miles of main and service pipelines; storage capacity of approximately 163 Bcf; and transmission system of approximately 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, including water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas; produces, fractionates, transports, stores, and sells NGLs; recovers and sells condensate; and trades in and markets natural gas and NGLs. It owns or operates approximately 67,000 miles of gathering and transmission pipeline. The company was incorporated in 2006 and is headquartered in Houston, Texas.

The Williams Companies, Inc. (WMB) shares were down in last trading by -3.45% to $27.99. It experienced higher than average volume on day. The stock decreased in value by almost -2.37% over the past week and fell -1.24% in the past month. It is currently trading -5.83% below its 50 day moving average and 4.9% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -14.38% decrease in value from its one year high of $32.69. The RSI indicator value of 40.98, lead us to believe that it is a hold for now.

The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates through Williams Partners, Williams NGL (natural gas liquids) & Petchem Services, and Other segments. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area. The company also owns and operates a natural gas pipeline system extending from the San Juan basin in northwestern New Mexico and southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington; gulfstream natural gas pipeline system extending from the Mobile Bay area in Alabama to markets in Florida; and constitution pipeline that would connect its gathering system in Susquehanna County, Pennsylvania to the Iroquois Gas Transmission and Tennessee Gas Pipeline systems in New York. In addition, it provides natural gas gathering, treating, processing, and compression; NGL production, fractionation, storage, marketing, and transportation; deepwater production handling and crude oil transportation; and olefin production services, as well as transports and stores natural gas to local natural gas distribution companies, municipal utilities, direct industrial users, electric power generators, and natural gas marketers and producers. Further, the company extracts, fractionates, treats, stores, and sells ethane/ethylene, propane, propylene, normal butane, isobutene, alky feedstock, and condensate. Additionally, it provides construction management services for third parties. As of December 31, 2015, the company owned and operated approximately 13,600 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

QUALCOMM Incorporated (QCOM) traded within a range of $56.44 to $56.9 after opening the day at $56.58. The company has seen its stock decrease in value by -12.76% so far this year. The stock was up close to 0.69% on light volume in last trading session and closed at $56.88 per share. After the recent gain, the stock is currently holding -19.96% below its 52 week high of $71.62 and 29.77% above its 12-month low of $48.76. The shares are down by over -14.15% in the last three months, and the RSI indicator value of 48.45 is neither bullish nor bearish, tempting investors to stay on the sidelines.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Stocks Under Consideration: QUALCOMM Incorporated (QCOM), Biogen Inc. (BIIB), U.S. Bancorp (USB)

QUALCOMM Incorporated (QCOM) grew with the stock adding 1% or $0.55 to close at $55.48 on active trading volume of 13.06M compared its three months average trading volume of 11.87M. The San Diego California 92121 based company operating under the Communication Equipment industry has been trending up for the last 52 weeks, with the shares price now 22.97% up for the period and down by -14.91% so far this year. With price target of $65.53 and a 26.57% rebound from 52-week low, QUALCOMM Incorporated has plenty of upside potential, making it a hold with a view buy.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

Biogen Inc. (BIIB) had a active trading with around 2.4M shares changing hands compared to its three month average trading volume of 1.8M. The stock traded between $279.01 and $286.06 before closing at the price of $285.14 with 2.23% change on the day. The Cambridge Massachusetts 02142 based company is currently trading 27.85% above its 52 week low of $223.02 and -14.54% below its 52 week high of $333.65. Both the RSI indicator and target price of  and $319.98 respectively, lead us to believe that it could rise over the coming weeks.

Biogen Inc., a biopharmaceutical company, discovers, develops, manufactures, and delivers therapies for the treatment of neurological and autoimmune diseases worldwide. The company offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, ZINBRYTA, and FAMPYRA to treat multiple sclerosis (MS); FUMADERM for the treatment of plaque psoriasis; and SPINRAZA to treat spinal muscular atrophy. It also provides BENEPALI, an etanercept biosimilar referencing ENBREL; FLIXABI, an infliximab biosimilar referencing REMICADE; RITUXAN for the treatment of non-Hodgkin’s lymphoma, chronic lymphocytic leukemia (CLL), and other conditions; GAZYVA to treat CLL and follicular lymphoma; and other potential anti-CD20 therapies. The company’s Phase III clinical trial products comprise GAZYVA for the treatment of front-line indolent non-hodgkin’s lymphoma; and Aducanumab and E2609 for Alzheimer’s disease. Its Phase II clinical trial products include BIIB074 for trigeminal neuralgia, lumbosacral radiculopathy, and erythromelalgia; BAN2401 for Alzheimer’s disease; Opicinumab (anti-LINGO-1) for MS; TYSABRI for acute ischemic stroke; rAAV-XLRS for X-linked juvenile retinoschisis; BG00011 (STX-100) for idiopathic pulmonary fibrosis; and Dapirolizumab pegol and BIIB059 (Anti-BDCA02) for lupus. The company’s Phase I clinical trial products comprise BIIB061 for MS; BIIB054 for Parkinson’s disease; BIIB067 (IONIS-SOD1Rx) for amyotrophic lateral sclerosis; and BIIB068 (BTK Inhibitor) for autoimmune disease. It has collaboration agreements with AbbVie, Inc.; Acorda Therapeutics, Inc.; Applied Genetic Technologies Corporation; Eisai Co., Ltd.; Genentech, Inc.; Ionis Pharmaceuticals, Inc.; Samsung Bioepis; and University of Pennsylvania. Biogen Inc. offers products through its sales force and marketing groups. The company was formerly known as Biogen Idec Inc. and changed its name to Biogen Inc. in March 2015. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts.

U.S. Bancorp (USB) saw its value increase by 0.78% as the stock gained $0.42 to finish the day at a closing price of $54.55. The stock was higher in trading and has fluctuated between $37.48-$54.6 per share for the past year. The shares, which traded within a range of $53.84 to $54.6 during the day, are up by 14.5% in the past three months and up by 28.44% over the past six months. It is currently trading 3.9% above its 20 day moving average and 5.27% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $54 a share over the next twelve months. The current relative strength index (RSI) reading is 70.03.The technical indicator do not lead us to believe the stock will see more gains any time soon.

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.

 

Momentum Stocks: NIKE, Inc. (NKE), Citigroup Inc. (C), QUALCOMM Incorporated (QCOM)

NIKE, Inc. (NKE) grew with the stock adding 1.65% or $0.91 to close at $56.22 on light trading volume of 14.97M compared its three months average trading volume of 8.89M. The Beaverton Oregon 97005 based company operating under the Textile – Apparel Footwear & Accessories industry has been trending up for the last 52 weeks, with the shares price now 1.59% up for the period and up by 10.6% so far this year. With price target of $61.81 and a 15.13% rebound from 52-week low, NIKE, Inc. has plenty of upside potential, making it a hold with a view buy.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers products in nine categories, including running, NIKE basketball, the Jordan brand, football, men’s training, women’s training, action sports, sportswear, and golf. The company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment under the NIKE brand name for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites (direct to consumer operations), as well as independent distributors and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

Citigroup Inc. (C) had a light trading with around 14.42M shares changing hands compared to its three month average trading volume of 22.12M. The stock traded between $57.13 and $57.95 before closing at the price of $57.63 with 0.65% change on the day. The New York New York 10013 based company is currently trading 68.77% above its 52 week low of $36.61 and -6.22% below its 52 week high of $61.63. Both the RSI indicator and target price of  and $64.61 respectively, lead us to believe that it could rise over the coming weeks.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

QUALCOMM Incorporated (QCOM) saw its value increase by 2.12% as the stock gained $1.12 to finish the day at a closing price of $54. The stock was higher in trading and has fluctuated between $45.4-$71.62 per share for the past year. The shares, which traded within a range of $52.93 to $54.28 during the day, are down by -19.83% in the past three months and down by -11.1% over the past six months. It is currently trading -5.47% below its 20 day moving average and -14.14% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $65.53 a share over the next twelve months. The current relative strength index (RSI) reading is 31.85.The technical indicator lead us to believe there will be no major movement any time soon, hold.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Trader’s Buzzers: NIKE, Inc. (NKE), The Kroger Co. (KR), QUALCOMM Incorporated (QCOM)

NIKE, Inc. (NKE) traded within a range of $52.7 to $53.94 after opening the day at $52.74. The company has seen its stock increase in value by 6% so far this year. The stock was up close to 2.03% on active volume in last trading session and closed at $53.88 per share. After the recent gain, the stock is currently holding -16.9% below its 52 week high of $65.44 and 10.33% above its 12-month low of $49.01. The shares are up by over 6.22% in the last three months, and the RSI indicator value of 60.38 is neither bullish nor bearish, tempting investors to stay on the sidelines.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers products in nine categories, including running, NIKE basketball, the Jordan brand, football, men’s training, women’s training, action sports, sportswear, and golf. The company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment under the NIKE brand name for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites (direct to consumer operations), as well as independent distributors and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

The Kroger Co. (KR) continued its downward trend with the stock declining -0.73% or $-0.24 to close the day at $32.84 on active trading volume of 9.26M shares, compared to its three month average trading volume of 7.7M. The Cincinnati Ohio 45202 based company has been underperforming the grocery stores group over the past 52 weeks, with the stock losing -9.4%, compared to the industry which has advanced 0.42% over the same period. With RSI of 40.44, the stock should still continue to rise and get closer to its one year target estimate of $36, making it a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

QUALCOMM Incorporated (QCOM) dropped $-0.38 to close the day at a new closing price of $52.89, a -0.71% decrease in value from its previous closing price that moved the stock 29.69% above its 52 week low of $42.24. A total of 9.23M shares exchanged hands during the day compared with its three month average trading volume of 11.89M. The stock, which fluctuated between $52.72 and $53.39 during the day, currently situated -25.57% below its 52 week high. The stock is down by -19.44% in the past one month and down by -22.14% over the past three months. With a one year target estimate of $65.49 and RSI of 24.2, the stock still has upside potential, making it a buy for now.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Investor’s Watch List: ConocoPhillips (COP), Comcast Corporation (CMCSA), QUALCOMM Incorporated (QCOM)

ConocoPhillips (COP) had a active trading with around 8.09M shares changing hands compared to its three month average trading volume of 7.05M. The stock traded between $49.35 and $50.98 before closing at the price of $50.09 with -0.67% change on the day. The Houston Texas 77079 based company is currently trading 64.16% above its 52 week low of $31.05 and -5.79% below its 52 week high of $53.17. Both the RSI indicator and target price of 51.43 and $57.82 respectively, lead us to believe that it should be put on hold over the coming weeks.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio includes resource-rich North American tight oil and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and an inventory of conventional and unconventional exploration prospects. The company was founded in 1917 and is headquartered in Houston, Texas.

Comcast Corporation (CMCSA) failed to extend gains with the stock declining -0.96% or $-0.72 to close the day at $74.54 on active trading volume of 8.04M shares, compared to its three month average trading volume of 10.78M. The Philadelphia Pennsylvania 19103 based company has been outperforming the entertainment – diversified group over the past 52 weeks, with the stock gaining 27.59%, compared to the industry which has advanced 25.08% over the same period. With RSI of 62.35, the stock should still continue to rise and get closer to its one year target estimate of $82.07, making it a hold for now.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand. This segment also provides business services, such as Ethernet network services; cellular backhaul services to mobile network operators; and advertising services on cable networks, as well as on other platforms, such as digital, radio, and print media. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international cable networks; and cable television studio production operations, as well as owns various digital media properties, which primarily include brand-aligned Websites. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo owned local broadcast television stations, broadcast television studio production operations, and related digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes live-action and animated filmed entertainment, principally under the Universal Pictures, Illumination, and Focus Features names. This segment also develops, produces, and licenses stage plays. The Theme Parks segment operates Universal theme parks in Orlando, Florida, as well as in Hollywood, California; Universal studios theme park in Osaka, Japan; Wet ‘n Wild, a water park in Orlando, Florida; and CityWalk, a dining, retail, and entertainment complex. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and operates arena management-related businesses. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

QUALCOMM Incorporated (QCOM) shares were down in last trading by -0.19% to $52.88. It experienced lighter than average volume on day. The stock decreased in value by almost -1.36% over the past week and fell -19.33% in the past month. It is currently trading -17.45% below its 50 day moving average and -12.2% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -25.59% decrease in value from its one year high of $71.62. The RSI indicator value of 23.26, lead us to believe that it may correct downwards in the near term.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Stocks Buzz: TD Ameritrade Holding Corporation (AMTD), Starbucks Corporation (SBUX), QUALCOMM Incorporated (QCOM)

TD Ameritrade Holding Corporation (AMTD) continued its downward trend with the stock declining -9.52% or $-4.39 to close the day at $41.7 on light trading volume of 15.42M shares, compared to its three month average trading volume of 2.47M. The Omaha Nebraska 68154 based company has been outperforming the investment brokerage – national group over the past 52 weeks, with the stock gaining 62.63%, compared to the industry which has advanced 52.91% over the same period. With RSI of 28.06, the stock should still continue to rise and get closer to its one year target estimate of $49.19, making it a hold for now.

TD Ameritrade Holding Corporation provides securities brokerage services and related technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. Its products and services include tdameritrade.com, a Web platform for self-directed retail investors; Trade Architect, a Web-based platform for investors and traders to identify opportunities and stay informed; thinkorswim, a desktop platform for traders; and TD Ameritrade Mobile, which allows on-the-go investors and traders to trade and monitor accounts. The company also offers TD Ameritrade Institutional that provides brokerage and custody services to approximately 5,000 independent RIAs and their clients; TD Ameritrade’s Goal Planning, which offers investment consulting and planning services; Investools, a suite of investor education products and services for stock, option, foreign exchange, futures, mutual fund, and fixed-income investors; Amerivest, an advisory service that develops portfolios of exchange-traded funds (ETFs) and mutual funds; AdvisorDirect, a national referral service for investors; and TD Ameritrade Corporate Services that provide self-directed brokerage services to employees of corporations. In addition, it offers various retail brokerage products and services, such as common and preferred stocks; ETFs; options; futures; foreign exchange; mutual funds; fixed income products; primary and secondary offerings of fixed income securities, closed-end funds, and preferred stocks; margin lending; cash management services; and annuities. The company provides its services primarily through the Internet, a network of retail branches, mobile trading applications, interactive voice response, and registered representatives through telephone. TD Ameritrade Holding Corporation was founded in 1971 and is headquartered in Omaha, Nebraska. TD Ameritrade Holding Corporation is a subsidiary of The Toronto-Dominion Bank.

Starbucks Corporation (SBUX) retreated with the stock falling -0.06% or $-0.03 to close at $53.87 on light trading volume of 15.27M compared its three months average trading volume of 9.54M. The Seattle Washington 98134 based company operating under the Specialty Eateries industry has been trending down for the last 52 weeks, with the shares price now -8.45% down for the period and down by -2.97% so far this year. With price target of $64.73 and a 6.45% rebound from 52-week low, Starbucks Corporation has plenty of upside potential, making it a hold with a view buy.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water; an assortment of fresh food and snack offerings; and various food products, such as pastries, breakfast sandwiches, and lunch items, as well as beverage-making equipment and accessories. The company also licenses its trademarks through licensed stores, and grocery and national foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of November 3, 2016, the company operated 25,085 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.

QUALCOMM Incorporated (QCOM) continued its downward trend with the stock declining -0.92% or $-0.49 to close the day at $52.66 on higher than average trading volume of 14.48M shares, compared to its three month average trading volume of 11.94M. The San Diego California 92121 based company has been underperforming the communication equipment companies by -22.3019% for last three months and its recent losses have pulled the stock down -19.23% YTD, versus the communication equipment industry which is down -7.93% for the same period. The RSI of 22.52 indicates the stock is oversold at the current levels, buy for now.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Stocks Intraday Alert: The Kroger Co. (KR), U.S. Bancorp (USB), QUALCOMM Incorporated (QCOM)

The Kroger Co. (KR) continued its upward trend with the stock climbing 1.07% or $0.36 to close the day at $33.96 on lower than average trading volume of 5.83M shares, compared to its three month average trading volume of 8M. The Cincinnati Ohio 45202 based company has been outperforming the grocery stores companies by 8.9885% for last three months and its recent gains have offset losses to -1.59% YTD, versus the grocery stores industry which is down -1.37% for the same period. The RSI of 53.59 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

U.S. Bancorp (USB) had a light trading with around 6.73M shares changing hands compared to its three month average trading volume of 7.55M. The stock traded between $52.36 and $52.94 before closing at the price of $52.65 with -0.38% change on the day. The Minneapolis Minnesota 55402 based company is currently trading 45.6% above its 52 week low of $37.07 and -0.92% below its 52 week high of $53.14. Both the RSI indicator and target price of 61.93 and $54 respectively, lead us to believe that it should be put on hold over the coming weeks.

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.

QUALCOMM Incorporated (QCOM) traded within a range of $52.83 to $53.64 after opening the day at $53.61. The company has seen its stock decrease in value by -18.05% so far this year. The stock was down close to -0.34% on active volume in last trading session and closed at $53.43 per share. After the recent fall, the stock is currently holding -24.81% below its 52 week high of $71.62 and 31.02% above its 12-month low of $42.24. The shares are down by over -21.27% in the last three months, and the RSI indicator value of 23.69 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

3 Stocks to Watch For: Pfizer Inc. (PFE), QUALCOMM Incorporated (QCOM), Bristol-Myers Squibb Company (BMY)

Pfizer Inc. (PFE) saw its value increase by 0.45% as the stock gained $0.14 to finish the day at a closing price of $31.42. The stock was lighter in trading and has fluctuated between $28.25-$37.39 per share for the past year. The shares, which traded within a range of $31.26 to $31.54 during the day, are down by -2.06% in the past three months and down by -12.74% over the past six months. It is currently trading -3.07% below its 20 day moving average and -2.35% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $37.52 a share over the next twelve months. The current relative strength index (RSI) reading is 38.11.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Pfizer Inc. discovers, develops, manufactures, and sells healthcare products worldwide. It operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments. The GIP segment develops and commercializes medicines for various therapeutic areas, including inflammation/immunology, cardiovascular/metabolic, neuroscience/pain, and rare diseases. The VOC segment develops and commercializes vaccines, as well as products for oncology and consumer healthcare. It provides over-the-counter products comprising dietary supplements under the Centrum, Caltrate, and Emergen-C brands; pain management products under the Advil and ThermaCare brands; gastrointestinal products under the Nexium 24HR/Nexium Control and Preparation H brands; and respiratory and personal care products under the brand names of Robitussin, Advil Cold & Sinus, Advil Sinus Congestion Relief & Pain, Dimetapp, and ChapStick. The GEP segment offers products that have lost marketing exclusivity in various markets; and branded generics, generic sterile injectable products, biosimilars, infusion systems, and other products. The company serves wholesalers, retailers, hospitals, clinics, government agencies, pharmacies, and individual provider offices, as well as centers for disease control and prevention. It has licensing agreements with Cellectis SA and AstraZeneca PLC; collaborative agreements with Eli Lilly & Company, OPKO Health, Inc., BioRap Technologies LTD., Merck KGaA, and Transgene S.A.; and a research and development agreement with the National Cancer Institute. The company has a partnership with The University of Pittsburgh; and a strategic collaboration agreement with IGNITE Immunotherapy Inc. It also has a collaboration with AbCellera Biologics Inc. to discover therapeutic antibodies against undisclosed membrane protein targets. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

QUALCOMM Incorporated (QCOM) shares were up in last trading by 0.35% to $54.24. It experienced higher than average volume on day. The stock decreased in value by almost -13.74% over the past week and fell -19.35% in the past month. It is currently trading -17.32% below its 50 day moving average and -9.81% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -23.67% decrease in value from its one year high of $71.62. The RSI indicator value of 25.25, lead us to believe that it may correct downwards in the near term.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

Bristol-Myers Squibb Company (BMY) traded within a range of $47.12 to $48.62 after opening the day at $47.26. The company has seen its stock decrease in value by -17.77% so far this year. The stock was up close to 1.96% on active volume in last trading session and closed at $47.74 per share. After the recent gain, the stock is currently holding -37.26% below its 52 week high of $77.12 and 3.76% above its 12-month low of $46.01. The shares are down by over -2.51% in the last three months, and the RSI indicator value of 25.76 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

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.

 

3 Trending Stocks: Verizon Communications Inc. (VZ), QUALCOMM Incorporated (QCOM), Microsoft Corporation (MSFT)

Verizon Communications Inc. (VZ) continued its downward trend with the stock declining -0.7% or $-0.35 to close the day at $49.77 on active trading volume of 30.38M shares, compared to its three month average trading volume of 14.75M. The New York New York 10036 based company has been outperforming the telecom services – domestic group over the past 52 weeks, with the stock gaining 7.63%, compared to the industry which has advanced 14.9% over the same period. With RSI of 31.76, the stock should still continue to rise and get closer to its one year target estimate of $53.27, making it a hold for now.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, as well as offers wireless devices, including smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The company’s Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, including collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services. This segment also offers IoT services; data security services; voice and data services; and data, voice, local dial tone, and broadband services primarily to local, long distance, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

QUALCOMM Incorporated (QCOM) climbed 3.45% during last trading as the stock added $1.9 to finish the day at $56.9 with about 27.44M shares changing hands, compared to its three month average trading volume of 11.17M. The $86.12B market cap company, which fluctuated between $55.5 and $56.98 during the day, currently situated 39.52% above its 52 week low of $42.24 and -19.93% away from its one year high of $71.62. The RSI of 28.31 indicates the stock is oversold at the current levels, buy for now.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

Microsoft Corporation (MSFT) saw its value increase by 0.25% as the stock gained $0.16 to finish the day at a closing price of $63.68. The stock was lighter in trading and has fluctuated between $48.03-$64.1 per share for the past year. The shares, which traded within a range of $63.45 to $64.1 during the day, are up by 5.1% in the past three months and up by 13.65% over the past six months. It is currently trading 1.49% above its 20 day moving average and 3.25% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $65.91 a share over the next twelve months. The current relative strength index (RSI) reading is 63.34. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, and Skype, as well as related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. Its Intelligent Cloud segment licenses server products and cloud services, such as SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products. The company’s More Personal Computing segment comprises Windows OEM, volume, and other non-volume licensing of the Windows operating system, as well as patent licensing, Windows Embedded, MSN display advertising, and Windows Phone licensing system; devices, including Microsoft Surface, phones, and PC accessories; and search advertising, including Bing and Bing Ads. This segment also provides gaming platforms, including Xbox hardware, Xbox Live, video games, and third-party video games. The company markets and distributes its products through original equipment manufacturers (OEM), distributors, and resellers, as well as through online and Microsoft retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.

 

3 Stocks to Watch For: QUALCOMM Incorporated (QCOM), Chesapeake Energy Corporation (CHK), Intel Corporation (INTC)

QUALCOMM Incorporated (QCOM) saw its value increase by 0.22% as the stock gained $0.12 to finish the day at a closing price of $55. The stock was higher in trading and has fluctuated between $42.24-$71.62 per share for the past year. The shares, which traded within a range of $54.7 to $55.77 during the day, are down by -18.4% in the past three months and down by -7.95% over the past six months. It is currently trading -15.5% below its 20 day moving average and -17.01% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $73.63 a share over the next twelve months. The current relative strength index (RSI) reading is 19.09.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

Chesapeake Energy Corporation (CHK) shares were up in last trading by 3.44% to $6.91. It experienced lighter than average volume on day. The stock decreased in value by almost -1.43% over the past week and fell -7% in the past month. It is currently trading 0.84% above its 50 day moving average and 18.54% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.73% decrease in value from its one year high of $8.2. The RSI indicator value of 50.27, lead us to believe that it is a hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Intel Corporation (INTC) traded within a range of $36.81 to $37.74 after opening the day at $36.84. The company has seen its stock increase in value by 3.72% so far this year. The stock was up close to 2.31% on active volume in last trading session and closed at $37.62 per share. After the recent gain, the stock is currently holding -1.19% below its 52 week high of $38.36 and 39.17% above its 12-month low of $27.68. The shares are up by over 7.84% in the last three months, and the RSI indicator value of 64.45 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services, and All Other segments. The company’s platforms are used in various computing applications comprising notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, retail devices, and manufacturing devices, as well as for retail, transportation, industrial, buildings, home use, and other market segments. It offers microprocessors that processes system data and controls other devices in the system; chipsets, which send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives; and system-on-chip products that integrate its central processing units with other system components onto a single chip. The company also provides communication and connectivity offerings, such as baseband processors, radio frequency transceivers, and power management integrated circuits; and tablet, phone, and Internet of Things solutions, which include multimode 4G LTE modems, Bluetooth technology and GPS receivers, software solutions, and interoperability tests, as well as home gateway and set-top box components. In addition, it offers security solutions for computers, mobile devices, and networks, as well as software and services for technology integration; NAND flash memory products, which are used in solid-state drives; and custom foundry services, including custom silicon, packaging, and manufacturing test services. The company sells its products primarily to original equipment manufacturers, original design manufacturers, and industrial and communications equipment manufacturers in the computing and communications industries. Intel Corporation was founded in 1968 and is based in Santa Clara, California.