Three Movers to Watch for: J. C. Penney Company, Inc. (JCP), Rite Aid Corporation (RAD), The Western Union Company (WU)

  1. C. Penney Company, Inc. (JCP) retreated with the stock falling -1.68% or $-0.12 to close at $7.02 on light trading volume of 18.56M compared its three months average trading volume of 20.17M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending up for the last 52 weeks, with the shares price now 0.43% up for the period and down by -15.52% so far this year. With price target of $10.18 and a 10.55% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Rite Aid Corporation (RAD) gained $0.09 to close the day at a new closing price of $5.7, a 1.6% increase in value from its previous closing price that moved the stock 9.62% above its 52 week low of $5.2. A total of 17.04M shares exchanged hands during the day compared with its three month average trading volume of 23.62M. The stock, which fluctuated between $5.62 and $5.76 during the day, currently situated -35.01% below its 52 week high. The stock is down by -34.48% in the past one month and down by -19.03% over the past three months. With a one year target estimate of $7.75 and RSI of 29.96, the stock still has upside potential, making it a buy for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

The Western Union Company (WU) shares were down in last trading by -1.06% to $19.53. It experienced higher than average volume on day. The stock decreased in value by almost -1.51% over the past week and fell -11.71% in the past month. It is currently trading -7.71% below its 50 day moving average and -3.05% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.96% decrease in value from its one year high of $22.7. The RSI indicator value of 33.79, lead us to believe that it is a hold for now.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago Fácil, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.

Three Movers to Watch for: Rite Aid Corporation (RAD), Calpine Corporation (CPN), Rennova Health, Inc. (RNVA)

Rite Aid Corporation (RAD) grew with the stock adding 2.81% or $0.15 to close at $5.48 on light trading volume of 15.51M compared its three months average trading volume of 23.81M. The Camp Hill Pennsylvania 17011 based company operating under the Drug Stores industry has been trending down for the last 52 weeks, with the shares price now -29.56% down for the period and down by -33.5% so far this year. With price target of $7.75 and a 5.38% rebound from 52-week low, Rite Aid Corporation has plenty of upside potential, making it a hold with a view buy.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Calpine Corporation (CPN) dropped $-0.34 to close the day at a new closing price of $11.08, a -2.98% decrease in value from its previous closing price that moved the stock 6.64% above its 52 week low of $10.39. A total of 14.49M shares exchanged hands during the day compared with its three month average trading volume of 4.41M. The stock, which fluctuated between $10.9 and $11.54 during the day, currently situated -31.05% below its 52 week high. The stock is down by -6.5% in the past one month and down by -3.32% over the past three months. With a one year target estimate of $15.63 and RSI of 38.75, the stock still has upside potential, making it a hold for now.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities and other governmental entities, and power marketers, as well as retail commercial, industrial, and residential customers. As of February 5, 2016, it owned and operated 84 power plants, including 1 under construction with an aggregate generation capacity of 27,282 megawatts and 760 megawatts under construction. Calpine Corporation was founded in 1984 and is based in Houston, Texas.

Rennova Health, Inc. (RNVA) shares were down in last trading by -3.8% to $0.06. It experienced higher than average volume on day. The stock decreased in value by almost -11.88% over the past week and fell -27.36% in the past month. It is currently trading -36.37% below its 50 day moving average and -79.92% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -94.76% decrease in value from its one year high of $1.16. The RSI indicator value of 31.04, lead us to believe that it is a hold for now.

Rennova Health, Inc. provides diagnostics and supportive software solutions to healthcare providers in the United States. It offers products and services, including laboratory diagnostics, healthcare technology solutions, and revenue cycle management solutions, as well as intends to provide financial services in the form of loans to physician practices. The company provides toxicology, clinical pharmacogenetics, and esoteric testing services; develops Web-based system to place lab orders, track samples, and view test reports in real time; Web-enabled laboratory information management solutions; Medical Mime, which offers an electronic health record for substance abuse and behavioral health providers; and CollabRx that enhances cancer diagnoses and treatment through actionable data analytics and reporting for oncologists and their patients. Rennova Health, Inc. was founded in 2005 and is headquartered in West Palm Beach, Florida.

 

Momentum Stocks: Rite Aid Corporation (RAD), Macy’s, Inc. (M), JetBlue Airways Corporation (JBLU)

Rite Aid Corporation (RAD) retreated with the stock falling 0% or $0 to close at $5.29 on light trading volume of 10.42M compared its three months average trading volume of 23.87M. The Camp Hill Pennsylvania 17011 based company operating under the Drug Stores industry has been trending down for the last 52 weeks, with the shares price now -31.74% down for the period and down by -35.8% so far this year. With price target of $7.75 and a 1.73% rebound from 52-week low, Rite Aid Corporation has plenty of upside potential, making it a hold with a view buy.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Macy’s, Inc. (M) had a light trading with around 10.41M shares changing hands compared to its three month average trading volume of 8.19M. The stock traded between $31.02 and $32.15 before closing at the price of $31.2 with -1.86% change on the day. The Cincinnati Ohio 45202 based company is currently trading 9.28% above its 52 week low of $28.55 and -30.64% below its 52 week high of $45.5. Both the RSI indicator and target price of  and $35.6 respectively, lead us to believe that it could rise over the coming weeks.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of January 4, 2017, it operated approximately 880 stores in the United States, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Bluemercury brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

JetBlue Airways Corporation (JBLU) saw its value decrease by -3.28% as the stock dropped $-0.64 to finish the day at a closing price of $18.86. The stock was higher in trading and has fluctuated between $14.76-$23.67 per share for the past year. The shares, which traded within a range of $18.78 to $19.56 during the day, are up by 10.88% in the past three months and up by 9.97% over the past six months. It is currently trading -9.81% below its 20 day moving average and -12.05% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $25.31 a share over the next twelve months. The current relative strength index (RSI) reading is 28.73.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

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.

 

3 Trending Stocks: Southwestern Energy Company (SWN), Naked Brand Group Inc. (NAKD), Rite Aid Corporation (RAD)

Southwestern Energy Company (SWN) continued its upward trend with the stock climbing 1.18% or $0.11 to close the day at $9.43 on active trading volume of 21.31M shares, compared to its three month average trading volume of 15.29M. The Spring Texas 77389 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 6.67%, compared to the industry which has advanced 42.02% over the same period. With RSI of 41.29, the stock should still continue to rise and get closer to its one year target estimate of $13.45, making it a hold for now.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

Naked Brand Group Inc. (NAKD) fell -12.59% during last trading as the stock lost $-0.35 to finish the day at $2.43 with about 21.03M shares changing hands, compared to its three month average trading volume of 581.26K. The $22.7M market cap company, which fluctuated between $2.33 and $4.75 during the day, currently situated 195.84% above its 52 week low of $0.82 and -33.97% away from its one year high of $4.75. The RSI of 66.75 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Naked Brand Group Inc. designs, manufactures, and sells men’s and women’s underwear, intimate apparel, loungewear, and sleepwear products in the United States and Canada. It offers various innerwear products for men, including boxer briefs, trunks, briefs, undershirts, T-shirts, lounge pants, lounge shorts, and robes; and loungewear and sleepwear products for women, such as boyshorts, hipsters, lounge pants and tops, camisoles, tank tops, pajamas, chemises, sleepshirts, and robes primarily under the Naked brand name. The company sells its products to consumers and retailers through wholesale channels; and direct-to-consumer channel, which consists of an online e-commerce store, wearnaked.com. Naked Brand Group Inc. is headquartered in New York, New York.

Rite Aid Corporation (RAD) saw its value increase by 0.38% as the stock gained $0.02 to finish the day at a closing price of $5.27. The stock was lighter in trading and has fluctuated between $5.2-$8.77 per share for the past year. The shares, which traded within a range of $5.23 to $5.38 during the day, are down by -19.05% in the past three months and down by -23.84% over the past six months. It is currently trading -29.27% below its 20 day moving average and -33.1% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $7.75 a share over the next twelve months. The current relative strength index (RSI) reading is 16.63. The technical indicator led us to believe the stock will reverse recent losses any time soon.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

 

Stocks Trend Analysis: Rite Aid Corporation (RAD), Chesapeake Energy Corporation (CHK), AK Steel Holding Corporation (AKS)

Rite Aid Corporation (RAD) continued its downward trend with the stock declining -6.23% or $-0.35 to close the day at $5.27 on active trading volume of 51.09M shares, compared to its three month average trading volume of 22.82M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -33.04%, compared to the industry which has advanced 0.95% over the same period. With RSI of 15.96, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Chesapeake Energy Corporation (CHK) retreated with the stock falling -0.78% or $-0.05 to close at $6.4 on light trading volume of 33.96M compared its three months average trading volume of 49.2M. The Oklahoma City Oklahoma 73118 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 114.05% up for the period and down by -8.83% so far this year. With price target of $7.65 and a 326.67% rebound from 52-week low, Chesapeake Energy Corporation has plenty of upside potential, making it a hold with a view buy.

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.

AK Steel Holding Corporation (AKS) continued its downward trend with the stock declining -3.59% or $-0.29 to close the day at $7.79 on higher than average trading volume of 30.83M shares, compared to its three month average trading volume of 23.18M. The West Chester Ohio 45069 based company has been outperforming the steel & iron companies by 49.63% for last three months and its recent gains have offset losses to -23.7% YTD, versus the steel & iron industry which is up 3.28% for the same period. The RSI of 30.11 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

 

Stocks Trend Analysis: Rite Aid Corporation (RAD), Chesapeake Energy Corporation (CHK), Fitbit, Inc. (FIT)

Rite Aid Corporation (RAD) failed to extend gains with the stock declining -17.46% or $-1.21 to close the day at $5.72 on light trading volume of 112.64M shares, compared to its three month average trading volume of 20.79M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -26.57%, compared to the industry which has advanced 0.06% over the same period. With RSI of 17.99, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Chesapeake Energy Corporation (CHK) retreated with the stock falling -6.65% or $-0.46 to close at $6.46 on active trading volume of 56.72M compared its three months average trading volume of 49.18M. The Oklahoma City Oklahoma 73118 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 90.56% up for the period and down by -7.98% so far this year. With price target of $7.65 and a 330.67% rebound from 52-week low, Chesapeake Energy Corporation has plenty of upside potential, making it a hold with a view buy.

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.

Fitbit, Inc. (FIT) continued its downward trend with the stock declining -15.95% or $-1.15 to close the day at $6.06 on higher than average trading volume of 48.03M shares, compared to its three month average trading volume of 12.14M. The San Francisco California 94105 based company has been outperforming the scientific & technical instruments companies by -56.1497% for last three months and its recent losses have pulled the stock down -17.21% YTD, versus the scientific & technical instruments industry which is up 2.46% for the same period. The RSI of 24.91 indicates the stock is oversold at the current levels, buy for now.

Fitbit, Inc. provides wearable health and fitness tracking devices. It offers various products, including Fitbit Zip, an entry-level wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, an activity and sleep wristband, which tracks steps, distance, calories burned, active minutes, floors climbed, and sleep. The company also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the user’s phone and SmartTrack automatic exercise recognition; and Fitbit Charge HR, a wireless heart rate and activity wristband. In addition, it offers Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and provides run cues; Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch; Aria, a Wi-Fi connected scale that tracks weight, body fat percentage, and body mass index; and Fitbit accessories that include bands and frames for Fitbit Blaze, bands for Fitbit Alta, colored bands for Fitbit Flex, colored clips for Fitbit One and Fitbit Zip, device charging cables, wireless sync dongles, band clasps, sleep bands, and Fitbit apparel. The company offers its products through consumer electronics and specialty retailers, e-Commerce retailers, sporting goods and outdoors retailers, and wireless carriers; and corporate wellness channels, as well as directly worldwide. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

 

Investor’s Alert: Paychex, Inc. (PAYX), Ameriprise Financial, Inc. (AMP), Rite Aid Corporation (RAD)

Paychex, Inc. (PAYX) continued its downward trend with the stock declining -0.46% or $-0.28 to close the day at $61.17 on lower than average trading volume of 1.01M shares, compared to its three month average trading volume of 2.1M. The Rochester New York 14625 based company has been outperforming the staffing & outsourcing services companies by 10.8512% for last three months and its recent gains have pushed the stock slightly up 0.48% YTD, versus the staffing & outsourcing services industry which is down -0.16% for the same period. The RSI of 53.43 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Paychex, Inc. provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that include payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It also provides human resource outsourcing services, such as Paychex HR solutions comprising payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, the company offers insurance services for property and casualty coverage, such as workers’ compensation, business-owner policies, commercial auto, and health and benefits coverage, including health, dental, vision, and life; cloud-based human resource administration software products for employee benefits management and administration, and time and attendance solutions; and other human resource services and products, such as employee handbooks, management manuals, and personnel and required regulatory forms. Further, it provides various accounting and financial services to small- to medium-sized businesses, which include purchasing of accounts receivable as a means of providing funding to clients in the temporary staffing industry; a cloud-based accounting service; payment processing services; payment distribution services; and a small-business loan resource center. Paychex, Inc. markets its products and services through direct sales force. The company was founded in 1979 and is headquartered in Rochester, New York.

Ameriprise Financial, Inc. (AMP) had a light trading with around 1.01M shares changing hands compared to its three month average trading volume of 1.23M. The stock traded between $113.18 and $115.63 before closing at the price of $113.4 with -1.29% change on the day. The Minneapolis Minnesota 55474 based company is currently trading 52.92% above its 52 week low of $76 and -4.96% below its 52 week high of $119.32. Both the RSI indicator and target price of 49.37 and $134.22 respectively, lead us to believe that it should be put on hold over the coming weeks.

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. The company’s Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. Its Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force. This segment’s products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property funds. The company’s Annuities segment provides variable and fixed annuity products to individual clients through affiliated and unaffiliated advisors, and financial institutions. Its Protection segment offers various products to address the protection and risk management needs of retail clients, including life, disability income, and property casualty insurance through advisors and affinity relationships. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

Rite Aid Corporation (RAD) traded within a range of $6.26 to $7.02 after opening the day at $6.85. The company has seen its stock decrease in value by -15.9% so far this year. The stock was up close to 2.21% on active volume in last trading session and closed at $6.93 per share. After the recent gain, the stock is currently holding -20.98% below its 52 week high of $8.77 and 9.48% above its 12-month low of $6.26. The shares are up by over 2.06% in the last three months, and the RSI indicator value of 29.14 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

 

Stocks Trend Analysis: Rite Aid Corporation (RAD), AK Steel Holding Corporation (AKS), Mattel, Inc. (MAT)

Rite Aid Corporation (RAD) continued its downward trend with the stock declining -1.74% or $-0.12 to close the day at $6.78 on active trading volume of 40.82M shares, compared to its three month average trading volume of 19.21M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -12.29%, compared to the industry which has advanced 2.44% over the same period. With RSI of 23.9, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

AK Steel Holding Corporation (AKS) retreated with the stock falling -0.85% or $-0.07 to close at $8.19 on active trading volume of 40.1M compared its three months average trading volume of 24.38M. The West Chester Ohio 45069 based company operating under the Steel & Iron industry has been trending up for the last 52 weeks, with the shares price now 322.16% up for the period and down by -19.78% so far this year. With price target of $10.32 and a 342.7% rebound from 52-week low, AK Steel Holding Corporation has plenty of upside potential, making it a hold with a view buy.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

Mattel, Inc. (MAT) failed to extend gains with the stock declining -17.65% or $-5.57 to close the day at $25.99 on higher than average trading volume of 36.05M shares, compared to its three month average trading volume of 3.95M. The El Segundo California 90245 based company has been underperforming the toys & games companies by -19.2019% for last three months and its recent losses have pulled the stock down -5.66% YTD, versus the toys & games industry which is down -0.36% for the same period. The RSI of 31.39 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, including Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and DC Comics. The company also provides its products under the Fisher-Price brands, such as Fisher-Price, Little People, BabyGear, Laugh & Learn, Imaginext, Thomas & Friends, Dora the Explorer, Mickey Mouse Clubhouse, Disney Jake, the Never Land Pirates, and Power Wheels. In addition, it offers its products under the American Girl brands comprising Truly Me, BeForever, and Bitty Baby; and construction, and arts and crafts brands, such as MEGA BLOKS, RoseArt, and Board Dudes, as well as publishes the American Girl magazine. Mattel, Inc. sells its products directly to consumers via its catalog, Website, and proprietary retail stores, as well as directly to retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; to wholesalers; and through agents and distributors. The company was founded in 1945 and is headquartered in El Segundo, California.

 

Stocks Under Review: Rite Aid Corporation (RAD), Patterson-UTI Energy, Inc. (PTEN), United States Steel Corporation (X)

Rite Aid Corporation (RAD) failed to extend gains with the stock declining -0.72% or $-0.05 to close the day at $6.9 on active trading volume of 31.61M shares, compared to its three month average trading volume of 18.8M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -11.31%, compared to the industry which has advanced 2.24% over the same period. With RSI of 25.14, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Patterson-UTI Energy, Inc. (PTEN) grew with the stock adding 5.67% or $1.53 to close at $28.53 on light trading volume of 24.35M compared its three months average trading volume of 3.44M. The Houston Texas 77067 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 141.3% up for the period and up by 5.98% so far this year. With price target of $27.98 and a 150.55% rebound from 52-week low, Patterson-UTI Energy, Inc. has plenty of upside potential, making it a hold with a view buy.

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas. The Contract Drilling segment markets its contract drilling services primarily in Texas, New Mexico, Louisiana, Colorado, Wyoming, North Dakota, Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. As of December 31, 2015, this segment had a drilling fleet of 221 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, as well as hydraulic and nitrogen fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Oil and Natural Gas segment owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

United States Steel Corporation (X) failed to extend gains with the stock declining -3.22% or $-1.07 to close the day at $32.15 on higher than average trading volume of 23.87M shares, compared to its three month average trading volume of 18.83M. The Pittsburgh Pennsylvania 15219 based company has been outperforming the steel & iron companies by 64.0695% for last three months and its recent gains have offset losses to -2.61% YTD, versus the steel & iron industry which is up 4.03% for the same period. The RSI of 43.5 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

 

3 Stocks in Focus: Rite Aid Corporation (RAD), Advanced Micro Devices, Inc. (AMD), Verizon Communications Inc. (VZ)

Rite Aid Corporation (RAD) climbed 0.72% during last trading as the stock added $0.05 to finish the day at $6.95 with about 55.26M shares changing hands, compared to its three month average trading volume of 18.01M. The $8.43B market cap company, which fluctuated between $6.72 and $7.18 during the day, currently situated 9.79% above its 52 week low of $6.33 and -20.75% away from its one year high of $8.77. The RSI of 26.02 indicates the stock is oversold at the current levels, buy for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

#VALUE!

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

Verizon Communications Inc. (VZ) had a active trading with around 43.47M shares changing hands compared to its three month average trading volume of 14.36M. The stock traded between $49.79 and $50.79 before closing at the price of $50.12 with -4.37% change on the day. The New York New York 10036 based company is currently trading 12.37% above its 52 week low of $46.01 and -9.13% below its 52 week high of $56.95. Both the RSI indicator and target price of 34.25 and $53.27 respectively, lead us to believe that it should be put on hold over the coming weeks.

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.