3 Notable Runners: Citigroup Inc. (C), KeyCorp (KEY), AT&T Inc. (T)

Citigroup Inc. (C) failed to extend gains with the stock declining -2.1% or $-1.25 to close the day at $58.38 on higher than average trading volume of 25.14M shares, compared to its three month average trading volume of 21.2M. The New York New York 10013 based company has been outperforming the money center banks companies by 20.3173% for last three months and its recent gains have offset losses to -1.77% YTD, versus the money center banks industry which is up 3.93% for the same period. The RSI of 43.25 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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.

KeyCorp (KEY) had a active trading with around 24.98M shares changing hands compared to its three month average trading volume of 15.6M. The stock traded between $17.69 and $18.4 before closing at the price of $17.71 with -4.68% change on the day. The Cleveland Ohio 44114 based company is currently trading 83.94% above its 52 week low of $9.88 and -5.65% below its 52 week high of $18.77. Both the RSI indicator and target price of 42.57 and $19.65 respectively, lead us to believe that it should be put on hold over the coming weeks.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services. As of December 31, 2015, the company operated 966 retail banking branches and 1,257 automated teller machines in 12 states, as well as a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

AT&T Inc. (T) traded within a range of $40.76 to $41.14 after opening the day at $41. The company has seen its stock decrease in value by -2.22% so far this year. The stock was up close to 0.37% on light volume in last trading session and closed at $41.11 per share. After the recent gain, the stock is currently holding -3.35% below its 52 week high of $43.89 and 28.91% above its 12-month low of $33.43. The shares are up by over 6.04% in the last three months, and the RSI indicator value of 55.32 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

 

Worth Watching Stocks: AT&T Inc. (T), CSX Corporation (CSX), Hess Corporation (HES)

AT&T Inc. (T) saw its value decrease by -0.12% as the stock dropped $-0.05 to finish the day at a closing price of $40.96. The stock was lighter in trading and has fluctuated between $33.43-$43.89 per share for the past year. The shares, which traded within a range of $40.79 to $41.18 during the day, are up by 5.25% in the past three months and down by -2.21% over the past six months. It is currently trading -1.62% below its 20 day moving average and 4.17% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $41.48 a share over the next twelve months. The current relative strength index (RSI) reading is 54.29.The technical indicator lead us to believe there will be no major movement any time soon, hold.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

CSX Corporation (CSX) shares were up in last trading by 1.09% to $38.8. It experienced higher than average volume on day. The stock increased in value by almost 3.41% over the past week and grew 4.75% in the past month. It is currently trading 9.6% above its 50 day moving average and 31.96% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 1.07% increase in value from its one year high of $38.82. The RSI indicator value of 70.72, lead us to believe that it may reverse gains in the near term.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural products, phosphates and fertilizers, food and consumer products, chemicals, automotive products, metals, forest products, minerals, and waste and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities. In addition, it offers intermodal transportation services through a network of approximately 50 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services. Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol. Additionally, it acquires, develops, sells, leases, and manages real estate properties. The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 4,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.

Hess Corporation (HES) traded within a range of $58.25 to $59.87 after opening the day at $58.4. The company has seen its stock decrease in value by -5.46% so far this year. The stock was up close to 0.07% on active volume in last trading session and closed at $58.89 per share. After the recent gain, the stock is currently holding -9.82% below its 52 week high of $65.56 and 85.13% above its 12-month low of $32.41. The shares are up by over 14.76% in the last three months, and the RSI indicator value of 44.64 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.

 

Momentum Stocks: AT&T Inc. (T), Cisco Systems, Inc. (CSCO), Facebook, Inc. (FB)

AT&T Inc. (T) grew with the stock adding 0.98% or $0.4 to close at $41.01 on light trading volume of 19.88M compared its three months average trading volume of 25.09M. The Dallas Texas 75202 based company operating under the Telecom Services – Domestic industry has been trending up for the last 52 weeks, with the shares price now 27.41% up for the period and down by -2.45% so far this year. With price target of $41.29 and a 28.59% rebound from 52-week low, AT&T Inc. has plenty of upside potential, making it a hold with a view buy.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

Cisco Systems, Inc. (CSCO) had a light trading with around 18.61M shares changing hands compared to its three month average trading volume of 22.45M. The stock traded between $29.8 and $30.16 before closing at the price of $30.04 with -0.36% change on the day. The San Jose California 95134 based company is currently trading 38.51% above its 52 week low of $22.46 and -4.99% below its 52 week high of $31.95. Both the RSI indicator and target price of  and $33.11 respectively, lead us to believe that it could rise over the coming weeks.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

Facebook, Inc. (FB) saw its value increase by 0.42% as the stock gained $0.53 to finish the day at a closing price of $126.62. The stock was lighter in trading and has fluctuated between $89.37-$133.5 per share for the past year. The shares, which traded within a range of $124.8 to $126.73 during the day, are down by -1.88% in the past three months and up by 7.95% over the past six months. It is currently trading 5.77% above its 20 day moving average and 5.53% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $154.36 a share over the next twelve months. The current relative strength index (RSI) reading is 69.24.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Facebook, Inc. operates as a mobile application and Website that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide. Its solutions also include Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application for mobile and Web on various platforms and devices, which enable people to reach others instantly, as well as enable businesses to engage with customers; and WhatsApp Messenger, a mobile messaging application. The company also develops Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2015, it had 1.04 billion daily active users (DAUs) and 934 million DAUs who accessed Facebook from a mobile device. The company has a partnership with the Federation of Indian Chambers of Commerce and Industry to augment the Millennium Alliance initiative, as well as support and expand the development of the social enterprise sector in India. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

 

Stocks in Review: AT&T Inc. (T), EnteroMedics Inc. (ETRM), Cisco Systems, Inc. (CSCO)

AT&T Inc. (T) traded within a range of $40.24 to $41.06 after opening the day at $40.66. The company has seen its stock decrease in value by -2.93% so far this year. The stock was up close to 0.02% on light volume in last trading session and closed at $40.81 per share. After the recent gain, the stock is currently holding -4.06% below its 52 week high of $43.89 and 27.97% above its 12-month low of $33.43. The shares are up by over 5.83% in the last three months, and the RSI indicator value of 49.8 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

EnteroMedics Inc. (ETRM) continued its upward trend with the stock climbing 56.5% or $10 to close the day at $27.7 on active trading volume of 21.28M shares, compared to its three month average trading volume of 11.44M. The St. Paul Minnesota 55113 based company has been outperforming the medical appliances & equipment group over the past 52 weeks, with the stock gaining 1982.71%, compared to the industry which has advanced 14.92% over the same period. With RSI of 98.41, the stock should still continue to rise and get closer to its one year target estimate of $140, making it a hold for now.

EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. The company develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness. It has collaboration with Mayo Clinic for the development and testing of products for the treatment of obesity. The company was formerly known as Beta Medical, Inc. and changed its name to EnteroMedics Inc. in 2003. EnteroMedics Inc. was founded in 2002 and is headquartered in St. Paul, Minnesota.

Cisco Systems, Inc. (CSCO) gained $0.2 to close the day at a new closing price of $30.38, a 0.66% increase in value from its previous closing price that moved the stock 40.07% above its 52 week low of $22.46. A total of 21.03M shares exchanged hands during the day compared with its three month average trading volume of 22.27M. The stock, which fluctuated between $30.1 and $30.55 during the day, currently situated -3.92% below its 52 week high. The stock is up by 2.31% in the past one month and down by -2.63% over the past three months. With a one year target estimate of $33.11 and RSI of 52.74, the stock still has upside potential, making it a hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Three Movers to Watch for: Sprint Corporation (S), Kohl’s Corporation (KSS), AT&T Inc. (T)

Sprint Corporation (S) retreated with the stock falling -0.23% or $-0.02 to close at $8.77 on active trading volume of 26.92M compared its three months average trading volume of 19.88M. The Overland Park Kansas 66251 based company operating under the Wireless Communications industry has been trending up for the last 52 weeks, with the shares price now 144.29% up for the period and up by 4.16% so far this year. With price target of $7.28 and a 302.29% rebound from 52-week low, Sprint Corporation has plenty of upside potential, making it a hold with a view buy.

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

Kohl’s Corporation (KSS) dropped $-9.87 to close the day at a new closing price of $42.01, a -19.02% decrease in value from its previous closing price that moved the stock 28.29% above its 52 week low of $33.87. A total of 26.83M shares exchanged hands during the day compared with its three month average trading volume of 3.95M. The stock, which fluctuated between $41.25 and $44 during the day, currently situated -29.6% below its 52 week high. The stock is down by -22.93% in the past one month and down by -4.37% over the past three months. With a one year target estimate of $51.95 and RSI of 30.64, the stock still has upside potential, making it a hold for now.

Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The company also sells its products online through Website Kohls.com. As of January 30, 2016, it operated 1,164 department stores in 49 states. Kohl’s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.

AT&T Inc. (T) shares were down in last trading by -0.28% to $42.65. It experienced higher than average volume on day. The stock increased in value by almost 0.31% over the past week and grew 10.41% in the past month. It is currently trading 8.85% above its 50 day moving average and 7.74% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -0.88% decrease in value from its one year high of $43.89. The RSI indicator value of 70.16, lead us to believe that it may reverse gains in the near term.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

 

Three Movers to Watch for: General Motors Company (GM), AT&T Inc. (T), Abbott Laboratories (ABT)

General Motors Company (GM) grew with the stock adding 5.52% or $1.94 to close at $37.09 on active trading volume of 23.35M compared its three months average trading volume of 13.76M. The Detroit Michigan 48265 based company operating under the Auto Manufacturers – Major industry has been trending up for the last 52 weeks, with the shares price now 19.97% up for the period and up by 6.46% so far this year. With price target of $36.76 and a 45.77% rebound from 52-week low, General Motors Company has plenty of upside potential, making it a hold with a view buy.

General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.

AT&T Inc. (T) dropped $-0.25 to close the day at a new closing price of $42.77, a -0.58% decrease in value from its previous closing price that moved the stock 32.65% above its 52 week low of $33.41. A total of 23.2M shares exchanged hands during the day compared with its three month average trading volume of 24.64M. The stock, which fluctuated between $42.71 and $43 during the day, currently situated -0.6% below its 52 week high. The stock is up by 10.77% in the past one month and up by 8.5% over the past three months. With a one year target estimate of $41.29 and RSI of 72.09, the stock still has upside potential, making it a sell for now.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

Abbott Laboratories (ABT) shares were up in last trading by 0.79% to $39.36. It experienced higher than average volume on day. The stock increased in value by almost 1.97% over the past week and grew 3.85% in the past month. It is currently trading 0.72% above its 50 day moving average and -2.76% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -13.5% decrease in value from its one year high of $45.79. The RSI indicator value of 59.76, lead us to believe that it is a hold for now.

Abbott Laboratories manufactures and sells health care products worldwide. The company’s Established Pharmaceutical Products segment offers branded generic pharmaceuticals to treat pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptoms; gynecological disorders; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière’s disease and vestibular vertigo; pain, fever, and inflammation; migraines; anti-infective clarithromycin; and influenza vaccines, as well as to regulate physiological rhythm of the colon. Its Diagnostic Products segment provides immunoassay and clinical chemistry systems; assays used to screen and/or diagnosis cancer, cardiac, drugs of abuse, fertility, infectious diseases, and therapeutic drug monitoring; hematology systems and reagents; diagnostic systems and cartridges; instruments that automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detects and measures infectious agents; genomic-based tests; informatics and automation solutions; and instrument used to identify infection-causing pathogens. The company’s Nutritional Products segment provides pediatric and adult nutritional products, such as prepared infant and follow-on formulas. Its Vascular Products segment offers coronary, endovascular, vessel closure, and structural heart devices to treat vascular disease. The company also provides blood and flash glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes; and medical devices for the eye, such as cataract and LASIK surgery, contact lens care, and dry eye products. It serves retailers, wholesalers, hospitals, health care facilities, laboratories, physicians’ offices, and government agencies. The company has strategic alliance with Fonterra. Abbott Laboratories was founded in 1888 and is headquartered in Abbott Park, Illinois.

 

3 Notable Runners: AT&T Inc. (T), Micron Technology, Inc. (MU), Southwestern Energy Company (SWN)

AT&T Inc. (T) managed to rebound with the stock climbing 1.15% or $0.49 to close the day at $43.02 on higher than average trading volume of 25.98M shares, compared to its three month average trading volume of 24.5M. The Dallas Texas 75202 based company has been outperforming the telecom services – domestic companies by 6.7545% for last three months and its recent gains have pushed the stock slightly up 1.15% YTD, versus the telecom services – domestic industry which is up 1.72% for the same period. The RSI of 77.21 indicates the stock is overbought at the current levels, sell for now.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

Micron Technology, Inc. (MU) had a light trading with around 24.95M shares changing hands compared to its three month average trading volume of 26.88M. The stock traded between $22.05 and $22.74 before closing at the price of $22.55 with 2.87% change on the day. The Boise Idaho 83716 based company is currently trading 142.21% above its 52 week low of $9.31 and -4.61% below its 52 week high of $23.64. Both the RSI indicator and target price of 66.9 and $26.58 respectively, lead us to believe that it should be put on hold over the coming weeks.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Southwestern Energy Company (SWN) traded within a range of $9.65 to $10.68 after opening the day at $10.6. The company has seen its stock decrease in value by -7.86% so far this year. The stock was down close to -7.86% on active volume in last trading session and closed at $9.97 per share. After the recent fall, the stock is currently holding -36.05% below its 52 week high of $15.59 and 88.11% above its 12-month low of $5.3. The shares are down by over -28.27% in the last three months, and the RSI indicator value of 38.67 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

 

Stocks in the Spotlight: Freeport-McMoRan Inc. (FCX), AT&T Inc. (T), Citigroup Inc. (C)

Freeport-McMoRan Inc. (FCX) had a light trading with around 16.74M shares changing hands compared to its three month average trading volume of 32.26M. The stock traded between $13.13 and $13.74 before closing at the price of $13.19 with -2.15% change on the day. The Phoenix Arizona 85004 based company is currently trading 274.72% above its 52 week low of $3.52 and -19.67% below its 52 week high of $16.42. Both the RSI indicator and target price of 40 and $13.14 respectively, lead us to believe that it should be put on hold over the coming weeks.

Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The company explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, as well as oil and gas. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo, Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico; oil production facilities onshore and offshore in California; onshore natural gas resources in the Haynesville shale in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore located in South Louisiana. As of December 31, 2015, its consolidated recoverable proven and probable mineral reserves included 99.5 billion pounds of copper, 27.1 million ounces of gold, 3.05 billion pounds of molybdenum, 271.2 million ounces of silver, and 0.87 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 252 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.

AT&T Inc. (T) failed to extend gains with the stock declining -0.3% or $-0.13 to close the day at $42.53 on light trading volume of 16.67M shares, compared to its three month average trading volume of 24.55M. The Dallas Texas 75202 based company has been outperforming the telecom services – domestic group over the past 52 weeks, with the stock gaining 29.87%, compared to the industry which has advanced 22.65% over the same period. With RSI of 73.62, the stock should still continue to rise and get closer to its one year target estimate of $41.29, making it a hold for now.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

Citigroup Inc. (C) shares were up in last trading by 0.08% to $59.43. It experienced lighter than average volume on day. The stock decreased in value by almost -1.75% over the past week and grew 5.39% in the past month. It is currently trading 7.89% above its 50 day moving average and 25.57% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.05% decrease in value from its one year high of $61.3. The RSI indicator value of 58.98, lead us to believe that it is a hold for now.

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.

 

Momentum Stocks: AT&T Inc. (T), Newmont Mining Corporation (NEM), Hecla Mining Company (HL)

AT&T Inc. (T) grew with the stock adding 0.33% or $0.14 to close at $42.66 on light trading volume of 12.37M compared its three months average trading volume of 24.63M. The Dallas Texas 75202 based company operating under the Telecom Services – Domestic industry has been trending up for the last 52 weeks, with the shares price now 29.03% up for the period and up by 30.27% so far this year. With price target of $41.29 and a 32.31% rebound from 52-week low, AT&T Inc. has plenty of upside potential, making it a hold with a view buy.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

Newmont Mining Corporation (NEM) had a light trading with around 12.06M shares changing hands compared to its three month average trading volume of 7.83M. The stock traded between $33.15 and $35.31 before closing at the price of $35.27 with 7.6% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 120.58% above its 52 week low of $16.05 and -23.28% below its 52 week high of $46.07. Both the RSI indicator and target price of  and $41.71 respectively, lead us to believe that it could rise over the coming weeks.

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

Hecla Mining Company (HL) saw its value increase by 4.37% as the stock gained $0.23 to finish the day at a closing price of $5.49. The stock was lighter in trading and has fluctuated between $1.45-$7.64 per share for the past year. The shares, which traded within a range of $5.29 to $5.49 during the day, are down by -4.47% in the past three months and up by 7.75% over the past six months. It is currently trading -5.25% below its 20 day moving average and -8.62% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $6.44 a share over the next twelve months. The current relative strength index (RSI) reading is 45.01.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers. It owns 100% interests in the Greens Creek mine located on Admiralty Island in Southeast Alaska; the Lucky Friday unit located in the Coeur d’Alene mining district in northern Idaho; the Casa Berardi mine located in the Abitibi region of north-western Quebec, Canada; and the San Sebastian unit located in the state of Durango, Mexico. The company was founded in 1891 and is based in Coeur d’Alene, Idaho.

 

Stocks To Track: Dataram Corporation (DRAM), Sprint Corporation (S), AT&T Inc. (T)

Dataram Corporation (DRAM) climbed 26.7% during last trading as the stock added $0.51 to finish the day at $2.42 with about 10.96M shares changing hands, compared to its three month average trading volume of 268.87K. The $9.66M market cap company, which fluctuated between $1.91 and $2.88 during the day, currently situated 198.77% above its 52 week low of $0.81 and -52.27% away from its one year high of $5.07. The RSI of 84.07 indicates the stock is overbought at the current levels, sell for now.

Dataram Corporation develops, manufactures, and markets memory products primarily used in enterprise servers and workstations worldwide. It provides customized memory solutions for original equipment manufacturers (OEM); and compatible memory for various brands, including Cisco, Dell, Fujitsu, HP, IBM, Lenovo, and Oracle, as well as a line of memory products for Intel and AMD motherboard based servers. The company also offers various memory solutions services, including performance optimization; engineering and design services for embedded applications; proof of concept engagements; customized consignment programs; product on-demand offerings; installation services; software products that enhance application and computing performance; and buy-back programs. It also operates Memorystore.com and 18004Memory.com that provide a one-stop Web source for memory products used in desktops, laptops, notebooks, servers, workstations, MAC systems, printers, digital cameras, PDAs, MP3 players, and others. The company offers its products to a network of distributors, resellers, retailers, OEM customers, and end users. Dataram Corporation was founded in 1967 and is headquartered in Princeton, New Jersey.

Sprint Corporation (S) gained $0.03 to close the day at a new closing price of $8.72, a 0.35% increase in value from its previous closing price that moved the stock 300% above its 52 week low of $2.18. A total of 10.89M shares exchanged hands during the day compared with its three month average trading volume of 19.32M. The stock, which fluctuated between $8.67 and $8.76 during the day, currently situated -2.9% below its 52 week high. The stock is up by 10.94% in the past one month and up by 28.61% over the past three months. With a one year target estimate of $7.28 and RSI of 68.18, the stock still has upside potential, making it a hold for now.

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

AT&T Inc. (T) had a light trading with around 10.78M shares changing hands compared to its three month average trading volume of 24.87M. The stock traded between $42.47 and $42.82 before closing at the price of $42.52 with -0.3% change on the day. The Dallas Texas 75202 based company is currently trading 31.87% above its 52 week low of $33.41 and -1.06% below its 52 week high of $43.89. Both the RSI indicator and target price of 75.35 and $41.29 respectively, lead us to believe that it could drop over the coming weeks.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.