Momentum Stocks in Focus: Nordstrom, Inc. (JWN), Take-Two Interactive Software Inc. (TTWO), Tonix Pharmaceuticals Holding Corp. (TNXP)

Nordstrom, Inc. (JWN) managed to rebound with the stock climbing 0.52% or $0.29 to close the day at $56.35 on light trading volume of 2.86M shares, compared to its three month average trading volume of 3.19M. The Seattle Washington 98101 based company has been outperforming the apparel stores group over the past 52 weeks, with the stock gaining 3.15%, compared to the industry which has dropped -2.55% over the same period. With RSI of 54.82, the stock should still continue to rise and get closer to its one year target estimate of $54.78, making it a hold for now.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; and other retail channels, including Trunk Club showrooms and TrunkClub.com, Jeffrey boutiques, and clearance store that operates under the name Last Chance. The Credit segment operates Nordstrom fsb, a federal savings bank, which provides a private label credit card, two Nordstrom VISA credit cards, and a debit card. Its credit and debit cards feature a shopping-based loyalty program. As of November 18, 2016, the company operated 348 stores in 40 states, including 123 full-line stores in the United States, Canada; and Puerto Rico; 215 Nordstrom Rack stores; 2 Jeffrey boutiques; and 2 clearance stores. Nordstrom, Inc. also sells its products through catalogs. The company was founded in 1901 and is based in Seattle, Washington.

Take-Two Interactive Software Inc. (TTWO) grew with the stock adding 3.32% or $1.61 to close at $50.09 on active trading volume of 2.84M compared its three months average trading volume of 1.88M. The New York New York 10012 based company operating under the Multimedia & Graphics Software industry has been trending up for the last 52 weeks, with the shares price now 41.62% up for the period and up by 43.77% so far this year. With price target of $51.29 and a 59.73% rebound from 52-week low, Take-Two Interactive Software Inc. has plenty of upside potential, making it a hold with a view buy.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

Tonix Pharmaceuticals Holding Corp. (TNXP) failed to extend gains with the stock declining -5.88% or $-0.03 to close the day at $0.4 on higher than average trading volume of 2.83M shares, compared to its three month average trading volume of 1.23M. The New York New York 10022 based company has been underperforming the drug manufacturers – major companies by -83.744% for last three months and its recent losses have pulled the stock down -94.78% YTD, versus the drug manufacturers – major industry which is down -1.41% for the same period. The RSI of 36.67 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Tonix Pharmaceuticals Holding Corp., a clinical-stage pharmaceutical company, develops medicines for common disorders of the central nervous system. The company’s lead program focuses on post-traumatic stress disorder (PTSD) that is characterized by chronic disability, inadequate treatment options, high utilization of healthcare services, and economic burden. Its lead product candidate includes TNX-102 SL, a cyclobenzaprine HCl sublingual tablet, a Phase III clinical stage for the treatment of PTSD; and Phase II clinical stage for the treatment of military-related PTSD. The company also develops TNX-301, a fixed dose combination drug product that contains disulfiram and selegiline for the treatment of alcohol use disorders, as well as biodefense development programs for protection from smallpox virus and radiation injury. Tonix Pharmaceuticals Holding Corp. was founded in 2007 and is based in New York, New York.

 

3 Stocks to Watch For: Take-Two Interactive Software Inc. (TTWO), MGM Resorts International (MGM), QUALCOMM Incorporated (QCOM)

Take-Two Interactive Software Inc. (TTWO) saw its value increase by 4.65% as the stock gained $2.16 to finish the day at a closing price of $48.63. The stock was higher in trading and has fluctuated between $31.36-$50.19 per share for the past year. The shares are up by 18.67% in the past three months and up by 33.71% over the past six months. It is currently trading 4.72% above its 20 day moving average and 7.29% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $51.29 a share over the next twelve months. The current relative strength index (RSI) reading is 59.63.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

MGM Resorts International (MGM) shares were up in last trading by 1.15% to $28.03. It experienced higher than average volume on day. The stock increased in value by almost 0.57% over the past week and grew 7.44% in the past month. It is currently trading 7.09% above its 50 day moving average and 20.6% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -2.67% decrease in value from its one year high of $28.8. The RSI indicator value of 65.05, lead us to believe that it is a hold for now.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

QUALCOMM Incorporated (QCOM) opening the day at $66.44. The company has seen its stock increase in value by 37.06% so far this year. The stock was up close to 0.56% on light volume in last trading session and closed at $66.67 per share. After the recent gain, the stock is currently holding -6.91% below its 52 week high of $71.62 and 62.21% above its 12-month low of $42.24. The shares are up by over 7.13% in the last three months, and the RSI indicator value of 49.84 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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

 

Stocks in the Spotlight: Take-Two Interactive Software Inc. (TTWO), Total System Services, Inc. (TSS)

Take-Two Interactive Software Inc. (TTWO) had a light trading with around 1.48M shares changing hands compared to its three month average trading volume of 1.8M. The stock traded between $49.04 and $49.72 before closing at the price of $49.22 with -0.71% change on the day. The New York New York 10012 based company is currently trading 56.95% above its 52 week low of $31.36 and -1.93% below its 52 week high of $50.19. Both the RSI indicator and target price of 70.06 and $52.29 respectively, lead us to believe that it could drop over the coming weeks.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

Total System Services, Inc. (TSS) shares were up in last trading by 0.61% to $49.68. It experienced lighter than average volume on day. The stock increased in value by almost 0.73% over the past week and grew 5.03% in the past month. It is currently trading 2.9% above its 50 day moving average and 2.03% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -11.94% decrease in value from its one year high of $56.69. The RSI indicator value of 56.47, lead us to believe that it is a hold for now.

Total System Services, Inc. provides payment processing, merchant, and related payment services to financial and nonfinancial institutions in the United States, Europe, Canada, Mexico, and internationally. It operates through four segments: North America Services, International Services, Merchant Services, and NetSpend. The company offers account processing and output services, including processing the card application, initiating service for the cardholder, processing card transaction for the issuing retailer or financial institution, and accumulating the account’s transactions. It also provides fraud management services to monitor the unauthorized use of accounts; fraud detection systems for identifying fraudulent transactions; and other services, such as customized communication services to cardholders, and information verification services associated with granting credit, debt collection, and customer service. In addition, the company offers processing services, acquiring solutions, related systems, and integrated support services, which include processing various payment forms, such as credit, debit, prepaid, electronic benefit transfer, and electronic check; authorization and capture of transactions; clearing and settlement of transactions; information reporting services related to transactions; merchant billing services; and point-of-sale equipment sales and service. Further, it provides general purpose reloadable prepaid debit cards and payroll cards, as well as alternative financial services to underbanked and other consumers. The company was founded in 1982 and is headquartered in Columbus, Georgia.

 

Momentum Stocks in Focus: Nabors Industries Ltd. (NBR) Parsley Energy, Inc. (PE) Take-Two Interactive Software Inc. (TTWO)

Nabors Industries Ltd. (NBR) managed to rebound with the stock climbing 1.06% or $0.12 to close the day at $11.45 on light trading volume of 6.1M shares, compared to its three month average trading volume of 7.19M. The Hamilton HC HM 08 based company has been outperforming the oil & gas drilling & exploration group over the past 52 weeks, with the stock gaining 5.82%, compared to the industry which has advanced 13.32% over the same period. With RSI of 39.64, the stock should still continue to rise and get closer to its one year target estimate of $13.66, making it a hold for now.

Nabors Industries Ltd., together with its subsidiaries, provides drilling and rig services. It offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services; and patented steering systems and rig instrumentation software systems, including ROCKIT directional drilling system that provides data collection services to oil and gas exploration and service companies, and RIGWATCH software, which monitors a rig’s real-time performance and daily reporting for drilling operations. The company also manufactures and sells top drives, catwalks, wrenches, draw works, and other drilling related equipment; and offers well-site services, such as engineering, transportation and disposal, construction, maintenance, well logging, directional drilling, data collection, and other support services. As of December 31, 2015, it marketed approximately 430 rigs for land-based drilling operations in the United States, Canada, and approximately 20 other countries worldwide; 42 rigs for offshore drilling operations in the United States and internationally; and 6 jackup units. The company was founded in 1968 and is headquartered in Hamilton, Bermuda.

Parsley Energy, Inc. (PE) grew with the stock adding 2.06% or $0.67 to close at $33.19 on active trading volume of 6.07M compared its three months average trading volume of 3.07M. The Austin Texas 78701 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 89.87% up for the period and up by 79.89% so far this year. With price target of $41 and a 128.74% rebound from 52-week low, Parsley Energy, Inc. has plenty of upside potential, making it a hold with a view buy.

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico. As of December 31, 2015, its acreage position consisted of 110,967 net acres, including 84,441 net acres in the Midland Basin and 26,526 net acres in the Delaware Basin; and estimated proved oil and natural gas reserves were 123.8 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

Take-Two Interactive Software Inc. (TTWO) continued its upward trend with the stock climbing 7.79% or $3.49 to close the day at $48.29 on higher than average trading volume of 6.07M shares, compared to its three month average trading volume of 1.71M. The New York New York 10012 based company has been outperforming the multimedia & graphics software companies by 16.6836% for last three months and its recent gains have pushed the stock slightly up 38.61% YTD, versus the multimedia & graphics software industry which is up 14.68% for the same period. The RSI of 68.35 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

 

Stocks Intraday Alert: Take-Two Interactive Software Inc. (TTWO), Viavi Solutions Inc. (VIAV), Enbridge Inc. (ENB)

Take-Two Interactive Software Inc. (TTWO) managed to rebound with the stock climbing 1.98% or $0.87 to close the day at $44.8 on higher than average trading volume of 3.71M shares, compared to its three month average trading volume of 1.68M. The New York New York 10012 based company has been outperforming the multimedia & graphics software companies by 10.4014% for last three months and its recent gains have pushed the stock slightly up 28.59% YTD, versus the multimedia & graphics software industry which is up 12.36% for the same period. The RSI of 51 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

Viavi Solutions Inc. (VIAV) had a active trading with around 3.7M shares changing hands compared to its three month average trading volume of 1.53M. The stock traded between $6.99 and $7.52 before closing at the price of $7.17 with 0.84% change on the day. The Milpitas California 95035 based company is currently trading 53.21% above its 52 week low of $4.68 and -9.7% below its 52 week high of $7.93. Both the RSI indicator and target price of 42.3 and $7.46 respectively, lead us to believe that it should be put on hold over the coming weeks.

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The company operates through Network Enablement, Service Enablement, and Optical Security and Performance Products segments. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software and services to design, build, activate, certify, troubleshoot, and optimize networks. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects comprising project management, installation, and implementation, as well as product and technology training, and consulting services. The Service Enablement segment provides embedded systems and enterprise performance management solutions for communication service providers and enterprises with visibility into network, service, and application. This segment’s solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The Optical Security and Performance Products segment provides optical security solutions with a strategic focus on serving the anti-counterfeiting market through advanced security pigments, thread substrates, and printed features for the currency, pharmaceutical, and consumer electronic sectors. This segment also offers thin-film coating solutions for 3D sensing applications. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1979 and is headquartered in Milpitas, California.

Enbridge Inc. (ENB) traded within a range of $41.39 to $42.66 after opening the day at $42.66. The company has seen its stock increase in value by 29.68% so far this year. The stock was down close to -2.94% on active volume in last trading session and closed at $41.67 per share. After the recent fall, the stock is currently holding -8.96% below its 52 week high of $45.77 and 56.91% above its 12-month low of $27.43. The shares are up by over 1.91% in the last three months, and the RSI indicator value of 35.36 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The company’s Gas Distribution segment operates as a natural gas utility that serves residential, commercial, and industrial customers in Central and Eastern Ontario, and Northern New York State, as well as in Quebec and New Brunswick. Its Gas Pipelines, Processing and Energy Services segment has interests in natural gas pipelines, including the Vector Pipeline and transmission and gathering pipelines in the Gulf of Mexico, as well as holds an interest in Aux Sable, a natural gas fractionation and extraction facility. This segment is also involved in the renewable energy projects, such as wind, solar, and geothermal projects with a generating capacity of approximately 2,800 MW. The company’s Sponsored Investments segment is involved in renewable and alternative power generation; crude oil and liquid petroleum transportation and storage; and natural gas and NGL gathering, treating, processing, and transportation. Enbridge Inc. has a strategic partnership with EDF Group for the development, construction, and operation of three French offshore wind farms. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

Stocks In Queue: WisdomTree Investments, Inc. (WETF), Take-Two Interactive Software Inc. (TTWO), Pier 1 Imports, Inc. (PIR)

WisdomTree Investments, Inc. (WETF) fell -0.42% during last trading as the stock lost $-0.04 to finish the day at $9.46 with about 3.34M shares changing hands, compared to its three month average trading volume of 2.15M. The $1.32B market cap company, which fluctuated between $9.35 and $9.59 during the day, currently situated 8.74% above its 52 week low of $8.7 and -57.64% away from its one year high of $22.33. The RSI of 35.9 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. It develops index using its fundamentally weighted index methodology. In addition, the company provides investment advisory services. The company was founded in 1985 and is based in New York, New York.

Take-Two Interactive Software Inc. (TTWO) gained $0.24 to close the day at a new closing price of $45.09, a 0.54% increase in value from its previous closing price that moved the stock 45.4% above its 52 week low of $31.36. A total of 3.34M shares exchanged hands during the day compared with its three month average trading volume of 1.53M. The stock, which fluctuated between $44.31 and $45.71 during the day, currently situated -3.61% below its 52 week high. The stock is up by 0.85% in the past one month and up by 11.28% over the past three months. With a one year target estimate of $46.38 and RSI of 57.38, the stock still has upside potential, making it a hold for now.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

Pier 1 Imports, Inc. (PIR) had a active trading with around 3.3M shares changing hands compared to its three month average trading volume of 2.56M. The stock traded between $4.17 and $4.47 before closing at the price of $4.4 with 5.77% change on the day. The Fort Worth Texas 76102 based company is currently trading 21.9% above its 52 week low of $3.73 and -43.39% below its 52 week high of $8.23. Both the RSI indicator and target price of 52.93 and $4.5 respectively, lead us to believe that it should be put on hold over the coming weeks.

Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrance, gifts, and seasonal items. The company also provides furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios. Further, it supplies merchandise and licenses the Pier 1 Imports name. The company sells its products through retail stores and e-Commerce Website. As of February 27, 2016, the company operated 953 stores in the United States and 79 stores in Canada. Pier 1 Imports, Inc. was founded in 1970 and is headquartered in Fort Worth, Texas.

 

Stocks In Queue: Take-Two Interactive Software Inc. (TTWO), Johnson & Johnson (JNJ), Devon Energy Corporation (DVN)

Take-Two Interactive Software Inc. (TTWO) climbed 5.06% during last trading as the stock added $2.16 to finish the day at $44.85 with about 7.11M shares changing hands, compared to its three month average trading volume of 1.44M. The $3.83B market cap company, which fluctuated between $44.5 and $45.85 during the day, currently situated 45.76% above its 52 week low of $31.1 and -4.13% away from its one year high of $46.78. The RSI of 55.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

Johnson & Johnson (JNJ) gained $0.93 to close the day at a new closing price of $118.49, a 0.79% increase in value from its previous closing price that moved the stock 28.5% above its 52 week low of $94.28. A total of 6.94M shares exchanged hands during the day compared with its three month average trading volume of 6.06M. The stock, which fluctuated between $117.5 and $118.55 during the day, currently situated -5.39% below its 52 week high. The stock is up by 0.2% in the past one month and down by -4.77% over the past three months. With a one year target estimate of $124.5 and RSI of 49.04, the stock still has upside potential, making it a hold for now.

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

Devon Energy Corporation (DVN) had a active trading with around 6.84M shares changing hands compared to its three month average trading volume of 6.23M. The stock traded between $41.4 and $43.16 before closing at the price of $41.77 with -3.04% change on the day. The Oklahoma City Oklahoma 73102 based company is currently trading 134.38% above its 52 week low of $18.07 and -12.41% below its 52 week high of $48.68. Both the RSI indicator and target price of 44.37 and $46.37 respectively, lead us to believe that it should be put on hold over the coming weeks.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It operates approximately 19,000 wells. The company also offers midstream energy services, including gathering, transmission, processing, fractionation, and marketing to producers of natural gas, NGLs, crude oil, and condensate through its natural gas pipelines, plants, and treatment facilities. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

 

Worth Watching Stocks: Take-Two Interactive Software (TTWO), bluebird bio (BLUE), Energy Transfer Equity (ETE)

bluebird bio, Inc. (BLUE) saw its value decrease by -13.29% as the stock dropped $-8.67 to finish the day at a closing price of $56.57. The stock was higher in trading and has fluctuated between $35.37-$99.7 per share for the past year. The shares, which traded within a range of $56.53 to $63.87 during the day, are up by 21.5% in the past three months and up by 11.31% over the past six months. It is currently trading -19.6% below its 20 day moving average and -7.37% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $85.69 a share over the next twelve months. The current relative strength index (RSI) reading is 36.15.The technical indicator lead us to believe there will be no major movement any time soon, hold.

bluebird bio, Inc., a clinical-stage biotechnology company, focuses on developing transformative gene therapies for severe genetic and rare diseases. Its product candidates include Lenti-D, which is in phase II/III clinical studies for the treatment of cerebral adrenoleukodystrophy, a rare, hereditary neurological disorder; and LentiGlobin that is in phase I/II clinical studies for the treatment of beta-thalassemia major and severe sickle cell disease (SCD) in France, as well as a phase I study in the United States for the treatment of severe SCD. The company’s lead chimeric antigen receptor T cell-based product candidate is bb2121, which is in phase I clinical trials for the treatment of relapsed and refractory multiple myeloma. bluebird bio, Inc. has a strategic collaboration with Celgene Corporation to discover, develop, and commercialize disease-altering gene therapies in oncology; and Kite Pharma, Inc. to develop and commercialize second generation T cell receptor product candidates against the human papillomavirus type 16 E6 oncoprotein. The company was formerly known as Genetix Pharmaceuticals, Inc., and changed its name to bluebird bio, Inc. in September 2010. bluebird bio, Inc. was founded in 1992 and is headquartered in Cambridge, Massachusetts.

Energy Transfer Equity, L.P. (ETE) shares were up in last trading by 0.38% to $15.72. It experienced lighter than average volume on day. The stock decreased in value by almost -1.44% over the past week and fell -5.64% in the past month. It is currently trading -8.25% below its 50 day moving average and 28.76% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -27.37% decrease in value from its one year high of $23.53. The RSI indicator value of 37.66, lead us to believe that it is a hold for now.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

Take-Two Interactive Software Inc. (TTWO) traded within a range of $42.65 to $43.97 after opening the day at $42.87. The company has seen its stock increase in value by 22.53% so far this year. The stock was up close to 0.8% on active volume in last trading session and closed at $42.69 per share. After the recent gain, the stock is currently holding -8.74% below its 52 week high of $46.78 and 39.19% above its 12-month low of $31.01. The shares are up by over 4.99% in the last three months, and the RSI indicator value of 40.2 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

 

Stocks Highlights: Celgene Corporation (CELG), Mastercard Incorporated (MA), Take-Two Interactive Software Inc. (TTWO)

Celgene Corporation (CELG) had a light trading with around 3.42M shares changing hands compared to its three month average trading volume of 4M. The stock traded between $101.02 and $103.88 before closing at the price of $101.64 with -2.52% change on the day. The Summit New Jersey 07901 based company is currently trading 9.23% above its 52 week low of $93.05 and -20.83% below its 52 week high of $128.39. Both the RSI indicator and target price of 35.06 and $137.35 respectively, lead us to believe that it should be put on hold over the coming weeks.

Celgene Corporation discovers, develops, and commercializes therapies to treat cancer and inflammatory diseases worldwide. It markets REVLIMID, an oral immunomodulatory drug for multiple myeloma, myelodysplastic syndromes (MDS), and mantle cell lymphoma; ABRAXANE, a solvent-free chemotherapy product to treat breast, non-small cell lung, pancreatic, and gastric cancers; POMALYST/IMNOVID to treat multiple myeloma; and OTEZLA, a small-molecule inhibitor of phosphodiesterase 4 for psoriatic arthritis, psoriasis, ankylosing spondylitis, Behçet’s disease, atopic dermatitis, and ulcerative colitis. The company’s products also include VIDAZA, a pyrimidine nucleoside analog to treat intermediate-2 and high-risk MDS, and chronic myelomonocytic leukemia, as well as acute myeloid leukemia (AML); THALOMID for the patients with multiple myeloma and erythema nodosum leprosum; ISTODAX to treat cutaneous and peripheral T-cell lymphoma; and FOCALIN, FOCALIN XR, and RITALIN products. Its clinical stage products include OTEZLA for the treatment of various immune-inflammatory diseases; sotatercept for the treatment of renal anemia, beta-thalassemia and MDS; luspatercept for beta-thalassemia and MDS; CC-486 to treat MDS, AML, and solid tumors; CC-122 and CC-220 to treat hematological and solid tumor cancers, and inflammation and immunology diseases; PDA-002 for the treat diabetic foot ulcers and peripheral neuropathy; and PNK-007 for hematological malignancies treatment. The company has collaborative agreements with Novartis Pharma AG; Acceleron Pharma; Agios Pharmaceuticals, Inc.; Epizyme Inc.; Sutro Biopharma, Inc.; bluebird bio, Inc.; FORMA Therapeutics Holdings, LLC; Acetylon Pharmaceuticals, Inc.; OncoMed Pharmaceuticals, Inc.; NantBioScience, Inc.; AstraZeneca PLC; Lycera Corp.; Juno Therapeutics, Inc.; TriNetX, Inc.; Triphase Accelerator Corporation; and Nurix, Inc. The company was founded in 1980 and is headquartered in Summit, New Jersey.

Mastercard Incorporated (MA) failed to extend gains with the stock declining -1.27% or $-1.3 to close the day at $101.35 on light trading volume of 3.41M shares, compared to its three month average trading volume of 3.58M. The Purchase New York 10577 based company has been outperforming the credit services group over the past 52 weeks, with the stock gaining 5.72%, compared to the industry which has advanced 1.81% over the same period. With RSI of 54.93, the stock should still continue to rise and get closer to its one year target estimate of $111.33, making it a hold for now.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. The company also offers value-added services, such as loyalty and reward programs, and information and consulting services. In addition, it provides cross-border and domestic processing services; and issuer and acquirer processing solutions, and payment and mobile gateways. Further, the company offers various payment products and solutions for cardholders, merchants, financial institutions, and governments; programs that enable issuers to provide consumers with cards to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid payment programs and management services; and commercial payment products and solutions. Additionally, it provides products and services to prevent, detect, and respond to fraud and ensure the safety of transactions. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus brands. MasterCard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Take-Two Interactive Software Inc. (TTWO) shares were down in last trading by -3.54% to $42.22. It experienced higher than average volume on day. The stock decreased in value by almost -7.21% over the past week and fell -3.03% in the past month. It is currently trading -2.65% below its 50 day moving average and 10.88% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -9.75% decrease in value from its one year high of $46.78. The RSI indicator value of 34.5, lead us to believe that it is a hold for now.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.

 

Investor’s Watch List: Alere Inc. (ALR), The Chemours Company (CC), Take-Two Interactive Software Inc. (TTWO)

Alere Inc. (ALR) had a active trading with around 1.95M shares changing hands compared to its three month average trading volume of 1.01M. The stock traded between $40 and $42.92 before closing at the price of $42.35 with 5.69% change on the day. The Waltham Massachusetts 02453 based company is currently trading 34.57% above its 52 week low of $31.47 and -22.7% below its 52 week high of $54.79. Both the RSI indicator and target price of 62.66 and $54 respectively, lead us to believe that it should be put on hold over the coming weeks.

Alere Inc. provides professional diagnostic products and services for infectious and cardiometabolic disease, and toxicology in the United States, Europe, and internationally. The company’s infectious disease products and services are used to detect various diseases, such as viral hepatitis; respiratory syncytial virus; influenza; streptococcus; pneumonia; tuberculosis; human immunodeficiency virus/acquired immunodeficiency syndrome; and gastrointestinal and vector-borne diseases, as well as syphilis and other sexually-transmitted diseases. It also offers indirect fluorescent antibodies; assays for 17 viral, bacterial, and autoimmune diseases; serology diagnostic products; and 40 enzyme-linked immunosorbent assays (ELISA), as well as a line of automated instrumentation for processing ELISA tests. The company’s cardiometabolic products and services include rapid diagnostic test systems for the diagnosis of critical care issues; point-of-care analyzers and test cassette systems for testing blood glucose, cholesterol, and related lipids; over-the-counter tests for cholesterol monitoring; blood analysis systems for blood gas, electrolyte, and metabolite testing; point-of-care diabetes products; and disposable and lateral flow rapid diagnostic tests for D-dimer and troponin. Its toxicology products and services include various device platforms for the detection of the illicit and prescription drugs of abuse; tests to detect alcohol; consumer drug testing products; and workplace drug and laboratory-based testing services. The company markets its professional diagnostic products through its sales force and distribution networks; and First Check consumer drug testing products through retail drug and food stores, drug wholesalers, and mass merchandisers. The company was formerly known as Inverness Medical Innovations, Inc. and changed its name to Alere Inc. in July 2010. Alere Inc. was founded in 1981 and is headquartered in Waltham, Massachusetts.

The Chemours Company (CC) managed to rebound with the stock climbing 0.67% or $0.09 to close the day at $13.61 on light trading volume of 1.95M shares, compared to its three month average trading volume of 3.69M. The Wilmington Delaware 19899 based company has been outperforming the specialty chemicals group over the past 52 weeks, with the stock gaining 51.53%, compared to the industry which has advanced 12.02% over the same period. With RSI of 77.99, the stock should still continue to rise and get closer to its one year target estimate of $12.21, making it a hold for now.

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates in three segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. The Titanium Technologies segment produces and sells titanium dioxide (TiO2) under the Ti-Pure brand name to deliver whiteness, brightness, opacity, and protection in various applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, PVC window profiles, laminate papers, coated paper, and coated paperboard used for packaging. The Fluoroproducts segment provides fluoroproducts, such as hydrofluorocarbon refrigerants, and fluoropolymer resins and downstream products and coatings under the Teflon brand name. The Chemical Solutions segment offers industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries in North America. This segment provides cyanides; and performance chemicals and intermediates, such as clean and disinfect chemicals, aniline, methylamines, glycolic acid, Vazo free radical initiators, and reactive metals. The company is headquartered in Wilmington, Delaware.

Take-Two Interactive Software Inc. (TTWO) shares were down in last trading by -2.44% to $43.56. It experienced higher than average volume on day. The stock decreased in value by almost -0.57% over the past week and grew 6.3% in the past month. It is currently trading 6.92% above its 50 day moving average and 17.88% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -3.29% decrease in value from its one year high of $45.04. The RSI indicator value of 58.96, lead us to believe that it is a hold for now.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports, and strategy; various unit selling franchises, including BioShock, Borderlands, Carnival Games, Evolve, Mafia, NBA 2K, Sid Meier’s Civilization, Spec Ops, WWE 2K, and XCOM; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K professional wrestling series. The company’s products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; and personal computers comprising smartphones and tablets. It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.