3 Notable Runners: Cognizant Technology Solutions Corporation (CTSH), Medtronic plc (MDT), TechnipFMC plc (FTI)

Cognizant Technology Solutions Corporation (CTSH) failed to extend gains with the stock declining -0.05% or $-0.03 to close the day at $58.1 on lower than average trading volume of 4.16M shares, compared to its three month average trading volume of 6.36M. The Teaneck New Jersey 07666 based company has been outperforming the business software & services companies by 7.1588% for last three months and its recent gains have pushed the stock slightly up 3.69% YTD, versus the business software & services industry which is up 3.99% for the same period. The RSI of 61.2 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services include IT strategy consulting, program management consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship management implementation services. The company also offers enterprise information management services, such as strategic, advisory, and management consulting; enterprise data management; descriptive analytics/business intelligence; strategic corporate performance management; and packaged analytics services, as well as big data services that assist clients in managing and deriving actionable insights. In addition, it provides application testing services; and develops, licenses, implements, and supports proprietary and third-party software products, as well as offers digital technologies services. Further, the company offers outsourcing services, such as application maintenance services; IT infrastructure services; and business process services, including clinical data management, pharmacovigilance, equity research support, commercial operations, and order management. It serves various industries, including banking and insurance; healthcare and life sciences; manufacturing and logistics; retail, travel, and hospitality; consumer goods; communications; information, media, and entertainment; and technology. The company markets and sells services through its professional staff, senior management, and direct sales personnel. Cognizant Technology Solutions Corporation was founded in 1998 and is headquartered in Teaneck, New Jersey.

Medtronic plc (MDT) had a light trading with around 4.15M shares changing hands compared to its three month average trading volume of 6.67M. The stock traded between $77.16 and $78 before closing at the price of $77.99 with 0.37% change on the day. The Dublin Dublin 2 based company is currently trading 12.46% above its 52 week low of $69.35 and -12.11% below its 52 week high of $89.27. Both the RSI indicator and target price of 70.04 and $84.54 respectively, lead us to believe that it could drop over the coming weeks.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators and cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, peripheral vascular intervention products, and products to treat superficial and deep venous diseases. Its Minimally Invasive Therapies Group segment provides gastrointestinal diagnostics, ablation, and interventional lung solutions; stapling, vessel sealing, and other surgical instruments; sutures; electrosurgery products; hernia mechanical devices; mesh implants; products for patient monitoring and recovery; sensors; monitors; compression and dialysis, enteral feeding, and wound care products; and operating room supplies, electrodes, needles, syringes, and sharps disposals. The company’s Restorative Therapies Group segment offers products for various areas of the spine; bone graft substitutes; biologic products; trauma, implantable neurostimulation therapies, and drug delivery systems for the treatment of chronic pain, movement disorders, obsessive-compulsive disorder, overactive bladder, urinary retention, fecal incontinence, and gastroparesis; products to treat conditions of the ear, nose, throat, and neurological disorders; systems that incorporate advanced energy surgical instruments; products for haemostatic sealing of soft tissue and bone; and image-guided surgery and intra-operative imaging systems. Its Diabetes Group segment provides insulin pumps and consumables; continuous glucose monitoring systems; and Web-based therapy management software solutions. It serves hospitals, physicians, clinicians, and patients. Medtronic plc was founded in 1949 and is headquartered in Dublin, Ireland.

TechnipFMC plc (FTI) traded within a range of $32.28 to $32.78 after opening the day at $32.44. The company has seen its stock decrease in value by -8.58% so far this year. The stock was down close to -0.61% on light volume in last trading session and closed at $32.48 per share. After the recent fall, the stock is currently holding -12.43% below its 52 week high of $37.09 and 40.97% above its 12-month low of $23.27. The shares are down by over -8.25% in the last three months, and the RSI indicator value of 43.25 is neither bullish nor bearish, tempting investors to stay on the sidelines.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

 

Stocks in Review: American Electric Power Company, Inc. (AEP), TechnipFMC plc (FTI), WestRock Company (WRK)

American Electric Power Company, Inc. (AEP) traded within a range of $62.96 to $63.74 after opening the day at $63.64. The company has seen its stock increase in value by 1.43% so far this year. The stock was down close to -0.82% on light volume in last trading session and closed at $63.27 per share. After the recent fall, the stock is currently holding -8.87% below its 52 week high of $71.32 and 10.31% above its 12-month low of $57.89. The shares are up by over 6.45% in the last three months, and the RSI indicator value of 54.59 is neither bullish nor bearish, tempting investors to stay on the sidelines.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company delivers electricity to approximately 5.4 million customers in 11 states. The company owns and leases approximately 4,838 railcars, 498 barges, 12 towboats, 8 harbor boats, and a coal handling terminal. American Electric Power Company, Inc. was founded in 1906 and is headquartered in Columbus, Ohio.

TechnipFMC plc (FTI) continued its upward trend with the stock climbing 1.51% or $0.48 to close the day at $32.33 on light trading volume of 3.56M shares, compared to its three month average trading volume of 5.33M. The London London & South East EC4M 8AP based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 37.69%, compared to the industry which has advanced 35.64% over the same period. With RSI of 41.15, the stock should still continue to rise and get closer to its one year target estimate of $38.64, making it a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

WestRock Company (WRK) gained $0.82 to close the day at a new closing price of $53.52, a 1.56% increase in value from its previous closing price that moved the stock 81.1% above its 52 week low of $30.56. A total of 1.46M shares exchanged hands during the day compared with its three month average trading volume of 1.56M. The stock, which fluctuated between $52.71 and $53.73 during the day, currently situated -3.92% below its 52 week high. The stock is up by 3% in the past one month and up by 13.36% over the past three months. With a one year target estimate of $57.27 and RSI of 55.26, the stock still has upside potential, making it a hold for now.

WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, and Asia. The company operates through Corrugated Packaging, Consumer Packaging, and Land and Development segments. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards for consumer and industrial products manufacturers, and corrugated box manufacturers; and recycled fiber. This segment also provides structural and graphic design, engineering services, and automated packaging machines; resells aluminum and plastics; and offers waste services. Its corrugated packaging products are used to provide protective packaging for the shipment and distribution of food, paper, health and beauty, other household, consumer, commercial, and industrial products. The Consumer Packaging segment manufactures and sells folding and beverage cartons, displays, dispensing, and interior partitions; paperboards; recycled paperboards; express mail envelopes for the overnight courier industry; and secondary packages and paperboard packaging for the healthcare market. This segment also manufactures and sells solid fiber and corrugated partitions and die-cut paperboard components; temporary and permanent point-of-purchase displays for the consumer products and retail markets; dispensing systems, such as pumps; lithographic laminated packaging products; flip-top and applicator closures; plastic packaging products; trigger sprayers; aerosol actuators; hose-end sprayers; spouted and applicator closures; and sprayers for nasal and throat applications, as well as provides contract packing services. The company’s Land and Development segment engages in real estate development activities. WestRock Company is based in Richmond, Virginia.

 

Stocks In Queue: Energy Transfer Equity, L.P. (ETE), TechnipFMC plc (FTI), Newmont Mining Corporation (NEM)

Energy Transfer Equity, L.P. (ETE) fell -1.62% during last trading as the stock lost $-0.31 to finish the day at $18.84 with about 5.3M shares changing hands, compared to its three month average trading volume of 6.98M. The $20.05B market cap company, which fluctuated between $18.83 and $19.37 during the day, currently situated 341.08% above its 52 week low of $5.67 and -4.57% away from its one year high of $20.05. The RSI of 56.51 indicates the stock is neither overvalued nor undervalued at the current levels, 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.

TechnipFMC plc (FTI) gained $0.51 to close the day at a new closing price of $31.76, a 1.63% increase in value from its previous closing price that moved the stock 42.42% above its 52 week low of $23.04. A total of 5.28M shares exchanged hands during the day compared with its three month average trading volume of 5.33M. The stock, which fluctuated between $31.18 and $31.78 during the day, currently situated -14.37% below its 52 week high. The stock is down by -13.39% in the past one month and down by -5.25% over the past three months. With a one year target estimate of $38.64 and RSI of 34.51, the stock still has upside potential, making it a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

Newmont Mining Corporation (NEM) had a light trading with around 5.17M shares changing hands compared to its three month average trading volume of 8.01M. The stock traded between $36.75 and $37.72 before closing at the price of $37.65 with 1.21% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 66.48% above its 52 week low of $23.12 and -18.1% below its 52 week high of $46.07. Both the RSI indicator and target price of 61.95 and $39.88 respectively, lead us to believe that it should be put on hold 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.

 

Momentum Stocks: TechnipFMC plc (FTI), Tesla, Inc. (TSLA), Union Pacific Corporation (UNP)

TechnipFMC plc (FTI) retreated with the stock falling -0.79% or $-0.25 to close at $31.22 on light trading volume of 3.92M compared its three months average trading volume of 5.29M. The London London & South East EC4M 8AP based company operating under the Oil & Gas Equipment & Services industry has been trending up for the last 52 weeks, with the shares price now 35.86% up for the period and down by -12.13% so far this year. With price target of $35.91 and a 40% rebound from 52-week low, TechnipFMC plc has plenty of upside potential, making it a hold with a view buy.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

Tesla, Inc. (TSLA) had a light trading with around 3.91M shares changing hands compared to its three month average trading volume of 4.53M. The stock traded between $256.2 and $263.36 before closing at the price of $262.08 with 1.79% change on the day. The Palo Alto California 94304 based company is currently trading 85.81% above its 52 week low of $143.7 and -2.7% below its 52 week high of $269.34. Both the RSI indicator and target price of  and $240.94 respectively, lead us to believe that it could rise over the coming weeks.

Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. The company primarily offers sedans and sport utility vehicles. It also offers electric vehicle powertrain components and systems to other manufacturers. The company sells its products through a network of Tesla stores and galleries, as well as through Internet. In addition, it designs, manufactures, installs, monitors, maintains, leases, and sells solar energy systems to government, residential, and commercial customers; and sells electricity generated by solar energy systems to customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

Union Pacific Corporation (UNP) saw its value decrease by -0.29% as the stock dropped $-0.31 to finish the day at a closing price of $107.34. The stock was lighter in trading and has fluctuated between $73.59-$111.38 per share for the past year. The shares, which traded within a range of $106.27 to $107.93 during the day, are up by 18.99% in the past three months and up by 16.69% over the past six months. It is currently trading 0.34% above its 20 day moving average and 2.3% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $112.82 a share over the next twelve months. The current relative strength index (RSI) reading is 52.34.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. The company also provides transportation services for coal, petroleum coke, and biomass; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export container traffic. Its rail network includes 32,070 route miles linking the Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. Union Pacific Corporation was founded in 1862 and is headquartered in Omaha, Nebraska.

 

Stocks in the Spotlight: CBS Corporation (CBS), The Home Depot, Inc. (HD), TechnipFMC plc (FTI)

CBS Corporation (CBS) had a light trading with around 3.84M shares changing hands compared to its three month average trading volume of 4.18M. The stock traded between $64.15 and $65.13 before closing at the price of $64.67 with 0.81% change on the day. The New York New York 10019 based company is currently trading 58.27% above its 52 week low of $41.36 and -3.3% below its 52 week high of $66.88. Both the RSI indicator and target price of 59.46 and $69.72 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

The Home Depot, Inc. (HD) failed to extend gains with the stock declining -1.08% or $-1.49 to close the day at $136.49 on light trading volume of 3.83M shares, compared to its three month average trading volume of 4.92M. The Atlanta Georgia 30339 based company has been outperforming the home improvement stores group over the past 52 weeks, with the stock gaining 19.72%, compared to the industry which has advanced 17.68% over the same period. With RSI of 53.76, the stock should still continue to rise and get closer to its one year target estimate of $148.08, making it a hold for now.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

TechnipFMC plc (FTI) shares were down in last trading by -4.13% to $32.03. It experienced lighter than average volume on day. The stock decreased in value by almost -3.81% over the past week and fell -12.51% in the past month. It is currently trading -8.63% below its 50 day moving average and 5.85% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.64% decrease in value from its one year high of $37.09. The RSI indicator value of 32.53, lead us to believe that it is a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

 

Trader Alert: TechnipFMC plc (FTI), Cheniere Energy, Inc. (LNG), Apache Corporation (APA)

TechnipFMC plc (FTI) retreated with the stock falling -2.34% or $-0.79 to close at $32.92 on light trading volume of 3.1M compared its three months average trading volume of 5.24M. The London London & South East EC4M 8AP based company operating under the Oil & Gas Equipment & Services industry has been trending up for the last 52 weeks, with the shares price now 36.77% up for the period and down by -7.35% so far this year. With price target of $35.91 and a 47.62% rebound from 52-week low, TechnipFMC plc has plenty of upside potential, making it a hold with a view buy.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

Cheniere Energy, Inc. (LNG) gained $2.23 to close the day at a new closing price of $49.33, a 4.73% increase in value from its previous closing price that moved the stock 116.36% above its 52 week low of $22.8. A total of 3.08M shares exchanged hands during the day compared with its three month average trading volume of 2.51M. The stock, which fluctuated between $46.8 and $49.45 during the day, currently situated -2.37% below its 52 week high. The stock is up by 16.48% in the past one month and up by 31.83% over the past three months. With a one year target estimate of $51.75 and RSI of 66.69, the stock still has upside potential, making it a hold for now.

Cheniere Energy, Inc., an energy company, engages in the liquefied natural gas (LNG) related business in the United States. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business. The company owns and operates Sabine Pass LNG terminal in western Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns Creole Trail Pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines. In addition, the company is involved in the LNG and natural gas marketing business. Cheniere Energy, Inc. was founded in 1983 and is based in Houston, Texas.

Apache Corporation (APA) shares were up in last trading by 2.27% to $59.09. It experienced lighter than average volume on day. The stock decreased in value by almost -5.53% over the past week and fell -6.98% in the past month. It is currently trading -7.19% below its 50 day moving average and 2.26% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -14.02% decrease in value from its one year high of $69. The RSI indicator value of 35.25, lead us to believe that it is a hold for now.

Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.

 

3 Notable Runners: WestRock Company (WRK), American Electric Power Company, Inc. (AEP), TechnipFMC plc (FTI)

WestRock Company (WRK) continued its downward trend with the stock declining -0.74% or $-0.4 to close the day at $53.36 on lower than average trading volume of 1.34M shares, compared to its three month average trading volume of 1.55M. The Richmond Virginia 23219 based company has been outperforming the packaging & containers companies by 16.4189% for last three months and its recent gains have pushed the stock slightly up 5.1% YTD, versus the packaging & containers industry which is up 5.62% for the same period. The RSI of 54.61 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, and Asia. The company operates through Corrugated Packaging, Consumer Packaging, and Land and Development segments. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards for consumer and industrial products manufacturers, and corrugated box manufacturers; and recycled fiber. This segment also provides structural and graphic design, engineering services, and automated packaging machines; resells aluminum and plastics; and offers waste services. Its corrugated packaging products are used to provide protective packaging for the shipment and distribution of food, paper, health and beauty, other household, consumer, commercial, and industrial products. The Consumer Packaging segment manufactures and sells folding and beverage cartons, displays, dispensing, and interior partitions; paperboards; recycled paperboards; express mail envelopes for the overnight courier industry; and secondary packages and paperboard packaging for the healthcare market. This segment also manufactures and sells solid fiber and corrugated partitions and die-cut paperboard components; temporary and permanent point-of-purchase displays for the consumer products and retail markets; dispensing systems, such as pumps; lithographic laminated packaging products; flip-top and applicator closures; plastic packaging products; trigger sprayers; aerosol actuators; hose-end sprayers; spouted and applicator closures; and sprayers for nasal and throat applications, as well as provides contract packing services. The company’s Land and Development segment engages in real estate development activities. WestRock Company is based in Richmond, Virginia.

American Electric Power Company, Inc. (AEP) had a active trading with around 2.71M shares changing hands compared to its three month average trading volume of 2.67M. The stock traded between $62.95 and $64.11 before closing at the price of $64.06 with 1.34% change on the day. The Columbus Ohio 43215 based company is currently trading 10.66% above its 52 week low of $57.89 and -8.58% below its 52 week high of $71.32. Both the RSI indicator and target price of 65.05 and $67.08 respectively, lead us to believe that it should be put on hold over the coming weeks.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company delivers electricity to approximately 5.4 million customers in 11 states. The company owns and leases approximately 4,838 railcars, 498 barges, 12 towboats, 8 harbor boats, and a coal handling terminal. American Electric Power Company, Inc. was founded in 1906 and is headquartered in Columbus, Ohio.

TechnipFMC plc (FTI) traded within a range of $32.83 to $33.66 after opening the day at $33.43. The company has seen its stock decrease in value by -5.38% so far this year. The stock was up close to 0.96% on active volume in last trading session and closed at $33.62 per share. After the recent gain, the stock is currently holding -9.36% below its 52 week high of $37.09 and 50.76% above its 12-month low of $22.3. The shares are up by over 3.48% in the last three months, and the RSI indicator value of 40.82 is neither bullish nor bearish, tempting investors to stay on the sidelines.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

 

Stocks in the Spotlight: Alphabet Inc. (GOOG), Mylan N.V. (MYL), TechnipFMC plc (FTI)

Alphabet Inc. (GOOG) had a active trading with around 2.95M shares changing hands compared to its three month average trading volume of 1.74M. The stock traded between $820.44 and $841.95 before closing at the price of $823.31 with -1.06% change on the day. The Mountain View California 94043 based company is currently trading 24.17% above its 52 week low of $663.06 and -1.75% below its 52 week high of $841.95. Both the RSI indicator and target price of 63.36 and $946.22 respectively, lead us to believe that it should be put on hold over the coming weeks.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, and Google Play, as well as technical infrastructure and newer efforts, such as Virtual Reality. This segment also sells hardware products comprising Chromecast, Chromebooks, and Nexus. The Other Bets segment includes businesses, such as Access/Google Fiber, Calico, Nest, Verily, GV, Google Capital, X, and other initiatives. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California.

Mylan N.V. (MYL) managed to rebound with the stock climbing 1.55% or $0.56 to close the day at $36.66 on light trading volume of 2.95M shares, compared to its three month average trading volume of 5.7M. The Hatfield Hertfordshire EN6 1AG based company has been underperforming the drugs – generic group over the past 52 weeks, with the stock losing -27.31%, compared to the industry which has dropped -14.98% over the same period. With RSI of 46.34, the stock should still continue to rise and get closer to its one year target estimate of $49.84, making it a hold for now.

Mylan N.V., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, transdermal patch, gel, cream, or ointment forms, as well as active pharmaceutical ingredients (APIs). It is also involved in the development of APIs with non-infringing processes for internal use and to partner with manufacturers; and manufacture and sale of injectable products in antineoplastics, anti-infectives, anesthesia/pain management, and cardiovascular therapeutic areas. In addition, the company produces finished dosage form and oral solid dose products; and offers antiretroviral therapies to third parties. Further, it manufactures and sells branded specialty injectable and nebulized products comprising EpiPen Auto-Injector to treat severe allergic reactions; Perforomist Inhalation Solution, a formoterol fumarate inhalation solution for the maintenance treatment of bronchoconstriction in chronic obstructive pulmonary disorder patients; and ULTIVA, an analgesic agent used during the induction and maintenance of general anesthesia for inpatient and outpatient procedures. It sells generic pharmaceutical products to proprietary and ethical pharmaceutical wholesalers and distributors, group purchasing organizations, drug store chains, independent pharmacies, drug manufacturers, institutions, and public and governmental agencies; and specialty pharmaceuticals to pharmaceutical wholesalers and distributors, pharmacies, and healthcare institutions. Mylan N.V. has a collaboration agreement with Momenta Pharmaceuticals, Inc. to develop, manufacture, and commercialize Momenta Pharmaceuticals, Inc.’s biosimilar candidates. The company was formerly known as New Moon B.V. Mylan N.V. was founded in 1961 and is based in Hertfordshire, the United Kingdom.

TechnipFMC plc (FTI) shares were up in last trading by 0.14% to $35.3. It experienced lighter than average volume on day. The stock increased in value by almost 3.4% over the past week and fell -1.04% in the past month. It is currently trading 0.33% above its 50 day moving average and 17.24% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.83% decrease in value from its one year high of $37.09. The RSI indicator value of 52.86, lead us to believe that it is a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company is headquartered in London, the United Kingdom.

 

Stocks To Watch: Square, Inc. (SQ), TechnipFMC Limited (FTI), Duke Realty Corporation (DRE)

Square, Inc. (SQ) traded within a range of $14.13 to $14.63 after opening the day at $14.5. The company has seen its stock increase in value by 5.72% so far this year. The stock was down close to -1.3% on light volume in last trading session and closed at $14.41 per share. After the recent fall, the stock is currently holding -9.43% below its 52 week high of $15.91 and 78.76% above its 12-month low of $8.06. The shares are up by over 30.17% in the last three months, and the RSI indicator value of 52.05 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Square, Inc. develops and provides payment processing, point-of-sale (POS), financial, and marketing services worldwide. It provides Square Register, a POS software application for iOS and Android, which enables sellers across a range of business types to itemize products or services for faster checkout; Square Analytics that shows its sellers how their businesses are performing; Instant Deposit service that sends funds from a sale immediately to a seller’s bank account; and Square Reader for magnetic stripe cards, EMV chip cards, and NFC, which connects wirelessly to mobile devices. The company also offers Square Stand that transforms an iPad into a POS terminal; Square Invoices and Square Online Store for processing payments; Square Cash, a peer-to-peer payments service; and Square Appointments, a POS services. In addition, its products include gift cards, employee management, payroll, and other software and data services. Further, the company provides Square Capital, a financial service product, which provides merchant cash advances to pre-qualified sellers; Square Customer Engagement, a marketing service product; and Caviar, a food delivery service. The company’s customers include retail, services, food, and leisure industries. It serves sellers of various sizes, ranging from a single vendor at a farmers’ market to multinational businesses. Square, Inc. was founded in 2009 and is headquartered in San Francisco, California.

TechnipFMC Limited (FTI) failed to extend gains with the stock declining -0.06% or $-0.02 to close the day at $35.25 on light trading volume of 4.29M shares, compared to its three month average trading volume of 5.26M. The London London & South East EC4M 8AP based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 47.37%, compared to the industry which has advanced 40.78% over the same period. With RSI of 51.61, the stock should still continue to rise and get closer to its one year target estimate of $35.91, making it a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company was founded in 1958 and is headquartered in London, United Kingdom.

Duke Realty Corporation (DRE) dropped $-0.87 to close the day at a new closing price of $25.23, a -3.33% decrease in value from its previous closing price that moved the stock 38.94% above its 52 week low of $18.57. A total of 4.24M shares exchanged hands during the day compared with its three month average trading volume of 2.9M. The stock, which fluctuated between $25.2 and $26.21 during the day, currently situated -11.69% below its 52 week high. The stock is down by -2.81% in the past one month and down by -2.17% over the past three months. With a one year target estimate of $28.33 and RSI of 33.48, the stock still has upside potential, making it a hold for now.

Duke Realty Corporation is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It offers a single point of responsibility for all aspects of a project, including leasing, asset management, construction and development. The firm primarily invests in commercial real estate sector. It was founded in 1972 and is headquartered in Indianapolis, Indiana with additional offices in Atlanta, Georgia; Baltimore, Maryland; Central Florida; Chicago, Illinois; Cincinnati, Ohio; Columbus, Ohio; Dallas, Texas; Houston, Texas; Minneapolis, Minnesota; Nashville, Tennessee; New Jersey; Northern and Southern California; Pennsylvania; Phoenix, Arizona; Raleigh, North Carolina; St. Louis, Missouri; Savannah, Georgia; Seattle, Washington; Washington D.C.; and South Florida.

 

Stocks in Review: Nuance Communications, Inc. (NUAN), Groupon, Inc. (GRPN), TechnipFMC Limited (FTI)

Nuance Communications, Inc. (NUAN) traded within a range of $15.89 to $16.34 after opening the day at $16.07. The company has seen its stock increase in value by 7.38% so far this year. The stock was up close to 0.31% on active volume in last trading session and closed at $16 per share. After the recent gain, the stock is currently holding -22.18% below its 52 week high of $20.56 and 19.05% above its 12-month low of $13.44. The shares are up by over 15.03% in the last three months, and the RSI indicator value of 57.44 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Nuance Communications, Inc. provides voice recognition and natural language understanding solutions worldwide. It operates through four segments: Healthcare, Mobile, Enterprise, and Imaging. The Healthcare segment offers transcription solutions, which enables physicians to streamline clinical documentation with medical transcription platform; Dragon Medical, a dictation software that empowers physicians to accurately capture and document patient care in real-time on various devices; clinical document improvement and coding solutions to ensure patient health information is accurately documented, coded, and evaluated; and diagnostic solutions that allows radiologists to document, collaborate, and share medical images and reports. It also provides Dragon professional and personal productivity solutions to business users and consumers. The Mobile segment provides a portfolio of virtual assistants and connected services built on voice recognition, text-to-speech, natural language understanding, dialog, and text input technologies to automotive manufacturers, device makers, and mobile operators. The Enterprise segment offers OnPremise solutions and services, an automated customer service solution comprising speech recognition, voice biometrics, transcription, text-to-speech, and dialog and analytics products; and OnDemand multichannel cloud, a platform that offers enterprises the ability to implement automatic customer service. The Imaging segment provides MFP Scan automation solutions to offer scanning and document management solutions; MFP Print automation solutions to deliver printing and document management solutions; and PDF and OCR software, a technology that enables the capture, creation, and management of document workflows. The company was formerly known as ScanSoft, Inc. and changed its name to Nuance Communications, Inc. in October 2005. Nuance Communications, Inc. was founded in 1992 and is headquartered in Burlington, Massachusetts.

Groupon, Inc. (GRPN) managed to rebound with the stock declining 0% or $0 to close the day at $3.49 on active trading volume of 6.17M shares, compared to its three month average trading volume of 14.69M. The Chicago Illinois 60654 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 25.54%, compared to the industry which has advanced 20.79% over the same period. With RSI of 42.3, the stock should still continue to rise and get closer to its one year target estimate of $4.93, making it a hold for now.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. The company was founded in 2008 and is headquartered in Chicago, Illinois. Groupon, Inc. is a subsidiary of The Point, LLC.

TechnipFMC Limited (FTI) gained $1.06 to close the day at a new closing price of $35.27, a 3.1% increase in value from its previous closing price that moved the stock 58.16% above its 52 week low of $22.3. A total of 6.11M shares exchanged hands during the day compared with its three month average trading volume of 5.2M. The stock, which fluctuated between $34.49 and $35.33 during the day, currently situated -4.91% below its 52 week high. The stock is up by 0.06% in the past one month and up by 8.82% over the past three months. With a one year target estimate of $35.91 and RSI of 50.98, the stock still has upside potential, making it a hold for now.

TechnipFMC plc provides technologies, systems, and services for oil and gas projects worldwide. It operates in three segments: Subsea, Onshore/Offshore, and Surface Projects. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products. This segment also provides subsea services, including drilling, installation, completion, and field services, as well as asset management, well intervention and IMR, ROVs, and manipulator system services; and services for subsea projects comprising front end to decommissioning, field architecture, integrated design, engineering, procurement, construction, and installation services. The Onshore/Offshore segment offers technical, technological, and project management services across fixed, floating, and onshore facilities, as well as offshore services. The Surface Projects segment provides drilling, completion, and production wellhead equipment, as well as chokes, compact valves, manifolds, and controls; treating iron, manifolds, and reciprocating pumps for stimulation and cementing; separation and flow-treatment systems; flow metering products and systems; marine, truck, and railcar loading systems; installation maintenance services; frac-stack, manifold rental, and operation services; and flowback and well testing services. The company was founded in 1958 and is headquartered in London, United Kingdom.