Stocks Alert: Johnson & Johnson (JNJ), The Blackstone Group L.P. (BX), Tesla, Inc. (TSLA)

Johnson & Johnson (JNJ) grew with the stock adding 0.75% or $0.88 to close at $118.08 on active trading volume of 7.11M compared its three months average trading volume of 6.78M. The New Brunswick New Jersey 08933 based company operating under the Drug Manufacturers – Major industry has been trending up for the last 52 weeks, with the shares price now 16.48% up for the period and up by 2.49% so far this year. With price target of $124.56 and a 19.45% rebound from 52-week low, Johnson & Johnson has plenty of upside potential, making it a hold with a view buy.

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.

The Blackstone Group L.P. (BX) dropped $-0.54 to close the day at a new closing price of $30.4, a -1.75% decrease in value from its previous closing price that moved the stock 41.69% above its 52 week low of $22.45. A total of 7.11M shares exchanged hands during the day compared with its three month average trading volume of 5.14M. The stock, which fluctuated between $30.33 and $31.15 during the day, currently situated -2.97% below its 52 week high. The stock is up by 4.35% in the past one month and up by 19.17% over the past three months. With a one year target estimate of $35.13 and RSI of 54.18, the stock still has upside potential, making it a hold for now.

The Blackstone Group L.P. is a publicly owned hedge fund sponsor. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations, retirees, sovereign wealth funds, and institutional and individual investors. The firm manages separate client focused portfolios for its clients. It launches fixed income mutual funds. The firm also launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York, New York with additional offices in London, United Kingdom, Hong Kong, Beijing, China, Dubai, UAE, Dusseldorf, Germany, Los Angeles, Santa Monica, Mexico City, Mexico, Paris, France, Sao Paulo, Brazil, Seoul, Korea, Shanghai, China, Singapore, Sydney, Australia, Copenhagen, Denmark, and Tokyo, Japan.

Tesla, Inc. (TSLA) shares were down in last trading by -3.86% to $268.95. It experienced higher than average volume on day. The stock decreased in value by almost -0.09% over the past week and grew 12.83% in the past month. It is currently trading 16.49% above its 50 day moving average and 25.06% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -6.42% decrease in value from its one year high of $287.39. The RSI indicator value of 66.98, lead us to believe that it is a hold for now.

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.

 

Trader’s Buzzers: Tesla, Inc. (TSLA), Targa Resources Corp. (TRGP), Twitter, Inc. (TWTR)

Tesla, Inc. (TSLA) traded within a range of $278.61 to $287.39 after opening the day at $279.03. The company has seen its stock increase in value by 31.49% so far this year. The stock was up close to 0.14% on active volume in last trading session and closed at $280.98 per share. After the recent gain, the stock is currently holding 0.07% above its 52 week high of $287.39 and 82.32% above its 12-month low of $156.68. The shares are up by over 49.01% in the last three months, and the RSI indicator value of 87.75 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

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.

Targa Resources Corp. (TRGP) failed to extend gains with the stock declining -0.44% or $-0.26 to close the day at $59.3 on light trading volume of 1.52M shares, compared to its three month average trading volume of 2.08M. The Houston Texas 77002 based company has been outperforming the oil & gas pipelines group over the past 52 weeks, with the stock gaining 274.02%, compared to the industry which has advanced 67.77% over the same period. With RSI of 56.76, the stock should still continue to rise and get closer to its one year target estimate of $57.67, making it a hold for now.

Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. It is involved in gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, terminaling, and selling NGLs and NGL products; and gathering, storing, and terminaling crude oil and refined petroleum products. The company also purchases and resells component NGL products; sells propane and provides related logistics services to multi-state retailers, independent retailers, and other end-users; offers NGL balancing services; and provides transportation services to refineries and petrochemical companies in the Gulf Coast area. It operates approximately 23,630 miles of natural gas pipelines, including 28 owned and operated processing plants; and 39 storage wells with a net storage capacity of approximately 64 million barrels. As of December 31, 2015, the company leased and managed approximately 716 railcars; 80 owned and leased transport tractors; and 20 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas.

Twitter, Inc. (TWTR) gained $0.71 to close the day at a new closing price of $16.52, a 4.49% increase in value from its previous closing price that moved the stock 20.32% above its 52 week low of $13.73. A total of 34.74M shares exchanged hands during the day compared with its three month average trading volume of 18.68M. The stock, which fluctuated between $15.85 and $16.6 during the day, currently situated -34.57% below its 52 week high. The stock is down by -4.23% in the past one month and down by -10.94% over the past three months. With a one year target estimate of $16.57 and RSI of 43.87, the stock still has upside potential, making it a hold for now.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that enables user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.

 

Stocks in Review: Annaly Capital Management, Inc. (NLY), MGM Resorts International (MGM), Tesla, Inc. (TSLA)

Annaly Capital Management, Inc. (NLY) traded within a range of $10.46 to $10.56 after opening the day at $10.5. The company has seen its stock increase in value by 5.52% so far this year. The stock was up close to 0.57% on light volume in last trading session and closed at $10.52 per share. After the recent gain, the stock is currently holding -1.62% below its 52 week high of $11.29 and 23.93% above its 12-month low of $9.71. The shares are up by over 6.26% in the last three months, and the RSI indicator value of 67.15 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. It invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; and residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities. The company also acquires, finances, and manages commercial loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets. In addition, it engages in corporate middle market lending transactions; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1997 and is based in New York, New York.

MGM Resorts International (MGM) continued its downward trend with the stock declining -0.31% or $-0.09 to close the day at $28.53 on light trading volume of 3.63M shares, compared to its three month average trading volume of 7.04M. The Las Vegas Nevada 89109 based company has been outperforming the resorts & casinos group over the past 52 weeks, with the stock gaining 68.52%, compared to the industry which has advanced 44.25% over the same period. With RSI of 43.76, the stock should still continue to rise and get closer to its one year target estimate of $34.67, making it 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.

Tesla, Inc. (TSLA) gained $0.03 to close the day at a new closing price of $269.23, a 0.01% increase in value from its previous closing price that moved the stock 89.95% above its 52 week low of $154.11. A total of 3.62M shares exchanged hands during the day compared with its three month average trading volume of 4.54M. The stock, which fluctuated between $266.11 and $270.95 during the day, currently situated -0.72% below its 52 week high. The stock is up by 17.19% in the past one month and up by 41.66% over the past three months. With a one year target estimate of $240.94 and RSI of 84.22, the stock still has upside potential, making it a sell for now.

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.

 

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.

 

Worth Watching Stocks: Tesla, Inc. (TSLA), Netflix, Inc. (NFLX), Celgene Corporation (CELG)

Tesla, Inc. (TSLA) saw its value increase by 2.56% as the stock gained $6.44 to finish the day at a closing price of $257.77. The stock was lighter in trading and has fluctuated between $141.05-$269.34 per share for the past year. The shares, which traded within a range of $250.63 to $257.82 during the day, are up by 37.54% in the past three months and up by 12.06% over the past six months. It is currently trading 5.91% above its 20 day moving average and 18.18% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $240.94 a share over the next twelve months. The current relative strength index (RSI) reading is 79.02.The technical indicator do not lead us to believe the stock will see more gains any time soon.

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.

Netflix, Inc. (NFLX) shares were up in last trading by 0.51% to $140.97. It experienced lighter than average volume on day. The stock decreased in value by almost -0.18% over the past week and grew 6.95% in the past month. It is currently trading 9.68% above its 50 day moving average and 31.92% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.74% decrease in value from its one year high of $143.46. The RSI indicator value of 65.56, lead us to believe that it is a hold for now.

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. It offers members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. It serves approximately 93 million streaming members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

Celgene Corporation (CELG) traded within a range of $115.04 to $116.53 after opening the day at $115.69. The company has seen its stock increase in value by 0.29% so far this year. The stock was up close to 0.39% on light volume in last trading session and closed at $116.09 per share. After the recent gain, the stock is currently holding -8.59% below its 52 week high of $127 and 22.99% above its 12-month low of $94.39. The shares are up by over 13.42% in the last three months, and the RSI indicator value of 51.37 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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; Nurix Inc.; Abbott; Sage Bionetworks; and PharmAkea Inc. The company was founded in 1980 and is headquartered in Summit, New Jersey.