Equities Trend Analysis: Tesoro Corporation (TSO), Carnival Corporation (CCL), Verizon Communications Inc. (VZ)

Tesoro Corporation (TSO) grew with the stock adding 0.76% or $0.66 to close at $88.01 on light trading volume of 1.57M compared its three months average trading volume of 2.62M. The San Antonio Texas 78259 based company operating under the Oil & Gas Refining & Marketing industry has been trending up for the last 52 weeks, with the shares price now 28.33% up for the period and up by 0.64% so far this year. With price target of $105.63 and a 33.3% rebound from 52-week low, Tesoro Corporation has plenty of upside potential, making it a hold with a view buy.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

Carnival Corporation (CCL) had a light trading with around 2.76M shares changing hands compared to its three month average trading volume of 3.35M. The stock traded between $56.28 and $56.64 before closing at the price of $56.37 with -0.16% change on the day. The Miami Florida 33178 based company is currently trading 33.15% above its 52 week low of $42.84 and -2.46% below its 52 week high of $57.79. Both the RSI indicator and target price of  and $57.36 respectively, lead us to believe that it could rise over the coming weeks.

Carnival Corporation operates as a leisure travel and cruise company in North America, Europe, Australia, and Asia. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. The company operates approximately 100 cruise ships. It also owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon, which owns and operates hotels, lodges, glass-domed railcars, and motor coaches. In addition, the company is involved in the leasing of cruise ships. It sells its cruises primarily through travel agents and tour operators. The company was incorporated in 1972 and is headquartered in Miami, Florida. Carnival Corporation is a subsidiary of Carnival Corporation & Plc.

Verizon Communications Inc. (VZ) saw its value decrease by -0.58% as the stock dropped $-0.28 to finish the day at a closing price of $48.27. The stock was higher in trading and has fluctuated between $46.01-$56.95 per share for the past year. The shares, which traded within a range of $47.99 to $48.47 during the day, are up by 4.49% in the past three months and down by -7.96% over the past six months. It is currently trading -3.02% below its 20 day moving average and -5.59% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $52.23 a share over the next twelve months. The current relative strength index (RSI) reading is 35.32.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; messaging services; wireless Internet access services on notebook computers and tablets; multimedia access services; business-focused services; location-based services; global data services; home phone connect services; high-speed Internet service; and network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in health monitoring, education, manufacturing, utilities, distribution, and consumer products markets, as well as offers wireless devices, including smartphones and basic phones, tablets, and other Internet access devices. As of December 31, 2015, it had 112.1 million retail connections. The company’s Wireline segment provides high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as VoIP services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services, including collocation and managed hosting; cloud services, such as computing, storage, backup, recovery, and application platforms; and business communications services. This segment also offers IoT services; data security services; voice and data services; and data, voice, local dial tone, and broadband services primarily to local, long distance, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

 

Stocks Under Consideration: Tesoro Corporation (TSO), The Hartford Financial Services Group, Inc. (HIG), General Mills, Inc. (GIS)

Tesoro Corporation (TSO) retreated with the stock falling -0.29% or $-0.25 to close at $87.33 on light trading volume of 1.99M compared its three months average trading volume of 2.63M. The San Antonio Texas 78259 based company operating under the Oil & Gas Refining & Marketing industry has been trending up for the last 52 weeks, with the shares price now 24.54% up for the period and down by -0.14% so far this year. With price target of $105.63 and a 32.27% rebound from 52-week low, Tesoro Corporation has plenty of upside potential, making it a hold with a view buy.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

The Hartford Financial Services Group, Inc. (HIG) had a light trading with around 1.99M shares changing hands compared to its three month average trading volume of 2.52M. The stock traded between $47.45 and $47.87 before closing at the price of $47.86 with 0.67% change on the day. The Hartford Connecticut 06155 based company is currently trading 27.17% above its 52 week low of $38.92 and -3.66% below its 52 week high of $49.68. Both the RSI indicator and target price of  and $52.42 respectively, lead us to believe that it could rise over the coming weeks.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. It operates through six segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds, and Talcott Resolution. The Commercial Lines segment offers workers’ compensation, property, automobile, liability, umbrella, marine, and livestock insurance, as well as customized insurance products and services, including general liability, professional liability, bond, and specialty casualty coverages. The Personal Lines segment provides automobile, homeowners, and personal umbrella coverages to individuals. The Property & Casualty Other Operations segment manages property and casualty insurance. The Group Benefits segment offers group life, accident and disability coverage, and group retiree health to employer groups, associations, and affinity groups; and disability underwriting, administration, claims processing, and reinsurance to other insurers and self-funded employer plans. The Mutual Funds segment provides investment products for retail and retirement accounts; and investment-management and administrative services, such as product design, implementation, and oversight, as well as the runoff of the mutual funds supporting the company’s variable annuity products. The Talcott Resolution segment engages in the U.S. annuity, institutional, and private-placement life insurance businesses. It has a research partnership with UCLA Anderson Forecast to understand the critical economic issue and other trends affecting small business. The Hartford Financial Services Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut.

General Mills, Inc. (GIS) saw its value decrease by -0.48% as the stock dropped $-0.3 to finish the day at a closing price of $62.76. The stock was lighter in trading and has fluctuated between $56.34-$72.95 per share for the past year. The shares, which traded within a range of $62.63 to $63.33 during the day, are up by 0.81% in the past three months and down by -10.32% over the past six months. It is currently trading 0.97% above its 20 day moving average and 1.45% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $63.6 a share over the next twelve months. The current relative strength index (RSI) reading is 53.44.The technical indicator lead us to believe there will be no major movement any time soon, hold.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. It operates in three segments: U.S. Retail, International, and Convenience Stores and Foodservice. The company offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, grain and fruit and savory snacks, stable and frozen vegetables, and ice cream and frozen desserts, as well as various organic products, including meal kits, granola bars, and cereal. The company markets its products under the Annie’s, Betty Crocker, Bisquick, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto’s, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jeno’s, Jus-Rol, Kitano, Kix, La Salteña, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino’s, Trix, Wanchai Ferry, Wheaties, Yoki, and Yoplait names. General Mills, Inc. also supplies branded and unbranded food products to the foodservice and commercial baking industries. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce grocery providers, commercial and noncommercial foodservice distributors and operators, restaurants, and convenience stores, as well as drug, dollar, and discount chains. The company operates 530 ice cream parlors; and franchises 344 branded ice cream parlors. General Mills, Inc. also exports its products primarily to Caribbean and Latin American markets. The company was founded in 1928 and is headquartered in Minneapolis, Minnesota.

 

Stocks in the Spotlight: The TJX Companies, Inc. (TJX), Tesoro Corporation (TSO), The Southern Company (SO)

The TJX Companies, Inc. (TJX) had a active trading with around 4M shares changing hands compared to its three month average trading volume of 3.55M. The stock traded between $75.05 and $75.77 before closing at the price of $75.51 with 0.37% change on the day. The Framingham Massachusetts 01701 based company is currently trading 14.9% above its 52 week low of $67.41 and -9.09% below its 52 week high of $83.64. Both the RSI indicator and target price of 50.94 and $84.52 respectively, lead us to believe that it should be put on hold over the coming weeks.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; seasonal items; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of July 30, 2016, the company operated a total of 3,675 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as through three e-commerce sites. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

Tesoro Corporation (TSO) continued its upward trend with the stock climbing 0.15% or $0.13 to close the day at $85.32 on active trading volume of 3.93M shares, compared to its three month average trading volume of 2.59M. The San Antonio Texas 78259 based company has been outperforming the oil & gas refining & marketing group over the past 52 weeks, with the stock gaining 19.01%, compared to the industry which has advanced 23.62% over the same period. With RSI of 56.74, the stock should still continue to rise and get closer to its one year target estimate of $105.13, making it a hold for now.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

The Southern Company (SO) shares were up in last trading by 0.92% to $49.22. It experienced lighter than average volume on day. The stock increased in value by almost 1.38% over the past week and grew 1.42% in the past month. It is currently trading 1.29% above its 50 day moving average and -1.21% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.89% decrease in value from its one year high of $54.64. The RSI indicator value of 56.76, lead us to believe that it is a hold for now.

The Southern Company, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, including renewable energy projects. As of December 31, 2015, it operated 33 hydroelectric generating stations, 31 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 16 solar facilities, 1 wind facility, 1 biomass facility, and 1 landfill gas facility. The company also provides digital wireless communications services with various communication options, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data; and wholesale fiber optic solutions to telecommunication providers in the Southeast. The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia.

 

3 Notable Runners: The Manitowoc Company, Inc. (MTW), Tesoro Corporation (TSO), CIT Group Inc. (CIT)

The Manitowoc Company, Inc. (MTW) managed to rebound with the stock climbing 6.52% or $0.41 to close the day at $6.7 on higher than average trading volume of 2.7M shares, compared to its three month average trading volume of 2.12M. The Manitowoc Wisconsin 54220 based company has been outperforming the farm & construction machinery companies by 71.584% for last three months and its recent gains have pushed the stock slightly up 12.04% YTD, versus the farm & construction machinery industry which is up 3.49% for the same period. The RSI of 55.93 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Manitowoc Company, Inc. designs, manufactures, and sells cranes and related products worldwide. It offers lattice-boom cranes, including crawler and truck mounted lattice-boom cranes, and crawler crane attachments; tower cranes comprising top slewing, luffing jib, topless, and self-erecting tower cranes; mobile telescopic cranes, including rough terrain, all-terrain, truck mounted, and industrial cranes; and boom trucks, such as telescopic boom trucks under the Manitowoc, Grove, Potain, National Crane, and Shuttlelift brands. The company also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services under the Manitowoc Crane Care brand name. The company’s products are used in various applications, including energy and utilities; petrochemical and industrial projects; infrastructure development, such as road, bridge, and airport construction; and commercial and high-rise residential construction industries. The company was founded in 1853 and is based in Manitowoc, Wisconsin.

Tesoro Corporation (TSO) had a active trading with around 2.7M shares changing hands compared to its three month average trading volume of 2.48M. The stock traded between $81.88 and $84.05 before closing at the price of $83.52 with 1.22% change on the day. The San Antonio Texas 78259 based company is currently trading 26.5% above its 52 week low of $67.8 and -10.25% below its 52 week high of $93.5. Both the RSI indicator and target price of 51.14 and $105.13 respectively, lead us to believe that it should be put on hold over the coming weeks.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

CIT Group Inc. (CIT) traded within a range of $41.47 to $42.86 after opening the day at $41.6. The company has seen its stock increase in value by 0.28% so far this year. The stock was up close to 4.31% on active volume in last trading session and closed at $42.8 per share. After the recent gain, the stock is currently holding -2.71% below its 52 week high of $43.99 and 72.12% above its 12-month low of $25.19. The shares are up by over 21.92% in the last three months, and the RSI indicator value of 54.01 is neither bullish nor bearish, tempting investors to stay on the sidelines.

CIT Group Inc. operates as the holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers. Its North America Banking segment provides lending and deposit products, such as checking, savings, certificates of deposit, residential mortgage loans, and investment advisory services, as well as cash management and advisory services; and senior secured loans, revolving lines of credit, term loans, and asset-based loans. It also provides financing services; originates small business administration loans; and senior secured commercial real estate loans. In addition, it offers factoring and receivable management products; leasing and equipment financing solutions; and private banking services. The company’s Transportation & International Finance segment offers leasing and financing solutions, such as aircraft leasing, lending, asset management, and advisory services to airlines; and term loans, leases, pre-delivery financing, fractional share financing, and vendor/manufacturer financing for corporate and private owners of business jets. This segment also provides senior secured loans, sale-leasebacks, and bareboat charters to owners and operators of oceangoing cargo vessels. Its Legacy Consumer Mortgages segment offers a portfolio of single-family residential mortgage loans and reverse mortgage loans. The company’s Corporate and Other segment provides investments and other unallocated items, such as amortization of intangible assets. CIT Group Inc. also offers acquisition and expansion financing, insurance, credit protection, letters of credit/trade acceptances, merger and acquisition advisory services, debt restructuring, debt underwriting and syndication, and online banking services. The company offers its services through 70 branches located in southern California, as well as through other offices worldwide. CIT Group Inc. was founded in 1908 and is headquartered in Livingston, New Jersey.

 

Stocks Buzz: Integrated Device Technology, Inc. (IDTI), Tesoro Corporation (TSO), SLM Corporation (SLM)

Integrated Device Technology, Inc. (IDTI) managed to rebound with the stock climbing 0.16% or $0.04 to close the day at $25.23 on active trading volume of 2.59M shares, compared to its three month average trading volume of 1.92M. The San Jose California 95138 based company has been outperforming the semiconductor – broad line group over the past 52 weeks, with the stock gaining 35.14%, compared to the industry which has advanced 44.63% over the same period. With RSI of 54.32, the stock should still continue to rise and get closer to its one year target estimate of $27, making it a hold for now.

Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, and industrial end-markets worldwide. It operates in two segments, Communications; and Computing, Consumer, and Industrial. The Communications segment offers communication timing products, such as clocks and timing solutions; flow-control management devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and frequency control solutions. The Computing, Consumer, and Industrial segment provides clock generation and distribution products, programmable timing devices, computing timing solutions, high-performance server memory interfaces, PCI Express switching solutions, power management solutions, and signal integrity products, as well as sensing products for mobile, automotive, and industrial solutions. The company markets its products primarily to original equipment manufacturers through various channels, including direct sales, distributors, electronic manufacturing suppliers, and independent sales representatives. Integrated Device Technology, Inc. was founded in 1980 and is headquartered in San Jose, California.

Tesoro Corporation (TSO) grew with the stock adding 0.16% or $0.13 to close at $80.98 on active trading volume of 2.58M compared its three months average trading volume of 2.49M. The San Antonio Texas 78259 based company operating under the Oil & Gas Refining & Marketing industry has been trending up for the last 52 weeks, with the shares price now 3.27% up for the period and down by -7.4% so far this year. With price target of $105.13 and a 22.66% rebound from 52-week low, Tesoro Corporation has plenty of upside potential, making it a hold with a view buy.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

SLM Corporation (SLM) failed to extend gains with the stock declining -0.34% or $-0.04 to close the day at $11.84 on lower than average trading volume of 2.58M shares, compared to its three month average trading volume of 4.52M. The Newark Delaware 19713 based company has been outperforming the credit services companies by 67.8961% for last three months and its recent gains have pushed the stock slightly up 7.44% YTD, versus the credit services industry which is up 1.93% for the same period. The RSI of 63.8 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for education company in the United States. It offers private education loans to students and their families. The company also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

 

3 Stocks in Focus: Kate Spade & Company (KATE), Gulfport Energy Corp. (GPOR), Tesoro Corporation (TSO)

Kate Spade & Company (KATE) fell -1.7% during last trading as the stock lost $-0.31 to finish the day at $17.89 with about 3.43M shares changing hands, compared to its three month average trading volume of 4.1M. The $2.29B market cap company, which fluctuated between $17.75 and $18.17 during the day, currently situated 27.6% above its 52 week low of $14.02 and -32.39% away from its one year high of $26.46. The RSI of 53.59 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Kate Spade & Company, together with its subsidiaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group. It offers briefcases, handbags, small leather goods, fashion accessories, jewelry, fragrances, and apparel for men, women, and children; and licensed products, including footwear, swimwear, watches, children’s wear, optics, tabletop products, legwear, electronics cases, furniture, bedding, and stationery. The company markets and sells its products under the AXCESS, KATE SPADE SATURDAY, JACK SPADE, MARVELLA, KATE SPADE, MONET, kate spade new York, and TRIFARI brand names. It also designs, develops, and supplies jewelry for the LIZ CLAIBORNE and MONET brands; licenses LIZ CLAIBORNE NEW YORK and LIZWEAR brands. The company sells its products through wholly-owned specialty retail and outlet stores, specialty retail and upscale department stores, and concession stores and upscale wholesale accounts; and a network of distributors, as well as e-commerce Websites. As of January 2, 2016, it had 104 specialty retail stores and 64 outlet stores in the United States; and 22 specialty retail stores and 13 outlet stores internationally, as well as 54 concessions. The company was formerly known as Fifth & Pacific Companies, Inc. and changed its name to Kate Spade & Company in February 2014. Kate Spade & Company was founded in 1976 and is based in New York, New York.

Gulfport Energy Corp. (GPOR) dropped $-1.05 to close the day at a new closing price of $21.05, a -4.75% decrease in value from its previous closing price that moved the stock 4% above its 52 week low of $20.24. A total of 3.43M shares exchanged hands during the day compared with its three month average trading volume of 3.46M. The stock, which fluctuated between $21.02 and $21.93 during the day, currently situated -39.28% below its 52 week high. The stock is down by -4.23% in the past one month and down by -15.93% over the past three months. With a one year target estimate of $31.61 and RSI of 40.91, the stock still has upside potential, making it a hold for now.

Gulfport Energy Corp. engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids (NGLs), and crude oil in the United States. The company’s principal properties are located in the Utica Shale primarily in Eastern Ohio, along the Louisiana Gulf Coast in the West Cote Blanche Bay, and Hackberry fields. It also has interests in the Niobrara Formation of Northwestern Colorado; Bakken Formation; Alberta oil sands in Canada; and Phu Horm gas field in Thailand. As of December 31, 2015, the company had 1.7 Tcfe of proved reserves; and proved undeveloped reserves of 338 thousand barrels of oil, 907,184 million cubic feet of natural gas, and 4,826 thousand barrels of NGLs. Gulfport Energy Corp. is headquartered in Oklahoma City, Oklahoma.

Tesoro Corporation (TSO) had a active trading with around 3.42M shares changing hands compared to its three month average trading volume of 2.43M. The stock traded between $80.63 and $83.5 before closing at the price of $83.41 with 1.69% change on the day. The San Antonio Texas 78259 based company is currently trading 26.34% above its 52 week low of $67.8 and -10.37% below its 52 week high of $93.5. Both the RSI indicator and target price of 52.31 and $105.13 respectively, lead us to believe that it should be put on hold over the coming weeks.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

 

Stocks In Queue: CF Industries Holdings, Inc. (CF), Allegheny Technologies Incorporated (ATI), Tesoro Corporation (TSO)

CF Industries Holdings, Inc. (CF) climbed 0.83% during last trading as the stock added $0.3 to finish the day at $36.51 with about 4.21M shares changing hands, compared to its three month average trading volume of 6.05M. The $8.51B market cap company, which fluctuated between $35.79 and $36.8 during the day, currently situated 80.3% above its 52 week low of $20.77 and -1.78% away from its one year high of $37.72. The RSI of 67.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.

Allegheny Technologies Incorporated (ATI) gained $0.33 to close the day at a new closing price of $21.83, a 1.53% increase in value from its previous closing price that moved the stock 191.94% above its 52 week low of $8.04. A total of 4.2M shares exchanged hands during the day compared with its three month average trading volume of 2.81M. The stock, which fluctuated between $21.01 and $22.49 during the day, currently situated -7.85% below its 52 week high. The stock is up by 30.95% in the past one month and up by 52.98% over the past three months. With a one year target estimate of $0 and RSI of 72.04, the stock still has upside potential, making it a sell for now.

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials & Components; and Flat-Rolled Products. The High Performance Materials & Components segment provides various high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium, advanced powder alloys, and other specialty materials, in long product forms of ingots, billets, bars, rods, wires, shapes and rectangles, and seamless tubes, plus precision forgings, castings, components, and machined parts. This segment serves aerospace and defense, oil and gas/chemical, hydrocarbon processing, electrical energy, and medical markets. The Flat-Rolled Products segment produces, converts, and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various forms, including plate, sheet, engineered strip, and Precision Rolled Strip products, as well as grain-oriented electrical steel. This segment serves oil and gas/chemical and hydrocarbon processing industry, electrical energy, automotive, food processing equipment and appliances, construction and mining, electronics, communication equipment and computers, and aerospace and defense markets. The company sells its products through direct sales and independent representatives. Allegheny Technologies Incorporated was founded in 1960 and is headquartered in Pittsburgh, Pennsylvania.

Tesoro Corporation (TSO) had a active trading with around 3.99M shares changing hands compared to its three month average trading volume of 2.39M. The stock traded between $81.22 and $83.79 before closing at the price of $82.02 with 0.1% change on the day. The San Antonio Texas 78259 based company is currently trading 24.23% above its 52 week low of $67.8 and -11.86% below its 52 week high of $93.5. Both the RSI indicator and target price of 44.43 and $105.13 respectively, lead us to believe that it should be put on hold over the coming weeks.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

 

Traders Watch list: Tesoro Corporation (TSO), Superior Energy Services, Inc. (SPN), MannKind Corporation (MNKD)

Tesoro Corporation (TSO) saw its value decrease by -0.11% as the stock dropped $-0.09 to finish the day at a closing price of $81.94. The stock was lighter in trading and has fluctuated between $67.8-$93.5 per share for the past year. The shares, which traded within a range of $81.53 to $82.51 during the day, are down by -0.41% in the past three months and up by 9.36% over the past six months. It is currently trading -1.98% below its 20 day moving average and -4.55% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $104.8 a share over the next twelve months. The current relative strength index (RSI) reading is 42.93.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

Superior Energy Services, Inc. (SPN) shares were down in last trading by -1.34% to $17.69. It experienced lighter than average volume on day. The stock decreased in value by almost -1.78% over the past week and grew 7.73% in the past month. It is currently trading 2.89% above its 50 day moving average and 5% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -10.79% decrease in value from its one year high of $19.83. The RSI indicator value of 51.54, lead us to believe that it is a hold for now.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to crude oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories. The Onshore Completion and Workover Services segment offers pressure pumping services comprising hydraulic fracturing and high pressure pumping services used to complete and stimulate production in new oil and gas wells; fluid management services used to obtain, move, store, and dispose of fluids that are involved in the exploration, development, and production of oil and gas reservoirs; and workover services consisting of installations, completions, and sidetracking of wells, as well as support for perforating operations. The Production Services segment provides intervention services, including coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment offers pressure control services; completion tools and services, such as sand control systems, well screens and filters, and surface-controlled sub surface safety valves; and offshore well decommissioning services, including plugging and abandoning wells at the end of their economic life, and dismantling and removing associated infrastructure. Superior Energy Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

MannKind Corporation (MNKD) traded within a range of $0.66 to $0.68 after opening the day at $0.68. The company has seen its stock increase in value by 6.8% so far this year. The stock was down close to -0.06% on light volume in last trading session and closed at $0.68 per share. After the recent fall, the stock is currently holding -69.64% below its 52 week high of $2.24 and 65.85% above its 12-month low of $0.41. The shares are up by over 29.52% in the last three months, and the RSI indicator value of 54.62 is neither bullish nor bearish, tempting investors to stay on the sidelines.

MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes patients in the United States. Its approved product is AFREZZA, a rapid-acting, inhaled insulin used to control high blood sugar in adults with type 1 and type 2 diabetes. MannKind Corporation has license and collaboration agreement with Sanofi-Aventis Deutschland GmbH for the development of AFREZZA. The company was founded in 1991 and is headquartered in Valencia, California.

 

Traders Recap: Tesoro Corporation (TSO), Deere & Company (DE), Pitney Bowes Inc. (PBI)

Tesoro Corporation (TSO) continued its downward trend with the stock declining -0.06% or $-0.05 to close the day at $80.43 on lower than average trading volume of 2.08M shares, compared to its three month average trading volume of 2.36M. The San Antonio Texas 78259 based company has been outperforming the oil & gas refining & marketing companies by 0.0192% for last three months and its recent gains have offset losses to -8.03% YTD, versus the oil & gas refining & marketing industry which is down -2.48% for the same period. The RSI of 36.26 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

Deere & Company (DE) had a light trading with around 2.07M shares changing hands compared to its three month average trading volume of 3.13M. The stock traded between $106.45 and $107.3 before closing at the price of $107.12 with 0.36% change on the day. The Moline Illinois 61265 based company is currently trading 54.75% above its 52 week low of $71.64 and 0.08% above its 52 week high of $107.3. Both the RSI indicator and target price of 67.16 and $102.35 respectively, lead us to believe that it should be put on hold over the coming weeks.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; loaders; combines, cotton pickers and strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. This segment also provides hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products. Its Construction and Forestry segment provides backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments that are used in construction, earthmoving, material handling, and timber harvesting applications. The company’s Financial Services segment finances sales and leases of new and used agriculture and turf equipment, and construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment; finances retail revolving charge accounts; and offers extended equipment warranties. The company markets its products primarily through independent retail dealer networks and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

Pitney Bowes Inc. (PBI) traded within a range of $15.55 to $15.84 after opening the day at $15.75. The company has seen its stock increase in value by 3.36% so far this year. The stock was down close to -0.13% on light volume in last trading session and closed at $15.7 per share. After the recent fall, the stock is currently holding -25.58% below its 52 week high of $21.81 and 11.82% above its 12-month low of $14.22. The shares are down by over -7.5% in the last three months, and the RSI indicator value of 47.89 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement technology products and solutions in the United States and internationally. The company operates in three segments: Small & Medium Business Solutions; Enterprise Business Solutions; and Digital Commerce Solutions. The Small & Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment, software, and supplies; and provision of revolving credit and interest-bearing deposit solutions. The Enterprise Business Solutions segment offers equipment and services that enable large enterprises to process inbound and outbound mail. This segment provides production mail inserting and sortation equipment, production print systems, and supplies and related support services, as well as mail presort services. The Digital Commerce Solutions segment provides a range of solutions, including customer information management, location intelligence, customer engagement software, shipping management, and cross border ecommerce solutions as traditional software licenses, enterprise platforms, software-as-a-service, and on-demand applications, as well as offers related support services. The company’s solutions enable clients in marketing, shipping and mailing, and cross border ecommerce operations. Pitney Bowes Inc. sells its products through sales force, direct mailings, telemarketing, independent dealers and distributors, and Web channels to various business, governmental, institutional, and other organizations. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.

 

Eye Catching Stocks: Tesoro Corporation (TSO), Mead Johnson Nutrition Company (MJN), Atwood Oceanics, Inc. (ATW)

Tesoro Corporation (TSO) failed to extend gains with the stock declining -1.31% or $-1.07 to close the day at $80.56 on active trading volume of 2.55M shares, compared to its three month average trading volume of 2.35M. The San Antonio Texas 78259 based company has been underperforming the oil & gas refining & marketing group over the past 52 weeks, with the stock losing -5.12%, compared to the industry which has advanced 12.97% over the same period. With RSI of 35.53, the stock should still continue to rise and get closer to its one year target estimate of $104.73, making it a hold for now.

Tesoro Corporation, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. Its Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines, marine, and industrial end-users in the western United States. It owns and operates 6 refineries with a combined crude oil capacity of approximately 875 thousand barrels per day. The company’s TLLP segment owns and operates a network of approximately 3,500 miles of crude oil, refined products, and natural gas pipelines; 29 crude oil and refined products truck and marine terminals; and approximately 15 million barrels of storage capacity. This segment also owns and operates four natural gas processing complexes and one fractionation facility. The company’s Marketing segment sells gasoline and diesel fuel through retail stations, and third-party branded dealers and distributors in the western United States. As of December 31, 2015, this segment operated a network of 2,397 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline, and Tesoro brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1968 and is headquartered in San Antonio, Texas.

Mead Johnson Nutrition Company (MJN) fell -0.53% during last trading as the stock lost $-0.4 to finish the day at $74.85 with about 2.54M shares changing hands, compared to its three month average trading volume of 1.96M. The $13.87B market cap company, which fluctuated between $73.52 and $76.02 during the day, currently situated 16.7% above its 52 week low of $65.53 and -19.83% away from its one year high of $94.4. The RSI of 67.27 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children’s nutrition, and other nutritional products. It offers routine infant formula products as a breast milk substitute for healthy infants for use as the infant’s source of nutrition, as well as a supplement to breastfeeding under the Enfamil Premium, Enfapro Premium, Enfalac A+, and Enfamil A+ names; and solutions products to address common feeding tolerance problems, including spit-up, fussiness, gas, and lactose intolerance under the Enfamil Gentlease, Enfamil A.R., Enfamil ProSobee, and Enfamil LactoFree names. The company also provides specialty formula products, including formulas for addressing special medical needs, such as Nutramigen for cow’s milk protein allergies, as well as Puramino, an amino acid formula for cow’s milk protein allergies or multiple other food allergies; Enfamil Premature to meet the needs of premature and low birth weight infants; EnfaCare, a hypercaloric formula for premature babies at home; and produces medical foods for nutritional management of individuals with rare, inborn errors of metabolism comprising maple syrup urine disease and phenylketonuria. In addition, it offers children’s nutrition products comprising products for meeting children’s nutritional needs at toddlers and older children stage, as well as offer milk modifiers under the Enfagrow, Sustagen, Lactum, ChocoMilk, and Cal-C-Tose names; a range of other products, including pre-natal and post-natal nutritional supplements for expectant and nursing mothers under the Expecta and EnfaMama names; and pediatric vitamin products under the Enfamil Poly-Vi-Sol name, as well as multivitamins and iron supplements for infants. The company sells its products to mothers, health care professionals, and retailers in approximately 50 countries in Asia, North America, Latin America, and Europe. Mead Johnson Nutrition Company was founded in 1905 and is headquartered in Glenview, Illinois.

Atwood Oceanics, Inc. (ATW) saw its value decrease by -1.44% as the stock dropped $-0.2 to finish the day at a closing price of $13.69. The stock was lighter in trading and has fluctuated between $4.82-$15.37 per share for the past year. The shares, which traded within a range of $13.65 to $14.1 during the day, are up by 49.29% in the past three months and up by 13.52% over the past six months. It is currently trading 1.6% above its 20 day moving average and 22.54% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $10.32 a share over the next twelve months. The current relative strength index (RSI) reading is 61.76. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. As of November 11, 2016, it owned a fleet of 10 mobile offshore drilling units. The company operates its fleet in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia, and offshore Australia. Atwood Oceanics, Inc. was founded in 1968 and is headquartered in Houston, Texas.