Momentum Stocks: Target Corporation (TGT), Freeport-McMoRan Inc. (FCX), NVIDIA Corporation (NVDA)

Target Corporation (TGT) retreated with the stock falling -5.77% or $-4.09 to close at $66.85 on light trading volume of 19.05M compared its three months average trading volume of 5.17M. The Minneapolis Minnesota 55403 based company operating under the Discount, Variety Stores industry has been trending down for the last 52 weeks, with the shares price now -0.29% down for the period and down by -7.45% so far this year. With price target of $78 and a 3.88% rebound from 52-week low, Target Corporation has plenty of upside potential, making it a hold with a view buy.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

Freeport-McMoRan Inc. (FCX) had a light trading with around 18.6M shares changing hands compared to its three month average trading volume of 32.92M. The stock traded between $14.98 and $15.39 before closing at the price of $15.24 with 1.2% change on the day. The Phoenix Arizona 85004 based company is currently trading 332.95% above its 52 week low of $3.8 and -7.19% below its 52 week high of $16.42. Both the RSI indicator and target price of  and $13.67 respectively, lead us to believe that it could rise over the coming weeks.

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

NVIDIA Corporation (NVDA) saw its value increase by 1.82% as the stock gained $1.84 to finish the day at a closing price of $102.95. The stock was lighter in trading and has fluctuated between $24.75-$119.93 per share for the past year. The shares, which traded within a range of $99.11 to $103.23 during the day, are up by 57.15% in the past three months and up by 93% over the past six months. It is currently trading -2.55% below its 20 day moving average and 8.74% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $99 a share over the next twelve months. The current relative strength index (RSI) reading is 51.02.The technical indicator lead us to believe there will be no major movement any time soon, hold.

NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for deep learning, accelerated computing, and general purpose computing; and GRID for cloud-based streaming on gaming devices. The Tegra Processor segment provides processors that integrate a computer onto a single chip under the Tegra brand name; DRIVE automotive computers, which offer supercomputing capabilities; and tablet and portable devices for mobile gaming under the SHIELD name. The company’s products are used in gaming, professional visualization, datacenter, and automotive markets. It sells its products primarily to original equipment manufacturers, original design manufacturers, system builders, motherboard manufacturers, add-in board manufacturers, and retailers/distributors. The company has a collaboration with ZENRIN to develop a cloud-to-car HD map solution for self-driving cars. NVIDIA Corporation was founded in 1993 and is headquartered in Santa Clara, California.

 

Worth Watching Stocks: Target Corporation (TGT), Celgene Corporation (CELG), Palatin Technologies, Inc. (PTN)

Target Corporation (TGT) saw its value increase by 1.07% as the stock gained $0.75 to finish the day at a closing price of $70.94. The stock was higher in trading and has fluctuated between $65.5-$84.14 per share for the past year. The shares, which traded within a range of $70.63 to $72.08 during the day, are up by 5.04% in the past three months and down by -2.5% over the past six months. It is currently trading -3.52% below its 20 day moving average and -4.21% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $78 a share over the next twelve months. The current relative strength index (RSI) reading is 39.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

Celgene Corporation (CELG) shares were down in last trading by -2.15% to $114.95. It experienced higher than average volume on day. The stock decreased in value by almost -4.38% over the past week and fell -0.76% in the past month. It is currently trading -1.73% below its 50 day moving average and 6.29% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -9.49% decrease in value from its one year high of $127. The RSI indicator value of 40.72, lead us to believe that it is a hold for now.

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.

Palatin Technologies, Inc. (PTN) traded within a range of $0.4 to $0.46 after opening the day at $0.46. The company has seen its stock decrease in value by -14.87% so far this year. The stock was down close to -2.52% on active volume in last trading session and closed at $0.43 per share. After the recent fall, the stock is currently holding -52.14% below its 52 week high of $0.9 and 17.94% above its 12-month low of $0.36. The shares are down by over -27.88% in the last three months, and the RSI indicator value of 36.8 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Palatin Technologies, Inc., a biopharmaceutical company, develops targeted, receptor-specific peptide therapeutics for the treatment of various diseases in the United States. The company’s principal product is Bremelanotide, an as needed subcutaneous injectable peptide melanocortin receptor agonist, which is in the Phase III clinical studies for the treatment of premenopausal women with hypoactive sexual desire disorder (HSDD). Its drug development programs also include Melanocortin receptor-4 (MC4r) peptides and small molecule agonists that are under the preclinical trials for the treatment of conditions responsive to MC4r activation, including female sexual dysfunction, HSDD, erectile dysfunction, obesity, and diabetes; and Melanocortin receptor-1 peptide agonists, which are under preclinical studies for the treatment of inflammatory and dermatologic disease indications, as well as other Melanocortin receptors. In addition, the company is involved in the development of natriuretic peptide receptor-specific programs, including PL-3994, a natriuretic peptide receptor-A, which is in Phase II clinical studies for treatment of heart failure, acute exacerbations of asthma, and refractory hypertension. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.

 

3 Trending Stocks: American International Group, Inc. (AIG), Exelixis, Inc. (EXEL), Target Corporation (TGT)

American International Group, Inc. (AIG) managed to rebound with the stock climbing 0.15% or $0.1 to close the day at $66.35 on light trading volume of 5.38M shares, compared to its three month average trading volume of 6.05M. The New York New York 10038 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 18.4%, compared to the industry which has advanced 25.04% over the same period. With RSI of 53.86, the stock should still continue to rise and get closer to its one year target estimate of $71.69, making it a hold for now.

American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance and Consumer Insurance. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis management causality insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products; various insurance products for small and medium sized enterprises; and professional liability insurance products. It also provides mortgage guaranty insurance; stable value wrap products, and structured settlement and terminal funding annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent retail and wholesale brokers, agency network, specialized marketing and consulting firms, and structured settlement brokers. Its Consumer Insurance segment offers retirement products, such as fixed annuities, and immediate and deferred income annuities; variable and fixed index annuities; and mutual funds, and plan administrative and compliance services. This segment’s products also include term and whole life, cancer, and critical illness insurance products; personal accident and supplemental health products; travel insurance products and services; automobile and homeowners, and extended warranty insurance; and identity theft and credit card protection products. It sells its products through agents, direct marketing, independent marketing organizations, financial advisors, banks, wirehouses, and broker-dealers. The company was founded in 1919 and is based in New York, New York.

Exelixis, Inc. (EXEL) fell -1.65% during last trading as the stock lost $-0.31 to finish the day at $18.51 with about 5.34M shares changing hands, compared to its three month average trading volume of 5.89M. The $5.39B market cap company, which fluctuated between $18.43 and $19.3 during the day, currently situated 421.41% above its 52 week low of $3.55 and -3.59% away from its one year high of $19.3. The RSI of 62.49 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Exelixis, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer. It focuses on advancing cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, and VEGF receptors, which has shown clinical anti-tumor activity in approximately 20 forms of cancer and is the subject of a broad clinical development program. The company has received regulatory approval for two separate formulations of cabozantinib for the treatment of certain forms of kidney and thyroid cancer and marketed as CABOMETYX tablets in the United States and COMETRIQ capsules in the United States and European Union respectively. It also offers COTELLIC (cobimetinib), a selective inhibitor of MEK, in the United States and European Union; and is being evaluated for further potential indications by Roche and Genentech under collaboration with Exelixis. Exelixis, Inc. has collaboration and license agreements with Ipsen Pharma SAS, Genentech, Inc., GlaxoSmithKline, Bristol-Myers Squibb Company, Sanofi, Merck, and Daiichi Sankyo Company Limited for the development and commercialization of various compounds and programs. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was founded in 1994 and is headquartered in South San Francisco, California.

Target Corporation (TGT) saw its value decrease by -1.49% as the stock dropped $-1.06 to finish the day at a closing price of $70.19. The stock was higher in trading and has fluctuated between $65.5-$84.14 per share for the past year. The shares, which traded within a range of $70.03 to $71.38 during the day, are up by 4.26% in the past three months and down by -2.31% over the past six months. It is currently trading -5% below its 20 day moving average and -5.15% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $78 a share over the next twelve months. The current relative strength index (RSI) reading is 32.67. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

 

Stocks Buzz: Target Corporation (TGT), Twilio Inc. (TWLO), 3D Systems Corporation (DDD)

Target Corporation (TGT) managed to rebound with the stock declining 0% or $0 to close the day at $71.43 on light trading volume of 4.68M shares, compared to its three month average trading volume of 5.06M. The Minneapolis Minnesota 55403 based company has been outperforming the discount, variety stores group over the past 52 weeks, with the stock gaining 1.87%, compared to the industry which has advanced 8.45% over the same period. With RSI of 39.38, the stock should still continue to rise and get closer to its one year target estimate of $78.1, making it a hold for now.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

Twilio Inc. (TWLO) retreated with the stock falling -1.1% or $-0.31 to close at $27.79 on light trading volume of 4.67M compared its three months average trading volume of 5.62M. The San Francisco California 94107 based company has been trending down for the last 52 weeks, with the shares price now 0% down for the period and down by -3.67% so far this year. With price target of $38.75 and a 17.46% rebound from 52-week low, Twilio Inc. has plenty of upside potential, making it a hold with a view buy.

Twilio Inc. provides cloud communications platform that enables developers to build, scale, and operate communications within software applications through the cloud as a pay-as-you-go service in the United States and internationally. It offers programmable communications cloud software that enables developers to embed voice, messaging, video, and authentication capabilities into their applications through application programming interfaces. The company also provides use case products, such as a two-factor authentication solution. Twilio Inc. was founded in 2008 and is headquartered San Francisco, California.

3D Systems Corporation (DDD) failed to extend gains with the stock declining -6.99% or $-1.17 to close the day at $15.56 on higher than average trading volume of 4.67M shares, compared to its three month average trading volume of 2.75M. The Rock Hill South Carolina 29730 based company has been underperforming the computer peripherals companies by -12.1882% for last three months and its recent losses have trimmed gains to 17.08% YTD, versus the computer peripherals industry which is up 3.85% for the same period. The RSI of 58.34 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

3D Systems Corporation, through its subsidiaries, provides 3D printing products and services worldwide. The company’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, metal, nylon, rubber, wax, and composite materials. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, colorjet printing, and plasticjet printing. The company also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, and Class IV bio-compatible materials. It offers its printers under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, and production machining and inspection. Further, it offers proprietary software and drivers that provide part preparation, part placement, support placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services. It primarily serves companies and small and midsize businesses in a range of industries, including automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy, and healthcare. The company sells its products and services through its direct sales force, resellers, and channel partners and distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.

 

Stocks To Watch: Target Corporation (TGT), PulteGroup, Inc. (PHM), W&T Offshore, Inc. (WTI)

Target Corporation (TGT) traded within a range of $71.36 to $71.87 after opening the day at $71.55. The company has seen its stock decrease in value by -1.11% so far this year. The stock was down close to -0.01% on light volume in last trading session and closed at $71.43 per share. After the recent fall, the stock is currently holding -13.04% below its 52 week high of $84.14 and 11% above its 12-month low of $65.5. The shares are up by over 4.34% in the last three months, and the RSI indicator value of 40.11 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

PulteGroup, Inc. (PHM) managed to rebound with the stock climbing 0.38% or $0.07 to close the day at $18.53 on light trading volume of 3.8M shares, compared to its three month average trading volume of 5.49M. The Atlanta Georgia 30326 based company has been outperforming the residential construction group over the past 52 weeks, with the stock gaining 18.8%, compared to the industry which has advanced 11.06% over the same period. With RSI of 47.55, the stock should still continue to rise and get closer to its one year target estimate of $22.46, making it a hold for now.

PulteGroup, Inc., through its subsidiaries, engages primarily in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes John Wieland Homes, and Neighborhoods names. As of March 31, 2016, the company controlled 102,580 owned lots and 43,072 lots under land option agreements. It also arranges financing through the origination of mortgage loans, principally for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.

W&T Offshore, Inc. (WTI) dropped $-0.03 to close the day at a new closing price of $3.16, a -0.94% decrease in value from its previous closing price that moved the stock 156.91% above its 52 week low of $1.23. A total of 3.79M shares exchanged hands during the day compared with its three month average trading volume of 1.98M. The stock, which fluctuated between $3 and $3.39 during the day, currently situated -9.71% below its 52 week high. The stock is up by 62.05% in the past one month and up by 96.27% over the past three months. With a one year target estimate of $2.55 and RSI of 73.91, the stock still has upside potential, making it a sell for now.

W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. It holds working interests in approximately 54 offshore fields in federal and state waters. As of March 8, 2016, the company had interests in offshore leases covering approximately 900,000 gross acres, including approximately 550,000 gross acres in the Gulf of Mexico Shelf; and approximately 350,000 gross acres in the deepwater. It also has a total proved reserves of 76.4 million barrels of oil equivalent. The company was founded in 1983 and is headquartered in Houston, Texas.

 

Stocks Buzz: CBS Corporation (CBS), Target Corporation (TGT), Johnson & Johnson (JNJ)

CBS Corporation (CBS) continued its downward trend with the stock declining -1.82% or $-1.19 to close the day at $64.29 on active trading volume of 5.28M shares, compared to its three month average trading volume of 4.46M. The New York New York 10019 based company has been outperforming the entertainment – diversified group over the past 52 weeks, with the stock gaining 43.53%, compared to the industry which has advanced 21.07% over the same period. With RSI of 57.67, the stock should still continue to rise and get closer to its one year target estimate of $66.13, making it a hold for now.

CBS Corporation operates as a mass media company worldwide. The company operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting. The 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. The 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 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. It also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. The 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. CBS Corporation was founded in 1986 and is headquartered in New York, New York.

Target Corporation (TGT) retreated with the stock falling -1.54% or $-1.12 to close at $71.44 on active trading volume of 5.23M compared its three months average trading volume of 5.06M. The Minneapolis Minnesota 55403 based company operating under the Discount, Variety Stores industry has been trending down for the last 52 weeks, with the shares price now -0.13% down for the period and down by -1.09% so far this year. With price target of $78.1 and a 11.02% rebound from 52-week low, Target Corporation has plenty of upside potential, making it a hold with a view buy.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

Johnson & Johnson (JNJ) failed to extend gains with the stock declining -0.48% or $-0.56 to close the day at $116.3 on lower than average trading volume of 5.22M shares, compared to its three month average trading volume of 7.09M. The New Brunswick New Jersey 08933 based company has been underperforming the drug manufacturers – major companies by -1.3678% for last three months and its recent losses have trimmed gains to 0.95% YTD, versus the drug manufacturers – major industry which is up 2.04% for the same period. The RSI of 56.67 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

 

Stocks in the Spotlight: MGIC Investment Corporation (MTG), Real Goods Solar, Inc. (RGSE), Target Corporation (TGT)

MGIC Investment Corporation (MTG) had a active trading with around 5.3M shares changing hands compared to its three month average trading volume of 5.1M. The stock traded between $10.42 and $10.79 before closing at the price of $10.73 with 2.98% change on the day. The Milwaukee Wisconsin 53202 based company is currently trading 100.19% above its 52 week low of $5.36 and 1.32% above its 52 week high of $10.79. Both the RSI indicator and target price of 76.03 and $11.05 respectively, lead us to believe that it could drop over the coming weeks.

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services. In addition, the company participates in external reinsurance arrangements and captive mortgage reinsurance arrangements. It serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Real Goods Solar, Inc. (RGSE) continued its upward trend with the stock climbing 15.95% or $0.04 to close the day at $0.29 on active trading volume of 5.3M shares, compared to its three month average trading volume of 3.66M. The Louisville Colorado 80027 based company has been underperforming the general building materials group over the past 52 weeks, with the stock losing -97.7%, compared to the industry which has advanced 33.47% over the same period. With RSI of 39.76, the stock should still continue to rise and get closer to its one year target estimate of $2.66, making it a hold for now.

Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction company in the United States. It operates in three segments: Residential, Sunetric, and Other. The company offers solar energy services, including design, procurement, permitting, build-out, grid connection, financing referrals, and warranty and customer satisfaction. It installs residential solar energy systems up to 15 kilowatts (kW) in size; and small commercial solar energy systems up to 500 kW in size for various industries, such as retail, manufacturing, service, and municipal services. The company markets its products and services through an outside sales team, e-sales, and inside sales, customer referral programs, and alliances and channel partnerships, as well as online. Real Goods Solar, Inc. was founded in 1978 and is headquartered in Louisville, Colorado.

Target Corporation (TGT) shares were up in last trading by 1.46% to $73.81. It experienced higher than average volume on day. The stock increased in value by almost 0.15% over the past week and fell -5.3% in the past month. It is currently trading 0.54% above its 50 day moving average and 2.02% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -10.15% decrease in value from its one year high of $84.14. The RSI indicator value of 48.77, lead us to believe that it is a hold for now.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

 

Stocks In Queue: Colony Capital, Inc. (CLNY), Target Corporation (TGT), People’s United Financial, Inc. (PBCT)

Colony Capital, Inc. (CLNY) climbed 6.47% during last trading as the stock added $1.31 to finish the day at $21.56 with about 3.91M shares changing hands, compared to its three month average trading volume of 1.3M. The $2.45B market cap company, which fluctuated between $20.34 and $21.59 during the day, currently situated 57.64% above its 52 week low of $14.73 and 4.34% away from its one year high of $21.59. The RSI of 66.39 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Colony Capital, Inc. is a real estate investment trust. The firm invests in the real estate markets of North America and Europe. Its investment portfolio is primarily composed of real estate equity; real estate and real estate-related debt; and investment management of company-sponsored private equity funds and vehicles. The firm invests in wide spectrum of commercial real estate property types, including but not limited to, office, industrial, retail, hospitality, education, single-family and multifamily residential assets, and geographies, primarily within North America and Europe. It was formerly known as Colony Financial, Inc. Colony Capital, Inc. was formed on June 23, 2009 and is based in Los Angeles, California.

Target Corporation (TGT) gained $0.52 to close the day at a new closing price of $72.75, a 0.72% increase in value from its previous closing price that moved the stock 13.05% above its 52 week low of $65.5. A total of 3.9M shares exchanged hands during the day compared with its three month average trading volume of 5M. The stock, which fluctuated between $71.99 and $72.89 during the day, currently situated -11.44% below its 52 week high. The stock is down by -6.52% in the past one month and up by 6.82% over the past three months. With a one year target estimate of $78.1 and RSI of 41.04, the stock still has upside potential, making it a hold for now.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

People’s United Financial, Inc. (PBCT) had a active trading with around 3.9M shares changing hands compared to its three month average trading volume of 3.73M. The stock traded at the price of $19.29 with -0.36% change on the day. The Bridgeport Connecticut 06604 based company is currently trading 48.02% above its 52 week low of $13.62 and -4.17% below its 52 week high of $20.13. Both the RSI indicator and target price of 59.67 and $17.69 respectively, lead us to believe that it should be put on hold over the coming weeks.

People’s United Financial, Inc. operates as the bank holding company for People’s United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash management, correspondent banking, and municipal banking services; and institutional trust, corporate trust, private banking, and insurance services. The Retail Banking segment offers consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial advisory, investment management, life insurance, and non-institutional trust services. In addition, the company offers online banking, investment trading, and telephone banking services. It operates through a network of 396 branches and 594 ATMs in Connecticut, southeastern New York, Massachusetts, Vermont, New Hampshire, and Maine. People’s United Financial, Inc. was founded in 1842 and is headquartered in Bridgeport, Connecticut.

 

Stock’s Trend Analysis Report: Tahoe Resources Inc. (TAHO), D.R. Horton, Inc. (DHI), Target Corporation (TGT)

Tahoe Resources Inc. (TAHO) fell -5.14% during last trading as the stock lost $-0.51 to finish the day at $9.42 with about 3.14M shares changing hands, compared to its three month average trading volume of 2.31M. The $2.93B market cap company, which fluctuated between $9.42 and $10.27 during the day, currently situated 45.48% above its 52 week low of $6.48 and -44.62% away from its one year high of $17.01. The RSI of 46.36 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Tahoe Resources Inc., together with its subsidiaries, explores, develops, and operates mines in the Americas. The company primarily produces copper, gold, silver, lead/zinc, and natural gas and petroleum. It holds interest in the Escobal mine property comprising 29.1 million tons of proven and probable mineral reserves located in southeast Guatemala; La Arena mine property, which consist of 80.3 million tons of proven and probable mineral reserves located in northern Perú; and Shahuindo mine comprising 111.9 million tons of proven and probable mineral reserves located in northern Perú. The company was formerly known as CKM Resources Inc. and changed its name to Tahoe Resources Inc. in January 2010. Tahoe Resources Inc. was incorporated in 2009 and is headquartered in Reno, Nevada.

D.R. Horton, Inc. (DHI) dropped $-0.2 to close the day at a new closing price of $27.33, a -0.73% decrease in value from its previous closing price that moved the stock 20.02% above its 52 week low of $22.97. A total of 3.14M shares exchanged hands during the day compared with its three month average trading volume of 4.52M. The stock, which fluctuated between $27.22 and $27.72 during the day, currently situated -20.45% below its 52 week high. The stock is down by -1.41% in the past one month and down by -9.19% over the past three months. With a one year target estimate of $34.11 and RSI of 40.63, the stock still has upside potential, making it a hold for now.

D.R. Horton, Inc. operates as a homebuilding company. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 78 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Regent Homes, Crown Communities, and Pacific Ridge Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums. It is also involved in the origination and sale of mortgages; and provision of title insurance policies, and examination and closing services. The company primarily serves title insurance agents, homebuyers, and homebuilding customers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Fort Worth, Texas.

Target Corporation (TGT) had a light trading with around 3.07M shares changing hands compared to its three month average trading volume of 5.03M. The stock traded between $71.88 and $72.93 before closing at the price of $72.23 with -0.54% change on the day. The Minneapolis Minnesota 55403 based company is currently trading 12.25% above its 52 week low of $65.5 and -12.07% below its 52 week high of $84.14. Both the RSI indicator and target price of 37.45 and $78.1 respectively, lead us to believe that it should be put on hold over the coming weeks.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

 

Investor’s Alert: BB&T Corporation (BBT), DDR Corp. (DDR), Target Corporation (TGT)

BB&T Corporation (BBT) continued its downward trend with the stock declining -1.02% or $-0.48 to close the day at $46.72 on lower than average trading volume of 2.81M shares, compared to its three month average trading volume of 5.51M. The Winston-Salem North Carolina 27101 based company has been outperforming the regional – southeast banks companies by 25.9594% for last three months and its recent gains have pushed the stock slightly up 27.63% YTD, versus the regional – southeast banks industry which is up 35.78% for the same period. The RSI of 59.94 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

DDR Corp. (DDR) had a light trading with around 2.8M shares changing hands compared to its three month average trading volume of 3.2M. The stock traded between $14.82 and $15.15 before closing at the price of $15.07 with 1.76% change on the day. The Beachwood Ohio 44122 based company is currently trading 2.73% above its 52 week low of $14.67 and -24.35% below its 52 week high of $19.92. Both the RSI indicator and target price of 48.63 and $16.66 respectively, lead us to believe that it should be put on hold over the coming weeks.

DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. It formerly known as Developers Diversified Realty Corp. DDR Corp is based in Beachwood, Ohio.

Target Corporation (TGT) traded within a range of $72.43 to $73.17 after opening the day at $72.78. The company has seen its stock increase in value by 3.29% so far this year. The stock was down close to -0.29% on light volume in last trading session and closed at $72.62 per share. After the recent fall, the stock is currently holding -11.6% below its 52 week high of $84.14 and 12.85% above its 12-month low of $65.5. The shares are up by over 8.15% in the last three months, and the RSI indicator value of 37.88 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Target Corporation operates as a general merchandise retailer. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, including furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, including Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, including Target.com. As of January 30, 2016, the company operated 1,792 stores in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.