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

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

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

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

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

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

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

 

Investor’s Alert: The Blackstone Group L.P. (BX), Skyworks Solutions, Inc. (SWKS), AT&T Inc. (T)

The Blackstone Group L.P. (BX) managed to rebound with the stock declining 0% or $0 to close the day at $30.45 on lower than average trading volume of 3.77M shares, compared to its three month average trading volume of 5.23M. The New York New York 10154 based company has been outperforming the asset management companies by 27.6475% for last three months and its recent gains have pushed the stock slightly up 14.38% YTD, versus the asset management industry which is up 5.25% for the same period. The RSI of 56.58 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Skyworks Solutions, Inc. (SWKS) had a light trading with around 1.61M shares changing hands compared to its three month average trading volume of 2.46M. The stock traded between $90.53 and $92.48 before closing at the price of $91.8 with -0.9% change on the day. The Woburn Massachusetts 01801 based company is currently trading 62.53% above its 52 week low of $57.11 and -2.85% below its 52 week high of $94.49. Both the RSI indicator and target price of 67.73 and $92.57 respectively, lead us to believe that it should be put on hold over the coming weeks.

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio includes amplifiers, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase shifters, phase locked loops, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators. The company provides its products for automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet, and wearable applications. Skyworks Solutions, Inc. sells its products through direct sales force, electronic component distributors, and independent sales representatives. The company was founded in 1962 and is headquartered in Woburn, Massachusetts.

AT&T Inc. (T) traded within a range of $40.41 to $40.78 after opening the day at $40.47. The company has seen its stock decrease in value by -3.07% so far this year. The stock was up close to 0.25% on light volume in last trading session and closed at $40.75 per share. After the recent gain, the stock is currently holding -4.2% below its 52 week high of $43.89 and 18.03% above its 12-month low of $36.1. The shares are up by over 12.91% in the last three months, and the RSI indicator value of 43.4 is neither bullish nor bearish, tempting investors to stay on the sidelines.

AT&T Inc. provides telecommunications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, and wireless equipment services to business, governmental, and wholesale customers, as well as individual subscribers. The Entertainment Group segment provides video entertainment and audio programming channels to approximately 25.4 million subscribers; broadband and Internet services to 12.4 million residential subscribers; local and long-distance voice services to residential customers, as well as DSL Internet access services; and voice services over IP-based technology, and technical support and other customer service functions and equipment. The Consumer Mobility segment offers wireless services to consumers, and wireless wholesale and resale subscribers, such as long-distance and roaming services. This segment provides postpaid and prepaid wireless voice and data communications services; consulting, advertising, and application and co-location services; and sells a variety of handsets, wirelessly enabled computers, and personal computer wireless data cards through company-owned stores, agents, or third-party retail stores, as well as accessories, such as carrying cases and hands-free devices. The International segment offers video entertainment services to residential customers in Latin America, as well as wireless data and voice communication services in Mexico. This segment provides digital television services under the DIRECTV and SKY brands; postpaid and prepaid wireless services to approximately 8.7 million subscribers under the AT&T, Iusacell, Unefon, and Nextel Mexico brands; and sells a range of handsets. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

 

Stocks To Track: The Home Depot, Inc. (HD), Citizens Financial Group, Inc. (CFG), The Blackstone Group L.P. (BX)

The Home Depot, Inc. (HD) climbed 0.82% during last trading as the stock added $1.14 to finish the day at $139.85 with about 3.29M shares changing hands, compared to its three month average trading volume of 4.73M. The $171.18B market cap company, which fluctuated between $138.24 and $140.57 during the day, currently situated 27.27% above its 52 week low of $117.7 and 0.34% away from its one year high of $140.57. The RSI of 64.72 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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

Citizens Financial Group, Inc. (CFG) gained $0.18 to close the day at a new closing price of $36.42, a 0.5% increase in value from its previous closing price that moved the stock 105.77% above its 52 week low of $18.34. A total of 3.28M shares exchanged hands during the day compared with its three month average trading volume of 5.85M. The stock, which fluctuated between $36.09 and $36.53 during the day, currently situated -3.66% below its 52 week high. The stock is up by 0.8% in the past one month and up by 29.65% over the past three months. With a one year target estimate of $37.79 and RSI of 53.18, the stock still has upside potential, making it a hold for now.

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, including checking, savings, home loans, student loans, credit cards, business loans, and financial management services. This segment also provides indirect auto finance for new and used vehicles through auto dealerships. The Commercial Banking segment provides various financial products and solutions, including loans, leases, trade financing, deposits, cash management, foreign exchange, interest rate risk management, corporate finance, and capital markets advisory capabilities. It focuses on small and middle-market companies, and serves government banking, not-for-profit, healthcare, technology, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries. As of December 31, 2015, the company operated through 1,200 branches in 11 states across the New England, Mid-Atlantic, and Midwest regions, as well as online, telephone, and mobile banking platforms. It also maintains approximately 100 retail and commercial non-branch offices located in its banking footprint and in other states, and the District of Columbia. The company was formerly known as RBS Citizens Financial Group, Inc. and changed its name to Citizens Financial Group, Inc. in April 2014. Citizens Financial Group, Inc. was founded in 1828 and is headquartered in Providence, Rhode Island.

The Blackstone Group L.P. (BX) had a light trading with around 3.26M shares changing hands compared to its three month average trading volume of 5.4M. The stock traded between $30.02 and $30.42 before closing at the price of $30.35 with 0.6% change on the day. The New York New York 10154 based company is currently trading 41.84% above its 52 week low of $22.45 and -3.13% below its 52 week high of $31.69. Both the RSI indicator and target price of 55.04 and $35.13 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

Stocks To Track: Twenty-First Century Fox, Inc. (FOX), Spectra Energy Corp (SE), The Blackstone Group L.P. (BX)

Twenty-First Century Fox, Inc. (FOX) fell -1.13% during last trading as the stock lost $-0.34 to finish the day at $29.82 with about 3.86M shares changing hands, compared to its three month average trading volume of 3.46M. The $23.81B market cap company, which fluctuated between $29.58 and $30.19 during the day, currently situated 33.36% above its 52 week low of $23.88 and -4.73% away from its one year high of $31.3. The RSI of 49.18 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, including 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, as well as produces and licenses television programming worldwide. Further, it offers video advertising services, including consumer engagement and on-demand marketing campaigns; and operates two San Francisco-Bay area television stations. The company was formerly known as News Corporation. Twenty-First Century Fox, Inc. was founded in 1922 and is headquartered in New York, New York.

Spectra Energy Corp (SE) gained $0.56 to close the day at a new closing price of $41.79, a 1.36% increase in value from its previous closing price that moved the stock 60.85% above its 52 week low of $26.88. A total of 3.74M shares exchanged hands during the day compared with its three month average trading volume of 3.31M. The stock, which fluctuated between $40.72 and $41.84 during the day, currently situated -4.13% below its 52 week high. The stock is down by -1.37% in the past one month and up by 1.69% over the past three months. With a one year target estimate of $41.8 and RSI of 49.17, the stock still has upside potential, making it a hold for now.

Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, as well as transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of approximately 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has approximately 40,000 miles of main and service pipelines; storage capacity of approximately 163 Bcf; and transmission system of approximately 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, including water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas; produces, fractionates, transports, stores, and sells NGLs; recovers and sells condensate; and trades in and markets natural gas and NGLs. It owns or operates approximately 67,000 miles of gathering and transmission pipeline. The company was incorporated in 2006 and is headquartered in Houston, Texas.

The Blackstone Group L.P. (BX) had a light trading with around 3.74M shares changing hands compared to its three month average trading volume of 5.47M. The stock traded between $30.17 and $30.83 before closing at the price of $30.53 with -0.07% change on the day. The New York New York 10154 based company is currently trading 42.68% above its 52 week low of $22.45 and -2.55% below its 52 week high of $31.69. Both the RSI indicator and target price of 58.15 and $35.13 respectively, lead us to believe that it should be put on hold over the coming weeks.

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

 

Three Movers to Watch for: PPL Corporation (PPL), The Blackstone Group L.P. (BX), Fastenal Company (FAST)

PPL Corporation (PPL) retreated with the stock falling -0.62% or $-0.22 to close at $35.24 on active trading volume of 3.98M compared its three months average trading volume of 3.86M. The Allentown Pennsylvania 18101 based company operating under the Electric Utilities industry has been trending up for the last 52 weeks, with the shares price now 1.71% up for the period and up by 3.49% so far this year. With price target of $36.9 and a 11.13% rebound from 52-week low, PPL Corporation has plenty of upside potential, making it a hold with a view buy.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

The Blackstone Group L.P. (BX) dropped $-0.12 to close the day at a new closing price of $30.62, a -0.39% decrease in value from its previous closing price that moved the stock 43.1% above its 52 week low of $22.45. A total of 3.98M shares exchanged hands during the day compared with its three month average trading volume of 5.46M. The stock, which fluctuated between $30.52 and $30.8 during the day, currently situated -2.27% below its 52 week high. The stock is up by 2.2% in the past one month and up by 30.41% over the past three months. With a one year target estimate of $35.13 and RSI of 64.41, the stock still has upside potential, making it a hold for now.

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

Fastenal Company (FAST) shares were up in last trading by 2.75% to $50.39. It experienced higher than average volume on day. The stock increased in value by almost 0.38% over the past week and grew 8.78% in the past month. It is currently trading 4.84% above its 50 day moving average and 14.95% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.64% decrease in value from its one year high of $51.56. The RSI indicator value of 61.43, lead us to believe that it is a hold for now.

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. The company’s fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures. It also offers miscellaneous supplies and hardware, including various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers, maintenance, repair, and operations; and non-residential construction market, which include general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. The company distributes its products through a network of approximately 2,600 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

 

Trader’s Buzzers: Quintiles IMS Holdings, Inc. (Q), The Clorox Company (CLX), The Blackstone Group L.P. (BX)

Quintiles IMS Holdings, Inc. (Q) traded within a range of $74.92 to $78.53 after opening the day at $75.16. The company has seen its stock increase in value by 3.21% so far this year. The stock was up close to 4.17% on light volume in last trading session and closed at $78.49 per share. After the recent gain, the stock is currently holding -3.63% below its 52 week high of $81.45 and 42.68% above its 12-month low of $55.01. The shares are up by over 9.36% in the last three months, and the RSI indicator value of 60.23 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Quintiles IMS Holdings, Inc. provides biopharmaceutical development services and commercial outsourcing services in the Americas, Europe, Africa, and the Asia-Pacific. The company’s Product Development segment offers project management and clinical monitoring services, including study design and operational planning, investigator/site recruitment, site and regulatory start up, patient recruitment, clinical monitoring, project management for conducting various multi-site trials, and late phase interventional services; and clinical trial support services comprising clinical data management, bio statistical, cardiac safety and ECG laboratory, safety and pharmacovigilance, and phase I clinical pharmacology services, as well as clinical trial, genomic, and bioanalytical laboratory services. This segment also provides strategic planning and design services for biomarkers, genomics, and personalized medicine, as well as offers model-based drug development and regulatory affairs services; and consulting services. Its Integrated Healthcare Services segment offers commercial services comprising contract sales, market entry/market exit, integrated channel management, patient engagement, and market access and commercialization consulting services; real-world late phase research services, such as observational studies, comparative effectiveness studies, and product and disease registry services; and communication and health engagement services, including digital patient, and brand and scientific communications services, as well as provides payer and provider solutions, and advisory services. Quintiles IMS Holdings, Inc. serves biopharmaceutical companies, including medical device and diagnostics companies. The company was formerly known as Quintiles Transnational Holdings Inc. and changed its name to Quintiles IMS Holdings, Inc. as a result of its merger with IMS Health Holdings, Inc. in October 2016. The company was founded in 1982 and is based in Durham, North Carolina.

The Clorox Company (CLX) continued its downward trend with the stock declining -0.26% or $-0.31 to close the day at $120 on active trading volume of 1.12M shares, compared to its three month average trading volume of 1.02M. The Oakland California 94612 based company has been underperforming the housewares & accessories group over the past 52 weeks, with the stock losing -6.62%, compared to the industry which has advanced 9.02% over the same period. With RSI of 51.98, the stock should still continue to rise and get closer to its one year target estimate of $121.55, making it a hold for now.

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International. The company offers laundry additives, including bleach products under the Clorox and Clorox 2 stain fighter and color booster brand names; home care products under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brand names; naturally derived products under the Green Works brand name; and professional cleaning and disinfecting products under the Clorox, Dispatch, Aplicare, HealthLink, and Clorox Healthcare brand names. It also provides charcoal products under the Kingsford and Match Light brand names; cat litter products under the Fresh Step, Scoop Away, and Ever Clean brand names; digestive health products under the Renew Life brand name; and bags, wraps, and containers under the Glad brand name. In addition, the company offers dressings and sauces under the Hidden Valley, KC Masterpiece, and Soy Vay brand names; water-filtration systems and filters under the Brita brand name; and natural personal care products under the Burt’s Bees brand name. Further, it markets its products under the PinoLuz, Ayudin, Limpido, Clorinda, Poett, Mistolin, Lestoil, Bon Bril, Agua Jane, and Chux brand names. The company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors, and medical supply distributors to mass merchandisers, warehouse clubs, and grocery stores and wholesalers, as well as dollar, military, and other retail stores. The Clorox Company was founded in 1913 and is headquartered in Oakland, California.

The Blackstone Group L.P. (BX) dropped $-0.39 to close the day at a new closing price of $30.63, a -1.26% decrease in value from its previous closing price that moved the stock 40.99% above its 52 week low of $22.45. A total of 3.59M shares exchanged hands during the day compared with its three month average trading volume of 5.05M. The stock, which fluctuated between $30.24 and $30.98 during the day, currently situated -2.76% below its 52 week high. The stock is up by 12.82% in the past one month and up by 22.17% over the past three months. With a one year target estimate of $34.23 and RSI of 62.83, the stock still has upside potential, making it a hold for now.

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

 

Stocks Highlights: The Blackstone Group L.P. (BX), Schlumberger Limited (SLB), Prologis, Inc. (PLD)

The Blackstone Group L.P. (BX) had a light trading with around 4.83M shares changing hands compared to its three month average trading volume of 5.41M. The stock traded between $31.13 and $31.42 before closing at the price of $31.3 with 0.29% change on the day. The New York New York 10154 based company is currently trading 44.07% above its 52 week low of $22.45 and -0.63% below its 52 week high of $31.5. Both the RSI indicator and target price of 71.96 and $34.23 respectively, lead us to believe that it could drop over the coming weeks.

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

Schlumberger Limited (SLB) continued its downward trend with the stock declining -0.45% or $-0.38 to close the day at $84.5 on light trading volume of 4.76M shares, compared to its three month average trading volume of 5.45M. The Houston Texas 77056 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 24.77%, compared to the industry which has advanced 34.97% over the same period. With RSI of 48.44, the stock should still continue to rise and get closer to its one year target estimate of $96.71, making it a hold for now.

Schlumberger Limited supplies technology products and services to the oil and gas exploration and production industry worldwide. Its Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services. Its Drilling Group segment designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services. Its Production Group segment provides well services comprising pressure pumping, well cementing, and stimulation services; coiled tubing equipment; well completion services and equipment that include packers, safety valves, and sand control technology, as well as completions technology and equipment; artificial lifts; and integrated production and production management services. Its Cameron Group segment offers integrated subsea production systems; surface systems; drilling equipment and services; and valve products and measurement systems. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Prologis, Inc. (PLD) shares were down in last trading by -3.32% to $49.25. It experienced higher than average volume on day. The stock decreased in value by almost -6.32% over the past week and fell -5.36% in the past month. It is currently trading -4.12% below its 50 day moving average and -1.52% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -9.38% decrease in value from its one year high of $54.87. The RSI indicator value of 30.44, lead us to believe that it is a hold for now.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. It was previously known as Security Capital Investment Trust. Prologis Inc. was formed in 1991 and is based in San Francisco, California with an additional office in Denver, Colorado.

 

Stocks in Focus: Hewlett Packard Enterprise Company (HPE), Netflix, Inc. (NFLX), The Blackstone Group L.P. (BX)

Hewlett Packard Enterprise Company (HPE) had a active trading with around 7.3M shares changing hands compared to its three month average trading volume of 10.81M. The stock traded between $22.83 and $23.14 before closing at the price of $22.98 with 0.39% change on the day. The Palo Alto California 94304 based company is currently trading 93.5% above its 52 week low of $12.02 and -7.05% below its 52 week high of $24.79. Both the RSI indicator and target price of 48 and $24.71 respectively, lead us to believe that it should be put on hold over the coming weeks.

Hewlett Packard Enterprise Company provides technology solutions to business and public sector enterprises. It operates through Enterprise Group, Software, Enterprise Services, and Financial Services segments. The Enterprise Group segment offers industry standard servers and mission-critical servers to address the array of its customers’ computing needs; converged storage solutions, including 3PAR StoreServ, StoreOnce, all-flash arrays, and software defined and StoreVirtual products; wireless local area network equipment, mobility and security software, switches, routers, and network management products; and support and technology consulting services. The Software segment offers software to capture, store, explore, analyze, protect, and share information and insights within and outside organizations; HP Vertica, an analytics database technology for machine, structured, and semi-structured data; and HP IDOL, an analytics tool for human information, as well as solutions for archiving, data protection, eDiscovery, information governance, and enterprise content management. This segment also provides application delivery management, enterprise security, and IT operations management software products. The Enterprise Services segment offers technology consulting, outsourcing, and support services in infrastructure, applications, and business process domains within traditional and strategic enterprise service (SES) offerings, which include analytics and data management, security, and cloud services. The Financial Services segment provides leasing, financing, IT consumption and utility programs, and asset management services. The company markets and sells its products through resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company is headquartered in Palo Alto, California.

Netflix, Inc. (NFLX) failed to extend gains with the stock declining -0.42% or $-0.59 to close the day at $139.52 on light trading volume of 7.24M shares, compared to its three month average trading volume of 7.39M. The Los Gatos California 95032 based company has been outperforming the catv systems group over the past 52 weeks, with the stock gaining 42.61%, compared to the industry which has advanced 18.45% over the same period. With RSI of 71.52, the stock should still continue to rise and get closer to its one year target estimate of $144.4, making it a hold for now.

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. The company operates in three segments: Domestic streaming, International streaming and Domestic DVD. It offer members with the ability to receive TV shows and movies streaming content, including original series, documentaries, and feature films through a host of Internet-connected screens, such as TVs, digital video players, TV set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. As of October 17, 2016, it served approximately 86 million streaming members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

The Blackstone Group L.P. (BX) shares were up in last trading by 1.02% to $30.62. It experienced higher than average volume on day. The stock increased in value by almost 3.52% over the past week and grew 9.4% in the past month. It is currently trading 9.4% above its 50 day moving average and 17.39% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -1.73% decrease in value from its one year high of $31.16. The RSI indicator value of 66.52, lead us to believe that it is a hold for now.

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

 

Trader Alert: Patterson-UTI Energy, Inc. (PTEN), The Blackstone Group L.P. (BX), Staples, Inc. (SPLS)

Patterson-UTI Energy, Inc. (PTEN) grew with the stock adding 2.2% or $0.58 to close at $27 on active trading volume of 5.44M compared its three months average trading volume of 3.4M. The Houston Texas 77067 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 136.91% up for the period and up by 0.3% so far this year. With price target of $27.98 and a 137.11% rebound from 52-week low, Patterson-UTI Energy, Inc. has plenty of upside potential, making it a hold with a view buy.

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas. The Contract Drilling segment markets its contract drilling services primarily in Texas, New Mexico, Louisiana, Colorado, Wyoming, North Dakota, Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. As of December 31, 2015, this segment had a drilling fleet of 221 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, as well as hydraulic and nitrogen fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Oil and Natural Gas segment owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

The Blackstone Group L.P. (BX) gained $0.74 to close the day at a new closing price of $30.31, a 2.5% increase in value from its previous closing price that moved the stock 39.51% above its 52 week low of $22.45. A total of 5.44M shares exchanged hands during the day compared with its three month average trading volume of 5.02M. The stock, which fluctuated between $29.47 and $30.51 during the day, currently situated -2.73% below its 52 week high. The stock is up by 6.35% in the past one month and up by 28.08% over the past three months. With a one year target estimate of $33.85 and RSI of 63.32, the stock still has upside potential, making it a hold for now.

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

Staples, Inc. (SPLS) shares were up in last trading by 2.32% to $9.27. It experienced lighter than average volume on day. The stock decreased in value by almost -0.64% over the past week and fell -4.43% in the past month. It is currently trading -0.87% below its 50 day moving average and 5.66% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.14% decrease in value from its one year high of $11.37. The RSI indicator value of 49.15, lead us to believe that it is a hold for now.

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services, as well as technology services. The company sells and delivers office products and services directly to businesses and consumers through its Staples.com and Staples.ca, and Quill.com Websites, as well as through retail stores, and Internet and direct mail catalogs. As of January 30, 2016, it operated approximately 1,907 retail stores; and 104 distribution and fulfillment centers in the United States and internationally. The company was founded in 1985 and is based in Framingham, Massachusetts.

 

Equities Trend Analysis: Emerson Electric Co. (EMR), Mast Therapeutics, Inc. (MSTX), The Blackstone Group L.P. (BX)

Emerson Electric Co. (EMR) retreated with the stock falling -0.92% or $-0.54 to close at $58.29 on light trading volume of 3.17M compared its three months average trading volume of 3.63M. The St. Louis Missouri 63136 based company operating under the Industrial Electrical Equipment industry has been trending up for the last 52 weeks, with the shares price now 40.18% up for the period and up by 4.56% so far this year. With price target of $54 and a 44.81% rebound from 52-week low, Emerson Electric Co. has plenty of upside potential, making it a hold with a view buy.

Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The company’s Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. It also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. This segment serves oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metal and mining, and municipal water supplies markets. Its Industrial Automation segment provides fluid power and control products; electrical distribution equipment; and materials joining and precision cleaning products, as well as hermetic motors. The company’s Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls, and remote monitoring technology and services to residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and marine control areas. Its Commercial & Residential Solutions segment provides tools for professionals and homeowners; home storage systems; and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, Missouri.

Mast Therapeutics, Inc. (MSTX) had a light trading with around 3.17M shares changing hands compared to its three month average trading volume of 9.26M. The stock traded between $0.128 and $0.134 before closing at the price of $0.13 with 0.62% change on the day. The San Diego California 92130 based company is currently trading 86.86% above its 52 week low of $0.07 and -81.58% below its 52 week high of $0.71. Both the RSI indicator and target price of  and $2.5 respectively, lead us to believe that it could rise over the coming weeks.

Mast Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops therapies for serious or life-threatening diseases with significant unmet needs. The company’s lead product candidate is MST-188 (vepoloxamer), an injection used for the treatment of sickle cell disease, arterial disease, and heart failure. It also develops AIR001, a sodium nitrite solution for intermittent inhalation via nebulizer, as well as for the treatment of heart failure with preserved ejection fraction. The company was formerly known as ADVENTRX Pharmaceuticals, Inc. and changed its name to Mast Therapeutics, Inc. in March 2013. Mast Therapeutics, Inc. was founded in 1995 and is headquartered in San Diego, California.

The Blackstone Group L.P. (BX) saw its value decrease by -0.03% as the stock dropped $-0.01 to finish the day at a closing price of $29.57. The stock was lighter in trading and has fluctuated between $22.45-$31.16 per share for the past year. The shares, which traded within a range of $29.5 to $29.84 during the day, are up by 27.33% in the past three months and up by 11.14% over the past six months. It is currently trading 1.63% above its 20 day moving average and 6.57% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $33.85 a share over the next twelve months. The current relative strength index (RSI) reading is 56.86.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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