Traders Watch list: NetApp, Inc. (NTAP), The Kroger Co. (KR), Coty Inc. (COTY)

NetApp, Inc. (NTAP) saw its value increase by 4.19% as the stock gained $1.63 to finish the day at a closing price of $40.56. The stock was higher in trading and has fluctuated between $22.5-$42.18 per share for the past year. The shares, which traded within a range of $40.36 to $42.18 during the day, are up by 16.94% in the past three months and up by 42.12% over the past six months. It is currently trading 6.3% above its 20 day moving average and 10.31% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $37.04 a share over the next twelve months. The current relative strength index (RSI) reading is 74.83.The technical indicator do not lead us to believe the stock will see more gains any time soon.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers all-flash arrays that support data management across flash, disk, and cloud resources; hybrid arrays to deploy the speed of flash storage; Data ONTAP storage operating system that delivers integrated data protection, comprehensive data management, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; and SANtricity operating system, which provides performance, reliability, and data protection for application-driven workloads. The company also provides SolidFire element operating system optimized for the storage requirements of a data center; NetApp StorageGRID software that allows organizations to store and manage massive amounts of data on premises and in the cloud; and AltaVault cloud-integrated storage solutions and services, which provide the ability to backup data to any cloud. In addition, it offers integrated data protection solutions; OnCommand management software and management integration tools; FlexArray storage virtualization software; and NetApp private storage for cloud, a family of enterprise storage solutions. Further, the company offers software and hardware maintenance, professional, and customer education and training services, as well as support solutions. It serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. The company has a partnership with DarkMatter to jointly develop and deliver secure data storage and big data analytics solutions. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.

The Kroger Co. (KR) shares were up in last trading by 1.28% to $33.94. It experienced higher than average volume on day. The stock increased in value by almost 1.71% over the past week and fell -2.43% in the past month. It is currently trading 0.13% above its 50 day moving average and 1.88% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.87% decrease in value from its one year high of $40.91. The RSI indicator value of 51.98, lead us to believe that it is a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Coty Inc. (COTY) traded within a range of $18.67 to $19.91 after opening the day at $19.83. The company has seen its stock increase in value by 2.08% so far this year. The stock was down close to -5.46% on active volume in last trading session and closed at $18.69 per share. After the recent fall, the stock is currently holding -39.86% below its 52 week high of $31.6 and 4.88% above its 12-month low of $17.94. The shares are up by over 3.05% in the last three months, and the RSI indicator value of 47.02 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Coty Inc., together with its subsidiaries, manufactures, markets, and distributes beauty products worldwide. The company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care, and Brazil Acquisition. It offers fragrances under the Calvin Klein, Marc Jacobs, Davidoff, Chloé, Balenciaga, Beyoncé, Bottega Veneta, Guess?, Katy Perry, Miu Miu, and Roberto Cavalli brand names. The company also provides lip, eye, nail, and facial color products under the Bourjois, Rimmel, Sally Hansen, and OPI brands. In addition, it offers shower gels, deodorants, skin care, and sun treatment products under the adidas, Lancaster, philosophy, and Playboy brand names; and hair straighteners, hair dryers, curlers, and hair brushes; and spray, serum, cream, and foam product lines to curl, fix, protect, shine, straighten, and volumize hair. The company also markets its products under the Astor, Coty, Joop!, Jovan, Manhattan, and N.Y.C. New York Color brands. It sells its products through retailers, including hypermarkets, supermarkets, independent and chain drug stores and pharmacies, upscale perfumeries, upscale and mid-tier department stores, nail salons, specialty retailers, duty-free shops and traditional food, and drug and mass retailers. Coty Inc. was founded in 1904 and is headquartered in New York, New York.

 

Stocks To Watch: ConocoPhillips (COP), The Kroger Co. (KR), CenturyLink, Inc. (CTL)

ConocoPhillips (COP) traded within a range of $49.81 to $50.54 after opening the day at $50.03. The company has seen its stock decrease in value by 0% so far this year. The stock was up close to 0.66% on light volume in last trading session and closed at $50.14 per share. After the recent gain, the stock is currently holding -5.7% below its 52 week high of $53.17 and 64.33% above its 12-month low of $31.82. The shares are up by over 9.64% in the last three months, and the RSI indicator value of 51.05 is neither bullish nor bearish, tempting investors to stay on the sidelines.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio includes resource-rich North American tight oil and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and an inventory of conventional and unconventional exploration prospects. The company was founded in 1917 and is headquartered in Houston, Texas.

The Kroger Co. (KR) failed to extend gains with the stock declining -0.03% or $-0.01 to close the day at $33.48 on light trading volume of 5.97M shares, compared to its three month average trading volume of 7.73M. The Cincinnati Ohio 45202 based company has been underperforming the grocery stores group over the past 52 weeks, with the stock losing -7.14%, compared to the industry which has advanced 3.44% over the same period. With RSI of 47.8, the stock should still continue to rise and get closer to its one year target estimate of $36, making it a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

CenturyLink, Inc. (CTL) gained $0.07 to close the day at a new closing price of $24.49, a 0.29% increase in value from its previous closing price that moved the stock 9.47% above its 52 week low of $22.86. A total of 5.88M shares exchanged hands during the day compared with its three month average trading volume of 7.91M. The stock, which fluctuated between $24.22 and $24.52 during the day, currently situated -25.19% below its 52 week high. The stock is down by -2.97% in the past one month and up by 3.03% over the past three months. With a one year target estimate of $28.58 and RSI of 38.26, the stock still has upside potential, making it a hold for now.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental customers in the United States. It operates through two segments, Business and Consumer. The company offers high-speed Internet services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; multi-protocol label switching, a data networking technology to support real-time voice and video; and private line services for the transmission of data between sites. It also provides Ethernet services, including point-to-point and multi-point equipment configurations that facilitate data transmissions across metropolitan areas and wide area networks (WAN); colocation services that enable its customers to install their own information technology (IT) equipment; and managed hosting services comprising cloud and traditional computing, application management, back-up, storage, and other services. In addition, the company offers video entertainment services and satellite digital television; Voice over Internet Protocol, a real-time, two-way voice communication service; and managed services that consist of network, hosting, cloud, and IT services. Further, it provides local calling, long-distance voice, integrated services digital network, WAN, and switched access services; and data integration, which includes the sale of telecommunications equipment and providing network management, installation, and maintenance of data equipment, and the building of proprietary fiber-optic broadband networks. Additionally, the company leases and subleases space in its office buildings, warehouses, and other properties. As of December 31, 2015, it served approximately 6 million high-speed Internet subscribers and 285 thousand television subscribers; and operated 59 data centers in North America, Europe, and Asia. CenturyLink, Inc. was founded in 1968 and is headquartered in Monroe, Louisiana.

 

Trader’s Buzzers: NIKE, Inc. (NKE), The Kroger Co. (KR), QUALCOMM Incorporated (QCOM)

NIKE, Inc. (NKE) traded within a range of $52.7 to $53.94 after opening the day at $52.74. The company has seen its stock increase in value by 6% so far this year. The stock was up close to 2.03% on active volume in last trading session and closed at $53.88 per share. After the recent gain, the stock is currently holding -16.9% below its 52 week high of $65.44 and 10.33% above its 12-month low of $49.01. The shares are up by over 6.22% in the last three months, and the RSI indicator value of 60.38 is neither bullish nor bearish, tempting investors to stay on the sidelines.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. It offers products in nine categories, including running, NIKE basketball, the Jordan brand, football, men’s training, women’s training, action sports, sportswear, and golf. The company also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking, and outdoor activities. In addition, it sells sports apparel; and markets apparel with licensed college and professional team and league logos. Further, the company sells a line of performance equipment, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment under the NIKE brand name for sports activities; various plastic products to other manufacturers; athletic and casual footwear, apparel, and accessories under the Jumpman trademark; action sports and youth lifestyle apparel and accessories under the Hurley trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, it licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores, sporting goods stores, athletic specialty stores, department stores, skate, tennis and golf shops, and other retail accounts through NIKE-owned retail stores and Internet Websites (direct to consumer operations), as well as independent distributors and licensees. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

The Kroger Co. (KR) continued its downward trend with the stock declining -0.73% or $-0.24 to close the day at $32.84 on active trading volume of 9.26M shares, compared to its three month average trading volume of 7.7M. The Cincinnati Ohio 45202 based company has been underperforming the grocery stores group over the past 52 weeks, with the stock losing -9.4%, compared to the industry which has advanced 0.42% over the same period. With RSI of 40.44, the stock should still continue to rise and get closer to its one year target estimate of $36, making it a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

QUALCOMM Incorporated (QCOM) dropped $-0.38 to close the day at a new closing price of $52.89, a -0.71% decrease in value from its previous closing price that moved the stock 29.69% above its 52 week low of $42.24. A total of 9.23M shares exchanged hands during the day compared with its three month average trading volume of 11.89M. The stock, which fluctuated between $52.72 and $53.39 during the day, currently situated -25.57% below its 52 week high. The stock is down by -19.44% in the past one month and down by -22.14% over the past three months. With a one year target estimate of $65.49 and RSI of 24.2, the stock still has upside potential, making it a buy for now.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

3 Stocks to Watch For: The Kroger Co. (KR), Mead Johnson Nutrition Company (MJN), United Technologies Corporation (UTX)

The Kroger Co. (KR) saw its value decrease by -0.97% as the stock dropped $-0.33 to finish the day at a closing price of $33.69. The stock was lighter in trading and has fluctuated between $28.71-$40.91 per share for the past year. The shares, which traded within a range of $33.64 to $34.09 during the day, are up by 9.01% in the past three months and up by 4.05% over the past six months. It is currently trading -0.12% below its 20 day moving average and -0.97% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $36 a share over the next twelve months. The current relative strength index (RSI) reading is 49.88.The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Mead Johnson Nutrition Company (MJN) shares were down in last trading by -0.25% to $83.87. It experienced higher than average volume on day. The stock increased in value by almost 19.59% over the past week and grew 17.02% in the past month. It is currently trading 15.93% above its 50 day moving average and 5.27% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -10.16% decrease in value from its one year high of $94.4. The RSI indicator value of 73.83, lead us to believe that it may reverse gains in the near term.

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

United Technologies Corporation (UTX) traded within a range of $109.68 to $111.25 after opening the day at $109.81. The company has seen its stock increase in value by 0.97% so far this year. The stock was up close to 0.94% on active volume in last trading session and closed at $110.68 per share. After the recent gain, the stock is currently holding -1.91% below its 52 week high of $112.83 and 35.51% above its 12-month low of $83.85. The shares are up by over 10.21% in the last three months, and the RSI indicator value of 54.83 is neither bullish nor bearish, tempting investors to stay on the sidelines.

United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services. The company’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications. This segment offers electronic security products, including intruder alarms, access control systems, and video surveillance systems; and fire safety products; systems integration, video surveillance, installation, maintenance, and inspection services; and monitoring and response services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation markets; and provides aftermarket maintenance, repair, and overhaul, as well as fleet management services. The company’s UTC Aerospace Systems segment provides electric power generation, power management, and distribution systems; air data, and flight sensing and management systems; engine control, electric, intelligence, surveillance, and reconnaissance systems; engine components; environmental control systems; fire and ice detection, and protection systems; propeller systems; cargo, actuation, and landing systems; aircraft aero structures, and lighting and seating products; space products and subsystems; and aftermarket services. United Technologies Corporation offers its services through manufacturers’ representatives, distributors, wholesalers, dealers, retail outlets, and sales representatives, as well as directly to customers. The company was founded in 1934 and is headquartered in Farmington, Connecticut.

 

Stocks in Focus: Newmont Mining Corporation (NEM), The Kroger Co. (KR), Chevron Corporation (CVX)

Newmont Mining Corporation (NEM) had a light trading with around 6.4M shares changing hands compared to its three month average trading volume of 8.2M. The stock traded between $36.16 and $36.88 before closing at the price of $36.68 with 2.26% change on the day. The Greenwood Village Colorado 80111 based company is currently trading 87.85% above its 52 week low of $22.31 and -20.21% below its 52 week high of $46.07. Both the RSI indicator and target price of 60.91 and $39.88 respectively, lead us to believe that it should be put on hold over the coming weeks.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

The Kroger Co. (KR) managed to rebound with the stock climbing 1.97% or $0.66 to close the day at $34.1 on light trading volume of 6.36M shares, compared to its three month average trading volume of 7.91M. The Cincinnati Ohio 45202 based company has been underperforming the grocery stores group over the past 52 weeks, with the stock losing -14.%, compared to the industry which has dropped -5.01% over the same period. With RSI of 53.78, the stock should still continue to rise and get closer to its one year target estimate of $36, making it a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Chevron Corporation (CVX) shares were up in last trading by 1.09% to $112.21. It experienced lighter than average volume on day. The stock decreased in value by almost -3.72% over the past week and fell -4.79% in the past month. It is currently trading -2.51% below its 50 day moving average and 7.64% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -5.71% decrease in value from its one year high of $119. The RSI indicator value of 37.56, lead us to believe that it is a hold for now.

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. It is also involved in the cash management and debt financing activities; corporate administrative operations; insurance operations; real estate activities; and technology businesses. Further, the company holds interests in power plants, as well as operates geothermal plants; and engages in the transportation of refined products primarily in the coastal waters of the United States. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.

 

Stocks Intraday Alert: The Kroger Co. (KR), U.S. Bancorp (USB), QUALCOMM Incorporated (QCOM)

The Kroger Co. (KR) continued its upward trend with the stock climbing 1.07% or $0.36 to close the day at $33.96 on lower than average trading volume of 5.83M shares, compared to its three month average trading volume of 8M. The Cincinnati Ohio 45202 based company has been outperforming the grocery stores companies by 8.9885% for last three months and its recent gains have offset losses to -1.59% YTD, versus the grocery stores industry which is down -1.37% for the same period. The RSI of 53.59 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

U.S. Bancorp (USB) had a light trading with around 6.73M shares changing hands compared to its three month average trading volume of 7.55M. The stock traded between $52.36 and $52.94 before closing at the price of $52.65 with -0.38% change on the day. The Minneapolis Minnesota 55402 based company is currently trading 45.6% above its 52 week low of $37.07 and -0.92% below its 52 week high of $53.14. Both the RSI indicator and target price of 61.93 and $54 respectively, lead us to believe that it should be put on hold over the coming weeks.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. The company also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. In addition, it offers investment and insurance products to the company’s customers principally within its markets, as well as fund administration services to a range of mutual and other funds. Further, the company provides corporate and purchasing card, and corporate trust services; and merchant processing services, as well as offers cash and investment management, ATM processing, mortgage banking, and brokerage and leasing services. It serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions. The company offers its services through a network of 3,133 banking offices primarily in the Midwest and West regions of the United States; and a network of 4,936 ATMs, as well as through on-line services and over mobile devices. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

QUALCOMM Incorporated (QCOM) traded within a range of $52.83 to $53.64 after opening the day at $53.61. The company has seen its stock decrease in value by -18.05% so far this year. The stock was down close to -0.34% on active volume in last trading session and closed at $53.43 per share. After the recent fall, the stock is currently holding -24.81% below its 52 week high of $71.62 and 31.02% above its 12-month low of $42.24. The shares are down by over -21.27% in the last three months, and the RSI indicator value of 23.69 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, as well as their derivatives. The QSI segment invests in early-stage companies in various industries, including digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications. The company also develops and offers products for implementation of small cells; mobile health products and services; software products, and content and push-to-talk enablement services to wireless operators; and development, and other services and related products to the United States government agencies and their contractors. In addition, it licenses chipset technology and products for data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

 

Stocks In Queue: Cheniere Energy, Inc. (LNG), State Street Corporation (STT), The Kroger Co. (KR)

Cheniere Energy, Inc. (LNG) climbed 5.65% during last trading as the stock added $2.58 to finish the day at $48.23 with about 6.61M shares changing hands, compared to its three month average trading volume of 2.39M. The $11.31B market cap company, which fluctuated between $45.65 and $48.97 during the day, currently situated 111.54% above its 52 week low of $22.8 and 4.85% away from its one year high of $48.97. The RSI of 75.05 indicates the stock is overbought at the current levels, sell for now.

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

State Street Corporation (STT) dropped $-2.72 to close the day at a new closing price of $77.8, a -3.38% decrease in value from its previous closing price that moved the stock 56.89% above its 52 week low of $50.6. A total of 6.6M shares exchanged hands during the day compared with its three month average trading volume of 2.17M. The stock, which fluctuated between $74.45 and $78.4 during the day, currently situated -6.82% below its 52 week high. The stock is down by -1.04% in the past one month and up by 9.45% over the past three months. With a one year target estimate of $85.62 and RSI of 43.25, the stock still has upside potential, making it a hold for now.

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product- and participant-level accounting; daily pricing and administration; master trust and master custody; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; and performance, risk, and compliance analytics. It also provides investment management services, such as investment management, investment research, and investment advisory services to corporations, public funds, and other sophisticated investors, as well as offers active and passive asset management strategies across equity, fixed-income, and cash asset classes. The company offers its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

The Kroger Co. (KR) had a light trading with around 6.39M shares changing hands compared to its three month average trading volume of 8.05M. The stock traded between $33.22 and $33.94 before closing at the price of $33.47 with 0.24% change on the day. The Cincinnati Ohio 45202 based company is currently trading 17.01% above its 52 week low of $28.71 and -17.33% below its 52 week high of $40.91. Both the RSI indicator and target price of 44.16 and $36 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

 

Equities Trend Analysis: The Kroger Co. (KR), Pandora Media, Inc. (P), AbbVie Inc. (ABBV)

The Kroger Co. (KR) retreated with the stock falling -0.42% or $-0.14 to close at $33.39 on light trading volume of 6.92M compared its three months average trading volume of 8.02M. The Cincinnati Ohio 45202 based company operating under the Grocery Stores industry has been trending down for the last 52 weeks, with the shares price now -7.73% down for the period and down by -3.25% so far this year. With price target of $36 and a 16.73% rebound from 52-week low, The Kroger Co. has plenty of upside potential, making it a hold with a view buy.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Pandora Media, Inc. (P) had a light trading with around 6.83M shares changing hands compared to its three month average trading volume of 7.56M. The stock traded between $13.19 and $13.63 before closing at the price of $13.21 with -1.93% change on the day. The Oakland California 94612 based company is currently trading 86.06% above its 52 week low of $7.1 and -11.82% below its 52 week high of $14.98. Both the RSI indicator and target price of  and $14.48 respectively, lead us to believe that it could rise over the coming weeks.

Pandora Media, Inc. provides Internet music streaming services in North America. The company allows its listeners to create personalized stations to access free music and comedy catalogs, as well as personalized playlist generating system; and offers Pandora One, a paid subscription service to listeners. It also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. In addition, the company offers ticketing and marketing software and services for venues and event promoters to promote their events, as well as allow fans to find and purchase tickets for events. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

AbbVie Inc. (ABBV) saw its value decrease by -0.62% as the stock dropped $-0.38 to finish the day at a closing price of $60.58. The stock was lighter in trading and has fluctuated between $51.6-$68.12 per share for the past year. The shares, which traded within a range of $59.67 to $60.93 during the day, are up by 0.35% in the past three months and down by -3.99% over the past six months. It is currently trading -2.25% below its 20 day moving average and -1.07% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $69.94 a share over the next twelve months. The current relative strength index (RSI) reading is 44.05.The technical indicator lead us to believe there will be no major movement any time soon, hold.

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company offers HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; IMBRUVICA, an oral therapy for the treatment of chronic lymphocytic leukemia; and VIEKIRA PAK, an interferon-free therapy, with or without ribavirin, for adults with genotype 1 chronic hepatitis. It also provides Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in HIV-1 patients; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1; and Synagis to prevent respiratory syncytial virus infection in high risk infants. In addition, the company offers AndroGel, a testosterone replacement therapy for males diagnosed with symptomatic low testosterone; Creon, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid to treat hypothyroidism; and Lupron, a product for the palliative treatment of prostate cancer, and endometriosis and central precocious puberty, as well as for the treatment of patients with anemia. Further, it provides Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat Parkinson’s disease; Sevoflurane, an anesthesia product for human use; TriCor, Trilipix, and Niaspan to treat metabolic conditions characterized by high cholesterol and/or high triglycerides; and Zemplar to treat secondary hyperparathyroidism. The company sells its products to wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers from its distribution centers and public warehouses. AbbVie Inc. has strategic collaboration with C2N Diagnostics; Calico Life Sciences LLC; Infinity Pharmaceuticals, Inc.; Ablynx NV; Galapagos NV; Alvine Pharmaceuticals, Inc.; and Zebra Biologics Inc. The company was incorporated in 2012 and is based in North Chicago, Illinois.

 

Eye Catching Stocks: The Kroger Co. (KR), Activision Blizzard, Inc. (ATVI), Chevron Corporation (CVX)

The Kroger Co. (KR) continued its downward trend with the stock declining -1.64% or $-0.56 to close the day at $33.53 on light trading volume of 5.21M shares, compared to its three month average trading volume of 8.08M. The Cincinnati Ohio 45202 based company has been underperforming the grocery stores group over the past 52 weeks, with the stock losing -8.46%, compared to the industry which has dropped -0.45% over the same period. With RSI of 44.45, the stock should still continue to rise and get closer to its one year target estimate of $36, making it a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Activision Blizzard, Inc. (ATVI) fell -1.13% during last trading as the stock lost $-0.44 to finish the day at $38.53 with about 5.13M shares changing hands, compared to its three month average trading volume of 8.71M. The $28.56B market cap company, which fluctuated between $38.49 and $39.11 during the day, currently situated 46.63% above its 52 week low of $26.49 and -15.41% away from its one year high of $45.55. The RSI of 55.32 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Chevron Corporation (CVX) saw its value decrease by -0.18% as the stock dropped $-0.21 to finish the day at a closing price of $115.39. The stock was lighter in trading and has fluctuated between $79.85-$119 per share for the past year. The shares, which traded within a range of $114.99 to $115.96 during the day, are up by 14.41% in the past three months and up by 11.46% over the past six months. It is currently trading -1.34% below its 20 day moving average and 1.28% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $124.46 a share over the next twelve months. The current relative strength index (RSI) reading is 46.88. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. It is also involved in the cash management and debt financing activities; corporate administrative operations; insurance operations; real estate activities; and technology businesses. Further, the company holds interests in power plants, as well as operates geothermal plants; and engages in the transportation of refined products primarily in the coastal waters of the United States. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.

 

Stocks Trend Analysis: The Dow Chemical Company (DOW), PayPal Holdings, Inc. (PYPL), The Kroger Co. (KR)

The Dow Chemical Company (DOW) managed to rebound with the stock climbing 0.51% or $0.29 to close the day at $57.38 on light trading volume of 6.94M shares, compared to its three month average trading volume of 6.95M. The Midland Michigan 48674 based company has been outperforming the chemicals – major diversified group over the past 52 weeks, with the stock gaining 41.47%, compared to the industry which has advanced 44.9% over the same period. With RSI of 52.62, the stock should still continue to rise and get closer to its one year target estimate of $62.83, making it a hold for now.

The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments. The Agricultural Sciences segment provides crop protection and seed/plant biotechnology products and technologies, urban pest management solutions, and healthy oils. The Consumer Solutions segment offers semiconductors and organic light-emitting diodes, and adhesives and foams used by the transportation industry; and cellulosics and other polymers for innovative pharmaceutical formulations and food solutions. It serves automotive, electronics and entertainment, food and pharmaceuticals, and personal and home care products markets. The Infrastructure Solutions segment provides architectural and industrial coatings, construction material ingredients, building insulation, adhesives, and microbial protection products for the oil and gas industry; water technologies; monomers; and silicone and silicone products. The Performance Materials & Chemicals segment offers chlorine and caustic soda; industrial solutions; and propylene oxides, propylene glycols, polyether polyols, and aromatic isocyanates. The Performance Plastics segment provides elastomers, polyolefin plastomers, and ethylene propylene diene monomer elastomers; wire and cable insulation, semiconductive, and jacketing compound solutions, as well as bio-based plasticizers; acrylics, polyethylene, polyolefin emulsions, and polyolefin plastomers; and ethylene, propylene, benzene, butadiene, cumene, octene, aromatics co-products, and crude c4. The company was founded in 1897 and is headquartered in Midland, Michigan.

PayPal Holdings, Inc. (PYPL) grew with the stock adding 1.02% or $0.42 to close at $41.69 on light trading volume of 6.86M compared its three months average trading volume of 7.71M. The San Jose California 95131 based company operating under the Credit Services industry has been trending up for the last 52 weeks, with the shares price now 33.62% up for the period and up by 5.62% so far this year. With price target of $46.6 and a 36.6% rebound from 52-week low, PayPal Holdings, Inc. has plenty of upside potential, making it a hold with a view buy.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, and Xoom products. The company’s platform allows customers to pay and get paid, transfer and withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

The Kroger Co. (KR) continued its downward trend with the stock declining -0.5% or $-0.17 to close the day at $34.09 on lower than average trading volume of 6.83M shares, compared to its three month average trading volume of 8.11M. The Cincinnati Ohio 45202 based company has been outperforming the grocery stores companies by 10.2691% for last three months and its recent gains have offset losses to -1.22% YTD, versus the grocery stores industry which is down -0.24% for the same period. The RSI of 50.01 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.