Momentum Stocks in Focus: The Progressive Corporation (PGR), PG&E Corporation (PCG), E*TRADE Financial Corporation (ETFC)

The Progressive Corporation (PGR) continued its upward trend with the stock climbing 0.57% or $0.22 to close the day at $38.61 on light trading volume of 2.48M shares, compared to its three month average trading volume of 2.95M. The Mayfield Village Ohio 44143 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 23.08%, compared to the industry which has advanced 27.04% over the same period. With RSI of 77.91, the stock should still continue to rise and get closer to its one year target estimate of $36.77, making it a hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

PG&E Corporation (PCG) grew with the stock adding 0.71% or $0.45 to close at $63.39 on active trading volume of 2.47M compared its three months average trading volume of 2.03M. The San Francisco California 94177 based company operating under the Electric Utilities industry has been trending up for the last 52 weeks, with the shares price now 16.81% up for the period and up by 4.31% so far this year. With price target of $66.25 and a 19.57% rebound from 52-week low, PG&E Corporation has plenty of upside potential, making it a hold with a view buy.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California. The company’s electricity distribution network consists of approximately 142,000 circuit miles of distribution lines, 58 transmission switching substations, and 603 distribution substations; and electricity transmission network comprises approximately 18,400 circuit miles of interconnected transmission lines and 91 electric transmission substations. Its natural gas system consists of approximately 42,800 miles of distribution pipelines, approximately 6,700 miles of backbone and local transmission pipelines, and various storage facilities. The company operates various electricity generation facilities, such as nuclear, hydroelectric, fossil fuel-fired, and photovoltaic. PG&E Corporation was founded in 1905 and is headquartered in San Francisco, California.

E*TRADE Financial Corporation (ETFC) failed to extend gains with the stock declining -0.91% or $-0.34 to close the day at $37.17 on lower than average trading volume of 2.47M shares, compared to its three month average trading volume of 3.08M. The New York New York 10020 based company has been outperforming the investment brokerage – national companies by 10.6116% for last three months and its recent gains have pushed the stock slightly up 7.27% YTD, versus the investment brokerage – national industry which is up 6.92% for the same period. The RSI of 57.52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Management. The Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. The company provides its services to customers through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States. E*TRADE Financial Corporation was incorporated in 1982 and is headquartered in New York, New York.

 

3 Notable Runners: Marsh & McLennan Companies, Inc. (MMC), The Progressive Corporation (PGR), Dominion Resources, Inc. (D)

Marsh & McLennan Companies, Inc. (MMC) continued its upward trend with the stock climbing 0.64% or $0.46 to close the day at $71.94 on lower than average trading volume of 1.49M shares, compared to its three month average trading volume of 2.05M. The New York New York 10036 based company has been outperforming the insurance brokers companies by 6.6093% for last three months and its recent gains have pushed the stock slightly up 6.97% YTD, versus the insurance brokers industry which is up 4.36% for the same period. The RSI of 71.97 indicates the stock is overbought at the current levels, sell for now.

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. It operates through two segments, Risk and Insurance Services; and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, risk control, and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, retirement, talent, and investments consulting services and products; and specialized management, and economic and brand consulting services. This segment assists public and private sector employers in the design, management, and administration of employee health care programs; provides a range of strategic and compliance-related retirement services and solutions to corporate, governmental, and institutional clients; advises organizations on the engagement, management, and rewarding of employees; and offers investment consulting and other services to the sponsors of pension funds, foundations, endowments, other investors, and wealth management companies. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.

The Progressive Corporation (PGR) had a light trading with around 2.32M shares changing hands compared to its three month average trading volume of 2.95M. The stock traded between $37.29 and $37.61 before closing at the price of $37.45 with -0.4% change on the day. The Mayfield Village Ohio 44143 based company is currently trading 24.9% above its 52 week low of $30.54 and -0.79% below its 52 week high of $38.17. Both the RSI indicator and target price of 68.25 and $36.77 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Dominion Resources, Inc. (D) traded within a range of $72.83 to $73.68 after opening the day at $73.59. The company has seen its stock decrease in value by -4.53% so far this year. The stock was down close to -0.83% on active volume in last trading session and closed at $73.12 per share. After the recent fall, the stock is currently holding -5.67% below its 52 week high of $78.97 and 11.31% above its 12-month low of $67.58. The shares are up by over 4.29% in the last three months, and the RSI indicator value of 45.14 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Generation segment is involved in electricity generation through coal, nuclear, gas, oil, hydro, and renewable sources; and related energy supply operations. It also comprises generation operations of the company’s merchant fleet and energy marketing, and price risk management activities for its assets. The Dominion Energy segment engages in regulated natural gas distribution operations, gas transmission pipeline and storage operations, natural gas gathering and processing activities, and liquefied natural gas operations. As of December 31, 2015, the company’s portfolio of assets included approximately 24,300 megawatts of generating capacity; 6,500 miles of electric transmission lines; 57,300 miles of electric distribution lines; 12,200 miles of natural gas transmission, gathering, and storage pipelines; and 22,000 miles of gas distribution pipelines. It served approximately 5 million utility and retail energy customers in 14 states; and operated underground natural gas storage systems with approximately 933 billion cubic feet of storage capacity. In addition, the company sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. Dominion Resources, Inc. was founded in 1909 and is headquartered in Richmond, Virginia.

 

Eye Catching Stocks: The Progressive Corporation (PGR), Duke Energy Corporation (DUK), Adobe Systems Incorporated (ADBE)

The Progressive Corporation (PGR) continued its upward trend with the stock climbing 0.91% or $0.34 to close the day at $37.66 on light trading volume of 2.58M shares, compared to its three month average trading volume of 2.98M. The Mayfield Village Ohio 44143 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 26.89%, compared to the industry which has advanced 30.11% over the same period. With RSI of 74.41, the stock should still continue to rise and get closer to its one year target estimate of $36.77, making it a hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Duke Energy Corporation (DUK) climbed 0.45% during last trading as the stock added $0.35 to finish the day at $78.1 with about 2.55M shares changing hands, compared to its three month average trading volume of 3.27M. The $53.81B market cap company, which fluctuated between $77.59 and $78.16 during the day, currently situated 11.25% above its 52 week low of $72.34 and -9.98% away from its one year high of $87.75. The RSI of 55.52 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Portfolio. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, Ohio, Kentucky, and Indiana; and transports and sells natural gas in southwestern Ohio and northern Kentucky. This segment owns approximately 50,000 megawatts (MW) of generation capacity; and uses coal, hydroelectric, natural gas, oil, and nuclear fuel to generate electricity. It serves approximately 7.4 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States with a service area covering approximately 95,000 square miles; and approximately 525,000 retail natural gas customers in southwestern Ohio and northern Kentucky. This segment is also involved in the wholesale of electricity to incorporated municipalities, electric cooperative utilities, and other load-serving entities. The International Energy segment operates and manages power generation facilities; and markets and sells electric power, natural gas, and natural gas liquids. This segment serves retail distributors, electric utilities, independent power producers, marketers, and industrial and commercial companies. The Commercial Portfolio segment acquires, builds, develops, and operates wind and solar renewable generation and energy transmission projects. Its portfolio includes nonregulated renewable energy, electric transmission, natural gas infrastructure, and energy storage businesses. This segment has 22 wind farms and 38 commercial solar farms with a capacity of 2,400 MW across 11 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. Duke Energy Corporation was incorporated in 2005 and is headquartered in Charlotte, North Carolina.

Adobe Systems Incorporated (ADBE) saw its value increase by 0.35% as the stock gained $0.41 to finish the day at a closing price of $116.85. The stock was lighter in trading and has fluctuated between $77.13-$116.94 per share for the past year. The shares, which traded within a range of $115.03 to $116.94 during the day, are up by 8.33% in the past three months and up by 14.93% over the past six months. It is currently trading 3.82% above its 20 day moving average and 8.44% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $123.16 a share over the next twelve months. The current relative strength index (RSI) reading is 74.26. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Adobe Systems Incorporated operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company’s Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, advertising and media optimization, digital experience management, cross-channel campaign management, and audience management solutions, as well as video delivery and monetization to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Print and Publishing segment offers products and services, such as eLearning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company markets and licenses its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. The company was founded in 1982 and is headquartered in San Jose, California.

 

Traders Recap: United Technologies Corporation (UTX), The Progressive Corporation (PGR), Capital One Financial Corporation (COF)

United Technologies Corporation (UTX) failed to extend gains with the stock declining -0.76% or $-0.85 to close the day at $110.4 on lower than average trading volume of 2.07M shares, compared to its three month average trading volume of 3.15M. The Farmington Connecticut 06032 based company has been outperforming the aerospace/defense products & services companies by 7.6773% for last three months and its recent gains have pushed the stock slightly up 0.71% YTD, versus the aerospace/defense products & services industry which is up 3.25% for the same period. The RSI of 52.2 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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.

The Progressive Corporation (PGR) had a light trading with around 2.07M shares changing hands compared to its three month average trading volume of 3.02M. The stock traded between $36.84 and $37.1 before closing at the price of $36.97 with -0.19% change on the day. The Mayfield Village Ohio 44143 based company is currently trading 24.73% above its 52 week low of $30.19 and -1.39% below its 52 week high of $38.17. Both the RSI indicator and target price of 67.57 and $36.86 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Capital One Financial Corporation (COF) traded within a range of $87.05 to $87.91 after opening the day at $87.6. The company has seen its stock increase in value by 0.34% so far this year. The stock was down close to -0.65% on light volume in last trading session and closed at $87.54 per share. After the recent fall, the stock is currently holding -4.47% below its 52 week high of $91.64 and 52.6% above its 12-month low of $58.03. The shares are up by over 17.62% in the last three months, and the RSI indicator value of 46.72 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company offers various non-interest bearing and interest-bearing deposits, such as demand deposits, money market deposits, time deposits, negotiable order of withdrawal accounts, and savings accounts. It also provides credit card loans and installment loans; auto, home, and retail banking loans; and commercial and multifamily real estate, commercial and industrial, and small-ticket commercial real estate loans. In addition, the company offers credit and debit card products; online direct banking services; and treasury management and depository services. It serves consumers, small businesses, and commercial clients through the Internet and other distribution channels, as well as through branches located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and the District of Columbia. The company was founded in 1993 and is headquartered in McLean, Virginia. Capital One Financial Corporation (NYSE:COF) operates independently of Signet Banking Corp. as of February 28, 1995.

 

Stocks Intraday Alert: The Progressive Corporation (PGR), The Estee Lauder Companies Inc. (EL), Cheniere Energy, Inc. (LNG)

The Progressive Corporation (PGR) failed to extend gains with the stock declining -0.32% or $-0.12 to close the day at $37.01 on lower than average trading volume of 2.11M shares, compared to its three month average trading volume of 3.02M. The Mayfield Village Ohio 44143 based company has been outperforming the property & casualty insurance companies by 20.1047% for last three months and its recent gains have pushed the stock slightly up 6.18% YTD, versus the property & casualty insurance industry which is up 0.4% for the same period. The RSI of 69.69 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

The Estee Lauder Companies Inc. (EL) had a light trading with around 2.11M shares changing hands compared to its three month average trading volume of 2.12M. The stock traded between $82.56 and $83.2 before closing at the price of $82.82 with -0.24% change on the day. The New York New York 10153 based company is currently trading 9.99% above its 52 week low of $75.3 and -14.11% below its 52 week high of $97.48. Both the RSI indicator and target price of 63.81 and $90.52 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Estée Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, as well as related items, including compacts, brushes, and other makeup tools. It also provides fragrance products in various forms comprising eau de parfum sprays and colognes, lotions, powders, creams, candles, and soaps; and hair care products, which include shampoos, conditioners, styling products, treatment, finishing sprays, and hair color products, as well as sells ancillary products and services. The company offers its products under the brands of Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, Smashbox, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, Prescriptives, GoodSkin Labs, Ojon, and Osiao. In addition, it operates as a licensee for fragrances and/or cosmetics sold under the Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors, Tom Ford, Ermenegildo Zegna, Tory Burch, Dr. Andrew Weil, and AERIN brand names. The company sells its products through department stores, specialty multi-brand retailers, upscale perfumeries, pharmacies, and salons and spas; freestanding stores; e-commerce Websites; stores in airports and on cruise ships; in-flight and duty-free shops; and self-select outlets. The Estée Lauder Companies Inc. was founded in 1946 and is based in New York, New York.

Cheniere Energy, Inc. (LNG) traded within a range of $48.24 to $49.64 after opening the day at $49.64. The company has seen its stock increase in value by 17.06% so far this year. The stock was down close to -1.88% on light volume in last trading session and closed at $48.5 per share. After the recent fall, the stock is currently holding -4.02% below its 52 week high of $50.53 and 112.72% above its 12-month low of $23.14. The shares are up by over 32.44% in the last three months, and the RSI indicator value of 61.57 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

 

3 Stocks in Focus: The Progressive Corporation (PGR), Cummins Inc. (CMI), The Boeing Company (BA)

The Progressive Corporation (PGR) fell -0.13% during last trading as the stock lost $-0.05 to finish the day at $37.44 with about 3.35M shares changing hands, compared to its three month average trading volume of 2.91M. The $21.74B market cap company, which fluctuated between $37.22 and $37.57 during the day, currently situated 24.92% above its 52 week low of $29.99 and -1.91% away from its one year high of $38.17. The RSI of 68.16 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Cummins Inc. (CMI) dropped $0 to close the day at a new closing price of $147.01, a 0% decrease in value from its previous closing price that moved the stock 75.18% above its 52 week low of $86.83. A total of 1.98M shares exchanged hands during the day compared with its three month average trading volume of 1.57M. The stock, which fluctuated between $144.25 and $147.25 during the day, currently situated -2.22% below its 52 week high. The stock is up by 7.76% in the past one month and up by 16.98% over the past three months. With a one year target estimate of $0 and RSI of 66.12, the stock still has upside potential, making it a hold for now.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates through four segments: Engine, Distribution, Components, and Power Generation. The Engine segment offers various diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and services, as well as remanufactured parts and engines. The Distribution segment distributes parts and filtration products, engines, and power generation products, as well as offers service solutions, including maintenance contracts, engineering services, and integrated products. The Components segment provides emission solutions, including custom engineering systems and integrated controls, oxidation catalysts, particulate filters, oxides of nitrogen reduction systems, and engineered components; turbochargers for light-duty, mid-range, heavy-duty, and high-horsepower diesel markets; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and fuel systems for heavy-duty on-highway diesel engine applications, as well as remanufactures fuel systems. The Power Generation segment designs and manufactures components that make up power generation systems, including controls, alternators, transfer switches, and switchgears, as well as offers power generation systems, components, and services. The company sells its products to original equipment manufacturers, distributors, and other customers worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

The Boeing Company (BA) had a active trading with around 5.35M shares changing hands compared to its three month average trading volume of 3.31M. The stock traded between $163.22 and $165.1 before closing at the price of $163.42 with -1.3% change on the day. The Chicago Illinois 60606 based company is currently trading 63.95% above its 52 week low of $102.1 and -3.87% below its 52 week high of $170. Both the RSI indicator and target price of 58.99 and $168.75 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, as well as provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment is involved in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for the global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment engages in the research, development, production, and modification of electronics and information solutions; strategic missile and defense systems; space and intelligence systems; and space exploration products. The Global Services and Support segment offers integrated logistics, including supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services, such as pilot and maintenance training. The Boeing Capital segment facilitates, arranges, structures, and provides financing solutions, such as equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The Boeing Company was founded in 1916 and is headquartered in Chicago, Illinois.

 

Stocks To Watch: Lennar Corporation (LEN), Whirlpool Corporation (WHR), The Progressive Corporation (PGR)

Lennar Corporation (LEN) traded within a range of $45.62 to $46.64 after opening the day at $46.55. The company has seen its stock increase in value by 6.75% so far this year. The stock was down close to -1.95% on light volume in last trading session and closed at $45.79 per share. After the recent fall, the stock is currently holding -7.51% below its 52 week high of $49.6 and 23.72% above its 12-month low of $37.14. The shares are up by over 11.16% in the last three months, and the RSI indicator value of 59.91 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily segments. Its homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land. The company also offers real estate related financial services, including mortgage financing, title insurance, and closing services for home buyers and others, as well as personal lines, property, and casualty insurance products. In addition, it is involved in raising, investing, and managing third party capital; and originating and selling into securitizations commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company sponsors, invests, and manages private equity vehicles, and provides asset management and other services to the vehicles and other third parties. Additionally, the company develops multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Whirlpool Corporation (WHR) continued its downward trend with the stock declining -1.78% or $-3.09 to close the day at $170.85 on light trading volume of 2.15M shares, compared to its three month average trading volume of 901.45K. The Benton Harbor Michigan 49022 based company has been outperforming the appliances group over the past 52 weeks, with the stock gaining 32.47%, compared to the industry which has advanced 16.23% over the same period. With RSI of 35.05, the stock should still continue to rise and get closer to its one year target estimate of $197.13, making it a hold for now.

Whirlpool Corporation manufactures and markets home appliances and related products worldwide. The company’s principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. It also produces hermetic compressors for refrigeration systems. The company markets and distributes its products under various brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air, Indesit, Roper, Admiral, Affresh, Gladiator, Inglis, Estate, Acros, Supermatic, KIC, Ariston, Ignis, Consul, Diqua, Hotpoint, and Royalstar. The company sells its products to retailers, distributors, dealers, builders, and other manufacturers. Whirlpool Corporation was founded in 1898 and is headquartered in Benton Harbor, Michigan.

The Progressive Corporation (PGR) dropped $-0.04 to close the day at a new closing price of $38, a -0.11% decrease in value from its previous closing price that moved the stock 30.76% above its 52 week low of $29.97. A total of 2.14M shares exchanged hands during the day compared with its three month average trading volume of 2.92M. The stock, which fluctuated between $37.87 and $38.17 during the day, currently situated -0.13% below its 52 week high. The stock is up by 6.35% in the past one month and up by 18.82% over the past three months. With a one year target estimate of $36.29 and RSI of 79.38, the stock still has upside potential, making it a sell for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

 

Three Movers to Watch for: The Progressive Corporation (PGR), Celgene Corporation (CELG), Tesla Motors, Inc. (TSLA)

The Progressive Corporation (PGR) grew with the stock adding 3.17% or $1.16 to close at $37.77 on active trading volume of 5.17M compared its three months average trading volume of 2.85M. The Mayfield Village Ohio 44143 based company operating under the Property & Casualty Insurance industry has been trending up for the last 52 weeks, with the shares price now 31.82% up for the period and up by 6.39% so far this year. With price target of $35.07 and a 32.32% rebound from 52-week low, The Progressive Corporation has plenty of upside potential, making it a hold with a view buy.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Celgene Corporation (CELG) gained $1.53 to close the day at a new closing price of $113.98, a 1.36% increase in value from its previous closing price that moved the stock 22.49% above its 52 week low of $93.05. A total of 5.16M shares exchanged hands during the day compared with its three month average trading volume of 4.97M. The stock, which fluctuated between $112.86 and $114.27 during the day, currently situated -10.25% below its 52 week high. The stock is down by -3.3% in the past one month and up by 16.22% over the past three months. With a one year target estimate of $138.67 and RSI of 40.76, the stock still has upside potential, making it a hold for now.

Celgene Corporation discovers, develops, and commercializes therapies to treat cancer and inflammatory diseases worldwide. It markets REVLIMID, an oral immunomodulatory drug for multiple myeloma, myelodysplastic syndromes (MDS), and mantle cell lymphoma; ABRAXANE, a solvent-free chemotherapy product to treat breast, non-small cell lung, pancreatic, and gastric cancers; POMALYST/IMNOVID to treat multiple myeloma; and OTEZLA, a small-molecule inhibitor of phosphodiesterase 4 for psoriatic arthritis, psoriasis, ankylosing spondylitis, Behçet’s disease, atopic dermatitis, and ulcerative colitis. The company’s products also include VIDAZA, a pyrimidine nucleoside analog to treat intermediate-2 and high-risk MDS, and chronic myelomonocytic leukemia, as well as acute myeloid leukemia (AML); THALOMID for the patients with multiple myeloma and erythema nodosum leprosum; ISTODAX to treat cutaneous and peripheral T-cell lymphoma; and FOCALIN, FOCALIN XR, and RITALIN products. Its clinical stage products include OTEZLA for the treatment of various immune-inflammatory diseases; sotatercept for the treatment of renal anemia, beta-thalassemia and MDS; luspatercept for beta-thalassemia and MDS; CC-486 to treat MDS, AML, and solid tumors; CC-122 and CC-220 to treat hematological and solid tumor cancers, and inflammation and immunology diseases; PDA-002 for the treat diabetic foot ulcers and peripheral neuropathy; and PNK-007 for hematological malignancies treatment. The company has collaborative agreements with Novartis Pharma AG; Acceleron Pharma; Agios Pharmaceuticals, Inc.; Epizyme Inc.; Sutro Biopharma, Inc.; bluebird bio, Inc.; FORMA Therapeutics Holdings, LLC; Acetylon Pharmaceuticals, Inc.; OncoMed Pharmaceuticals, Inc.; NantBioScience, Inc.; AstraZeneca PLC; Lycera Corp.; Juno Therapeutics, Inc.; TriNetX, Inc.; Triphase Accelerator Corporation; Nurix Inc.; Abbott; Sage Bionetworks; and PharmAkea Inc. The company was founded in 1980 and is headquartered in Summit, New Jersey.

Tesla Motors, Inc. (TSLA) shares were down in last trading by -0.05% to $254.47. It experienced higher than average volume on day. The stock increased in value by almost 6.76% over the past week and grew 22.08% in the past month. It is currently trading 22.66% above its 50 day moving average and 18.81% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.52% decrease in value from its one year high of $269.34. The RSI indicator value of 83.53, lead us to believe that it may reverse gains in the near term.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers. It sells its products through a network of Tesla stores and galleries, as well as through Internet. In addition, the company 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. Tesla Motors, Inc. was founded in 2003 and is headquartered in Palo Alto, California.

 

Stocks in the Spotlight: Amazon.com, Inc. (AMZN), Washington Prime Group Inc. (WPG), The Progressive Corporation (PGR)

Amazon.com, Inc. (AMZN) had a light trading with around 2.97M shares changing hands compared to its three month average trading volume of 4.32M. The stock traded between $814.5 and $823.99 before closing at the price of $822.44 with 0.56% change on the day. The Seattle Washington 98109 based company is currently trading 73.51% above its 52 week low of $474 and -2.92% below its 52 week high of $847.21. Both the RSI indicator and target price of 67.82 and $928.53 respectively, lead us to believe that it should be put on hold over the coming weeks.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Washington Prime Group Inc. (WPG) continued its downward trend with the stock declining -0.2% or $-0.02 to close the day at $9.76 on active trading volume of 2.95M shares, compared to its three month average trading volume of 1.93M. The Columbus Ohio 43215 based company has been outperforming the property management group over the past 52 weeks, with the stock gaining 17.18%, compared to the industry which has advanced 4.25% over the same period. With RSI of 36.55, the stock should still continue to rise and get closer to its one year target estimate of $10.1, making it a hold for now.

Washington Prime Group Inc. (NYSE:WPG.WI) operates independently of Simon Property Group Inc. as of May 28, 2014.

The Progressive Corporation (PGR) shares were up in last trading by 0.47% to $36.61. It experienced higher than average volume on day. The stock increased in value by almost 1.75% over the past week and grew 2.46% in the past month. It is currently trading 5.53% above its 50 day moving average and 10.67% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.11% decrease in value from its one year high of $36.66. The RSI indicator value of 68.57, lead us to believe that it is a hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

 

Stocks in Review: Office Depot, Inc. (ODP), The Progressive Corporation (PGR), DDR Corp. (DDR)

Office Depot, Inc. (ODP) traded within a range of $4.4 to $4.5 after opening the day at $4.49. The company has seen its stock decrease in value by -2.21% so far this year. The stock was down close to -1.34% on light volume in last trading session and closed at $4.42 per share. After the recent fall, the stock is currently holding -43.42% below its 52 week high of $7.91 and 47.64% above its 12-month low of $3.01. The shares are up by over 33.86% in the last three months, and the RSI indicator value of 41.03 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Office Depot, Inc., together with its subsidiaries, supplies office products and services. It operates in three segments: North American Retail, North American Business Solutions, and International. The company sells office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture. It also offers copy and print services. The company sells its products and services to consumers and businesses through office supply stores, a contract sales force, Internet sites, an outbound telephone account management sales force, direct marketing catalogs, and call centers, as well as participates under licensing and merchandise arrangements in Latin America, Europe, Israel, and Japan. As of December 26, 2015, it operated 1,564 stores in the United States, including Puerto Rico and the U.S. Virgin Islands; and 147 stores in France, South Korea, Sweden, New Zealand, and Australia. The company offers its products under various labels, including Office Depot, OfficeMax, Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark, Grand & Toy, and Viking Office Products. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida.

The Progressive Corporation (PGR) failed to extend gains with the stock declining -0.27% or $-0.1 to close the day at $36.44 on active trading volume of 3.01M shares, compared to its three month average trading volume of 2.81M. The Mayfield Village Ohio 44143 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 25.23%, compared to the industry which has advanced 24.65% over the same period. With RSI of 66.81, the stock should still continue to rise and get closer to its one year target estimate of $35.07, making it a hold for now.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance products for homeowners, other property owners, and renters. The company also offers policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; home, condominium, and renters insurance; and general liability and business owners policies, and workers’ compensation insurance, as well as sells personal auto physical damage and property damage liability insurance in Australia. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on the Internet, mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

DDR Corp. (DDR) gained $0.13 to close the day at a new closing price of $15.19, a 0.86% increase in value from its previous closing price that moved the stock 3.54% above its 52 week low of $14.67. A total of 3.01M shares exchanged hands during the day compared with its three month average trading volume of 3.15M. The stock, which fluctuated between $15.04 and $15.22 during the day, currently situated -23.74% below its 52 week high. The stock is down by -0.07% in the past one month and down by -7.21% over the past three months. With a one year target estimate of $16.24 and RSI of 52.15, the stock still has upside potential, making it a hold for now.

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