3 Stocks in Focus: AK Steel Holding Corporation (AKS), United States Steel Corporation (X), Plug Power Inc. (PLUG)

AK Steel Holding Corporation (AKS) climbed 4.41% during last trading as the stock added $0.37 to finish the day at $8.76 with about 36.67M shares changing hands, compared to its three month average trading volume of 22.42M. The $2.84B market cap company, which fluctuated between $8.37 and $8.81 during the day, currently situated 315.17% above its 52 week low of $2.19 and -23.09% away from its one year high of $11.39. The RSI of 48.72 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

United States Steel Corporation (X) gained $2.11 to close the day at a new closing price of $39.71, a 5.61% increase in value from its previous closing price that moved the stock 500.4% above its 52 week low of $6.94. A total of 25.67M shares exchanged hands during the day compared with its three month average trading volume of 18.03M. The stock, which fluctuated between $38.58 and $40.39 during the day, currently situated 1.61% above its 52 week high. The stock is up by 21.17% in the past one month and up by 61.27% over the past three months. With a one year target estimate of $34.13 and RSI of 66.64, the stock still has upside potential, making it a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Plug Power Inc. (PLUG) had a light trading with around 24.6M shares changing hands compared to its three month average trading volume of 4.13M. The stock traded between $1.06 and $1.31 before closing at the price of $1.1 with -6.78% change on the day. The Latham New York 12110 based company is currently trading 32.53% above its 52 week low of $0.83 and -51.75% below its 52 week high of $2.28. Both the RSI indicator and target price of 50.28 and $2.26 respectively, lead us to believe that it should be put on hold over the coming weeks.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States. The company focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. Its product line includes GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and GenFund, which offers financing solutions to customers. The company sells its products to businesses and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

 

3 Stocks in Focus: United States Steel Corporation (X), Frontier Communications Corporation (FTR), Great Basin Scientific, Inc. (GBSN)

United States Steel Corporation (X) climbed 8.25% during last trading as the stock added $2.85 to finish the day at $37.38 with about 29.64M shares changing hands, compared to its three month average trading volume of 18.38M. The $6.65B market cap company, which fluctuated between $34.55 and $37.5 during the day, currently situated 465.17% above its 52 week low of $6.94 and -4.36% away from its one year high of $39.14. The RSI of 60.71 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Frontier Communications Corporation (FTR) dropped $-0.02 to close the day at a new closing price of $3.28, a -0.61% decrease in value from its previous closing price that moved the stock 9.09% above its 52 week low of $3.1. A total of 22.78M shares exchanged hands during the day compared with its three month average trading volume of 19.97M. The stock, which fluctuated between $3.26 and $3.34 during the day, currently situated -38.56% below its 52 week high. The stock is down by -9.64% in the past one month and up by 4.37% over the past three months. With a one year target estimate of $4.65 and RSI of 36.2, the stock still has upside potential, making it a hold for now.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

Great Basin Scientific, Inc. (GBSN) had a light trading with around 21.74M shares changing hands compared to its three month average trading volume of 68.16M. The stock traded between $0.0015 and $0.0017 before closing at the price of $0 with 0% change on the day. The Salt Lake City Utah 84111 based company is currently trading 0% below its 52 week low of $0.001 and 0% below its 52 week high of $276360. Both the RSI indicator and target price of 0 and $1575840 respectively, lead us to believe that it could rise over the coming weeks.

Great Basin Scientific, Inc., a molecular diagnostic testing company, develops and commercializes molecular diagnostic systems that are designed to test hospital-acquired infections. The company’s platform provides C. diff test, a rapid medical diagnostic test for the detection of C. diff, a gram-positive bacteria that causes severe diarrhea and other intestinal disorders. It also provides Group B streptococcus test, which is used to detect Group B streptococcus from an anal/vaginal swab of a pregnant woman. The company’s assays in clinical trials include Staphylococcus identification and resistance blood infection panel that is designed to identify species of staphylococcus infections, detect the mecA gene that confers drug resistance directly from positive blood cultures, and provide information on the antibiotic resistance profile of the bacteria; and Shiga toxin producing Escherichia coli (E. coli) test that identifies shiga toxin produced by E. coli. Its assays under development include Staphyloccocus aureus (SA) pre-surgical nasal screen, a rapid test for the presence of SA in the nasal passages of a pre-surgical patient; Stool bacterial pathogenic panel, which is designed to detect the causes of food poisoning; Candida blood infections panel that is designed to identify the five species of Candida directly from positive blood cultures; Pertussis test for contagious respiratory disease caused by the bacterium Bordetella pertussis; and CT/NG test for chlamydia tracomatis/neisseria gonorrhoeae. The company sells its diagnostic tests through a direct sales force in the United States, as well as through distributors in the European Union and New Zealand. The company was formerly known as Diagnostic Micro Arrays, Inc. and changed its name to Great Basin Scientific, Inc. in April 2006. Great Basin Scientific, Inc. is headquartered in Salt Lake City, Utah.

 

Three Movers to Watch for: J. C. Penney Company, Inc. (JCP), Southwestern Energy Company (SWN), United States Steel Corporation (X)

  1. C. Penney Company, Inc. (JCP) grew with the stock adding 0.15% or $0.01 to close at $6.64 on light trading volume of 15.14M compared its three months average trading volume of 20.33M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending down for the last 52 weeks, with the shares price now -9.91% down for the period and down by -20.1% so far this year. With price target of $10.21 and a 4.57% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Southwestern Energy Company (SWN) dropped $-0.14 to close the day at a new closing price of $9.19, a -1.5% decrease in value from its previous closing price that moved the stock 73.4% above its 52 week low of $5.3. A total of 14.99M shares exchanged hands during the day compared with its three month average trading volume of 15.15M. The stock, which fluctuated between $8.91 and $9.39 during the day, currently situated -41.05% below its 52 week high. The stock is down by -10.34% in the past one month and down by -3.36% over the past three months. With a one year target estimate of $13.45 and RSI of 37.6, the stock still has upside potential, making it a hold for now.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

United States Steel Corporation (X) shares were down in last trading by -1.17% to $33.8. It experienced lighter than average volume on day. The stock increased in value by almost 3.33% over the past week and fell -4.52% in the past month. It is currently trading -1.54% below its 50 day moving average and 46.5% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -13.64% decrease in value from its one year high of $39.14. The RSI indicator value of 48.87, lead us to believe that it is a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Three Movers to Watch for: J. C. Penney Company, Inc. (JCP), United States Steel Corporation (X), Pulmatrix, Inc. (PULM)

  1. C. Penney Company, Inc. (JCP) retreated with the stock falling -0.45% or $-0.03 to close at $6.69 on light trading volume of 18.59M compared its three months average trading volume of 20.28M. The Plano Texas 75024 based company operating under the Department Stores industry has been trending down for the last 52 weeks, with the shares price now -9.1% down for the period and down by -19.49% so far this year. With price target of $10.21 and a 5.35% rebound from 52-week low, J. C. Penney Company, Inc. has plenty of upside potential, making it a hold with a view buy.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

United States Steel Corporation (X) dropped $-1.07 to close the day at a new closing price of $33.78, a -3.07% decrease in value from its previous closing price that moved the stock 409.99% above its 52 week low of $6.67. A total of 17.54M shares exchanged hands during the day compared with its three month average trading volume of 18.79M. The stock, which fluctuated between $33.11 and $34.16 during the day, currently situated -13.69% below its 52 week high. The stock is down by -9.51% in the past one month and up by 90.02% over the past three months. With a one year target estimate of $33.53 and RSI of 49.91, the stock still has upside potential, making it a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Pulmatrix, Inc. (PULM) shares were down in last trading by -24.31% to $3.86. It experienced higher than average volume on day. The stock increased in value by almost 14.54% over the past week and grew 532.79% in the past month. It is currently trading 276.94% above its 50 day moving average and 125.16% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -44.7% decrease in value from its one year high of $6.98. The RSI indicator value of 64.64, lead us to believe that it is a hold for now.

Pulmatrix, Inc., a clinical stage biopharmaceutical company, engages in developing inhaled therapies to address serious pulmonary diseases using its inhaled Small Particles Easily Respirable and Emitted (iSPERSE) technology. The company’s proprietary product pipeline focuses on advancing treatments for rare diseases, including PUR1900, an inhaled anti-fungal for patients with cystic fibrosis, as well as PUR1500, an inhaled product for the treatment of idiopathic pulmonary fibrosis. It is also developing PUR0200, a branded generic in clinical development for chronic obstructive pulmonary disease. The company has collaboration with Capsugel to develop inhaled therapeutics to treat serious pulmonary diseases. Pulmatrix, Inc. was founded in 2003 and is headquartered in Lexington, Massachusetts.

3 Stocks in Focus: Pitney Bowes Inc. (PBI), Pulmatrix, Inc. (PULM), United States Steel Corporation (X)

Pitney Bowes Inc. (PBI) fell -17.46% during last trading as the stock lost $-2.78 to finish the day at $13.14 with about 30.43M shares changing hands, compared to its three month average trading volume of 2.82M. The $2.44B market cap company, which fluctuated between $12.41 and $15.08 during the day, currently situated -6.41% below its 52 week low of $12.41 and -37.71% away from its one year high of $21.81. The RSI of 25.1 indicates the stock is oversold at the current levels, buy for now.

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

Pulmatrix, Inc. (PULM) gained $1.58 to close the day at a new closing price of $3.73, a 73.49% increase in value from its previous closing price that moved the stock 643.03% above its 52 week low of $0.5. A total of 29.53M shares exchanged hands during the day compared with its three month average trading volume of 1.63M. The stock, which fluctuated between $2.2 and $4.4 during the day, currently situated -4.11% below its 52 week high. The stock is up by 532.2% in the past one month and up by 191.41% over the past three months. With a one year target estimate of $15 and RSI of 72.16, the stock still has upside potential, making it a sell for now.

Pulmatrix, Inc., a clinical stage biopharmaceutical company, engages in developing inhaled therapies to address serious pulmonary diseases using its inhaled Small Particles Easily Respirable and Emitted (iSPERSE) technology. The company’s proprietary product pipeline focuses on advancing treatments for rare diseases, including PUR1900, an inhaled anti-fungal for patients with cystic fibrosis, as well as PUR1500, an inhaled product for the treatment of idiopathic pulmonary fibrosis. It is also developing PUR0200, a branded generic in clinical development for chronic obstructive pulmonary disease. The company has collaboration with Capsugel to develop inhaled therapeutics to treat serious pulmonary diseases. Pulmatrix, Inc. was founded in 2003 and is headquartered in Lexington, Massachusetts.

United States Steel Corporation (X) had a active trading with around 27.37M shares changing hands compared to its three month average trading volume of 18.64M. The stock traded between $30.71 and $34 before closing at the price of $31.33 with -4.22% change on the day. The Pittsburgh Pennsylvania 15219 based company is currently trading 375.35% above its 52 week low of $6.57 and -19.95% below its 52 week high of $39.14. Both the RSI indicator and target price of 42.11 and $33.47 respectively, lead us to believe that it should be put on hold over the coming weeks.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

 

Three Movers to Watch for: Graphic Packaging Holding Company (GPK), United States Steel Corporation (X), Whiting Petroleum Corporation (WLL)

Graphic Packaging Holding Company (GPK) retreated with the stock falling -0.56% or $-0.07 to close at $12.43 on light trading volume of 17.19M compared its three months average trading volume of 3.67M. The Atlanta Georgia 30328 based company operating under the Packaging & Containers industry has been trending up for the last 52 weeks, with the shares price now 11.31% up for the period and down by -0.4% so far this year. With price target of $15.17 and a 18.06% rebound from 52-week low, Graphic Packaging Holding Company has plenty of upside potential, making it a hold with a view buy.

Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, and other consumer products companies. The company operates in three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK) and coated recycled board (CRB) to various paperboard packaging converters and brokers; and paperboard packaging folding cartons primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets. It also manufactures corrugated medium and kraft paper; offers various laminated, coated, and printed packaging structures that are produced from its CUK and CRB, as well as other grades of paperboard that are purchased from third-party suppliers; designs and manufactures specialized packaging machines that package bottles and cans, and non-beverage consumer products; and installs its packaging machines at customer plants and provides support, service, and performance monitoring of the machines. The company markets its product primarily through sales offices and broker arrangements with third parties in the Americas, Europe, and the Asia Pacific. Graphic Packaging Holding Company was founded in 1992 and is headquartered in Atlanta, Georgia.

United States Steel Corporation (X) dropped $-0.77 to close the day at a new closing price of $33, a -2.28% decrease in value from its previous closing price that moved the stock 443.84% above its 52 week low of $6.67. A total of 16.06M shares exchanged hands during the day compared with its three month average trading volume of 18.69M. The stock, which fluctuated between $32.05 and $33.34 during the day, currently situated -15.69% below its 52 week high. The stock is down by -5.93% in the past one month and up by 69.47% over the past three months. With a one year target estimate of $33.47 and RSI of 47.97, the stock still has upside potential, making it a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Whiting Petroleum Corporation (WLL) shares were down in last trading by -4.7% to $10.96. It experienced lighter than average volume on day. The stock decreased in value by almost -8.05% over the past week and fell -11.04% in the past month. It is currently trading -6.32% below its 50 day moving average and 10.9% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -24.1% decrease in value from its one year high of $14.44. The RSI indicator value of 38.87, lead us to believe that it is a hold for now.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

 

Investor’s Watch List: JetBlue Airways Corporation (JBLU), Whiting Petroleum Corporation (WLL), United States Steel Corporation (X)

JetBlue Airways Corporation (JBLU) had a light trading with around 21.49M shares changing hands compared to its three month average trading volume of 6.2M. The stock traded between $19.52 and $20.6 before closing at the price of $19.65 with -6.87% change on the day. The Long Island City New York 11101 based company is currently trading 33.13% above its 52 week low of $14.76 and -16.98% below its 52 week high of $23.67. Both the RSI indicator and target price of 32.58 and $26.5 respectively, lead us to believe that it should be put on hold over the coming weeks.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 25 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 Embraer E190 aircrafts. It also served 93 destinations in 28 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 19 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.

Whiting Petroleum Corporation (WLL) continued its downward trend with the stock declining -3.44% or $-0.41 to close the day at $11.5 on light trading volume of 14.28M shares, compared to its three month average trading volume of 19.14M. The Denver Colorado 80290 based company has been outperforming the oil & gas drilling & exploration group over the past 52 weeks, with the stock gaining 69.12%, compared to the industry which has advanced 100% over the same period. With RSI of 44.36, the stock should still continue to rise and get closer to its one year target estimate of $14.01, making it a hold for now.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

United States Steel Corporation (X) shares were up in last trading by 0.69% to $33.77. It experienced lighter than average volume on day. The stock increased in value by almost 1.17% over the past week and fell -6.89% in the past month. It is currently trading 0.13% above its 50 day moving average and 49.56% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -13.72% decrease in value from its one year high of $39.14. The RSI indicator value of 50.16, lead us to believe that it is a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

 

3 Stocks in Focus: Advanced Micro Devices, Inc. (AMD), Chesapeake Energy Corporation (CHK), United States Steel Corporation (X)

Advanced Micro Devices, Inc. (AMD) climbed 1.64% during last trading as the stock added $0.17 to finish the day at $10.52 with about 35.76M shares changing hands, compared to its three month average trading volume of 49.39M. The $9.77B market cap company, which fluctuated between $10.3 and $10.66 during the day, currently situated 481.22% above its 52 week low of $1.81 and -15.3% away from its one year high of $12.42. The RSI of 51.55 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

Chesapeake Energy Corporation (CHK) dropped $-0.01 to close the day at a new closing price of $7.12, a -0.14% decrease in value from its previous closing price that moved the stock 374.67% above its 52 week low of $1.5. A total of 31.67M shares exchanged hands during the day compared with its three month average trading volume of 50.02M. The stock, which fluctuated between $7.07 and $7.29 during the day, currently situated -13.17% below its 52 week high. The stock is down by -4.3% in the past one month and up by 16.53% over the past three months. With a one year target estimate of $7.67 and RSI of 55.85, the stock still has upside potential, making it a hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

United States Steel Corporation (X) had a active trading with around 21.2M shares changing hands compared to its three month average trading volume of 18.79M. The stock traded between $32.05 and $33.71 before closing at the price of $33.54 with 4.32% change on the day. The Pittsburgh Pennsylvania 15219 based company is currently trading 452.74% above its 52 week low of $6.57 and -14.31% below its 52 week high of $39.14. Both the RSI indicator and target price of 48.74 and $33.47 respectively, lead us to believe that it should be put on hold over the coming weeks.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

 

Stocks Under Review: Rite Aid Corporation (RAD), Patterson-UTI Energy, Inc. (PTEN), United States Steel Corporation (X)

Rite Aid Corporation (RAD) failed to extend gains with the stock declining -0.72% or $-0.05 to close the day at $6.9 on active trading volume of 31.61M shares, compared to its three month average trading volume of 18.8M. The Camp Hill Pennsylvania 17011 based company has been underperforming the drug stores group over the past 52 weeks, with the stock losing -11.31%, compared to the industry which has advanced 2.24% over the same period. With RSI of 25.14, the stock should still continue to rise and get closer to its one year target estimate of $8.88, making it a hold for now.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

Patterson-UTI Energy, Inc. (PTEN) grew with the stock adding 5.67% or $1.53 to close at $28.53 on light trading volume of 24.35M compared its three months average trading volume of 3.44M. The Houston Texas 77067 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 141.3% up for the period and up by 5.98% so far this year. With price target of $27.98 and a 150.55% rebound from 52-week low, Patterson-UTI Energy, Inc. has plenty of upside potential, making it a hold with a view buy.

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

United States Steel Corporation (X) failed to extend gains with the stock declining -3.22% or $-1.07 to close the day at $32.15 on higher than average trading volume of 23.87M shares, compared to its three month average trading volume of 18.83M. The Pittsburgh Pennsylvania 15219 based company has been outperforming the steel & iron companies by 64.0695% for last three months and its recent gains have offset losses to -2.61% YTD, versus the steel & iron industry which is up 4.03% for the same period. The RSI of 43.5 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

 

Three Movers to Watch for: Micron Technology, Inc. (MU), AT&T Inc. (T), United States Steel Corporation (X)

Micron Technology, Inc. (MU) grew with the stock adding 4.39% or $0.96 to close at $22.85 on active trading volume of 29.3M compared its three months average trading volume of 25.63M. The Boise Idaho 83716 based company operating under the Semiconductor- Memory Chips industry has been trending up for the last 52 weeks, with the shares price now 118.03% up for the period and up by 4.24% so far this year. With price target of $26.58 and a 144.39% rebound from 52-week low, Micron Technology, Inc. has plenty of upside potential, making it a hold with a view buy.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

AT&T Inc. (T) dropped $-0.64 to close the day at a new closing price of $41.36, a -1.52% decrease in value from its previous closing price that moved the stock 24.69% above its 52 week low of $34.9. A total of 28.65M shares exchanged hands during the day compared with its three month average trading volume of 24.52M. The stock, which fluctuated between $41.05 and $41.74 during the day, currently situated -2.76% below its 52 week high. The stock is down by -1.23% in the past one month and up by 11.6% over the past three months. With a one year target estimate of $41.5 and RSI of 54.16, the stock still has upside potential, making it a hold for now.

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

United States Steel Corporation (X) shares were up in last trading by 1.28% to $33.22. It experienced higher than average volume on day. The stock increased in value by almost 3.04% over the past week and fell -8.91% in the past month. It is currently trading -0.08% below its 50 day moving average and 48.7% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.13% decrease in value from its one year high of $39.14. The RSI indicator value of 47.24, lead us to believe that it is a hold for now.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.