3 Stocks to Watch For: Valero Energy Corporation (VLO), The Dow Chemical Company (DOW), Mylan N.V. (MYL)

Valero Energy Corporation (VLO) saw its value decrease by -1.71% as the stock dropped $-1.16 to finish the day at a closing price of $66.6. The stock was lighter in trading and has fluctuated between $46.88-$71.4 per share for the past year. The shares, which traded within a range of $66.39 to $67.61 during the day, are up by 7.57% in the past three months and up by 23.13% over the past six months. It is currently trading 0.67% above its 20 day moving average and 0.13% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $73.09 a share over the next twelve months. The current relative strength index (RSI) reading is 51.23.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

The Dow Chemical Company (DOW) shares were up in last trading by 0.51% to $61.41. It experienced lighter than average volume on day. The stock increased in value by almost 1.91% over the past week and grew 6.41% in the past month. It is currently trading 4.83% above its 50 day moving average and 14.62% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.71% decrease in value from its one year high of $61.85. The RSI indicator value of 62.41, lead us to believe that it is a hold for now.

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

Mylan N.V. (MYL) traded within a range of $41.56 to $42.65 after opening the day at $42.6. The company has seen its stock increase in value by 10.09% so far this year. The stock was down close to -1.04% on light volume in last trading session and closed at $42 per share. After the recent fall, the stock is currently holding -16.67% below its 52 week high of $50.4 and 25% above its 12-month low of $33.6. The shares are up by over 8.64% in the last three months, and the RSI indicator value of 71.33 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Mylan N.V., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, transdermal patch, gel, cream, or ointment forms, as well as active pharmaceutical ingredients (APIs). It is also involved in the development of APIs with non-infringing processes for internal use and to partner with manufacturers; and manufacture and sale of injectable products in antineoplastics, anti-infectives, anesthesia/pain management, and cardiovascular therapeutic areas. In addition, the company produces finished dosage form and oral solid dose products; and offers antiretroviral therapies to third parties. Further, it manufactures and sells branded specialty injectable and nebulized products comprising EpiPen Auto-Injector to treat severe allergic reactions; Perforomist Inhalation Solution, a formoterol fumarate inhalation solution for the maintenance treatment of bronchoconstriction in chronic obstructive pulmonary disorder patients; and ULTIVA, an analgesic agent used during the induction and maintenance of general anesthesia for inpatient and outpatient procedures. It sells generic pharmaceutical products to proprietary and ethical pharmaceutical wholesalers and distributors, group purchasing organizations, drug store chains, independent pharmacies, drug manufacturers, institutions, and public and governmental agencies; and specialty pharmaceuticals to pharmaceutical wholesalers and distributors, pharmacies, and healthcare institutions. Mylan N.V. has a collaboration agreement with Momenta Pharmaceuticals, Inc. to develop, manufacture, and commercialize Momenta Pharmaceuticals, Inc.’s biosimilar candidates. The company was formerly known as New Moon B.V. Mylan N.V. was founded in 1961 and is based in Hertfordshire, the United Kingdom.

 

Stocks Buzz: Valero Energy Corporation (VLO), Alexandria Real Estate Equities, Inc. (ARE), The Boeing Company (BA)

Valero Energy Corporation (VLO) failed to extend gains with the stock declining -0.22% or $-0.15 to close the day at $67.47 on light trading volume of 2.65M shares, compared to its three month average trading volume of 4.9M. The San Antonio Texas 78249 based company has been outperforming the oil & gas refining & marketing group over the past 52 weeks, with the stock gaining 25.26%, compared to the industry which has advanced 27.34% over the same period. With RSI of 55.01, the stock should still continue to rise and get closer to its one year target estimate of $73.09, making it a hold for now.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

Alexandria Real Estate Equities, Inc. (ARE) retreated with the stock falling -0.53% or $-0.61 to close at $114.37 on light trading volume of 2.64M compared its three months average trading volume of 563.25K. The Pasadena California 91101 based company operating under the REIT – Office industry has been trending up for the last 52 weeks, with the shares price now 64.77% up for the period and up by 2.92% so far this year. With price target of $117.33 and a 67.01% rebound from 52-week low, Alexandria Real Estate Equities, Inc. has plenty of upside potential, making it a hold with a view buy.

Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. Its properties consist of buildings containing scientific research and development laboratories, and other improvements. The company offers its properties for lease primarily to universities and independent not-for-profit institutions; and pharmaceutical, biotechnology, medical device, life science product, service, biodefense, and translational research entities, as well as governmental agencies. As of December 31, 2006, it had 159 properties, including 156 properties located in 9 states in the United States and 3 properties located in Canada. As a REIT, the company is not subject to federal income tax to the extent that it distributes 100% of its taxable income to its stockholders. The company was founded in 1993 and is based in Pasadena, California.

The Boeing Company (BA) continued its upward trend with the stock climbing 1.19% or $1.95 to close the day at $166.23 on lower than average trading volume of 2.64M shares, compared to its three month average trading volume of 3.41M. The Chicago Illinois 60606 based company has been outperforming the aerospace/defense products & services companies by 15.4752% for last three months and its recent gains have pushed the stock slightly up 7.7% YTD, versus the aerospace/defense products & services industry which is up 4.73% for the same period. The RSI of 63.6 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

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. It 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; and 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 researches, develops, produces, and modifies manned and unmanned military aircraft, and weapons systems for global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment researches, develops, produces, and modifies strategic defense and intelligence systems, satellite systems, and space exploration products. The Global Services & Support segment provides integrated logistics services comprising supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services that include pilot and maintenance training. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating and finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was founded in 1916 and is headquartered in Chicago, Illinois.

 

3 Stocks in Focus: Western Digital Corporation (WDC), Marathon Petroleum Corporation (MPC), Valero Energy Corporation (VLO)

Western Digital Corporation (WDC) fell -2.49% during last trading as the stock lost $-1.97 to finish the day at $77.08 with about 4.49M shares changing hands, compared to its three month average trading volume of 4.34M. The $22.03B market cap company, which fluctuated between $76.14 and $77.89 during the day, currently situated 126.34% above its 52 week low of $34.99 and -5.62% away from its one year high of $81.67. The RSI of 57.74 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Western Digital Corporation, together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide. It offers performance hard disk drives (HDDs) that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models, as well as for use in storage of data for years; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are designed to enhance the performance in various enterprise workload environments. The company also provides InfiniFlash System, a system solution that offers petabyte scalable capacity with performance metrics; higher value data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop PCs, notebook PCs, gaming consoles, set top boxes, security surveillance systems, and other computing devices. In addition, it offers embedded NAND-flash storage products, including custom embedded solutions; and iNAND embedded flash products, such as multi-chip package solutions that combine NAND and mobile dynamic random-access memory in an integrated package for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as in automotive and connected home applications, and NAND-flash wafers. Further, it provides HDDs embedded into WD- and HGST-branded external storage products; and NAND-flash products, which include cards, universal serial bus flash drives, and wireless drives. Additionally, the company licenses its technologies. The company sells its products under the HGST, SanDisk, and WD brands to original equipment manufacturers (OEMs), distributors, resellers, cloud infrastructure players, and retailers. It serves storage subsystem suppliers, OEMs, Internet and social media infrastructure players, and PC and Mac OEMs. The company was founded in 1970 and is headquartered in Irvine, California.

Marathon Petroleum Corporation (MPC) gained $1.19 to close the day at a new closing price of $49.12, a 2.48% increase in value from its previous closing price that moved the stock 74.21% above its 52 week low of $29.25. A total of 4.45M shares exchanged hands during the day compared with its three month average trading volume of 6.12M. The stock, which fluctuated between $47.39 and $49.13 during the day, currently situated -10.02% below its 52 week high. The stock is down by -0.69% in the past one month and up by 16.26% over the past three months. With a one year target estimate of $62.38 and RSI of 50.99, the stock still has upside potential, making it a hold for now.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

Valero Energy Corporation (VLO) had a light trading with around 4.43M shares changing hands compared to its three month average trading volume of 5.07M. The stock traded between $65 and $67.14 before closing at the price of $67.08 with 2.51% change on the day. The San Antonio Texas 78249 based company is currently trading 46.05% above its 52 week low of $46.88 and -6.05% below its 52 week high of $71.4. Both the RSI indicator and target price of 51.87 and $73.09 respectively, lead us to believe that it should be put on hold over the coming weeks.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

 

3 Stocks in Focus: Valero Energy Corporation (VLO), Pepsico, Inc. (PEP), Enterprise Products Partners L.P. (EPD)

Valero Energy Corporation (VLO) fell -0.61% during last trading as the stock lost $-0.4 to finish the day at $65.11 with about 4.28M shares changing hands, compared to its three month average trading volume of 5.06M. The $29.43B market cap company, which fluctuated between $64.91 and $66.12 during the day, currently situated 41.76% above its 52 week low of $46.88 and -8.81% away from its one year high of $71.4. The RSI of 42.23 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

Pepsico, Inc. (PEP) dropped $-0.54 to close the day at a new closing price of $104.57, a -0.51% decrease in value from its previous closing price that moved the stock 12.03% above its 52 week low of $96.09. A total of 4.27M shares exchanged hands during the day compared with its three month average trading volume of 4.39M. The stock, which fluctuated between $104.53 and $105.24 during the day, currently situated -4.37% below its 52 week high. The stock is down by -0.13% in the past one month and down by -1.21% over the past three months. With a one year target estimate of $115.25 and RSI of 57.13, the stock still has upside potential, making it a hold for now.

PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s and Ruffles potato chips; Doritos, Tostitos and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips. The company’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, natural granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, Cap’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes. Its North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under the Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Tropicana Pure Premium, Sierra Mist, and Mug brands; and ready-to-drink tea and coffee, and juices. The company’s Latin America segment provides snack foods under the Doritos, Cheetos, Marias Gamesa, Ruffles, Emperador, Saladitas, Sabritas, Lay’s, Rosquinhas Mabel, and Tostitos brands; cereals and snacks under the Quaker brand; and beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Gatorade, Mirinda, Diet 7UP, Manzanita Sol, and Diet Pepsi brands. Its Europe Sub-Saharan Africa segment offers snack foods under the Lay’s, Walkers, Doritos, Cheetos, and Ruffles brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Pepsi Max, Mirinda, Diet Pepsi, and Tropicana brands; ready-to-drink tea products; and dairy products under the Chudo, Agusha, and Domik v Derevne brands. The company’s Asia, Middle East and North Africa segment provides snack foods under the Lay’s, Kurkure, Chipsy, Doritos, Cheetos, and Crunchy brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, Mirinda, 7UP, Mountain Dew, Aquafina, and Tropicana brands; and tea products. The company was founded in 1898 and is headquartered in Purchase, New York.

Enterprise Products Partners L.P. (EPD) had a light trading with around 4.27M shares changing hands compared to its three month average trading volume of 5.17M. The stock traded between $28.4 and $28.82 before closing at the price of $28.76 with 0.24% change on the day. The Houston Texas 77002 based company is currently trading 46.44% above its 52 week low of $19.64 and -4.93% below its 52 week high of $30.25. Both the RSI indicator and target price of 62.01 and $32.65 respectively, lead us to believe that it should be put on hold over the coming weeks.

Enterprise Products Partners L.P., a master limited partnership, provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services segments. The NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, as well as NGL export docks and related services. It operates approximately 19,500 miles of NGL pipelines; NGL and related product storage facilities; 15 NGL fractionators; and a liquefied petroleum gas export terminal and NGL import facility. The Crude Oil Pipelines & Services segment operates approximately 5,400 miles of crude oil pipelines and related operations; and crude oil storage and marine terminals located in Oklahoma and Texas, as well as a fleet of 478 tractor-trailer tank trucks used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates approximately 19,100 miles of natural gas pipeline systems to gather and transport natural gas in Colorado, Louisiana, New Mexico, Texas, and Wyoming. It leases underground salt dome natural gas storage facilities in Texas and Louisiana; owns an underground salt dome storage cavern in Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related operations, including 674 miles of pipelines; butane isomerization complex, associated deisobutanizer units, and related pipeline assets; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines of approximately 4,200 miles; and terminals, as well as provides refined products marketing and marine transportation services. The company was founded in 1968 and is based in Houston, Texas.

 

Stocks Under Consideration: MGM Resorts International (MGM), Emerson Electric Co. (EMR), Valero Energy Corporation (VLO)

MGM Resorts International (MGM) grew with the stock adding 0.84% or $0.24 to close at $28.8 on light trading volume of 6.2M compared its three months average trading volume of 7.71M. The Las Vegas Nevada 89109 based company operating under the Resorts & Casinos industry has been trending up for the last 52 weeks, with the shares price now 55.26% up for the period and down by -0.1% so far this year. With price target of $34.5 and a 78% rebound from 52-week low, MGM Resorts International has plenty of upside potential, making it a hold with a view buy.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company operates through two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 12 wholly owned resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

Emerson Electric Co. (EMR) had a active trading with around 6.2M shares changing hands compared to its three month average trading volume of 3.58M. The stock traded between $58.42 and $59.12 before closing at the price of $58.88 with 0.17% change on the day. The St. Louis Missouri 63136 based company is currently trading 36.6% above its 52 week low of $44.62 and -3.36% below its 52 week high of $60.93. Both the RSI indicator and target price of  and $54.48 respectively, lead us to believe that it could rise over the coming weeks.

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

Valero Energy Corporation (VLO) saw its value increase by 0.08% as the stock gained $0.05 to finish the day at a closing price of $65.42. The stock was higher in trading and has fluctuated between $46.88-$71.4 per share for the past year. The shares, which traded within a range of $64.62 to $66.08 during the day, are up by 11% in the past three months and up by 22.05% over the past six months. It is currently trading -2.13% below its 20 day moving average and -1.66% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $73.84 a share over the next twelve months. The current relative strength index (RSI) reading is 45.59.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

 

Trader Alert: Valero Energy Corporation (VLO), The Goldman Sachs Group, Inc. (GS), The Hartford Financial Services Group, Inc. (HIG)

Valero Energy Corporation (VLO) retreated with the stock falling -3.62% or $-2.47 to close at $65.76 on light trading volume of 11.66M compared its three months average trading volume of 4.94M. The San Antonio Texas 78249 based company operating under the Oil & Gas Refining & Marketing industry has been trending down for the last 52 weeks, with the shares price now -0.28% down for the period and down by -3.75% so far this year. With price target of $73.84 and a 43.17% rebound from 52-week low, Valero Energy Corporation has plenty of upside potential, making it a hold with a view buy.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

The Goldman Sachs Group, Inc. (GS) dropped $-4.58 to close the day at a new closing price of $229.32, a -1.96% decrease in value from its previous closing price that moved the stock 67.48% above its 52 week low of $138.2. A total of 5.14M shares exchanged hands during the day compared with its three month average trading volume of 4.29M. The stock, which fluctuated between $228.16 and $234.35 during the day, currently situated -7.45% below its 52 week high. The stock is down by -3.72% in the past one month and up by 29.86% over the past three months. With a one year target estimate of $245.84 and RSI of 41.43, the stock still has upside potential, making it a hold for now.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, such as strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, including public offerings and private placements of various securities and other financial instruments, as well as derivative transactions entered into with public and private sector clients. The Institutional Client Services segment is involved in client execution activities related to making markets in interest rate products, credit products, mortgages, currencies, commodities, and equities; and provides securities services, such as financing, securities lending, and other prime brokerage services, as well as markets in and clears client transactions on primary stock, options, and futures exchanges. The Investing & Lending segment invests in and originates longer-term loans to provide financing to clients; and makes investments in debt securities and loans, public and private equity securities, and real estate entities. The Investment Management segment offers investment management products and services; and wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

The Hartford Financial Services Group, Inc. (HIG) shares were down in last trading by -0.51% to $48.71. It experienced lighter than average volume on day. The stock increased in value by almost 1.69% over the past week and grew 2.07% in the past month. It is currently trading 1.57% above its 50 day moving average and 10.38% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.95% decrease in value from its one year high of $49.68. The RSI indicator value of 55.53, lead us to believe that it is a hold for now.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. It operates through six segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds, and Talcott Resolution. The Commercial Lines segment offers workers’ compensation, property, automobile, liability, umbrella, marine, and livestock insurance, as well as customized insurance products and services, including general liability, professional liability, bond, and specialty casualty coverages. The Personal Lines segment provides automobile, homeowners, and personal umbrella coverages to individuals. The Property & Casualty Other Operations segment manages property and casualty insurance. The Group Benefits segment offers group life, accident and disability coverage, and group retiree health to employer groups, associations, and affinity groups; and disability underwriting, administration, claims processing, and reinsurance to other insurers and self-funded employer plans. The Mutual Funds segment provides investment products for retail and retirement accounts; and investment-management and administrative services, such as product design, implementation, and oversight, as well as the runoff of the mutual funds supporting the company’s variable annuity products. The Talcott Resolution segment engages in the U.S. annuity, institutional, and private-placement life insurance businesses. It has a research partnership with UCLA Anderson Forecast to understand the critical economic issue and other trends affecting small business. The Hartford Financial Services Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut.

 

Stocks Trend Analysis: Valero Energy Corporation (VLO), Walgreens Boots Alliance, Inc. (WBA), Xilinx, Inc. (XLNX)

Valero Energy Corporation (VLO) continued its downward trend with the stock declining -0.09% or $-0.06 to close the day at $67.31 on light trading volume of 4.63M shares, compared to its three month average trading volume of 4.97M. The San Antonio Texas 78249 based company has been outperforming the oil & gas refining & marketing group over the past 52 weeks, with the stock gaining 8.65%, compared to the industry which has advanced 12.23% over the same period. With RSI of 52.81, the stock should still continue to rise and get closer to its one year target estimate of $73.84, making it a hold for now.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

Walgreens Boots Alliance, Inc. (WBA) grew with the stock adding 0.28% or $0.23 to close at $81.5 on active trading volume of 4.61M compared its three months average trading volume of 4.41M. The Deerfield Illinois 60015 based company operating under the Drug Stores industry has been trending up for the last 52 weeks, with the shares price now 6.96% up for the period and down by -1.52% so far this year. With price target of $94.35 and a 16.1% rebound from 52-week low, Walgreens Boots Alliance, Inc. has plenty of upside potential, making it a hold with a view buy.

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics. It also provides specialty pharmacy services; and manages in-store clinics. As of August 31, 2016, this segment operated 8,175 retail stores under the Walgreens and Duane Reade brands in the United States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations. The Retail Pharmacy International segment sells prescription drugs; and health, beauty, toiletry, and other consumer products through its pharmacy-led health and beauty stores, as well as through boots.com. It is also involved in optical practice and related contract manufacturing operations. This segment operated 4,673 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 636 optical practices. The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home healthcare supplies and equipment, as well as provides related services to pharmacies and other healthcare providers. This segment operates in France, the United Kingdom, Germany, Turkey, Spain, the Netherlands, Egypt, Norway, Romania, the Czech Republic, and Lithuania. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

Xilinx, Inc. (XLNX) managed to rebound with the stock climbing 1.95% or $1.12 to close the day at $58.49 on higher than average trading volume of 4.53M shares, compared to its three month average trading volume of 2.89M. The San Jose California 95124 based company has been outperforming the semiconductor – integrated circuits companies by 17.0003% for last three months and its recent gains have offset losses to -3.11% YTD, versus the semiconductor – integrated circuits industry which is up 7.55% for the same period. The RSI of 52.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP). The company also offers development boards; development kits, including hardware, design tools, IP, and reference designs that are designed to streamline and accelerate the development of domain-specific and market-specific applications; and configuration products, such as one-time programmable and in-system programmable storage devices to configure field programmable gate arrays. In addition, it provides design services, customer training, field engineering, and technical support. The company offers its products to electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement. Xilinx, Inc. sells its products through a network of independent distributors; and through direct sales to original equipment manufacturers and electronic manufacturing service providers by a network of independent sales representative firms and by a direct sales management organization. The company was founded in 1984 and is headquartered in San Jose, California.

 

Momentum Stocks: Valero Energy Corporation (VLO), Plains All American Pipeline, L.P. (PAA), Activision Blizzard, Inc. (ATVI)

Valero Energy Corporation (VLO) grew with the stock adding 0.69% or $0.47 to close at $68.33 on light trading volume of 4.61M compared its three months average trading volume of 5.07M. The San Antonio Texas 78249 based company operating under the Oil & Gas Refining & Marketing industry has been trending up for the last 52 weeks, with the shares price now 5.13% up for the period and up by 0.01% so far this year. With price target of $73.41 and a 48.77% rebound from 52-week low, Valero Energy Corporation has plenty of upside potential, making it a hold with a view buy.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

Plains All American Pipeline, L.P. (PAA) had a active trading with around 4.55M shares changing hands compared to its three month average trading volume of 2.42M. The stock traded between $31.21 and $32.16 before closing at the price of $31.47 with -2.12% change on the day. The Houston Texas 77002 based company is currently trading 128.05% above its 52 week low of $14.82 and -7.3% below its 52 week high of $33.95. Both the RSI indicator and target price of  and $33.4 respectively, lead us to believe that it could rise over the coming weeks.

Plains All American Pipeline, L.P., through with its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. Its Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2015, this segment owned and leased 18,100 miles of active crude oil and NGL pipelines and gathering systems; 30 million barrels of active and above-ground tank capacity; 830 trailers; 142 transport and storage barges; and 64 transport tugs. The company’s Facilities segment provides storage, terminalling, and throughput services for crude oil, refined products, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2015, it owned and operated approximately 80 million barrels of crude oil and refined products storage capacity; 25 million barrels of NGL storage capacity; 97 billion cubic feet of natural gas storage working capacity; 31 billion cubic feet of base gas; 10 natural gas processing plants; 1 condensate processing facility; 7 fractionation plants; 28 crude oil and NGL rail terminals; 6 marine facilities; and 1,100 miles of active pipelines. Its Supply and Logistics segment purchases crude oil at the wellhead, pipeline, terminal, and rail facilities; purchases cargos at load port and various locations in transit; stores inventory, and NGL and natural gas; purchases NGL; resells or exchanges crude oil and NGL; transports crude oil and NGL on trucks, barges, railcars, pipelines, and ocean-going vessels; and purchases and sells natural gas. As of December 31, 2015, it owned 13 million barrels of crude oil and NGL linefill; 5 million barrels of crude oil and NGL linefill; 990 trucks and 1,100 trailers; and 10,100 crude oil and NGL railcars. The company was founded in 1998 and is headquartered in Houston, Texas.

Activision Blizzard, Inc. (ATVI) saw its value increase by 1.18% as the stock gained $0.46 to finish the day at a closing price of $39.56. The stock was lighter in trading and has fluctuated between $26.49-$45.55 per share for the past year. The shares, which traded within a range of $39.12 to $39.59 during the day, are down by -13% in the past three months and down by -4.81% over the past six months. It is currently trading 4.28% above its 20 day moving average and 5.21% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $48.36 a share over the next twelve months. The current relative strength index (RSI) reading is 66.13.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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

 

Stocks Under Review: Valero Energy Corporation (VLO), Ares Capital Corporation (ARCC), Callon Petroleum Company (CPE)

Valero Energy Corporation (VLO) continued its upward trend with the stock climbing 2.43% or $1.61 to close the day at $67.86 on light trading volume of 3.89M shares, compared to its three month average trading volume of 5.1M. The San Antonio Texas 78249 based company has been outperforming the oil & gas refining & marketing group over the past 52 weeks, with the stock gaining 8.53%, compared to the industry which has advanced 14.43% over the same period. With RSI of 55.4, the stock should still continue to rise and get closer to its one year target estimate of $73.41, making it a hold for now.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

Ares Capital Corporation (ARCC) grew with the stock adding 0.71% or $0.12 to close at $16.98 on active trading volume of 3.88M compared its three months average trading volume of 3.03M. The New York New York 10167 based company operating under the Error industry has been trending up for the last 52 weeks, with the shares price now 37.93% up for the period and up by 2.97% so far this year. With price target of $16.97 and a 52.61% rebound from 52-week low, Ares Capital Corporation has plenty of upside potential, making it a hold with a view buy.

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Callon Petroleum Company (CPE) managed to rebound with the stock climbing 0.13% or $0.02 to close the day at $15.05 on lower than average trading volume of 3.88M shares, compared to its three month average trading volume of 5.03M. The Natchez Mississippi 39120 based company has been outperforming the independent oil & gas companies by -0.1195% for last three months and its recent losses have pulled the stock down -2.08% YTD, versus the independent oil & gas industry which is down -0.14% for the same period. The RSI of 41.77 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Callon Petroleum Company, an independent oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2015, the company estimated net proved reserves totaled 54.3 million barrel of oil equivalent. Callon Petroleum Company was founded in 1950 and is headquartered in Natchez, Mississippi.

 

Trader Alert: UnitedHealth Group Incorporated (UNH), Pacific Biosciences of California, Inc. (PACB), Valero Energy Corporation (VLO)

UnitedHealth Group Incorporated (UNH) grew with the stock adding 0.26% or $0.41 to close at $159.07 on active trading volume of 3.99M compared its three months average trading volume of 3.93M. The Minneapolis Minnesota 55343 based company operating under the Health Care Plans industry has been trending up for the last 52 weeks, with the shares price now 41.55% up for the period and down by -0.61% so far this year. With price target of $183.19 and a 48.71% rebound from 52-week low, UnitedHealth Group Incorporated has plenty of upside potential, making it a hold with a view buy.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, individuals, and military service members; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. It also provides services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Children’s Health Insurance Program, and health care programs; and health services, including commercial health and dental benefits. This segment serves through a network of 1 million physicians and other health care professionals, as well as approximately 6,000 hospitals and other facilities. Its OptumHealth segment offers health management services, including care delivery and management, wellness and consumer engagement, distribution, and health financial services. This segment serves individuals through programs offered by employers, payers, government entities, and directly with the care delivery systems. The company’s OptumInsight segment provides software and information products, advisory consulting services, and business process outsourcing and support services to hospitals, physicians, commercial health plans, government agencies, life sciences companies, and other organizations. Its OptumRx segment offers pharmacy care services and programs, including retail pharmacy network management, home delivery and specialty pharmacy, manufacturer rebate contracting and administration, benefit plan design and consultation, claims processing, and clinical program services, such as formulary management and compliance, drug utilization review, and disease and drug therapy management. The company was founded in 1974 and is based in Minnetonka, Minnesota.

Pacific Biosciences of California, Inc. (PACB) gained $0.19 to close the day at a new closing price of $4.75, a 4.17% increase in value from its previous closing price that moved the stock 26.33% above its 52 week low of $3.76. A total of 4.06M shares exchanged hands during the day compared with its three month average trading volume of 1.67M. The stock, which fluctuated between $4.33 and $4.78 during the day, currently situated -66.02% below its 52 week high. The stock is up by 18.75% in the past one month and down by -46.33% over the past three months. With a one year target estimate of $7.46 and RSI of 43.43, the stock still has upside potential, making it a hold for now.

Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing systems to resolve genetically complex problems. The company’s single molecule real-time (SMRT) sequencing technology enables single molecule real-time detection of biological processes. It offers PacBio RS II and Sequel Systems that conducts, monitors, and analyzes biochemical sequencing reactions. The company also provides consumable products, including sealed and packaged SMRT cells, as well as various reagent kits, such as template preparation, binding, and sequencing kits to run the PacBio RS II or Sequel System. Its customers include research institutions; commercial laboratories; genome centers; clinical, government, and academic institutions; genomics service providers; pharmaceutical companies; and agricultural companies. The company markets its products through a direct sales force in North America and Europe, as well as primarily through distributors in Asia. The company was formerly known as Nanofluidics, Inc. Pacific Biosciences of California, Inc. was founded in 2000 and is headquartered in Menlo Park, California.

Valero Energy Corporation (VLO) shares were up in last trading by 0.02% to $66.25. It experienced lighter than average volume on day. The stock decreased in value by almost -0.21% over the past week and fell -1.95% in the past month. It is currently trading 0.85% above its 50 day moving average and 16.44% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -7.21% decrease in value from its one year high of $71.4. The RSI indicator value of 46.52, lead us to believe that it is a hold for now.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.