Intuit Inc. (INTU) continued its upward trend with the stock climbing 0.37% or $0.44 to close the day at $118.84 on active trading volume of 1.48M shares, compared to its three month average trading volume of 1.17M. The Mountain View California 94043 based company has been outperforming the application software group over the past 52 weeks, with the stock gaining 26.07%, compared to the industry which has advanced 29.41% over the same period. With RSI of 57.52, the stock should still continue to rise and get closer to its one year target estimate of $116.88, making it a hold for now.
Intuit Inc. provides business and financial management solutions for small businesses, consumers, and accounting professionals primarily in the United States and internationally. The company’s Small Business segment provides QuickBooks financial and business management online services, and desktop software; QuickBooks technical support services; financial supplies; and QuickBooks Online Accountant, QuickBooks Accountant Desktop, and QuickBooks Desktop Accountant Plus, as well as the QuickBooks ProAdvisor Program for the accounting professionals. This segment also offers small business payroll products and services, including online payroll offerings, such as Quickbooks Online Payroll and Intuit Online Payroll; desktop payroll offerings comprising QuickBooks Basic Payroll and QuickBooks Enhanced Payroll; and full service payroll offerings, such as Intuit Full Service Payroll and QuickBooks Assisted Payroll. In addition, it provides merchant services, including credit and debit card processing; Web-based transaction processing services for online merchants; online payment services; GoPayment mobile payment processing services; and QuickBooks point of sale solutions. Its Consumer segment provides TurboTax income tax preparation products and services; and electronic tax filing services. The company’s Professional Tax segment offers Lacerte, ProSeries, ProFile, and Intuit Tax Online professional tax products and services; and electronic tax filing services, bank product transmission services, and training services. The company sells its products and services through various sales and distribution channels, including Websites, promotions, call centers, retail locations, and online mobile application stores, as well as through alliance partners, such as banks, credit unions, and other financial institutions. Intuit Inc. was founded in 1983 and is headquartered in Mountain View, California.
Welltower Inc. (HCN) retreated with the stock falling -1.18% or $-0.78 to close at $65.51 on light trading volume of 1.35M compared its three months average trading volume of 2.08M. The Toledo Ohio 43615 based company operating under the REIT – Healthcare Facilities industry has been trending up for the last 52 weeks, with the shares price now 22.97% up for the period and down by -0.82% so far this year. With price target of $69.39 and a 26.54% rebound from 52-week low, Welltower Inc. has plenty of upside potential, making it a hold with a view buy.
Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.
PG&E Corporation (PCG) failed to extend gains with the stock declining -0.58% or $-0.37 to close the day at $63.32 on lower than average trading volume of 2.01M shares, compared to its three month average trading volume of 2.1M. The San Francisco California 94177 based company has been outperforming the electric utilities companies by 9.0801% for last three months and its recent gains have pushed the stock slightly up 4.2% YTD, versus the electric utilities industry which is up 1.73% for the same period. The RSI of 64.76 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California. The company’s electricity distribution network consists of approximately 142,000 circuit miles of distribution lines, 58 transmission switching substations, and 603 distribution substations; and electricity transmission network comprises approximately 18,400 circuit miles of interconnected transmission lines and 91 electric transmission substations. Its natural gas system consists of approximately 42,800 miles of distribution pipelines, approximately 6,700 miles of backbone and local transmission pipelines, and various storage facilities. The company operates various electricity generation facilities, such as nuclear, hydroelectric, fossil fuel-fired, and photovoltaic. PG&E Corporation was founded in 1905 and is headquartered in San Francisco, California.