Eye Catching Stocks: Xerox Corporation (XRX), ARIAD Pharmaceuticals, Inc. (ARIA), Delta Air Lines, Inc. (DAL)

Xerox Corporation (XRX) continued its downward trend with the stock declining -0.86% or $-0.06 to close the day at $6.94 on active trading volume of 14.92M shares, compared to its three month average trading volume of 11.9M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 18.03%, compared to the industry which has advanced 23.68% over the same period. With RSI of 66.84, the stock should still continue to rise and get closer to its one year target estimate of $9.83, making it a hold for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

ARIAD Pharmaceuticals, Inc. (ARIA) climbed 0.04% during last trading as the stock added $0.01 to finish the day at $23.71 with about 14.66M shares changing hands, compared to its three month average trading volume of 10.08M. The $4.49B market cap company, which fluctuated between $23.68 and $23.71 during the day, currently situated 442.56% above its 52 week low of $4.37 and -0.42% away from its one year high of $23.71. The RSI of 90.44 indicates the stock is overbought at the current levels, sell for now.

ARIAD Pharmaceuticals, Inc., an oncology company, engages in the discovery, development, and commercialization of drugs for cancer patients in the United States and internationally. It offers Iclusig (ponatinib), a tyrosine kinase inhibitor (TKI) for the treatment of adult patients with chronic myeloid leukemia (CML), and Philadelphia chromosome-positive acute lymphoblastic leukemia in the United States, the European Union, Australia, Switzerland, Israel, and Canada. The company also develops Brigatinib, an investigational inhibitor of anaplastic lymphoma kinase for the treatment of various patients with a form of non-small cell lung cancer; and AP32788, for treating non-small cell lung cancer and various other solid tumors. It markets and sells Iclusig through specialty pharmacy in the United States. The company has license agreements with Medinol Ltd. to develop and commercialize stents and other medical devices to deliver ridaforolimus. ARIAD Pharmaceuticals, Inc. was founded in 1991 and is headquartered in Cambridge, Massachusetts.

Delta Air Lines, Inc. (DAL) saw its value decrease by -1.07% as the stock dropped $-0.55 to finish the day at a closing price of $50.89. The stock was higher in trading and has fluctuated between $32.6-$52.76 per share for the past year. The shares, which traded within a range of $49.67 to $52 during the day, are up by 30.19% in the past three months and up by 25.44% over the past six months. It is currently trading 1.58% above its 20 day moving average and 5.31% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $59.07 a share over the next twelve months. The current relative strength index (RSI) reading is 58.32. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile, telephone reservations, traditional brick and mortar, and online travel agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 3, 2016, the company operated a fleet of approximately 800 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

 

Stocks To Track: Xerox Corporation (XRX), AK Steel Holding Corporation (AKS), Wells Fargo & Company (WFC)

Xerox Corporation (XRX) climbed 0.86% during last trading as the stock added $0.06 to finish the day at $7.03 with about 18.18M shares changing hands, compared to its three month average trading volume of 11.55M. The $7.24B market cap company, which fluctuated between $7.01 and $7.14 during the day, currently situated 30% above its 52 week low of $6.46 and -3.92% away from its one year high of $11.39. The RSI of 70.9 indicates the stock is overbought at the current levels, sell for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

AK Steel Holding Corporation (AKS) gained $0.74 to close the day at a new closing price of $11.05, a 7.18% increase in value from its previous closing price that moved the stock 573.78% above its 52 week low of $1.64. A total of 18.18M shares exchanged hands during the day compared with its three month average trading volume of 21.11M. The stock, which fluctuated between $10.54 and $11.11 during the day, currently situated -2.99% below its 52 week high. The stock is up by 3.08% in the past one month and up by 127.37% over the past three months. With a one year target estimate of $9.43 and RSI of 62.15, the stock still has upside potential, making it a 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.

Wells Fargo & Company (WFC) had a light trading with around 17.98M shares changing hands compared to its three month average trading volume of 26.69M. The stock traded between $54.26 and $55.18 before closing at the price of $54.62 with 0.7% change on the day. The San Francisco California 94104 based company is currently trading 26.46% above its 52 week low of $43.55 and -5.86% below its 52 week high of $58.02. Both the RSI indicator and target price of 51.49 and $56.17 respectively, lead us to believe that it should be put on hold over the coming weeks.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of February 25, 2015, it operated through approximately 8,700 locations and 12,500 ATMs & offices in 36 countries. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

 

Stocks Buzz: Xerox (XRX), Southwestern Energy (SWN), AK Steel Holding (AKS)

Southwestern Energy Company (SWN) continued its downward trend with the stock declining -4.88% or $-0.5 to close the day at $9.75 on light trading volume of 15.51M shares, compared to its three month average trading volume of 16.48M. The Spring Texas 77389 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 40.29%, compared to the industry which has advanced 43.86% over the same period. With RSI of 38.65, the stock should still continue to rise and get closer to its one year target estimate of $13.69, 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.

AK Steel Holding Corporation (AKS) retreated with the stock falling -3.82% or $-0.41 to close at $10.31 on light trading volume of 15.29M compared its three months average trading volume of 21.17M. The West Chester Ohio 45069 based company operating under the Steel & Iron industry has been trending up for the last 52 weeks, with the shares price now 342.49% up for the period and up by 0.98% so far this year. With price target of $9.43 and a 528.66% rebound from 52-week low, AK Steel Holding Corporation has plenty of upside potential, making it a hold with a view buy.

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.

Xerox Corporation (XRX) continued its downward trend with the stock declining -0.57% or $-0.04 to close the day at $6.97 on higher than average trading volume of 15.21M shares, compared to its three month average trading volume of 11.39M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services companies by 7.7455% for last three months and its recent gains have pushed the stock slightly up 21.22% YTD, versus the information technology services industry which is up 1% for the same period. The RSI of 70.27 indicates the stock is overbought at the current levels, sell for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

 

3 Notable Runners: Xerox Corporation (XRX), Freeport-McMoRan Inc. (FCX), General Electric Company (GE)

Xerox Corporation (XRX) continued its downward trend with the stock declining -1.54% or $-0.11 to close the day at $7.01 on higher than average trading volume of 24.68M shares, compared to its three month average trading volume of 11.08M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services companies by 7.1682% for last three months and its recent gains have pushed the stock slightly up 21.91% YTD, versus the information technology services industry which is up 1.92% for the same period. The RSI of 71.85 indicates the stock is overbought at the current levels, sell for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

Freeport-McMoRan Inc. (FCX) had a light trading with around 24.37M shares changing hands compared to its three month average trading volume of 32.48M. The stock traded between $14.57 and $15 before closing at the price of $14.9 with 1.92% change on the day. The Phoenix Arizona 85004 based company is currently trading 323.3% above its 52 week low of $3.52 and -9.26% below its 52 week high of $16.42. Both the RSI indicator and target price of 60.23 and $13.14 respectively, lead us to believe that it should be put on hold over the coming weeks.

Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The company explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, as well as oil and gas. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo, Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico; oil production facilities onshore and offshore in California; onshore natural gas resources in the Haynesville shale in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore located in South Louisiana. As of December 31, 2015, its consolidated recoverable proven and probable mineral reserves included 99.5 billion pounds of copper, 27.1 million ounces of gold, 3.05 billion pounds of molybdenum, 271.2 million ounces of silver, and 0.87 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 252 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.

General Electric Company (GE) traded within a range of $31.36 to $31.77 after opening the day at $31.58. The company has seen its stock increase in value by 0.03% so far this year. The stock was up close to 0.29% on light volume in last trading session and closed at $31.61 per share. After the recent gain, the stock is currently holding -3.46% below its 52 week high of $33 and 19.39% above its 12-month low of $27.1. The shares are up by over 7.99% in the last three months, and the RSI indicator value of 55.57 is neither bullish nor bearish, tempting investors to stay on the sidelines.

General Electric Company (GE) operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

 

3 Trending Stocks: Macy’s, Inc. (M), Xerox Corporation (XRX), Helix Energy Solutions Group, Inc. (HLX)

Macy’s, Inc. (M) failed to extend gains with the stock declining -13.9% or $-4.98 to close the day at $30.86 on light trading volume of 29.24M shares, compared to its three month average trading volume of 5.98M. The Cincinnati Ohio 45202 based company has been underperforming the department stores group over the past 52 weeks, with the stock losing -11.18%, compared to the industry which has advanced 1.47% over the same period. With RSI of 22.76, the stock should still continue to rise and get closer to its one year target estimate of $43, making it a hold for now.

Macy’s, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications in the United States. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. The company also operates stores that offer a range of women’s, men’s, and children’s apparel; shoes; fashion accessories; housewares; home textiles; intimate apparel; and jewelry. As of November 14, 2016, it operated approximately 870 stores under the Macy’s, Bloomingdales, Bluemercury, Bloomingdale’s Outlet, and Macy’s Backstage brands, as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com. In addition, it operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy’s, Inc. in June 2007. Macy’s, Inc. was founded in 1830 and is based in Cincinnati, Ohio.

Xerox Corporation (XRX) fell -0.42% during last trading as the stock lost $-0.03 to finish the day at $7.12 with about 28.24M shares changing hands, compared to its three month average trading volume of 10.69M. The $7.21B market cap company, which fluctuated between $6.95 and $7.23 during the day, currently situated 31.66% above its 52 week low of $6.46 and -2.69% away from its one year high of $11.39. The RSI of 76.63 indicates the stock is overbought at the current levels, sell for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

Helix Energy Solutions Group, Inc. (HLX) saw its value decrease by -4.02% as the stock dropped $-0.39 to finish the day at a closing price of $9.3. The stock was higher in trading and has fluctuated between $2.6-$11.87 per share for the past year. The shares, which traded within a range of $8.94 to $9.32 during the day, are up by 5.08% in the past three months and up by 30.8% over the past six months. It is currently trading -6.27% below its 20 day moving average and -4.54% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $12.18 a share over the next twelve months. The current relative strength index (RSI) reading is 46.72. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Helix Energy Solutions Group, Inc., together with its subsidiaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. It operates through three segments: Well Intervention, Robotics, and Production Facilities. The company engineers, manages, and conducts well construction, intervention, and abandonment operations in water depths ranging from 200 to 10,000 feet; and operates remotely operated vehicles (ROVs), trenchers, and ROVDrills for offshore construction, maintenance, and well intervention services. It also offers well intervention; intervention engineering; production enhancement; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and life of field support. In addition, the company provides reclamation and remediation services; well plugging and abandonment services; pipeline abandonment services; and site inspections. Further, it engages in the installation of subsea pipelines, flowlines, control umbilicals, manifold assemblies, and risers; burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. Additionally, the company offers oil and natural gas processing services to oil and natural gas companies; and fast response system services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, alternative energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.

 

3 Stocks to Watch For: Xerox Corporation (XRX), Sprint Corporation (S), NVIDIA Corporation (NVDA)

Xerox Corporation (XRX) saw its value increase by 3.77% as the stock gained $0.26 to finish the day at a closing price of $7.15. The stock was higher in trading and has fluctuated between $6.46-$11.39 per share for the past year. The shares, which traded within a range of $6.95 to $7.2 during the day, are up by 11.25% in the past three months and up by 18.38% over the past six months. It is currently trading 18.39% above its 20 day moving average and 16.54% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $10.89 a share over the next twelve months. The current relative strength index (RSI) reading is 77.35.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

Sprint Corporation (S) shares were up in last trading by 2.69% to $8.79. It experienced higher than average volume on day. The stock increased in value by almost 1.15% over the past week and grew 10.15% in the past month. It is currently trading 15.5% above its 50 day moving average and 57.26% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -2.12% decrease in value from its one year high of $8.98. The RSI indicator value of 65.43, lead us to believe that it is a hold for now.

Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates in two segments, Wireless and Wireline. The Wireless segment offers wireless data communication services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; and mobile entertainment applications. It also provides wireless voice communications services that include local and long-distance wireless voice services, as well as voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. In addition, this segment offers voice and data services internationally through roaming arrangements; and customized wireless services to large companies and government agencies, as well as sells wireless devices, broadband devices, connected devices, and accessories to agents and other third-party distributors. The Wireline segment provides wireline voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol (IP), managed network services, Voice over IP, session initiated protocol, and traditional voice services to other communications companies, and targeted business and consumer subscribers, as well as for cable multiple system operators. Sprint Corporation offers its services under the Sprint, Boost Mobile, Virgin Mobile, and Assurance Wireless brands. The company was founded in 1899 and is headquartered in Overland Park, Kansas. Sprint Corporation is a subsidiary of SoftBank Group Corp.

NVIDIA Corporation (NVDA) traded within a range of $101.53 to $105.5 after opening the day at $103.4. The company has seen its stock decrease in value by -2.2% so far this year. The stock was up close to 2.33% on active volume in last trading session and closed at $104.39 per share. After the recent gain, the stock is currently holding -12.96% below its 52 week high of $119.93 and 325.83% above its 12-month low of $24.75. The shares are up by over 53.07% in the last three months, and the RSI indicator value of 57.73 is neither bullish nor bearish, tempting investors to stay on the sidelines.

NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for deep learning, accelerated computing, and general purpose computing; and GRID for cloud-based streaming on gaming devices. The Tegra Processor segment provides processors that integrate a computer onto a single chip under the Tegra brand name; DRIVE automotive computers, which offer supercomputing capabilities; and tablet and portable devices for mobile gaming under the SHIELD name. The company’s products are used in gaming, professional visualization, datacenter, and automotive markets. It sells its products primarily to original equipment manufacturers, original design manufacturers, system builders, motherboard manufacturers, add-in board manufacturers, and retailers/distributors. NVIDIA Corporation was founded in 1993 and is headquartered in Santa Clara, California.

 

Eye Catching Stocks: Groupon, Inc. (GRPN), The Coca-Cola Company (KO), Xerox Corporation (XRX)

Groupon, Inc. (GRPN) continued its downward trend with the stock declining -0.3% or $-0.01 to close the day at $3.32 on light trading volume of 11.48M shares, compared to its three month average trading volume of 13.31M. The Chicago Illinois 60654 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 8.14%, compared to the industry which has advanced 1.76% over the same period. With RSI of 29.73, the stock should still continue to rise and get closer to its one year target estimate of $5.13, making it a hold for now.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. The company was founded in 2008 and is headquartered in Chicago, Illinois. Groupon, Inc. is a subsidiary of The Point, LLC.

The Coca-Cola Company (KO) fell -0.34% during last trading as the stock lost $-0.14 to finish the day at $41.46 with about 11.47M shares changing hands, compared to its three month average trading volume of 13.73M. The $179.42B market cap company, which fluctuated between $41.35 and $41.84 during the day, currently situated 5.05% above its 52 week low of $39.88 and -9.88% away from its one year high of $47.13. The RSI of 50.09 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The company’s still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. The Coca-Cola Company sells its products primarily under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Minute Maid, Georgia, Powerade, Del Valle, Schweppes, Aquarius, Minute Maid Pulpy, Dasani, Simply, Glacéau Vitaminwater, Bonaqua/Bonaqa, Gold Peak, FUZE TEA, Glacéau Smartwater, and Ice Dew brand names. The company offers its beverage products through a network of company-owned or controlled bottling and distribution operators, as well as through independent bottling partners, distributors, wholesalers, and retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.

Xerox Corporation (XRX) saw its value increase by 0.11% as the stock gained $0.01 to finish the day at a closing price of $8.73. The stock was higher in trading and has fluctuated between $8.48-$11.39 per share for the past year. The shares, which traded within a range of $8.7 to $8.8 during the day, are down by -13.09% in the past three months and down by -5.1% over the past six months. It is currently trading -4.58% below its 20 day moving average and -6.28% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $10.89 a share over the next twelve months. The current relative strength index (RSI) reading is 32.91. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

 

Momentum Stocks in Focus: KeyCorp (KEY), Xerox Corporation (XRX), Abbott Laboratories (ABT)

KeyCorp (KEY) failed to extend gains with the stock declining -1.51% or $-0.28 to close the day at $18.26 on active trading volume of 7.02M shares, compared to its three month average trading volume of 16.3M. The Cleveland Ohio 44114 based company has been outperforming the regional – midwest banks group over the past 52 weeks, with the stock gaining 39.63%, compared to the industry which has advanced 28.56% over the same period. With RSI of 63.89, the stock should still continue to rise and get closer to its one year target estimate of $18.58, making it a hold for now.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services. As of December 31, 2015, the company operated 966 retail banking branches and 1,257 automated teller machines in 12 states, as well as a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

Xerox Corporation (XRX) retreated with the stock falling -2.01% or $-0.18 to close at $8.76 on light trading volume of 6.93M compared its three months average trading volume of 9.44M. The Norwalk Connecticut 06856 based company operating under the Information Technology Services industry has been trending down for the last 52 weeks, with the shares price now -15.44% down for the period and down by -14.89% so far this year. With price target of $10.89 and a 6.69% rebound from 52-week low, Xerox Corporation has plenty of upside potential, making it a hold with a view buy.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

Abbott Laboratories (ABT) failed to extend gains with the stock declining -0.98% or $-0.38 to close the day at $38.22 on lower than average trading volume of 6.77M shares, compared to its three month average trading volume of 8.56M. The Abbott Park Illinois 60064 based company has been underperforming the medical appliances & equipment companies by -8.9502% for last three months and its recent losses have pulled the stock down -12.75% YTD, versus the medical appliances & equipment industry which is up 3.91% for the same period. The RSI of 44.26 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Abbott Laboratories manufactures and sells health care products worldwide. The company’s Established Pharmaceutical Products segment offers branded generic pharmaceuticals to treat pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptoms; gynecological disorders; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière’s disease and vestibular vertigo; pain, fever, and inflammation; migraines; anti-infective clarithromycin; and influenza vaccines, as well as to regulate physiological rhythm of the colon. Its Diagnostic Products segment provides immunoassay and clinical chemistry systems; assays used to screen and/or diagnosis cancer, cardiac, drugs of abuse, fertility, infectious diseases, and therapeutic drug monitoring; hematology systems and reagents; diagnostic systems and cartridges; instruments that automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detects and measures infectious agents; genomic-based tests; informatics and automation solutions; and instrument used to identify infection-causing pathogens. The company’s Nutritional Products segment provides pediatric and adult nutritional products, such as prepared infant and follow-on formulas. Its Vascular Products segment offers coronary, endovascular, vessel closure, and structural heart devices to treat vascular disease. The company also provides blood and flash glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes; and medical devices for the eye, such as cataract and LASIK surgery, contact lens care, and dry eye products. It serves retailers, wholesalers, hospitals, health care facilities, laboratories, physicians’ offices, and government agencies. The company has strategic alliance with Fonterra. Abbott Laboratories was founded in 1888 and is headquartered in Abbott Park, Illinois.

 

Stocks Alert: The Williams Companies, Inc. (WMB), Xerox Corporation (XRX), Whiting Petroleum Corporation (WLL)

The Williams Companies, Inc. (WMB) grew with the stock adding 4.16% or $1.26 to close at $31.56 on light trading volume of 5.99M compared its three months average trading volume of 7.01M. The Tulsa Oklahoma 74172 based company operating under the Oil & Gas Pipelines industry has been trending up for the last 52 weeks, with the shares price now 37.17% up for the period and up by 32.95% so far this year. With price target of $33.79 and a 234.32% rebound from 52-week low, The Williams Companies, Inc. has plenty of upside potential, making it a hold with a view buy.

The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates through Williams Partners, Williams NGL (natural gas liquids) & Petchem Services, and Other segments. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area. The company also owns and operates a natural gas pipeline system extending from the San Juan basin in northwestern New Mexico and southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington; gulfstream natural gas pipeline system extending from the Mobile Bay area in Alabama to markets in Florida; and constitution pipeline that would connect its gathering system in Susquehanna County, Pennsylvania to the Iroquois Gas Transmission and Tennessee Gas Pipeline systems in New York. In addition, it provides natural gas gathering, treating, processing, and compression; NGL production, fractionation, storage, marketing, and transportation; deepwater production handling and crude oil transportation; and olefin production services, as well as transports and stores natural gas to local natural gas distribution companies, municipal utilities, direct industrial users, electric power generators, and natural gas marketers and producers. Further, the company extracts, fractionates, treats, stores, and sells ethane/ethylene, propane, propylene, normal butane, isobutene, alky feedstock, and condensate. Additionally, it provides construction management services for third parties. As of December 31, 2015, the company owned and operated approximately 13,600 miles of pipelines. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

Xerox Corporation (XRX) dropped $-0.06 to close the day at a new closing price of $8.95, a -0.67% decrease in value from its previous closing price that moved the stock 9.01% above its 52 week low of $8.48. A total of 5.95M shares exchanged hands during the day compared with its three month average trading volume of 9.5M. The stock, which fluctuated between $8.92 and $9.01 during the day, currently situated -19.44% below its 52 week high. The stock is down by -2.64% in the past one month and down by -8.85% over the past three months. With a one year target estimate of $10.89 and RSI of 38.41, the stock still has upside potential, making it a hold for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

Whiting Petroleum Corporation (WLL) shares were up in last trading by 0.32% to $12.36. It experienced lighter than average volume on day. The stock increased in value by almost 2.83% over the past week and grew 19.65% in the past month. It is currently trading 24.27% above its 50 day moving average and 30.97% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -14.4% decrease in value from its one year high of $14.44. The RSI indicator value of 64.91, 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.

 

Stock’s Trend Analysis Report: General Motors Company (GM), Xerox Corporation (XRX), Staples, Inc. (SPLS)

General Motors Company (GM) fell -2% during last trading as the stock lost $-0.73 to finish the day at $35.69 with about 9.91M shares changing hands, compared to its three month average trading volume of 14.06M. The $54.21B market cap company, which fluctuated between $35.63 and $36.4 during the day, currently situated 40.27% above its 52 week low of $26.69 and -5.43% away from its one year high of $37.74. The RSI of 54.38 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.

Xerox Corporation (XRX) dropped $-0.08 to close the day at a new closing price of $9.01, a -0.88% decrease in value from its previous closing price that moved the stock 9.74% above its 52 week low of $8.48. A total of 9.72M shares exchanged hands during the day compared with its three month average trading volume of 9.43M. The stock, which fluctuated between $8.99 and $9.14 during the day, currently situated -18.9% below its 52 week high. The stock is down by -2.4% in the past one month and down by -7.69% over the past three months. With a one year target estimate of $10.89 and RSI of 40.32, the stock still has upside potential, making it a hold for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

Staples, Inc. (SPLS) had a active trading with around 9.66M shares changing hands compared to its three month average trading volume of 8.45M. The stock traded between $9.17 and $9.74 before closing at the price of $9.26 with -4.54% change on the day. The Framingham Massachusetts 01701 based company is currently trading 29.46% above its 52 week low of $7.24 and -15.23% below its 52 week high of $11.37. Both the RSI indicator and target price of 45.96 and $9.75 respectively, lead us to believe that it should be put on hold over the coming weeks.

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services, as well as technology services. The company sells and delivers office products and services directly to businesses and consumers through its Staples.com and Staples.ca, and Quill.com Websites, as well as through retail stores, and Internet and direct mail catalogs. As of January 30, 2016, it operated approximately 1,907 retail stores; and 104 distribution and fulfillment centers in the United States and internationally. The company was founded in 1985 and is based in Framingham, Massachusetts.