Monday, January 23, 2017

Univar - Chart of the Day

Univar (UNVR) is the Barchart Chart of the Day.  The chemical company has a Trend Spotter buy signal, a Weighted Alpha of 129.00+ and gained 121.76% in the last year.

The Chart of the Day belongs to Univar (UNVR).  I found the chemical stock by using Barchart to sort today's All Time High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled another buy on 1/11 the stock gained 2.97%.

Univar Inc. is a distributor of chemicals and innovative services. The Company offers solvents, resins, pigments, acids, bases, surfactants, glycols, inorganic compounds and alcohols. It also offers transportation and warehousing infrastructure, chemicals and hazardous materials handling services. The Company's operating geographical segments include Univar USA, Univar Canada, Univar Europe and the Middle East as well as Rest of World. It serves coatings and adhesives, food, oil and gas, personal care and pharmaceutical industries. Univar Inc. is headquartered in Downers Grove, Illinois.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 3.73% in the last month
  • Relative Strength Index 69.86%
  • Technical support level at 28.86%
  • Recently traded at 29.45 with a 50 day moving average of 26.51
Fundamental factors:

  • Market Cap $4 billion
  • P/E 55.33
  • Revenue expected to grow 2.30% next year
  • Earnings estimated to increase 378.60% this year, 35.80% next year and continue to compound at an annual rate of 101.76% for the next 5 years
  • Wall Street analysts issued 3 buy and 4 hold recommendations on the stock

MORNING CALL 1/23

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS
Mar E-mini S&Ps (ESH17 -0.22%) are down -0.19% and European stocks are down -0.35% at a 3-week low on concern over the Trump administration's trade policies. President Trump's inauguration speech Friday was construed as negative with very nationalist, protectionist rhetoric that has spurred concerns over global trade. A -1.16% decline in Mar WTI crude oil (CLH17 -1.24%) has also undercut energy producing stocks on signs of increased U.S. crude production after last Friday's data from Baker Hughes showed active U.S. oil rigs rose to the highest in 13-1/2 months. A weaker dollar and uncertainty over the Trump administration’s fiscal and trade plans has boosted safe-haven demand for gold with Feb COMEX gold (GCG17 +0.78%) up +0.64% at a 2-month high. Asian stocks settled mixed: Japan -1.29%, Hong Kong +0.06%, China +0.44%, Taiwan +0.99%, Australia -0.77%, Singapore +0.48%, South Korea +0.23%, India +0.31%. Japanese stocks retreated as exporter companies sold-off after President Trump's inauguration speech Friday boosted global trade concerns. China's Shanghai Composite rose to a 1-1/2 week high on signs of a stronger economy after last Friday's data showed China Q4 GDP grew more than expected.
The dollar index (DXY00 -0.40%) is down -0.29% at a 1-1/2 month low. EUR/USD (^EURUSD) is up +0.25% at a 1-1/2 month high on an upbeat monthly report from the Bundesbank that said Germany's economic growth "clearly gained pace" in Q4. USD/JPY (^USDJPY) is down -0.85%.
Mar 10-year T-note prices (ZNH17 +0.10%) are up +1 tick.
In its monthly report published today, the Bundesbank said Germany's economic growth "clearly gained pace" in Q4 as exports rose "strongly" and as "very strong" factory orders boosted industrial production. The report added that "further positive impulses have come from private consumption" and that inflation could reach "a good 2%" in Jan because of significant increases in prices of oil products.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) USDA weekly grain export inspections.
S&P 500 earnings reports today include: McDonalds (consensus $1.41), Halliburton (0.02), Zions Bancorporation (0.52), Yahoo (0.21).
U.S. IPO's scheduled to price today: none.
Equity conferences: SPE Hydraulic Fracturing Technology Conference on Tue, Hart Energy DUG Marcellus Utica Midstream Conference on Wed-Thu.
OVERNIGHT U.S. STOCK MOVERS
Qualcomm (QCOM -2.42%) was downgraded to 'Neutral' from 'Buy' at Nomura with a 12-month target price of $70.
Verizon (VZ +0.69%) was downgraded to 'Market Perform' from 'Outperform at Wells Fargo Securities.
SunTrust Banks (STI +1.86%) was upgraded to 'Buy' from 'Hold' at Sandler O'Neill with a 12-month target price of $62.
FMC Corp. (FMC +1.63%) was downgraded to 'Neutral' from 'Accumulate' at Seaport Global with a price target of $60.
Schlumberger Ltd (SLB -0.81%) was downgraded to 'Equal-Weight' from 'Overweight' at Stephens.
Rockwell Collins (COL +2.45%) was upgraded to 'Buy' from 'Neutral' at Seaport Global with a price target of $100.
Dish Network (DISH -2.50%) was upgraded to 'Overweight' from 'Equal-Weight' at Morgan Stanley with a price target of $75.
MetLife (MET +0.57%) was upgraded to 'Buy' from 'Hold' at Deutsche Bank.
BB&T (BBT +0.29%) was upgraded to 'Buy' from 'Neutral' at Hilliard Lyons with a 12-month target price of $51.
Merck (MRK +3.65%) will pay $625 million to settle patent-infringement litigation against Bristol-Myers Squibb and Ono Pharmaceutical for infringing on both companies' patents covering use of PD-1 antibodies to treat cancer.
Winnebago Industries (WGO +0.32%) fell over 4% in after-hours trading after it registered 4.56 million shares for holders.
MARKET COMMENTS
Mar E-mini S&Ps (ESH17 -0.22%) this morning are down -4.25 points (-0.19%). Friday's closes: S&P 500 +0.34%, Dow Jones +0.48%, Nasdaq +0.24%. The S&P 500 on Friday closed higher on reduced Chinese economic concerns after China Q4 GDP rose 6.8% y/y, slightly stronger than expectations of 6.67 y/y. There was also strength in energy companies as the price of crude oil rose +2.11%. Stocks were undercut by Fed Chair Yellen's comment that it is "prudent" to gradually raise interest rates over time.
Mar 10-year T-notes (ZNH17 +0.10%) this morning are up +1 tick. Friday's closes: TYH7 +1.50, FVH7 +4.00. Mar 10-year T-notes on Friday recovered from a 2-week low and closed higher on Fed Chair Yellen's comment that economic growth is unlikely to "markedly" pick up in the near term given weak overseas demand. T-notes were also supported by the late slide in stocks which fell back from their best levels in afternoon trade, which spurred short-covering in Treasuries.
The dollar index (DXY00 -0.40%) this morning is down -0.29 (-0.29%) at a 1-1/2 month low. EUR/USD (^EURUSD) is up +0.0027 (+0.25%) at a 1-1/2 month high. USD/JPY (^USDJPY) is down -0.98 (-0.85%). Friday's closes: Dollar index -0.41 (-0.41%), EUR/USD +0.0039 (+0.37%), USD/JPY -0.24 (-0.21%). The dollar index on Friday closed lower on strength in the currencies of the energy-producing countries of Canada and Russia as the price of crude oil rose +2.11%. The dollar was also boosted by Fed Chair Yellen's comment that a gradual pace to rate hikes is "prudent" as economic growth is unlikely to "markedly" pick up in the near term given weak overseas demand.
Mar WTI crude oil prices (CLH17 -1.24%) this morning are down -62 cents (-1.16%) and Mar gasoline (RBH17 -0.82%) is -0.0117 (-0.73%). Friday's closes: Mar crude +1.10 (+2.11%), Mar gasoline +0.0300 (+1.92%). Mar crude oil and gasoline on Friday closed higher on a weaker dollar and on comments from Saudi Arabian Energy Minister Khalid Al-Falih who said there is "very strong" compliance among OPEC and non-OPEC members with output cuts and most producers are exceeding commitments. Crude oil was also boosted by strong Chinese demand after China Dec oil processing rose +1.1% m/m to a record 11.3 million bpd.
GLOBAL EVENT CALENDAR01/23/2017
Monday, Jan 23
US1100 ETUSDA weekly grain export inspections.
Tuesday, Jan 24
US0945 ETJan Markit manufacturing PMI expected +0.2 to 54.5, Dec +0.2 to 54.3.
1000 ETDec existing home sales expected -2.0% to 5.50 million, Nov +0.7% to 5.61 million.
1000 ETJan Richmond Fed manufacturing index expected -2 to 6, Dec +4 to 8.
1300 ETTreasury auctions $26 billion of 2-year T-notes.
1500 ETUSDA Dec Cold Storage.
U.S. STOCK CALENDAR01/23/2017

Company NameCompany TickerTimeEvent DescriptionPeriodEstimate
Halliburton CoHAL US6:50Q4 2016 Earnings ReleaseQ4 20160.02
McDonald's CorpMCD US7:58Q4 2016 Earnings ReleaseQ4 20161.413
Halliburton CoHAL US9:00Q4 2016 Earnings CallQ4 2016
McDonald's CorpMCD US11:00Q4 2016 Earnings CallQ4 2016
Zions BancorporationZION USAft-mktQ4 2016 Earnings ReleaseQ4 20160.522
Yahoo! IncYHOO USAft-mktQ4 2016 Earnings ReleaseQ4 20160.21
Zions BancorporationZION US17:30Q4 2016 Earnings CallQ4 2016

Friday, January 20, 2017

Liberty Broadband Coummunications - Chart of the Day

Liberty Broadband Communications (LBRDA) is the Barchart Chart of the Day.  The cable TV company has a Trend Spotter buy signal, a Weighted Alpha of 61.85+ and gained 64.77% in the last year.

The Chart of the Day belongs to Liberty Broadband Communications (LBRDA).  I found the cable TV stock by using Barchart to sort today's All Time High list first by the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 11/22 the stock gained 12.39%.

Liberty Broadband Corporation, through its subsidiaries, engages in providing digital cable services to residential and commercial customers; and entertainment, information, and communications solutions. It also provides wireless location positioning and related services. Liberty Broadband Corporation is based in Englewood, Colorado.


Liberty Broadband Corporation, through its subsidiaries, engages in providing digital cable services to residential and commercial customers; and entertainment, information, and communications solutions. It also provides wireless location positioning and related services. Liberty Broadband Corporation is based in Englewood, Colorado.

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 7.06% in the last month
  • Relative Strength Index 72.00%
  • Technical support level at 77.39
  • Recently traded at 78.00 with a 50 day moving average of 71.36
Fundmaental factors:
  • Market Cap $2.0 billion
  • Revenue expected to decrease 37.60% this year and another 4.60% next year
  • Earnings estimated to increase 2272.40% this year, decrease 97.30% next year but compound at an annual rate of 2.00% for the next 5 years
  • In spite of lackluster forecasts Wall Street analysts issued 2 strong buy recommendations on the stock.

Thursday, January 19, 2017

Wix.com - Chart of the Day

Wix.Com (WIX) is the Barchart Chart of the Day.  The web based development company has a Trend Spotter buy signal, a Weighted Alpha of 143.53+ and gained 166.24% in the last year.

The Chart of the Day belongs to Wix.Com (WIX).  I found the web based development stock by using Barchart to sort today's All Time High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 1/10 the stock gained 10.62%

Wix.com Ltd. is a cloud-based web development platform. The Company's platform offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms. Wix.com Ltd. is headquartered in Tel Aviv, Israel.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 23.59% in the last month
  • Relative Strength Index 77.29%
  • Technical support level at 51.37
  • Recently traded at 53.90 with a 50 day moving average of 47.18 


Fundamental factors:

  • Market Cap $2.2 billion
  • Revenue expected to grow 41.30% this year and another 32.60% next year
  • Earnings estimated to increase 50.00% this year, an additional 150.00% next year and compound at an annual rate of 3200.00% for the next 5 years
  • Wall Street analysts issued 9 buy and 2 hold recommendations on the stock

MORNING CALL 1/19

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS
Mar E-mini S&Ps (ESH17 -0.08%) are down -0.08% and European stocks are down -0.09% ahead of the results of today's ECB meeting. The ECB is expected to keep its monthly asset purchases at 80 billion euros ($85 billion) until March, and then at 60 billion euros from April to December. The markets will also scour comments from ECB President Draghi about when the central bank may begin to taper QE at his press conference following today's ECB meeting. Metals prices are weaker with Feb COMEX gold (GCG17 -0.76%) down -0.82% and Mar COMEX copper (HGH17 -0.52%) down -0.59% at a 1-week low after comments yesterday from Fed Chair Yellen bolstered interest rate hike expectations when she said the U.S. economy is close to the Fed's objectives of full employment and stable prices. Stock losses were muted as energy producing companies gained with Mar WTI crude oil prices (CLH17 +1.21%) up +0.69% after the API late yesterday reported that U.S. crude stockpiles fell by -5.04 million bbl last week. Asian stocks settled mixed: Japan +0.94%, Hong Kong -0.21%, China -0.38%, Taiwan -0.26%, Australia +0.24%, Singapore +0.27%, South Korea +0.23%, India +0.19%. Chinese stocks were led lower by losses in mining stocks with the slide in metals prices while Japanese stocks moved higher as strength in USD/JPY boosted exporter stocks.
The dollar index (DXY00 +0.15%) is up +0.18%. EUR/USD (^EURUSD) is up +0.32%. USD/JPY (^USDJPY) is down -0.06%.
Mar 10-year T-note prices (ZNH17 -0.34%) are down -13.5 ticks at a 1-week low on continuation of weakness seen late yesterday after comments from Fed Chair Yellen bolstered the prospects for more Fed rate hikes.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) weekly initial unemployment claims (expected +5,000 to 252,000, previous +10,000 to 247,000) and continuing claims (expected -12,000 to 2.075 million, previous -29,000 to 2.087 million), (2) Dec housing starts (expected +8.9% to 1.187 million, Nov 18.7% to 1.090 million), (3) Jan Philadelphia Fed business outlook index (expected -4.9 to 15.1, Dec +11.0 to 19.7), (4) Treasury auctions $13 billion of 10-year TIPS, (5) Fed Chair Janet Yellen speaks to the Stanford Institute for Economic Policy Research, and (6) EIA Weekly Petroleum Status Report.
S&P 500 earnings reports today include: IBM (consensus $4.88), AMEX (0.99), Union Pacific (1.33), PPG Industries (1.18), BB&T (0.74), M&T Bank (2.04), JB Hunt (1.01), KeyCorp (0.29), Bank of NY Mellon (0.77), People's United Financial (0.24), Schlumberger (0.26), Skyworks Solutions (1.58).
U.S. IPO's scheduled to price today: Keane Group (FRAC).
Equity conferences: ACI Future of Polyolefins Summit on Thu.
OVERNIGHT U.S. STOCK MOVERS
Exxon Mobile (XOM -1.24%) was downgraded to 'Sell' from 'Neutral' at UBS with a price target of $77.
Netflx (NFLX +0.28%) jumped over 7% in pre-market trading after it reported 1.93 million net streaming adds, higher than consensus of 1.45 million, and said it added 5.12 million new customers in international markets, above consensus of 3.78 million.
Under Armour (UAA -2.62%) was rated a new 'Buy' at CLSA with a price target of $37.
CSX Corp. (CSX -3.18%) rallied 8% in after-hours trading after the WSJ reported that outgoing CEO Hunter Harrison and activist investor Paul Hilal are finalizing a partnership and are set to target CSX.
Kinder Morgan (KMI -0.49%) fell over 2% in after-hours trading after it reported Q4 revenue of $3.39 billion, below consensus of $3.53 billion.
Mondelex International (MDLZ +0.29%) rose nearly 3% in after-hours trading after Bega Cheese agreed to buy Mondelez's Australian grocery business for A$460 million.
Canadian Pacific Railway (CP -0.45%) lost 1% in after-hours trading after the company accelerated the retirement of CEO Hunter Harrison by about 6 months after he inquired about the possibility of working with other major freight railroads.
Rent-A-Center (RCII +1.39%) tumbled over 12% in after-hours trading after it said preliminary Q4 core comparable sales tumbled 14% and that it will have a Q4 loss per share of -20 cents to -30 cents, much weaker than consensus for EPS of 10 cents.
Zynerba Pharmaceuticals (ZYNE +15.18%) declined nearly 7% in after-hours trading after it announced a proposed public offering of common stock.
Oclaro (OCLR -0.61%) jumped nearly 8% in after-hours trading after it reported preliminary Q2 revenue of $153.5 million-$154 million, better than consensus of $150.5 million.
PTC Inc. (PTC +0.04%) rose over 1% in after-hours trading after it reported Q1 adjusted revenue of $287.2 million, above consensus of $285.6 million.
Heron Therapeutics (HRTX -0.39%) dropped over 3% in after-hours trading after it proposed a $150 million public offering of common stock.
La Quinta Holdings (LQ +1.40%) gained almost 2% in after-hours trading after it said it will pursue plans to separate into two stand-alone publicly traded companies which could involve a spinoff of its real estate assets.
Plexus (PLXS +0.58%) slid over 2% in after-hours trading after it said it sees Q2 revenue of $620 million-$650 million, below consensus of $658.7 million.
EP Energy (EPE -2.79%) dropped nearly 4% in after-hours trading after it was downgraded to 'Sell' from 'Neutral' at UBS.
MARKET COMMENTS
Mar E-mini S&Ps (ESH17 -0.08%) this morning are down -1.75 points (-0.08%). Wednesday's closes: S&P 500 +0.18%, Dow Jones -0.11%, Nasdaq +0.22%. The S&P 500 on Wednesday closed higher on comments from Dallas Fed President Kaplan (voter) who said he's "pretty optimistic" about the 2017 economic outlook. Stocks were also boosted by the +0.8% increase in U.S. Dec industrial production, stronger than expectations of +0.6% and the biggest increase in 2 years. Stocks were undercut by the -2 point decline in the U.S. Jan NAHB housing market index to 67 (weaker than expectations for a decline to 69) and by the +0.2% increase in U.S. Dec manufacturing production (weaker than expectations of +0.4%).
Mar 10-year T-notes (ZNH17 -0.34%) this morning are down -13.5 ticks at a 1-week low. Wednesday's closes: TYH7 -16.50, FVH7 -9.50. Mar 10-year T-notes on Wednesday closed lower on increased inflation expectations that bolster the case for tighter Fed policy after the 10-year T-note breakeven inflation rate rose to a 2-1/3 year high. T-notes were also undercut by comments from Dallas Fed President Kaplan who said that stronger growth and structural reforms "would allow the Fed to more quickly normalize interest rates."
The dollar index (DXY00 +0.15%) this morning is up +0.18 (+0.18%). EUR/USD (^EURUSD) is up +0.0034 (+0.32%). USD/JPY (^USDJPY) is down -0.07 (-0.06%). Wednesday's closes: Dollar index +0.98 (+0.98%), EUR/USD -0.0083 (-0.77%), USD/JPY +2.02 (+1.8%). The dollar index on Wednesday closed higher on comments from Dallas Fed President Kaplan who said he's "pretty optimistic" about the 2017 economic outlook and on comments from Fed Chair Yellen who said the U.S. economy is "close" to the Fed's objectives of full employment and stable prices.
Mar WTI crude oil prices (CLH17 +1.21%) this morning are up +36 cents (+0.69%) and Mar gasoline (RBH17 +0.61%) is +0.0034 (+0.22%). Wednesday's closes: Mar crude -1.37 (-2.57%), Mar gasoline -0.0454 (-2.79%). Mar crude oil and gasoline on Wednesday closed lower with Mar gasoline at a 1-week low. Crude oil prices were undercut by the stronger dollar and by comments from IEA Director Fatih Birol who said that the recent rally in oil prices will trigger a "significant" increase in U.S. shale-oil output.
GLOBAL EVENT CALENDAR01/19/2017
Thursday, Jan 19
US0830 ETWeekly initial unemployment claims expected +5,000 to 252,000, previous +10,000 to 247,000. Weekly continuing claims expected -12,000 to 2.075 million, previous -29,000 to 2.087 million.
0830 ETDec housing starts expected +8.9% to 1.187 million, Nov 18.7% to 1.090 million. Dec building permits expected +1.1% to 1.225 million, Nov -3.8% to 1.212 million.
0830 ETJan Philadelphia Fed business outlook survey expected -4.9 to 15.1, Dec +11.0 to 19.7.
1100 ETEIA Weekly Petroleum Status Report.
1100 ETTreasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating-rate notes (previous $13 billion), 5-year T-notes (previous $34 billion) and 7-year T-notes (previous $28 billion) to be auctioned Jan 24-26.
1300 ETTreasury auctions $13 billion of 10-year TIPS.
2000 ETFed Chair Janet Yellen speaks to the Stanford Institute for Economic Policy Research.
Friday, Jan 20
US0830 ETUSDA weekly Export Sales.
0900 ETPhiladelphia Fed President Patrick Harker (voter) speaks on the economic outlook at an event in New Jersey.
n/aPresident-elect Trumps swearing in ceremony begins.
1300 ETSan Francisco Fed President John Williams (non-voter) delivers closing remarks at the Bay Area Council meeting.
1545 ETSan Francisco Fed President John Williams (non-voter) speaks at the Solano Economic Development Corporations Annual Luncheon meeting.
U.S. STOCK CALENDAR01/19/2017

CompanyTickerTimeEvent DescriptionPeriodEstimate
PPG Industries IncPPG USBef-mktQ4 2016 Earnings ReleaseQ4 20161.182
BB&T CorpBBT USBef-mktQ4 2016 Earnings ReleaseQ4 20160.739
M&T Bank CorpMTB USBef-mktQ4 2016 Earnings ReleaseQ4 20162.036
JB Hunt Transport Services IncJBHT USBef-mktQ4 2016 Earnings ReleaseQ4 20161.01
KeyCorpKEY USBef-mktQ4 2016 Earnings ReleaseQ4 20160.29
Bank of New York Mellon Corp/TheBK US6:30Q4 2016 Earnings ReleaseQ4 20160.772
Union Pacific CorpUNP US7:00Q4 2016 Earnings ReleaseQ4 20161.329
Skyworks Solutions IncSWKS USAft-mktQ1 2017 Earnings ReleaseQ1 20171.582
DR Horton IncDHI USAnnual General Meeting

Wednesday, January 18, 2017

Chemed - Chart of the Day

Chemed (CHE) is the Barchart Chart of the Day.  The hospice care and home service company had a Trend Spotter buy signal, a Weighted Alpha of 27.76+ and gained 19.81% in the last year.

The Chart of the Day belongs to Chemed (CHE).  I found the hospice care and home services stock buy using Barchart to sort today's All Time High list first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more.

Chemed Corporation is the nation's largest provider of end-of-life hospice care services through its VITAS Healthcare Corporation subsidiary. Chemed also maintains a presence in the residential and commercial repair-and-maintenance industry through two subsidiaries. Roto-Rooter is North America's largest provider of plumbing and drain cleaning services. Service America Network Inc. provides major-appliance and heating/air-conditioning repair, maintenance, and replacement services.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 5.24% in the last month
  • Relative Strength Index 76.52%
  • Technical support level at 165.03
  • Recently traded at 168.76 with a 50 day moving average if 154.19
Fundamental factors:
  • Market Cap $2.7 billion
  • P/E 24.20
  • Revenue expected to grow 2.60% this year and another 4.40% next year
  • Earnings estimated to increase 3.70% this year, 7.70% next year and compound at an annual rate of 10.00% for the next 5 years
  • Wall Street analysts issued 1 buy and 1 hold recommendation on this stock