Top Integrated Utility Companies To Own For 2017

PayPal (PYPL) shares rallied 30% from their June low this year to their October all-time high.

Since that time, however, the stock has dropped 13%, returning to a key technical area of support. The integrity of this level will determine the intermediate-term direction of the stock price.

Whether it holds or breaks down, it is presenting a trading opportunity.

The chart shows the move off the low this summer, establishing a five-month uptrend line, which is now merging with the rising 200-day moving average and the horizontal trend line drawn off the August high and the October low. The technical significance of this level is increased by the intersection of these trend lines and the key moving average.

Top Integrated Utility Companies To Own For 2017: Garmin Ltd.(GRMN)

Advisors' Opinion:

• [By Peter Graham]

  A long term performance chart shows shares of supplier Ambarella Inc being a homerun for investors compared�to GoPro Inc��s performance�while�Garmin Ltd (NASDAQ: GRMN), who��s Virb Action Camera intends to compete with GPRO��s offerings, has seen performance perk up a bit:

Top Integrated Utility Companies To Own For 2017: United Technologies Corporation(UTX)

Advisors' Opinion:

• [By Ben Levisohn]

  JPMorgan analyst C. Stephen Tusa and team take a look at valuations among industrial stocks, including General Electric (GE), Honeywell International (HON), Ingersoll-Rand (IR), United Technologies (UTX), and�Danaher (DHR), and find that the sector is “too expensive.” They explain:

• [By Jon C. Ogg]

  United Technologies Corp. (NYSE: UTX), which was not that long ago considered a Honeywell merger partner, closed down 0.17% at $102.08. Its market cap is $85 billion, and its shares have�a 52-week range of $83.39 to $109.83. Earlier Thursday, UTX�said that it was reducing its pension obligations, but it will take a charge in the range of $400 million to $530 million.

• [By Paul Ausick]

  United Technologies Corp. (NYSE: UTX) traded up 1.16% at $103.14. The stock’s 52-week range is $83.39 to $109.83. Volume was about 15% below the daily average of around 3.4 million shares. Airbus today expressed confidence in UTC’s ability to meet engine deliveries for the new A320neo.

• [By Michael K. Farr]

  United Technologies is a diversified industrial company that provides products and services to the building systems and aerospace industries worldwide. The company's aerospace segments target both commercial and government (including both defense and space) customers. The company has a fantastic long-term track record of financial performance, with strong double-digit EPS growth, outstanding cash generation, and a stock price that, until recently, had handily outperformed the market over the long term. Looking forward, there are certainly risks to the outlook, including slowing growth outside the U.S., an aging aerospace cycle, and the continued integration of a new CEO. However, trading at a significant discount to the overall market, we think patient investors will be rewarded. The stock currently trades at an undemanding 14.6 times calendar year 16 estimated EPS with a yield of 2.7 percent. 

Top Integrated Utility Companies To Own For 2017: Nobilis Health Corp.(HLTH)

Advisors' Opinion:

• [By Monica Gerson]

  Nobilis Health Corp (NYSE: HLTH) is expected to report its quarterly earnings at $0.19 per share on revenue of $91.92 million.

  Avid Technology, Inc. (NASDAQ: AVID) is estimated to post its quarterly earnings at $0.36 per share on revenue of $144.02 million.