Momentum Stocks: CF Industries Holdings, Inc. (CF), CD International Enterprises, Inc. (CDII), Xerox Corporation (XRX)
CF Industries Holdings, Inc. (CF) grew with the stock adding 0.47% or $0.11 to close at $23.31 on active trading volume of 5.65M compared its three months average trading volume of 5.63M. The Deerfield Illinois 60015 based company operating under the Agricultural Chemicals industry has been trending down for the last 52 weeks, with the shares price now -61.74% down for the period and down by -40.88% so far this year. With price target of $25.61 and a 13.81% rebound from 52-week low, CF Industries Holdings, Inc. has plenty of upside potential, making it a hold with a view buy.
CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.
CD International Enterprises, Inc. (CDII) had a active trading with around 5.65M shares changing hands compared to its three month average trading volume of 5.27M. The stock traded between $0.002 and $0.0031 before closing at the price of $0 with -30% change on the day. The Deerfield Beach Florida 33441 based company is currently trading 0% below its 52 week low of $0.002 and 0% below its 52 week high of $0.05. Both the RSI indicator and target price of and $3 respectively, lead us to believe that it could rise over the coming weeks.
CD International Enterprises, Inc. sources and distributes industrial products in Asia and the Americas. It operates through two segments, Mineral Trading and Consulting. The Mineral Trading segment sources and distributes various industrial commodities, such as iron ore and copper concentrate. The Consulting segment provides business and management consulting services to public and private entities. It offers its consulting services in the areas of general business consulting, Chinese regulatory advice, translation services, formation of entities in the Peoples Republic of China, coordination of professional resources, mergers and acquisitions, strategic alliances and partnerships, advice on effective means of accessing U.S. capital markets, coordination of Sarbanes-Oxley compliance, and corporate asset evaluations. This segment also identifies potential areas of growth; manages and coordinates necessary government approvals and licenses; and provides marketing services, investor relations services, and coordination of the preparation of required SEC filings. The company was formerly known as China Direct Industries, Inc. and changed its name to CD International Enterprises, Inc. in February 2012. CD International Enterprises, Inc. was founded in 2005 and is headquartered in Deerfield Beach, Florida.
Xerox Corporation (XRX) saw its value decrease by -1.12% as the stock dropped $-0.11 to finish the day at a closing price of $9.68. The stock was lighter in trading and has fluctuated between $8.48-$11.39 per share for the past year. The shares, which traded within a range of $9.64 to $9.81 during the day, are up by 7.19% in the past three months and up by 5.32% over the past six months. It is currently trading -2.35% below its 20 day moving average and -0.47% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $11.15 a share over the next twelve months. The current relative strength index (RSI) reading is 44.65.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 companys 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.