Investors Eye Top Picks: Starbucks Corporation (SBUX), Weyerhaeuser Company (WY)

The first technical resistance point for Starbucks Corporation (NASDAQ:SBUX) will likely come at $66.95, marking a 0.6% premium to the current level. The second resistance point is at $67.35, about 1.19% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $65.19, the lower end of the range. SBUX’s 14-day MACD is 0.03 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 59.02, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 17.06 percent, which is low when compared to that of the 50-day’s 28.45 percent.

Starbucks Corporation (SBUX) trade volume has increased by 25.42% as around 17,079,838 shares were sold when compared with its 50-day average volume of traded shares which is 13,618,030. At the moment, SBUX is witnessing a downtrend, as it is trading -0.93% below its 20-day SMA, 8.1% above its 50-day SMA, and 17.08% above its 200-day SMA. The company runs an ROE of roughly 115.7%, with financial analysts predicting that their earnings per share growth will be around 11.95% per annum for the next five year. This will be compared to the 261.4% increase witnessed over the past five years.

The last few days have been rough for Starbucks Corporation (NASDAQ:SBUX), as its price has decreased by -0.4% during the week. It has also performed better over the past three months, as it added around 22.76% while it has so far climbed around 12.15% during the course of a year. The price of the stock went down by -$0.1 now trading at $66.55. Their shares witnessed a 40.49% increase from the 52-week low price of $47.37 they recorded on 2018-06-28. Even though it is still -3.65% behind the $68.98 high touched on 2018-11-08. The stock of SBUX recorded 15.88% uptrend from the beginning of this year till date. The 12-month potential price target for Starbucks Corporation is set at $66.32. This target means that the stock has an upside potential to increase by -0.35% from the current trading price.

When giving their opinion, around 51.52% of Wall Street analysts, which represents 17 out of 33 rated the stock as a Buy. 15 brokerage firms of the remaining 45.45% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate SBUX shares held by institutional investors represents 79.5% of total shares. 120 institutions entered new Starbucks Corporation (NASDAQ:SBUX) positions, 630 added to their existing positions in these shares, 820 lowered their positions, and 125 exited their positions entirely.

The shares of Weyerhaeuser Company (NYSE:WY) has increased by 6.45%, and now trading at $26.74 on the Wall Street in the intra-day deal, with their shares traded now around 10,068,048. This is a rise of 5,065,782 shares over the average 5,002,266 shares that were traded daily over the last three months. The stock that is trading at $26.74 went higher by 6.53% from its 52-week low of $25.1 that it attained back on 2018-12-06. The stock recorded a 52-week high of $38.39 nearly 178 days ago on 2018-06-12.

WY stock hasn’t performed well over the past 30 days, as it lost -3.19% while its price plunged by -24.16% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.78% over the last week. The stock’s 12-month potential target price is now at $33.4. This means that the stock price might likely increase by 24.91% from its current trading price.8 out of 11 Wall Street analysts which represents 72.73% rated the stock as a buy while the remaining 27.27 rated it as a hold, with 0 of analysts rating it as a sell.

Weyerhaeuser Company (NYSE:WY) has been utilizing an ROE that is roughly 12.3%, with stock analysts predicting that the company’s EPS for the next five years will go up by 5% per year, following the 7.7% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.05% above its 20-day SMA, -5.23% below its 50-day SMA, and -20.79% below its 200-day SMA. In percentage terms, the aggregate Weyerhaeuser Company shares held by institutional investors is 78.5%. 81 institutions jumped in to acquire Weyerhaeuser Company (WY) fresh stake, 394 added to their current holdings in these shares, 459 lowered their positions, and 78 left no stake in the company.

The stock’s 9-day MACD is -0.34 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 50.99, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 38.22 percent, which is more when compared to that of the 50-day’s 36.25 percent. On the daily chart, we see that the stock could reach the first level of resistance at $27.45, sporting a 2.59% premium to the current level. The next resistance point is at $28.15, representing nearly 5.01% premium to the current market price of Weyerhaeuser Company (WY). On the other hand, failure to breach the immediate hurdles can drag it down to $24.01, the lower end of the range.