Red Hot Stocks: Eyes On L Brands, Inc. (LB), Intel Corporation (INTC)

The stock of L Brands, Inc. (NYSE:LB) witnessed a 29.01% increase from the 52-week low price of $25.89 it recorded on 2018-09-05. Their shares price went up by $0.38 now trading at $33.4. Even though it is still -88.92% behind the $63.1 high touched on 2017-12-26. The last few days have been rough for the stock, as its price has decreased by -1.12% during the week. It has also performed better over the past three months, as it added around 25.8% while it has so far retreated around -39.6% during the course of a year. The stock of LB recorded -44.54% downtrend from the beginning of this year till date. The 12-month potential price target for L Brands, Inc. is set at $35.7. This target means that the stock has an upside potential to increase by 6.89% from the current trading price.

When giving their opinion, around 29.63% of Wall Street analysts, which represents 8 out of 27 rated the stock as a Buy. 16 brokerage firms of the remaining 59.26% rated the stock as a Hold with 3 analyst rating it as a sell. Overall, the number of aggregate LB shares held by institutional investors represents 75.7% of total shares. 66 institutions entered new L Brands, Inc. (NYSE:LB) positions, 247 added to their existing positions in these shares, 255 lowered their positions, and 90 exited their positions entirely.

L Brands, Inc. (LB) trade volume has increased by 18.58% as around 6,503,154 shares were sold when compared with its 50-day average volume of traded shares which is 5,484,040. At the moment, LB is witnessing a downtrend, as it is trading -1.75% below its 20-day SMA, 4.53% above its 50-day SMA, and -2.62% above its 200-day SMA. The company runs an ROE of roughly -90.4%, with financial analysts predicting that their earnings per share growth will be around 4.02% per annum for the next five year. This will be compared to the 4.2% increase witnessed over the past five years.

The first technical resistance point for L Brands, Inc. (NYSE:LB) will likely come at $34.22, marking a 2.4% premium to the current level. The second resistance point is at $35.03, about 4.65% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $32.09, the lower end of the range. LB’s 14-day MACD is 0.76 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 51.63, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 82.57 percent, which is high when compared to that of the 50-day’s 58.35 percent.

The shares of Intel Corporation (NASDAQ:INTC) has increased by 1.3%, and now trading at $48.37 on the Wall Street in the intra-day deal, with their shares traded now around 31,141,737. This is a rise of 771,036 shares over the average 30,370,701 shares that were traded daily over the last three months. The stock that is trading at $48.37 went higher by 15.06% from its 52-week low of $42.04 that it attained back on 2018-02-09. The stock recorded a 52-week high of $57.6 nearly 186 days ago on 2018-06-04.

INTC stock has performed well over the past 30 days, as it added 0.83% while its price climbed by 4.79% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -1% over the last week. The stock’s 12-month potential target price is now at $54.91. This means that the stock price might likely increase by 13.52% from its current trading price.20 out of 40 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 32.5 rated it as a hold, with 17.5 of analysts rating it as a sell.

Intel Corporation (NASDAQ:INTC) has been utilizing an ROE that is roughly 21.6%, with stock analysts predicting that the company’s EPS for the next five years will go up by 10.23% per year, following the 7.8% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.84% above its 20-day SMA, 3.32% above its 50-day SMA, and -3.03% below its 200-day SMA. In percentage terms, the aggregate Intel Corporation shares held by institutional investors is 68.6%. 83 institutions jumped in to acquire Intel Corporation (INTC) fresh stake, 934 added to their current holdings in these shares, 1151 lowered their positions, and 100 left no stake in the company.

The stock’s 9-day MACD is 0.51 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 52.08, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 34.31 percent, which is less when compared to that of the 50-day’s 36.86 percent. On the daily chart, we see that the stock could reach the first level of resistance at $49, sporting a 1.29% premium to the current level. The next resistance point is at $49.63, representing nearly 2.54% premium to the current market price of Intel Corporation (INTC). On the other hand, failure to breach the immediate hurdles can drag it down to $45.89, the lower end of the range.