Equities Marking a New High -- Research on Apple, Omnicare, Travelers Cos, and EOG Resources

By PR Newswire,  June 05, 2014, 07:00:00 AM EDT


Editor Note: For more information about this release, please scroll to bottom.

LONDON, June 5, 2014 /PRNewswire/ --

The US markets on Wednesday, June 4, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,737.53, up 0.09% and the NASDAQ Composite closed at 4,251.64, up 0.41%. The S&P 500 finished the session 0.19% higher at 1,927.88. During the trading session, seven out of ten sectors finished on a higher note. Investor-Edge has initiated coverage on the following equities: Apple Inc. (NASDAQ:AAPL), Omnicare Inc. (NYSE:OCR), The Travelers Companies Inc. (NYSE:TRV) and EOG Resources Inc. (NYSE:EOG). Free technical research on AAPL, OCR, TRV and EOG can be downloaded upon signing up at:



http://www.investor-edge.com/3447-register



On Wednesday, Apple Inc.'s stock ended the day at $644.82, up 1.14%, hitting a new 52-week high of $647.89. A total of 11.95 million shares were traded, which was above its three months average volume of 9.80 million shares. The stock vacillated between $636.11 and $647.89 during the session. Over the last one month and the previous three months, Apple Inc.'s shares have surged 8.82% and 21.38%, respectively. Moreover, since the beginning of the year, the company's stock has gained an upside of 14.94%. The S&P 500 Information Technology Sector Index mapped a gain of 0.26% during the session, with the index advancing 3.72% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $570.62 is greater than its 200-day moving average of $533.61. Apple Inc.'s stock traded at a PE ratio of 15.41 and has a Relative Strength Index (RSI) of 76.09. Sign up today to read free research on AAPL at:



http://www.investor-edge.com/3447-AAPL-05Jun2014.pdf



On Wednesday, Omnicare Inc.'s stock oscillated between $64.15 and $66.91, hitting a new 52-week high of $66.91. Shares in the company gained 2.55% to end the session at $65.99. The company's stock reported a trading volume of 3.15 million shares, much above its three months average volume of 1.17 million shares. Shares of the company traded at a PE ratio of 24.33. Omnicare Inc.'s shares have gained 3.84% in the previous three trading sessions, 9.71% in the last one month, and 9.33% on YTD basis. The S&P 500 Health Care Sector Index registered a gain of 0.23% during the session, with the index advancing 3.81% in the last one month. Omnicare Inc.'s stock is trading above its 50-day and 200-day moving averages of $60.38 and $58.69, respectively. Moreover, shares of the company have an RSI of 76.28. Sign up today to read free research on OCR at:



http://www.investor-edge.com/3447-OCR-05Jun2014.pdf



The Travelers Cos. Inc.'s stock gained 1.35% on Wednesday, finishing the day at $94.67, hitting a new 52-week high of $94.75. The stock recorded a trading volume of 2.05 million shares, below its three months average volume of 2.27 million shares. The stock oscillated between $93.13 and $94.75 during the session. Over the last three sessions and past one month, the Travelers Cos. Inc.'s shares have gained 1.31% and 4.03%, respectively. Further, the stock has advanced 4.56% since the start of this year. The S&P 500 Financials Sector Index recorded a gain of 0.32% during the session, with the index advancing 1.87% in the last one month. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $88.95 is above its 200-day moving average of $86.14. Additionally, the stock traded at a PE ratio of 9.36 and has an RSI of 66.53. Sign up today to read free research on TRV at:



http://www.investor-edge.com/3447-TRV-05Jun2014.pdf



On Wednesday, EOG Resources Inc.'s stock edged 0.27% lower, closing the day at $106.37, after hitting a new 52-week high of $106.73. The stock recorded a trading volume of 1.70 million shares, below its three month average volume of 3.67 million shares. Shares of the company traded at a PE ratio of 21.89. EOG Resources Inc.'s shares have gained 0.54% in the previous three trading sessions, 9.59% in the last one month, and 26.75% on YTD basis. The S&P 500 Energy Sector Index edged 0.14% lower during the session, while the index has advanced 1.04% in the last one month. EOG Resources Inc.'s stock is trading above its 50-day and 200-day moving averages of $101.18 and $89.60, respectively. Furthermore, shares of the company have an RSI of 62.43. Sign up today to read free research on EOG at:



http://www.investor-edge.com/3447-EOG-05Jun2014.pdf





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EDITOR'S NOTES:

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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.



2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.



3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.



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SOURCE Investor-Edge



This article appears in: News Headlines

Referenced Stocks: AAPL, EOG, OCR, TRV


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As of 7/28/2014, 04:05 PM