KMT, DVA, IPG, MUR, RJF, OGE Expected to Trade Up Short Term
May 10, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top equities trading strategies and these stocks are the most likely to trade Up in the coming weeks. KENNAMETAL INC (NYSE:KMT), DAVITA INC (NYSE:DVA), INTERPUBLIC GROUP OF COS INC (NYSE:IPG), MURPHY OIL CORP (NYSE:MUR), RAYMOND JAMES FINANCIAL INC (NYSE:RJF), OGE ENERGY CORP (NYSE:OGE) are all expected to go Up as Bullish signals have been generated by top equity trading strategies. This trading system is designed to identify high probability reversion to mean trading candidates. It looks to go long immediately following strong sell-offs, and goes short after sharp run ups. Its trades are short term and hone in on the irrational decisions of emotional traders around these extreme moves. The specific technology used to make these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/sw/ot.php The chart below displays the stocks expected to go Up and a suggested stop level to limit any potential trading losses.
Symbol Company Price Price Stop Level KMT KENNAMETAL INC 39.980 $37.00 DVA DAVITA INC 83.800 $2.87 IPG INTERPUBLIC GROUP OF COS INC 11.250 $10.34 MUR MURPHY OIL CORP 70.590 $63.37 RJF RAYMOND JAMES FINANCIAL INC 35.110 $33.95 OGE OGE ENERGY CORP 51.150 $47.96KENNAMETAL INC (NYSE:KMT) - Kennametal Inc. provides tooling, engineered components, and advanced materials consumed in production processes worldwide. The company operates through two segments, Metalworking Solutions and Services Group (MSSG); and Advanced Materials Solutions Group (AMSG). The MSSG segment provides consumable metalcutting tools and tooling systems to manufacturing companies in various industries. It offers metalcutting tools for turning, boring, threading, grooving, milling, and drilling, as well as engineering services. This segments tooling systems consist of a steel toolholder and a cutting tool, such as an indexable inserts and drills made from cemented tungsten carbides, ceramics, cermets, and other hard materials. The AMSG segment engages in the production and sale of cemented tungsten carbide products for use in the mining, highway construction, and engineered applications. Its products include radial bearings used for directional drilling of oil and gas; extruder barrels for plastics manufacturers; turbine blades, burner tips, and tubing for power generation applications; food processors; and other engineered components to service various industrial markets. This segment also provides metallurgical powders to manufacturers of cemented tungsten carbide products; and intermetallic composite ceramic powders and parts for use in the metalized film industry, as well as component design services and on-site application support services. The company markets its products under the Kennametal and Widia brand names. It serves metalworking manufacturers and suppliers in the aerospace, automotive, machine tool, light and heavy machinery, coal mining, highway construction, quarrying, and oil and gas exploration and production industries. The company sells its products through direct sales force; a network of independent distributors and sales agents; and the Internet. Kennametal Inc. was founded in 1938 and is headquartered in Latrobe, Pennsylvania.
DAVITA INC (NYSE:DVA) - DaVita Inc. provides dialysis services for patients suffering from chronic kidney failure, which is known as end stage renal disease (ESRD) in the United States. The company operates kidney dialysis centers, and provides related medical services primarily in dialysis centers and in contracted hospitals. Its services include outpatient dialysis services; hospital inpatient hemodialysis services; and ESRD laboratory services. The company also offers infusion therapy services; DaVita Rx, a pharmacy that provides oral medications to patients with ESRD; vascular access services; disease management services and special needs plans; physician services; and clinical research programs. As of December 31, 2009, it operated or provided administrative services to 1,530 outpatient dialysis centers located in 43 states and the District of Columbia, serving approximately 118,000 patients, as well as provided acute inpatient dialysis services in approximately 720 hospitals. DaVita Inc. was founded in 1994 and is headquartered in Denver, Colorado.
INTERPUBLIC GROUP OF COS INC (NYSE:IPG) - The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. It delivers various services across marketing disciplines and specialties, including advertising, direct marketing, media buying and planning, public relations, events marketing, Internet and search engine marketing, social media marketing, and mobile marketing. The company also offers various diversified services, such as meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. Its global brands include Draftfcb, FutureBrand, GolinHarris International, Initiative, Jack Morton Worldwide, Lowe Worldwide, Magna, McCann Erickson, Momentum, MRM Worldwide, Octagon, R/GA, UM, and Weber Shandwick; and domestic brands comprise Campbell-Ewald, Campbell Mithun, Carmichael Lynch, Hill Holliday, ID Media, Mullen, and The Martin Agency, as well as Deutsch, a Lowe & Partners Company. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. 1961. The Interpublic Group of Companies was founded in 1902 and is headquartered in New York, New York.
MURPHY OIL CORP (NYSE:MUR) - Murphy Oil Corporation engages in the exploration and production of oil and gas properties worldwide. It explores for and produces crude oil, natural gas, natural gas liquids, condensate, and synthetic oil. The company also involves in refining and marketing crude oil and other feedstocks into petroleum products, such as gasoline and distillates. Murphy Oil Corporation has an interest in a Canadian synthetic oil operation; owns two petroleum refineries and one ethanol production facility in the United States; and one refinery in the United Kingdom. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Murphy Oil Corporation was founded in 1950 and is based in El Dorado, Arkansas.
RAYMOND JAMES FINANCIAL INC (NYSE:RJF) - Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, as well as the sale of mutual funds and other investment products in the United States, Canada, and Europe. Its Private Client Group segment provides securities brokerage services, including the sale of equities, mutual funds, fixed income products, and insurance products to their individual clients; and correspondent clearing services to other broker-dealer firms. The companys Capital Markets segment offers securities brokerage, trading, and research services to institutions with a focus on the sale of U.S. and Canadian equities and fixed income products; and manages participation in underwritings, merger and acquisition services, and public finance activities. Raymond James Financials Asset Management segment provides investment portfolio management services, mutual fund management, and trust services, as well as offers fee-based programs for portfolio management services customers. The companys RJ Bank segment offers consumer, residential, and commercial loans, as well as FDIC-insured deposit accounts. Its Emerging Markets segment has interest in joint ventures that operate in securities brokerage, investment banking, and asset management in Turkey and Latin America. The companys Stock Loan/Borrow segment involves in borrowing and lending securities from and to other broker-dealers, financial institutions, and other counterparties, primarily as an intermediary. Raymond James Financials Proprietary Capital segment consists of principal capital and private equity activities, including various direct and third party private equity and merchant banking investments, short-term special situation mezzanine and bridge investments, and private equity funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.
OGE ENERGY CORP (NYSE:OGE) - OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider offering physical delivery and related services for electricity and natural gas primarily in the south central United States. The company generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. It also offers natural gas transportation and storage services, as well as natural gas gathering and processing services. As of December 31, 2009, the company provided electric services to 269 communities in Oklahoma and western Arkansas. As of the above date, it also owned and operated approximately 5,846 miles of intrastate natural gas gathering pipelines in Oklahoma and Texas; approximately 2,181 miles of intrastate natural gas transportation pipelines in Oklahoma and Texas; 2 natural gas storage facilities in Oklahoma; and 8 operating natural gas processing plants. OGE Energy Corp. primarily serves residential, commercial, industrial, oilfield, street light, and public authorities. The company has a joint venture agreement with Electric Transmission America LLC to construct transmission line projects in western Oklahoma. OGE Energy Corp. was founded in 1995 and is based in Oklahoma City, Oklahoma.
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