2 Stock Picks; How to Play Zendesk, Inc. (ZEN), HollyFrontier Corporation (HFC) – GV Times

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The shares of Zendesk, Inc. (NYSE:ZEN) has performed better over the past three months, as it added around 37.39% while it has so far climbed around 90.66% during the course of a year. It went up by $0.87 now trading at $73.27. Their shares witnessed a 93.78% increase from the 52-week low price of $37.81 they recorded on 2018-02-09. Even though it is still -7.62% behind the $78.85 high touched on 2019-02-06. The last few days have been good for the stock, as its price has grew by 8.5% during the week. The stock of ZEN recorded 25.53% uptrend from the beginning of this year till date. The 12-month potential price target for Zendesk, Inc. is set at $71.7. This target means that the stock has an upside potential to increase by -2.14% from the current trading price.

When giving their opinion, around 86.36% of Wall Street analysts, which represents 19 out of 22 rated the stock as a Buy. 3 brokerage firms of the remaining 13.64% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate ZEN shares held by institutional investors represents 96.1% of total shares. 53 institutions entered new Zendesk, Inc. (NYSE:ZEN) positions, 156 added to their existing positions in these shares, 137 lowered their positions, and 37 exited their positions entirely.

Zendesk, Inc. (ZEN) trade volume has increased by 54.1% as around 2,992,171 shares were sold when compared with its 50-day average volume of traded shares which is 1,941,742. At the moment, ZEN is witnessing a uptrend, as it is trading 12.2% above its 20-day SMA, 21.07% above its 50-day SMA, and 22.76% above its 200-day SMA. The company runs an ROE of roughly -31.8%, with financial analysts predicting that their earnings per share growth will be around 26% per annum for the next five year. This will be compared to the -14.8% decrease witnessed over the past five years.

The first technical resistance point for Zendesk, Inc. (NYSE:ZEN) will likely come at $74.51, marking a 1.66% premium to the current level. The second resistance point is at $75.75, about 3.27% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $68.63, the lower end of the range. ZEN’s 14-day MACD is 4.27 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 76.2, which shows that its stock has been overbought. The 20-day historical volatility for the stock stands at 26.71 percent, which is low when compared to that of the 50-day’s 47.47 percent.

The shares of HollyFrontier Corporation (NYSE:HFC) has decreased by -3.05%, and now trading at $54.76 on the Wall Street in the intra-day deal, with their shares traded now around 2,515,766. This is a rise of 297,286 shares over the average 2,218,480 shares that were traded daily over the last three months. The stock that is trading at $54.76 went higher by 29.09% from its 52-week low of $42.42 that it attained back on 2018-03-01. The stock recorded a 52-week high of $83.28 nearly 249 days ago on 2018-06-04.

HFC stock has performed well over the past 30 days, as it added 5.67% while its price climbed by 7.12% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -2.8% over the last week. The stock’s 12-month potential target price is now at $67.36. This means that the stock price might likely increase by 23.01% from its current trading price.5 out of 17 Wall Street analysts which represents 29.41% rated the stock as a buy while the remaining 52.94 rated it as a hold, with 17.65 of analysts rating it as a sell.

HollyFrontier Corporation (NYSE:HFC) has been utilizing an ROE that is roughly 25.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 41.18% per year, following the -19.8% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.41% above its 20-day SMA, 0.39% above its 50-day SMA, and -16.41% below its 200-day SMA. In percentage terms, the aggregate HollyFrontier Corporation shares held by institutional investors is 89.3%. 67 institutions jumped in to acquire HollyFrontier Corporation (HFC) fresh stake, 226 added to their current holdings in these shares, 330 lowered their positions, and 73 left no stake in the company.

The stock’s 9-day MACD is 0.56 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 49.34, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 31.37 percent, which is less when compared to that of the 50-day’s 42.67 percent. On the daily chart, we see that the stock could reach the first level of resistance at $56.56, sporting a 3.18% premium to the current level. The next resistance point is at $58.37, representing nearly 6.18% premium to the current market price of HollyFrontier Corporation (HFC). On the other hand, failure to breach the immediate hurdles can drag it down to $52.67, the lower end of the range.

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