This Morning's Technical Outlook on Credit Services Stocks -- SLM Corp., American Express, LendingClub, and Mastercard
22 Dec, 2017, 05:10 ET
NEW YORK, Dec. 22, 2017 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on SLM, AXP, LC, and MA which can be accessed for free by signing up to http://www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com dedicates investors' attention to the Credit Services space, which includes companies that originate, acquire, and service loans to individuals and corporations. Stocks under evaluation this morning are: SLM Corp. (NASDAQ: SLM), American Express Co. (NYSE: AXP), LendingClub Corp. (NYSE: LC), and Mastercard Inc. (NYSE: MA). All you have to do is sign up today for this free limited time offer, click the link below: http://www.wallstequities.com/registration
Newark, Delaware headquartered SLM Corp.'s shares gained 1.61%, closing Thursday's trading session at $11.36. The stock recorded a trading volume of 1.95 million shares. The Company's shares have advanced 7.17% in the last month, 4.22% over the previous three months, and 3.09% since the start of this year. The stock is trading 4.73% above its 50-day moving average and 2.11% above its 200-day moving average. Additionally, shares of SLM Corp., which together with its subsidiaries, operates as a saving, planning, and paying for college company in the US, have a Relative Strength Index (RSI) of 54.36.
On December 07th, 2017, SLM Corp. announced that five high school students from across the US are a lot closer to making college happen after winning a $25,000 scholarship from the Company. The recipients of the 2017 Bridging the Dream Scholarships were Kate Griffith of Pennsylvania, Damian Lee of South Carolina, Jobany Quiterio of Utah, Kylie Rapp of Indiana, and Peter Za of Oregon. Get the full research report on SLM for free by clicking below at: http://www.wallstequities.com/registration/?symbol=SLM
On Thursday, shares in New York headquartered American Express Co. recorded a trading volume of 2.34 million shares. The stock declined 0.01%, ending the day at $98.50. The Company's shares have advanced 4.33% in the past month, 11.43% in the previous three months, and 32.96% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.32% and 14.91%, respectively. Furthermore, shares of American Express, which together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide, have an RSI of 58.19.
On December 13th, 2017, American Express announced plans to host a live audio webcast of its earnings conference call at 5:00 p.m. ET on January 18th, 2018, to discuss Q4 and full-year 2017 financial results. The Company's financial results are scheduled to be announced shortly after the market closes that day. The live audio webcast will be accessible on the Company's Investor Relations website. AXP's complimentary research coverage is a few simple steps away at: http://www.wallstequities.com/registration/?symbol=AXP
San Francisco, California headquartered LendingClub Corp.'s stock finished the day 0.49% higher at $4.11 with a total trading volume of 4.50 million shares. The stock is trading below their 50-day moving average by 15.63%. Shares of the Company, which together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the US, have an RSI of 44.49.
On December 11th, 2017, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $8 a share to $6 a share.
On December 19th, 2017, LendingClub announced that Patty McCord has joined as the newest member of its Board of Directors, effective December 13th, 2017. McCord previously spent 14 years creating the unique and high-performing culture at Netflix. As its Chief Talent Officer, she helped create the now famous Netflix Culture deck, and experimented and cultivated new ways to work. Register for your free research report on LC at: http://www.wallstequities.com/registration/?symbol=LC
Shares in Purchase, New York headquartered Mastercard Inc. ended yesterday's session 0.61% lower at $150.53. The stock recorded a trading volume of 2.62 million shares. The Company's shares have advanced 6.09% over the previous three months and 45.79% since the start of this year. The stock is trading 0.94% and 15.03% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Mastercard, which provides transaction processing and other payment-related products and services in the US and internationally, have an RSI of 51.22.
On December 20th, 2017, Mastercard announced the release of its Q4 and full-year 2017 financial results on February 01st, 2018. The Company will host a conference call at 9:00 a.m. ET that same day to discuss these results. The call can be accessed under the Investor Relations section of the Company's website. Wall St. Equities' downloadable research report on MA available at: http://www.wallstequities.com/registration/?symbol=MA
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