Services' Stocks Technical Commentary -- Fastenal, HD Supply, WESCO Intl., and Arrow Electronics

NEW YORK, July 27, 2016 /PRNewswire/ --

Economic uncertainty continues to take its toll on some firms in the Services sector, but growth opportunities still outweigh the challenges. Today, Stock-Callers.com looks at the following equities to see how they have coped in recent weeks: Fastenal Co. (NASDAQ: FAST), HD Supply Holdings Inc. (NASDAQ: HDS), WESCO International Inc. (NYSE: WCC), and Arrow Electronics Inc. (NYSE: ARW). Learn more about these stocks by accessing their freenotes at:

http://stock-callers.com/registration

Fastenal 

Shares in Winona, Minnesota headquartered Fastenal Co. ended Tuesday's session at $41.98, gaining 0.14%. The stock recorded a trading volume of 3.17 million shares, which was above its three months average volume of 2.80 million shares. The Company's shares advanced 5.10% since the start of this year. The stock is trading 1.06% below its 200-day moving average. Moreover, shares of Fastenal, which together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally, have a Relative Strength Index (RSI) of 37.71.

On July 07th, 2016, research firm Morgan Stanley initiated an 'Equal-Weight' rating, issuing a target price of $46 on the Company's stock.

On July 11th, 2016, Fastenal reported that its board of directors declared a dividend of $0.30 per share to be paid in cash on August 23rd, 2016 to shareholders of record at the close of business on July 26th, 2016. Fastenal began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. See our complete notes on FAST at:

http://stock-callers.com/registration/?symbol=FAST


HD Supply Holdings 

Atlanta, Georgiaheadquartered HD Supply Holdings Inc.'s stock rose 1.44%, closing the day at $36.71 with a total volume of 1.58 million shares traded. The Company's shares have advanced 7.21% in the last month, 5.98% in the previous three months, and 22.24% on an YTD basis. The stock is trading 5.50% and 18.37% above its 50-day and 200-day moving averages, respectively. Additionally, shares of HD Supply Holdings, which operates as an industrial distributor in North America, have an RSI of 60.34.

On June 17th, 2016, HD Supply announced that it has started the development on its new dedicated facility in Atlanta with a groundbreaking ceremony on Monday, June 13th, 2016. The Leadership Development Center, set to debut in early 2018, will serve as a world-class facility, complete with a leader training and customer support center. Nearly 900 associates will be based in the eight-story, 222,500-square-foot building. HDS free notes are just a click away at:


http://stock-callers.com/registration/?symbol=HDS


WESCO Intl. 

On Tuesday, Pittsburgh, Pennsylvania headquartered WESCO International Inc.'s stock recorded a trading volume of 574,887 shares and ended the day 1.91% higher at $54.43. The Company's shares have gained 24.61% since the start of this year and are trading above their 200-day moving average by 9.88%. Furthermore, shares of WESCO International, which distributes electrical, industrial, and communication maintenance, repair, and operating products; and original equipment manufacturers products and construction materials in North America and internationally, have an RSI of 51.45.

On June 24th, 2016, WESCO announced that it will release its Q2 2016 earnings on July 28th, 2016, before the opening of the stock market. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day. Sign up for your complimentary notes on WCC at:

http://stock-callers.com/registration/?symbol=WCC


Arrow Electronics 

Centennial, Colorado-based Arrow Electronics Inc.'s stock rose 0.62%, finishing yesterday's session at $66.16, and with a total volume of 406,048 shares traded. The Company's shares have advanced 4.90% in the last one month, 2.30% over the previous three months, and 22.11% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.23% and 11.83%, respectively. Additionally, shares of Arrow Electronics, which provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide, have an RSI of 61.51.

On July 07th, 2016, Arrow Electronics announced that it will distribute Cypress Semiconductor's newly acquired Internet of Things (IoT) portfolio, comprised of state-of-the-art Wi-Fi, Bluetooth and ZigBee RF technologies capable of connecting nearly every emerging product category in the IoT ecosystem-including home appliances, health and fitness monitors, automation and asset tracking systems, smart meters and an array of consumer electronics devices. Additionally, Arrow Electronics will help Cypress grow its newly acquired Wireless Internet Connectivity for Embedded Devices (WICED™) brand, which supports the development of IoT devices from conception to production by providing forums, development kits and other information for customers. Register for free on Stock-Callers.com and access the latest notes on ARW at:

http://stock-callers.com/registration/?symbol=ARW

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