Parabolic SAR Signals Bullish Stocks: $EQR $RCI $CCEP

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Equity Residential Acquires Notch Apartments In Newcastle For $48.86 Million

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Equity Residential (NYSE:EQR) is trading above its Parabolic SAR of $56.17, thus the stock looks bullish. The company has joined the CEO Action for Diversity & Inclusion which is an effort by the company to commit to cultivating inclusivity and diversity in the workplace. This announcement comes at the back of Equity Residential carrying listening sessions to offer opportunities to color employees to share their grievances and experiences annoy societal inequalities and racial injustices in the US.

The company has acquired new Notch Apartments in Newcastle for $48.86 million from Goodman Real Estate. This is an extraordinary move for the company in the Puget Sound region with most of its 38 properties located in downtown Seattle.

Rogers Communications Expands Its 5G Network in 18 Cities In Ontario

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Rogers Communications Inc. (NYSE:RCI) stock is also looking bullish and current it is trading above its Parabolic SAR of $41.04. The company launched a 5G network which is Canda's most reliable and trusted network to 18 new towns and cities across Ontario. Ericsson is powering the Rogers' 5G network that has launched in more than 50 cities across the country and targets over 60 markets by the end of the year.

The company announced a joint agreement with Cable Cable that will see it acquire the locally operated and family-owned company Cable Cable that is based in Fenelon Falls Ontario. Currently, Cable Cable offers television, internet, and home phone services in the City of Kawartha Lakes Region to more than 6,000 businesses and residences.

Coca-Cola European Partners Announce Investment In CuRe Technology

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Another bullish looking stock is Coca-Cola European Partners PLC. (NYSE:CCEP) trading above its Parabolic SAR of $39.25. The company has continued its work of driving a closed-loop system following an investment in upcoming tech to convert waste plastic bottles into new ones with virgin-like properties. This new funding venture supports the partial depolymerization process that is developed by CuRe technology. Although terms of the deal are confidential the plan is to back the startup to accelerate the development of the tech to commercial levels thus enabling CCEP to enhance recycled PET in its packaging.

Also, the company has signed a multiyear agreement with IBM to speed up its strategic transformation into a hybrid cloud.

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