Short Sellers Split on Direction for Energy Stocks
Short sellers increased their positions on three of six energy stocks we track while crude oil prices are up by about $2 a barrel over the past month.
Short sellers increased their positions on three of six energy stocks we track while crude oil prices are up by about $2 a barrel over the past month.
One Wall Street firm predicts that the next few years could bring a turnaround for the top companies in the beleaguered energy sector, because the turnaround in oil pricing could be dramatic.
Stocks have retested all-time highs and were indicated to have a marginally higher open on Wednesday ahead of a shortened week for the Thanksgiving break. The S&P 500 was last seen up…
Short interest in oil & gas stocks was mixed in the two-week reporting period that ended November 15. Short sellers have homed in on one particularly likely prospect, however.
24/7 Wall St. has tracked Buffett's top stock holdings and when he makes moves in and out of other positions since its inception.
Short interest in oil and gas stocks increased during the two-week reporting period to October 31.
Monday's top analyst upgrades, downgrades and initiations included Baidu, BellRing, Chegg, Chewy, Cisco Systems, Expedia, Home Depot, Nvidia, Occidental Petroleum, Qualcomm and Tesla.
Merrill Lynch is very positive on three mega-cap energy stocks that offer not only a degree of stability but outstanding dividends. All are rated Buy and make sense for more conservative accounts…
There are good mergers, and there are not so good mergers. The reality is that big mergers often take years to unfold before real verdict can be made over whether they were…
Short sellers moved back into oil and gas companies during the short interest reporting period that ended October 15.
These big oil stocks are at some of the best entry prices in years and could offer solid upside for shareholders in 2020 and beyond.
Thursday's top analyst upgrades, downgrades and initiations included Abbott Laboratories, CSX, IBM, Netflix, Occidental Petroleum, Whiting Petroleum, Amgen, Gilead Sciences, Merck and Pfizer.
These five Raymond James analyst favorite stock picks have substantial upside potential to the price targets and would make solid portfolio additions at current price levels.
Short sellers appear to have lost interest in the exploration and production business. Short interest in the supermajor integrated firms increased, however.
It might seem odd with the lower oil prices and with energy stocks in the tank that one of the industry giants might really want to commit to raising its dividend by…