If youre bullish on oil, then Continental Resources (CLR) is the stock for you. I believe the company will likely significantly grow its earnings in 2018 due to higher realized prices and around 20% production growth. Meanwhile the company, which burned cash flows in 2017, will likely report str
Oil prices are coming back to life. Global demand is soaring on the back of booming global GDP growth and oil inventories are plummeting even during winter which is a historically slow period for demand. As oil prices and the cash flow of oil companies rise, oil producers will inevitably return
Our Top Pick for more speculative investors is a biopharmaceutical company that discovers, develops, and commercializes oral antivirals in areas of unmet medical needs in the United States, explains Bill Mathews, editor of The Cheap Investor.
The lead product candidate from Chimerix (CMRX) is brincidofovir (CMX001), a nucleotide analog.
The drug is in Phase III clinical trials....More>>>
Apple (NASDAQ:AAPL) supplier Taiwan Semiconductor Manufacturing(TSMC) will reportedly start producing the A11 chip for the next iPhone family in April, according to a leak from Chinese news outlet Economic Daily News (via MacRumors). The report also indicates that TSMC is targeting a production run of 50 million A11 chips before July, as Apple doesn’t want to run into supply chain issues.
Won’t $0.99 per gallon of gasoline be great? That is what some “experts” predict for the summer of 2016. Maybe it will happen; maybe it won’t. What is for sure is that the price of oil has collapsed over the past year, and many U.S. oil companies have gone out of business.
Treasury yields inched higher Friday, but ended lower on the week as a combination of concerns about geopolitics and uncertainty about President Donald Trumps policy priorities helped to support buying in the perceived safety of government bonds.
On Friday, yields mostly ticked up for a second straight session as the so-called reflation trade was rekindled amid Trumps promise to reveal details....More>>>
U.S. equities are continuing to grind higher on Friday thanks to the resumption of the “Trumpflation” trade spurred by comments from President Trump this week that his tax cut plans would be released within the next few weeks.
The dynamic got an additional lift by his comments about the U.S. dollar’s valuation, which he thinks is too high.
As I’m sure you’re well aware, the Fed raised interest rates by one quarter point yesterday, stating that the economy is doing well.
Now this decision is certainly good news for Wall Street and the big banks, as they’ve been wanting higher interest rates for some time. But Yellen forgot about (or neglected) one particular industry that was already....More>>>
Cemtrex (NASDAQ:CETX) is a small industrials company out of Long Island, NY. You’ve likely never heard of it, but it immediately needs to be on your radar because of its low valuation, high appetite for growth, and positioning in several different, but favorable global markets. This stock is a classic high risk, high reward small-cap with an attractive, yet unrecognized growth profile. Based....More>>>
Two of our favorite U.S. heavyweights – The Boeing Co. (NYSE: BA) and Ford Motor Co. (NYSE: F) – are pushing forward with plans to put factories in China, positioning themselves to be winners in the part of the world where we’ll see the most growth in the decade to come.
The passive vs. active question has raged lately, amid new data showing that index funds (passive investing) deliver better and cheaper. The ever-wise Rick Kahler, who heads Kahler Financial Group in Rapid City, S.D, informs us what the best choice is:
When it comes to investing, it’s a losing proposition to try and be anything better than average. I was recently reminded of this....More>>>
Related USO Technical Alert – September Crude Oil Futures Find Sellers At $42 Area WSJ Asked 13 Investment Banks For Their Oil Outlook: Here's What Was Said Cycle And Trend Review; Putting It All Together (Seeking Alpha)
According to the Wall Street Journal, the Organization of the....More>>>
On Monday, Brazilian state-run oil giant Petrobras (NYSE:PBR) announced its earnings results for the third quarter that ended on September 30. According to the companys press release, Petrobras made a net profit of $81.1M, primarily thanks to the increase in exports, the growth of oil prices and
I'll bet you've made this mistake. And I'll also bet that your kids... and grandkids... are making it right now. I've seen it time and time again. It's one of the quickest ways to lose money in the market. Just as an example, let's say you put a few hundred buc
Shares of the U.S.’ largest oil company Exxon Mobil Corporation (NYSE:XOM) have been hard hit so far this year — losing 15% over the past 8 months. This month, a second-quarter earnings miss and worries about the effects of hurricane Harvey have driven the shares to tra
You can make the argument that the Dow Jones Industrial Average isn’t necessarily the best representation of the entire U.S. economy anymore. That title goes to the S&P 500 Index. But you can’t deny that the 30 Dow Jones stocks are kingpins in their respective indus
Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on August 16, 2017 in New York. Wall Street stocks rose early Wednesday ahead of the release of Federal Reserve meeting minutes expected to shed light on the prosp