The Fed is main event of week that includes jobs report, tech earnings
The Federal Reserve’s latest policy announcement will be the main event for investors in the week ahead, as Wall Street looks for clues on the health of the economy and…
Energy, the new momentum trade? Why its strong gains can increase from here
The energy sector has pulled up from behind to overtake nearly every other sector of the market this year and may still have room to advance, according to analysts. Energy…
Energy might be the ‘story of the summer,’ one CIO says
Energy could be a hot trade this summer, according to Robert Schein, chief investment officer at Blanke Schein Wealth Management. A supply crunch perpetuated by geopolitical conflicts and shipping disruptions…
Morgan Stanley says the catch-up trade in energy can continue and names its top picks to play
Oil stocks are finally playing catch up as the energy sector has become one of the best performing sectors of the market this year, according to Morgan Stanley. “An improving…
Morgan Stanley upgrades energy sector, citing ‘compelling valuation’
The energy sector is demonstrating strength with a “compelling valuation” that could set stocks up for a comeback after underperforming the broader market since September, according to Morgan Stanley. Strategists…
Red Sea crisis may lead to tanker shortage, Kuwait Petroleum CEO says
Kuwait Petroleum Corporation Deputy Chairman & CEO Shaikh Nawaf Al-Sabah speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024. Mark Felix | Afp | Getty Images…
These oil stocks could be the next takeover targets in Permian Basin
The oil industry is fighting to cash in on limited land in the resource-rich Permian Basin but the acquisition targets are dwindling after a series of major deals over the…
Money managers pick stocks for 2024 that aren’t the Magnificent Seven
There are plenty of stocks other than the so-called “Magnificent Seven” that are appealing right now, top money managers told CNBC on Thursday. The mega-cap tech stocks that make up…
What investors can expect from crude prices, and how to play it
Better times may be ahead for energy investors after this year’s declines opened major investment opportunities, and oil prices rebound. West Texas Intermediate futures are down about 7% in 2023.…
‘Top conviction call:’ Analysts say time to buy oil, energy stocks
Energy stocks been laggards for much of this year, and were the only sector not to rise in the hot November rally — but some analysts are still bullish. In…