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Economy

“Citi Has a Message for Oil Bulls: $60 Oil to Return by 2021”

“Citigroup Inc. has a message to cheer up despairing oil bulls: prices will get back to $60 a barrel before the end of 2021… It will take until late 2021 for global oil consumption to return to the 2019 level… Continue Reading…

Economy

“Soybean futures have been surging on Chinese demand, trade group CEO says buying could continue”

“Global soybean demand has been robust recently, with new American crop sales at record levels, said Jim Sutter, CEO of the U.S. Soybean Export Council. On Tuesday, prices of U.S. soybean futures rose to their highest levels since 2018 after the U.S. Department… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding Over 13%; RBC Says ‘Buy’”

“Energy Transfer LP (ET)… Overall, ET has a Moderate Buy consensus rating, based on 10 reviews evenly split between 5 Buys and 5 Holds. Shares are selling for $5.96, and the average price target of $9.70 suggests it has room for… Continue Reading…

Stocks

“7 Nasdaq Stocks You Need To Buy Before They Bounce Back Up”

“With the sector finally in a correction, it’s time to start loading up on these seven Nasdaq stocks to buy: Avalara (NASDAQ:AVLR) Duck Creek Technologies (NASDAQ:DCT) ZoomInfo (NASDAQ:ZI) Cisco (NASDAQ:CSCO) Datadog (NASDAQ:DDOG) Costco (NASDAQ:COST) Nasdaq (NASDAQ:NDAQ) While there will be some slowdown in this trend as the… Continue Reading…

Business, Economy

“NFL’s Chiefs-Texans 2020 season-opener averaged 19.3 million viewers, down 12% from last year”

“The numbers are out, and the National Football League ratings for its 2020 Kickoff game Thursday attracted an average of 19.3 million viewers for the night, NBC Sports said on Friday. That’s about a 12% drop versus last year’s season… Continue Reading…

Stocks

“9 Energy Stocks With 5%-Plus Dividends”

“Cheniere Energy Partners (ticker: CQP)… Current yield: 7.5% Chevron Corp. (CVX)… Current yield: 6.4% China Petroleum & Chemical Corp. (SNP)… Current yield: 9.9% Delek Logistics Partners (DKL)… Current yield: 11.5% Enbridge (ENB)… Current yield: 7.8% Kinder Morgan (KMI)… Current yield: 7.9% Sunoco (SUN)… Current yield: 13.1% Total SE… Continue Reading…

Stocks

“Samsung shares could rally over 40% to record highs on smartphone rebound and chips, analyst says”

“Samsung shares could rally over 40% in the next year, according to one analyst who sees TV and smartphone sales rebounding sharply in the near-term and a boost in the chip division. SK Kim, analyst at Daiwa Capital Markets, raised his… Continue Reading…

Business

“Mall owners Simon, Brookfield set to rescue JC Penney from bankruptcy in $800 million deal”

“U.S. mall owners Simon Property Group and Brookfield Property Partners are close to finalizing an $800 million deal to rescue the embattled department store chain J.C. Penney from bankruptcy, avoiding a total liquidation and saving about 70,000 jobs and 650 stores, Joshua Sussberg of the… Continue Reading…

Stocks

“7 Undervalued Stocks to Buy Before They’re Blasting Off Again”

“Here are 7 undervalued stocks to buy: Carnival Corporation (NYSE:CCL) ViacomCBS (NASDAQ:VIAC) Enel Americas (NYSE:ENIA) Allstate (NYSE:ALL) Simon Property Group (NYSE:SPG) Wells Fargo (NYSE:WFC) Flowserve (NYSE:FLS) These stocks have favorable valuations from a price-earnings (P/E) ratio measure. They trade at reasonable levels today, but have prospects that… Continue Reading…

Stocks

“Wells Fargo: 3 Stocks That Could Climb Over 50%”

“Houghton Mifflin (HMHC)… Based on all of the above, Warmington rates HMHC an Overweight along with a $5 price target. Should his thesis play out, a potential twelve-month gain of 121% could be in the cards… Gap (GPS)… It should… Continue Reading…