Fundstrat’s Tom Lee says the ‘entire energy complex is a buy’ as economy roars back

Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. Lucy Nicholson | Reuters Fundstrat Global Advisors co-founder Tom Lee told CNBC on Tuesday that he remains bullish on the energy sector as the U.S. economy recovers from the coronavirus pandemic. “I think the entire energy … Read more

Market bull predicts stocks could surge another 8% by July, but lacks clarity on rest of year

With stocks at all-time highs, one of Wall Street’s biggest bulls is taking his optimism up a notch. Federated Hermes’ Phil Orlando believes the S&P 500 could hit his year-end price target of 4,500 by July, which implies about an 8% gain from current levels. “At the pace the economy is growing and earnings are growing, … Read more

Crude to $100: Trader makes the case for a spike in oil prices

Crude oil prices are on a path to highs not seen since 2014, according to one chart analyst. As the energy sector tracks for its best quarter on record with a year-to-date gain of nearly 40%, there’s “clearly some upside” for oil prices as well, Piper Sandler’s Craig Johnson told CNBC’s “Trading Nation” on Friday. … Read more

Live for today or trade tomorrow? Breaking down the heated stock market battle unfolding right now

The stock market in recent months became a fight between the tomorrow trade and the live-for-today bid, and in the last week it turned messy. The stocks valued on promises for a transformed future have been sold hard in favor of those poised to thrive in today’s spring-loaded economic revival. Yet after last week’s jagged … Read more

JPMorgan’s market guru Kolanovic sees an outsized move in energy stocks ahead

A pumpjack (oil derrick) and oil refinery in Seminole, West Texas. David Sucsy | Getty Images A new commodity supercycle is underway, and there could be big gains ahead for the energy sector, according to Marko Kolanovic, JPMorgan’s head of macro quantitative and derivatives strategy. The firm said that a number of factors could drive … Read more

These stocks with healthy dividends have double-digit upside, analysts say

Traders on the floor of the New York Stock Exchange. Source: The New York Stock Exchange With volatility picking up in the markets, many investors will be drawn to dividend stocks that offer a steadier, more predictable return, and many stocks with healthy payouts are well liked on Wall Street. There are 10 stocks in … Read more

Energy stocks are in the middle of one of their best rallies in nearly 50 years

Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the northwestern side of the San Joaquin Valley on April 24, 2020, near McKittrick, California. George Rose | Getty Images News | Getty Images (This story is for CNBC PRO subscribers only.) Amid the recent rotation … Read more