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Whether you see them or not, energy businesses play a crucial part in our daily activities, from powering our homes and businesses to powering our transportation and industries. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of energy prices and the broader economy, and investors seem to be forecasting a downturn - over the past six months, the industry has pulled back by 3.7%. This drop is a far cry from the S&P 500’s 21.4% ascent.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Sanctions on Russia and Iran are no longer just a headline risk. They are starting to reshape who moves oil, metals and grains around the world, and at what price. When trade routes change, someone has to handle the detours, and that can shift attention to a different set of stocks. This article explains how the latest US law could matter for your portfolio and highlights 3 companies directly exposed to this new trading reality. The three stocks in this article are just a starting sample. The...
Recent third-party headlines about this company, kept separate from Makkler's own editorial coverage and linking out to the publisher. Accuracy is the publisher's responsibility.