An oil and gas processing plant in Louisiana. AFP via Getty Images Like World Wide Wrestling champ Randy Orton, energy stocks came from “outta nowhere” this month to beat the heck out of the rest of the market.
Continue readingStock benchmarks headed slightly lower, but the Nasdaq Composite was buoyant Friday afternoon as rising COVID-19 cases raised doubts about the prospects for the economic recovery, offset partly by progress toward vaccines.
Continue readingPaccar Inc. Shares of Paccar Inc. fell Friday, after BofA Securities analyst Ross Gilardi did an about-face on the truck maker, recommending investors sell on the belief truck stocks could lag in a post-COVID-19 vaccine world. Gilardi said that while Paccar is an “excellent” company with a strong balance sheet, the stock is “a bit […]
Continue readingThe millennial-driven housing boom is just getting under way, and analyst Rohit Seth at Truist said Friday it’s time to buy the stocks of certain home builders ahead of an expected expansion of that boom next year.
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