Rich Smith has no position in any of the stocks mentioned.

For example, here are a few popular utility stocks that have taken some of the biggest hits so far: CenterPoint Energy (NYSE: CNP) fell 49.9% in just over a week. Energy companies are increasing dividends and buybacks. Insider buying activity is now at an all-time high and yields on energy companies have jumped to 3.9%, he said. “We believe favorable technicals, improving fundamentals with stabilizing business cycle, and ongoing geopolitical tensions in the Middle East could help redirect flows into this universally hated and cheap sector,” he wrote in a note to clients. We are already seeing signs of an upcoming surge as the coronavirus fears begin to settle down. Another big news item driving the market today was the hot-and-cold progress on stimulus talks.
Your browser is not supported. Renewable energy stocks often trade along with oil on a short-term basis, so it's no surprise that these stocks fell as oil was falling. Energy stocks have taken a hard hit this year. Stocks decline sharply as coronavirus infections surge and stimulus negotiations remain at a stalemate. That's right -- they think these 10 stocks are even better buys. Early this morning, analysts at Credit Suisse raised their price target on Enphase stock from $60 to $89, reports StreetInsider.com.

The experts at Investment U have years of experience in the stock market. To see the immediate selling in the stock on the off chance Hindenburg's report could possibly be on SPAQ is downright scary.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Utility stocks aren’t immune to this volatility, as the past few months have shown.

Oasis … Enbridge may be one of the best Canadian energy stocks to buy right now. Al Monaco, president & CEO of Enbridge, commented on the energy firm’s success in building a diversified energy company to withstand oil price volatility: “Over the last three years we have been focused on building an even more resilient business, which put us in a strong position coming into 2020, pre-COVID.

Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Trade-Ideas LLC identified Weatherford International (WFT) as a "perilous reversal" (up big yesterday but down big today) candidate, Trade-Ideas LLC identified Finisar (FNSR) as a strong and under the radar candidate, Trade-Ideas LLC identified Lancaster Colony (LANC) as a strong and under the radar candidate, Trade-Ideas LLC identified Unit (UNT) as a "perilous reversal" (up big yesterday but down big today) candidate, Trade-Ideas LLC identified RealPage (RP) as a strong and under the radar candidate, Trade-Ideas LLC identified PPL (PPL) as a "roof leaker" (crossing below the 200-day simple moving average on higher than normal relative volume) candidate, Trade-Ideas LLC identified PDC Energy (PDCE) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate, Trade-Ideas LLC identified DaVita HealthCare Partners (DVA) as a "roof leaker" (crossing below the 200-day simple moving average on higher than normal relative volume) candidate, Trade-Ideas LLC identified Eli Lilly and (LLY) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate, Trade-Ideas LLC identified Hannon Armstrong Sustainable Infrastructure (HASI) as a strong and under the radar candidate, Trade-Ideas LLC identified Ctrip.com International (CTRP) as a "storm the castle" (crossing above the 200-day simple moving average on higher than normal relative volume) candidate, Trade-Ideas LLC identified Bristow Group (BRS) as a "perilous reversal" (up big yesterday but down big today) candidate, Trade-Ideas LLC identified NRG Energy (NRG) as a "roof leaker" (crossing below the 200-day simple moving average on higher than normal relative volume) candidate, Trade-Ideas LLC identified Fortuna Silver Mines (FSM) as a "perilous reversal" (up big yesterday but down big today) candidate, Trade-Ideas LLC identified Incyte (INCY) as a "roof leaker" (crossing below the 200-day simple moving average on higher than normal relative volume) candidate, Trade-Ideas LLC identified Ensco (ESV) as a "perilous reversal" (up big yesterday but down big today) candidate, Trade-Ideas LLC identified News (NWSA) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate, Trade-Ideas LLC identified Teekay (TK) as a "perilous reversal" (up big yesterday but down big today) candidate, Trade-Ideas LLC identified Coach (COH) as an unusual social activity candidate, Trade-Ideas LLC identified Noble Corporation (NE) as a "perilous reversal" (up big yesterday but down big today) candidate, © 1996-2018 TheStreet Inc. All rights reserved, Microsoft

Energy stocks, largely abandoned by investors this year even as oil prices have bounced back from their lows, finally could be set for a rebound. Fundamentals is ultimately what will drive the industry forward, not the presidential election or a stimulus package.

The sector looks extremely undervalued as institutional investors have abandoned their positions in energy stocks and systematic funds are shorting oil.

However, this market isn’t anywhere close to normal. The volatile trading comes as shares of renewable energy stocks have had an up-and-down week.

Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. This may seem like a sign that it is still not the right time to invest in energy stocks. Top energy stock: Enbridge offers a high dividend yield. Everything you need to know about the stock market today. The renewable energy industry has been lowering costs and becoming more competitive with fossil fuels for more than a decade, and a stimulus package or even a new president isn't going to change that. Both AES and Southern Company had steady months as well. On the other hand, though, given that Enphase stock has quadrupled over the past year in the face of pessimistic projections, there's plenty of room to fall if Enphase fails to deliver an earnings beat tomorrow. While the SPDR Energy Select Sector Fund (XLE) is down more than 1% on the year compared to the more than 16% gain of the S&P 500, Dubravko Lakos-Bujas, JPMorgan Chase & Co.’s (JPM) chief U.S. equity strategist, recently laid out five major reasons why oil and gas stocks were ready to surge, according to Business Insider. Our NGL processing results were also significantly affected by the lower commodity price environment.”. The current uncertainty is the biggest factor to consider. The early 2020 oil price war and the COVID-19 pandemic drove oil prices to record lows in April and sharply pushed down energy stocks, as represented by the Energy …
Inter Pipeline struggles with low commodity prices Inter Pipeline (TSX:IPL) stock dropped to a … They're coming off a surprisingly good second quarter, and investors will be looking for continued momentum and better margins as demand has seemed to pick up once the pandemic lockdowns ended. Find the product that's right for you.

Let's conquer your financial goals together...faster. If you want to invest in high-dividend energy stocks, Enbridge is probably a great decision.

Three energy exchange-traded funds (ETFs) that may benefit include the SPDR S&P Oil & Gas Exploration Production ETF (XOP), the VanEck Vectors Oil Refiners ETF (CRAK), and the VanEck Vectors Oil Services ETF (OIH). While the roller coaster is still in motion, it looks as if we’re nearing the end of the ride. That's the bad news. © 2020 The Motley Fool Canada, ULC. See you at the top! While this is a decent energy stock, there may be better investment opportunities on the TSX today. "Oil prices are at/below cash costs." Prior to the COVID-19 crisis, investors traded the energy stock for near a 52-week high of $24 per share. 10 stocks we like better than Enphase Energy, Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.

Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune.

All rights reserved. Everyone felt the decline caused by the novel coronavirus, and there aren’t many signs of it slowing down.

Christian Bayle, president & CEO of Inter Pipeline, had this to say about the company’s performance during this year’s collapse in global oil prices: “Our oil sands transportation business generated strong, consistent financial results and European bulk liquid storage capacity utilization rates climbed to near record levels during the quarter.

I understand I can unsubscribe from these updates at any time. We have also simplified our corporate structure, reduced overhead and successfully executed $30 billion of capital projects.”.

*Stock Advisor returns as of October 20, 2020. Returns as of 10/26/2020.

Valero (VLO) Oil refiners have become surprisingly good energy stocks in recent years.

CRA CERB Alternatives: 2 Must-Know Emergency Payouts, Aphria (TSX:APHA) Stock Plunges: Marijuana Industry in Trouble. As TheFly.com reports, Roth, which rates Enphase as a buy, is predicting "healthy" earnings when Enphase reports its third-quarter financial results.


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