Baker Hughes Company(NASDAQ:BKR): Geopolitical tensions this year might cause oil prices to rise significantly. Thus, investors should consider bolstering their portfolios by investing in Baker Hughes (BKR), Sunoco (SUN), and Unit Corporation (UNTC) for solid gains in 2024. Read on.
Shell plc(NYSE:SHEL): Given the sustained demand for crude oil and strategic production cutbacks by OPEC+, there s a potential for prolonged elevated oil prices. To seize this opportunity, one could consider adding resilient energy stocks Shell plc (SHEL), NuStar Energy (NS) and Summit Midstream (SMLP) to their portfolio for year-end profits. Read on…
Baker Hughes Company(NASDAQ:BKR): Intensified geopolitical tensions and uncertainties coupled with OPEC+ supply cuts are contributing to potential upward pressure on global oil prices. To leverage this situation, one could invest in sound energy stocks Baker Hughes (BKR), Koninklijke Vopak (VOPKY), and NGL Energy Partners (NGL) for solid returns. Read on…
Energy Transfer LP(NYSE:ET): As the transition to clean energy remains distant and global oil demand hits unprecedented levels, the energy sector s prospects appear promising. Thus, let s analyze leading energy stocks, Energy Transfer (ET) and National Fuel Gas (NFG), to ascertain their potential in the evolving landscape. Continue reading…
The Fed's consecutive rate hikes to control inflation raises the odds of a recession. Despite various macroeconomic headwinds, the Grocery/Big-box Retailers industry has been booming due to the inelastic demand.