There’s money to be made in the Trump trade, with utilities, energy and financial stocks among those benefiting from the shifting market tides. “If anyone was shorting 2017 thinking Trump is going to cause some crazy volatility, they were wrong,” Jay Woods, chief global strategist at Freedom Capital Markets, tells Investor’s Business Daily’s “Investing with…
Vistra Vistra VST $5.43 3.82% 22% IBD Stock Analysis Short double bottom has high handle with 149.80 buy point. Early entry at 143.41 Composite Rating Industry Group Ranking Emerging Pattern Double Bottom * Not real-time data. All data shown was captured at 2:11PM EST on 11/18/2024. Vistra is the IBD Stock Of The Day for Monday….
Some oil stocks remain strong despite the general market pullback after the postelection rally. Enterprise Products Partners (EPD) and Riley Exploration Permian (REPX) are two energy plays that reached new highs on Friday and both stocks are in or near buy zones. Energy stocks, including oil exploration and drilling names, have rallied since Donald Trump…
Artificial intelligence software maker Palantir Technologies (PLTR) hit another all-time high Friday despite the market’s pullback. It was the seventh new high for Palantir in the last nine trading sessions, and catapulted its stock into the Stock Spotlight list. Energy play Oneok (OKE) also high a fresh high and landed in the Stock Spotlight. Financial…
Energy regulators on Friday rejected an amended interconnection agreement for an Amazon (AMZN) data center with a nuclear power plant run by Talen Energy (TLN). Talen stock sold off Friday night while Constellation Energy (CEG), Vistra (VST) and some other nuclear plays also lost ground. ↑ X NOW PLAYING Palantir Earnings Due As Tech Stocks…
Does the stock market in the final quarter of 2024 belong to the New York Stock Exchange? When you just look at Monday’s action among the major indexes, it’s hard to make this argument. The Nasdaq composite, up almost 0.9% on Monday, exceeded a 0.5% rise by its peer, the NYSE composite index. Megacap techs…
U.S. oil prices moved up to just below $75 per barrel on Friday, nearing an August high, as tensions in the Middle East continue to escalate. Iran’s oil facilities are among Israel’s possible targets as it considers a response to Tuesday’s missile barrage. With oil prices poised to move above a key technical hurdle, a…
S&P 500 component Constellation Energy (CEG) earned several price-target increases Monday following last week’s announcement of a two-decade long contract with Microsoft (MSFT) to provide nuclear power for the tech giant’s data centers. Fellow S&P 500 nuclear power utilities play Vistra (VST) also received a price-target hike. Meanwhile, Oklo (OKLO), the nuclear power startup backed…