Kiss of Death: JPMorgan upgraded global energy stocks overweight . Sector call here.
Dear generalists, put your seatbelts on. While we believe the sector is in a structural up-cycle and oil should normalize higher we expect prices – and by extension, energy equities to trade in a wider range, discounting an effective weighted average cost of capital. Upside risk to oil is $150 per barrel over the near to medium term. Higher for longer energy prices. to $180 per share from $185. Keeps buy rating.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Cramer's top 10 things to watch in the stock market ThursdayInvestors are digesting the latest update from the Federal Reserve Wednesday, including the likelihood of leaving rates higher for longer.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer's top 10 things to watch in the stock market FridayStocks head toward another losing week, while Apple launches iPhone 15.
Source: CNBC - 🏆 12. / 72 Read more »
Here are the 15 stocks Jim Cramer is watching, including 3 recent IPOs and StarbucksHere are some of the tickers on my radar for Thursday, Sept. 21, taken directly from my reporter's notebook.
Source: CNBC - 🏆 12. / 72 Read more »
Here's a rapid-fire update on all 35 stocks in the Club's portfolio, including a new buyJim Cramer ran through all 35 Club stocks during our September Monthly Meeting on Thursday.
Source: CNBC - 🏆 12. / 72 Read more »