are still yielding 10% and 7% in dividends, respectively, and neither company has announced plans to cut them, Schlossberg said.
As such, investors with longer-term time horizons might want to consider the group at these levels, particularly considering the resilience of energy demand and the possibilities for merger activity if key stocks stay low, Schlossberg said. Bill Baruch, president and founder of Blue Line Capital and Blue Line Futures, agreed with Schlossberg's assessment.
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:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Study says Google market power has grown despite EU order to play fairU.S. tech giant Alphabet Inc's Google has boosted its market power in the three years since EU antitrust enforcers ordered it to stop favouring its own price comparison shopping service, a study of 25 of its rivals showed on Monday.
Source: Reuters - 🏆 2. / 97 Read more »
Here’s how the stock market tends to perform after the first presidential debatesDebates ordinarily don't alter the course of history or end up being major market movers. Could this hotly anticipated tête-à-tête between President Donald... Wed will be blood red .Market green who's care about them. lol, more media hype than WWF wrestling
Source: MarketWatch - 🏆 3. / 97 Read more »