Energy is the only negative sector in last month, but four stocks could be a buy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Energy is the only negative sector in last month, but four stocks could be a buy $XLE (via TradingNation)

The group has declined 11% in the past month, the only negativeBut, the energy space isn't a hopeless cause, says"Let's start with crude oil.

This thing has sold off more than 20%, into bear market territory, but there is a lot of support at $49 as you can see in this chart going back to 2016," Baruch said Friday on CNBC's "Baruch is digging in on the exploration and production segment on the belief that crude may be bottoming. He says he's turned bullish on theWithin that ETF, Baruch says a few standout names could be worth a second look.

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:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation What a bunch of Foolishary Hogwash. When did electricity bills become more than a mortgage payment? Out of Control GREED.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Need for Face Masks in China Pushes Auto, Energy Companies to Make ThemChina’s auto makers, the world’s biggest iPhone assembler and even state-owned energy companies are devoting assembly lines to pump out more face masks and other medical supplies as the country scrambles to respond to a coronavirus outbreak that has spread around the world. I wouldn't work in any factory if they didnt provide free masks and gloves. Basic safety. 🙀 They don’t work.
Source: WSJ - 🏆 98. / 63 Read more »