Conocophillips
Buy these quality stocks as the market enters treacherous territory, BMO says
It’s time to consider quality and dividend growth stocks, instead of traditional defensives, to deal with greater volatility ahead, according to BMO Capital. The market is coming off its worst day since June 2020, with the S & P 500 dropping more than 4% on Tuesday on the back of hotter-than-expected U.S. inflation data. Stocks […]
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Shares making the most significant moves midday: Kohl’s, Broadcom, Lululemon and far more
Persons wander near a Kohl’s division retail outlet entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Illustrations or photos Look at out the corporations earning the major moves midday: Kohl’s — Shares of the retailer jumped 7.8% soon after a Reuters report that non-public equity organization Oak Road True Estate Funds […]
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Dr. Oz aims to defend the vitality field, which has boosted his nonprofit and Pennsylvania Senate marketing campaign
Dr. Mehmet Oz has championed the oil and gasoline field as he vies to acquire a coveted Senate seat in Pennsylvania. The former Television personality’s vocal help for the vitality company follows a long time of marketplace donations to his nonprofit and then his campaign, in accordance to economical information reviewed by CNBC. Oz also […]
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Occidental Petroleum looks overbought after its rally this year, Goldman Sachs says
It may be time to take some profits in Occidental Petroleum after the stock’s massive rally this year, according to Goldman Sachs. Analyst Neil Mehta downgraded shares of Occidental Petroleum to neutral from buy, saying in a Monday note that its stock jump seems exuberant, especially when compared with peers. Energy names have broadly benefited […]
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Stocks making the biggest moves midday: Uber, DoorDash, Coinbase and more
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the […]
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Stocks making the biggest moves midday: Oil stocks, Ford, Crocs and more
Check out the companies making headlines in midday trading. Ford Motor — Shares of the carmaker dropped 1% and hit a new 52-week low after the company reported a slight increase in new vehicle sales for the second quarter that missed automotive analysts’ expectations. The company said sales rose 1.8% to 483,688 new vehicles in […]
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Buffett keeps buying more Occidental. Here’s the buy the dip case for energy stocks
Energy stocks have come under withering pressure in June amid a broader market rout and mounting recession fears, and Berkshire Hathaway’s Warren Buffett is among those buying the dip. The conglomerate bought an additional $44 million in Occidental stock on June 23, according to a filing with the Securities and Exchange Commission. The purchase brings […]
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These stocks are winning the inflation battle and expanding margins
The highest inflation reading since 1981 left the stock market rattled on Friday and investors scrambling once again to find places where they can hide from these persistent price pressures. There are a few stocks that could fit the bill. CNBC Pro sought to find companies winning the inflation battle. These names expanded profit margins […]
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The profit picture for these rare stocks is brightening while the market is mired in recession fears
As many companies deal with rising costs, slowing demand and ongoing recession fears, a CNBC Pro screen surfaced some bright spots that are actually gaining earnings momentum. Investors have been contending with a steep market sell-off for the past two months as inflation worsened by the Russia-Ukraine conflict increasingly weighs on businesses. This week, traders […]
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Big Oil braces for shareholder revolt over climate plans in proxy voting season
Members of the environmental group Just Stop Oil blockade a BP petrol station in London on April 28, 2022. The activist group is calling for the U.K. government to commit to halting new fossil fuel licensing and production. Kristian Buus | In Pictures | Getty Images LONDON — Some of the world’s largest corporate emitters […]
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