Energy stocks have naturally been hit hard by plunging oil prices. More surprisingly, many companies that should benefit from cheap oil have seen their share prices hit hard. Lower oil is also putting pressure on the market and is a major contributing factor to the slide in the S&P 500. If fundamentals take over again, certain stocks could see substantial gains given current valuations. Income investors are still collecting their dividends although speculation about dividend cuts continues to build following the cut at ConocoPhillips (NYSE:COP).
Looking at the field of low oil price losers including energy companies and the broader market, it would be surprising not to find some company shares benefiting from the drop. Surely companies that consume lots of oil should be seeing their stock prices explode as profits take off. Yet the Dow Jones Transportation Index is down 15% since July 31, 2014. Automakers are also typical beneficiaries of oil price declines since cheaper gasoline helps boost sales of higher margin SUVs and pickup trucks. But like the airlines, profits have boomed at the Detroit Three but shares declined leading to valuation compressions at Ford, GM, and Fiat Chrysler.
Source: Seeking Alpha
Related Articles:
- 8 Dividend Stocks With The Right Stuff
- 6 Dividend Stocks Trading at a Double-Digit Discount
- 5 Best U.S. Dividend Growth Stocks
- 5 Low P/E Value-Stocks, Yielding 2% Or Higher
- How Much Money Will You Need To Retire?
Plunging Oil Prices: Are There Any Winners?
Posted by D4L | Sunday, February 28, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.