Many investors wouldn’t know it, but this earnings season has actually been pretty good. We’ve heard from big tech, financials and a number of industrials so far. There are still plenty of names left to report though — energy stocks included. While the market is trying to end the month on a high note, it has been a tough run as of late. After all, the S&P 500 neared its low point for the year on Monday. It has got a lot of investors cautious as we tip-toe through the remainder of what’s left on the earnings calendar. So how should you approach these reports? Let’s take a closer look at a few energy stocks as we near earnings...
All three companies will report earnings before the open on Friday, with Exxon Mobil (NYSE:XOM) and its $333 billion market cap being the largest of them all. Chevron (NYSE:CVX) has a similar story to XOM, with shares getting hammered this month as well. Duke Energy (NYSE:DUK) is another big payer, yielding 4.5%, that reports Friday morning. Although much smaller than the behemoths above, this name has been trading pretty well. If not for earnings being on deck, it could set up as a great trade given the charts.
Source: InvestorPlace
Related Articles:
- 8 High-Yielding Mega-Cap Stocks
- Dividend Investors Should Focus On Stocks, Not The Market
- The Secret Ingredient of Dividend Growth Stocks
- Dividend Growth Stocks With A Defined-Benefit Pension
- 4 Higher-Yielding Stocks With A Low Price To Book
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.