These stocks growing profits just got cheaper, and analysts love them

Navigating this earnings season has been difficult for many investors, as companies have slashed earnings outlooks for this year citing high inflation that’s increasing costs, inventory issues and economic uncertainty. However, there are some standout names that look relatively cheaper after reporting earnings. These stocks are also loved by analysts. To find them, CNBC Pro … Read more

Analyst picks energy stocks for a recession

Crude prices are tumbling on recession fears, but one analyst remains bullish on oil stocks, saying a downturn is unlikely to dampen demand too much. Dan Pickering, chief investment officer at Pickering Energy Partners, said that some energy sectors had reported strong second-quarter earnings, such as refiners, exploration and production companies, and oilfield services. The … Read more

Energy companies expect record profits again as strained supplies lift oil and gas prices

Energy industry earnings likely more than tripled in the second quarter, as companies hauled in record revenue due to high oil and gas prices. “This quarter is going to be a blowout,” said Stewart Glickman, energy analyst at CFRA. The two biggest US energy companies, Exxon Mobil and Chevron, are reporting on Friday. Analysts say … Read more

Newmont, World Wrestling Entertainment, Ryanair & more

Ryanair planes are seen at Dublin Airport, following the outbreak of the coronavirus disease (COVID-19), Dublin, Ireland. Jason Cairnduff | Reuters Check out the companies making headlines in midday trading Monday. Newmont — Newmont shares tumbled 11.9% after the mining company reported a disappointing second-quarter profit. The company reported earnings of 46 cents per share, … Read more

Goldman Sachs, Delta, Boeing, Tesla and more

David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, US, on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Goldman Sachs – The bank stock jumped 3% after the company posted … Read more

JPMorgan Chase, Goldman Sachs, Conagra Brands and more

Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares of JPMorgan Chase fell nearly 4% and hit a 52-week low after the bank reported … Read more

Invest around the soaring U.S. dollar — finding winners and losers

Stocks of businesses that are focused on the US just might avoid the second-half earnings damage that’s about to be wreaked on their more multinational counterparts by the strongest dollar in 20 years. To some extent, it has already happened. Since the start of the year, US stocks with the highest domestic sales exposure have … Read more

GameStop, Virgin Galactic & more

Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading. GameStop – Shares of the video game retailer jumped more than 8% after the company said a 4-for-1 stock split was approved … Read more

Quarterly investment guide 3Q 2022: Global energy outlook

The energy sector has been a rare bright spot this year – one of just two sectors on the MSCI World Index that are in positive territory. The sector is up about 15% this year, outperforming the wider index, which has declined about 20% in the same period. After steep declines at the peak of … Read more

Exxon Mobil, Alphabet, Kellogg, Charles Schwab and more

Gas pumps sit empty at an Exxon gas station in Charlotte, North Carolina on May 12, 2021. LOGAN CYRUS | AFP | Getty Images Check out the companies making headlines in midday trading Tuesday. Exxon Mobil – Shares of Exxon Mobil jumped 5.5% after Credit Suisse upgraded them to outperform from neutral and said they … Read more