Prices at the pump are likely to be 14% higher than last summer �� an average of $2.74 per gallon, the US government estimated on Tuesday.
The price of oil has climbed because of efforts by OPEC and Russia. Brent crude, the global benchmark, surged 3.5% on Tuesday to $71.04 a barrel, the highest since late 2014. That's already above the EIA forecast of $63 for this summer, suggesting gas prices could go even higher. Brent crude averaged just $51 last summer.
Summer driving season, which the EIA considers April through September, is historically when demand peaks for gasoline as Americans go on vacation. The EIA expects highway travel to increase 1.3% over last summer.
Although gas is well below the $4 a gallon prices of 2008, it has risen because of the recovery in the oil markets. The average gallon of gasoline fetched $2.66 on Tuesday, according to AAA. That's up from $2.39 last year, just as summer driving season was beginning.
Top 10 High Tech Stocks For 2019: magicJack VocalTec Ltd(CALL)
Advisors' Opinion:- [By Logan Wallace]
News headlines about Magicjack Vocaltec (NASDAQ:CALL) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Magicjack Vocaltec earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.0829609029142 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
- [By Ethan Ryder]
Magicjack Vocaltec (NASDAQ: CALL) and PLDT (NYSE:PHI) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations.
Top 10 High Tech Stocks For 2019: GAMCO Natural Resources, Gold & Income Tust (GNT)
Advisors' Opinion:- [By Max Byerly]
Golem (CURRENCY:GNT) traded 0.3% lower against the US dollar during the twenty-four hour period ending at 21:00 PM Eastern on May 19th. One Golem token can now be bought for approximately $0.51 or 0.00006248 BTC on popular cryptocurrency exchanges including Mercatox, Zebpay, Liqui and Cryptopia. Over the last week, Golem has traded 9.1% lower against the US dollar. Golem has a market cap of $428.99 million and approximately $7.17 million worth of Golem was traded on exchanges in the last 24 hours.
Top 10 High Tech Stocks For 2019: CHS Inc(CHSCL)
Advisors' Opinion:- [By Joseph Griffin]
CHS (NASDAQ:CHSCL) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Friday.
Top 10 High Tech Stocks For 2019: OGE Energy Corporation(OGE)
Advisors' Opinion:- [By Shane Hupp]
Natixis Advisors L.P. decreased its position in shares of OGE Energy Corp. (NYSE:OGE) by 35.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,287 shares of the utilities provider’s stock after selling 13,258 shares during the period. Natixis Advisors L.P.’s holdings in OGE Energy were worth $796,000 at the end of the most recent quarter.
- [By Logan Wallace]
Get a free copy of the Zacks research report on OGE Energy (OGE)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
OGE Energy (NYSE:OGE) was downgraded by analysts at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Sunday, Marketbeat.com reports. The analysts noted that the move was a valuation call.
Top 10 High Tech Stocks For 2019: Apple Hospitality REIT, Inc.(APLE)
Advisors' Opinion:- [By Stephan Byrd]
Get a free copy of the Zacks research report on Apple Hospitality REIT (APLE)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lee Jackson]
Apple Hospitality REIT Inc. (NYSE: APLE) owns one of the largest portfolios of upscale, select-service hotels in the United States.�Investors are paid a generous 6.67% yield. The shares traded at $17.95 early Thursday, in a 52-week range of $16.72 to $21.90.�The consensus price objective is $19.25.
- [By Shane Hupp]
Riverhead Capital Management LLC grew its position in Apple Hospitality REIT (NYSE:APLE) by 607.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,100 shares of the real estate investment trust’s stock after acquiring an additional 115,150 shares during the quarter. Riverhead Capital Management LLC owned about 0.06% of Apple Hospitality REIT worth $2,356,000 at the end of the most recent reporting period.
- [By Joseph Griffin]
Shares of Apple Hospitality REIT Inc (NYSE:APLE) have earned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $19.75.
- [By Max Byerly]
Get a free copy of the Zacks research report on Apple Hospitality REIT (APLE)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 High Tech Stocks For 2019: Evertec, Inc.(EVTC)
Advisors' Opinion:- [By Shane Hupp]
Equities research analysts at Raymond James initiated coverage on shares of Evertec (NYSE:EVTC) in a report released on Friday, MarketBeat reports. The firm set a “market perform” rating on the business services provider’s stock.
- [By Joseph Griffin]
Evertec (NYSE:EVTC) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.
Top 10 High Tech Stocks For 2019: Norwood Financial Corp.(NWFL)
Advisors' Opinion:- [By Max Byerly]
Media headlines about Norwood Financial (NASDAQ:NWFL) have trended somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Norwood Financial earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.6420547965898 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Top 10 High Tech Stocks For 2019: Broadwind Energy Inc.(BWEN)
Advisors' Opinion:- [By Shane Hupp]
Matthews International (NASDAQ: MATW) and Broadwind Energy (NASDAQ:BWEN) are both small-cap consumer staples companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, profitability, risk, earnings and dividends.
- [By Ethan Ryder]
Matthews International (NASDAQ: MATW) and Broadwind Energy (NASDAQ:BWEN) are both small-cap consumer staples companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, valuation, profitability and institutional ownership.
Top 10 High Tech Stocks For 2019: Internet Initiative Japan Inc.(IIJI)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on Internet Initiative Japan (IIJI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 High Tech Stocks For 2019: Array BioPharma Inc.(ARRY)
Advisors' Opinion:- [By Cory Renauer]
It looks like the benefit-to-risk ratio is off the charts for larotrectinib as well as LOXO-292, but the number of patients with TRK fusion cancers that fail multiple existing treatments is somewhere between 1,500 and 5,000 each year in the U.S. Investors also need to understand that Loxo Oncology licensed its candidates from Array Biopharma (NASDAQ:ARRY) and owes its partner substantial milestone payments and mid-single-digit royalties on any sales they might generate. Loxo has partnered with�Bayer AG (NASDAQOTH:BAYRY), and if approved, the German giant will share U.S. profits with Loxo and pay double-digit royalties on sales abroad.
- [By Keith Speights]
Three biotechs that have reached this critical milestone with their respective new drugs and await key FDA approval decisions in June are Array BioPharma (NASDAQ:ARRY), GW Pharmaceuticals (NASDAQ:GWPH), and Incyte (NASDAQ:INCY). Here's what the FDA's upcoming decisions mean for each of these biotechs.
- [By Shane Hupp]
Eversept Partners LLC reduced its position in shares of Array Biopharma Inc (NASDAQ:ARRY) by 71.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 357,727 shares of the biopharmaceutical company’s stock after selling 880,076 shares during the period. Array Biopharma accounts for about 2.8% of Eversept Partners LLC’s holdings, making the stock its 13th biggest position. Eversept Partners LLC owned approximately 0.17% of Array Biopharma worth $5,838,000 at the end of the most recent reporting period.
No comments:
Post a Comment