Brent crude oil spot prices were $97 per barrel in February, up over $11 month over month. Brent spot prices were higher on a daily basis in the first week of March as a result of the Ukraine situation. The events in Ukraine put a strain on already depleted oil stocks. According to the administration’s short-term energy outlook, oil prices would likely average $116 per barrel in the second quarter of 2022. Prices are expected to drop all the way to $89 per barrel in 2023. Devon Energy Corporation and ConocoPhillips are two of the top oil stocks benefiting. Insider…
Author: Isabelle Acosta
With fears of a looming recession, investors are moving their focus away from growth equities and into stable, high-dividend firms. Experts believe that in an inflationary and rising rate environment, dividends have outpaced the overall market in 2021 and year-to-date. Dividends have been a big part of the S&P 500’s performance over the years. The dividend payers, according to Hunstad, trade at relatively low prices and earnings multiples. Improved profits and robust financial conditions of firms encourage dividends. Insider Monkey selected stocks that pay monthly dividends. STAG Industrial, Inc. is a real estate investment trust that owns and manages single-tenant…
Big names that once traded under $5 can be used to judge the potential of penny stocks. Apple Inc. used to be worth almost 80 cents a share, but it is now one of the Big Five American technology companies. Advanced Micro Devices, Inc. is today worth more than $100, yet in 2015, the stock was worth less than $2. Insider Monkey shared the 10 penny stocks to buy in April. GBS Inc. is a biosensor diagnostic technology firm situated in New York. Its products use saliva to take non-invasive glucose readings. The business is developing a COV2 test to…
In 1993, exchange-traded funds (ETFs) were introduced to the market. They have since surpassed mutual funds as the most popular investing option. This is due to the fact that, like conventional equities, they can be traded intraday. Only at the end of each trading day can mutual funds be traded. ETFs are a type of mutual fund that has leverage restrictions, daily values, and liquidity requirements. ETFs’ net assets have risen by an incredible 450 percent between 2010 and 2020. Mutual fund assets, on the other hand, have only quadrupled in the same time period. When compared to alternatives, ETFs…
In the face of fast inflation, soaring oil prices, and global insecurity, economists have lowered their growth projections for 2022. For the first time in years, the employment market in the United States is adding hundreds of thousands of jobs per month. Consumer spending is showing no signs of decreasing, and corporations are investing at an all-time high. Hedge funds recommend Morgan Stanley, Intel Corporation, and U.S. Bancorp as some of the finest undervalued large-cap stocks to buy, according to hedge funds. Insider Monkey picked the 10 best undervalued large-cap stocks according to hedge funds. Hologic, Inc. manufactures and distributes…
Steve Cohen, the billionaire money manager and owner of the New York Mets, has a 13F portfolio. Micron Technology, The Coca-Cola Company, and Applied Materials, Inc. are some of Cohen’s most recent large acquisitions. Point72 Asset Management is led by Steve Cohen, who is the company’s founder, president, chairman, and CEO. Forbes estimates the hedge fund tycoon’s personal fortune at $17.4 billion. Since 1992, Cohen’s funds have had a total profit of $27.7 billion. At the end of 2017, Cohen’s 13F portfolio was worth $25.04 billion. The fund was primarily invested in technology and healthcare stocks. During the fourth quarter,…
Activist investor and billionaire David Einhorn’s 13F portfolio in the fourth quarter of 2021. Among the main new additions to the portfolio are Global Payments Inc., Intel Corporation, and Discovery, Inc. Between 2015 to late-2020, David Einhorn’s Greenlight Capital lost 34% of its value. Greenlight had only $1.1 billion with assets under management as of September 2021. With a return of 18.6 percent, the fund had one of its strongest quarters in previous years. Greenlight’s 13F portfolio’s value increased to $1.75 billion in Q4. The materials sector continues to be a stronghold for the fund. Einhorn believes that inflation will…
The biotech market was valued at $497 billion in 2020, and it is expected to reach $952.0 billion in 2027. Over the following five years, the market is predicted to increase at a CAGR of more than 9.4%. Biotechnology has experienced rapid expansion as chronic diseases have become more common. As the demand for organic food grows, so does the demand for biotech in the agriculture sector. After a meteoric rise in 2020, biotech stocks plummeted by 25% in 2021. Insider Monkey picked biotech penny stocks with growth catalysts. Diffusion Pharmaceuticals Inc. is a biotechnology company that develops drugs and…
During the epidemic years, cryptocurrency and digital assets gained widespread acceptance. Cryptocurrency trading has become easier because of platforms like Robinhood Markets, Inc. Because of the simplicity of use and low transaction costs, retail investors are attracted to online assets like bitcoin and e-wallets. Private equity clients will soon be able to invest in cryptocurrency through Goldman Sachs and Morgan Stanley. By 2030, the worldwide cryptocurrency market is expected to be valued at $4.94 billion. Elon Musk, Tim Cook, Bill Miller, and Mark Cuban are among the wealthiest cryptocurrency investors. Insider Monkey selected the cryptocurrencies that millionaires love. Companies like…
Joshua S. Friedman and Mitchell R. Julis launched Canyon Capital Advisors in 1990. The hedge fund, which is based in Dallas, strives to outperform bond and stock market indices while reducing volatility. Canyon Capital engages in debt and equity, as well as high-yield debt. Canyon Capital Advisors manages a total of $19 billion in assets. Its flagship fund returned 10.4 percent yearly between 2002 and 2011, compared to 3.3 percent for the S&P 500. The hedge fund took advantage of deep discounts on investment-grade bonds and structured instruments. Insider Monkey highlighted 10 stocks to buy according to Canyon Capital Advisors.…
Lawrence Lindsey, a former Federal Reserve governor, predicted that increased inflation would push consumers to cut back on spending to the point where the economy will likely enter a recession by 2022. Consumer spending is expected to fall by around 2 percentage points in the coming months, according to the former Fed governor. In March, the US economy added 431,000 jobs, bringing the unemployment rate to 3.6 percent, the lowest level since the March 2020 crisis. Jamie Dimon, the CEO of JPMorgan Chase, cautioned that a sustained increase in interest rates would result in “very turbulent markets.” Insider Monkey highlighted…
Companies that have regularly increased their dividend distributions over time are known as dividend growth stocks. They are also businesses that reinvest a portion of their profits back into the business for expansion and growth. Robinhood is an American financial services company that allows novice and experienced investors to trade stocks, ETFs, and cryptocurrencies without paying a commission. Goldman Sachs increased its repurchase predictions for the S&P 500 to $1 trillion in 2022, up 12% from the previous year. Insider Monkey observed the 10 dividend growth stocks popular on Robinhood. Enbridge Inc. announced a quarterly dividend of C$0.860 per share,…