The Organization of the Petroleum Exporting Countries (OPEC) stirred oil markets Wednesday after agreeing to its first production cut in eight years.
OPEC agreed to cut production by 1.2 million barrels per day (about 5% of current production), causing oil to soar more than 9% to just under $50 a barrel.
Investors jumping into the rally shouldn’t forget that oil has been one of the most volatile commodities in recent years. In June, 2014 the price of oil hit $107.68 a barrel. That was followed by a drop to $26.21 in February of this year.
If you’re looking to play oil’s next big move – long term or short term – there are several ways to play it with ETFs.
best investment stocks: Sealed Air Corporation(SEE)
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Sealed Air Corp. (NYSE: SEE) which traded down about 9% at $42.33. The stocks 52-week range is $42.01 to $50.62. Volume was nearly 11 million versus the daily average of 2.1 million shares.
- [By Benzinga News Desk]
Morgan Stanley downgraded Chipotle (NYSE: CMG) to Equal-Weight.
UBS downgraded AMC Networks (NASDAQ: AMCX) to Sell.
Citi upgraded Sealed Air (NYSE: SEE) to Buy.
Goldman Sachs upgraded Reinsurance Group (NYSE: RGA) to Buy.
- [By Ben Levisohn]
Sealed Air(SEE) has fallen 0.7% to $28.35 after the food-safety company was downgraded to Equal Weight from Overweight atBarclays.
Towers Watson(TW) has dropped 0.5% to $102.49 after it was cut to Neutral from Overweight at JPMorgan. It was also upgraded to Buy from Hold at Deutsche Bank.
best investment stocks: State Bank Financial Corporation.(STBZ)
- [By Zacks]
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best investment stocks: Lockheed Martin Corporation(LMT)
- [By WWW.THESTREET.COM]
Muilenburg has met with Trump on several occasions since the president’s election. He reportedly listened in on a phone call Trump had with the CEO of rival Lockheed Martin (LMT) . He also reportedly convinced the president to support the Export-Import Bank.
- [By William Patalon III]
The reason I find this so intriguing right now relates to our ongoing coverage of the Lockheed Martin Corp. (NYSE: LMT) SR-72 “Son of Blackbird” – a hypersonic jet that’s already under development and that will enter service late in the next decade.
- [By Rich Smith]
A series of tweetstargeting the high cost of Lockheed Martin’s (NYSE:LMT) F-35 stealth fighter jet apparently resulted in LockMart cutting $600 million off the price of a batch of 90 stealth fighters in January. It may have even had something to do with Boeing (NYSE:BA) offering the Navy a steep price cut on a deal to buy a dozen F/A-18 and EA-18G fighters in March. Now, if Boeing could just be convinced to cut the price on its Air Force One contract by a few hundred million, savings resulting from Trump’s defense-spending tweet storms could soon top $1 billion.
- [By Money Morning Staff Reports]
The second dividend stock on our list is defense contractor Lockheed Martin Corp. (NYSE: LMT). While its dividend yield is not as spectacular as Arlington’s, it pays investors $2 every quarter for each share they own. That’s good for a 2.5% dividend yield, which still beats 10-year Treasuries and does not even include LMT’s growth potential.
- [By Money Morning Staff Reports]
He recommends Lockheed Martin Corp. (NYSE: LMT), for example. On Tuesday, March 29, missile defense experts at Lockheed were officially tasked with building between 18 and 40 missile rocket interceptors to protect against incoming ballistic missile threats. That contract was worth $273.5 million.
- [By WWW.KIPLINGER.COM]
Its this kind of environment that has made the iShares U.S. Aerospace & Defense ETF(ITA) one of the best-performing ETFs over the past decade. Companies like Lockheed Martin Corporation (LMT) and General Dynamics Corporation (GD) have thrived by producing solutions funded by a thick military wallet.
best investment stocks: Terra Nitrogen Company L.P.(TNH)
- [By Robert Rapier] While the MLP space is dominated by the oil and gas sector, in last week’s article we began to explore some of the more exotic master limited partnership offerings. This week we continue our exploration of nontraditional MLPs by looking at the partnerships supplying fertilizer.
Rentech (Nasdaq: RTK) has been around for more than a decade, and it has shifted strategies several times. Full disclosure: Rentech’s Chief Technology Officer Harold Wright is a former manager of mine when we were both at ConocoPhillips, and I have visited Rentech’s facility in Commerce City, Colorado.
For most of Rentech’s existence, the company has sought to commercialize alternative fuels. At one time it had ambitions to build a large coal-to-liquids (CTL) plant, but federal legislation ultimately nudged it instead into the biomass-to-liquids (BTL) space. The company did build a BTL demonstration plant, but ultimately shut it down and has now refocused its efforts on becoming “one of the largest wood processing companies in the world.”
During its interesting journey as a company, Rentech acquired two ammonia nitrogen fertilizer facilities, which turned out to be a profit center that funded the alternative energy research. In November 2011, Rentech spun off this fertilizer business into an MLP called Rentech Nitrogen Partners LP (NYSE: RNF).
In the months leading to the spin-off, RTK’s market capitalization was about $200 million. Rentech maintained 60 percent ownership of RNF, and three months after the spin-off RTK’s market cap had risen to $400 million, while investors had bid RNF up to $1 billion. Interestingly, RTK’s share of RNF was worth more than RTK’s entire market cap, a situation that persists. The market currently values Rentech at $482 million, while the valuation of Rentech Nitrogen Partners makes RTK’s 60 percent stake in RNF worth slightly more than $600 million — another illu
best investment stocks: SodaStream International Ltd.(SODA)
- [By Peter Graham]
Israel based small cap home beverage carbonation stockSodastream International Ltd (NASDAQ: SODA) reportedQ2 2017 earnings before the market opened on Wednesday. Revenue increased 9.6% to $130.6 millionwith theincrease driven by growth in most of the Company’s geographic regions -mainly Western Europe, partially offset by a negative foreign currency exchange impact mainly due to the weakening of the Euro/U.S. Dollar exchange rate compared to the same period in 2016. Net income increased approximately 84% to $14.4 million. As of June 30, 2017, the Company had cash and bank deposits totaling $108.5 million compared to $57.3 millionas ofDecember 31, 2016. The CEO commented:
- [By Peter Graham]
The Q4 2016 earnings report for Israel based small cap home beverage carbonation stockSodastream International Ltd (NASDAQ: SODA) is scheduled for before the market opens onWednesday (February 15). However, theIsrael connection along with changing consumer tastes havesent sharesfrom fizzy to being flat. On the other hand,Sodastream International climbed 16.22% after releasing third quarter earnings that easily topped Wall Street expectations after making efforts to revamp its image.
- [By Jeremy Bowman]
SodaStream International(NASDAQ:SODA) blew the market away in 2016 as shares of the DIY soda-maker popped 142%, beating all but two stocks in the S&P 500.
- [By Peter Graham]
Israel based small cap home beverage carbonation stockSodastream International Ltd (NASDAQ: SODA) reported Q1 2017 earnings before the market opened this morning. Revenue increased 14.3% to $115.3 million driven by growth in each of the Company’s four geographic regions, partially offset by a negative foreign currency exchange impact mainly due to the weakening of the Euro/U.S. Dollar exchange rate compared to the same period in 2016. Net income increased 141.8% to $14.7 million.