![]() The regulation of the crypto market with a recent crackdown in China is a big contributor. My colleague, Stavros Giorgiadis, succinctly summarized the knocks against COIN stock in a recent article: “ Coinbase is facing a mix of negative factors right now. Switching gears entirely, let’s look at cryptocurrency exchange Coinbase, and its stock. In that vein, it has recently invested $400 million into carbon capture and storage at its LaBarge, Wyoming facility. The firm plans to increase its investment into technology including carbon capture. Moreover, Exxon Mobil isn’t banking on a return to peak oil alone to shore up its prices in any case. And in the steady world of oil stocks, that could certainly be considered “blowing up.” That would equate to 16.63% return if all of my assumptions hold true. An investor who bought and held it for all of 2022 would then have an asset worth $73.48 ($70 stock share + $3.48 in dividend payments). What kind of returns would that lead to once Exxon Mobil’s dividend gets factored in? Let’s assume XOM’s 87 cent dividend holds throughout all of 2022. That seems entirely plausible given that XOM stock traded at that level just prior to the pandemic onset. Let’s also assume that Exxon Mobil rises above its average target stock price of $68.60, and hits $70 sometime in 2022. Let’s assume demand rises on oil price tailwinds and those rising cash flow yields mentioned above. What might that mean? XOM stock now trades at $63. Let’s assume Exxon Mobil does become increasingly attractive as Morgan Stanley’s Devin McDermott expects. Its $1.34 quarterly dividend equates to an annual 4.71% yield. Outside of that immediate tailwind, CVX stock remains attractive for traditional reasons. Those rising cash flow yield levels aren’t uniform across the E&P sector, leading McDermott to conclude that Chevron should become increasingly attractive. That’s a decade high for both firms, and nearly 2.5X their five-year averages of 5%. In a recent client note he wrote that both firms now have projected cash flow yields of 12%. That sounds negative at first blush, but Morgan Stanley energy analyst Devin McDermott sees it differently. nears empty.įurther, Chevron and the other oil stock on this list, Exxon Mobil, have both lagged behind their oil exploration and production peers as rebound plays this year. Still, other reports insist that oil prices could explode as the largest storage hub in the U.S. ![]() Per barrel prices did slow recently as the forecast of a warm U.S. That has national average prices at the pump sitting at nearly $3.39, up a bit from $3.19 a month earlier. Prices recently hit a three-year high of $86 per barrel. It’s hardly a secret why Chevron is in position to blow up moving forward: Oil prices have recently surged. Now, let’s dive in and take a closer look at each one. And that’s what all of the stocks below have in common: They’re available for trade on Robinhood, and they’re sound choices. Investors can make sound choices on it as with any other trading platform. And although the platform remains controversial, investors should utilize as they would any other trading platform.īecause even though Robinhood is associated with meme stocks and other high-risk investments, at its heart, it’s simply a platform. There’s a lot more to be said about the Robinhood platform of course, but we’re here to discuss Robinhood stocks. But at the same time, Robinhood grew lots of ire from its “young and poor” user base when it halted GME stock trading in January. It undoubtedly helped fuel the video game company’s rise to prominence. Fast forward to 2021, and that number has risen to 22.5 million.Īdditionally, it has been a key player in the GameStop (NYSE: GME) saga. Back in 2014, the platform boasted a more modest 500k users. The Robinhood platform has been around for quite some time despite its more recent rise in notoriety. That feature made it very attractive to retail investors, leading to impressive growth for Robinhood stocks. It certainly burst onto the scene early in the pandemic with commission free trading. The Robinhood (NASDAQ: HOOD) platform is certainly an interesting one for those looking to invest in the stock market.
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