financetom
Business
financetom
/
Business
/
Oil Stocks Get the 'Buy It' Treatment from Josh Brown on Thecompoundnews.com
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Oil Stocks Get the 'Buy It' Treatment from Josh Brown on Thecompoundnews.com
Apr 3, 2024 5:38 AM

08:00 AM EDT, 04/03/2024 (MT Newswires) -- Josh Brown of thecompoundnews.com was bullish on oil and gas stocks on Tuesday's podcast. Brown likes ConocoPhillips ( COP ) . Brown thinks COP is going to challenge the late 2022 high, and says "she's going to punch through". He says it's going to $150. On Phillips 66 (PSX), Brown says, "Buy it!". On Diamond Back Energy (FANG), at a current price of $198, "You'll never see this again." Recalling past advice, Brown says, "Never sell your oil stocks, because that is your only true hedge against an oil price spike that (screws) up the rest of the stock market."

Price: 130.95, Change: +0.28, Percent Change: +0.21

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
IDB approves $3.5 billion capital increase for investment arm
IDB approves $3.5 billion capital increase for investment arm
Mar 10, 2024
MEXICO CITY (Reuters) - The Inter-American Development Bank (IDB) approved a $3.5 billion capital increase for IDB Invest, its private sector arm, the bank's head, Ilan Goldfajn, told an event on Sunday. With the capital injection, IDB Invest's size will double in the next few years, Goldfajn said, adding it will have more power to fund projects aimed at reducing...
Reddit aims to raise $748 million in planned IPO, Bloomberg News says
Reddit aims to raise $748 million in planned IPO, Bloomberg News says
Mar 10, 2024
(Reuters) - Media platform Reddit and its investors are seeking to raise as much as $748 million in its initial public offering, Bloomberg News reported on Sunday. The company is planning a sale of 22 million shares at $31-$34 per share, Bloomberg reported, citing people familiar with the matter. ...
US officials urge UnitedHealth to expedite payments to providers
US officials urge UnitedHealth to expedite payments to providers
Mar 10, 2024
March 10 (Reuters) - Officials from the U.S. government asked UnitedHealth Group ( UNH ) to expedite payments to healthcare providers in an open letter on Sunday, after a hack of the insurer's Change Healthcare tech unit crippled medical claims and payments. Officials from the U.S. Department of Labor and the U.S. Department of Health and Human Services urged UnitedHealth...
REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT
REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT
Mar 10, 2024
Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/6 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect. TOP STORIES GLOBAL UKRAINE-CRISIS/POPE Ukraine minister, responding to Pope Francis, says Kyiv will never raise white flag March 10 (Reuters) - Ukraine's foreign minister,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved