Plenty More Upside Ahead for Energy Stocks, LPL Financial Strategist Says

seekingalpha2022-08-28

Energy is the runaway winner in the S&P 500 sector standings with a nearly 50% YTD increase, and it was the only group to finish the week with a gain, +4.2%, but LPL Financial chief equity strategist ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

RS142
2022-08-29
RS142
Ol
hphoa
2022-08-29
hphoa
Like pls..
Huatahhuat
2022-08-29
Huatahhuat
Ok
ccwee
2022-08-29
ccwee
read
Rick13
2022-08-29
Rick13
Ok
Ccchia
2022-08-29
Ccchia
K

Leave a comment

381

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2262852721?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-08-28 07:46","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2262852721","market":"us","top_or_hot":-1,"title":"Plenty More Upside Ahead for Energy Stocks, LPL Financial Strategist Says","media":"seekingalpha","content":"<div>\n<p>Energy is the runaway winner in the S&P 500 sector standings with a nearly 50% YTD increase, and it was the only group to finish the week with a gain, +4.2%, but LPL Financial chief equity strategist ...</p>\n\n<a href=\"https://seekingalpha.com/news/3877210-plenty-more-upside-ahead-for-energy-stocks-lpl-financial-strategist-says\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Plenty More Upside Ahead for Energy Stocks, LPL Financial Strategist Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPlenty More Upside Ahead for Energy Stocks, LPL Financial Strategist Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-28 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3877210-plenty-more-upside-ahead-for-energy-stocks-lpl-financial-strategist-says><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Energy is the runaway winner in the S&P 500 sector standings with a nearly 50% YTD increase, and it was the only group to finish the week with a gain, +4.2%, but LPL Financial chief equity strategist ...</p>\n\n<a href=\"https://seekingalpha.com/news/3877210-plenty-more-upside-ahead-for-energy-stocks-lpl-financial-strategist-says\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XOM","symbol_name":"埃克森美孚","start_time":0,"source_url":"https://seekingalpha.com/news/3877210-plenty-more-upside-ahead-for-energy-stocks-lpl-financial-strategist-says","article_id":"2262852721","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2262852721","pubTimestamp":1661643979,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Energy is the runaway winner in the S&P 500 sector standings with a nearly 50% YTD increase, and it ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XOM":"埃克森美孚","OXY":"西方石油"},"translate_title":"LPL金融策略师表示，能源股还有更多上行空间","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OXY":0.9,"XOM":0.9},"content_text":"Energy is the runaway winner in the S&P 500 sector standings with a nearly 50% YTD increase, and it was the only group to finish the week with a gain, +4.2%, but LPL Financial chief equity strategist Jeff Buchbinder sees five reasons for oil and gas stocks to continue their run higher.Strong fundamentals: A potential deal allowing Iranian crude to flow freely again could be offset by production cuts from Saudi Arabia.Technical factors: Among several that could bode well for energy stocks, breadth has been strong, with 90% of stocks in the S&P 500 energy sector trading at 20-day highs.Earnings momentum: Energy was the clear winner of the Q2 earnings season, and has increasingly supported dividend hikes and share buybacks.Valuations are too pessimistic: The sector has been trading at a P-E ratio below 9 based on 12-month forward earnings vs. 17.5 for the broader S&P 500 - Buchbinder says this makes no sense, given sector cash flow yields that are topping 10%, more than double the level for the S&P 500.Warren Buffett: \"We're not saying buy OXY, but rather that if Mr. Buffett likes the energy sector that much, we should pay attention,\" Buchbinder says.WTI crude oil futures finished +2.9% for the week at $93.06/bbl, supported by Saudi Arabia's comments this week that OPEC+ may cut production to tame market volatility, which UBS analysts say shows a desire among major producers to keep oil prices above $90/bbl.Top 10 gainers in energy and natural resources during the past 5 days: $(INDO)$ +32%, $(IPI)$ +29.4%, $(HUSA)$ +27.4%, $(HPK)$ +24.5%, $(AREC)$ +23.8%, $(SGML)$ +22.7%, $(MTR)$ +22.1%, $(TUSK)$ +19.6%, $(UUUU)$ +19.1%, $(UAN)$ +19.1%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9997106323,"gmtCreate":1661753027365,"gmtModify":1676536573157,"author":{"id":"3574118564601995","authorId":"3574118564601995","name":"RS142","avatar":"https://static.tigerbbs.com/22d2d9b1f352da24e6ea75b557ac987a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574118564601995","authorIdStr":"3574118564601995"},"htmlText":"Ol","listText":"Ol","text":"Ol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997106323","repostId":2262852721,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9997323268,"gmtCreate":1661745236056,"gmtModify":1676536571957,"author":{"id":"3578790486524477","authorId":"3578790486524477","name":"hphoa","avatar":"https://community-static.tradeup.com/news/28a11e936497493af7ee5ccdc32238a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578790486524477","authorIdStr":"3578790486524477"},"htmlText":"Like pls..&nbsp;","listText":"Like pls..&nbsp;","text":"Like pls..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997323268","repostId":2262852721,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9997930052,"gmtCreate":1661732140178,"gmtModify":1676536567874,"author":{"id":"3574468375375928","authorId":"3574468375375928","name":"Huatahhuat","avatar":"https://static.tigerbbs.com/b8efd6c9f11aac008947d35cb725e0a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574468375375928","authorIdStr":"3574468375375928"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997930052","repostId":2262852721,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9997047503,"gmtCreate":1661730421304,"gmtModify":1676536566940,"author":{"id":"3581829959470650","authorId":"3581829959470650","name":"ccwee","avatar":"https://static.tigerbbs.com/652d99331e3c23c682d7e58cfc9f6544","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581829959470650","authorIdStr":"3581829959470650"},"htmlText":"read","listText":"read","text":"read","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997047503","repostId":2262852721,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9997018904,"gmtCreate":1661726950910,"gmtModify":1676536565149,"author":{"id":"3582011723925907","authorId":"3582011723925907","name":"Rick13","avatar":"https://static.tigerbbs.com/2d3e47faeb6cb380146cd4f1415c29cf","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3582011723925907","authorIdStr":"3582011723925907"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997018904","repostId":2262852721,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9997000317,"gmtCreate":1661723271741,"gmtModify":1676536564155,"author":{"id":"4104210445036030","authorId":"4104210445036030","name":"Ccchia","avatar":"https://community-static.tradeup.com/news/d69e11a239f8e8cde6cbd37227dd17f6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4104210445036030","authorIdStr":"4104210445036030"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997000317","repostId":2262852721,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":381,"commentSize":44,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2262852721"}