Cover Shorts in Energy Names - Analyst
Tweet Send to a FriendGet Alerts XOM Hot Sheet
Price: $92.80 +0.30%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 2.8%
EPS Growth %: +6.0%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 2.8%
EPS Growth %: +6.0%
Trade XOM Now!
Technical analyst Chris Verrone, with Stategas, is advising investors to cover shorts in energy stocks. In the past 20 days, 40 of 43 stocks energy stocks have outperformed relative to the S&P 500, making it one of the best performing sectors.
Exxon Mobil Corporation (NYSE: XOM) is higher by 4.5 percent in the past 30 days and the Energy Select Sector SPDR (NYSE: XLE) is higher by 7.5 percent. SPY is higher by 1.8 percent over the same period.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Exxon Mobil Corporation (NYSE: XOM) is higher by 4.5 percent in the past 30 days and the Energy Select Sector SPDR (NYSE: XLE) is higher by 7.5 percent. SPY is higher by 1.8 percent over the same period.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Gold Pares Losses as Fed Tapering Questioned (GLD) (IAU) (SLV)
- UPDATE: Kansas City Southern (KSU) to Replace Dean Foods (DF) in S&P 500; WhiteWave Foods (WWAV) to S&P MidCap 400
- Gold Sinks Below $1400/oz (GLD) (IAU) (SLV)
Create E-mail Alert Related Categories
ETFsRelated Entities
Standard & Poor's
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
