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Trading Ideas

3 “Strong Buy” Oil Stocks to Energize Your Portfolio

We’re bargain hunting, looking for stocks that will bring strong returns for a low cost of entry. Our criteria, a “Strong Buy” analyst consensus combined with upside potential that exceeds 20%, naturally leads us to the energy sector. Despite high overhead and low prices, oil and gas extraction remain cash-rich niches, with potential for high profits when a company strikes a rich deposit.Using TipRanks’ Stock Screener, we’ve picked out three energy stocks to power up your investment portfolio. All three are priced at a bargain, have Buy ratings from Wall Street’s analysts, and boast superb upside potential. Let’s dive in, …read more […]

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Gilead Gains; Drug Gets Human Trial in China for Coronavirus

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.China has kick-started a clinical trial to speedily test a drug for the novel coronavirus infection as the nation rushes therapies for those afflicted and scours for vaccines to protect the rest.Remdesivir, a new antiviral drug by Gilead Sciences Inc. aimed at infectious diseases such Ebola and SARS, will be tested by a medical team from Beijing-based China-Japan Friendship Hospital for efficacy in treating the deadly new strain of coronavirus, a hospital spokeswoman told Bloomberg News Monday.Trial for the drug will be …read more […]