Benchmark U.S. crude oil for June delivery rose 71 cents to $62.14 a barrel Friday. Brent crude oil for June delivery rose 71 cents to $66.11 a barrel.
Wholesale gasoline for May delivery rose 2 cents to $2 a gallon. May heating oil rose 1 cent to $1.87 a gallon. May natural gas fell 2 cents to $2.73 per 1,000 cubic feet.
Gold for June delivery fell $4.20 to $1,777.80 an ounce. Silver for May delivery fell 1 cent to $26.08 an ounce and May copper rose 6 cents to $4.34 a pound.
The dollar fell to 107.93 Japanese yen from 108.10 Japanese yen. The euro rose to $1.2092 from $1.2008.
Featured Article: Systematic Risk and Investors 7 Undervalued Stocks That Deserve More Attention
With the Dow Jones Industrial Average (DJIA) hitting new highs seemingly every day, it may seem like the wrong time to be looking at undervalued stocks. Or is it?
From cannabis to cryptocurrencies, and let’s not forget electric vehicles the market seems to be blowing bubbles wherever you look. And that’s why now may be exactly the right time to zig while the market is sagging. And that means looking for undervalued stocks.
But finding undervalued stocks is subjective. Some analysts use specific fundamental metrics. Others use technical analysis.
However, the general idea is that you’re looking for stocks that are trading below their fair value.
In some cases, these may be stocks whose financials are stronger than other stocks in their sector, but it’s trading at a lower price. In other cases, a company may have potential that is not reflected in its stock price. Put another way, undervalued stocks are stocks that have room to grow. That’s why they deserve a place in your portfolio.
And that’s why we’ve put together this special presentation on stocks that are undervalued right at this time. An investment in these companies is likely to be rewarded because the stocks are moving under the radar from the broader market.
View the "7 Undervalued Stocks That Deserve More Attention"