Energy Select Sector SPDR Fund (XLE) News Today

Exxon Mobil and Chevron are both excellent long-term investments, but with expectations of higher oil prices, one stocks looks to be a better short-term buy

Most of the market attention remains with the technology sector today, where all of 2024 has been centered around every stock related to artificial intelligence, particularly those in the chip and semiconductor space. When reading this, most investors probably thought of NVIDIA Co. NASDAQ: NVDA and other names in that space, but that wave could soon be over.

Most of the market attention remains with the technology sector today, where all of 2024 has been centered around every stock related to artificial intelligence, particularly those in the chip and semiconductor space. When reading this, most investors probably thought of NVIDIA Co. NASDAQ: NVDA and other names in that space, but that wave could soon be over.

Three assets come to front and center for investors looking to build a better portfolio in the face of potential interest rate cuts coming this year

Investors who believe in diversification are waiting for the market to broaden out; instead of watching the Fed, look at the sectors institutions are buying

After Buffett bought into the energy sector, three companies heated up their bullish sentiment through current projections and Wall Street valuations

Buffett liked Occidental Petroleum for the coming oil cycle, however, Chesapeake offers investors a much better growth story

The energy sector has experienced notable activity this year, with a significant rise in crude oil prices, up 13.33% YTD, and firm performance among major energy stocks. Despite a recent pullback, the sector's current dynamics suggest a favorable risk-reward scenario for investors seeking exposure.

The recent dip in the energy sector may present a buying opportunity as it consolidates bullishly above its rising 200-day Simple Moving Average.

First Solar stock's earnings dip is now a potential opportunity for investors. Higher oil prices may make solar a more attractive source, pushing EPS higher

Chesapeake Energy stock may still be a buy before natural gas prices catch up to crude oil. Analysts see up to 230% EPS growth ahead and double-digit upside

Rising oil prices could make alternative energy stocks like NextEra the next best thing for investors to buy, secular trends in A.I. and Florida help valuations

Kinder Morgan is the oil stock that stood out to markets enough to bring its valuation to a premium above peers, and analysts still see a double-digit upside

The energy market has been ablaze with activity this year, particularly in crude oil. Witnessing a remarkable ascent, the WTI crude oil futures, America's primary oil price benchmark, have soared from almost $70 a barrel at the onset of the year to nearly $90 a barrel in recent times, up 23% year-to-date.

WTI's surge from $70 to nearly $90 a barrel, marking a 23% year-to-date increase, promises gains for oil companies, while the XLE has outpaced the market.