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Stock impact report

Republicans are Buying These 10 Oil and Gas Stocks [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Energy stocks are in the limelight this year amid geopolitical tensions in the Middle East and recession fears. The performance of oil stocks so far has exceeded expectations this year, driven by supply cuts and a jump in oil price. Earlier this month, oil price inched up after OPEC and its allies decided to keep the existing output cuts through the end of June. Energy Stocks "Roared Back Like a Lion" Roth analyst Leo Mariani, while recently talking to Bloomberg, said that most investors were not expecting "anything out of energy" in 2024 but energy stocks "roared back like a lion." A Bloomberg report earlier this month cited brokerage data from Goldman Sachs which shows that hedge funds were selling off oil and gas stocks to pile into crude oil. But that doesn't mean oil and gas stocks are falling out of favor with institutional investors. In fact, energy stocks are shining this year as the broader market looks beyond technology stocks and pile into other sectors. The S&P 500 Show less Read more
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