Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Industrial Giant Impresses with 19% Gain

Dividend logo

If you want to see the definition of a roller coaster ride just pull up a chart of energy stocks or crude oil. The last few years have been marked with some pretty nasty and deep-reaching price swings. We had some of the best years for the sector ($110 per barrel oil, anyone?), followed by one or two of the worst. Boom was translated into bust.

After rebounding slightly, we could be right back in the thick of another downturn. And that, once again, is having some nasty effects on energy stocks. The broad-based Energy Select Sector SPDR Fund (XLE) is now trading at its lowest levels since President Trump was elected.

However, this dip could be a real opportunity for investors – even if it turns out to be prolonged. Today’s energy stocks are vastly different animals than those from even two years ago.

Find out dividend paying stocks in the basic materials sectors on our dedicated page here.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Shutterstock 171227999
News

The Market Wrap for July 21: More Record Closes for Stocks

So much for the summer doldrums. Over the last few trading sessions, stocks seemed to have...

News

Trending: Netflix Hits New High After Passing 100 Million Subscribers

Dividend.com analyzes the search patterns of our visitors each week. By sharing these trends with...

Premium Shutterstock 583226521
News

It’s Still All About Healthcare Costs

October is a critical month for retirees. It’s when they find out how much the cost of living...