Source: ThinkstockApril 13, 2018: The S&P 500 closed down 0.3% at 2,656.31. The DJIA closed down 0.5% at 24,360.86. Separately, the Nasdaq was down 0.5% at 7,106.65.
Friday was a down day for the broad U.S. markets with all three major indices pulling back after what seemed like a promising opening for the session. Crude oil continued its climb to close out the week. Although this was a small gain crude is reaching even closer to $70. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and utilities up 1.1%, and 0.7%, respectively. The worst performing sectors were financials and consumer discretionary which were down 1.5% and 0.5%, respectively.
Crude oil was up 0.3% at $67.28.
Hot Energy Stocks To Buy Right Now: Partner Communications Company Ltd.(PTNR)
Advisors' Opinion:- [By Joseph Griffin]
Partner Communications (NASDAQ: PTNR) and Hutchison Telecommunications Hong Kong (OTCMKTS:HTHKY) are both small-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, earnings, analyst recommendations, valuation, risk, dividends and institutional ownership.
- [By Money Morning News Team]
Partner Communications Co. Ltd. (Nasdaq: PTNR) is an Israeli-based mobile network operator, as well as an Internet and telephone provider. Founded in 1999, Partner was formerly operating under the umbrella of the French telecommunications company "Orange" until 2016.
- [By Lisa Levin]
Thursday afternoon, the health care shares rose 1.79 percent. Meanwhile, top gainers in the sector included Partner Communications Company Ltd. (NASDAQ: PTNR), up 8 percent, and Cellcom Israel Ltd. (NYSE: CEL) up 7 percent.
Hot Energy Stocks To Buy Right Now: Cheniere Energy Partners LP Holdings, LLC(CQH)
Advisors' Opinion:- [By Ethan Ryder]
Cheniere Energy Partners (NYSEAMERICAN:CQH) – Equities research analysts at US Capital Advisors boosted their Q2 2018 EPS estimates for shares of Cheniere Energy Partners in a research report issued to clients and investors on Monday, May 14th. US Capital Advisors analyst J. Carreker now expects that the energy company will post earnings of $0.57 per share for the quarter, up from their prior estimate of $0.54. US Capital Advisors also issued estimates for Cheniere Energy Partners’ Q3 2018 earnings at $0.57 EPS and Q4 2018 earnings at $0.57 EPS.
- [By Logan Wallace]
Shares of Cheniere Energy Partners (NYSEAMERICAN:CQH) have received an average rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $30.88.
- [By Paul Ausick]
Liquefied natural gas (LNG) producer Cheniere Energy Inc. (NYSEAMERICAN: LNG) has agreed to acquire all publicly traded shares that it does not already own in Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN: CQH) for $30.93 per share in Cheniere Energy stock. The transaction is expected to be tax-free to Cheniere Holdings shareholders. The proposed acquisition was first announced on May 17.
- [By Paul Ausick]
Cheniere Energy Inc. (NYSEAMERICAN: LNG) announced Thursday morning that it is acquiring the approximately 8.1% of subsidiary Cheniere Energy Partners Holdings LLC (NYSEAMERICAN: CQH) that it does not already own in an all-stock deal valued at $28.24 per share of Cheniere Partners Holdings.
- [By Reuben Gregg Brewer]
I wouldn't personally buy Cheniere Energy -- it has a complex corporate structure that includes not just Cheniere Energy Partners, L.P. but also Cheniere Energy Partners LP Holdings LLC (NYSE: CQH),�where the only asset is an ownership stake in Cheniere Energy Partners, L.P. Cheniere Energy is attempting to resolve this issue by acquiring Cheniere Energy Partners LP Holdings. Until that process is complete, however, that's just too much corporate complexity for my taste.
Hot Energy Stocks To Buy Right Now: TCP Capital Corp.(TCPC)
Advisors' Opinion:- [By Joseph Griffin]
TCP Capital (NASDAQ:TCPC)‘s stock had its “buy” rating restated by equities research analysts at National Securities in a research report issued to clients and investors on Monday. They presently have a $17.00 price objective on the investment management company’s stock. National Securities’ price target indicates a potential upside of 17.24% from the stock’s previous close.
- [By Joseph Griffin]
TCP Capital (NASDAQ:TCPC) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.