Page 26 - Dorsey Wright News Today

Dorsey Wright & Associates grew its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Get Rating) by 6.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,612 shares of the computer hardware maker’s stock after purchasing an additional 1,556 shares during the quarter. NVIDIA […]

Zacks Investment Research lowered shares of Pixelworks (NASDAQ:PXLW – Get Rating) from a buy rating to a hold rating in a research note issued to investors on Wednesday, Zacks.com reports. According to Zacks, “Pixelworks Inc. design, develop and market semiconductors and software that enable the visual display of broadband content through a wide variety of […]

Preferred Apartment Communities (NYSE:APTS – Get Rating) had its target price hoisted by equities researchers at Truist Financial from $17.00 to $25.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s target price points to […]

Permian Basin Royalty Trust (NYSE:PBT – Get Rating)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.38 and traded as high as $12.51. Permian Basin Royalty Trust shares last traded at $12.19, with a volume of 420,118 shares. The stock has a […]

Oil prices are rising, and while some forecasts for the commodity are drifting as high as $130 per barrel, some market observers view that as unlikely.

Following the coronavirus-induced oil bear market of 2020, investors may not be thinking there are a lot of opportunities in the energy patch.

After ranking as the best-performing sector in the S&P 500 last year, energy is up to its old tricks again to start 2022.

Dividend stocks struggled relative to the broader market, but a number of dividend ETFs generated returns of 30% or more.

Markets continue to be choppy as they are pushed up by increasingly hopeful news regarding the severity of Omicron and then back down again as the job market continues to tighten and put greater inflationary pressures on the economy.

Up almost 80% year-to-date, the Invesco DWA Energy Momentum ETF (PXI) keeps on pushing higher as the momentum factor continues to provide the necessary tailwinds.