Gas prices could surge to over $4 a gallon this summer.
But instead of sweating at the pump you could be raking in the profit with these top oil stocks to buy.
You see, higher demand could mean higher gas prices across the United States as we enter the summer.
AAA is forecasting gas prices could hit $4 a gallon this summer.
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Joseph Papa, the CEO of Bausch Health Cos. Inc., was hired in 2016 to help turn the pharmaceutical company around.
Instead, he is breaking it up. But he's not crazy.
He's caught on to the fact that bigger isn't always better.
You see, Bausch Health and its subsidiary, Bausch + Lomb eye care, are two great companies… but together, they aren't exactly chocolate and peanut butter.
Papa has realized that the only thing worse than no partnership at all is a bad partnership. So he's letting Bausch + Lomb become its own $3.1 billion business.
This means that both companies will be free to focus on their own business models, their own specialized products, and their own target markets.
It's a move that's going to create billions in new shareholder value.
And while I applaud the move, I think that there's an even better way to cash in on corporate spinoffs like this one.
That's because Joseph Papa's move is part of a massive trend that will be extremely profitable for investors… Full Story
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Oil prices have recovered nicely since the madness of negative prices back in March when Saudi Arabia and Russia decided to engage in a price war just as the coronavirus swept across the globe crushing demand.
While the recovery probably helped hold off a wave of bankruptcies among shale producers, it is unlikely we see too much more of an increase in oil prices.
The demand will not be high enough to push prices significantly higher…
The world economy was weak before the coronavirus shut down a vast swath of the global economy.
The post virus recovery will take a long time, so it is likely oil prices remain range-bound for an extended period.
You see, the drop in prices caused steep sell-off in almost all energy-related securities over the past several months.
The midstream segment that transports and stores oil got hit right along with producers.
And that has created a massive opportunity for these two high yield dividend stocks...
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The Dow Jones Industrial Average is down another 1,500 points on Thursday morning as it continues to plunge into a Bear Market.
U.S. stocks futures hit "limit down" for the second time this week.
Investors reacted negatively to a speech by President Trump last night that laid out plans to provide fiscal stimulus to the economy, but remained somewhat vague on specifics.
The core action – banning travel between the U.S. and Europe for 30 days – pummeled the European markets overnight.
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