American “Old Energy” Stock: Risky Buy for Oil's Comeback

The tech sell-off led to an influx of energy investors, but this American giant is a risky stock to hold onto. [Turn Your Images On] Green Zone Ratings [American “Old Energy” Stock: Risky Buy for Oil's Comeback]( [Turn Your Images On] [Charles Sizemore, Editor, Green Zone Fortunes]( Oil is back. The price of a barrel of West Texas Intermediate — a crude oil that we can use as a global oil benchmark — is back to late-2019 levels. But demand for oil is still lagging. Most of this price surge is due to production cuts, not increased use. Longer term, adoption of renewables such as solar and wind will eat away at demand growth. It’s been good news for major oil companies, at least in the short term. One American giant has more than doubled its share price, but investors should exercise caution. Our Green Zone Ratings system scores this stock at an 8 out of 100! [Click here to see why this is a “High-Risk” stock now.]( Suggested Stories: [A Highly Anticipated IPO; DocuSign Earnings Deep Dive]( [The 3 Easiest Ways to Eliminate Bear Market Fears]( --------------------------------------------------------------- FROM OUR PARTNERS ["Tesla Killer" Stock Set to Skyrocket 1,000 Times Over]( My friends complain all the time about charging their Teslas. It takes hours. Imagine their surprise when I told them about a brand-new green technology that charges in less than five minutes! It lasts hundreds of miles longer, is cheaper than batteries and can charge forever. And best of all, the tiny little-known stock behind it trades for only a few bucks. [Click here for the full story.]( --------------------------------------------------------------- Earnings Edge [Turn Your Images On] [Chad Shoop, CMT]( [Up in the Cloud: MongoDB and Cloudera Earnings Face-Off]( We are going sky-high in the Earnings Edge today! Two cloud-based companies report earnings this week: Cloudera Inc. (NYSE: CLDR) and MongoDB Inc. (Nasdaq: MDB). Both went public in 2017, but their stocks are heading in different directions. [Click here to see if either company is a buy amid earnings.]( Suggested Stories: [Tech? Value? Cover Both With 2 “Strong Bullish” Stock Buys]( [Our Latest Addition to the Cannabis Watchlist]( --------------------------------------------------------------- FROM OUR PARTNERS [SHOCKING: $100 Billion Surging Into the 5G Market]( What do Verizon, AT&T, T-Mobile, Dish Network, Charter Communications and Comcast have in common? According to Barron's, they're all participating in "secret bidding" to secure as much as $100 billion worth of 5G spectrum. The big winner in all of this frenzied spending? This little-known tech stock, which trades for less than $20 a share. [Get the scoop here...]( --------------------------------------------------------------- Chart of the Day [Turn Your Images On] [Michael Carr, CMT]( [Surging Inflation Is a Real Threat to Fixed-Income Investors]( Interest rates are still low by historical standards. The interest rate on 10-year Treasury notes, at about 1.6%, is almost 75% below its 40-year average of 5.7%. The Fed is buying massive amounts of Treasury securities, which forces rates down. Last week, Federal Reserve Chairman Jerome Powell assured traders that the Fed was planning to maintain this policy for some time. [But today’s chart is concerning for fixed-income investors — like retirees.]( Suggested Stories: [Fund Manager Warns of Staggering Stock Valuations]( [Overleveraged Companies Spell Market Doom]( --------------------------------------------------------------- 1985: The IRS reported that 407,700 Americans were millionaires — more than doubling the total from just five years before. 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