Top Energy Stocks To Invest In Right Now

tags:LPL,ICCC,SID, What happened�

Shares of coal miner Cloud Peak Energy Inc. (NYSE:CLD) jumped as much as 25% in trading today as energy prices surged higher. The stock held most of its gains late in trading and was up 19.8% as of 3:10 p.m. EDT.�

So what

There wasn't any specific news from Cloud Peak Energy or the coal industry more broadly, so this looks like a move driven by energy enthusiasm from traders. The biggest jump of the day was oil, which is up 2.4% as I'm writing at $68.30 per barrel of WTI crude oil. That helped push oil stocks higher and Cloud Peak Energy went with it.

Image source: Getty Images.

This is a case where traders are thinking a company like Cloud Peak Energy could benefit from rising energy prices more than other stocks because it's highly leveraged. At the end of the first quarter of 2018, the company had $406.3 million of debt and lost $7.7 million last quarter. Any surge in prices would help turn the company toward profitability in the second quarter and debt should leverage its returns versus competitors. That's the theory for traders today.

Top Energy Stocks To Invest In Right Now: LG Display Co., Ltd.(LPL)

Advisors' Opinion:

• [By Ashraf Eassa]

  According to a new report from The Wall Street Journal (subscription required), Apple wanted to tap�LG Display�(NYSE:LPL) as a second source for OLED displays for the company's next-generation smartphones, but LG Display seems to be running into issues.�

• [By Steve Symington]

  The same sources noted that if Apple ultimately opts to launch more than three iPhone models in 2019, it may be forced to continue using LCD displays in at least one model because of manufacturing bottlenecks. But assuming Apple moves forward with its OLED-centric plans, it's likely it will continue sourcing OLED panels from Samsung Display -- which currently serves as Apple's sole OLED display provider -- while enlisting LG Display (NYSE:LPL) as a secondary supplier.

• [By Shane Hupp]

  ValuEngine downgraded shares of LG Display (NYSE:LPL) from a sell rating to a strong sell rating in a research note issued to investors on Tuesday.

• [By Evan Niu, CFA]

  Apple has been working to bring LG Display (NYSE:LPL) onboard as a second supplier, but the latter company has been hitting roadblocks in terms of manufacturing capacity and quality requirements. However, it sounds like LG is making progress.

Top Energy Stocks To Invest In Right Now: ImmuCell Corporation(ICCC)

Advisors' Opinion:

• [By Stephan Byrd]

  ImmuCell (NASDAQ:ICCC) released its quarterly earnings results on Monday. The biotechnology company reported ($0.04) earnings per share for the quarter, Bloomberg Earnings reports. ImmuCell had a negative net margin of 1.61% and a negative return on equity of 0.79%.

Top Energy Stocks To Invest In Right Now: National Steel Corporation(SID)

Advisors' Opinion:

• [By Dan Caplinger]

  Monday began the week on a solid note for the stock market, with the Dow Jones Industrial Average posting another triple-digit gain as the Nasdaq Composite�closed at a record high. Despite ongoing nervousness regarding trade, most investors remain convinced that the strong U.S. economy will be able to lead the way forward, pointing to Friday's employment report as the latest evidence of sustainable momentum. Good news regarding a host of companies both in the U.S. and abroad also helped buoy the market's mood. Fossil Group (NASDAQ:FOSL), Companhia Siderurgica Nacional (NYSE:SID), and Immunomedics (NASDAQ:IMMU) were among the best performers on the day. Here's why they did so well.

• [By Rich Smith]

  Brazilian steelmaker Companhia Siderurgica Nacional (NYSE:SID) stock lost 20% of its value in last month's sell-off, hurt by a shareholder dispute with management� and (probably) continued generally negative sentiment regarding South American stocks. This morning, however, shares of CSN are turning around, and trading up 13% as of 12:30 p.m. EDT.

• [By Ethan Ryder]

  Daiwa Securities Group Inc. reduced its stake in shares of Companhia Sider煤rgica Nacional (NYSE:SID) by 10.2% during the 1st quarter, Holdings Channel reports. The firm owned 374,200 shares of the basic materials company’s stock after selling 42,600 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Companhia Sider煤rgica Nacional were worth $984,000 at the end of the most recent reporting period.

• [By Stephan Byrd]

  Companhia Siderurgica Nacional (NYSE:SID)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $1.95 and last traded at $1.99, with a volume of 131251 shares. The stock had previously closed at $2.02.