Today’s stock pick update

Gasoline futures rose to their highest levels in nearly three years overnight on news that the largest pipeline in the U.S. remains closed today following a cybersecurity attack on Friday. Colonial Pipeline said on Sunday that it is still working on a plan for restarting the pipeline and would only bring it back online when it is “safe to do so, and in full compliance with the approval of all federal regulations.” Colonial halted all operations on its system late Friday a...

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Revolve Group Inc (NYSE: RVLV): Revolve Group shares jumped nearly 16% on Friday after the retailer reported first quarter results. “We delivered record quarterly net sales in the first quarter of 2021, highlighted by growth of 22% year-over-year and 30% over the first quarter of 2019, with meaningful acceleration in growth during March,” co-founder and co-CEO Mike Karanikolas ...

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Where is HFC’s bargain price today?

One of the sectors that has rallied strongly since November of last year is the Energy sector. Stocks in this sector marked some of the biggest values in the market for most of 2020. An increase in travel, vacations, cruises and other leisure activities generally bodes well not only for industries that provide those services, but also for the Energy sector, as demand for oil should also increase. That means that many of the companies in the Energy sector could still provide attractive investi...

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Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, Devonian, and Waddell fields located in Crane County, Texas. As of December 31, 2020, the Waddell Ranch properties contained 221 net productive oil wells, 39 net productive gas wells, and 67 net injection wells. The company also h...

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