Essentially, if the broad market index rises by 1%, the following high beta stocks could jump by 1.5% or more.
The company has a beta value of 1.7 and is scheduled to report earnings on Tuesday.
Essentially, if the broad market index rises by 1%, the following high beta stocks could jump by 1.5% or more.
Goldman Sachs recently recommended the pullback in Devon Energy shares as a buying opportunity, citing the company's strong balance sheet as a factor.
The company has a beta value of 1.7 and is scheduled to report earnings on Tuesday.
Persons:
Stocks, Goldman Sachs, Wells Fargo, Gunnar Wiedenfels, Bing Guan
Organizations:
CNBC Pro, Dow Jones, Nasdaq, CNBC, APA Corp, APA, Devon Energy, Marathon, Marathon Oil, Nvidia, UBS, Qs, Warner Bros Discovery, Angeles Refinery, Reuters, Beta, APA APA Corp, Entertainment, Devon Energy Corp, Oil Corp, Targa Resources Corp, MGM MGM Resorts, HAL Halliburton, McMoRan, Aptiv, WYNN Wynn Resorts, Body, Semiconductor Corp, NVIDIA Corp, Zebra Technologies, Albemarle, Alaska Air Group
Locations:
Angeles, Carson , California, Freeport