Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Photo by Justin Sullivan/Getty ImagesGetty ImagesThe underperforming energy sector has been recovering. The sector relative strength has risen from last place to number six. Since 2000, this level of improvement has led to higher prices over the next four weeks in seven of eight cases. The internal readings such as breadth are improving within the sector; the advance-decline has hit a new high. These positive developments are occurring in the bullish March-April time frame. April has brought higher prices i ...

Marathon Petroleum (MPC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this refiner have returned +19.1% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Oil and Gas - Refining and Marketing industry, to which Marathon Petroleum belongs, has gained 9.5% over this period. Now the key question is: Where could the stock be h ...

The most recent trading session ended with Marathon Petroleum (MPC) standing at $197.75, reflecting a +0.6% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 1.25%.The refiner's stock has climbed by 19.65% in the past month, exceeding the Oils-Energy sector's gain of 5.25% and the S&P 500's gain of 3.56%.The upcoming earnings release of Marat ...

FINDLAY, Ohio, March 19, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, April 30, 2024, at 11 a.m. EDT to discuss 2024 first-quarter financial results. Interested parties may listen to the conference call by visiting MPC's website at www.marathonpetroleum.com. A replay of the webcast will be available on MPC's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior ...

Of late, the refining companies have been dominating headlines in the Oil/Energy space. On Friday, the stock prices of Valero Energy (VLO) , Marathon Petroleum (MPC) and Phillips 66 (PSX) climbed to their all-time highs of $166.10, $195.12 and $159.74, respectively. On the day, each of them saw their share price increase about 3%. This jump marks a year-to-date ascent of somewhere between 20% and 30% for the operators.Reasons Behind the RallyObviously, the recent rise in oil prices has played a key role in ...

MichaelRLopez Marathon Petroleum Corporation (NYSE:MPC) has continued to be a strong performer with shares recently hitting a 52-week high, up nearly 50% from a year ago. Since reiterating MPC as a strong buy in November, shares have risen a further 27%, more than doubling the S&P 500's gains. With this rise, shares have reached my ~$186 price target, making now an appropriate time to revisit shares, as valuation may not be as compelling as it once was. I come to the conclusion that MPC is still a buy. Seek ...

In the latest trading session, Marathon Petroleum (MPC) closed at $188.98, marking a +0.05% move from the previous day. This change outpaced the S&P 500's 0.29% loss on the day. At the same time, the Dow lost 0.35%, and the tech-heavy Nasdaq lost 0.3%.Heading into today, shares of the refiner had gained 11.19% over the past month, outpacing the Oils-Energy sector's gain of 6.58% and the S&P 500's gain of 4.42% in that time.The upcoming earnings release of Marathon Petroleum will be of great interest to inve ...

Marathon Petroleum (MPC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this refiner have returned +3.3%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Oil and Gas - Refining and Marketing industry, which Marathon Petroleum falls in, has lost 0.1%. The key question now is: What could be the sto ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Marathon Petroleum (MPC) .Marathon Petroleum currently has an average brokerage recommendation ...