5 Best Energy Stocks to Buy in June 2021
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Here is a list of 5 best-performing energy stocks to buy at the earliest by investors looking for better ROI.
Buy Energy Stocks at eToro, the World’s #1 trading platform!
1. Suncore (NYSE:SU)
With a market capitalisation of $37.49 billion, this US stock listed under the NYSE seems like a better option than many of its peers active in the same industry of Energy Minerals. The price per share for SU is just over $24.8 which is not too high or too low to scare away potential buyers.
In terms of technical analysis, Suncore Energy Inc. is under the strong buy zone as signalled by RSI (56.21), MACD (0.37), EMA (24.66), and SMA (24.73).
67% of all retail investor accounts lose money when trading CFDs with this provider.
2. Chevron Corporation (NYSE:CVX)
Chevron Corporation is a US-based company that engages in several energy sectors through its many subsidiaries worldwide. The company functions in two segments Upstream and Downstream with a total market capitalisation of $207 billion. Its balance sheet shows improvements in 2019-2020 figures.
RSI (51.19), SMA (107.18), EMA (106.84), MACD (0.14) indicate a strong buy position forming for CVX shares in the upcoming days.
67% of all retail investor accounts lose money when trading CFDs with this provider.
3. Devon Energy Corporation (NYSE:DVN)
Expecting the next earnings report on August 3 has investors hoping for some more improvements for this stock. Currently, the market capitalisation of Devon is at $19.9 billion with an individual share price of $29.5.
Technical indicators like MACD (0.66), RSI (58.14), SMA (28.76), and EMA (29.02) are putting it in a safe to invest buy zone.
67% of all retail investor accounts lose money when trading CFDs with this provider.
4. Alpha Metallurgical Resources Inc. (NYSE:AMR)
It is a renowned mining company engaging in Coking Coal through two segments called Met and CAPP-Thermal. They have a total of 5 active mines and preparations plants under its undertaking. Its total market capitalisation of $471.3 million. The individual price per share is currently at $25.7 with an uptrend of 5.8%.
Indicators are leaning towards a buy price action rather than a neutral signal for AMR at the moment. RSI (72.41), EMA (23.07), MACD (1.88), and SMA (22.97).
67% of all retail investor accounts lose money when trading CFDs with this provider.
5. Laredo Petroleum Inc. (NYSE:LPI)
This independent energy company is based in the US and has a total market capitalisation of $1.6 billion. Its shares recognised by the ticker symbol LPI are currently exchanging hands at $90.6 with a +4.5% uptrend.
From a technical point of view, LPI is in a rather long buy zone for investors interested in the energy sector. MACD (8.60), EMA (76.50), RSI (82.71), and SMA (73.44) put it in a stable zone.
67% of all retail investor accounts lose money when trading CFDs with this provider.
Buy Energy Stocks at eToro, the World’s #1 trading platform!
