Benchmark U.S. crude oil for August delivery rose $1.21 to settle at $39.70 a barrel Monday. Brent crude oil for August delivery rose 69 cents to $41.71 a barrel.
Wholesale gasoline for July delivery rose 3 cents to $1.18 a gallon. July heating oil rose 3 cents to $1.17 a gallon. August natural gas rose 21 cents to $1.71 per 1,000 cubic feet.
Gold for August delivery rose $7.90 to $1,781.20 an ounce, silver for September delivery fell 3 cents to $18.06 an ounce and September copper rose 2 cents to $2.69 a pound.
The dollar rose to 107.69 Japanese yen from 107.19 yen. The euro rose to $1.1235 from $1.1227.
13 Stocks Institutional Investors Won’t Stop Buying
University endowments, pension funds, sovereign wealth funds, hedge funds and other institutional investors have recently been pouring money into a a group of 13 elite stocks.
These institutional investors don’t get easily swayed by hot stocks that are popular with retail investors. You probably won’t see a Tesla or a SnapChat in this group, because institutional investors know that these “popular kid” stocks almost always aren’t great investments. However, you will find some incredibly solid companies on this list backed by real earnings and real fundamentals.
In order to identify these stocks, we had to comb through every 13D and 13F filing that institutional investors have filed with the SEC in the last quarter. After reviewing more than 5,000 filings, we have identified 13 companies that institutional investors have been buying left. Big money investors are pouring hundreds of millions of dollars into these stocks.
View the “13 Stocks Institutional Investors Won’t Stop Buying”.