Best Commodity Stocks, ETFs

Plus, Alibaba's U.S. listing.

Steven Lerner
Steven Lerner

Today is Monday, August 1, 2022.

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Best Commodity Stocks, ETFs

It’s time to take advantage of high commodity prices through stocks and exchange-traded funds (ETFs), says Tom Kennedy, a managing partner for Global Wealth Advisors, in a new episode of the Early Bird podcast.

Bullish: Kennedy said that some oil and gas stocks have room to run for the rest of the year due to the current state of supply and demand.

High Hopes: While the price of oil for WTI Crude is about $100 per barrel, Kennedy says that the price could go above $130 by the end of the year.

Earnings: The financial earnings for oil and gas companies will also be positive, according to Kennedy.

Final Thoughts: Which three natural gas stocks does Kennedy like the most and what are his favorite energy ETFs? Find out by listening to a new episode of the Early Bird podcast.


Notable Earnings Today: ON Semiconductor (Nasdaq: ON), Devon Energy (NYSE: DVN), Builders FirstSource (NYSE: BLDR), Pinterest (NYSE: PINS), Alliance Resource Partners (Nasdaq: ARLP), Diamondback Energy (Nasdaq: FANG), Global Payments (NYSE: GPN), Activision Blizzard (Nasdaq: ATVI), Check Point Software Technologies (Nasdaq: CHKP), Mosaic (NYSE: MOS), Affiliated Managers Group (NYSE: AMG), Avis Budget Group (Nasdaq: CAR), Lindblad Expeditions Holdings (Nasdaq: LIND), Transocean (NYSE: RIG), Ranger Energy Services (NYSE: RNGR), CF Industries Holdings (NYSE: CF), Jacobs Engineering Group (NYSE: J), Simon Property Group (NYSE: SPG), Ceragon Networks (Nasdaq: CRNT), Arista Networks (NYSE: ANET), Aflac (NYSE: AFL), Amkor Technology (Nasdaq: AMKR), Ameresco (NYSE: AMRC), DaVita (NYSE: DVA), Genworth Financial (NYSE: GNW), Global Blood Therapeutics (Nasdaq: GBT), Leggett & Platt (NYSE: LEG), Otter Tail (Nasdaq: OTTR), SBA Communications (Nasdaq: SBAC), Vornado Realty Trust (NYSE: VNO), World Wrestling Entertainment (NYSE: WWE).

Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: Bemo Band (StartEngine), Magnuss (StartEngine), SORxSOAP (Netcapital), ToneStone (Republic).

Notable Economic Events Today: Manufacturing PMI (9:45 a.m. ET), ISM Manufacturing PMI (10:00 a.m. ET), ISM Manufacturing Employment (10:00 a.m. ET).

Alibaba Wants to Maintain U.S. Listing

Photo by Tomas Eidsvold / Unsplash

Amid a push by the U.S. Securities and Exchange Commission to potentially delist Alibaba Group Holding (NYSE: BABA) and certain other Chinese companies over auditing issues, the e-commerce giant reportedly plans to keep its New York Stock Exchange listing.

Details: According to Reuters on Sunday, Alibaba said that it “will continue to monitor market developments, comply with applicable laws and regulations and strive to maintain its listing status on both the NYSE and the Hong Kong Stock Exchange.”

Final Thoughts: Alibaba reports financial earnings on Thursday.

Equity Crowdfunding Spotlight: Athyna

Briefly describe your business. We're the one-stop shop for hiring talent globally. Payroll, benefits, and taxes for your global team. In minutes. We have a marketplace and also products to hire and manage your own talent as contractors or employees (EOR). Think Andela meets Deel.

What are the terms of the investment for your campaign? A $20M valuation cap. Early Bird Bonus: First $500K will invest in a SAFE with a $16M valuation cap. A Future Equity Agreement (SAFE) gives you the right to future shares. If you invest, you are betting the company will be worth + $20M eventually. See Wefunder for more info.

What makes your startup special? Why will it succeed? It's a unique value proposition in one of the hottest markets (HR Tech) for the Future of Work. Add to that the fact that we have an incredibly strong brand and an All-Star team with an incredibly strong culture, we are positioned to excel.

Going EV: Toyota-Panasonic battery JV to buy lithium from ioneer's Nevada mine (Reuters)

Unexpected: China’s Rebound Remains Fragile as Factories, Property Slump (Bloomberg)

Top Security: Philosophically, It Doesn’t Matter Whether Cryptos Are Securities; Practically, It Does (CoinDesk)

Another Way to See Things: Bitcoin Mining Isn’t Wasteful — It Creates Abundance (Bitcoin Magazine)

Everything is Fine: The Power of Positive Thinking Returns to Markets (The Wall Street Journal)

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