Sunday, August 18, 2019

Barrons weekend summary

Barrons weekend summary: cover story positive on oil & gas stocks; 

positive features on AEO, IAC - Oil & gas stocks may be bottoming out with Wall Street having largely abandoned the sector, even though many names provide large dividends (BP CPG.CA CVX CXO DO EOG HAL OXY PSX PXD RDS.A RIG RRC SLB SU.CA SWN VLO XOM CPG RIGN.CH SU)

- Positive feature on AEO: retailer is managing to gain market share in a difficult retail environment, thanks in part to its successful Aerie intimates chain.

- Positive feature on IAC: Barrons note that IAC has appreciated this year largely thanks to its 81% stake in MTCH, which itself has seen strong growth driven by soaring Tinder membership. The growth in MTCH may, however, be obscuring the value of the parent company.