US stocks rise and oil prices slip
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ConocoPhillips is poised for growth amid rising oil prices with strong Q1 earnings and potential outperformance of major rivals. Learn more about COP stock here.
NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week.
Investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader regional crisis.
Conoco stock costs only 12.6 times earnings and pays a decent dividend. It's a good way to play heightened worries about oil supplies.
Analysts say U.S. oil stocks like TTI, PED, and EONR could gain as rising geopolitical risks drive crude prices and supply concerns.