The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sector this year, spiked on Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
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President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
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Walmart said Monday it's relaunching the once-beloved trendy New York fashion brand, Scoop NYC, on its website nationwide and in select stores.Retailread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The subpoeana from Manhattan District Attorney's Cyrus Vance Jr.'s , for President Donald Trump's tax returns, was issued last month to Trump's accounting firm, Mazars.Politicsread more
Amazon and a little-known energy company are Wall Street analysts' favorite stocks based on highest percentage of buy ratings.
Both the online retailing juggernaut and Diamondback Energy are universally loved on Wall Street, with all analysts that cover the stocks rating them a buy. They are the only two out of 500 stocks where that's the case, according to FactSet.
CNBC used FactSet to screen all companies looking for the stocks with the highest percentage of buy ratings compared with total ratings. We threw out companies that had less than 10 analysts covering them.
Amazon, the world's second most valuable company behind Microsoft, grew its share of the U.S. e-commerce market to 42% in 2018, according to J.P. Morgan. The bank expects Amazon, whose stock has surged more than 2,000% in the past decade, to surpass Walmart as the largest U.S. retailer in 2020. Amazon shares are up 23% this year.
"The highest quality management and franchise within global internet – a must own name with huge upside even from here," Pivotal Research's Michael Levine said in a note to clients about Amazon. "AWS duration will surprise to the upside both on topline and EBIT and the move towards one day shipping is a significant step to owning the consumer's wallet."
Amazon's accumulation of 47 buy ratings on the Street may not come as a surprise given its dominance in the e-commerce space. However, tied for first place is oil and gas drilling company Diamondback Energy.
Diamondback, which drills exclusively in the Permian Basin, reported last month that its oil and natural gas production more than doubled more than doubled from a year ago to 263,000 barrels of oil equivalent per day. The company was one the biggest energy sector gainers in May after the biding battle for Anadarko Petroleum.
Analysts believe Diamondback shares will jump 64% over the next 12 months, based on their average price target collected by FactSet.
In May, Bank of America Merrill Lynch added Diamondback to its prestigious US 1 list, with a $170 price target. The bank said shares of Diamondback have underperformed but its fundamentals have improved.
"FANG remains a top pick on continued benefits from a transformational recent acquisition, top-notch execution, increased shareholder friendly initiatives and above-average oil leverage," Bank of America's Asit Sen said in a note to clients.
Diamondback acquired rival Energen in a $9.2 billion deal last year. The shares are down 17% over the last month.
Last month, data center services company Equinix had its second-best booking quarter on record and had its highest level of organic growth since 2015, according to Guggenhiem, which has a price target of $505.
Equinix, whose stock is up more than 42% this year, has 200 data centers across five continents.
"We believe the company is increasingly well positioned as significant capacity additions through the year are set to meet consistent demand - evident in two consecutive strong bookings quarters, and meaningful step-ups in organic growth," Guggenheim's Robert Gutman said in a note to clients.
The health-care industry has the most stocks on the list, including UnitedHealth, Agilent and Boston Scientific. Paradoxically, worries from investors over drug pricing reform and "Medicare for All" changes have weighed on some health-care stocks in recent months.
— With reporting from CNBC's Michael Bloom.
Correction: This story has been updated to reflect that Diamondback Energy produced 263,000 barrels of oil equivalent per day in the first quarter.