CVR EnergyNYSE: CVI

CVR (CVI) could see an increase in value due to increasing confidence in its earnings potential, as evidenced by its upgrade to a Zacks Rank #1 (Strong Buy).

At Zacks, we prioritize the reliable Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. Additionally, we continuously monitor current value, growth, and momentum trends to highlight solid investment choices.

The energy sector is experiencing a significant transformation due to worries about climate change and the viability of fossil fuels. While most energy stocks are impacted, these particular ones to steer clear of also face additional challenges.

Icahn holds significant investments in CVR Energy, Southwest Gas Holdings, and Occidental Petroleum, each with varying levels of risk, leading to a diversified energy portfolio.

CVR Energy (CVI) ended the latest trading day at $32.82, up by 0.83% from the previous session.

CVR (CVI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Here is how CVR Energy (CVI) and Saipem (SAPMF) have performed compared to their sector so far this year.

CVR (CVI) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Billionaire investor Carl Icahn developed a reputation as a corporate raider in the 1980s but is better known today as a shareholder activist. He buys large stakes in undervalued companies to push for changes, often through gaining seats on boards of directors.