8 Best Retirement Stocks to Buy Now

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6. BP p.l.c. (NYSE:BP)

BP p.l.c. (NYSE:BP) ranks among the best retirement stocks to buy now. On May 11, Argus raised BP p.l.c. (NYSE:BP) to Buy from Hold with a $50 price target. BP’s adjusted net income for the first quarter of 2026 came in at $3.198 billion, a rise from $1.381 billion in the same period in 2025. The results outperformed Argus’ $1.14 per share expectation and the average projection of $0.91.

The stronger first-quarter earnings reflected higher upstream output, higher realized refining margins, and a significant contribution from oil trading. BP p.l.c. (NYSE:BP) predicts output to stay steady in 2026, in contrast to 2025, with capital expenditures ranging from $13.0 billion to $13.5 billion.

Meanwhile, on May 13, BP p.l.c. (NYSE:BP) stated that it had purchased a 40% stake in a production sharing agreement encompassing six oil and gas exploration zones in Uzbekistan’s Ustyurt area, indicating a return to conventional energy investments. The company had stepped away from exploration in the region back in 2021 as a consequence of a green energy policy.

BP p.l.c. (NYSE:BP) is an integrated oil and gas firm that offers carbon-related goods and services. Its operations are separated into three segments: Customers and Products, Oil Production and Operations, and Gas and Low Carbon Energy.

While we acknowledge the potential of BP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BP and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Retirement Stocks to Buy Now.

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