Why Investors Are Piling Into These 5 Stocks Today

Momentum Traders Pile Into Capstone

Capstone Turbine Corporation (NASDAQ:CPST) shares are 22% higher due to optimistic sentiment in the oil and gas sector. After rallying since the beginning of March, natural gas futures are now above $2 in the United States, while Brent prices have already proven Dennis Gartman’s late-January assertion that crude would never top $44 again in his lifetime, wrong. Capstone Turbine Corporation makes microturbine energy systems that will benefit from higher energy prices. The company announced securing 8 megawatts of orders for multiple projects in Malaysia and Indonesia on April 11, that will add to the company’s backlog. Three elite funds that we treack held slightly over $300,000 worth of Capstone Turbine Corporation (NASDAQ:CPST) shares as of the end of 2015. As with all nano-caps, investors should do their due diligence before investing.

The Offshore Drilling Sector Might Not be Dead Just Yet

Offshore drillers Seadrill Ltd (NYSE:SDRL) and Ocean Rig UDW Inc (NASDAQ:ORIG) are 7% and 8% in the green respectively today as bullish traders position themselves for the upcoming oil producers’ meeting this weekend in Doha. Although many companies in the offshore sector will need considerably higher than $44 Brent for their businesses to fully turn around, the needle is certainly moving in the right direction. Brent and WTI prices have recently hit monthly highs and there is hope that Saudi Arabia and Russia will freeze their production even if Iran refuses to. 21 investors in our system owned Seadrill Ltd (NYSE:SDRL) on December 31, while 12 funds were long Ocean Rig UDW Inc (NASDAQ:ORIG).

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