first_imgWhy has the Shell share price climbed 45% since October’s low? Alan Oscroft | Monday, 23rd November, 2020 | More on: RDSB 5 Stocks For Trying To Build Wealth After 50 Enter Your Email Address Image source: Getty Images. Simply click below to discover how you can take advantage of this. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img Our 6 ‘Best Buys Now’ Shares Royal Dutch Shell (LSE: RDSB) did something this year that many investors had considered unthinkable. In the wake of the Covid-19 pandemic, the oil giant slashed its dividend. That’s been the story of dividend stocks across the FTSE 100 this year. But Shell is different. Shell had never cut its dividend since the Second World War. The Shell share price plummeted, and sat on a 60% loss less than a month ago.Since a recent low on 28 October, Shell has rebounded with a 45% jump. Why the sudden change in fortunes? Well, it’s mostly down to the general market upturn as a result of Covid-19 vaccine developments. We now have three vaccines that have yielded very positive results in trials. The FTSE 100 has itself gained 15% since these results started coming in.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Shell share price bouncing backBut why has the Shell share price rebounded so much more strongly than the index? Essentially, it looks like a result of the size of the fall in the first place. By mid-March, when Shell shares had crashed 60%, the Footsie was down only around 30%.I really was surprised by the extent of the market’s hostile reaction to Shell’s dividend cut, and I think the sell-off was seriously overdone. After all, Shell, and other big oil companies like BP, are surely among the most long-term of long-term investments? And they’d surely suffer less than those with much shorter-term risks?But the dividend cut really does seem to have shocked the investment world, as the huge Shell share price crash shows. If any stock was thought of as a reliable long-term investment, surely it was Shell. After all, Shell weathered the 1970s oil crisis, and the more recent oil price slump, without a dividend cut. So why should the pandemic necessitate one?It’ll never be the same againIt looks like there are two key reasons why the Shell share price is under sustained pressure now. Firstly, while we’re all captivated by the coronavirus threat, it’s easy to miss the fact that we’re in another oil price slump. When the last one eased, production levels still remained high, and the glut continued to hold prices back.And with the sudden fall in demand in 2020, the price of a barrel crashed below $20 in May. It has recovered to around $45 as I write, but still below the $75 or so levels that I look for to support long-term oil stock investment.On top of that, there’s the increasing pressure to wean ourselves away from fossil fuels. That’s nothing new, and it’s been on the back burner for years. But it has assumed a keener focus in 2020. And it’s already led to drastic new plans from BP, for example.No more oil?BP’s strategy includes a tenfold increase in low-carbon investment by 2030, rising to eightfold by 2025. And hydrocarbon production down 40% by 2030, emissions from operations down 30%–35%, upstream emissions down 35%–40%… the list goes on. Pressure on the sector to move in the same direction seems unavoidable, and I can see Shell share price weakness for quite some time to come.But even with the rebased dividend, analysts still put future yields at around 4.5%. I think 2020 could still prove to be a good time to buy Shell. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your free copy of this special investing report now! Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Alan Oscroftlast_img read more