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APA Corporation (NASDAQ:APA<\/a>) is included among the 15 Best Cheap Dividend Stocks to Buy<\/strong><\/a>.<\/p>\n On April 7, BMO Capital raised its price recommendation on APA Corporation (NASDAQ:APA) to $47 from $35. It kept a Market Perform rating. The update came as part of a broader research note. The firm adjusted its models with updated Q1 mark-to-market assumptions. These changes reflect the war in Iran and continued oversupply in the North American natural gas market. The analyst said oil and equity markets are sitting at a critical point, waiting for the next move from Donald Trump.<\/p>\n If the conflict ends and flows through the Strait of Hormuz, oil prices could settle in a $75-$85 per barrel range. If tensions rise and the Strait remains shut, prices could climb to $150-$200 per barrel, the analyst tells investors in a research note. BMO added that the economic cost of a prolonged conflict would be too high. The firm expects the war to wind down by the end of April.<\/p>\n APA Corporation (NASDAQ:APA) is an independent energy company. It owns subsidiaries that explore for and produce oil and natural gas in the United States, Egypt, and the United Kingdom, and also explores offshore Suriname.<\/p>\n While we acknowledge the potential of APA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the\u00a0best short-term AI stock<\/strong><\/a>.<\/p>\n READ NEXT:\u00a015 Blue Chip Stocks with Highest Dividends<\/a>\u00a0and\u00a013 Bank Stocks with Highest Dividends<\/a><\/b><\/strong><\/p>\n Disclosure: None. Follow Insider Monkey on Google News<\/b><\/a>.<\/b><\/p>\n<\/p><\/div>\n