Why energy plays are for long-term investors

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Energy Sector أخبار

Stewart Glickman,Chief Market Strategist,Sarah Hunt

The energy sector (XLK) has continued to outperform throughout 2024. Alpine Saxon Woods Chief Market Strategist Sarah Hunt and CFRA Energy Equity Analyst and...

) has continued to outperform throughout 2024. Alpine Saxon Woods Chief Market Strategist Sarah Hunt and CFRA Energy Equity Analyst and Deputy Research Director Stewart Glickman join Market Domination to share insight on navigating this sector.

Hunt acknowledges that supply and demand issues have been a headwind for the sector since the pandemic. However, with an"energy transition underway" she remains bullish on energy"from a longer-term perspective." She also highlights the significant consolidation within the sector, with companies combining forces to boost operations and enhance their competitive edge.

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