A robust oil outlook on stronger than expected demand this year should provide a "hot summer" for energy stocks, according to Morgan Stanley. The investment bank has upgraded the energy sector to "attractive" as crude oil demand forecasts have improved on better-than-expected economic growth in the major economies. Morgan Stanley's top picks to play the oil rally are BP , TotalEnergies and Repsol . The bank expects demand growth of 1.
Analysts are saying this chipmaker, which just held an AI event, is the most levered to the trend besides Nvidia
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