Why energy plays are for long-term investors

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 45 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Energy Sector News

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.

Enbridge stock has barely moved in the last few years, with ongoing issues. But there are still reasons that could make it work for investors. The post 3 Reasons to Buy Enbridge Stock Like There’s No Tomorrow appeared first on The Motley Fool Canada.Too wide a spread between interest rates here and in the U.S. could hurt the Canadian dollar and reignite inflationIf you're looking for growth, look for cheap stocks in the right sector. And these three Canadian stocks offer exactly that.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines