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Energy Sector Roulette: Bullish Signals, Sluggish Projections
The Energy sector has the highest percentage of analyst buy ratings (around 64%) of all S&P sectors in the US stock market. The kicker, however, is that these same analysts project Energy to have the smallest price increase (a mere 10.7%) among all sectors in the next 12 months. So, is the energy sector worth buying or not? Does it have room to run, and if so, how far can it go? We can see the tailwinds (recovering fuel demand and elevated oil and gas prices), but do we see any headwinds along the way? OPEC+'s Surprise Power Play: In an unexpected move, the oil cartel slashed oil production by a whopping 1.66 ... (full story)