Compared to 2019 and, indeed, to the whole decade’s plentiful returns in the market, the energy sector hasn’t provided investors with much to shout about. The S&P 500’s 29% addition this year dwarfs the sector’s 8% increase.Apart from lacking the obvious “sexy” factor of the high-flying tech sector, the in-demand semiconductor companies or the innovative biotech industry, energy stocks have lagged behind due to macro trends such as low oil and natural gas prices. Climate change has played its part, too, as more socially conscious investors have shied away from oil and gas stocks.Against this backdrop, TipRanks, a company that …read more
Source:: Yahoo Finance
