By David Fessler In this article, David Fessler of Profit Trends explains why investors are moving out of oil. And where are they going instead? Fessler reveals that the smart money play is now in renewable energy stocks. Here’s why.
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Last week, I wrote about the nightmare unfolding in the crude oil sector.
Due to COVID-19, millions of commuters are staying home. And oil companies are going to be the biggest losers.
Investors are already running away from the sector in droves.
The big question is, where is the smart money going?
Horrifying Times
Over the last five years, 215 oil and gas producers have filed for bankruptcy. And …read more
