Oil stocks are the new FAANGs

Many investors, including Warren Buffett, are betting that higher crude oil prices are here to stay for a while. It’s a good wager, thanks to the spike in oil prices from about $75 a barrel at the end of last year to above $100 now. Nearly all of the top performers in the S&P 500 this year are energy stocks.

(SOURCE) https://www.cnn.com/2022/05/10/investing/oil-energy-stocks/index.html

Share:


Related Posts

Pakistan pleads for international help as parts of country 'resemble a small ocean'

Pakistan is racing to prevent further loss of life as the country reels...

Beneath Biden's struggle to break through is a deeper dysfunction among his aides

Being familiar never makes the feeling less dreadful: White House aides emailing each...

Leave a Comment

Your email address will not be published. Required fields are marked *

Add Comment *

Name *

Email *

Website