How one outperforming energy investor is playing the jump in oil prices
By all accounts traditional energy investors — those targeting oil and gas companies — are having a good year. West Texas Intermediate crude oilOn Wednesday, the stock market surpassed $84 for the first-time in seven years. energy sector is far and away the top-performing S&P 500 group this year. However, the gains come after years of low performance due to investors fleeing the sector. However, the 2021 return is remarkable.
One market-beating portfolio manger believes that the group is only getting started.