Josh Brown's best stocks in the market: Energy

Core Viewpoint - The energy sector is experiencing mixed performance, with some stocks showing potential for growth despite overall skepticism about the sector's stability [2][9]. Group 1: Top Energy Stocks - Valero is highlighted as the top stock in the energy sector, with an A+ rating and a breakout chart indicating strong performance [2][3]. - Marathon is rated as an A, showing no sellers and a flat 200-day moving average, suggesting potential upward movement [4]. - Baker Hughes is rated B+, recognized as a leading oil field service company, with a breakout potential and a stop at $42 [5]. - Philip 66 is rated C but has the potential to improve to B, as it has maintained a high position in the market [6]. - Chevron is also rated C, with a significant dividend and buyback program, but facing resistance at higher price levels [7][8]. Group 2: Market Context and Performance - The energy sector is currently the best performing sector, with refiners showing strong momentum in price and earnings growth [11][12]. - Stable energy prices, particularly oil in the low $60s, are beneficial for refiners like Valero, Marathon, and Phillips [11]. - The overall sentiment in the energy sector remains cautious, with some investors expressing concerns about overleveraging in their positions [11][12].