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March's Energy Stock Sizzlers: 3 Picks Ready to Ignite
CVXChevron(CVX) InvestorPlace·2024-03-18 17:26

Energy stocks are heating up, and the sector is poised for a sizzling end to the first quarter. As a leading sector exchange-traded fund (ETF), the Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) has already jumped 8.0% year-to-date (YTD), outpacing the S&P 500’s 7.2% gain—tight supplies, geopolitical risks and rising global energy demand fuel the sector’s outperformance. Oil prices are expected to remain elevated in the months ahead, setting the stage for strong profitability and stock gains. Meanwhile, ene ...