Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for April 2024

Energy was the top performing sector in March and the run is far from over. From an allocation perspective, energy stocks are under-owned and could gain further ground as flows to the sector increase.There are several reasons to own energy stocks. First, demand has surprised to the upside, surpassing consensus expectations. Even the U.S. Energy Information Administration (EIA) expects global oil demand to increase by 1.4 million barrels per day in 2024 and 2025.Secondly, geopolitical tensions have flared up ...