Standard & Poor's reports ongoing confidence in energy stocks, favoring investment strategies that overweight exposure to this sector. The independent financial research firm's council of senior econo..
Standard & Poor's reports ongoing confidence in energy stocks, favoring investment strategies that overweight exposure to this sector. The independent financial research firm's council of senior economists and equity analysts based its position on attractive valuations and high earnings visibility amid a slowing economic environment.
"Energy stocks in the S&P 500 Index beat the '500' in 2004 and 2005, as well as in the three-year stretch of 2000 – 2002. But lengthy periods of market outperformance are not uncommon for these issues," says Sam Stovall, the company's chief investment strategist.
The energy sector overall is projected to post an 11% year-over-year increase in operating
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