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Energy Power Stock Up in 2022 (Huge Gains Since May!)

Energy Power Stock Up in 2022 (Huge Gains Since May!)

Energy stocks are a bright spot in this down market.

The Energy Select Sector SPDR Fund (NYSE: XLE) is up roughly 30% over the last 12 months.

Energy stocks benefit from a perfect storm:

  1. Soaring prices for oil and natural gas.
  2. Demand that far outpaces supply.

That leads me to the 97-rated Power Stock I have for you…

The post Energy Power Stock Up in 2022 (Huge Gains Since May!) appeared first on Money & Markets, LLC.