Although not many investors seem to know or care, energy stocks continue to trade incredibly well. Breakout energy stocks continue to push to multi-month highs, churning out gains. You wouldn’t know that with just a glance at the sector, though.
After rallying for three straight weeks and climbing 15% off the May low, the Energy Select Sector SPDR Fund (NYSEARCA:XLE) is now flat on the year. Further, the ETF is up about 8.5% over the last month.
With that in mind, many breakout energy stocks have been outperforming the ETF. Let’s look at a few top names now.
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