The post Experts Discuss If You Should Buy Energy Stocks appeared first on theprimarymarket.com.
]]>Throughout this year, people had been investing like crazy into energy stocks—but come summertime, people started to pull back due to rumors that there was an impending recession on the horizon. However, it seems as though some of those recession worries have started to fade, and people are now wondering again if they should invest in the market.
Here’s what energy analyst Stewert Glickman had to say on the matter: “We still think we are in the early stages of a longer-term period where crude oil and natural gas prices remain fairly high by historical standards. In practical terms, this means crude oil likely in a range of $80/b – $100/b (WTI) (CL=F), and at those price points, many energy firms should have strong earnings power and throw off a lot of free cash flow.”
In other words, it’s still not a bad bet at all to invest in energy—but it’s also not necessarily a sure thing.
The post Experts Discuss If You Should Buy Energy Stocks appeared first on theprimarymarket.com.
]]>The post Experts Discuss If You Should Buy Energy Stocks appeared first on theprimarymarket.com.
]]>Throughout this year, people had been investing like crazy into energy stocks—but come summertime, people started to pull back due to rumors that there was an impending recession on the horizon. However, it seems as though some of those recession worries have started to fade, and people are now wondering again if they should invest in the market.
Here’s what energy analyst Stewert Glickman had to say on the matter: “We still think we are in the early stages of a longer-term period where crude oil and natural gas prices remain fairly high by historical standards. In practical terms, this means crude oil likely in a range of $80/b – $100/b (WTI) (CL=F), and at those price points, many energy firms should have strong earnings power and throw off a lot of free cash flow.”
In other words, it’s still not a bad bet at all to invest in energy—but it’s also not necessarily a sure thing.
The post Experts Discuss If You Should Buy Energy Stocks appeared first on theprimarymarket.com.
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