Fidelity: The rally in energy stocks is not over, the sector is at the beginning of a new cycle
Last year, energy stocks benefited from rising oil and gas prices and a number of geopolitical risks, with the energy sector adding over 40% to the US S&P 500 stock index. This year, since the beginning of January, the energy sector has added just under 5%, but there is no reason to worry, according to experts at Fidelity Investments.
"The sharp slowdown in energy company share price… read more