5 Top Energy Stocks to Consider Buying Now
Energy stocks trailed the market by a significant margin in 2017, with most sinking even though it rose nearly 20%. That's despite the fact that oil rebounded about 8% this year and is now well above its lowest point during the darkest days of the market downturn. Furthermore, crude prices should remain stable, if not head even higher, in the coming year given OPEC's decision to stick with its production reduction agreement through the end of 2018.
These factors suggest that now might be a great time to buy energy stocks. Not only are many much cheaper than they had been, but most have significantly improved their financial profiles so they can flourish in current market conditions. Here are five stocks that stand out as the top option in each energy subsector.
Company
Source: Fool.com
Kinder Morgan Inc. Stock
Our community is currently high on Kinder Morgan Inc. with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 21 € shows a slightly positive potential of 14.54% compared to the current price of 18.33 € for Kinder Morgan Inc..
