Got $5,000? Here Are 2 Energy Stocks to Buy and Hold for the Long Term
The energy sector has been a tough one for investors in recent years. Commodity price volatility, oversupply, and poor investment decisions have yielded abysmal results for most energy stocks. For example, over the past decade, the Energy Select Sector SPDR ETF -- which holds 26 major energy stocks -- has produced a total return of negative-33%, getting absolutely crushed by the S&P 500's nearly 240% total return.
However, not all energy stocks have delivered poor performance during the past decade. Two standouts are Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) and NextEra Energy (NYSE: NEE). Their past success, combined with what they see ahead, make them great energy stocks to park a few thousand dollars in with the intention of holding for the next several years.
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Source Fool.com
