Posted on: May 16, 2021 Posted by: Betty Lee Comments: 0

Oil nicely pump jacks situated in Almond Orchard situated over the Monterey Shale in San Joaquin Valley.

Residents of the Planet | Getty Photographs

Power is the top-performing S&P 500 sector for 2021 as buyers wager {that a} return to regular will enhance the group, and Goldman Sachs envisions these shares persevering with to outperform. Nevertheless, after the sector’s 40% bounce this yr, the agency famous that going ahead buyers needs to be selective slightly than shopping for the sector as a complete.

“We consider that merely having leverage to a re-opening commerce won’t maintain outperformance anymore, as a lot of that is now mirrored in valuations,” the agency mentioned Friday in a word to purchasers. Analysts led by Neil Mehta appeared for shares which have “firm particular drivers and catalysts that may unlock worth, impartial of the crude outlook.”

The agency put collectively a listing of eight “idiosyncratic” concepts within the sector. Listed here are a few of the names, all of which the agency charges at purchase:

Supply hyperlink

Leave a Comment