AllStock Picks
logoArgusJanuary 25, 2021

Weekly Stock List

Sector(s)
Energy
Summary

Oil prices, near $52 per barrel of West Texas Intermediate crude, have continued a climb that began in April 2020, when the price was below $20. Though prices are down slightly from recent highs, we expect them to remain in the $45-$55 range this year. We think these relatively high prices will continue to provide near-term support to the Energy sector, which has outperformed the market this year. Within the group, we favor companies with a high exposure to U.S. production, as well as those with a history of growing dividends. Here are Energy companies that are in our Focus List or are used in our Model portfolios.

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