Stocks sold off last week, due in part to frenzied trading in certain corners of the market, along with FOMC commentary that highlighted a slowing recovery. The general public took special note of this week's equity market drama, with Google search interest for 'stock market' at its highest levels since March 2020. Blue-chips fared slightly better than tech stocks during the slide. On Friday, The Dow Jones Industrial Average fell 621 points, or 2.03%. The S&P 500 was down 1.93% and the Nasdaq Composite was down 2.00%. For the week, the DJIA fell 3.27%, the S&P 500 dropped 3.31%, and the Nasdaq Composite sunk 3.49%.

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.