3 Top-Ranked Energy Mutual Funds Worth Betting On
From Nasdaq: 2025-06-09 05:16:00
Geopolitical tensions in the Middle East and between Russia and Ukraine have disrupted the global supply chain and led to sanctions on Russian oil. This has caused crude prices to rise, prompting the US to ban oil imports. Markets are expected to remain volatile, making energy investments attractive.
Top-ranked energy mutual funds include Fidelity Select Energy Portfolio (FSENX), Fidelity Advisor Energy Fund (FAGNX), and T. Rowe Price New Era (PRNEX), all with a Zacks Mutual Fund Rank #1. FSENX focuses on energy companies, while FAGNX invests in both conventional and newer energy sources. PRNEX targets natural resource companies poised for growth.
The semiconductor sector is booming, with a new top chip stock offering significant growth potential. With a focus on Artificial Intelligence and Machine Learning, this stock is well-positioned to capitalize on the growing demand. Global semiconductor manufacturing is projected to nearly double by 2028, creating more opportunities for growth.
Read more at Nasdaq: 3 Top-Ranked Energy Mutual Funds Worth Betting On