Why We Like Energy Stocks

From Morningstar: 2024-10-22 08:10:00

Michael Field, European market strategist for Morningstar, highlights sector opportunities for Q4: consumer, energy, and technology. Consumers benefiting from lower inflation, increased marketing, and promotional activities. Stocks like Unilever and Anheuser-Busch may see volumes increase. In the oil sector, Field believes we haven’t reached peak oil and undervalued companies like BP present investment opportunities. European tech stocks, like ASML, may be undervalued despite recent sell-offs due to strong growth potential and market dominance. ASML’s global influence and strong moat make it a solid long-term investment.



Read more at Morningstar: Why We Like Energy Stocks