3 Energy Sector Picks That May Double From Here

Summary

• We have been cautious on the energy sector for several months now. However, it may be time to shift our stance in some names.
• Let’s look at the fundamentals of the sector overall and then focus on three specific picks with the potential to double in price from here.
• Follow along as we introduce another skill from our repertoire that's specifically designed for swing traders. We apply this work to these three picks.

AntonioSolano

By Levi at StockWaves, produced with Avi Gilburt

Let's briefly recap where we have been with this ride on the Energy Sector train. Remember that it was in the fall of 2020 that we turned uber-bullish nearly all names energy. The

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PXD over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.