Are These 3 Energy Stocks About to Soar as Driving Season Kicks Off in the United States?
Key takeaways
- NVDA NEE CEG BEPC When investors think about the annual summer driving season, oil and gasoline have historically been the primary focus.
- But high energy prices could shift demand, making electricity more important than ever.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA NEE CEG BEPC When investors think about the annual summer driving season, oil and gasoline have historically been the primary focus. This year, oil and gasoline have been headline news daily due to the geopolitical conflict in the Middle East. That s likely to remain the case regardless of how much people drive.
But high energy prices could shift demand, making electricity more important than ever. Three stocks you may want to keep an eye on are Next Era Energy (NYSE: NEE), Constellation Energy (NASDAQ: CEG), and Brookfield Renewable (NYSE: BEP)(NYSE: BEPC). Here s a primer on each one.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »