Jeremy Poland
Most people don’t find investments appealing that have the perception of having finite upside. The best-performing stocks often rise consistently over a long-period of time, but don’t double overnight. Still, while experienced investors know that most investments won’t appreciate at more than 8-10% a year over the long term, many people like the idea that their stocks have unlimited potential.
The energy sector has been one the best areas in the market for both growth and value investors to allocate capital over the last several years. Most oil and gas stocks consistently and significantly underperformed the benchmarks between 2016 and 2020, many oil and gas companies were cheap prior to the run-up in energy prices over the last three years. One of the most well-known energy funds is the Energy Select Sector SPDR Fund (NYSEARCA:XLE).
This exchange-traded fund has been…