Given just how massively technology stocks have crushed everything over the past decade, you might be a little surprised to see tech at the bottom of the heap so far this year.
Meanwhile, energy and materials are killing it. I expect this momentum to continue. The AI revolution doesn’t magically just spring out of the ether. It requires trillions of dollars in infrastructure investment, and that’s going to require a lot of energy and a lot of raw materials.
All of this bodes well for the gritty world of commodities. So today, let’s do a sector X-ray of the energy sector. Let’s see what’s driving their “Bullish” ratings and where the biggest winners are likely to be.
This post appeared first on Money & Markets.