In the same way that the tobacco industry was once hated, economist and energy specialist Peter Sainsbury believes that the fossil fuel industry – particularly oil companies – are in a similar position now, with energy stocks starting to be seen as “sin stocks”. However, he argues that “Much like tobacco companies reinvented themselves in the 1990s, energy companies can undergo a similar renaissance” (and, in fact, are already beginning to do so) – and this creates a long-term opportunity for investors. For more – including another commodity Sainsbury says investors should be paying attention to – CLICK HERE.
A Long-Term Investment Opportunity In The New “Sin Stocks”
Tags:Energy CompaniesEnergy InvestingEnergy StocksFossil Fuel InvestmentsInvestingInvestorLong-Term Investment OpportunitiesPeter SainsburySainsburySin Stocksstock market