Buy Hold Sell: Why energy stocks are cheaper than they’ve been in years (and 2 stocks on the rise)

In a high-inflation environment, energy stocks typically perform well due to the ongoing need for its core product. It’s no surprise, therefore, that the energy sector began a strong rally in 2021 when inflation took off.

That rally extended into early 2022, when the Ukraine war was added to the equation and energy security concerns kicked prices and shares even higher.

But as inflation and war morphed into higher interest rates and concerns about global growth, oil and coal prices have come off sharply in the past 12 months. And all of this is to say nothing of the large-scale energy transition that is taking place, which is tipping the sector on its head.

So, what is one to make of all of this and, more importantly, where are the risks and opportunities?To answer those questions, James Gerrish from Market Matters and Joe Wright from Airlie Funds Management joined Livewire’s energy sector […]

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