XOM - 3 Energy Stocks to Buy Right Now
What energy stocks should you buy in the middle of an energy crisis?
It might be smartest to avoid the sector entirely, but if you're an investor who doesn't mind a bit of risk, there are certainly plenty of beaten-down stocks here to consider. COVID-19 has decimated the travel industry -- and the oil industry that fuels it. Meanwhile, overtaxed governments are taking a hard look at their budgets and policies, which could have an impact on clean energy stocks moving forward.
With so much inherent risk in the industry right now, energy investors should opt for the most reliable stocks within it. Here's why you might want to take a closer look at ExxonMobil (NYSE: XOM), Brookfield Renewable Partners (NYSE: BEP), and Enbridge (NYSE: ENB).