PXJ - PXJ: Right Space And Outperforming Competitors

2024-05-22 09:56:47 ET

Summary

• Growing global demand and the energy requirements of AI make the Energy sector an attractive investment.
• The Invesco Oil & Gas Services ETF offers exposure to companies in the oil and gas industry, with a focus on mid to small-cap stocks.
• The PXJ ETF outperforms other oil services ETFs due to its dynamic selection methodology and industry leaders exposure. However, volatility and the transition to renewable energy are potential risks.

I continue to beat the drum on the bull case for the Energy sector. Growing demand globally, combined with the sudden realization that AI is going to use a ton of energy, makes this a no-brainer. There are many exchange-traded funds, or ETFs, out there one can buy into for cheap and easy access....

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