MPC - These 5 Oil Stocks Could Be Big Winners in 2020
The energy sector has been the worst-performing one in the S&P 500 for several years running. It's not even close. The S&P 500 has rallied 75% over the past five years, while energy stocks, as measured by the Energy Select SPDR ETF, have produced a negative 5% return. On a more positive note, the sector has bounced back a bit this year, rising 7% year to date. Still, that has badly trailed the scorching-hot S&P 500, which is up nearly 30% on the year.
Wall Street analysts, however, expect better things from energy stocks in 2020. Not only are they bullish on the sector overall, but they also see some potentially big winners. Here's a look at the five oil stocks that they believe have the most upside in 2020.
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