Heightened tensions in the Middle East may be easing...or not. Oil prices may be heading downward in response...or not. You should react accordingly...or not.
The stock market hates uncertainty, and right now, there's a lot of it in the oil patch. Even before the current Middle East tensions ratcheted up, concerns about global oil oversupply had energy investors concerned about what 2020 might bring.
So it should come as no surprise that my top energy stock picks right now aren't big integrated oil majors with direct exposure to current geopolitical events. Instead, investors may want to consider Kinder Morgan (NYSE: KMI), Tellurian (NASDAQ: TELL), and TerraForm Power (NASDAQ: TERP). Here's why.