Fundstrat’s Tom Lee says energy stocks could rally another 45%

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

New for subscribers: Fundstrat’s Tom Lee says energy stocks could rally another 45%. Check out CNBCPro today.

believes there's more upside ahead for these stocks if oil prices continue to rise. More broadly, the firm believes oil's direction over the next few months could be a "key determinant to the leadership of markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro The Corporate Capitalist Consumerist Show must go on to keep the masses enthralled with nonsense while the Oligarchs take the fruits of production from The Workers

Pro He's such a permabull clown. No one takes him seriously, esp considering how much he backtracks on his forecasts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tom Lee says investors are ‘too focused on growth stocks’Fundstrat's Tom Lee told CNBC the strong earnings report Tuesday from UPS demonstrates that 'cyclicals still have a lot of legs left.'
Source: CNBC - 🏆 12. / 72 Read more »