Forget Big Oil: Fund manager names 4 stocks to trade the energy transition

Patrick Pleul | picture alliance | Getty Images

Lansdowne Partners fund manager Per Lekander has named a number of stocks to buy to trade the world's energy transition in the coming years – and they're not Big Oil. Although Lekander said oil and gas companies were currently experiencing an "unbelievable" market environment — supported by robust commodity prices and improving margins — he warned that this would likely be temporary, and said they had a "terrible future."

Instead, Lekander, whose Lansdowne Energy Dynamics Fund won "best sector specialist" at this year's Investors Choice Award, argued that investors should be looking elsewhere for longer-term trades.

Pro I see they spelled gamestop incorrectly. gme

Pro $OEG

Pro TPI composites, Canadian Solar, Plug Power, Siemens Gamesa, Vesta Wind, First Solar, Ballard and Enphase. Probably four of those.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

What to watch today: Stocks to drop, Big Tech and Big Oil earnings in focusU.S. stock futures dropped despite Amazon's gain after reporting blowout quarterly results.
Source: CNBC - 🏆 12. / 72 Read more »

Small-cap value stocks still look cheap even after big rally, two fund managers sayJustin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investment highlight a handful of stocks that they say are still...
Source: MarketWatch - 🏆 3. / 97 Read more »