Oil has rocketed past the rest of the market as excitement builds about imminent coronavirus vaccines. In fact, some oil stocks have been doing even better than the vaccine-makers.Investors are in the market to make a profit, and that means finding the stocks with proven growth potential.
Are you an environmentally friendly and socially responsible investor? If so, there's an entire set of stocks to watch that specifically reflects that mindset. They're called "ESG stocks" and they're beginning to grow in popularity. These are shares of companies that advance environmental, social, and governance initiatives within their respective industries and organizations contributing to a better world.
From escalating tensions between the U.S. and China, the highly infectious coronavirus pandemic outbreak, and the 2020 presidential Election, this year has turned into a rollercoaster ride for investors. Forced lockdowns weighed down industries like the oil & gas sector, retail businesses, theatre, and entertainment companies, but spurred an uptick in technology stocks.With Pfizer Inc. and Moderna Inc.