Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Geopolitical tensions in the Middle East pushed the price of crude oil to a six-month high last week. Naturally, investor interest in oil stocks has increased significantly recently, boosting the sector to the second-best market performer. The oil and gas sector has appreciated 17% in 2024, and this positive trend appears set to continue. While the situation remains unstable, certain oil stocks will likely continue benefiting from higher profits if prices remain elevated. Analysts expect the cru
With oil set to move higher, these 3 stocks are set to outperform.