Energy stocks, with their reputation for regular dividend payments and traditionally defensive nature, have long been the preferred place for investors seeking to shield their portfolios from broader volatility. This is especially true with the world on edge amid widespread geopolitical uncertainties, and as the lingering impact of inflation keeps the Federal Reserve stubbornly dedicated to its “higher for longer” stance.
With analysts at UBS calling for higher oil prices in the short term, and longer-term demand for energy projected to more than double by 2050, there's still plenty of appeal in the energy trade - both right now, and over the long haul.
