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Why energy stocks are a great bet

Sep 29, 2017, 19:19 IST

Business Insider

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Business Insider executive editor Sara Silverstein talks to Sarah Hunt, a portfolio manager at $4 billion firm Alpine Funds, about why she's bullish on energy stocks. Hunt says there's been a change in discussions around oil, and says she expects to see oil demand higher than supply for the first time in years. She notes that this is very helpful from a sentiment standpoint. In terms of energy stock valuations, she says that companies will start to look more attractive once oil prices rise, enhancing cash flows. Hunt also highlights how energy producers have succeeded in cutting costs, and says higher oil prices translate to more sustainable dividends.

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