10 Growing Energy Stocks With Great Dividends
During the financial crisis, crude oil prices collapsed from almost $150 to $30. The drastic fall was largely due to pessimistic feelings about economic growth and deflation expectations. Legendary investors George Soros and Jim Rogers are among the several hedge fund managers who are bullish about commodities. John Paulson, David Einhorn and Dan Loeb have gold as the largest position in their portfolios. T. Boone Pickens has been investing in energy stocks.
We are observing a strong recovery on energy prices. The world’s energy supplies are limited, yet the demand in emerging markets is growing at a very fast rate. Moreover, a significant ratio of the world’s oil supplies is located in the volatile Middle East countries. The political chaos in North Africa and Middle East caused Brent oil price to hit $110 a barrel for the first time since 2008. There is a possibility that the retail price per... Read more