Would Energy Stocks Be the New FAAMG?
Many investors, including Warren Buffett, like the energy industry. Crude prices are up over 9% so far in 2022, making the sector one of the few bright spots in the market.
$Occidental Petroleum(OXY.US$ and $Chevron(CVX.US$, the energy companies backed by Warren Buffett's $Berkshire Hathaway-B(BRK.B.US$, are up nearly 150% and 63% respectively in 2022.
Meanwhile, Facebook parent $Meta Platforms(META.US$, $Apple(AAPL.US$, $Amazon(AMZN.US$, $Microsoft(MSFT.US$ and Google owner $Alphabet-A(GOOGL.US$ are all sharply lower.
The thought-provoking chart from Alpine Macro shows each decade has been dominated by one key investment theme. Would energy replace FAAMG as investors focus going forward?
Mooers, what will be the new big investment theme of the next decade?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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