Some Wall Street analysts are starting to warn that oil prices could reach levels far above current levels. A perfect storm of supply shocks and rising demand could push oil to $180 per barrel. While investors don’t want to see oil stay elevated for an extended period, it makes sense to buy ultra-high-yielding energy stocks now.
While mega-cap energy giants have surged over the past nine months and now trade at higher valuations, other sector leaders still offer attractive entry points with reliable, growing dividends. We screened the 24/7 Wall St. energy database, and we identified four ultra-high-yield bargains that income-focused investors may want to consider—all rated Buy by top Wall Street firms we follow.
This post originally appeared at 24/7 Wall St.