Oil – and energy stocks – tumbled in the wake of escalating trade tensions between the U.S. and China – and the fundamental outlook for crude may not provide much reason for optimism, with one analyst cited in today’s article declaring that, with all things pointing to oversupply in the market, “I think there’s really nothing I can look at except maybe a calamity in the Persian Gulf that would drive oil up.” Against this backdrop, one market expert is “suggesting an unconventional way to play the oil and energy space.” For more, CLICK HERE.
Trade Tensions
Large-Caps With Large Upside Potential
While large-cap stocks may be more exposed to the effects of trade tensions than their small-cap counterparts, the author of today’s article notes there are signs that “investors are prepared to put trade war concerns aside temporarily and wade back into large-cap companies that are executing well.” In that regard, a Goldman Sachs strategist has compiled a list of large-cap companies that offer the most upside potential (up to 63%) – many of which are poised to benefit from lower tax rates. For more, CLICK HERE.