Morgan Stanley Places Bets on These 2 Energy Stocks
If the rise of Donald Trump has taught us anything about politics, it’s to expect the unexpected – but with his second term as President just a few days away, there are a few things that we can confidently predict. Prime among these is a drastic change in American energy policy.
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A supportive policy for energy will likely include both new exploration and new drilling activities – and that will open up plenty of opportunities as oil and gas companies expand their revenue bases.
Morgan Stanley’s sector expert Devin McDermott is reevaluating his stance on energy companies, in light of these likely developments. The 5-star analyst has tagged two energy stocks in particular as buying opportunities and is…