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Goldman Says It Is Time to Go Back Into Energy

Goldman Says It Is Time to Go Back Into Energy

(Houston)

You wouldn't think it with oil prices still at only $50, but the US oil industry is humming along. In line with that, Goldman thinks that there are some good buys to be had. Investors have been warming to the oil sector, but not buying it wholesale. Instead, they have been very particular with their investments. They want discipline in the companies they are buying, with restrained capital allocation strategies, and better cash flow profiles.

FINSUM : Sentiment on oil is certainly improving. A lot of it seems to stem from more bullishness on the economy as a whole, as a better economy would presumably increase demand for commodities.

  • oil
  • Goldman Sachs
  • shale
  • OPEC

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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