Why Energy Stocks Will Soar to End the Year... Ryan Fitzwater, Franchise Publisher, Monument Traders Alliance Dear Trade of the Day Reader, Energy was the #1 performing sector last year. But many investors were puzzled when the rally stalled in 2023. Well, the oil bull market is back. Oil prices are up 20%. Americans are seeing a surge at the gas pump. And as a result, energy stocks are moving up quickly. Get Details on The #1 Energy Stock Here Oil is surging for three reasons. - Saudi Arabia cut production by one million barrels per day in July.
- Russia also announced cuts to oil exports of 300,000 barrels per day starting in September.
- Having already drained supplies, the Biden administration can no longer tap into our strategic oil reserves, which they used in 2022 to stop climbing oil prices.
Combine these three factors, and you have a recipe for a big run in oil. Goldman Sachs is predicting oil will move over $100 this year... and in 2024 we could have a "serious problem." It could be bad for American consumers. But this is a big opportunity for investors. There is one energy stock in particular that could be the big winner in all of this. It's gone from $8 million in profits in 2020... to $188 million in 2022. That's massive growth. And the company is paying a near 10% dividend to reward shareholders. There's so much more to this story. Just go here to get the full scoop on the #1 energy stock for the rest of 2023. Yours in smart speculation,  Ryan Fitzwater, Franchise Publisher
Monument Traders Alliance P.S. Before the drop in energy prices earlier this year, MarketBeat predicted this stock would move from $30 to $280. 
Now, with energy moving back up, that kind of upside could be on the table. Get the breakdown of this opportunity here. | 
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