Is there room for more upside? Experts weigh in

Is there room for more upside? Experts weigh in

It’s been a strong 2022 for energy stocks. The S&P 500’s XLE (XLE) is up more than 40% since the beginning of January — by far outperforming the broader market.

In June and July, overbought energy stocks pulled back sharply amid concerns of a recession and tumbling oil prices. Since then, the sector has regained a large portion of those losses.

In continuation of our series, “What to do in a bear market,” Yahoo Finance asked the experts if energy is still the place to be given the recent…


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