Investors Are Betting Big On Energy Stocks In 2021

Despite the recent sell-offs in oil, investors are warming up to the energy sector, which bore the brunt of last year’s shock of crashing oil prices and oil demand.   The energy sector has been the top performer in the S&P 500 index year to date, despite the price routs last week and earlier this week. Some exchange-traded funds (EFTs) tracking oil prices have surged since the start of 2021 as investors turned their attention to industries expected to benefit the most from the economic recovery. Energy is one of those, and analysts…