The energy sector has been the best performer in the U.S. stock market this year, but it isn’t too late to jump in, as the setup is still attractive for the reopening of the economy.
Energy recovery has a long way to go
The S&P 500 energy sector
was up 36% for 2021 through the end of May. (All price changes in this article exclude dividends.) That’s the best sector performance in the benchmark index so far this year.
Stretching out the timeline paints a different story:
If we look at price changes from