Investors are riding high on energy shares, capitalizing on surging oil prices and a resilient economy, while also bracing for potential inflationary pressures. In 2024, the S&P 500 energy sector has soared more than 9%, outpacing the broader index's year-to-date return of 7.3%.
Given this backdrop, it could be wise to add fundamentally strong energy stocks Petróleo Brasileiro S.A. - Petrobras (PBR), APA Corporation (APA), and Forum Energy Technologies, Inc. (FET) to one’s watchlist.
