Energy Stocks Set to Repeat Strong Performance in Second Half

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Energy Stocks Set to Repeat Strong Performance in Second Half

by TheStreet 3:15 mins

Energy Stocks Set to Repeat Strong Performance in Second Half

by TheStreet 3:15 mins

The energy sector outperformed the overall S&P in the first 6 months of 2014, and the strong showing should continue in the second half as the economy gains steam and the Middle East remains troubled, said Andrew Ahrens, CEO of Ahrens Investment Partners. Ahrens said companies across the supply chain - from the rigs to the refineries to the pumps - will benefit from the uptrend and this will be reflected in the stock performances. He said the best way to take part in this rally is through owning exchange traded funds, as well as MLPs, which he said won't be hurt too badly if the Federal Reserve raises rates earlier than expected.

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