U.S. equities have been rallying since mid-October, but can the energy sector hold onto the tremendous gains it has enjoyed this year? The sector is up 54% year to date, while the broader market is down by about 17%.
In a recent interview with ValueWalk, Thomas Samuelson of Vineyard Global, an investment management firm that offers 12 investment strategies via separately managed accounts, said they expect to remain overweight on energy in 2023 as the economic backdrop improves. He also shared his philosophy for investing and offered his picks in energy and other sectors.