Oil stocks share a bullish similarity with semis, but 'no one cares,' VanEck CEO says
Publishing timestamp: 2024-02-10 11:00:01
Summary
The article discusses how oil stocks are being overlooked by investors despite their strong cash flow yields. The VanEck CEO believes that oil stocks have the potential for a turnaround, especially if there is a downturn in the tech sector. The article also mentions that WTI crude had its best weekly performance since September.
Sentiment: MIXED
Tickers: OIH, XLV, .SPX, XLE, WTI, 0SCL-GB, @CL.1, BKR, SLB, HAL, SMH,
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