A transformation that is bigger & meaningful and requires a big balance sheet: 6 stocks from energy space with an upside potential of up to 48%
- Posted on November 1, 2024
- By Business News Today
- 1 Views
A transformation that is bigger & meaningful and requires a big balance sheet: 6 stocks from energy space with an upside potential of up to 48%
The structural transformation in the auto sector, with its pivot towards EVs, has caught the street’s attention. Now consider this: A company which has been in the energy field for 60 years, has announced its investment plan for clean energy – and the outlay would probably be bigger than the market cap of many companies in the EV space. While EVs hog the headlines, the energy sector as a whole has been quietly seeing a transformation. Sooner or later the street will take note of that change and a part of that will get factored into valuation.