A growing minority of Wall Street strategists anticipate a pickup in oil prices next year and are recommending energy stocks as a way to play a rebound, reports Caroline Valetkevitch for Reuters.
In a recent Reuters poll, seven of 25 strategists cited energy as their contrarian pick for 2016 or expected a surprise upside in oil and energy next year, pointing to integrated oil companies as best situated to capitalize on the turn.
Energy Select Sector SPDR