Practical Investment Analysis for the New Energy EconomyAre Fracking Stocks the Next Trump Stocks?Dear Reader, With Donald Trump’s sweeping victory and the GOP’s dominant performance in the polls earlier this month, investors are shifting allocations for a Republican-led economy for at least the next two years. Lots of “Trump trades” are soaring: private prison stocks, Bitcoin and Bitcoin stocks, even EV stocks like Tesla. But there are a few the market hasn’t noticed just yet. And they’re fracking stocks. You see, everyone knows that Trump still wants to “drill, baby, drill” to unlock the U.S. energy industry. But few people realize that after you drill an oil well, in most cases these days, all you have is a dry hole in the ground. You have to take it one step further before the oil starts to flow. And that step is hydraulic fracturing, or fracking. And once the world catches on to how oil production really works, these fracking stocks could become the next “Trump trades” to see "yuge" market swings… |
Tuesday, November 19, 2024
Are Fracking Stocks the Next Trump Stocks?
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