01.12.2024 13:24:00

3 Top Energy Stocks to Buy as 2024 Draws to a Close

Energy stocks are having a solid year. The average one in the S&P 500 was up 14% heading into the year's final month. While that has underperformed the S&P 500, it's a solid showing, considering that oil and gas prices have been weaker this year. Energy demand should continue growing in 2025 and beyond. This means several energy stocks still look like compelling long-term investments as we close out 2024. Black Hills (NYSE: BKH), Western Midstream Partners (NYSE: WES), and Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) stand out to a few Fool.com contributors as great ones to buy before we head into the new year.Reuben Gregg Brewer (Black Hills): When it comes to boring stocks, utilities like Black Hills normally score high on the snooze list. This particular regulated natural gas and electric utility serves 1.3 million customers in parts of Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. Providing reliable energy is basically all it does, but it does it pretty well.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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