3 Top Energy Stocks to Buy for the Long Haul
The broader energy sector covers a lot of ground, spanning from oil drillers all the way to electricity providers. And there's a lot in between as well in a sector that is going through major structural changes. But with a growing world population and economic growth in emerging markets, one thing is fairly certain -- energy will be increasingly important in the future. If you're looking to play the space, it's worth looking at AES (NYSE: AES), Enbridge (NYSE: ENB), and TotalEnergies (NYSE: TTE) today.
There are two ways to look at AES. The simple view is that it is a utility that generates and sells electricity. The complex view, which is the one that you should hold, is that it is a globally diversified utility, offering electricity in both developed and developing markets. There's risk in that, given that developing markets can be more volatile politically and economically. However, developing markets are also expected to be the driving force for growing electric demand in the future.
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Source Fool.com
