Wednesday, February 23, 2011

2011: The Year of Energy Stocks (so far)

by Bespoke Investment Group

With a gain of 3.72% year to date, the S&P 500 has seemingly done pretty well.  But unless you have been overweight the Energy sector, chances are you're underperforming.  As shown below, the Energy sector is up 14.58% so far in 2011, which blows away the other nine sectors.  Only two other sectors are outperforming the S&P 500 as a whole (Technology and Industrials), but they're outperforming by less than 4 basis points! 

Coming into 2011, there was a lot of talk about this being a year where "stock picking" would be very important in order to achieve outperformance.  Hopefully you picked Energy stocks!


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