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2021-06-22

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Here’s why Tom Lee says energy stocks still have the ‘most upside’ of any sector

Tom Lee told CNBC on Monday he still sees plenty of room for energy stocks to run higher, despite th

Here’s why Tom Lee says energy stocks still have the ‘most upside’ of any sector

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Real estate and financials are second and third, with gains of 23.5% and 21.9%, respectively.\n“Even though [environmental, social and corporate governance] and other things have kept equity managers away from the energy stocks, I think the supply-demand dynamics for oil are so good that the energy stocks have the most upside of any sector right now,” Lee said in an interview on“Fast Money.”\nLee, the co-founder ofFundstrat Global Advisors, has long been bullish on the energy stocks as the economy reopens from coronavirus pandemic-related disruptions. 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