It can be very interesting with some nice opportunities. However, I will include CVX in my portfolio from the energy sector and that will probably be enough :D
I follow the company but only a little and I am not invested here. As others have written, it has its downsides and I would say it is hard for smaller companies to break out here. I am also represented here but in $ENPH which I think is the top company in the world. Of course it is heavy in the downturn and as Michal writes, I am waiting for a return of losses which should, could happen with the drop in interest rates. Then this bull market could be up again. 😊
Agree with @flpczech, the whole sector is in a slump, for example I hold the clean energy ETF where I am minus 40% because I made a big investment in summer 2022 which turned out to be the peak and since then the sector has been going down, I would just add investing in this sector now may turn out to be profitable (compared to 2022 everything is significantly down) and if it is down now then I would expect it to go back up by at least that 40% in 2024. I'll just wait for confirmation, i.e. the start of the rate hike, to see if it averages down.
It can be very interesting with some nice opportunities. However, I will include CVX in my portfolio from the energy sector and that will probably be enough :D
I follow the company but only a little and I am not invested here. As others have written, it has its downsides and I would say it is hard for smaller companies to break out here. I am also represented here but in $ENPH which I think is the top company in the world. Of course it is heavy in the downturn and as Michal writes, I am waiting for a return of losses which should, could happen with the drop in interest rates. Then this bull market could be up again. 😊
Agree with @flpczech, the whole sector is in a slump, for example I hold the clean energy ETF where I am minus 40% because I made a big investment in summer 2022 which turned out to be the peak and since then the sector has been going down, I would just add investing in this sector now may turn out to be profitable (compared to 2022 everything is significantly down) and if it is down now then I would expect it to go back up by at least that 40% in 2024. I'll just wait for confirmation, i.e. the start of the rate hike, to see if it averages down.