Q4 Growth Likely to be Impressive
Among all the 16 Zacks sectors defining the S&P 500 index 0.55% , <$$$energy will likely witness the strongest growth in the fourth quarter$$$>, per our latest Preview. In other words, energy will likely be the only Zacks sector to report triple-digit growth.
Prepare For A Rally
Energy companies have rallied since August as oil prices have climbed higher. But because the new tax law will disproportionately benefit the energy sector, all else being equal the sector should outperform the S&P 500 because of expectations for higher .
Trump to 'sharply' expand offshore drilling, including Pacific Ocean