The market's worst-performing sector is due for some upside, two traders say. Here's how they'd play it

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The market's worst-performing sector is due for some upside, two traders say

are still yielding 10% and 7% in dividends, respectively, and neither company has announced plans to cut them, Schlossberg said.

As such, investors with longer-term time horizons might want to consider the group at these levels, particularly considering the resilience of energy demand and the possibilities for merger activity if key stocks stay low, Schlossberg said. Bill Baruch, president and founder of Blue Line Capital and Blue Line Futures, agreed with Schlossberg's assessment.

Source: News Formal (newsformal.com)

 

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