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7 Top Energy Stocks to Buy and Hold Forever

Energy demand is going nowhere but up. These are the best stocks to buy to harness this trend for decades.

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Let’s face facts. No matter how much we try to conserve energy and burn cleaner fuels, at the end of the day, the planet consumes a lot of energy. And that’s not going to change anytime soon.

According to energy giant Exxon Mobil Corporation (NYSE:XOM), global energy demand will rise by more than 25% between 2014 and 2040. Driving that will be increased usage by non-OECD countries and emerging-market nations as they finally … well, emerge. Rising standards of living will also spark demand for electricity and transportation fuel.

Energy-efficiency measures will help stem the tide, but the sheer growth in demand is still going be massive.

All of this bodes well for energy stocks as a whole.

That’s great for investors, and so is this: Right now, investors still can get into a number of energy stocks for relatively cheap prices. Across oil, natural gas and solar, most companies haven’t fully recovered from the 2014-16 rout in energy prices.

If you have your eye toward the very long term, however — namely, retirement — you need to build a portfolio of energy stocks that will either provide long-lasting growth or reliable dividends. Swing trades can help augment your returns, but you need a base to rely on.

I’ve compiled a list of seven energy stocks — from various parts of the energy arena — to buy and then hold on to forever. In no particular order …

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Article printed from InvestorPlace Media, http://investorplace.com/2016/11/7-energy-stocks-to-buy-hold-forever/.

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