Is a Bubble Brewing in Oil?

Does the present price-to-earnings ratio for oil mean there’s a bubble brewing?

Well,  when assessing individual stocks, it’s much more important to look at sales and earnings for the future, not the present. That’s how long-term investors determine the best stocks to invest in.

But the reality is that oil will hit a generational short in the not-so-distant future.

You can’t benchmark these companies on 2022 estimates when they’re artificially inflated by a near-term surge in prices.

In fact, when you look at earnings multiples for five-plus years down the road, hypergrowth stocks are dirt-cheap.

That’s why I’m so bullish.

Catch the full episode at Hypergrowth Investing on YouTube!


Article printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2022/06/is-a-bubble-brewing-in-oil/.

©2022 InvestorPlace Media, LLC