Energy is a huge part of our lives and our world. As a result, it’s a huge part of Wall Street, too, from its allocation in portfolios to its prominent weighting in the Dow and S&P 500. Just consider the impact oil price fluctuations has on daily market swings.
And yet, it’s not a sector that often gets people excited about the future, largely because the world moves slowly when it comes to energy. Investors have been burned many times through the years trying to get rich off of the next energy breakthrough. Unfortunately, alternatives to the old gritty fossil fuels have been largely thwarted over the last two decades, and oil remains the number one source of energy around the globe.
But it’s time to forget about the companies Wall Street owns, like ExxonMobil (XOM) and Chevron (CVX) and all the other big oil names you hear about on a daily basis. The next generation of energy profits won’t come from them. They’re not going anywhere, but they’re not going to make you rich either. And big profits aren’t ready yet to come from wind, hydro and the other alternative sources that haven’t been fully developed yet (although their time will come).
To invest in next-gen energy now, we need a new approach. We need to look at the niche sectors that are already making attractive inroads while Old Wall Street is still looking in the rearview mirror.
Over the next few days, I’ll share the five sub-trends of the new wave of energy and my top picks within each. I believe they’ll show that you that opportunities in energy go beyond Big Oil or Tesla (TSLA). The next-generation trends I see developing now are what will fuel this sector higher over the long term. And the best part is, we have the chance to get in before the rest of the herd.
That’s what it’s all about – escaping the herd mentality and not getting pigeon-holed by the old ways of thinking. Next-gen energy is an exciting way to do just that, and a profitable theme you don’t want to miss out on.
Ready to learn more? I’ll kick things off with one niche that should blow your socks off. Check back to learn what it is!