Investors with a long-term horizons could give a look to Energy Industry.
As usual my interest is pointing toward quality companies with good fundamentals and competitive advantage.
Given the solid financial strength of many companies , these investments are good for dividend seekers too.
According a Value Line Report on Petroleum Industry, Oil Price above $50 a barrel provide some assurance that existing dividend will be maintained.
In this research I considered the following criteria :
- companies with solid fundamentals and good cash flow;
- competitive advantage ≥ narrow;
- trading lower than its Price/Fair Value ( Fair Value Estimate is a Morningstar data point);
- at least one criteria trading lower or in line with MSCI ACWI Energy Index ( Benchmark);
Here the result:
Good reading and do your own due diligence before investing. Thanks