Odd couple energy, consumer stocks trick traders

It’s likely not many investors had this trade going into earnings season, but that’s why the market tends to find a way to make the most people wrong at times.

In the last one month, the best-performing stocks in the S&P 500 were energy/materials and consumer discretionary companies. One is a momentum tale of low oil prices driving increasing sales and the other is a contrarian story of that same crash in oil prices causing investors and analysts to get too pessimistic on the value of the group’s shares.

One analyst who got this unlikely pairing correct for clients was John Kosar of Asbury Research.

Click Here To View The Entire Article on CNBC.com

Asbury Research Subscribers: Login to the Research Center to view today’s Keys To This Week report, which includes more in-depth information about our current calls for US market sectors.

Invest like a Professional. Get Started Today

Don’t miss any more opportunities. Sign up today and see how Asbury Research can give your investments the edge they need in a turbulent market.
Start Today!