If you’ve had to take a trip to the gas station over the past few weeks, then you already know prices have skyrocketed…
But with higher oil costs also comes better prices for the top energy stocks for 2022.
I mean, the majority of analysts predict that crude oil prices will reach $100 per barrel this year. We’re less than 10% away from that level, which tells me the demand for oil stocks will be strong for the next few quarters…
So the key is to find out which ones will profit the most…
2 Top Energy Stocks for 2022 to Add to Your Portfolio in 2022
The first top energy stock for 2022 on my list is Marathon Oil Corp. (NYSE: MRO).
It’s an independent exploration and production based company in Houston, Texas.
The stock also just so happens to be one of the highest momentum stocks on my scanner at the moment. And when they reach the top of my scan, they usually stick there…
If you’d like to learn more about how I use momentum to find new stocks and sectors to target, check out this video.
MRO is up over 140% over the past 12 months. And as of Q3 2021, the company has reported over $180 million in revenue.
So its stock is positioned for enormous growth!
I have a price target of $25 per share over the next three months if energy markets continue to expand and crude oil prices move closer to the predicted $100 per barrel target.
Check out my short video below to learn even more about MRO and the next top energy stock for 2022 on my list.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. The market’s recent shift has forced me to break one of my top trading rules… and take a look at a powerful signal I used to ignore!
As you probably know by now, I haven’t always been a huge fan of trading gaps…
But the way the market is moving right now, doing just that could be essential to trading success.
I know one expert who has these setups down to a science. In fact, she’s been making major overnight gaps like like 29%… 40%… and even 102% in just a matter of days!
