By Kim Clark
From Kiplinger’s Personal Finance
The gusher of rising energy stock prices, which has sent the sector up 66 percent in 2022 on top of 55 percent in 2021, may finally be calming a little. But there’s still plenty of oomph left for volatility-tolerant investors to reap rich profits in energy stocks in 2023.
Global recessions, war and COVID-19 could buffet the sector in the first half of the year, says Darrell Cronk, president of the Wells Fargo Investment Institute. But because he expects energy supplies to struggle to keep up with a likely economic recovery later in the year, his outlook for energy stocks remains bright….