Up to 30 percent upside: these 5 stocks are now favored by the big bank

One of the world’s largest commercial banks Goldman Sachs recommends investors consider five energy sector stocks in a volatile market environment.

An American news channel reported on the topic CNBC. The bank’s recommendations are also reported on by the site, which offers stock market news, investment insights and company analyses Oninvest.

The companies recommended by Goldman Sachs are those dealing in liquefied natural gas Golar LNGoil companies Conoco Phillips and Halliburtonan oil exploration and production company Permian Resources and an energy company View.

The companies are financially stable. They also pay a solid dividend, according to Goldman Sachs, and four out of five stocks see at least 16 percent upside potential.

According to Goldman Sachs, Golar LNG benefits from the fact that due to disruptions in international oil traffic, more and more people understand that not everything in the energy market should be left to one card.

The bank of Conoco Phillips and Halliburton predicts that it will benefit from the fact that the price of oil will probably remain high for a long time, if the important passage of the Strait of Hormuz remains closed to cargo traffic.

The share of Vistra, which focuses on the retail sale of electricity and energy, is expected to rise by as much as 30 percent, mainly due to the growing energy demand driven by the electrification of society.

The company’s share price was $159.60 when Wall Street closed on Monday.