That’s according to a MoneyTransfers.com report citing data from a UBS Group AG survey. The survey indicated that 44% of the bank’s billionaire clients are bullish about investing in energy stocks in the upcoming five years.
Jonathan Merry, the CEO of MoneyTransfers, has weighed in on the latest energy stocks trends. He holds that energy stocks remain a strong source for investment growth prospects, especially those specialising in efficient energy utilization.
Merry asserts,”With energy being such an essential commodity for our daily lives, energy stocks always remain attractive investments. In particular, those related to renewable energy projects, are the best investments to make. That’s due to their sustainability potential and strong outlook. While the sector may still have obstacles to overcome, such as inconsistent production and supply, those with a long-term approach stand to gain handsomely from investing in this area.”
According to Merry, investors should remain conscious of market trends, energy policies, and other pertinent information when investing in energy stocks. Investing in energy stocks can be a great way to diversify portfolios while making a solid financial return at the same time. The full story and statistics can be found here: Close to Half of the World’s Superrich Are Looking To Invest in Energy Stocks.

