This 5.3%-Paying Casino REIT Is an Odds On Favorite for 2023
Jeff Reeves, Senior Investment AnalystUpdated: January 13, 2023
There’s no denying that 2022 was the year of energy. A look at the top 10 performers in the S&P 500 index proves that plain as day.
They are, in descending order:
- Occidental Petroleum (OXY) – 119%
- Hess (HES) – 94%
- ExxonMobil (XOM) – 87%
- Marathon Petroleum (MPC) – 87%
- Schlumberger (SLB) – 81%
- APA Corporation (APA) – 76%
- Valero Energy (VLO) – 75%
- Halliburton (HAL) – 75%
- FirstSolar (FSLR) – 72%
- ConocoPhillips (COP) – 72%
Clearly energy was on the top of the heap over the last 12 months…
… But as the old saying goes, past performance is not a guarantee of future returns.… Read more