Tom Lee is a managing partner and head of research at Fundstrat Global Advisors. On CNBC’s "Fast Money," he continued his bullish bias Tuesday on energy stocks over oil stocks by comparing oil prices to household items by the barrel.
Oil is still cheap and the burden is quite small comparatively, he said.
“If you’re paying $90 per barrel, you’re still paying close to $200 for Diet Coke KO and $300 for bottled water.”
With that in mind, here are 15 energy stocks to play into 2022:
- Devon Energy Corp. DVN
- Continental Resources CLR
- Marathon Oil Corp. MRO
- Energy Select Sector SPDR Fund XLE
- EQT Corp. EQT
- Pioneer Natural Resources PXD
- Targa Resources Corp. TRGP
- Holly Energy Partners HEP
- Exxon Mobil Corp XOM
- Cheniere Energy LNG
- ConocoPhillips COP
- Golar LNG Limited GLNG
- Plug Power Inc. PLUG
- Green Plains Inc. GPRE
- Cameco Corporation CCJ
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