These companies dominated 2021
As long as crude prices remain in the $60-to-$80-a-barrel range, oil stocks should continue to be solid performers in 2022 as well, said Anastasia Amoroso, chief investment strategist with iCapital Network.
As for the losers, let’s just say that investors didn’t have much patience for games of chance — or video games.
Betting on gambling and video games has been a big bust
Intense streaming competition is putting Big Media companies’ growth into question. That’s hurting CNN parent company AT&T, which is down more than 20% this year.
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