The wind energy park "Odervorland" in the district of Oder-Spree in Brandenburg, Germany.
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Lansdowne Partners fund manager Per Lekander has named a number of stocks to buy to trade the world's energy transition in the coming years – and they're not Big Oil.
Although Lekander said oil and gas companies were currently experiencing an "unbelievable" market environment — supported by robust commodity prices and improving margins — he warned that this would likely be temporary, and said they had a "terrible future."
Instead, Lekander, whose Lansdowne Energy Dynamics Fund won "best sector specialist" at this year's Investors Choice Award, argued that investors should be looking elsewhere for longer-term trades.
Here are the stocks backed by Lekander:
March 22, 2021 at 06:25AM
https://www.cnbc.com/2021/03/22/forget-big-oil-fund-manager-names-4-stocks-to-trade-the-energy-transition.html
Forget Big Oil: Fund manager names 4 stocks to trade the energy transition - CNBC
https://news.google.com/search?q=forget&hl=en-US&gl=US&ceid=US:en
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