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Energy shares could double by 2020, so buy now, says contrarian investor

Barbara Kollmeyer
Energy shares could double by 2020, so buy now, says contrarian investor

Disappointing results from the popular video streamer have scattered investors and dented the mood on Wall Street, even if some analysts are unfazed. To be sure Wall Street puts a lot of faith in technology and internet names, and Netflix has delivered some wild returns over the years. “Of all the buying opportunities since the incredible bargains of the first several weeks of 2016, buying energy shares near current levels is one of the most important and reliable ones,” Steven Jon Kaplan of the True Contrarian blog and newsletter told subscribers.