Ken Fisher’s Top 5 Energy Stock Picks

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1. Shell plc (NYSE:SHEL)

Fisher Investments’ Q2 2023 Stake: $1.3 billion

Shell plc (NYSE:SHEL) is a global petroleum giant which is also one of the biggest liquefied natural gas (LNG) suppliers in the world. Demand for this precious fuel has soared in Europe as of late since the continent is moving away from relying on cheap Russian gas. The company is facing a bit of trouble these days, as the threat of a $1 million fine for a chemical plant fire in the U.S. lingers over its head.

43 of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had bought Shell plc (NYSE:SHEL)’s shares. Mr. Fisher’s hedge fund is the firm’s largest hedge fund investor courtesy of a $1.3 investment.

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Disclosure: None.  You can also take a look at 50 Most Valuable Companies in the World by Market Cap and 15 Best Consumer Discretionary Stocks to Buy According to Hedge Funds.

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