Got $5,000? Here Are 5 Energy Stocks to Buy and Hold for the Long Term

Got $5,000? Here Are 5 Energy Stocks to Buy and Hold for the Long Term

Crude oil prices have been largely above $60 per barrel for nearly eight months now, and energy stocks have consequently recovered some of their last-year's losses. The S&P Energy Select Sector Index is up nearly 25%, outperforming the S&P 500 Index's 16% rise in 2021. If you're looking to invest $5,000 in energy stocks, you should do well by equally dividing the amount in the below five stocks.