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If You Liked TSLA’s 2020 Performance, Try The Energy Sector (XLE)

What could one of the most neglected and abandoned sectors in the S&P 500 possibly have in common with TSLA? Well, despite a litany of differences we think XLE will be a top performer in 2021 for a very similar reason to why TSLA was one of the best performers in 2020; institutional Fear Of Missing Out (FOMO). TSLA was responsible for nearly three quarters of the Russell 1000’s gain at a point last year and most Russell 1000 money managers had zero exposure to it. The subsequent rush into ...

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