In Australia we are used to underperformance from our tech names as we lack the likes of Apple (AAPL US), Microsoft (MSFT US) and Google (GOOGL US) but its frustrating to see the same characteristic exhibited by our energy stocks who remain below there highs posted in early 2021 wheras US names have surged higher. This is somewhat understandable with the large change to the domestic landscape with Santos taking out Oil Search & BHP doing a deal with Woodside, however in simple terms we believe its time for some decent catch-up locally.
MM is bullish the Australian Energy Sector in early 2022
