Buy The Dip: Near 7%-Yielding Blue Chips Getting Way Too Cheap
Source: SeekingAlpha
2026-03-22 07:05:00 ET
The United States-Israel war in Iran that began in late February has sent oil ( USO )( XLE ) prices soaring due to a major disruption of the global energy supply chain, as about 20% of the supply chain flows through the Strait of Hormuz. It is therefore expected that many industries whose input and operating costs are sensitive to oil and gas prices will likely experience some profit margin headwinds, at least in the near term....
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Buy The Dip: Near 7%-Yielding Blue Chips Getting Way Too Cheap
SPDR Select Sector Fund - Energy Select Sector
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