Published on: June 14th, 2021 • Duration: 59 minutes
Many investors look at stocks, up multiples from their lows, and get a feeling that they have missed the boat. This is certainly the case in energy stocks, which have performed well alongside oil's rally. Sean Fieler, CIO of Equinox Partners, returns to Real Vision to discuss this dynamic and opportunities that it provides in gold miners and Canadian E&P companies. Fieler cites the newfound capital discipline affecting these sectors, conservative commodity price estimates, and the fact that the market seems less than interested in both sectors as reasons why we are still very early in the cycle with many companies trading far below fair value and providing strong income in the form of dividends rather than reinvestment. Fieler will also touch on some of the unique opportunities they are finding in emerging markets.