Energy Stocks – Cyclical Sectors Drive 2017 Growth

Much of 2017 Growth Will Rely On Energy Now that 2016 is in the books and the focus is fully on 2017, we wanted to dig into the key drivers for the expected rebound in growth. After two years of flat growth, consensus estimates suggest earnings growth of 10.4% for the S&P 500 in 2017. A rebound in oil prices will be a key driver for the energy sector, which will have the best growth out of all eleven sectors as earnings will finally grow after contracting for two consecutive years. In the aggregated estimates, financials, information technology and materials…