'Energy service stocks to see a boost': Graham

Our Chief Investment Officer, Gavin Graham, joined BNN Bloomberg's Trading Day yesterday to share his outlook on energy service stocks 📈 — and why he sees a boost 💥 ahead for the sector.

With oil holding above US$100/barrel amid ongoing geopolitical disruption in the Middle East, Gavin made the case that sustained elevated commodity prices create compelling conditions for energy services companies — the picks-and-shovels businesses that benefit when producers have the cash flow 💲 and incentive to drill.

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