NEW YORK ( TheStreet) -- The S&P 500 has gained 2.2% so far in October, while the S&P 500 Energy Index surged 3.7%, outperforming the broader markets, despite a bleak outlook for crude oil and natural gas.
The following 10 energy stocks are expected to gain at least 37% in the upcoming months, according to analysts' consensus estimates. A few of these stocks find favor among prominent investors, including George Soros. He has placed two of these stocks in the top 30 holdings of Soros Fund Management LLC, as of June 30.
While these stocks are anticipated to outperform the sector, investors will likely benefit from an improved sector outlook.