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Gina Sanchez on Trading Nation: Buy traditional energy stocks over solar plays for these 3 reasons, trader says

Published 06-29-2021

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Lido Advisors Chief Market Strategist Gina Sanchez appeared on CNBC’s Trading Nation today to discuss traditional energy stocks.

The upcoming OPEC+ meeting could moderate the optimism around traditional energy stocks, Chantico Global founder and CEO Gina Sanchez said in the same “Trading Nation” interview.

“You could argue that there is more room to run for oil prices as we see more demand. But remember that OPEC works very hard to manage that price,” said Sanchez, who is also chief market strategist at Lido Advisors.

“We kind of expect something in the range of 65 to 70 to be somewhat of a long-term, sustainable fair value for oil, not 100,” she said.

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