Top Stocks to Double Up on Right Now
Shares in Diamondback Energy (NASDAQ: FANG) and Valero Energy (NYSE: VLO) have risen strongly in 2026, partly in response to hostilities in the Gulf and the resulting increase in oil prices.
However, they shouldn't be seen as mere tactical devices to protect a portfolio from a potential issue that might resolve with a swift resolution of the conflict. The reality is that both stocks could see a lasting positive impact.
Diamondback is a U.S. oil and gas exploration and production company with a major focus on the Permian Basin, the most productive oil region in the U.S. that covers West Texas and New Mexico. It's a relatively conservatively run company whose management takes a flexible approach to drilling activity and capital spending.
Source Fool.com
