Armchair Trader pick: Long term (Buy & Hold)
- Riverstone Energy (LSE:RSE)
- Sector: Investment Trust (Commodities & Natural Resources)
- Market cap: £315m
- Entry price: 566p
- Target price: 780p
- Stop loss: 20% (trailing)
With the oil price heading north on continuing tensions between Ukraine and Russia, we are making it no secret: commodities and energy are going to be a big investment theme this year. Riverstone Energy (LSE:RSE) is a mid-cap play that sits firmly in that space. It is a closed-ended investment company which focuses heavily on the global energy sector.
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