price: Among those 80, here are the 10 with the highest 12-month upside potential, based on the analysts' mean price targets 'buy' ratings Share neutral ratings Closing price - July 16Consensus price target Implied 12-month upside potential Halliburton Co.HAL, 9.15%Oilfield Services/ Resources Inc.CXO, -0.92%Oil & Gas Energy Inc.NBL, -1.42%Oil & Gas Energy Inc.FANG, -1.07%Oil & Gas Petroleum Corp.MPV, -0.99%Oil Natural Resources Co.PXD, 0.12%Oil & Gas Inc.TPR, -3.00%Apparel/Footwear Corp.LKQ, 0.36%Automotive Corp.CNC, -0.89%Managed Health Resources Inc.EOG, 0.20%Oil & Gas So seven of the 10 favorites are energy names, according to Market Watch. One problem with sell-side analysts' price targets is that they look out only 12 months. There are 80 stocks in the S&P 500 SPX, 0.28% with buy or equivalent ratings from at least 75% of sell-side analysts polled by Fact Set. That is actually a short period for many long-term investors, especially when you consider that the price of West Texas Intermediate crude oil CL00, 0.16% WTI is about half its peak of 114.08 hit on April 29, 2011. Looking at a one-year chart comparing WTI and the S&P 500 energy sector, the two have moved roughly in tandem Fact Set Caption outside of wrapper for normal article images But the two-year chart has the energy sector trailing very far behind oil prices Fact Set Caption outside of wrapper for normal article images It seems investors didn't buy the steady increase in WTI through early October last year, and they have been similarly unimpressed with the 2019 price recovery that has followed a brutal reversal. Recovery, reversals and a lack of faith The price of WTI has risen 28% since the end of 2018, but the S&P 500 energy sector has lagged way behind Fact Set Caption outside of wrapper for normal article images Even when reinvested dividends are included, the energy sector's return has been less than half of the oil-price increase this year.
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