Oil prices plummeted by over 10% as the discovery of a highly infectious coronavirus variant in southern Africa prompted renewed fears of lockdowns and travel restrictions.
While the broader markets saw a sell-off, with the S&P 500 down by about 2.3% on Friday, oil stocks were particularly badly hit. EOG Resources (NYSE:EOG) stock was down by about 6%.
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
|S&P 500 Return||1%||22%||105%|
|Trefis MS Portfolio Return||-3%||46%||297%|
 Month-to-date and year-to-date as of 11/29/2021
 Cumulative total returns since 2017