Josh Brown: These Are the Two Best Energy Names in Our Best Stocks List
BREAKING ASU NEWS: In a recent high-stakes segment of CNBC’s Halftime Report, Josh Brown, CEO of Ritholtz Wealth Management, unveiled a major update to his highly anticipated “Best Stocks in the Market” list for 2026. As the global energy sector undergoes a tectonic shift driven by geopolitical instability, AI data center demand, and the ongoing transition to renewables, Brown has identified two clear winners that investors should prioritize for long-term growth and stability.
According to Brown, the energy landscape has moved past the simple “drill-and-fill” era. Today’s winners are those positioned at the intersection of fossil fuel efficiency and the massive power requirements of the technological revolution. The two names taking the top spot in his energy rankings are ExxonMobil (XOM) and Baker Hughes (BKR).
Why Energy is the 2026 Comeback Story
Despite the volatility in crude oil prices, Brown argues that the “under-investment” in global energy infrastructure over the last decade has created a “super-cycle” opportunity. While the tech sector remains expensive, energy stocks are trading at attractive P/E ratios, providing a haven for value investors looking for high-yield dividends and capital appreciation.
1. ExxonMobil (XOM): The Integrated Giant
Josh Brown’s inclusion of ExxonMobil on the list isn’t just about oil; it’s about scale and cash flow. As of early 2026, Exxon has successfully integrated its acquisition of Pioneer Natural Resources, making it the dominant player in the Permian Basin.
- Financial Fortitude: With a massive balance sheet, XOM is able to fund its carbon capture initiatives while continuing to reward shareholders with consistent dividend growth.
- The AI Connection: Brown notes that the surging electricity demand from AI data centers is indirectly supporting the demand for natural gas, a sector where Exxon remains a global leader.
2. Baker Hughes (BKR): The Technology Play
While Exxon provides the “commodity” exposure, Baker Hughes represents the “intelligence” of the oil field. Brown highlights BKR as his second top pick because of its transformation into an energy technology company.
- Diversified Revenue: Beyond traditional oil field services, Baker Hughes is a leader in hydrogen technology and LNG (Liquefied Natural Gas) equipment.
- Efficiency Gains: As energy companies look to lower their “cost per barrel,” they turn to BKR’s advanced automation and AI-driven monitoring systems.
Investment Analysis: Comparing XOM and BKR
| Metric (Est. 2026) | ExxonMobil (XOM) | Baker Hughes (BKR) |
| Dividend Yield | ~3.8% | ~2.5% |
| Market Position | Integrated Producer | Energy Technology |
| Growth Catalyst | Permian Production | LNG & Hydrogen |
| Josh Brown Stance | Core Value Holding | High-Growth Tech Play |
Essential Insurance and Risk Management Tips for Energy Investors
Investing in volatile sectors like energy requires more than just a stock pick; it requires a robust risk management strategy.
1. Hedge with “Equipment Breakdown” Coverage
If you are an investor in regional energy infrastructure or small-scale production, ensure your Commercial Property Insurance includes an Equipment Breakdown endorsement. Severed cables or machinery failure—often caused by theft or storm damage—can lead to massive revenue loss.
2. Protect Against “Business Interruption”
In light of recent events like the Townsville blackout and Cyclone Koji, investors are reminded that infrastructure is vulnerable. Business Interruption (BI) Insurance is vital for any company in the energy supply chain. This policy covers lost income if a covered peril (like a natural disaster or vandalism) shuts down operations.
3. High CPC Keywords for Research
When evaluating energy stocks or looking for specialized insurance products, focus on these high-value search terms to find the most comprehensive data:
- “Corporate Energy Liability Insurance”
- “Offshore Energy Risk Management”
- “Business Interruption Insurance for Utilities”
- “Renewable Energy Infrastructure Bonds”
Final Thoughts: The Road Ahead
Josh Brown’s “Best Stocks” list is designed for the patient investor. While the “Mag Seven” tech giants may grab the headlines, the backbone of the economy remains energy. By balancing the raw production power of ExxonMobil with the technological innovation of Baker Hughes, investors can build a portfolio that thrives regardless of market swings.
As Brown famously states, “You can’t stop what’s coming, but you can be positioned for it.”
Stay tuned to ASU News for more updates on Josh Brown’s top stock picks and the latest 2026 market trends.
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Josh Brown’s best stocks in the market: Energy
This video features Josh Brown discussing his strategic approach to energy stocks and why they remain a critical component of his “Best Stocks in the Market” list.