| Even as energy prices fall again,one firm says it might be time to finally buy oil and gas stocks. Stocks of U.S. oil and gas companies have been so battered as commodity prices have fallen that it looks like there is finally an “attractive entry point,” Credit Suisse analysts said in a research note.
The suggestion to buy these stocks came with a caveat though: “We acknowledge we are early.” One key index tracking oil exploration and production stocks — the SIG Oil Exploration & Production Index — fell another 2% Wednesday. The index is down 18% in 2015...............................................Full Article: Source
|