Fast Money's Energy Stocks On Sale
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Created by barrons2
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Date updated:08-13-2008
An article from Barron's contends that though oil and natural gas prices have dropped in recent weeks, the stocks are discounting a drop in crude oil and natural gas that is well below current levels. How should you play?
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XTO
Xto Energy Inc - $43.25
- +0.16%
- $42.58
My best trade is XTO Energy (XTO). “The stock is down 30% since the end of June and valuations look okay,” he says. Other trades Adami likes include Schlumberger (SLB) and Exxon Mobil (XOM).
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SLB
Schlumberger Ltd - $64.40
- -1.08%
- $64.35
My best trade is XTO Energy (XTO). “The stock is down 30% since the end of June and valuations look okay,” he says. Other trades Adami likes include Schlumberger (SLB) and Exxon Mobil (XOM).
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XOM
Exxon Mobil Cp - $72.58
- +0.11%
- $71.82
My best trade is XTO Energy (XTO). “The stock is down 30% since the end of June and valuations look okay,” he says. Other trades Adami likes include Schlumberger (SLB) and Exxon Mobil (XOM).
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PDE
Pride Intl Inc - $30.36
- -3.89%
- $31.12
I’m long Pride (PDE), Transocean (RIG) and Flowserve (FLS), says Finerman.
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RIG
Transocean Ltd - $85.40
- -0.50%
- $84.65
I’m long Pride (PDE), Transocean (RIG) and Flowserve (FLS), says Finerman.
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FLS
Flowserve Cp - $99.43
- -2.91%
- $101.49
I’m long Pride (PDE), Transocean (RIG) and Flowserve (FLS), says Finerman.
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COP
Conocophillips - $52.11
- +0.31%
- $51.45
I like many of the stock mentioned above, Najarian says. Look at ConocoPhillips and Exxon Mobil as well as BP.
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BP
Bp Plc - $58.43
- -0.17%
- $57.53
I like many of the stock mentioned above, Najarian says. Look at ConocoPhillips and Exxon Mobil as well as BP.
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