SandRidge Falling to Compelling Levels

SandRidge Energy's (SD) stock is starting to get to a level where I think it is irresistible, despite the many woes it faces. If SandRidge nudges closer to $5 a share, I believe it provides a great opportunity to buy.

SandRidge Energy was the province of Tom Ward, a previous partner of another banished energy CEO, Aubrey McClendon of Chesapeake Energy (CHK). The parallels between the two men and the way they ran their companies couldn't be more similar. Both are exceedingly smart and have learned the oil business through their similar histories of asset purchases, joint ventures and leveraged sales. Both have had stellar moments of success in the early part of the 2000 decade, as natural gas prices ratcheted higher and as shale gas technologies had just begun to show the promise of prolific natural gas from previously untappable sources....355 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.