Value Returns to the Energy Space
I've been cagey on these pages and in recent appearances on CNBC -- after all, what do you do when you're in print and on air specifically to recommend trades and investments, yet you don't find anything particularly compelling? I've been giving long-term recommendations, mostly of natural gas stocks, with the caveat that these investments had a long time horizon and were very likely to lose money before they turn around -- falling knives indeed.
It hasn't been a fun exercise. But now I've begun setting my hook back out into the oil services sector, and particularly for Baker Hughes (BHI). Looks like some value has arrived in the energy space....535 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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.
