Two Mega-Cap Energy Stocks to Watch
It has been an ugly couple of weeks in the energy sector, as a variety of factors have knocked down the price of oil and taken a heavy toll on energy shares. Worries about economic growth, less current concern about the Iran situation and a change in margin requirements have all negatively affected the oil price, and this has caused many high-quality names in the sector to sell off 8% to 15% in the last four to six weeks.
The start of this week looks like it will be volatile because of the elections in Greece and France. I would look to make a shopping list of high-quality energy stocks to pick up if they continue to sell off. I would stick with equities that have strong balance sheets, generous dividend payouts and robust cash flows. Here are two I would love to buy just a bit cheaper....398 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.
