Oil and Energy Stocks Hit Unfairly Yesterday
I don’t know about you, but yesterdays market seemed like a blessing. Sure we bad news thrown at us left and right, and 2nd quarter earnings are only going to hurt us more, but the best thing of all was the drop in oil price.
Lets not kid ourselves. Oil is not on a downward movement, so, whenever its breaths downward, we should definitely capitalize on it. There are numerous stocks in the oil and energy sectors that were unfairly hit yesterday.
Most people get scared of investing into a stock that has been on the rise for some time, and so they should be. That is why these down days are good. It gives us a chance to load up for the ride up.
Here a just a few of the stocks that could be making its way higher on rising oil prices:
Haliburton - HAL
ConocoPhillips - COP
Chesapeake Energy - CHK
Pioneer Natural Resources - PXD
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