It's Time to Buy Oil Stocks
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
It appears that central banks from around the world will continue with easy money policies. Seeing that, John and David think it's time to buy oil stocks, as the price of oil isn't likely to stay low for long. Apache and SandRidgeEnergy are two companies to consider. They are both well-run and have nice properties. John and David also bought shares of ExxonMobil recently, and also think Chevron might be worth a look. Ultimately, though, they continue to see Denbury Resources as one of the most attractive oil plays out there. They own shares of the tertiary recovery company in their real-money portfolio, and think that the stock is a great long-term investment at today's price.
Energy stocks offer something for all types of investors. Some companies rise and fall with oil prices, while others provide more steady returns over the long haul. The Motley Fool has identified a company that will prosper for years to come. Read more about an energy stock set to soar in our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
At the time this article was published David Meierhas no positions in the stocks mentioned above.John Reeveshas no positions in the stocks mentioned above. The Motley Fool owns shares of Denbury Resources and ExxonMobil.Motley Fool newsletter services recommendChevron. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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