5 Energy Stocks Sold Off: 3 To Buy, 2 To Avoid
By David Alton Clark:Several oil and gas stocks were sold off Wednesday, some justifiably and some not. The non-stop shenanigans of Chesapeake Energy (CHK) CEO Aubrey McClendon recently revealed to the public along with disappointing earnings report has caused Chesapeake shares to nose-dive; taking many stocks in the oil and gas sector down with it. Not to mention Marathon Oil and Gas (MRO) piled on the bad news with a disappointing quarter as well. I believe this has caused an immediate buying opportunity in certain energy equities unjustly sold off in unison with Chesapeake and Marathon. These types of buying opportunities present themselves now and again. They offer an opportunity for a quick profit as a trade or a chance to start a long-term position in a stock you have been waiting on to pullback. In the following sections I will give a brief review of Chesapeake, Marathon and the three energy stocksComplete Story »
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