A huge buying opportunity

WVPATX

Freshman
Jan 27, 2005
28,197
91
38
WTI hit just hit $41.5 /bbl. today. Hard to tell where it will bottom but most think in the mid $30's. All energy stocks have been hammered even those with very little to do with the oil commodity (e.g. mid stream gas players). This is likely due to programatic trading. There are some screaming buys for those willing to invest and hold. The great news is that you get paid great dividends to wait. An example is KMI. A great company trading at just over $33 which is near a 52 week low. Goldman Sachs has a price target of $46 and it pays a 6% dividend. There are many others with even better upside.
 

WVUCOOPER

Redshirt
Dec 10, 2002
55,556
40
31