Energy prices have dipped, but oil stocks are still a buy, investor says

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Energy prices have dipped, but oil stocks are still a buy, investor says
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Oil prices have fallen sharply from their recent peaks, but there's still a case for buying oil stocks, according to Bill Smead of Smead Capital Management.

Oil prices have fallen sharply from their recent peaks, but there's still a case for buying oil stocks, according to Bill Smead, chief investment officer at Smead Capital Management.

Covid flare-ups in China have spurred lockdowns this year, and caused consumption of energy to drop in the world's most populous country.

 

Beware of expert’s opinion, they are more often wrong.

Lol I believe cnbc

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