Unloved energy stocks are the cheapest they’ve been in decades.
But our favorites have already turned the corner to a new bull market.
All of the tell tale signs are there:
A. Steadying oil and gas prices as demand and supply return to balance
B. An explosive return to earnings and dividend growth for leading companies even as mortally wounded “zombie” companies bust
C. A surge of “insider” buying by energy executives, directors and smart money at the best companies, and
D. A new wave of sector mergers and acquisitions just to name four. If you’ve ever dreamed of buying household name companies of an essential industry at penny stock prices at bottom of the cycle, now is the time to strike!