Apache Corporation in 5 Charts
My top independent oil stock right now isn't ConocoPhillips (NYSE: COP), despite its size and brand recognition. Instead, it's little Apache Corporation (NYSE: APA). I think the stock market has unfairly punished Apache for the industry's woes, setting it up to outperform.
Here are three charts to explain why I'm expecting big things from Apache and why you may want to consider it for your portfolio.
Apache's stock price popped up and then gradually trended back down, much like the silhouette of the famous Shiprock of New Mexico. Image Source: Getty Images.
Source: Fool.com
ConocoPhillips Stock
€110.94
-0.210%
With 26 Buy predictions and not a single Sell prediction ConocoPhillips is an absolute favorite of our community.
As a result the target price of 133 € shows a slightly positive potential of 19.88% compared to the current price of 110.94 € for ConocoPhillips.
