Now's the Time to Buy These Stocks
Investors who started buying back into energy stocks last year may be starting to lose their patience. The oil price recovery that was supposed to start happening as underinvestment sinks its teeth into production has yet to materialize. That, coupled with growing shale production, has delayed that recovery to a time that some investors are not willing to wait for.
For investors who still have an eye on the horizon, though, this lull in energy stocks is another great buying opportunity, particularly for shares of Transocean (NYSE: RIG), National Oilwell Varco (NYSE: NOV), and Helmerich & Payne (NYSE: HP). Here's why that long-awaited recovery is still in the works and why these stocks are great ones to ride that coming wave.
Image source: Getty Images.
Source: Fool.com
