WHY IS BUFFET BETTING BIG ON BOOMING OIL?
Buffett has added shares in top energy companies
Increased optimism in the sector makes several stocks intriguing in the current climate.
There are several blue chips with the potential for solid returns and dividends of the next several quarters like the aforementioned OXY and CVX.
SPECULATIVE STOCKS ADD EXPONENTIAL UPSIDE POTENTIAL
Investors with more risk tolerance shooting for larger short-term gains may want to look at diversifying their oil & gas holdings with small-micro cap energy equities that add even more upside to their portfolio.
-The company reworks and re-completes existing oil wells once thought to be exhausted of their oil.
-It currently has 6 producing wells.
-AGYP stock has been extremely volatile over the past 18 months; with bullish moves from
AGYP stock currently sits at its 12-month low, meaning it could be an ideal entry point for speculative investors.
But why?
AGYP has been relatively quiet over the past few months. In one of its last press releases company CEO
News updating this progress could be a potential catalyst for the stock in the near term.
KEY TAKEAWAY
Anytime you can place bets on the same side as Buffett, it's usually a good choice. Blue-chip energy stocks should provide consistent returns in the coming months, and diversifying with higher risk options in the space such as AGYP could bring investors major windfalls in the near term.
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