homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

January 20, 2015

Energy stocks: Buy low? Get out of the way?

  • Mutual-fund managers and other professional investors have a warning: Don't be surprised if it takes years for the prices of energy stocks to fully recover.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — Bargain hunting can be a thrill, but remember that it can also be dangerous.

    Brave investors are picking through energy stocks, looking to buy those pummeled by the plunging price of oil. Billions of dollars flowed into energy-stock funds last month, a huge leap from the norm, enticed by prices marked down by 25 percent or more since last summer. But many mutual-fund managers and other professional investors have a warning for the bargain hunters: Don't be surprised if it takes years for the prices of energy stocks to fully recover.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.