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September 3, 2003

Energy outlook worries investors despite gains

  • Investors fear the energy sector is on the brink of collapse because prices will soon plunge as more supply floods the market.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK -- Ask investors what they are looking for in stocks, and they are sure to point to strong earnings, pricing power and healthy dividends. Then ask what they're buying, and they are likely to tell a very different story.

    Nothing in today's market might reflect that disconnect more than investors' tepid interest in energy stocks. Their strong fundamentals should make them a stock-picker's delight, but these shares still aren't getting much attention.


     
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