Energy Stocks Aren't Running on Empty Yet
The party might not be over for investors hoping to profit from rising energy prices, though oil and coal stocks as well as raw-commodity prices have posted big gains.
"It certainly isn't early," said Ken Crawford, who follows the energy industry for Argent Capital Management in Clayton, "but I don't know that it's late."
Investors who might put money into oil or energy plays must weigh the long-term prospects for prices, he said. "Is $55-a-barrel oil normal, or is $35-a-barrel oil normal?"
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