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Entry Prices on Oil Plays

Now that we a finally getting a pullback in the energy complex, here are some new calculated buy prices for a few select energy stocks.

Marathon (MRO)- $70 or less.
Conoco (COP)- $60 or less.
Sunoco (SUN)- $85 or less.
Valero (VLO)- $57 or less
Exxon (XOM)- $59 or less.

Disclaimer—This is for informational purposes only and is in no way a solicitation or an offer to sell securities. I am a registered investment advisor, but only provide solicited advice to clients of our firm in states where we are registered or where an exemption or exclusion from such registration exists. nothing on this website should be interpreted to state or imply that past results are any indication of future performance. carefully assess your own risk tolerance and goals before investing.

Comments (1)

Tifosi:

Dear John,

A while back you had indicated that you believed that the top oil analyst on the street is Doug Terreson from Morgan Stanley.

We would appreciate if you could also suggest entry prices for the stocks Doug had mentionned, as Talisman is a favorite of mine that he had recommended.

Thank you very much for your insights.

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