By David Randall
NEW YORK, April 18 (Reuters) - After several false starts
over the last two years, U.S. fund managers are betting that
energy stocks have finally hit bottom.
Firms including T. Rowe Price, Fidelity, and American Funds
have been adding shares of exploration and production companies
that they say have the most to gain from oil prices stabilizing.
The price of oil fell from $115 a barrel to $27.88 between June
2014 and January of this year, yet is up more than 50 percent
s
Read more
No comments:
Post a Comment