It’s no secret that has prices have slowly but surely been back on the rise especially now because oil is trading at around $60. Today’s article discusses whether investing in oil and energy stocks now is the way to go. Here’s what they had to say, “Bank of America Merrill Lynch (BAC) put out a note last week telling clients now is the time to buy. Hedge funds have already pounced. The 50 largest hedge funds bought a lot of energy stocks (e.g. Williams Partners (WPZ), Energy Transfer Partners (ETP) and Kinder Morgan (KMI)) in the first quarter, according to their latest stock disclosures.” To read more, CLICK HERE.
