Is ConocoPhillips Stock an Obvious Buy Right Now?
If there is one thing that investors need to understand about the energy sector, it is that oil and natural gas prices are inherently volatile. But there's a somewhat counterintuitive takeaway here. Sometimes the best investment opportunities arise when business in the oil space isn't going so well.
Which is why investors might want to buy (NYSE: COP) today. Indeed, the company's successful business overhaul is so obvious that it is hard not to notice (at least partly because the company is so happy to point it out).
Image source: Getty Images.
Source Fool.com
ConocoPhillips Stock
€74.76
-1.620%
The stock is an absolute favorite of our community with 62 Buy predictions and no Sell predictions.
With a target price of 101 € there is a positive potential of 35.1% for ConocoPhillips compared to the current price of 74.76 €.
