Energy is the cheapest sector

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dan_s
Posts: 37326
Joined: Fri Apr 23, 2010 8:22 am

Energy is the cheapest sector

Post by dan_s »

Read: https://www.investing.com/analysis/a-pi ... -200206877

High quality energy stocks are trading at price to book value ratios much lower than the general market. Plus, book values include big impairment charges, meaning that the book value of their assets is much lower than current market values.
Dan Steffens
Energy Prospectus Group
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