Barrons likes three of our Sweet 16

[dan_s]

While energy has had an impressive rebound since its poor start to the year, not all stocks have enjoyed the resurgence. Permian stocks have taken a beating over worries about bottlenecks, and the gap between the price of West Texas Intermediate and Brent crude have widened.

3 Permian Oil Stocks Ready to Rebound
https://finance.yahoo.com/m/3b944b03-72 ... dy-to.html

However, that pessimism is overdone, argues Ann Miletti, senior portfolio manager at Wells Fargo Capital Management. Miletti heads up the firm's Private Market Valuation Equity team, which, as the name suggests, determines what companies would be worth if they were to be taken private, and buys stocks that are trading at a substantial discount to that figure. And at this time, a number of Permian stocks fit that bill.

All three stocks recommended in the article above are in our Sweet 16.

On Monday, Raymond James published an update on their view of the situation in the Permian Basin. RJ thinks (as I do) that the Wall Street Gang has blown the pipeline takeaway capacity issue way out of proportion to reality. RJ lists several Permian Basin stocks (most of them are in our Sweet 16) that they think are grossly over-sold. If you want to see the RJ report, send me an email at dmsteffens@comcast.net