Related: Robert Shiller is buying stocks in Europe
The bullish case for Big Oil: Some experts disagree with Buffett. They believe now is actually the time to buy Big Oil companies. BlackRock (BLK), the world’s largest asset manager, said integrated oil companies are its favorite in the beaten-down energy sector.
“We favor the ‘super majors’ because of their strong balance sheets, high dividends and integrated business models,” the BlackRock Investment Institute wrote in a recent report.
–
“Valuations of global energy stocks have fallen, but selectivity is important,” BlackRock wrote.
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.
