This Renewable Energy Play Offers A Hedge Against Economic Risks ...Middle East

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This Renewable Energy Play Offers A Hedge Against Economic Risks
source : OILPRICE ( Middle East ) () 25
With energy stocks having bucked the market trend this year, generally going up as the major indices have collapsed, finding bargains in the sector is just about impossible. It seems like every US based oil and gas company is knocking around its 52-week high. A couple of weeks ago, despite that, I wrote that I am still bullish on big oil based on oil prices that, while choppy, have held up well in the face of a global recession threat, the fact that I’m not sure that threat will materialize, and, most of all, big oil stocks’ low P/Es…

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