Home>Topics>>3 Reasons To Buy BP's 5.4% Yielding Shares Now
3 Reasons To Buy BP's 5.4% Yielding Shares Now
Long Investing Ideas from Seeking Alpha
Tue, 20 Nov 2012
By Hawkinvest : Shares of BP plc ( BP ) could be one of the best values out of all the major integrated oilstocks. While the company has made enormous progress on dealing with the oil spill in the Gulf of Mexico, and even though it recently agreed to settle some claims with the United States ...
Morningstar's Paul Justice sees the issues facing BP as being industrywide and that investors should look at smaller oil explorers and natural gas plays instead of buying a basket of oil majors.
Morningstar StockInvestor editor Paul Larson says the potential downside is capped for this coastal Florida landowner, while the upside is big at current stock prices.