Are Oil and Energy Stocks Cheap?
Crude oil prices (NYSEARCA:USO) have crashed 50% over the past 9-months and energy stocks (NYSEARCA:XLE) were the only S&P 500 sector to post a loss in 2014. The bear market in energy commodities (NYSEARCA:JJE) has prompted certain Wall Street analysts to argue that energy and oil stocks (NYSEARCA:XOP) represent a good value. Is the beaten up …