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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.

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