Right now investors are afraid to put their money on any oil stocks. Well, considering the oversupply of oil which in turn caused its price to free-fall, that wouldn’t be a surprise. But Wall Street predicts that this 2015, several oil stocks under the S&P 500 are expected to recover flamboyantly.
Freeport McMoRan Inc (FCX), Nabors Industries Ltd. (NBR), QEP Resources Inc (QEP) and six more S&P 500 stocks are expected to recover this year according to Wall Street. This news made the day trading community to actively watch the market for signs that would indicate that these stocks are starting to recover.