Actionable news
All posts from Actionable news
Actionable news in APC: ANADARKO PETROLEUM Corp,

Fast Money Traders Share Their Picks In The Energy Space

Fast Money Traders Picks In Energy Space APCXLE

Tim Seymour said on CNBC's Fast Money that Anadarko Petroleum Corporation APC 0.3% is one of the companies that could do well now when crude oil is trading in the $52 to $55 trading range. He thinks that it's going to gain market share in this environment.

Karen Finerman is skeptical about the continuation of the bull market, but she thinks that traders who believe that we could see more upside should take a look at VanEck Vectors Oil Services ETF OIH 0.93%, because its components are more levered than the components of Energy Select Sector SPDR (ETF) XLE 0.31%.

Dan Nathan believes that Energy Select Sector SPDR (ETF) and SPDR S&P Oil & Gas Explore & Prod. (ETF) XOP 0.39% are going to consolidate after a breakout on the upside. He added that Schlumberger Limited SLB 0.37% could break out on the upside.

Guy Adami is a buyer of Anadarko. He thinks it could trade higher, to its low $80s.

© 2016 Benzinga does not provide investment advice. All rights reserved.