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Actionable news in TS: TENARIS S. A.,

Fernando M. Pertini

Oil Prices Are Up. What about Energy Shares? Oil Service Stocks now trading at 3+ year low relative to Oil despite crude rallying. Absurd undervaluation particularly when watching the US cash oil market is "on fire" Magellan East Houston +$5.30 over WTI Light Louisiana Sweet +$6.55 over WTI J.P. Morgan Asset Management global market strategist David Lebovitz was quoted on today's WSJ saying “Energy equities are now unloved by investors” As I always say... Buying unloved, hated sectors when nobody wants them is how you buy world-class assets for bargain prices. Is time for serious energy-related shares "shopping"

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