It's time to take a look at some energy stocks that are attractively valued, according to Jay Peters, portfolio manager at NewEdge Wealth. The investor joined CNBC's "Power Lunch" on Thursday to discuss his view of two energy stocks and a semiconductor company, saying they stand out as buying opportunities. Here's what he had to say. APA Corp. APA, formerly Apache, stands out as a quality oil and gas exploration company, Peters said. "Apache stands out as a company that's been incredibly operationally efficient, able to raise their production while cutting their costs," he said. "And, from a fundamental standpoint, is a company that trades at eight times earnings, with a 20% free cash flow yield, really diversified production base, not only here in the Permian, but also with assets in the
Some energy stocks offer further upside from rising demand, Jay Peters says
CNBC Investing22 hrs ago
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