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These oversold energy stocks could be ready to rebound

February 27, 2017

Via: CNBC

The Dow Jones Industrial Average eeked out another all-time-high on Friday — its 11th record close in a row.

The S&P 500 also notched a new high and its longest winning streak in nearly a year.

But not all areas of the market are participating. Energy, the worst performing sector in the S&P this year, is down nearly 7 percent.

Using hedge fund analytics tool Kensho, CNBC looked for the most statistically oversold stocks in the energy sector, as measured by the stock’s standard deviation.

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