After the Bell
Before the Bell
Jim Cramer's Daily Booyah
Winners & Losers
SOURCE Biglari Holdings Inc.
A 514-rig drop in the past year stands to benefit energy companies from explorers and producers like Exxon Mobil to oilfield services companies like Baker Hughes.
Portfolio manager Yale Bock likes BP, Interval Leisure and IAC/InterActiveCorp. He also likes Biglari Holdings, whose shares have risen this year.
Shares of BP have dropped over 6% this year and 25% on the past 12 months, but as oil recovers the oil major could see a tremendous bounce.
Pfizer and Allergan have called off their merger.
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