Link/Dicker: Refiners One of the Few Bright Investment Spots in the Energy Patch

Dan Dicker, Energy contributor at TheStreet.com, talks with Stephanie Link, Co-portfolio director of Action Alerts Plus, about the continuing disaster occurring to stocks in the oil patch. Dicker, however, has found a reasonable investment opportunity in refining. Refiners benefit from lower input prices and greater demand when the prices of crude oil and gasoline fall. And even though the refiners are mostly helped by dropping energy prices, their share prices are often discounted when the prices of other oil companies go down. This kind of 'guilt by association' in the energy patch creates an opportunity to buy refiner shares at relatively cheaper prices. Dicker particularly likes Marathon Petroleum and Valero.