With Low Oil Prices Here to Stay: What Companies Should You Buy? Which to Avoid?

Dan Dicker, energy contributor to thestreet.com, talks with Jim Cramer about oil prices and oil stocks.
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Dan Dicker, energy contributor to thestreet.com, talks with Jim Cramer about oil prices and oil stocks. Dicker expects lower oil prices to hang around for a while, even though he believes that oil is vastly underpriced. But as oil stays low, it also brings the prices of oil and gas companies to levels that Dicker never thought he’d see again. That brings a double edged opportunity. Some companies are value priced and need to be bought for the long haul, while others will be at risk of not surviving low product prices. Dicker gives one name he believes represents excellent value in EOG Resources (EOG).