3 Charts Show How Overvalued Some Oil Stocks Have Become

The price of oil has climbed sharply in the last month. As of April 17, futures of WTI oil were priced as high as $56.81. That's a gain of more than 29% from their $44.03 bottom from mid-March. Investors trying to play rebounding prices have flooded into oil stocks in the last month. But investors trying to buy in now are looking at highly overvalued stocks. And these three charts show why... Tags: Crude Oil Prices , investing in oil , Oil , oil investing , oil investments , oil price , Oil Prices , oil stocks , price of oil To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post 3 Charts Show How Overvalued Some Oil Stocks Have Become appeared first on Money Morning - We Make Investing Profitable .