CASY News & Analysis
Tim Seymour: Don’t Panic As Oil Hits New Highs
23 Feb 2012 EST - CNBC.com
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“You’re running out of steam up here, quite frankly, because the market will stop paying above $120 oil,” he said. “Equity market is very nervous about paying more for oil stocks.”
There was, however, one exception.
“If you’re worried about the rollover, which I am, look at ConocoPhillips,” he said. “That’s going to be super-defensive.”
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