Hedge funds back to buying energy stocks

Shares have been at the top of rally that began when markets slid in February

NEWYORK
— Bloomberg
Markets


What happens when you turn so sour on an industry that you cut holdings to the lowest level in seven years — and that industry rallies the most since 2011? According to one analyst, you buy. That’s the theory of FBN Securities Inc’s JC O’Hara, who...

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