Oil Stocks Are The Cheapest Equities On The Market

Billionaire David Tepper, who runs hedge fund Appaloosa Management, added this week another voice to the growing chorus of analysts and investors who are bullish on oil and oil stocks. At the online Robin Hood Investors Conference, in which Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, is also taking part, Tepper said he was long many of the oil stocks, which are the cheapest equities right now by any measure. That’s because of the public’s aversion to oil stocks as the society and investors push for Environmental,…