Is BP Stock a Good Investment?

I spend most of my investing energy focused on long-term, tax-advantaged investment options. But I can’t help but be curious about potential quick money makers like this one…

BP stock has lost about 50% of it’s value over the last 3 months. The Deepwater Horizon explosion and subsequent oil spill have sent the stock on a downward spiral. However, with the recent discussions and agreements with the US Government, the stock seems to have stabilized around $30, with some people saying that BP is now a buy.

What’s your take? Are their any active traders out there that are taking a calculated risk with BP stock? If so, I’d love to hear your analysis in the comments below.

Links from Last Week…

5 Ways to Calm Your Fears when Investing
Celebrity Net Worth Roundup
5 Retirement Moves for New Graduates
Different Ways of Investing Your Money
Are EFTs Bad for Investors?
Is it Better to Buy or Rent? [Infographic]

Carnivals from last week: Financial Planning, Frugality, Best of Money, Taxes, Money Stories, and Personal Finance

Share Button



Last Edited: February 18, 2012 @ 1:51 pm
About Philip Taylor

Philip Taylor, aka "PT", is a husband and father of two. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or view the Philip Taylor+ Google profile.