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MGYOY: 3 Energy Stocks Under $5 Rated Strong Buy in the POWR Ratings

MOL Hungarian Oil and Gas PLC(NASDAQ:MGYOY): As the global economy revives, rebounding energy demand has pushed energy prices to multi-year-highs. Furthermore, because the EIA predicts households will spend more on energy this winter, energy prices are expected to remain high considering the supply shortage. Hence, we think low-priced energy stocks MOL Hungarian Oil and Gas (MGYOY), TransGlobe Energy (TGA), and Blueknight Energy (BKEP) could be solid bets now. These stocks are rated ‘Strong Buy’ in our proprietary POWR Ratings system. Read on.

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