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Crude connection: 4 stocks with 'hold' ratings & 3 others that analysts upgraded to 'buy'
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When oil prices rise, there are a lot of companies whose stock prices suffer because the narrative is that margins are going to get hit. But when oil prices decline, the recovery in these stocks is not at the same pace.
But over a long period of time, margins tend to recover due to productivity gains and ability of the companies to to pass on the price increase. After remaining at elevated levels, crude oil prices have slipped below critical
. Read more on economictimes.indiatimes.comAbout this in other media
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