Why This Oil Stock Is Our Pick of the Week

The oil stock Phillips 66 (NYSE: PSX) is the Money Morning Pick of the Week. Phillips 66 stock has held up surprisingly well over the past year despite plummeting oil prices - it's actually up about 6.5%. And while Wall Street is still down on oil stocks, one of the world's most successful investors has been loading up on it lately. He's obviously sees value here. And when you look closely, there are plenty of reasons to like Phillips 66 stock... Tags: NYSE: PSX , oil stock , oil stocks , Phillips 66 stock , Phillips stock , PSX stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why This Oil Stock Is Our Pick of the Week appeared first on Money Morning - We Make Investing Profitable .