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This Oil Stock Is Scorching Hot Right Now (Is It Still a Buy or Will It Burn Investors?)

Tags: oil stock
DATE POSTED:January 12, 2018

Shares of W&T Offshore (NYSE: WTI) have enjoyed an impressive run lately. The stock was up another 10.5% this week, which pushed its year-to-date rebound to more than 45% (and we're only two weeks into the year). In fact, since last September, shares are up more than 150%.

That said, even with those gains, the stock is still down more than 70% over the past five years, suggesting it could have more room to run. However, while that upside potential might be tempting, this oil stock comes with a boatload of risk.

Image source: Getty Images.

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Tags: oil stock