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Enter Symbol:
Apache Corporation (APA) [hlAlert]

down 63.44 %

Apache Corporation (APA) upgraded to Outperform by Bernstein

Posted on: Wednesday,  Mar 26, 2008  8:25 AM ET by Bernstein

Bernstein rated Outperform Apache Corporation (NYSE: APA) on 03/26/2008, when the stock price was $117.06. Since
then, Apache Corporation has lost 63.45% as of 12/15/2015's recent price of $42.79.
If you would have followed this Bernstein's recommendation on APA, you would have lost 63.44% of your investment in 2820 days.

Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. In North America, Apache's exploration and production interests are focused on the Gulf of Mexico, the Anadarko Basin, the Permian Basin, the Gulf Coast and the Western Sedimentary Basin of Canada. Outside of North America, Apache has exploration and production interests offshore Western Australia and in Egypt, and exploration interests in Poland and offshore The People's Republic of China.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2008 8:25 AM Buy
as of 12/24/2008
1 Week down  -0.01 %
1 Month up  1.21 %
3 Months down  -9.04 %
1 YTD down  -42.50 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2007 9:25 AM Hold

(*) Stock Price at the time of the recommendation.
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