The following video is from Tuesday's Market Foolery, in which host Chris Hill and Motley Fool analysts Mike Olsen and David Hanson give their Foolish take on the biggest investing stories of the day.
Shares of BP (NYSE:BP) hit a 52-week high after Q3 earnings results came in. The company saw profits fall off 34% but is increasing its dividend. In this segment, the guys discuss why the market is reacting the way it is to BP, what they think of the stock, and how it compares with some of the other big players in the energy space.
Chris Hill and David Hanson have no position in any stocks mentioned. Michael Olsen, CFA owns shares of ExxonMobil. The Motley Fool recommends Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.