At a time when energy stocks have done well, Tullow Oil (OTC: OTCPK:TUWOY), an independent oil and gas company, has been a laggard. The company stock has declined by 8.8% in the last one year. This investment coverage discusses the reasons for the stock remaining depressed and the reasons for being bullish on the stock for long-term. I must mention here that I am bullish on the stock with a 2-3 year time horizon. While there can always be positive surprises, I don't expect strong upside over the next 3-6 months. I will discuss the reason for this as well in my coverage. However, the next 3-6 months are ideal for accumulating this stock.
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