BP (BP +11.6%) shares are benefiting from energy moving higher, as well as bargain hunters who...

|By:, SA News Editor

BP (BP +11.6%) shares are benefiting from energy moving higher, as well as bargain hunters who see overselling not just in BP, but in other spill-related stocks: APC +10.9%, RIG +5.7%, CAM +5.2%, HAL +6.9%. J.P. Morgan's thesis favoring larger oil-services firms during the drilling moratorium means upgrades to Baker Hughes (BHI +8.8%) and Weatherford (WFT +3.9%).