The high-yield allure of Devon Energy (NYSE: DVN) has investors' attention. In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at Devon, which Jason says is starting to look appealing. Tyler makes the case for Helmerich & Payne (NYSE: HP) as a better high-yield stock to profit from the oil market right now.
*Stock prices used were from the afternoon of Dec. 7, 2023. The video was published on Dec. 12, 2023.
Should you invest $1,000 in Devon Energy right now?
Before you buy stock in Devon Energy, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Devon Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.
*Stock Advisor returns as of December 11, 2023
Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends Helmerich & Payne. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.