Devon's Shares Rise 8.1% in a Month: Is it a Good Time to Buy?

Devon Energy Corporation's (DVN) shares have gained 8.1% in a month, outperforming the S&P 500 index's return of 4% and the broader Zacks Oil and Energy sector's decline of 5.1%. While the one-month performance paints a positive picture for investors, looking at the last one-year performance is crucial for a fuller understanding. DVN's stock has declined 9.2% in the past year, suggesting it is on a gradual path to recovery. Another stock from the same industry, EQT Corporation (EQT) , registered a 14.4% dec ...