Is Chesapeake Energy Stock a Buy?

Chesapeake Energy (NYSE: CHK) is one of the most popular stocks in the energy sector even though its share price has cratered over the past year. As its price has fallen, however, speculators have been snapping up shares, fueled by the view that what has gone down must go back up. The stock's surging popularity probably has those on the outside looking in wondering if they should jump on the bandwagon. 

Here's a look at what's fueling the bullishness as well as what could go wrong.

Image source: Getty Images.

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