The Trade: Buy these stocks as oil falls

Oil drilling
Shamil Zhumatov | Reuters

Oil prices are down more than 10 percent in February after just two days. So what do you buy if the energy commodity stays weak the rest of the month?

Using Kensho, a quantitative tool used by hedge funds, CNBC Pro found the top-performing S&P 500 names when oil prices fell by at least 10 percent over a month — such a move occurred in 27 instances in the last decade.