Eric Bolling: "Oil Should be $75 to $80"

7 Jan 12:53pm
Read original blog entry
Watch the following video...

Wall St. Newsletters




So, how to play it? the tickers are (USO), (DBO) and the double return (up or down) is the (DXO).

Right now, I find it hard to be investing in stocks. Financials are out, consumer discretionary will get hit and until we know what the stimulus is, jumping into infrastructure blindly is real risky.

So, that leaves certain commodities and I think the most value here is in oil..



Disclosure ("none" means no position):Long DBO, DXO
Visit the ValuePlays Bookstore for Great Investing Books

Comments

Back to top

Post comment

Back to top

Post a comment

Please login to post a comment

About

ToddSullivan

A Massachusetts based value investor, I look for companies whose current valuation is at a discount to their true value. When I purchase a stock, my typical holding period is several years. I consider buying a stock purchasing a piece of a business. I am confident once I make a decision to buy that eventually the market as a whole will recognize the true value of the business and value it accordingly. It may take 1 month, 6 months or a year, but if I buy it at enough of a discount to its true value my results will be (and have been) superior to the market as a whole. Of all the disparate investing disciplines, value investing has stood the test of time. The great investors of have all been value investors. Warren Buffett, Ben Graham, Bill Ruane (Sequoia Fund), Bill Miller and Wally Weitz, all have consistently outperformed the market for decades by using various forms of value investing. Currently I am a contributing writer to Seeking Alpha, Vinvesting.com, The Stock Masters and Value Investing News. Posts have been reprinted in The Wall St. Journal, Yahoo Finance, Google Alerts, Google Finance, TheStreet.com. 24/7 Wall St. and Topix.net.