Oil Prices Top $77 a Barrel (AP)
7-26-07: Forget about the sell off that is going on right now, primarily caused by the dismal housing sector. Do not panic, the market will recover. Look at the price of oil, close to $80 a barrel. This is a good opportunity to add those energy stocks to your portfolio. We see some obviously bargains out there such as HAL, VLO and CVX. These companies need not worry as they’ll continue to make a killing at the expense of consumers.
Comments
where do you see as entry points for HAL/VLO/CVX?
Since all 3 have been up 20%+ YTD, how much upsides do you see?
Posted by: Shen | July 26, 2007 09:50 AM