Im still digging in my backyard.
If I hit anything, add it to the list.
Exxon Mobil
Conoco
Recon Africa
Hess
Phillips 66
Hess
Halliburton
You told me to tell all my friends
To buy a certain stock.
Well, they went out and bought it,
And now, they're all in hock.
A Tale of the Ticker--Frank Crumit (1929)
This little pig went to market
Where they buy and sell the stocks.
This little pig came home again,
With his system full of shocks.
XOM is a good, not great stock that will pay you almost 5% to wait for higher prices, if you like the kind of “dogs of the Dow” style of investing.
COP I consider one the most skilled operators there is.
HES EXTREMELY tightly correlated to the price of oil POO and VERY volatile.
I’m not especially bullish on oil, but the cycles in oil definitely exceed my attention span.
The refiners are an entirely different kettle of fish. Sometimes they react in concert to the POO, sometimes they react just the opposite. Never been able to figure it out. Plus they go thru their own hiccup seasonally when the blends are reformulated. Oh, and once a year a refinery will blow up. I like trading them, even though they consistently outwit me, which is not that hard.
When I see the phrase “hottest stocks”, I am reminded of this story. Vanguard mutual funds founder Jack Bogle was once asked about the best financial advice he ever got.
Bogle said it happened when he was youngster, working as a messenger at a brokerage. An older worker there told him this: “Nobody knows nothing.”
So Bogle decided to go the index route instead. That makes sense to me. But then again, I missed the great run up of Microsoft and Amazon stock.
I’ve held XOM for many moons and it’s been a dog. Meanwhile, Tesla and SpaceX are soaring. I don’t have the courage to bet on Elon Musk, but it seems that the best returns are associated with the bravest investors.
Thanks. I’m still buying defense stocks and generator stocks (think California blackouts).
Anyone bother to check out the user discussion forums at that website? It’s filled with leftists. It just seems bizarre, a site dedicated to what amounts to monitoring, and essentially the encouragement of making money on oil, but all the users and authors of the site are hardcore American commies.
No Apache? That’s weird.