Buying Something Hated
The most hated sector right now is anything energy related. If you are looking for value and will forgo any momentum, then I suggest you take a look the integrated oil companies. My favorites include Suncor (SU) , Occidental (OXY), Chevron (CVX), and Conoco (COP). All are closer to their 52-week lows than their 52-week highs. And all now yield at least 2% (except SU). Suncor is the most levered to the price of crude with its Canadian Oil Sands.
From Bill Cara via Trader Mike
Credit Suisse says commodity crash likely over, Fri., Sept. 15, 2006, 12:59 PM
From Bill Cara via Trader Mike
Credit Suisse says commodity crash likely over, Fri., Sept. 15, 2006, 12:59 PM
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