Fast Money's Biggest Losers For High Oil
434 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons2
DESCRIPTION:

Date updated:05-29-2008

As oil surpasses $135 for the first time you know who benefits – but who's the biggest loser?

symbol name last price % change open
  • +
  • PTR
    Petrochina Co Ads
  • $94.59
  • -6.58%
  • $96.21

It’s ironic in a way, but according to Tim Seymour, certain oil companies are going to have the hardest time coping with $135 crude. A company like PetroChina (PTR), that produces a refined product which it then has to subsidize to a local market, is going to suffer, he said.

People owning PTR also tend to own: AOBASNBBCCEOERFHLXLONG

TheStreet.com Rating: 0 What is this?

  • +
  • MRT
    Morton's Rest Grp
  • $3.22
  • +4.55%
  • $3.10

How about the high-end steakhouses? Guy Adami offered. Who is driving to Morton's (MRT) or Ruth's Chris (RUTH) for an expensive meal when the gas it takes them to get there could be more expensive? These stocks have already been crushed, but he expects the pain to intensify.

People owning MRT also tend to own: ACTIAIGADESAEPAMGNAVIDBCS

TheStreet.com Rating: D What is this?

  • +
  • RUTH
    Ruth's Hospitalit
  • $2.12
  • +0.47%
  • $2.11

How about the high-end steakhouses? Guy Adami offered. Who is driving to Morton's (MRT) or Ruth's Chris (RUTH) for an expensive meal when the gas it takes them to get there could be more expensive? These stocks have already been crushed, but he expects the pain to intensify.

People owning RUTH also tend to own: APLCLRKFDGFRPMICTRLGTYG

TheStreet.com Rating: D+ What is this?

  • +
  • HTZ
    Hertz Global Hold
  • $5.73
  • -5.45%
  • $5.99

Jeff Macke offered rental car giant Hertz (HTZ) as one of the biggest losers of $135 oil. The summer travel season is going to be worse than people think, he said. It will be “abysmal.” If no one is flying, certainly no one is renting cars, he said.

People owning HTZ also tend to own: CBSTGLDJDSUHALMPELAAPLCSCO

TheStreet.com Rating: D- What is this?

Portfolio not tracked!

12/07/2008 21:27 PM CST Asked by paintcode
not sure about HTZ. oil prices will go back up and as a car rental company, it will get hit pretty bad

ADD YOUR COMMENTS:

Cramer's Take on Top-Searched St...

Stocks were mixed yesterday after retailers reported their numbers for the Christmas season. Wal-Mart (WMT), the nation's largest retailer, said December sales at stores...

01.08.09 | 22:18 PM
Latest Activist Situations

Activist investing is never an easy task, but by following the latest activist filings, you can piggyback off of some of the smartest money managers and hedge funds ever. ...

01.08.09 | 18:19 PM
Jim Cramer's Portfolios of the Week

Jim Cramer is optimistic on the stock market for 2009. According to his analysis, the Dow Jones Industrial Average could produce a gain of 13.1% this year based on his pred...

01.08.09 | 17:35 PM
Cramer's Take on Top-Searched St...

Investors were spooked on Wednesday as bleak broad-based corporate outlooks and dismal employment data dominated headlines. Stocks experienced their largest drop in more t...

01.07.09 | 21:39 PM
more articles
How Do I.......Screens, Scans &a...
12.08.08 | 16:18 PM From author kos1
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZackAttack
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Cartoon Thread
11.15.07 | 20:31 PM From author Gov. Peter Blagojevich
more forums
Q. Cramer has been pushing buying p...
01.09.09 | 00:05 AM Asked by Johnny1205

A. There IS an advantage to ariticulate
one's gameplan, whether a trader or an
investor.

As an investment (at least one year and
a day), NOV and RIG represent money in
the bank.

NOV is deep in the money (on hand) with
respectable backlog of orders and RIG is
best of breed deep sea driller currently
operating where the proven oil reserve
is for the future.

today 's lists
Analyst Downgrades

Analyst Downgrades for Jan. 5, 2009 more

Dogs of the Dow

Dow Jones Industrial Average stocks that have a yield of greater than or equal to 3. In the description box for each stock is its current yield. more

Biggest % Gainers

Here are some of the largest % gainers from Jan. 8, 2009. more