Fast Money's Falling Oil Price Trade Portfolio - Stockpickr! Your Source for Stock Ideas

Fast Money's Falling Oil Price Trade

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Created by barrons2

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Date updated:05-14-2008

If oil’s run is done what are the next ways to play the commodity trade? Although many investors recommend moving to early cycle stocks, I don’t think that's the right way to play it, says John Roque, Natexis Bleichroeder Technical Analyst. I recommend sticking with leadership groups which are commodities.

DRYS
Dryships Inc.
$6.12
-1.13%
$6.21

Trends in this chart suggest to Roque that the stock could go to $124. I also like this stock, adds Guy Adami. However it’s important to note that this is a volatile stock. I’m not that crazy about this company, counter Jeff Macke. I’d let it come down before getting in.

People owning DRYS also tend to own: ACI AINV ANR APC BBD BTU CHK

TheStreet.com Rating: D+ What is this?

EP
El Paso Corporati
$9.56
+0.63%
$9.44

Trends in this chart suggest to Roque the stock could go to $24.

People owning EP also tend to own: ABP APU BKMU FEIC HAL PEP YUM

TheStreet.com Rating: C- What is this?

OII
Oceaneering Intl
$54.63
+0.77%
$53.97

Trends in this chart suggest to Roque the stock could go to $86.

People owning OII also tend to own: AEM CNX DXD EGY GG MTU NANX

TheStreet.com Rating: B- What is this?

GNK
Genco Shipping
$23.48
0.00%
$N/A

Najarian said he likes a lot of these names. He agreed that DryShips looks ready to go up. He said he also likes Genco (GNK). Seymour said he also likes Genco, and that a shortage of ships is supporting shipping rates.

People owning GNK also tend to own: BDG BRNC DHR DISH FPL JOYG MRK

TheStreet.com Rating: C What is this?

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