Fast Money's High Oil Stock Plays
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Date updated:03-05-2008

With oil touching $102 Wednesday, what should be your next move? Veteran oil trader Joe Terranova explains how to trade it.

symbol name last price % change open
  • +
  • USO
    U.s. Oil Fund Et
  • $37.61
  • 0.00%
  • $37.13

I recommend getting long the commodity itself with a stop out at $95, says Jeff Macke. Or investors can look at the United States Oil Fund.

People owning USO also tend to own: AAADMCCRTCVXEWBCFMDMRO

TheStreet.com Rating: No Rating What is this?

  • +
  • XTO
    Xto Energy
  • $43.15
  • 0.00%
  • $44.02

Check out XTO Energy and ConocoPhillips, Pete Najarian adds.

People owning XTO also tend to own: APAAPCBHICHKCOPCVXDVN

TheStreet.com Rating: C+ What is this?

  • +
  • COP
    Conocophillips
  • $47.93
  • 0.00%
  • $48.00

Check out XTO Energy and ConocoPhillips, Pete Najarian adds.

People owning COP also tend to own: AAALLAPCBUDCVXDOWGSK

TheStreet.com Rating: D What is this?

  • +
  • RIG
    Transocean Ltd
  • $83.76
  • 0.00%
  • $82.90

Investors could also buy the drillers and explorers. In the space I like Transocean (RIG) and Equitable Resources (EQT) says Tim Seymour.

People owning RIG also tend to own: GSFHPNBRAAPLADBEBBYCMCSA

TheStreet.com Rating: C+ What is this?

  • +
  • EQT
    Eqt Corp.
  • $38.15
  • 0.00%
  • $38.81

Investors could also buy the drillers and explorers. In the space I like Transocean (RIG) and Equitable Resources (EQT) says Tim Seymour.

People owning EQT also tend to own: INSPSUGSYMCAAPLABBAMZNBP

TheStreet.com Rating: B What is this?

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