Fast Money's High Oil Stock Plays
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Created by barrons2
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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
  • $33.27
  • -10.68%
  • $36.71

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 Inc
  • $38.11
  • -4.53%
  • $39.43

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
  • $53.24
  • -4.38%
  • $55.00

Check out XTO Energy and ConocoPhillips, Pete Najarian adds.

People owning COP also tend to own: AAALLAPCBUDCVXDOWGSK

TheStreet.com Rating: C+ What is this?

  • +
  • RIG
    Transocean Ltd
  • $54.91
  • -3.53%
  • $55.69

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: B- What is this?

  • +
  • EQT
    Equitable Res Inc
  • $33.82
  • -4.14%
  • $34.86

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: C What is this?

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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.

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