Fast Money's Oil Bottom Trades Portfolio - Stockpickr! Your Source for Stock Ideas

Fast Money's Oil Bottom Trades

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Created by barrons3

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Date updated:01-28-2009

With crude oil prices up four days in a row, Joe Terranova said the bottom is in and that investors should cover their shorts and start going on the long side. Terranova said all the technical and psychological indicators point to a bottom, adding the OPEC cuts are beginning to work

HES
Hess Cp
$57.40
-1.46%
$58.92

If you’re looking for a trade look at big oil, counsels Terranova. “I’d be a buyer of big oil on bad earnings. Maybe look at Hess [HES] and stay away from the United States Oil Fund [USO].”

People owning HES also tend to own: ADBE AGU COIN EBS EMU FRG GCT

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USO
U.s. Oil Fund Et
$40.55
+0.35%
$40.80

If you’re looking for a trade look at big oil, counsels Terranova. “I’d be a buyer of big oil on bad earnings. Maybe look at Hess [HES] and stay away from the United States Oil Fund [USO].”

People owning USO also tend to own: AA ADM CCRT CVX EWBC FMD MRO

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PBR
Petroleo Brasilei
$51.12
+0.45%
$50.69

Of if you’re looking for an emerging markets trade Tim Seymour recommends Lukoil (LUKOY) and Petrobras [PBR].

People owning PBR also tend to own: AAPL APA AUY BP C CME COP

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LUKOY.PK
Lukoil Co Spons A
$60.39
0.00%
$N/A

Of if you’re looking for an emerging markets trade Tim Seymour recommends Lukoil (LUKOY) and Petrobras [PBR].

People owning LUKOY.PK also tend to own: AKAM AMGN BK BOT CLB CME COP

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