I'm not ready to call a bottom in oil prices yet,said Richard Tallis,an energy analyst at Capital One,but it is a good time to focus on oil stocks.Currently I'd go with individual names rather than an etf.You want names with a strong balance sheet.Concho Resources works in the Permian basin.They have a long track record and a very strong balance sheet.They will add acreage over the next few years.*
The general consensus on the price of oil is,it may go down even to the upper 30s,but will rebound to the 60s 0r 70s in the second half of the year.*
Now is a good time to get in,says Chad Brownstein of Rocky Mountain Resource Holdings.It's time to hit the oil services sector.For the retail player,find oil services companies that are trading at one to two times cash flow,and with late-term debt at not more than two times leverage;prudent balance sheets;and long-term contracts.
The equity trades for mid-size companies are down 70%.They're at bottom,bargain basement prices.Start with your toe in the water here.Mid-40s is the bottom of oil prices.OPEC played their card in early November.They hurt the American companies,but they're not going to hurt themselves.I can see that in mid-summer the cards will be in place,Mr.Brownstein observed.*
Concho Resources(CXO),Market Vectors Oil Services Fund ETF(OIH)
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Showing posts with label Capital One Financial. Show all posts
Showing posts with label Capital One Financial. Show all posts
Monday, January 12, 2015
Tuesday, January 21, 2014
Market Views:GM,Tesla and the Fate of Coal
Burberry's numbers were great,but the store numbers were bad,said CNBC analyst Jim Cramer.They were all digital.*
At Bank of America,your expenses are going down.Deposits are going up.I think the stock is more of a buy than Citigroup.*
I think GM stock going down is just a screaming buy.Whether there is a price war,what's far more important is the pension headwind going tailwind.
There's an element of rigour that Ford and GM have that Tesla has to stick to.This is a cult stock,so their recall of the word "recall" was tweeted.This is a press release company.When they go up from two to four cars in China,I'm talking about a big revenue increase.I'm not gonna get in the way and short this stock.Their cars are loved.These are sea change stocks.If you believe in electronics and solar,then you believe CEO Elon Musk is giving you two great stocks in Tesla and SolarCity.*
BMO has upgraded Intel from hold to buy on PC sales stabilising.There is a point at which I buy Intel.If the Hewlett-Packard comeback is for real,then Intel and Microsoft are possibilities.*
A lot of people think coal is coming back.Oh,will you give me a break?Coal is going away.The shrinkage of coal because of the EPA is just taking people's breath away.They're not even buying equipment to mine coal.*
BlackRock had an amazing quarter.CEO Larry Fink is doing a great job there.
American Express is doing very well.They're doing a remarkable job at expense control,but my charitable trust has sold it.That stock is not where I want it to be.I think Capital One is the leader in that category,master investor Jim Cramer observed.*
Captial One Financial(COF),General Motors(GM),BlackRock(BLK),Intel(INTC),Tesla(TSLA),SolarCity(SCTY),Burberry Group PLC(BRBY),Bank of America(BAC)
At Bank of America,your expenses are going down.Deposits are going up.I think the stock is more of a buy than Citigroup.*
I think GM stock going down is just a screaming buy.Whether there is a price war,what's far more important is the pension headwind going tailwind.
There's an element of rigour that Ford and GM have that Tesla has to stick to.This is a cult stock,so their recall of the word "recall" was tweeted.This is a press release company.When they go up from two to four cars in China,I'm talking about a big revenue increase.I'm not gonna get in the way and short this stock.Their cars are loved.These are sea change stocks.If you believe in electronics and solar,then you believe CEO Elon Musk is giving you two great stocks in Tesla and SolarCity.*
BMO has upgraded Intel from hold to buy on PC sales stabilising.There is a point at which I buy Intel.If the Hewlett-Packard comeback is for real,then Intel and Microsoft are possibilities.*
A lot of people think coal is coming back.Oh,will you give me a break?Coal is going away.The shrinkage of coal because of the EPA is just taking people's breath away.They're not even buying equipment to mine coal.*
BlackRock had an amazing quarter.CEO Larry Fink is doing a great job there.
American Express is doing very well.They're doing a remarkable job at expense control,but my charitable trust has sold it.That stock is not where I want it to be.I think Capital One is the leader in that category,master investor Jim Cramer observed.*
Captial One Financial(COF),General Motors(GM),BlackRock(BLK),Intel(INTC),Tesla(TSLA),SolarCity(SCTY),Burberry Group PLC(BRBY),Bank of America(BAC)
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