i own xle but looking for a llittle more pop on an inflation play.last time i was so sure of inflation i lost my ass.around 08 i think
My cost basis is about $40.Diggity said:
we all bought XOM at their 52 week lows...of course!
Hey, some of us were preaching on that XOM thread. OVV at ~2 was even better. They were caught in limbo between exchanges when it all went to *****Diggity said:
we all bought XOM at their 52 week lows...of course!
Nice tips, thanks. Also, you cant manufacture green technology without materials manufactured from oil and gas.jwright4288 said:
Bought some XOM when it was around $40 (should have bought sooner) mainly for the dividend but it's nice seeing 40% gains on a dividend stock.
Also a fan on EPD and MMP. Both are pipeline companies with huge dividends that I believe are undervalued still. Do look at their debt ratios, can be a point of concern but it pretty standard for pipeline companies. Also you'll have to take into account what you think the trend for oil and gas will be.
I decided no matter how "green" people want to be oil ain't going anywhere anytime soon no matter how many times people say it is and still like oil & gas over the long term.