Predictions for 2007
Unless the iPhone is not released....
I like Exxon Mobil. Posted record profits all through last year (I believe it was over $10B in 1 qtr alone). With the current situation in the international political scene, oil will be scarce for another year.
John
I like Exxon Mobil. Posted record profits all through last year (I believe it was over $10B in 1 qtr alone). With the current situation in the international political scene, oil will be scarce for another year.
John
Originally Posted by ATOice,Jan 2 2007, 08:42 PM
Stick with energy stocks. We need them, we use them, and they tend to make a lot of $$$$.
). We could see some rough patches (like today) for the energy stocks as the price of crude remains volatile and the warmer-than-normal winter over much of the country and resultant pressure on heating oil is hurting the crack spreads (refining margins). Long term energy should generally be a good investment though.
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Originally Posted by cthree,Jan 3 2007, 11:26 PM
Energy/oil lovers got a rude start to 2007. Still sticking with energy?




