Picks for $220 Oil - TurnkeyOil

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Picks for $220 Oil 0 comments

Apr 5, 2011 1:44 PM | about stocks: ATLS, AG, PARR.OB, KOG, ROYL, TM, SQM, SSN, RIG, BP, DRYS, HERO, UNP, NSC, BRK.A

Picks, picks, and more picks! There are daily speculations about oil stocks that you should choose. Why not take in one more opinion, it might just be the one that strikes a chord. Michael Bryant of Seeking Alpha points out some great oil stocks that he chooses as his upcoming picks. If you have been keeping up with us at Turn Key Oil, you know that we pick these too! For example, we have been eying stocks such as Kodiak Oil (KOG), Royale Energy (ROYL), and BP (BP) as far back as November on Investors Hub. One more speculation can never hurt!

As oil is likely to rise, I stand by my old picks: Atlas Pipeline (AHD), Delta Petroleum (DPTR), First Majestic Silver (AG), Great Panther Silver (GPL),and Royale Energy (ROYL) from my $140 oil article.These stocks will likely perform the best if oil rises. As for Toyota (TM), the current tsunami in Japan has crippled the stock, and it now seems a buy not on oil but as a value play. On Chemical & Mining Company of Chile (SQM); lithium will be in very high demand if oil soars.
Two additional picks I would recommend are Samson Oil & Gas (SSN)and Kodiak Oil (KOG). Both have significant interest in the Bakken Shale in the U.S. and seem poised to jump if oil surges.
Other plays I would recommend are oil services. As oil rises or falls (it will be volatile as news of the Middle East and North Africa situation come out) companies that provide services to oil producers will still be in high demand.

Read the rest of the article here: http://turnkeyoil.com/2011/04/04/picks-for-220-oil/

Stocks: ATLS, AG, PARR.OB, KOG, ROYL, TM, SQM, SSN, RIG, BP, DRYS, HERO, UNP, NSC, BRK.A

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