Petroleo Brasileiro S.A. (ADR) (PBR)

ChimpInvestor (< 20) Submitted: 6/26/08 1:22 PM : Start Price: $67.95 PBR Score: -30.03

another horrible day on wall street and another purchase of stock... I am at 50% in equities now and 50% cash

oil has been on a tear as everyone knows, but not all oil segments have participated with huge gains... enter the international integrated oil companies... most of these companies have massive market capitilzations and over the next 2 to 4 years will benefit from being integrated.... I am not a big fan of small cap US stocks in oil and the same goes with gold... watch what happens to these speculative companies when the oil bubble bursts... an integrated company touches everything in the chain so as long as oil is in demand regardless of price, these companies will perform.... remember they all refine oil which benefits from lower oil prices

it will be interesting to see what wall street rotates into this 3rd quarter starting in July or if it sticks with the commodity plays....

virtually every top 100 caps player has this as a green thumb... just sort by player rankings and see for yourself

petroleum int'l integrated has been in the top 10 industries for 11 of the past 52 weeks, making it ranked the 12th hottest industry group in the past year...

petroleum machinery & equipment, drillers, us exploration and field service have seen their stocks go through the roof the last 3 months vs the int'l integrated.... so I am a little leary of buying into those industry stocks right now.... i feel the safest and best bet are the big cap intl integrated....

on a side note.. with the markets falling off a cliff, my bottom fishing picks have not fallen barely at all... see my $ picks

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