Petroleum & Resources Corp (PEO)
A closed-end equity investment company specializing in energy and natural resources companies.
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div one time 1.04
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closed end fund investing in many facets of oil inductry, trading at 10% disc to NAV
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Energy prices are bouncing, yet this closed-end still trades at a 12% discount to net asset value.
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THIS ONE SHOULD PERFORM WELL WITHIN THE THREE TO SIX MONTH TIME ZONE. WITH THE WAY OF FEUL PRICES THIS SHOULD BE A WINNER!
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High PE and, based on technical analysis only, it is due for a dip as it is losing momentum. All moving averages are heading south. So I am not going to spend too much time on this one and say it will underperform.
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A fund of oil stocks giving diversification

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