Offshore oil companies are a smart way to play a continued rally in crude prices, Harris Kupperman said. Suriyapong Thongsawang Commodities have taken off, and Harris Kupperman expects the rallies to continue.
The hedge fund manager said uranium is one of the best investing opportunities he’s ever seen.
Here’s how Kupperman is playing both uranium and oil as they’re poised to climb higher.
Oil and uranium prices have rocketed higher recently, and hedge fund manager Harris Kupperman is confident that both commodities will continue to print money for investors.Energy stocks have soared since their mid-summer lows as crude oil futures rose from $67 per barrel in late June to north of $90 today. Renewed optimism about the economy calmed demand concerns while expectations of the largest oil production cuts since 2007 started to sap supply. Saudi Arabia and its OPEC allies refuse to boost oil production , much to […]
Click here to view original web page at www.businessinsider.com
Posting Guidelines
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do take our Terms of Use seriously
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content
Get involved!
Get Connected!
Come and join our community. Expand your network and get to know new people!
Comments