CNBC Bonus Bucks Trivia: In “Is The Oil Rally Over?” (May 29) Joe Terranova told the Fast Money traders he’s playing oil by:
Posted on Wednesday, June 4th, 2008 | In Current Market News, Stocks to Watch
Contributed by: William A. Trent (http://stockmarketbeat.com) -
In “Is The Oil Rally Over?” (May 29) Joe Terranova told the Fast Money traders he’s playing oil by:
“I’m short Hess (HES) and I’m long Southwest Airlines (LUV), long the Canadian dollar and long one of the refiners,” he said.
In the models I use, Hess scores highly for earnings momentum and price momentum but poorly for free cash flow. Southwest Airlines gets high marks for earnings quality and free cash flow but scores low for return potential.
Disclosure: At the time of publication, William Trent has no financial position in the companies mentioned in this article.
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 About William A. Trent (http://stockmarketbeat.com)
Stock Market Beat editor William A. Trent, CFA, has been an equity analyst since 1996 and is co-author of Understanding and Evaluating Prospectuses, Offering Documents, and Proxy Statements. His experience includes stints with institutional investors responsible for more than $70 billion in assets and covers all market-cap sizes. Sector concentrations have been within the TMT (Telecom, Media and Technology) and Transportation sectors. He is also the senior editor of Financial Education. He is available for freelance writing and consulting projects and can be contacted here. |
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