Stocks Which Benefit from Low Oil Prices
Fred Fuld (December 6th, 2008) Writes:
a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_T9VXVyuEITg/STo_9uvA43I/AAAAAAAAAmE/qJ0V7wiT__w/s1600-h/package.jpg"img style="float:right; margin:0 0 10px 10px;cursor:pointer; cursor:hand;width: 320px; height: 173px;" src="http://3.bp.blogspot.com/_T9VXVyuEITg/STo_9uvA43I/AAAAAAAAAmE/qJ0V7wiT__w/s320/package.jpg" border="0" alt=""id="BLOGGER_PHOTO_ID_5276600243167748978" //abr /With the price of oil dropping below $41 per barrel, now is the time to look for the companies would benefit from these lower prices. These are the companies that have oil and gasoline as one of their major expenses. br /br /Obviously, the package delivery companies would be beneficiaries. For example, there is United Parcel Service, Inc. (UPS), which happens to be one of Warren Buffett's holdings. UPS has a forward PE of 16 and a PEG ratio of 1.33, with a yield of 3.2%.br /br /Then f course, there is FedEx Corporation (FDX) with a PE of 23, a PEG of 1.07, and a yield of 0.6%.br /br /Other companies that should benefit are the a href="http://stockerblog.blogspot.com/2008/09/keep-on-trucking-stocks.html"truckers/a. One of the largest is JB Hunt Transport Services Inc. (JBHT). The ...
Tags for this Post:
Con-Way Inc.;, Current Market News, FedEx Corporation, Heartland Express Inc., http, JB Hunt Transport Services Inc., Knight Transportation Inc.;, Landstar System Inc, Oil, oil dropping, Prince Edward Island, Stocks to Watch, United Parcel Service Inc., USD, Warren Buffett, Werner Enterprises Inc.
Con-Way Inc.;, Current Market News, FedEx Corporation, Heartland Express Inc., http, JB Hunt Transport Services Inc., Knight Transportation Inc.;, Landstar System Inc, Oil, oil dropping, Prince Edward Island, Stocks to Watch, United Parcel Service Inc., USD, Warren Buffett, Werner Enterprises Inc.


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