2 picks that have done well for me the last few weeks. PEIX is an ethanol play. FCL is a coal play. Both at 52 weeks highs, which is actually a good time to buy in such a bull market. Mind you, I dont know how much more they can go up. I have a feeling that we are not done with interest rate hikes any time soon, and the market I think has risen on the speculation that the FED would be done in May. So there is risk of a market pull back, especially in energy. Make sure you do your own research on these stocks before buying.
Oh yes, Ive been long sirius (SIRI) since 2003.
-Nick
Oh yes, Ive been long sirius (SIRI) since 2003.
-Nick