Since falling to a 52-week low of $76.15 a barrel this month, oil prices rose 4.4% Monday to close at $91.27 a barrel.
This resurgence in oil prices is just what we've been forecasting in Money Morning, as well as in our Private Briefing investing service.
"[O]il will be going up, and the rest of that [energy] sector ... to varying degrees ... will be going up right along with it," Money Morning energy expert Dr. Kent Moors told Executive Editor Bill Patalon. "The best strategy we can employ here is to position ourselves in advance of the curve."
To stay ahead of the curve, Moors on Oct. 11 gave investors an oil-and-gas industry pick that he expects will rise to new highs with oil prices. This U.S.-based company focuses on small, regionally specific operations and has incredible upside potential.
And just as we promised, this stock is taking off as oil prices pick up again.
This energy play is up more than 20% from its closing price the day Moors introduced it to Private Briefing subscribers.
This is just one of the big gainers among our Private Briefing stock picks. Patalon and our investing experts have also delivered these winners to subscribers:
- The fund following the market of a well-run country with plentiful natural resources that's gained 21.1% in less than three weeks.
- An exchange-traded fund (ETF) that's up 16.7% since the closing price Sept. 28, when we told you about the prospects for the economy of the country it represents.
- And this diversified manufacturer in the water-solutions business that's climbed 16.6% since the beginning of September - plus offers investors a 2.2% dividend yield.
News and Related Story Links:
The Associated Press:
Oil price rises above $91 on signs of growth
Energy Investors Pocket Profit on Oil Price Rally - And It's Just the Beginning
Kinder Morgan Energy Partners (NYSE: KMP) Buys Out El Paso Corp. (NYSE: EP)
Cybersecurity Stocks: The 100% Gain That's Yours For the Taking