Oil prices jumped more than 4% yesterday (Monday), hitting the highest level in two months and boosting one of our favorite energy stocks to a 20% gain in two weeks.
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:
To get a complete list of the investments we've recommended in Private Briefing, and start receiving your daily look at the best market opportunities, just click here.
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