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Phillips 66 Partners (NYSE: PSXP) just entered the Money Morning VQScore™ "Buy Zone," making it one of the best stocks to buy right now.
And the timing couldn't be better...
WTI crude oil prices are up 15% on the year, breaking through the $70 a barrel level this week (Monday, May 7).
This is a watershed moment for oil investments. Oil hasn't traded above $70 since 2014, and the breakthrough is a sign the commodity's strength is back.
But higher oil prices aren't just good for investors trading oil futures contracts. Higher oil prices mean more profits for well-run oil companies.
Urgent: Oil prices could soar to $100 (or higher) ahead of largest IPO ever - click here to see how you could triple your money from oil's epic rise.
And profitable companies are excellent investments for your portfolio...
That's why when we saw PSXP stock enter our VQScore "Buy Zone," we had to let you know right away.
The timing couldn't be better.
You see, Phillips 66 Partners has been printing cash, even during the oil bear market. Now that the oil market cycle is on the upswing, this company's potential is incredible.
Take a look...
