OPEC's decision to cut production did nothing to stem the slide in crude prices. Oil closed down $3.54 at $40.06, the lowest settlement price in over 4 years.
What does this mean for oil-related stocks? I explain in this week's Industry Rank Analysis:
Be sure to watch Steve Reitmeister's Extreme Portfolio Makeover video. Steve explains how to rebuild your portfolio to clear out bad stocks.
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Thursday- December 18, 2008
ZACKS RANK BUY STOCKS
- Aggressive Growth - NCI (NCIT) continues to top analyst forecasts and recently announced record earnings and revenue. The company released bullish guidance for 2009. Learn More...
Growth & Income - Bristol-Myers Squibb (BMY) offers a rewarding dividend yield of 5.5%. Lately, the company has been trading ahead of the Dow Jones, S&P 500 and NASDAQ. Learn More...
Momentum - Luminex (LMNX) is fresh off the heels of a great quarter in which the company swung into profitability from last year. Learn More...
Value - Titan Machinery (TITN) saw a 62% jump in revenue in the third-quarter 2009 as the agriculture sector continues to be robust in the Upper Midwest. Learn More...
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BEST OF ZACKS EQUITY RESEARCH
EDUCATION: Growth & Income.
Consider Your Dividend Payout Ratio. Learn more...
NEW ZACKS VIDEOS:
"bigdaddy" is rated in the top 2% of stock pickers we track. Some of this player's recent Buy calls include RPRX and WW. Don't miss bigdaddy's analysis. Learn More...
OTHER ZACKS RESOURCES:
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Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
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