A Lasting Solution to High Oil Prices
We should be jumping for joy that oil has been going down, right? It is what makes us think that many of the retailers and restaurants could be doing better than expected. Less money spent at the pump means more money for the shopper.
Lots of stocks of companies beyond restaurants and retailers could be winners. Hotel companies benefit from additional travel. Casino companies, particularly in Las Vegas, could be winners, because it costs less to drive to these destinations. Even homebuilding companies might be winners, because many housing developments are located away from where the jobs are. Lower gasoline prices make longer commutes more palatable....486 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.