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Strategies & Market Trends : Turnarund Investing -- Ignore unavailable to you. Want to Upgrade?

To: thatsnotluck who wrote (1338)	5/20/2012 10:35:35 AM
From: Covenant	Read Replies (2) \| Respond to of 1876

COP is BB's baby. Like most large oil companies, COP is priced very reasonably and would be a somewhat conservative component of a portfolio. COP also has one of the highest dividends for domestic oils. Higher dividends are available internationally. Operations do not fully cover both Capex and the dividend, but there is a path forward for them both to be covered. In other words, the dividend looks sustainable. I like oil companies in general. The Iran boycott and related opening of strategic reserves in July are a catalyst for underlying oil prices. The catalyst could be either direction.