Frontier Oil: Buy Low, Sell High
Mar 30th, 2009 | By Andrew Snyder | Category: Oil Investment & Alternative EnergySmart investors are looking beyond the current financial crisis. For a good shot at long-term profits, look towards the oil industry.
Inflation, a lack of production growth, and a weaker dollar will create justification for rising prices. Frontier Oil (NYSE:FTO) is worth a look.
Oil is slowly regaining the attention of savvy investors. After dropping into profit-erasing territory just two months ago, the value of the world’s most valuable fuel source is slowly and quietly on the rise. Investors watching the action are getting in on some great trading opportunities.
Frontier Oil (NYSE:FTO), with a market cap of just under $1.5 billion, is considered a small fry in an industry dominated by behemoths. But that does not mean it does not offer a huge profit opportunity.
As inflationary fears rise, the nation’s economy returns to growth and the government does its best to bump up the price of any pollution-emitting fuel source, companies like Frontier will see their share prices grow.
Read the full article here at TFN: Frontier Oil: Buy low, sell high
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