Editor's Note: At TradeSmith, we're always on the lookout for compelling new investing ideas. Here's one from our friends at Stansberry Research we think deserves your attention. Read This BEFORE Buying Any Oil Stocks Billionaire investors are scooping up oil stocks in response to record U.S inflation: - Warren Buffett bought shares worth $8.8 billion…
- Carl Icahn's top 5 holdings are valued at nearly $4 billion…
- And George Soros acquired stocks worth over $10 million.
But if you're thinking of buying oil, see this first. In short: It's becoming painfully obvious that massive inflation is here to stay. And there's no question oil could skyrocket as a result. But there's a "secret" to investing in oil right now. You can't just buy big names like Exxon (XOM) which has little upside… Nor should you take on a risky explorer or driller. Instead, it's a type of oil business you've probably never hear of… I call it the absolute best oil business on Earth – and with good reason. In the past, folks have could have made 20X their money in less than 10 years! Click here for the full details. Sincerely, Dan Ferris Senior Analyst, Stansberry Research |
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