3 Stocks Poised to Profit from the Next Spike in Oil Prices
The following video is part of this week's MarketFoolery podcast, in which host Chris Hill, along with Jason Moser and Joe Magyer, discusses the latest business news. In this segment, the guys analyze the growing uncertainty around tensions between Iran and Israel and its effect on the price of oil. While big companies like ExxonMobil and Chevron will surely benefit from a spike in oil prices, discussed are companies more "under the radar" of the average investor, companies that are also poised to profit.
Looking for more ways to take advantage of high oil prices? The Motley Fool has a new report, "3 Stocks for $100 Oil," which highlights three companies poised to take advantage of the ever-changing energy landscape. To get instant access simply click here -- it's free.
At the time this article was published Chris Hilldoes not own shares of any of the companies mentioned.Motley Fool newsletter serviceshave recommended buying shares of Exxon Mobil, Schlumberger, and Chevron. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.