10 Money Show Trades You Don't Want to Miss
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Oil Service HOLDRS
By Michael Shulman
Wall Street is thinking the worst is over—it ain't, but in the short term that doesn't matter—and is biding up core materials and commodities. Some have exploded, while some are just moving up. The play here is what has yet to explode, and that is oil.
Look at the Oil Service HOLDRS (OIH)—an exchange-traded fund (ETF) made up of the stocks of companies that build and maintain oil and gas fields. It has a wonderful chart, and even though call options are expensive, they have produced great returns in the past few months and should continue to do so.
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