
Oil Rocket Stocks for the Week
These stocks could be heading higher with the price of oil.
These stocks could be heading higher with the price of oil.
As worldwide industrial and economic conditions improve, the spot price of oil will invariably increase. Another catalyst is a weaker U.S. dollar, one of the drivers behind oil's recent spike.
Strategies for playing oil have focused on major integrated oil companies such as
Transocean
(RIG) - Get Report
,
National Oilwell Varco
(NOV) - Get Report
AND
Exxon Mobil
(XOM) - Get Report
. For this week's
portfolio, here are five more oil stocks that could head higher as the spot price of oil increases.
To read more,
.
Stockpickr is a wholly owned subsidiary of TheStreet.com.