Our Algo Engine has WPL, STO & OSH under current buy conditions and all three names are holdings in the ASX 100 model portfolio.
The following 5YR graph of Crude puts into perspective the 45% sell off we’ve seen in the past 12 weeks. Should Crude continue to find support, as we expect, WPL, STO & OSH are our preferred exposures.
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OOO, the Betashares Oil ETF is another alternative for investors to consider.
Since we started buying the OOO on the 2nd of Jan, investors are now up 7%+
Chart: Betashares Crude Oil ETF.
