Quote:
Originally Posted by Zara
Oil, a few solar/energy companies and AMD is what I'm looking at.
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I'd hold off on oil for now just to see what the bottom might actually be.
In another thread (maybe this one, can't remember) I had mentioned I work for a contractor company on a BP program and that they hadn't reacted to the price drop yet.
Well, they are now. They're currently going through the portfolio of projects on our program and seeing how much money they can shift from 2020 into 2021 without having an impact on too many critical installs they need. That to me shows that they're worried enough about the slump that's happening and that they expect it to continue for a bit, but at least not last long-term. So I'd just keep an eye on the prices and don't get too tempted yet because they may keep dropping.