Let’s Buy Oil’s Snubbed Sibling Now (for 5.6% Dividends and Upside)

Natural gas prices have been completely washed out—and that’s set up some sweet dividend opportunities for us contrarians to tap into. (These opportunities aren’t just in gas, by the way: China’s reopening and the Biden administration’s need to refill the Strategic Petroleum Reserve —which it’s been using to keep a lid on oil prices—will also lift the goo. We discussed 3 stocks to play crude’s likely rebound on February 4 .) To get a sense of the opportunity setting up for us here, let’s look ahead to next winter, shall we? It’s tough to see how gas can stay low with a setup like this: Russian gas will still be a no-go— leading to another dash to boost European supplies over the summer, especially with the current winter looking like it’ll end on a cold snap, draining off the surplus gas the continent is sitting on now. … Read more
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