Wednesday, February 08, 2012

 
 
 

 
 
 
 
 
A unique oil investment you've never considered
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Wednesday, September 16, 2009
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By Daily Crux Editor Justin Brill:

"Contrarian stock of the week" goes to money manager Ken Fisher just mentioned in Forbes.

Fisher is a energy stock bull for all the regular reasons… like lack of viable alternatives and increasing demand from developing countries.

One of Fisher's top picks is Colombian-based Ecopetrol (EC), which trades at just 10 times 2009 earnings and yields 4.8%. Colombia's "murder and drug capital of the world" reputation may scare off most investors, but those with a contrarian streak should take a closer look.

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Topics: Energy | Commodities
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