Oil seems to be a topic everyone is talking about lately. And exchange traded fund providers (Barclays iShares and State Street Global Advisors) recently launched oil subsector ETFs to give investors more to talk about.
- SPDR Oil and Gas Equipment & Services (XES)
- iShares DJ U.S. Oil Equipment & Services (IEZ)
- SPDR Oil and Gas Exploration & Drilling (XOP)
- iShares DJ U.S. Oil and Gas Exploration & Production (IEO)
Roger Nusbaum looks at these ETFs as an attractive opportunity for investors, as he believes energy prices will remain high with global demand growing faster than the supply.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.