Summary
WITH oil continuing to hold its astonishing price one could be forgiven for turning the entire portfolio over to oil stocks. If the price stays well above dollars 30 a barrel the oil companies will be making telephone number profits by the year end.
Presented with the challenge to achieve a maximum return from a GBP 1,000 investment, I have tried to pick stocks that, on the surface, are underperforming but over the 12-month cycle represent real growth potential. Needless to say the portfolio this month has been driven by the only oil stock, Melrose Resources, which has climbed a very healthy 49.8 per cent since the start of the year.See the full content of this document
Extract
Taking Stock:Oil Field Finds Fuel Increase in Melrose Price
Melrose has pleased investors. The Edinburgh-based oil and gas exploration fir...
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