Show Entire Article
As crude oil prices declined Tuesday, the “ Fast Money ” traders staked their positions within different sectors of the industry.
Brent crude traded at $122.27 midday, down $1.53. WTI slipped 1.7 percent to $104.87.
-------------------------------------------------------
NEW SLIDESHOW: Top Apple-Related Stocks for 2012
-------------------------------------------------------
Simon Baker of Baker Street Asset Management liked the offshore oil drilling companies, particularly Diamond Offshore .
Patty Edwards of Trutina Financial liked the suppliers and pipeline plays: Schlumberger and Kinder Morgan, which also paid a dividend.
Jon Najarian of OptionMonster.com picked Holly Energy Partners.
“I think they might do pretty well going forward,” he said.
OptionMonster.com cofounder Pete Najarian doubled down on ConocoPhillips, which climbed 7 percent in the past month and has a 3½ percent dividend yield.
“I think it continues to outperform,” he said.
Page 1 of 3 | Next PageShow Entire Article
More Top Stories
DATA IS REAL-TIME EXCEPT NOTED WITH *
* DATA DELAYED AT LEAST 15 MINUTES