5 Winning Oil Stocks to Sell Now

3 cheap, recession-busting stocks!

Oil Stock #1
McDermott International (MDR)

McDermott International (MDR) is a global oil engineering and construction company
that specializes in offshore oil and gas construction and power generation systems.

Although more diversified than pure oil plays, MDR has benefited greatly from the increase in price in crude. The speculation
is that MDR will be quite busy with construction projects, as drillers are more active with the higher prices. Such speculation
resulted in a price gain of nearly 90% this year.

I recommend taking your money off the table at current prices, as oil appears to be artificially high. OPEC cheating on production
cuts is likely to add supply to the market, leaving speculators rushing to close long positions.

NEXT: Oil Stock #2 – Suncor Energy (SU)