With 75% sitting in cash and US growth clipping along, I need to start looking for places to swing money back into the market. I cannot just buy back into the oil and energy sector like nothing happened. For sure, I will be allocating money into some of my old positions because I still like them.
But I need to start finding new places to park cash that can grab a decent return. For this, I’m looking through the Income Investment Report for prior researched ideas.
I like SSW as a container ship play. I’m looking at CVRR for refining, to diversify away from the price of oil a little. Gas prices are way down, but so is oil.
I’m interested in REITs GOV, EPR, and RESI.
Auto sales have been well for some time, and with gas prices this low it may be that another big push into new automobiles is looming. An indirect bet that I may take is on MCY, which underwrites auto policies. Insurance companies in general have done very well of late.
I also like ETP, despite having just sold out of it this month. From the sidelines I am more confident than ever that the US shale boom will resume; I’m just not confident all of today’s players will be alive then to enjoy it.