6 winning and losing funds based on today’s oil prices
And, of course, there are also pitfalls to watch out for, such as energy sectors and subsectors where the fallout from lower oil prices can be extreme.
Click here to see which funds are poised to fare best and which could be headed for a decline given today's projected oil prices.
(By Jeff Benjamin)" />
For most consumers, falling oil prices have immediately translated to lower gasoline prices and more spending money going into the holiday season.
But any nvestment strategy involving cheap oil is not necessarily as straightforward. Some ways of tapping into the ripple effect are through airlines and various transportation industries that should see higher profits with lower fuel costs. Most retail sectors will also get a boost beyond the normal holiday sales.
(More: Cheap oil no reason to abandon the energy sector, strategists say)
And, of course, there are also pitfalls to watch out for, such as energy sectors and subsectors where the fallout from lower oil prices can be extreme.
Click here to see which funds are poised to fare best and which could be headed for a decline given today's projected oil prices.
(By Jeff Benjamin)