Not sure how to invest in oil? I suggest using OIH. OIH is Oil Service HOLDRS. It’s top holdings are:

Halliburton Company 10.66%
Baker Hughes Incorporated 10.50%
Transocean Inc 9.78%
Schlumberger Limited 8.53%
BJ Services Company 7.89%
Globalsantafe Corp 7.78%
Nabors Industries Ltd 7.57%
Noble Corporation 6.52%
Diamond Offshore Drilling, Inc 5.74%
Smith International, Inc 5.42%

It helps you diversify the risk and at the same time participate in this incredible run.

This entry was posted on Tuesday, August 2nd, 2005 at 2:26 pm and is filed under Stock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.