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Buying big oil stocks now?

GoodOne123

Senior Don Juan
Joined
May 11, 2016
Messages
437
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Location
The City
Hey guys, what is your opinion on buying some oil stocks for a long term hold?

I'm looking at Royal Dutch Shell at the moment. They are recently investing in renewable energy too.

There doesn't seem to be any good bargains out there except for oil, which I am sure will bounce back when planes and cars start going again.
 

Epicenter

Senior Don Juan
Joined
Jun 10, 2020
Messages
362
Reaction score
154
Age
50
RDS was my prime stock. Well then the virus happened. I kind of believe it will go up. Additionally they adapt to the market and put effort to change.

I guess I will buy some RDS. I think when oil goes up they will too. Though I am not shure because of the rise of Elon Musk and his electro cars.
 
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