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BP p.l.c. Message Board

  • scottymacdonald6262 scottymacdonald6262 Mar 16, 2010 11:38 AM Flag

    BPs Realitive UnderValuation

    This stock is a screaming buy!! Low p/e, insatiable world demand for oil which has been muted by recent recession. Once recession ends, oil will be way over $100/barrel. Usa printing money will drive dollar down and oil price up. Usually a low p/e stock indicates that there is fear earnings could collapse.ii think the opposite is true here. Despite low p/e, tremendous upside for earnings. Dividend could actually go up from already attractive levels. Screaming buy

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29.02+1.38(+4.99%)Feb 12 4:00 PMEST