General Cable: Poised for a Good Run

Oil has had an incredible run, and it is by no means over. So why not
buy now? <!---->First off, it is long overdue for a pullback. Oil has
skyrocketed, but is overbought by far. I do see oil moving to $140 or
$150, but not before a pullback to $125 or so. Second, there is nothing
wrong with walking away with what you have already made. If you own oil
stocks, I would recommend getting out. If you are in them, you have
already likely made a healthy profit. Other stocks have been beaten
down by oil. This has presented the perfect buying opportunity.

One
company that I have recently been watching is General Cable (BGC).
General Cable works with the development, design, manufacture,
marketing and distribution of copper, aluminum and fiber optic wire and
cable products for the energy, industrial, specialty and communications
markets. The company offers competitive strengths in such areas as
breadth of product line, brand recognition, distribution and logistics,
sales and service, and operating efficiency. It is an international
company that has expanded from North America to Europe and North
Africa.