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Five Retailers for Falling Gas Prices

 Aug 12, 2008 12:51 PM UTC
Return Risk
+0.00% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
DKS n/a
SHLD n/a
KONA n/a
JMBA n/a
CMG n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Retailers stand to benefit greatly from falling gas prices. As the AAA report below shows, gas prices have fallen $0.30 from their peak. At this point in the cycle, it may not matter which retailer you buy as they could all rally strong with the sector. Some of our favorites are Chipotle Mexican Grill (CMG), Dicks Sporting Goods (DKS), Sears Holdings (SHLD), Kona Grill (KONA), and Jamba Juice (JMBA).

U.S. retail gasoline prices edged down to $3.81 a gallon, on average, on Monday from $3.818 a day earlier, according to auto club AAA, the Oil Price Information Service and Wright Express. On July 17, the average hit a record $4.114.


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