How can anyone feel ‘good’ about owning BP (NYSE:BP) stock right now? Why would anyone want to stop at a BP gas station to continue supporting BP’s wallet with our money?
BP recently spent $50 million dollars on an advertising campaign to improve their image during a time of crisis. However, BP needs to apply that money directly to the problem: the gushing hole they created.
Right now, I strongly believe you should be reshaping your energy portfolio with companies that are in no way agents of this disastrous oil spill, but beneficiaries of BP’s market share. Here are 7 stocks you need to consider as a boycott to BP:
Chevron (CVX): $70.45 per share
Proctor & Gamble (PG): $61.19 per share
ExxonMobil (XOM): $60.48 per share
Shell (RDS-A): $51.23 per share
Occidental Petroleum (OXY): $79.49 per share
Marathon (MRO): $31.19 per share
Natural Gas (UNG): $8.19 per share
Your investment in other energy companies besides BP improves the future of our energy infrastructure and the environment in which we must live.
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