How a contrarian trade can help you as an investor stay ahead of the Israel-Iran conflict
Written by Emily J. Thompson, Senior Investment Analyst
Source: MarketWatch
Potential Oil Market Disruption: President Trump is considering U.S. involvement in Israel's attacks on Iran, which could disrupt the international oil market, particularly through the Strait of Hormuz where a significant portion of global oil supply passes.
Investment Strategies: Investors are looking at opportunities to invest in oil-delivery contracts or energy stocks as a response to potential disruptions in oil supply due to geopolitical tensions.
Analyst Views on USO
Wall Street analysts forecast USO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 73.340
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Current: 73.340
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
