Credit Suisse’s Top Oil Plays Outside The Energy Sector

In a new report, Credit Suisse analyst Andrew Garthwaite takes a fresh look at the oil industry. Despite falling oil prices, the firm sees increasing speculative interest in oil. Although valuations are not as appealing as many may think, Garthwaite sees several possible ways to play the current oil environment.

Looking Outside The Oil Space

One way to go about profiting from low oil prices is to look outside the energy sector for companies that benefit from low oil prices. Credit Suisse ran a screen to identify Outperform-rated companies that profit from low oil prices. The list includes U.S.-listed names such as FedEx Corporation FDX 0.42%, Ryanair Holdings Plc RYAAY 0.19%,Dollar General Corp. DG 0.1%, Wal-Mart Stores, Inc. WMT 0.1% and Carnival Corp CCL 0.67%. Garthwaite notes that Wal-Mart and FedEx have actually underperformed the market since last year’s peak oil prices.

International Plays

There are…

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