Crude oil’s crash may have roiled
stocks to start 2016, but cheap fuel is actually a great thing for the average
American. Consumer confidence is heading higher, thanks to low gas prices and a
continually improving job market.
In general, it
should be good the US economy to have a low oil price. The states are net
import of oil. The cheaper the oil price, the cheaper the energy bill of the
USA.
A negative impact
is expected from the oil and gas industry, especially from own energy companies
like Chevron, Exxon Mobil. A hard environment has share fracker and oil
equipment firms.
Also headwinds
faced by banks with a big loan portfolio related to the energy sector.
Today I would like
to introduce some stocks that might get some backwinds from the low oil price.
It's not only the consumer. Many energy consumption stocks like manufacturer,
travel stocks, airlines could also improve margins due to lower energy costs.
Here are 12 higher yielding stocks that are directly benefiting from more leisure travel. They’re all
on sale at the moment, too.
Here are the results...