BP will go UP
$60.00 on 3/02/10 (100 days left)
$57.83 (62.95% from time of market call)
Bp is a very powerful stock. Its dividend yield is 7.2%.Or 84 cents. Think of it this way.If I bought 2000 shares of bp at $45 which would cost me $90,000 and I got a 84 cent dividend I would make $1680. Thats just saying you buy 2000 shares. Bp has more then just good dividends It has strong cash flow and is finding more and more oil.In 2008 bp made a average 22.95% return on equity.In my opinion oil is the place to invest your money.