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Stockchase Opinions

Mark GrammerLukoilLUKOYCOMMENTApr 09, 2014

When it comes to Russia, you are gambling. You are playing with the dictator Putin. He would not touch anything in Russia. This is cheap, but there is a lot of cheap stuff in Russia.

N/A

Stock price when the opinion was issued

$6.96

As of Mar 03, 2022. Market Open.

oilgas
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He's bullish oil. Rig counts are more than double a year ago, and the higher oil prices go, the more drilling there'll be. Russian ADR stocks are breaking out and back to their all-time highs like Lukoy; these trades will continue to work.