Macroeconomic analysis makes one thing clear: you don?t always have to shop by industry to find good macro investments. For instance, if you?re looking to play oil, then analysis of correlations between oil and stocks shows that many companies outside traditional oil and gas benefit from rising crude. Using HiddenLevers? Macro Trend Screener, we found the two non-traditional oil plays shown here:
(Chart created using Hidden Levers app )
CSX Corporation (CSX):
CSX has been showing ads for some time with claims that one ton of freight moves over 400 miles on a gallon of diesel. Well, it?s actually true, and fuel efficiency is a key reason why railroads have benefited from the last decade?s crude oil boom.
Here?s the macro-economic profile for CSX:
(Chart created using Hidden Levers app )
First Solar (FSLR):
First Solar is one of the top players in thin-film
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Shana Hiatt Tara Conner Drea de Matteo Trista Rehn Moon Bloodgood
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