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Market Tips: Oil to Hit $90; Sugar 'Incredibly Cheap'
Published:
Thursday, 10 Sep 2009 | 5:09 AM ET
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By: CNBC.com
The 2009 stock market rally continued unabated on Thursday as global stocks hit fresh 11-month highs. Experts tell CNBC they see for long-term upside for oil and that sugar holds value.
Oil Set to Hit $90
Oil prices could hit $90/bbl, says Tom Busby, CEO, DTI Trader. He explains why he is long energy stocks like Exxon Mobil.
Sugar is Incredibly Cheap
Sugar is incredibly cheap at the present time, according to Peter McGuire, MD of CWA Global Markets. McGuire also gives his outlook for spot gold.
Invest in the West's Industrial Stocks
Kingsley Jones, international portfolio manager at Macquarie Funds Group sees opportunities emerging in recovering European and U.S. industrials.
© 2012 CNBC.com
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