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Ride or Slide: Stock BHP Billiton (BHP)
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Friday, 11 April 2008
By Charles Delvalle
Alright everyone, I started up ‘Ride or Slide’ to make sure I had a back and forth with readers like you. But in the past two weeks, nobody has written in to ask me to cover a stock!
Come on people, send an e-mail to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it and ask me to cover one stock. The more e-mails I get, the more stocks I’ll be able to cover for the next few weeks.

So what stock do I cover today? Australian commodity producer BHP Billiton (BHP).


What’s not to like about BHP? They are one of the largest and most diversified mining companies in the world. They are riding the biggest commodity bull market of our time, and a bulk of their sales goes to feed China’s massive demand.


That makes BHP one of the safest stocks anyone can buy. It doesn’t matter if U.S. demand drops, because rising Asian demand should make up for it. And so long as Asian demand is pushing the commodities bull forward, BHP will be a great buy.


That’s not to say you should ride this sucker right away. They recently moved up $20 in about a month’s time, which is a little much. The best thing to do is wait for BHP to come back down to the $70 -$72 region, buy it there, and ride it higher.


Regardless, BHP is one of the strongest companies in this market. And the commodities bull is alive and well. So ride BHP Billiton (BHP) off into the sunset.


P.S. Want to see me cover a stock?  Send an e-mail to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
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