October 7, 2016

TOTAL is not my first choice but still a good pick

To date, Obermatt CEO Dr. Stern hasn’t bought any oil stocks, and there have been many good reasons not to do so.

However, he now has 17 stocks in his two portfolios and feels he needs an oil stock for diversification purposes. Although he recently bought a Tesla - and he is in love with it - that doesn’t mean that the production of combustion engines is coming to an end anytime soon.

TOTAL is not only a family-friendly stock, it also has an excellent Obermatt ranking. Both are good reasons to invest. Today, he is investing in oil, despite the fact that he thinks electric is the future for cars. The joy in driving an electric car is just unparalleled.

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