Dipan Mehta says: :Oil marketing companies can have a further trading rally even from these levels, but these are not great long-term investment stocks as we have seen. Their performance is extremely patchy and if oil prices start to move up, then these companies profitability will certainly come under stress. So, while they are great trading opportunities, I am not sure I can look at buying HP, BP, Indian Oil on a three-five-year investment horizon.”
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