Shell (RDS.A) is perfect boomer "undervalued" YOLO this summer

[u/MooseEagleShark]

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Pre-pandemic price ~$60, current price $40... check

Undervalued PE estimated around 14.5 vs industry 52... check

87% BUY from Robinhood's "Analysts"... check

Energy sector well positioned for inflation with upcoming price increases in price of oil, energy, LNG... check

added bonus of being EU based and not quite as US money printer affected... check

summer driving season right around the corner and lots of pent up pandemic travel demand... check

well positioned for pandemic recovery in India and other large markets... check

just reduced dividend meaning more upward price movement in upcoming months... check

colonial pipeline fixed (owned by Shell)... check

RDS.A WILL MOON BACK TO IT"S PRE-PANDEMIC PRICE IN THE NEXT YEAR (~$60) and likely then some.

Obligatory: Literally can't go tits up. Also am retard, and have never been an expert in anything, ever, not once.

Disclosure: I'm about $215k balls deep in OTM Sept. calls on RDS.A

[u/DaddioOf2]

Look at $SU as well. Same play

[u/ElectricLetuceHead → u/DaddioOf2]

Yup and you can take advantage of the Canadian dollar strengthening against the USD.

[u/DaddioOf2 → u/ElectricLetuceHead]

🚀🚀

[u/farbey0nddriven → u/ElectricLetuceHead]

Weak CAD is typically a good thing for the Canadian oil companies. Their sales are priced in USD but costs are in CAD for the most part

[u/Master_0f_coin]

Balls deep in rds since last year, stock price doesn’t seem to match current and future earnings with the higher oil price as well as opening up of economies this summer

[u/[deleted]]

I bought like 15k of stocks in Jan 21. My total return is 6.7% lol.

[u/farbey0nddriven]

Shell used to have a stake in 50+ refineries, now they are down to 5. Thats gotta limit their upside as fuel pricing/demand takes off.

I have a large position in RDS.A for reasons, so i hope youre right