Best Stocks: United States Oil (NYSE:USO) Rallies in pre open market; Dish Network Corp. (Nasdaq:DISH), The Boeing Company (NYSE:BA)

United States Oil (NYSE:USO) Rallies in pre open market. Friday saw a powerful, 8% rally both in WTI and Brent crude oil. United States Oil (NYSEA:USO) zoomed $1.14 (6.83%) after Baker Hughes reported that  “94 U.S oil rigs and 11 Canadian oil rigs were taken offline in last one week.” It was the largest drop in 27 years. Oil sector saw a panicky short-covering rally as traders tumbled over each other to cover their shorts in oil sector. Today, once again, Brent crude futures ( March) are rallying and have streaked past $54 a barrel on London’s ICE Futures exchange. United States Oil (NYSEA:USO) has also gained in pre-open and is trading 3.37% higher than its Friday closing.

 

Citigroup optimistic about Dish Network Corp. (Nasdaq:DISH) shares. Says, DISH had an opportunity to rally  on spectrum results. Citigroup  has expressed its opinion that shares of (Nasdaq:DISH)  should have gained  on last Friday after  spectrum auction result were released. DISH shares had gone down that day. The stock had ended  Friday’s session down $3.13 to $70.35. Citi considers that the market most  probably  misunderstood Dish’s cash outlay, which, according to Citi, is  closer to $5B of the net $10B in bidding. Citi noted that  DISH has come up as a winning bidder in many bigger  markets, including Chicago, New York City, Boston and Los Angeles. According to Citi,  the auction results for Verizon (VZ)  were not satisfactory and it said, AT&T's (T) spectrum came” at a cost”.

 

Okay Airways celebrates its  first 737-900ER from The Boeing Company (NYSE:BA). Boeing and Okay Airways had a celebratory moment when  the carrier received it first 737-900ER from  The Boeing Company (NYSE:BA. It was the first delivery to a Chinese buyer. Okay Airways has ordered eight 737-900ERs and this one was the first of that. to be conveyed to a Chinese client and is the first of eight 737-900ers that Okay Airways has on request. Okay Airways' newly purchased  737-900er is arranged with 200 seats in an one-class design. It’s prominent feature includes  Boeing's Sky Interior with state of the art etched sidewalls and window uncovers, bigger rotating overhead stowage containers, and has LED lighting.