Hot Oil Service Stocks For 2016

Hot Oil Service Stocks For 2016: Franklin Universal Trust (FT)

Franklin Universal Trust (the Fund) is a diversified, closed-end investment company. The Fund's primary investment objective is to provide high current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. The Fund invests primarily in two asset classes: high-yield bonds and utility stocks.

The Fund invests in sectors, such as non-energy minerals, utilities, commercial services, communications, consumer durables, consumer non-durables, electronic technology, industrial services, process industries, technology services and transportation. The Fund may invest in the Franklin Institutional Fiduciary Trust Money Market Portfolio (the Sweep Money Fund), an open-end investment company managed by its investment manager. The Fund may invest in restricted securities. The Fund's investment manager is Franklin Advisers Inc. Its administrative manager is Franklin Templeton Servi ces, LLC.

Advisors' Opinion:

• [By Canadian Value]

  (FT): A 500-tonne gap in China's gold consumption data is fueling talk that the central bank took advantage of weak prices last year to bulk up its holdings of the precious metal.

• [By Canadian Value]

  (FT): Russia's central bank has warned that Russia's consumer lending sector threatens the country's "financial stability", the same day that it revoked the licence of Master Bank, a midsized retail lender.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-oil-service-stocks-for-2016.html