A couple of new ideas

Sold out of all my oil shares a while ago. Surprisingly the oil price is on a rising trend just now, so opened a small position in Tullow which should benefit from this. Financials look appalling and their recent senior note offering carried a very high interest rate. Hopefully a reasonable short term trade.

Also bought a small starter position in UiPath (PATH), an early play on Artificial Intelligence. They had an IPO in April so there could be some sellers after 180 days, but there are only two pure AI stocks that I know about and this company looks the better buy although valuation is extreme. I bought ahead of earnings today to get exposure around 73. If the price drops I will add – if it rises I may wait a while.

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