Fo Shizzle Dizzle: Snoop Dogg's Guide to Investing When Oil Prices Go Higher Than Me

O.G. Oil Spikes: What's the Deal?

Aight check it cuz. Uncle Snoop here droppin' knowledge like it's hot. Word on the street is oil prices been climbin' higher than a giraffe's eyebrows thanks to some ruckus in the Middle East. Israel and Iran throwin' shade at each other got everyone trippin' about the oil supply. But peep this: where there's drama there's also dolla dolla bills to be made ya dig?

Tech is the New Green: Stack That Paper

Now listen up youngstas. When oil goes up people start lookin' for somethin' that ain't gonna get burned. That's where tech comes in baby! These companies are kinda immune to the oil price madness. Reflexivity AI tool says that historically tech stocks like Advanced Micro Devices (AMD) jump when oil prices spike. AMD is up 5.2% this year but have jumped more than 9% this week after Piper Sandler analysts said they expect a comeback in AMD's graphics processing units or GPUs business in the fourth quarter. Another player Monolithic Power Systems can have a significant jump of nearly 6.1% after oil prices spike fo shizzle!

Transportation and Industrial Gainers: Get on Board

Transportation stocks CSX and C.H. Robinson and industrial and commercial pump equipment company Xylem also made the cut. Xylem which has seen its stock jump 8% this year has made a 1 month median move of 3.4% following periods of oil price hikes. JPMorgan is totuing the company as "an industry leading water technology pure play."

Fo' Shizzle These Stocks Be Takin' a Dive

Now not everythin's gravy my friends. Some stocks are gonna get the short end of the stick when oil prices rise. We talkin' about automakers like Ford Motor and airlines like United Airlines. People start clutchin' their wallets tighter than a pitbull's jaw when gas prices go up. Less travel less cars less money for these cats.

Energy Stocks Falling: That Ain't No Joke

Even some energy companies like NRG Energy and EOG Resources can take a hit when oil prices surge which is kinda twisted right? Seems like the market's a fickle beast always playin' games.

Snoop's Final Word: Stay Iced Out and Invest Wise

So there you have it young G's. When oil prices go up tech stocks are your homies and automakers and airlines might need a shoulder to cry on. But remember I'm just a rapper not a financial advisor. Do your own research stay blazed (metaphorically of course) and invest wisely. Keep it real ya dig? Bow wow wow yippie yo yippie yay!