Jul. 1 at 10:38 PM
$GTE is an indirect play on the price of oil—nothing more, nothing less. If oil reaches
$80, GTE could be a multibagger.
Equinox Partners, a value investing firm, currently holds 16.67% of its portfolio in GTE stock. Should you concentrate your portfolio as much as this fund?
Of course not. But if you are long on oil, you are naturally bullish on GTE.
— Source on the Equinox position: https://whalewisdom.com/stock/gte