Ratings: Energy and Natural Resource Funds
Kevin Baker, March 24, 2007 (TheStreet.com)
Recommendations come from Kevin Baker, senior financial analyst at TheStreet.com
- Recommended investments: The ProFunds Oil & Gas UltraSector ProFund (largest holdings: Exxon Mobil, Chevron, ConocoPhillips, Schlumberger), Todco, Pride International, Gastar Exploration (in Fidelity Select Natural Gas Portfolio), PowerShares Dynamic Energy Exploration & Production Portfolio (containing Alon USA Energy, Western Refining, Rosetta Resources).
- Loser: Halliburton
Recommendations made March 24, 2007.
For charts, click the link.
The globe is warming, energy markets are heating up, gasoline stockpiles are declining, summer driving season is approaching, interest rates may moderate.
Human beings may be causing the Earth to warm, but the inconvenient truth is that we are also causing the run-up in energy prices.