investingfromtheright

I am retired and take educated guesses on all things financial.

June 07, 2008

June 7, 2008: Excellent Stocks When (if) Oil Hits $150

I had been musing some stock picks if oil rose to around the $150.00/barrel mark. Credit Suisse First Boston very recently distributed a thorough analysis of precisely this idea.I defer to their expertise. CSFB also has a superb Alternative Energy stable of analysts worldwide. I believe that they are on top of the energy scenario from a multitude of perspectives.


Here are their selections:

CPX - Complete Production Services
PTE - Patterson-UTI Energy
NE - Noble Energy
COP - Conoco-Phillips
DNR - Denbury Resources
PXP - Plains Exploration and Production
VQ - Venoco, Inc.
EAC - Encore Acquisition
WLL - Whiting Petroleum
FSR - First Solar
CNX - Consul Energy
APD - Air Products
FLR - Fluor
BCI - Chicago Bridge and Iron
ADM - Archer Daniels Midland
BG - Bunge
TJX - TJX
WDR - Waddell and Reed
BPO - Brookfield Properties
ICE - Intercontinental Exchange
CTSH- Cognizant

This list is a start. Do appropriate research and see what fits into your portfolio.