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6 Oil And Energy Stocks With Expected Gains Of 40% Or More
Posted February 22, 2012
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By Hawkinvest
It makes sense for most investors to have some exposure to the energy sector. Everyone uses energy, whether it is supplied by solar, coal, oil or other companies. Owning stocks in this sector is a great way to participate in the rising demand that comes with an improving economy, as well as global population growth. In addition, energy companies have historically had pricing power and have been able to raise prices in times of inflation.
A recent Bloomberg article has compiled a list of S&P 500 Index stocks that have the most potential for gains. This upside is based on the average analyst price target and the current stock price. The list includes stocks from a wide variety of industries, but the energy stocks are the ones that we will take a closer look at now as they dominate the top of the list due to the high potential for gains:
CONSOL Energy, Inc. (CNX) is a leading producer of coal and natural gas. In terms of coal, this company has more than 4.5 billion tons of proven and probable reserves. The company also has about 3.7 trillion cubic feet of proved natural gas reserves, and it is currently focused on projects in the Marcellus Shale. READ FULL ARTICLE HERE
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