Friday, November 25, 2011

7 Energy Stocks That Will Drain Your Wallet

Even with crude oils recent push up against the $100 mark, investors need to be
judicious in their selection of energy stocks right now. Some companies
particularly those involved with oil exploration, nuclear energy and coal are
seeing headwinds. I watch more than 5,000 publicly traded companies with my
Portfolio Grader tool, ranking companies by a number of fundamental and
quantitative measures. And this week, Ive got seven energy stocks to sell. Here
they are, in alphabetical order. Each one of these stocks gets a "D" or
"F" according to my research, meaning it is a "sell" or "strong
sell." Arch Coal (NYSE: ACI ) is a coal company that produced approximately
162.8 million tons of coal in 2010. Since the start of 2011, ACI stock is down
60% compared to much smaller losses in the broader markets. Cameco (NYSE: CCJ )
produces uranium used as fuel for nuclear power plants. CCJ stock has dipped 58%
since the start of 2011, compared to a loss of just 1% for the Dow Jones. EXCO
Resources (NYSE: XCO ) is engaged in the exploration, exploitation, development
and production of oil and natural gas properties. Despite oil prices approaching
$100, XCO stock has dropped an unimpressive 46% year-to-date. Hess (NYSE: HES )
is an integrated energy company that becomes a household name around the
holidays because of its holiday commercials. Despite its name recognition, HES
stock is down 28% year-to-date. Inergy L.P. (NYSE: NRGY ) owns a retail business
involved with propane supply, marketing and distribution. NRGY stock is down 40%
year-to-date. Newfield Exploration (NYSE: NFX ) is involved with the
exploration, development and acquisition of oil and gas properties. NFX stock
has lost 46% year-to-date. Quicksilver Resources (NYSE: KWK ) is an independent
energy company that works with natural gas and natural gas liquids. KWK stock is
down 52% since the start of 2011. Get more analysis of these picks and other
publicly traded stocks with Louis Navellier's Portfolio Grader tool, a 100%
free stock-rating tool that measures both quantitative buying pressure and eight
fundamental factors.

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