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Showing posts from July 31, 2011

Stocks on Buy List: QEP Resources

We like QEP Resources, Inc very much because it has performed well over the last 12 months and it’s in an industry that we love to invest in. We started accumulating this stock in July of 2010 at $34-36 per share and have not been disappointed with its performance. However, the stock has recently been downgraded by Goldman Sachs to Neutral with a price target of $49 even though Standard and Poor's has a Buy rating on the stock with a target price of $52 per share. I still like the stock especially since our clients received an Average Total Return on Investment (ROI) of 29% , but I have sold most of the position from our client portfolios. I believe that there are better opportunities elsewhere in the oil and gas industry but we might still get back into the stock in the near future. This stock is a solid performer, which makes it a good addition for investors that are looking for stable, solid growth. Call now at 1-877-788-1732 for a free consultation or visit or wealth