Skip to main content

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 management site at Plouthus.com to open a PLT account and receive a $150 off any financial plan which can go towards analyzing your current portfolio for risky investments that are not making you any money and robbing you of your hard earned retirement dollars.


By Rick Walter
UCS Investment Co.

Comments

Popular posts from this blog

ETFs -More training and education

By Rick Walter ETF Training & presentation, education and more... There is so much out there. I went to the iShares website and found a series of educational tools, webinars, web casts , tutorials and presentations that may help a beginner and even experienced investors. I was impressed with the tutorials, but I still think that the financial buzzwords in the presentations may be a bit too complex for beginners. However, the site overall presentation and content is very good! What about taxes? By trade I am a tax professional; I believe that all investments should be analyzed first from a tax position, before an investment decision is made. ETFs are labeled as very tax efficient vehicles. Here is a good article, in my opinion, that explains the tax efficiency issue very well for ETFs. Check our external link section for links to websites that I believe provide top notch information on ETFs, including sponsors, distributors and advisers. I will be adding to the list daily. If th...

ETF update

I have been tracking exchange-traded fund indexes of oil and gas, banking, health and pharma, real estate and commodities but none of these indexes are budging from their lows. Maybe, I am looking at this in the wrong way. A few points here, a few points there- nothing major; The only investors that are possibly making money are the short sellers. If you are good at short selling then this is the market for you. Lets take a look at a good short fund.

New ETF Posting

By UCS Investment Co. The new ETF posting on the AT-ETF Exchange is the PowerShares KBW Property & Casualty Insurance Portfolio (Fund) . The Symbol is KBWP . This is a relatively new fund which opened in December of last year. The Fund is up about 1% so far this year. We are not expecting a huge run up in price in the short-term on this fund but we are looking forward to steady gains in the share price of the fund as the economy improves.