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

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.

UCS Stock Market News Today: Oil and Gas update

The Oil and Gas markets continues to recover with many issues that we follow maintaining their gains over the last 4 trading sessions this week. Complete Text of Video : A current   WSJ article states that with the prospects of rising oil prices,  Big Oil companies are considering a strategy that has been unthinkable for much of a two-year-long market slump, ' making new investments '. "Big oil companies are moving ahead with new spending again", says BP PLC Chief Executive Bob Dudley on the sidelines of the Oil and Money conference in London . The British oil company he heads, "has taken final investment decisions on a handful of projects this year and is expected to approve more in 2017", he said.   Major oil companies are beginning to invest in projects as oil prices show signs of recovery. Bob Dudley, CEO of BP, said "Investments are back. But it’s only going to be the very best." Is there light at the end of the Tunnel? Our Comme...