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.
Labels:

Comments

Post a Comment

Popular posts from this blog

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.
Post a Comment
Read more

Goodbye Mike

Before I get going today, lets take a moment to honor an American Idol, a Music Titan , and a Perfect Representation of the Gods of Music ; I would like to send my condolences and respect to the Jackson family for the sudden passing of Michael Jackson . I am profoundly saddened by his death. I was trying to ignore the whole event- news of his death . It seemed like some sort of bad dream at first. However, reality has set in this morning and have left me almost speechless. Goodbye Michael! You will always be missed! 6/26/2009 9:41 AM
Post a Comment
Read more

ETF Update: Short and leveraged ETFs

The markets did well yesterday, up 379 points. Impressive breadth across the board. The Wall Street Journal has a great data center for Etfs . The ETF Gainers, Decliners and Most Actives data column is pretty good, its updated throughout the day and you do not need a subscription to get the information. Yesterday's big market day had ETF funds lit up with huge market moves especially in leveraged ETFs. ProShares funds had a huge day yesterday on the leveraged side. ProShares , if you are unfamiliar with this fund group, is one of the largest short and leveraged ETF family of funds in the world. Of course, many of their short funds were down but the leveraged funds (finally) did better. The Proshares Ultra Financials ( UYG ), 52 week % change - 92.61% and ProShares Ultra S&P 500 ( SSO ), 52 week % change -73.21% finally got a break and is up 4.23% and 2.03% respectively today. Now, I am not advocating that now is the time to buy into these two funds. I still think a wait and...
Post a Comment
Read more