3/4/14 Raising Our Sights: New Targets, Picks at The Energy Strategist

By Igor Greenwald • March 4, 2014

The Energy Strategist is concluding a busy recent stretch of portfolio adjustments with two new price targets for the leading Bakken crude drillers.

Aggressive Portfolio holding Continental Resources (NYSE: CLR) is now a buy below $125 as output continues to grow rapidly while costs per well shrink.

Growth Portfolio holding Whiting Petroleum (NYSE: WLL) is now a buy below $76 on similar dynamics.

In other recent actions, we have:

Added Cameco (NYSE: CCJ) to the Aggressive Portfolio. Buy below $27.
Added Denison Mines (NYSE: DNN) to the Aggressive Portfolio. Buy below $1.90
Sold half of the initial position in American Railcar Industries (Nasdaq: ARII)
Sold half of the initial position in Tesoro (NYSE: TSO)
Sold half of the initial position in HollyFrontier (NYSE: HFC)
Raised the buy below target on Carrizo Oil and Gas (Nasdaq: CRZO) to $54 from $46
Raised the buy below target on Targa Resources (NYSE: TRGP) to $105 from $97
Raised the buy below target on Williams (NYSE: WMB) to $46 from $42
Raised the buy below target on EQT (NYSE: EQT) to $110 from $95
Raised the buy below target on EOG (NYSE: EOG) to $200 from $180
Lowered the buy below target on MarkWest Energy Partners (NYSE: MWE) to $70

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Harold Williams

03/04/14 ‐ 10:25pm ET March 4, 2014 at 10:25pm ET

Please clarify for me: you indicate selling 1/2 of some positions.
Do you actually invest in these companies in the portfolios, or is it paper investing?
Thanks

Igor Greenwald

03/05/14 ‐ 1:02am ET March 5, 2014 at 1:02am ET

The portfolios are paper only, so “sell half” is advice to sell half of the initial position bought based on our recommendation

03/04/14 ‐ 11:20pm ET March 4, 2014 at 11:20pm ET

Thanks for making the changes to the portfolios –
1. One overall portfolio of the three classes: growth, conservation, and aggressive.
2. The addition of the quick reference after the company name for your articles
These certainly make this more user friendly.

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