Excellent Stocks When (If) Oil Hits $150

by: Thomas Smicklas posted on: June 08, 2008 | about stocks: ADM / APD / BG / BPO / CBI / CNX / COP / CPX / CTSH / DNR / EAC / FLR / FSLR / ICE / NE / PTEN / PXP / TJX / VQ / WDR / WLL    

I had been musing over some stock picks if oil rose to around the $150.00/barrel mark. Credit Suisse First Boston very recently distributed a thorough analysis of precisely this idea. I defer to their expertise. CSFB also has a superb Alternative Energy stable of analysts worldwide. I believe that they are on top of the energy scenario from a multitude of perspectives.

Here are their selections:

• Complete Production Services (CPX)
• Patterson-UTI Energy (PTEN)
• Noble Energy (NE)
• Conoco-Phillips (COP)
• Denbury Resources (DNR)
• Plains Exploration and Production (PXP)
• Venoco, Inc. (VQ)
• Encore Acquisition (EAC)
• Whiting Petroleum (WLL)
• First Solar (FSLR)
• Consol Energy (CNX)
• Air Products (APD)
• Fluor (FLR)
• Chicago Bridge and Iron (CBI)
• Archer Daniels Midland (ADM)
• Bunge (BG)
• TJX (TJX)
• Waddell and Reed (WDR)
• Brookfield Properties (BPO)
• Intercontinental Exchange (ICE)
• Cognizant (CTSH)