This Just In...Energy Sector Still Booming

April 2, 2012

I've been talking about profit opportunities in energy stocks for some time now, and it looks like the financial media is finally starting to catch on. I'm glad to see that the connection between stocks and gas prices is finally getting a bit more airtime, but I must say that I'm surprised it didn't come sooner.

Energy stocks, especially oil drilling and refining stocks, are incredibly undervalued—especially considering that they are on the cusp of a powerful trend that could make a lot of shareholders very happy.

If you didn't catch my blog post from February, I discussed that rising gas prices were an opportunity for investors. This trend may be a blow on our wallets at the pump, but with a few smart stock picks we can make what we spend on a full tank of gas seem like pocket change.

And with the national average price per gallon expected to climb above $4 in April, energy stocks are still just heating up!

If you don't already have a position in energy, a great place to start is by using my stock screening tool Portfolio Grader. I even have a tool that lets you see the fundamentally strongest stocks in each sector:

Oil Gas & Consumable Fuels

Energy Equipment & Services