2012 Means These Stocks Double
Doubling stocks is like music to my ears. 2012 will be here soon, and from analysts point of view, it seems there are high hopes for better things in 2012. I sure hope they are right, I am ready for some good news. Rougemont predicts these stocks to double, and we hope to see this too.
Tesco Corporation (TESO) is trading at $11.54. Tesco provides drilling products and services to oil and gas companies. These shares have traded in a range between $10.01 to $23.39 in the last 52 weeks. The 50-day moving average is $13.58 and the 200-day moving average is $17.19. TESO is estimated to earn 59 cents per share in 2011 and $1.05 in 2012. The book value is $10.44 per share.
Forest Oil Corp. (FST) is trading at $13.30. Forest is a oil and gas company that holds interests in some high potential areas, including the Eagle Ford Shale, Louisiana, Alberta and others. These shares have a 52 week range of $8.88 and $40.23.
HollyFrontier Corporation (HFC) is trading around $21.74. HollyFrontier is a petroleum refining company, based in Texas. These shares have traded in a range between $17.22 to $38.90 in the last 52 weeks. The 50-day moving average is $29.38 and the 200-day moving average is $31.03. HFC is estimated to earn about $6.98 per share in 2011, and $4.93 for 2012.
Keep an eye on these stocks. Depending how the rest of 2011 pans out, it may be worth buying in before 2012 in preparation. Just watch those stocks, you will know what to do!
Quotes taken from report by Rougemont, Read the entire article here.
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