This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

7 Stocks Leading the Market in 2011

Marathon Oil

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

If you're looking to play the energy sector and you want to invest in one of the market leaders in that space, then I would suggest taking a strong look at Marathon Oil (MRO). This company, through its subsidiaries, engages in the exploration, refining, marketing, and transportation of liquid hydrocarbons, natural gas, crude oil, and other petroleum products worldwide. So far in 2011 this stock is leading the pack in the oil sector with shares up around 32%. Marathon Oil is the fifth largest refiner and marketer of petroleum products in the U.S.

The company has a market cap of $34.94 billion and trades a very reasonable forward price-to-earnings of just 9.22. Marathon Oil isn't just benefiting from the trend of rising oil prices in 2011, but it's also reaping in big profits due to its refining business. The company just reported a very strong quarter that showed quarterly revenue of $20.2 billion which was up 26% from the previous year. Marathon's refining and marketing business segment brought in $213 million during the most recent quarter, which is a gigantic improvement from a loss of $18 million last year.

From a technical standpoint, the stock has already started to breakout above some previous overhead resistance at around $47.15 a share. I expect this stock to continue to trend higher in 2011 and investors should look to add this name on any meaningful pullback.

Richard Snow's Snow Capital decreased its position in Marathon Oil by 6% in the most-recent quarter but still holds 2.1 million shares; the stock comprises almost 3% of Snow Capital's total portfolio. According to Karvy Global, it's one of 10 energy stocks for rising crude as well as 10 energy stocks analysts favor, and with a B buy rating from TheStreet Ratings, it's one of the top-rated oil and gas stocks.

4 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,083.80 -2.83 -0.02%
S&P 500 1,987.98 +0.97 0.05%
NASDAQ 4,472.1080 -1.5890 -0.04%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs