This Day On The Street
Continue to site
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

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 - Get Report). 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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
JDSU $6.51 -2.40%
DBLE $1.19 0.85%
MOBI $2.02 0.00%
MRO $14.09 0.00%
MU $10.75 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs