This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

5 Rocket Stocks Worth Buying This Summer

Anadarko Petroleum

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

Get Adobe Flash player

Texas-based oil and gas exploration and production firm Anadarko Petroleum (APC - Get Report) is another name that made the Rocket Stock cut this week. Anadarko is one of the biggest independent E&P firms, with proved reserves of 2.5 billion barrels of oil equivalent.

As a pure-play E&P firm, Anadarko doesn't have any of the other secondary businesses (like refining or retailing) that smooth out sales when oil prices are low, but also smash margins lower when crude prices are high. As oil creeps back up this summer, investors should see that as a good thing.

Anadarko does have diversification in where it drills -- in addition to projects in the U.S., APC owns offshore sites in places like the Gulf of Mexico and Cote d'Ivoire. The firm's mix of oil and gas is also solid. Anadarko's mix is nearly 50/50, albeit slightly skewed towards gas. That gives the firm the sort of positioning that supermajors have had to pay out big bucks to achieve on their own, and a big bull case for those who see higher nat gas prices on the horizon.

>>7 Underrated Oil and Gas Stocks Ripe for Gains

While the E&P business is capital-intense, Anadarko currently has a solid balance sheet with ample available liquidity. As speculation heightens over the next round of inflationary stimulus, exposure to commodity plays like APC is going to be valuable indeed.

3 of 6

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

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
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG
APC $81.73 -1.34%
BBT $38.46 1.29%
HOT $80.69 -0.07%
KO $41.52 -2.08%
SCCO $28.84 -2.10%

Markets

DOW 17,856.78 -278.94 -1.54%
S&P 500 2,071.26 -29.78 -1.42%
NASDAQ 4,927.37 -55.4390 -1.11%

Partners Compare Online Brokers

Free Reports

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