Below is a list of my latest oil stock picks for 2012. These 2012 Oil Stock Picks are my favor stocks to buy and some of the stocks I will be trading personally. Last year, one of my top oil stock picks was Brigham Exploration (BEXP). BEXP stock went from $15 to $27 from July to December of 2012 and was one of my biggest stock gainers of the year. I feel 2012 will be a good year for stocks and the overall stock market. Oil in 2012 should hit $110-$120 which would make the oil stocks rally even higher.
Key Areas of Oil Exploration in 2012 – Eagle Ford Shale – Niobrara Shale – Bakken Shale – Permian Basin – Oil Discoveries are still going on in these fields and in 2012, more Oil Discoveries will be made. Keep an eye on the Chainman Shale – Cabot Oil & Gas (COG) mentioned in late 2012 that they are drilling for oil in the Chainman Shale. We also have Venoco (VQ) drilling the Monterey Shale in California. With that, here is a list of my best oil stock picks for 2012
#1 Top Oil Stock Pick 2012 – Oil Stocks – Hyperdynamics Corporation (HDY) – While Hyperdynamics (HDY) is my top stock pick of 2012, it is a risky one. The company has no revenues and does not make any money but could be sitting on a very large pool of oil off the coast of Africa. Drilling for oil is expected to begin in December 2012. Hyperdynamics was headed into a downward spiral over the past couple years but changed the management team in 2012 who vowed to take the company in a new direction. Hyperdynamics has a very large prospective leased area off the coast of the Republic of Guinea. In November 2012, Hyperdynamics raised $30 million in a private placement from financial giant Blackrock (BLK) which will help in preperation costs to drill for oil in late 2012. Hyperdynamics did a few surveys and believe they could be sitting on billions of barrels of oil.
As for HDY stock in 2012, It is my top stock to buy and my best trading idea. I have been trading HDY since the stock was $1.60 in August 2012 and gave it a price target of $4 – $6 for 2012. HDY hit a high of $3.63 in October 2012 and continues to trade around $3.00 as we head into 2012. If everything goes as planned and the company does infact sit on top of a large oil pool, we could be looking at a $8-$10 stock by year end 2012 in my opinion. I gave it a target of $4 – $6 when the stock was hitting $2.60 just to be on the conservative side. Of coarse, if Hyperdynamics announces any delays or lesser oil reserves, all bets are off. Pullbacks below $2.50 should be a great buy if you are looking for an entry point. I currently own HDY stock for the long term and will buy more stock on pullbacks. If you have any questions or feel like discussing HDY stock, visit my HDY message forum thread.
#2 Top Oil Stock Pick for 2012 – Kodiak Oil & Gas (KOG) – Kodiak Oil & Gas was another huge stock gainer for me at the end of 2012. I bought KOG stock at $4.30 in mid November 2012 and sold between $5.00-$5.70 a month later. KOG went on to hit $6.69 a few weeks later. Kodiak Oil in Gas recently aquired additional acreage in the Bakken Shale. This acreage is in some of the best zones in the Bakken which includes the Three Forks Oil zone. When I originally bought KOG at $4.30, I placed a personal target of $8-$10 on it for 2012. I am sticking with this and feel the stock could even hit $12. A lot will depend on what oil does but ultimately the stock is going a lot higher. While I don’t own KOG right now, I plan to buy the stock on any major correction.
8 Tech Penny Stocks to invest in 2012
what to invest in 2012, now we will show you as follow:
8 Tech Penny Stocks to Buy Now
Technology stocks have been on a tear lately, with the tech-heavy Nasdaq outperforming the Dow Jones Industrial Average 17% to 13% across the last six months. But it’s worth noting that many small-cap tech stocks have done much better than that, while blue chips like Microsoft (NASDAQ: MSFT), Cisco (NASDAQ: CSCO) and Google (NASDAQ: GOOG) have all underperformed.
You can see the power of the tech sector best in small, agile penny stocks that are surging recently. I of course don’t mean penny stock in a literal sense – as a rule, any micro-cap pink sheet or OTC investment that goes for only a few cents a share is a massive gamble. By “penny stock” I mean ultra low-priced companies, but ones that are larger than $100 million in market capitalization.
To help you share in the tech penny stock surge, consider these 8 investments and their recent gains:
Sirius XM Radio Inc: Year-to-date, stock of Sirius XM Radio Inc. (NASDAQ: SIRI) is up +13%. Sirius offers satellite radio content on music, sports and news in the United States for a subscription fee. In the last 12 months, SIRI has gained an impressive +112%, compared to much smaller gains by the broader markets.
ICO Global Communications: Mobile satellite service operator ICO Global Communications (NASDAQ: ICOG) has posted an impressive stock gain of +132% in the last 12 months. More recently, this penny stock is up +44% in the last 30 days alone. If bought at the right time, ICOG can be great for your portfolio, as it jumped +40% in one day in March. ICO Global is an example of how explosive tech penny stocks can be.
* Related Article: 10 Best Stocks for 2011
8×8 Inc: Known for its telecommunication services, 8×8 Inc. (NASDAQ: EGHT) has gained +19% year-to-date. Looking in the longer term, EGHT is up +86% in the last year. This quarter, analysts are predicting EGHT will posted EPS of four cents, up from two cents last year. But percentage-wise, that’s a 50% increase! This shows how just a small jump in earnings can really mean big things for a penny stock in the tech sector.
EMCORE Corp: Offering a wide range of semiconductor products, EMCORE Corp. (NASDAQ: EMKR) has experience a jump in stock price of +119% since the beginning of 2011. This stock has also jumped +73% since the beginning of February, and posted a quarterly revenue growth of +23% in its last income statement. This penny stock has a 52-week range of 71 cents to $3.25 – but just touched its high a month ago before the March contraction. There’s no reason EMKR stock can’t get back to those levels very soon.
* Related Articles: Dividend Stocks to Buy
Dot Hill Systems Corp: Provider of storage systems and enterprise server software, Dot Hill Systems Corp. (NASDAQ: HILL) is another penny stock worth keeping an eye on. Year-to-date, this tech stock has gained +70%, compared to a gain of just +7% for the Dow Jones. In the last 12 months, this stock has soared +101% as well.
Identive Group Inc: Focusing on identification-based technologies, Identive Group Inc. (NASDAQ: INVE) has watched its stock gain +7% year-to-date and +47% in the last 12 months. Shareholders of INVE can also point to the company’s quarterly revenue growth, which was reported as +111%, in its last income statement.
RAE Systems Inc: Known for providing wireless sensor networks that enable its customers worldwide to identify safety and security threats in real-time, RAE Systems Inc. (AMEX: RAE) has the potential to grow your portfolio in a hurry. Over the last year, this penny stock is up +115%. In September, RAE stock jumped +42% in just three days, showing the penny stock’s short term potential. Buy this penny stock as it trades just below its 52-week high of $1.88.
Mad Catz Interactive Inc: Known for its video game accessories, Mad Catz Interactive Inc. (AMEX: MCZ) has been the highest performing stock on this list. In the last year, MCZ is up an incredible +381%. The success has continued as of late, as this penny stock has gained +115%, year-to-date. A quarterly revenue growth of +91% and a quarterly earnings growth of +73%, only add to this stock’s impressive resume.
8 Tech Penny Stocks to Buy Now
Technology stocks have been on a tear lately, with the tech-heavy Nasdaq outperforming the Dow Jones Industrial Average 17% to 13% across the last six months. But it’s worth noting that many small-cap tech stocks have done much better than that, while blue chips like Microsoft (NASDAQ: MSFT), Cisco (NASDAQ: CSCO) and Google (NASDAQ: GOOG) have all underperformed.
You can see the power of the tech sector best in small, agile penny stocks that are surging recently. I of course don’t mean penny stock in a literal sense – as a rule, any micro-cap pink sheet or OTC investment that goes for only a few cents a share is a massive gamble. By “penny stock” I mean ultra low-priced companies, but ones that are larger than $100 million in market capitalization.
To help you share in the tech penny stock surge, consider these 8 investments and their recent gains:
Sirius XM Radio Inc: Year-to-date, stock of Sirius XM Radio Inc. (NASDAQ: SIRI) is up +13%. Sirius offers satellite radio content on music, sports and news in the United States for a subscription fee. In the last 12 months, SIRI has gained an impressive +112%, compared to much smaller gains by the broader markets.
ICO Global Communications: Mobile satellite service operator ICO Global Communications (NASDAQ: ICOG) has posted an impressive stock gain of +132% in the last 12 months. More recently, this penny stock is up +44% in the last 30 days alone. If bought at the right time, ICOG can be great for your portfolio, as it jumped +40% in one day in March. ICO Global is an example of how explosive tech penny stocks can be.
* Related Article: 10 Best Stocks for 2011
8×8 Inc: Known for its telecommunication services, 8×8 Inc. (NASDAQ: EGHT) has gained +19% year-to-date. Looking in the longer term, EGHT is up +86% in the last year. This quarter, analysts are predicting EGHT will posted EPS of four cents, up from two cents last year. But percentage-wise, that’s a 50% increase! This shows how just a small jump in earnings can really mean big things for a penny stock in the tech sector.
EMCORE Corp: Offering a wide range of semiconductor products, EMCORE Corp. (NASDAQ: EMKR) has experience a jump in stock price of +119% since the beginning of 2011. This stock has also jumped +73% since the beginning of February, and posted a quarterly revenue growth of +23% in its last income statement. This penny stock has a 52-week range of 71 cents to $3.25 – but just touched its high a month ago before the March contraction. There’s no reason EMKR stock can’t get back to those levels very soon.
* Related Articles: Dividend Stocks to Buy
Dot Hill Systems Corp: Provider of storage systems and enterprise server software, Dot Hill Systems Corp. (NASDAQ: HILL) is another penny stock worth keeping an eye on. Year-to-date, this tech stock has gained +70%, compared to a gain of just +7% for the Dow Jones. In the last 12 months, this stock has soared +101% as well.
Identive Group Inc: Focusing on identification-based technologies, Identive Group Inc. (NASDAQ: INVE) has watched its stock gain +7% year-to-date and +47% in the last 12 months. Shareholders of INVE can also point to the company’s quarterly revenue growth, which was reported as +111%, in its last income statement.
RAE Systems Inc: Known for providing wireless sensor networks that enable its customers worldwide to identify safety and security threats in real-time, RAE Systems Inc. (AMEX: RAE) has the potential to grow your portfolio in a hurry. Over the last year, this penny stock is up +115%. In September, RAE stock jumped +42% in just three days, showing the penny stock’s short term potential. Buy this penny stock as it trades just below its 52-week high of $1.88.
Mad Catz Interactive Inc: Known for its video game accessories, Mad Catz Interactive Inc. (AMEX: MCZ) has been the highest performing stock on this list. In the last year, MCZ is up an incredible +381%. The success has continued as of late, as this penny stock has gained +115%, year-to-date. A quarterly revenue growth of +91% and a quarterly earnings growth of +73%, only add to this stock’s impressive resume.
Top 10 Stocks NOT to Buy in 2011
It’s hard to believe, but the holiday season is upon us and there is only about a month and a half left in 2010. Because this is the busiest time of the year for investors like you, I thought I’d get out ahead of the New Year and I would give you 10 stocks that I think you should dump for 2011.
Some of these stocks have had a good run and some never really got anything going this year, but all are too risky if you’re looking to build a solid portfolio in 2011.
Let’s get right to this list of stocks you should sell or avoid as we close out 2010.
Some of these stocks have had a good run and some never really got anything going this year, but all are too risky if you’re looking to build a solid portfolio in 2011.
Let’s get right to this list of stocks you should sell or avoid as we close out 2010.
6 Stocks to Sell in November
Despite high unemployment, a shakyU.S.economy with talk of a double-dip recession, and more debt crises inEurope, stocks enjoyed one of the best Octobers on record. However, with earnings of most of the big movers of the S&P 500 now reported, the focus of investors is again turning toEurope, and the picture is not good.Greece’s problems remain,SpainandItalyalso have serious problems, andChina’s inflation rate caused their leaders to tighten credit, which could have a nasty impact on the West.
The names on this month’s list of stocks to sell are from sectors that would be negatively impacted by the continuing problems in Europe, along with another slowdown in theUnited States. andAsia. Banks and financial services are high on the list of those that would be hit again. But building industry stocks, especially those that have rallied recently, are also subject to heavy selling. And companies that have been beneficiaries of the early run for solar power are now paying the price of oversupply and competition.
Here is our list of stocks to sell in November:
The names on this month’s list of stocks to sell are from sectors that would be negatively impacted by the continuing problems in Europe, along with another slowdown in theUnited States. andAsia. Banks and financial services are high on the list of those that would be hit again. But building industry stocks, especially those that have rallied recently, are also subject to heavy selling. And companies that have been beneficiaries of the early run for solar power are now paying the price of oversupply and competition.
Here is our list of stocks to sell in November:
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