The market’s growing volatility is a small area of concern on our mind today; if anything, it should cause you to manage your market exposure a little more carefully; buy low and keep losses small. On the other hand, there are still some very strong stocks out there, and as we all know, trends can persist far longer than expected. Four oil stocks anchor this issue of Cabot Top Ten Report, reflecting the fact that the sector is strong, that it held up extremely well in last Friday’s market dump, and that many mid-sized companies in the sector are attracting institutional investors’ money. As long as the trend continues—and we recognize that it may be overdone in the short-term—we like them all. But our Editors’ Choice is one of the two steel companies in the issue,
Gerdau. Benefiting from the fast-growing Brazilian economy but diversified into the rest of South America and North America, it’s got a great track record of growth as well as a chart that’s been building a base for the past month.
| Stock Name | Price | Buy Range | Loss Limit |
|---|
| BNI (BNI) | 0.00 | 107-114 | - |
| CXO (CXO) | 0.00 | 35-38 | - |
| ENER (ENER) | 0.00 | 54-62 | - |
| GGB (GGB) | 0.00 | 48-53 | - |
| MDU (MDU) | 0.00 | 32-34 | - |
| ME (ME) | 0.00 | 32-34 | - |
| MT (MT) | 0.00 | 98-102 | - |
| TAP (TAP) | 0.00 | 57-59 | - |
| WLL (WLL) | 0.00 | 100-105 | - |
| AGU (AGU) | 0.00 | 88-93 | - |