The steel sector has been leading sector for last 5 years. Many steel stocks were stuck at single digit levels when the 2003 market rally started. Doe 5 years the sector has maintained its leadership.MTL the Russian steel maker is one of the start performer in the sector with a 347% move in last one year.
The top 20 sector stocks continue to attract buyers. Some of the stocks witnessing higher buying pressure from this sector are:
ACGY,Acergy S.A. Ads (Google Yahoo Earnings Chart)
AEZ,American Oil & Gas Inc (Google Yahoo Earnings Chart)
BEXP,Brigham Exploration Co (Google Yahoo Earnings Chart)
CXG,CNX Gas Corp (Google Yahoo Earnings Chart)
CXZ,Crosshair Exploration (Google Yahoo Earnings Chart)
KOG,Kodiak Oil & Gas Corp (Google Yahoo Earnings Chart)
LNG,Cheniere Energy Inc (Google Yahoo Earnings Chart)
MTL,Mechel Steel Group OAO ADS (Google Yahoo Earnings Chart)
NOG,Northern Oil and Gas (Google Yahoo Earnings Chart)
PKD,Parker Drilling Co (Google Yahoo Earnings Chart)
PLLL,Parallel Petroleum Corp (Google Yahoo Earnings Chart)
PRC,Petro Resources Corporation (Google Yahoo Earnings Chart)
RIC,Richmont Mines Inc (Google Yahoo Earnings Chart)
SD,SandRidge Energy (Google Yahoo Earnings Chart)
TMR,Meridian Resource Corp (Google Yahoo Earnings Chart)
1 comment:
Hello Pradeep,
You know what they say:
"What goes up [especially by that much] must come down"
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