THREE NATURAL GAS LEADERS... In the January article, three of the stocks that I listed as natural gas leaders were Apache, Chesapeake Energy, and XTOEnergy. Chart 4 shows those three stocks plotted relative to the Energy SPDR (flat black line). On a relative strength basis, the chart shows all three natural gas stocks starting to outperform the XLE last September. The chart also that XTO remains the strongest and is followed by Chesapeake and Apache. Chart 5 shows their actual price charts. XTO and Chesapeake and trading at new record highs. Apache isn't far behind. The moral of the storyis that all energy stocks aren't equal. If you're concerned that crude prices may suffer a downside correction during a possible recession, naturalgas may be a better part of the energy patch.
XTO, CHK,APA
DVN, EOG
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