Three "Stocks Under $10."
Huge:
KOG was mentioned first. Again, for newbies, go back to posts regarding KOG; production currently about 15,000 bopd; expects to get to 30,000 bopd by end of next year. And I don't see the bottom falling out on the price of oil going forward.
Considering the 10's of thousands of publicly traded companies that could have been selected, it is amazing, at least to me, that KOG pops up yet again. The folks on Wall Street see the production expectations; folks that follow the Bakken closely know that KOG has positioned itself in the heart of the Bakken. In addition, its market cap now places KOG in position to start acquiring more Williston Basin property. I can think of at least one publicly traded company in the Bakken that might interest KOG.
Second, TriQuint Semiconductor; chips for iPhone.
Third, Cott. Juices, sodas.
See disclaimer at the sidebar at the right; this is not an investment site.
I have watching this stock along with several others for investment purposes. It just so happened that this morning, I purchased this stock at $8.75/share which I consider a great deal. I keeps tabs on various companies with holdings in the Bakken and this company has some impressive acreage which can only go up in value as time goes on. Thanks for providing others this post.
ReplyDeleteRegardless how it works out, I am just amazed how much media attention (in the investment world) this small Bakken company is getting.
ReplyDeleteI purchased some of this stock at 3.45 and plan to buy more.
ReplyDeleteFor those investors looking for an exchange traded fund that invests in lithium stocks their is an exchange traded fund that invest in stocks in the lithium business it is Global X Lithium ETF symbol (LIT).
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