DON'T BUY
Feels that methanol prices are too high and unsustainable. Thinks the demand for the commodity will be down.
BUY
Travel industry seems to be turning around. Properties are high quality. Well positioned for turnaround.
BUY
Weakening US dollar will help commodity prices. Copper prices will be going higher.
DON'T BUY
There have been a few negative developments this year. Fully valued.
BUY
Production should go up 2 1/2 fold over the next five years. Has a very long reserve life.
TOP PICK
Have a lot of cash and very little debt. Buying back shares and expects a special dividend will be issued in the next year. Have grown 6% to 10% in the last five to 10 years.
BUY
Sees five to 10% upside in the next 12 months. Target $72 in a year.
DON'T BUY
Very speculative investment. Could have a little bit of upside, but expect liquidity issues in the fourth quarter of 2004 when they have a $2 1/2-billion convertible bond due.
TOP PICK
Has lagged the group. Even mix of gas and oil. Has some high impact products. Has a nice international base.
WEAK BUY
(Top pick May 9. Up 2.8%) Expensive compared to most of its peers. Its gas is none traditional in that it is difficult to get out of the ground. May still have some upside.
BUY
Should be worth $60. Investors are starting to recognize that it is undervalued.
TOP PICK
Pays a little over 4%. Has a diversified business model. Strong management team.
BUY
Very good company. Have done a joint venture with a large Russian oil producer. A strong growth strategy.
DON'T BUY
Have not been adding to their portfolio. Suffering a decline in their production so it could be problematic.
SELL
Has pretty well topped out where it is. Fully valued. Dividend may be in danger of being cut.