Saturday, May 26, 2007
Energy stocks looking good
Last week, TXU was one of our daily picks. Check out the chart - in the last month, we've seen pretty steady growth. The stock has gone from 65 to nearly 68, or a growth of about 4%. I'd say that's pretty good for one month, and there should be more to come.
TXU 30 Day Graph
Another stock that has some serious potential is Florida Power & Light (FPL). This company is very similar to TXU, but services the state of Florida by producing and distributing electricity to many of the state's residents. Florida is a energy consuming state - consider how much power the state uses each day in air conditioning alone during the summer months.
Have a happy Memorial Day and check back for next week's picks!
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