Just because prices are going up doesn't mean your portfolio has to suffer.
An inflationary environment may be difficult for a lot of companies, but there are some names that appear poised to profit.
With oil at elevated levels , the assumption is that energy companies are solid investments. Dig a little deeper, and it,s oil services that might outperform the most, says Phil Weiss of Argus Research.
"The upstream business is more willing to increase capital expenditures and spend money on exploration, development and to slow down the depletion of the fields," Weiss said.
His best pick is Halliburton . The company has a proven track record with shale drilling for natural gas. Weiss says those methods might soon be used beyond natural gas.