Skip navigation
Watchlist Sponsored By :


Current DateTime: 06:03:23 15 Nov 2009
LinksList Documentid: 33482595

Current DateTime: 06:03:26 15 Nov 2009
LinksList Documentid: 24355697

FEATURED QUIZZES


Current DateTime: 06:03:26 15 Nov 2009
LinksList Documentid: 33793611
  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?

  • The Many Myths of Coca-Cola

      Can you tell which statements are true, and which ones are just rumors?

  • Think You Understand Markets?

      We've selected some questions from the Financial Industry Regulatory Authority's test of investor knowledge. See how you do ...


Current DateTime: 06:03:26 15 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
Quick Energy (Stocks) For Your Portfolio
By: Andrew Fisher | 02 Jan 2008 | 02:28 PM ET
Text Size

Picks and Pans

T. Rowe Price portfolio manager Charles Ober powers his fund with energy stocks, and the tactic appears to be working:  Ober's New Era Fund is up 29.9 percent over the last five years.

He's still bullish on the energy sector in 2008.

"I think it will be a growth year, unless there's a real contraction in the global economy," he told CNBC.

That said, Ober does not expect a continuation of the kind of returns the sector enjoyed last year.

"I don't think that returns can be comparable to last year," he said.  "I'm inclined to believe that it's going to be a little bit more difficult to pick the winners this year."

His picks include Schlumberger [SLB  Loading...      ()   ].

"Schlumberger's in the catbird seat," he said.  "They've got the best oil-services facilities in the world.  They provide value-added technology to all of the world's oil companies, not just the international majors."

Ober also likes Total [TOT  Loading...      ()   ].

"Total is a very well-managed company, has a terrific portfolio of development assets, and we're going to see pretty good production growth out of Total," he said.

Ober owns both Schlumberger and Total through his fund.

© 2009 CNBC.com
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
  • Brian L. Roberts
  • For the chief of cable company Comcast, growth has been about making deals – generally very large deals.
  • Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?
  • The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
  • Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.
ADD COMMENTS
Remaining characters


Current DateTime: 01:03:48 15 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:02:04 15 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:02:04 15 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:02:04 15 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters