- Rockwell Automation Earnings: What Options Are Saying
- Gold Will Touch Higher Lows and Higher Highs: Analyst
- Correction Coming When Fed Ends 'Easy Money': Market Pro
- Risk Is More 'Enticing' Now: Chief Economist
- Olin Options Indicate a Rebound
- S&P to Finish Above 1,100 by Year-End: Market Analyst
- Smartphone Landscape to Change Dramatically in Asia
- This Bear-Market Rally Has 'Turned': Elliot Wave's Hochberg
- Expect 33% Earnings Increase in 2010: S&P’s Sam Stovall
- Art Cashin: Fed 'Doesn't Believe' the Recovery Yet
MOST SHARED
- Solar Market Heating Back Up?
- Realty Execs See Pain Ahead
- Easy Money & Stocks
- Tommy Lee, Medical Tourism and Nasty Santa, Your Emails
- Buying Fear: How to Own Volatility
- Want the Homebuyer's Tax Credit? Here Are Some Tips
- Week Ahead: Stocks Search for Catalyst in Quiet Week
- Video Game Industry's Troubles Aren't Just in US
- Consumers Haven't Changed, They Are Just Pickier
- Tommy Lee, Medical Tourism and Nasty Santa, Your Emails
- U.S. Markets Gain 3% for the Week Despite 10.2% Unemployment
- Disney's 'Carol' Tests Widest 3-D Release Ever
- Stimulus II? Jobs Tax Credit=Cash For Clunkers
- Rockwell Automation Earnings: What Options Are Saying
- Gold Will Touch Higher Lows and Higher Highs: Analyst
- Is Misery Alive And Well in Your Office?
- Consumers Haven't Changed, They Are Just Pickier
- Watch Foreclosures, Seriously
- Week Ahead: Stocks Search for Catalyst in Quiet Week
- Outlook: Dollar Likely to Ride Higher on Bleak Jobs Report
- Health Bill Clears First Hurdle in House
- Buffett's Berkshire Hathaway Says Net Income Tripled
- Cramer: Earnings, IPOs Dominate Next Week
- Buying Fear: How to Own Volatility
- Administration Rejects Plan to Buy Fannie Mae Credits
- Consumers Haven't Changed —They Just Got Pickier
- Want the Homebuyer's Tax Credit? Here Are Some Tips
RSS FEED
CNBC Stock Blog
Text Size 
Energy companies are a good place for investors to put their money, because the spike in oil prices has not been matched by share prices, Bob Doll, vice-chairman and Chief Investment Officer of global equities at BlackRock, told CNBC.
"You want companies that have strength, have stayed in power, can gain market share," Doll told "Squawk Box."
The price of oil has retreated in the past days on fears the global economic recovery will not come as fast as many investors had thought, but he said oil firms were still a good bet.
"I think somewhere in the $60 range (per barrel) these companies can make money," Doll said.
Marathon [MRO
Loading...
()
], Occidental Petroleum Corporation [OXY
Loading...
()
], ConocoPhilips [COP
Loading...
()
] and Anadarko [APC
Loading...
()
] are the energy companies that Doll likes.
About the healthcare sector, which has been in the news lately, Doll said it's "a grey cloud".
"You need to be careful because whenever legislation is enacted is not likely to be good news for the industry," he said.
However, he said he liked United Healthcare [UAHC
Loading...
()
] and some of the biotech companies like Amgen [AMGN
Loading...
()
].
Data is a real-time snapshot *Data is delayed at least 15 minutes