- My 2010 Home Price Outlook: UBS Analyst
- Why Are Options Piling into Dollar Tree?
- Markets Can Rise 5-10% in the Near-Term: Strategist
- Buy These 'Competitively Positioned' Stocks: Portfolio Manager
- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- HP to Feed on Enterprise Spending Next Year: Tech Analyst
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- GM's Agreement to Sell Saab To Swedish Firm Falls Apart
- US Home Prices Up 5th Month, 2nd Straight Quarter
- Buyers Look For Bargains At Luxury Condo Auction
- FDIC Fund Falls into The Red, Bair Urges Lending
- Revised GDP Reading Puts Growth at 2.8%; Inflation Tame
- Behind The Scenes With Warren Buffett
- 10 Holiday Cocktail Recipes from Top Mixologists
- CA "More Profitable" After Saving Energy: CEO
- The L.A. Extravaganza: A Test for Auto Shows
- Nov. 24: Unusual Volume Leaders
- NBA D-League On The Rise
- 3D's Tipping Point and Your Living Room
- On Twitter, Beware False Prophets
- My 2010 Home Price Outlook: UBS Analyst
- Why Are Options Piling into Dollar Tree?
- Novartis 'Cells' Its Flu Vaccine Technology
- Silicon Valley and Hollywood Now Fast Friends
- Markets Can Rise 5-10% in the Near-Term: Strategist
- In Time for Holidays: More Gloom and Doom on Economy
- Turkey Day 101: How Well Do You Know Your Bird?
- US Home Prices Up 5th Month, 2nd Straight Quarter
- Holiday Guide to This Season's Smartphones
- Six Ways to Boost Your Income in a Big Way
- Buyers Look for Bargains at Luxury Condo Auction
- Ron Paul's Plan to Audit Fed a 'Serious Attack': Mishkin
- GM's Agreement to Sell Saab Unit Falls Apart
- Strong Banks, Weak Credit: Treasury Rethinks TARP
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