2011 Gain: $31.22 (56.2%)
2011 Closing price: $86.69
With fracking expected to unlock huge natural gas reserves, investors may be looking at this company as a major beneficiary of a potential U.S. energy boom. Oneok is a leader in the processing and transportation of natural gas, and speculation suggests the U.S. could become a top exporter of this clean energy alternative.
What’s the trade?
Although trader Steve Grasso, director of institutional sales trading at Stuart Frankel, is bullish on utilities, he thinks there are better plays than this one. Instead, he suggests Dominion or Southern because both trade at a lower earnings multiple and have a higher yield.