Concho Resources, JinkoSolar Lead IBD 50’s 4 Energy Stocks

IBD's Capital Hill ^ | 2/12/2011 | Ed Carson

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Oil prices have come off recent highs, but remain above $85 a barrel. That provides plenty of margin for domestic oil plays Concho Resources (CXO) and Northern Oil & Gas (NOG). Chinese solar products maker JinkoSolar(JKS) likely delivered another of triple-digit profit and sales growth. El Paso Pipeline Partners (EPB) has enjoyed solid growth amid relatively low natural gas prices.

All four are part of the IBD 50, the high-powered list of superior stocks based on fundamental and technical factors.

[hinckley buzzard]

CXO and NOG are engaged in a variety of domestic energy projects. If the mideast goes sour and the price of energy soars, they will benefit greatly. EPB is a pipeline, mainly, and makes money regardless of the price of natural gas. Don't know anything about the solar play.