GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Cimarex Energy Co (XEC) [hlAlert]

Rating:
Hold XEC
up 107.00 %

Cimarex Energy Co (XEC) rated Hold by Standpoint Research

Posted on: Tuesday,  Mar 2, 2010  3:25 PM ET by Standpoint Research

Standpoint Research rated Hold Cimarex Energy Co (NYSE: XEC) on 03/02/2010. Previously Standpoint Research rated Buy Cimarex Energy Co (NYSE: XEC) on
01/04/2009., when the stock price was $29.40. Since then, Cimarex Energy Co has gained 107.01% as of 03/02/2010's recent price of $60.86.
If you would have followed the previous Standpoint Research's recommendation on XEC, you would have gained 107% of your investment in 422 days.

Cimarex Energy is an independent oil and gas exploration and production company focused on increasing shareholder value through strategies linked to generating attractive economic returns on capital employed and profitable growth in per-share reserves, production, and cash flow. They intend to profitably grow reserves and production through a balanced mix of exploration, exploitation and acquisitions. They have a diversified base of high-quality production along with attractive drilling opportunities.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2010 3:25 PM Hold
None
60.86
as of 12/31/2010
1 Week up  6.83 %
1 Month up  18.57 %
3 Months up  44.30 %
1 YTD up  224.82 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2009 4:00 PM Buy
None
29.40

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy