Thursday, May 22, 2014

Continental Resources: Leading Energy Stocks To Replace Biotech This Year - Continental Resources, Inc. (NYSE:CLR) | Seeking Alpha

Continental Resources: Leading Energy Stocks To Replace Biotech This Year - Continental Resources, Inc. (NYSE:CLR) | Seeking Alpha



This is a very good article about Continental Resources (CLR).  I own the stock and plan to buy more in the future.  Continental is the largest leaseholder in the Bakken oil area of North Dakota and Montana.  In addition to this, they control an oil section of Oklahoma which reportedly has even more oil than the Bakken.  The company's oil production is expected to triple by 2017.  Moreover, the stock has gained 72% in the past 12 months, and double-digit gains will most likely continue.  I believe CLR is the number one stock an investor should own in a diversified portfolio.


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