Watch List Addition: Energy Select Sector SPDR

Saturday August 25, 2007

If you look at the 5 year chart for the Energy Select Sector SPDR (XLE: 84.90 -1.27 -1.47%) you see a 300% gain with very few pull backs. The energy companies have been very profitable as oil prices have gone up and stayed high.

So I will add (XLE: 84.90 -1.27 -1.47%) to my Watch List page and start looking for some stocks to review. It appears we all should have some energy exposure in our portfolios.