Monday, April 29, 2013

Energy Stocks - EQT


Right now, the EQT stock appears to be doing very well, as it's getting near its maximum stock price for the year ($74.41-$76.65; as of 11:32AM it is valued at $76.60.) This is no doubt due to the market trend of higher demand for gas as the masses fuel up to go places for the summer. In addition, there aren't any major problems related to the company in the news - on the contrary, the news is full of talk about how EQT is doing so well, concerning their gas-centric strategy they implemented a while ago. I can only see it continue to get better based on the aforementioned elements. Sadly, it doesn't really matter to me since our team won't be buying it because it doesn't fit our aggressive style of stock buying. Even so, stock holders may want to get some of EQT's stock before it gets too hot.

- Luigi



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