List of Best Stocks to Own

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Wouldn't you like a list of the best stocks to own? Remember, the dollar value does not mean anything anymore. As Warren Buffet always noted, the VALUE is what is crucial when selecting your picks.

But how do you know the true value of a stock? Think about what cannot be reprinted or remade, think resources, think energy and black gold.

How to find the list of best stocks to own
I believe every investor needs to follow what the world's biggest company — with the world's largest cash flow and biggest profits — is doing. Yes, I'm talking about CHINA.
Indeed, while the rest of the world has been consumed by the global financial crisis, China has been reaching into its deep pockets and circling the globe to corner much of the world's oil supplies.

Its deals are growing more ambitious as Beijing outsmarts the rest of the world and looks to meet its burgeoning oil demand. In the past decade, China's oil consumption has doubled to 8 million barrels a day.
And it's estimated that it could easily double again in the next decade as the number of Chinese joining the ranks of the middle-class swells.

Last week, CNPC, China's largest oil and gas producer and supplier, teamed up with British Petroleum (BP) to develop Iraq's Rumaila oil field, bringing the field's oil production up from 1 million b/d to 3 million b/d — ultimately giving China a stake in 37% of the production or over one million b/d.
My view: Like gold, everyone should also have a core stake in black gold, oil. So if you haven't already followed my oil recommendations, it's not too late here either.
Here are four primary ways to get your stake in black gold …

Pick #1 of list of best stocks to own
1. The Energy Select Sector SPDR (XLE), an ETF comprised of the world's top oil and gas exploration and production companies. Recommended previously in this column at the $42 level, XLE is now trading over $56 a share, for more than a 34% gain.

Pick#2 of list of best stocks to own -IXC

2. The iShares S&P Global Energy Sector Index Fund (IXC). This ETF invests at least 90% of assets in the underlying securities of the S&P Global Energy Sector Index. Since recommended in early August, this ETF is up almost 8%.

Pick#3 of list of best stocks to own-PTR

3. PetroChina (PTR), one of the leading Chinese energy conglomerates, a must-own for the long haul. Previously recommended in this column at the $86 level, PTR is now trading at about $125, for a 45% gain.

Pick #4 of list of best stocks to own-CNOOC
4. CNOOC Ltd (CEO), another leading China oil and gas company, and another must-own for a core holding in energy. Previously recommended at the $107 level, CEO is now fetching more than $153 a share, for an open gain of better than 42%.

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