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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: farmerboy	3/6/2009 11:09:55 PM
	2 Recommendations of 206084

Citi Morning Musings We are lifting the Energy sector to overweight from market weight. After having been negative on this sector for most of 2008 and market weight for the past few months, the group looks washed out on earnings expectations and valuation is attractive using our analysis. Moreover, Energy typically outperforms from February through September. Not all signals are positive, but evidence suggests that this higher beta group can perform well during a market rally and is no longer likely to disappoint investors significantly. As a result, we are adding Marathon Oil and EOG Resources to Citi’s Recommended List. citigroupgeo.com

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