April 4th, 2011 
Category: 
Earlier this year I was invited by fellow bloggers to a friendly stock picking competition where each blogger picks 4 stocks (or ETFs) they think will outperform in 2011. Well the Q1 results are out and it’s not looking great for yours truly given what the oil and gas sector went through in March.
| Rank | Site | YTD Return (%) |
| 1 | The Financial Blogger | 12.41% |
| 2 | Million Dollar Journey | 12.16% |
| 3 | My Traders Journal | 11.77% |
| 4 | Where Does All My Money Go | 5.13% |
| 5 | Beating The Index | 3.08% |
| 6 | Intelligent Speculator | 1.66% |
| 7 | Dividend Growth Investor | 1.43% |
| 8 | The Wild Investor | 0.28% |
| 9 | Money Smarts | -1.7% |
Stock Picks Review
Skywest Energy (TSXV:SKW)
YTD ROI = -5.80%
SKW is suffering from the same blues most of the oil stocks are suffering from. Nothing wrong with the company and I truly believe they will double their NAV by year’s end by substantially increasing their production during the year.
Arcan Resources (TSXV:ARN)
YTD ROI = -24.3%
Investors have been playing ping pong with ARN as a pipeline incident and general market conditions re-priced this stock lower into more of a humbler valuation. I am still bullish on ARN and would love to pick up some shares this summer. They have the oil, they’re making the money at $100 a barrel and it’s a matter of time before a premium price creeps back in.
Bowood Energy (TSXV:BWD)
YTD ROI = -19.17%
BWD still holds a lot of promise as one of my favorite Alberta Bakken plays. The speculative run is over and now the market is waiting for results. They are currently drilling with their JV partner so positive results are necessary to power the next leg up.
Reliable Energy (TSXV:REL)
YTD ROI= +50%
REL is my biggest holding and I am glad it is shining following a bloody month. REL is only in the beginning of its journey and I expect it to trade higher by the end of this year. They are currently drilling a vertical test well in Montana that is being closely watched. Results will be a huge catalyst in the short term and execution throughout Q3 will build a solid foundation for a higher share price.
I am still confident in my picks based on my investment thesis for each stock as long as the global economy doesn’t slip back into recession because of some black swan event. It’s only the first quarter and I am really banking on the year end results in this competition.
[...] Beating The Index: 3.08% [...]
[...] Beating the Index [...]
[...] Beating the Index [...]
[...] Beating the Index [...]
Blood’s in in the streets. Could be an opportunity with Arcan
Well, I think you will probably sit higher in the standings after Q1 reports become public.
@101, Arcan is not waiting for anyone. It’s doing a good job recovering
@PWD, I based my choice on the potential of these companies as they execute their 2011 program. EOY prices will be very different from now especially if no black swan events ruin the party this year.
@Mich,
What do you think about new ETF HEX (Horizons AlphaPro Enhanced Income Equity ETF). Dividend is about 10%, paid monthly = nice compounding. Looks pretty good to me …thinking to buy
The ETF seeks to to provide Unitholders with exposure to the performance of an equal weighted portfolio of large capitalization Canadian companies and monthly distributions of dividend and call option income.
Top holdings (nice and solid companies):
Cenovus Energy Inc. 3.47%
Encana Corporation 3.43%
Manulife Financial Corp. 3.43%
Sun Life Financial Inc. 3.42%
Canadian Natural Resources Ltd. 3.42%
Silver Wheaton Corp. 3.42%
Suncor Energy Inc. 3.41%
Husky Energy Inc. 3.40%
Ivanhoe Mines Ltd. 3.38%
BCE Inc. 3.35%
@gibor nice ETF, there’s another one like HEX and its ZWB except ZWB is 100% Canadian Banks instead of the equally weighted HEX. I would pickup some HEX in a registered account (I don’t know how the distribution will be treated tax wise yet)
Thanks for mentioning it gibor!
The posting pulse has slowed this week. I think your picks will fare much better by year end Mich. I’ve been watching the european banking sector a lot this week. Sold my ire at 2.48 yesterday, had a higher average of 2.11. Can see hnd taking a spike, sold some here for quick profit but still holding a good position for what should come. Started executing more positions in oil and gas juniors today. Like you say Mich, breakup brings weakness but i’m unsure know how weak it’ll remain as triple digit oil stays comfortable. Threw some play money at opc and nkw. Anyone get in on that eqn action?!
@Mich, I hold ZWB for several months, recently bought more shares, so far I like it, especially considering huge monthly dividends…
From what I understand , both ZWB and HEX gonna do OK if underlying equites moderately high or moderately lower… and this is most likely will be a trend in near future.
[...] Beating the Index [...]
[...] BeatingTheIndex: 3.08% [...]
[...] Dividend Growth Investors +3.39% Intelligent Speculator +3.19% Million Dollar Journey -5.98% MoneySmarts Blog -13.14% WhereDoesAllMyMoneyGo.com -17.51% The Financial Blogger -20.31% My Trader’s Journey -35.82% Wild Investor -37.26% Beating The Index -45.07% [...]