It’s time for a rematch! The friendly stock picking competition amongst a group of fellow bloggers is back in 2012. Each blogger picks 4 stocks (or ETFs) they think will outperform in 2012. The blogger can pick equities from the Canadian and US stock markets. Dividends, if any, will be included in the final tally since they add to the final ROI. This year we welcome The Passive Income Earner and Dividend Mantra to the group.
My 2011 Stock picks were the following:
- SkyWest Energy (TSXV:SKW) Cardium Oil play
- Arcan Resources (TSXV:ARN) Swan Hills Reef Oil play
- Bowood Energy (TSXV:BWD) Emerging Alberta Bakken Oil play
- Reliable Energy (TSXV:REL) Bakken Oil play
SKW Energy’s return was -78% and Bowood Energy’s return was -72.5% resulting in a disastrous outcome. SkyWest Energy was a total failure thanks to an incompetent management team and Bowood simply sank on disappointing results from the Alberta Bakken. Bowood has been the riskiest pick and it did not pay back as the Alberta Bakken hype deflated and turned into a route. Where does that put me? At the bottom of the pack so allow me to say it again: good riddance 2011!
2012 is payback time
On to my picks for 2012, my 4 top stocks for this competition are the following:
- Eagle Energy Trust (TSE:EGL.UN) 100% light oil Texas play
- Poseidon Concepts (TSE:PSN) O&G Services sector
- Palliser Oil & Gas (TSXV:PXL) Heavy Oil junior producer
- Second Wave Petroleum (TSE:SCS) Swan Hills Reef Oil play
Did you honestly think I would pick a stock outside of the Oil and Gas sector? I am staying true to my colors with my picks by focusing on the sector that interests me. However, compared to last year’s picks you will find 2 dividend payers (PSN and EGL.UN) and 2 junior oil producers.
Let’s look at the final results for 2011 where you will notice my embarrassing ROI. The competitors also posted their top picks along with the results:
|Rank||Site||2011 Return (%)|
|1||Dividend Growth Investor||15.36|
|2||Million Dollar Journey||3.12|
|5||Where Does All My Money Go||-17.04|
|6||My Traders Journal||-19.00|
|7||The Financial Blogger||-21.73|
|8||The Wild Investor||-33.34|
|9||Beating The Index||-44.08|
|New||The Passive Income Earner||N/A|
Of course, there is no guarantee that these stocks will outperform the competition. Remember that they will not be actively managed (bought and sold repeatedly depending on opportunities). It is simply a matter of buying on Jan 3rd, 2012 and selling on December 31, 2012.
Please feel free to comment on my all Canadian O&G Team or add your own picks!