12 Best Energy Stocks to Buy Now
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Energy Play #1: United States Natural Gas Fund (UNG)
By Michael Shulman
The best energy play right now is natural gas. Coming off a nearly seven-year low in April, natural gas prices (around $4) are still far below last year's high (nearly $14), so there's huge upside potential in the coming months and years.
The way to play this is with the United States Natural Gas Fund (UNG). If you're looking for an options trade, buy the UNG Jan 2010 20 Calls (UNEAT) under $1.80. And be prepared to roll them or otherwise change them out with some frequency as the price of natural gas rises steadily over the next two to three years.
UNG is one of the Top 10 Summer Stocks that will heat up your portfolio.
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