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Williams Cos -- WMB -- Is all gassed up for profits

|Includes:Williams Companies Inc (WMB)

 Right now Williams Companies (NYSE:WMB) looks like a promising S&P 100 company.  WMB moves, manages and markets a variety of energy products, including natural gas, liquid hydrocarbons, petroleum and electricity. Based in Tulsa, Oklahoma, Williams' operations span the energy value chain from wellhead to burner tip.

The company has big plans to increase production if natural gas prices are maintained or even better increase.  NG seems to be the fuel of the future and the US has plenty of it.  The Marcellus Basin properties should be a big part of WMB's future plans.

The stock has a 100% Barchart technical buy signal.  The price hit 6 new highs and is up 16.33% in the last month.  The price was recently 22.95 which is 26.25% above it's 50 day moving average of 20.02.  The Relative Strength Index is 72.46% and rising.

This is an S&P 500 company and Wall Street brokerages have 8 buy and 2 hold reports published for their clients.  They expect revenue to be up 16.50% this year and 8.10% next year.  The earnings are projected to increase 27.70% this year, 7.50% next year and maintain a 5 year EPS growth rate of 14.45%.

This is a widely followed stock and the general public sentiment as measured on Motley Fool thinks the stock will beat the market by a vote of 457 to 23 with the All Stars in agreement 122 to 6.

This stock has:

  • 100% Barchart technical buy signal
  • A high Relative Strength Index that is on the rise
  • Wall Street brokerages projecting double digit EPS growth rates for at least 5 years.
Jim Van Meerten is an advisor to Marketocracy Capital Managementwho uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog. 

Disclosure: No position at the time fo publication
Stocks: WMB