Topic: Growth Stocks

Apache Corp. $121 – New York symbol APA

APACHE CORP. $121 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 364.6 million; Market cap: $44.1 billion; Price-to-sales ratio: 3.6; Dividend yield: 0.5%; TSINetwork Rating: Average; www.apachecorp.com) gets 20% of its oil and natural gas from Egypt. However, these operations are far from Egypt’s main cities, and continue to operate normally. Even if a future government nationalized these assets, Apache wouldn’t be permanently damaged.

Apache is a buy.

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