Asset Classes

Complete Lists

• Coal (especially of the metallurgical variety)

• Select renewable energy stocks

• Uranium

• ETFs that hold oil (these have been pounded lately, leading to this upgrade; the sentiment on crude is once again ferociously bearish)

• The mid-cap style

• The frac sand industry’s leading operator

• ONEOK, Inc. bonds yielding near 6% and due in 2036

• Offshore oil and gas drilling …