April Stock Picks For April 2010 , To Buy Now ! ProShares Ultra Oil & Gas (ETF) (Public, NYSE:DIG) & Westar Energy, Inc. (Public, NYSE:WR)..

1. ProShares Ultra Oil & Gas (ETF) 

 

(Public, NYSE:DIG) 37.07 / Target Price 49.76
ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments. The Fund intends to concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. ProShare Advisors LLC serves as the investment advisor to the Fund..China and India will be using more oil.Oil is my friend and oil never disappoints.? buy low sell high. natural gas prices wont stay this low forever. we are running out of oil and it's only a matter of time that oil goes back to $100 a barrel or even $200 Natural gas is the most likely big market to compensate for oil. Good growth and earnings.Oil & Gas are rebounding. Long-term growth and price level of oil & gas appear to be heading higher.

2. Westar Energy, Inc. 

(Public, NYSE:WR) 22.59 / Target Price 29.00

Westar Energy, Inc. (Westar Energy) is an electric utility operating in Kansas. It provides electric generation, transmission and distribution services to approximately 685,000 customers in Kansas. Westar Energy provides these services in central and north-eastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energy’s wholly owned subsidiary, provides these services in south-central and south-eastern Kansas, including the city of Wichita. KGE owns a 47% interest in Wolf Creek Generating Station (Wolf Creek), a nuclear power plant located near Burlington, Kansas. Both Westar Energy and KGE conduct business using the name Westar Energy. Westar Energy (WR) is an electric utility in Kansas.
At the current price of $22.16, the p/e is 15 and the dividend is 5.4%. alot of wind in Kanas can you say Wind Farms ?? One of the few companies that has actually INCREASED their dividend during these tough times. I thought this one was worth a roll of the dice , for the Long Term Play. Pros:

- Good dividend, decent return on investment.

- Located in Kansas which is good for wind (and not just from the Statehouse).

- Faces increased demand for electricity.

- Owns rights to some energy produced by Wolf Creek Nuclear Power Plant.

- Provides limited electrical capacity to the larger rural communities in Western Kansas.

- Building a couple of “cleaner” gas fired power plants.

Buy,Buy,Buy !!!!!!!!!!!