APA
APA closed at $103.53 today and has risen on reports Thursday that its fourth-quarter net income doubled because of record oil prices and increased production. It is time to think about selling off a portion of your stake and securing some of the profits. This company still has room to climb, but its not a bad proposition to sell some now and claim a nearly 8% return since I suggested you get in at $96. Oil prices will continue to be volatile and I wouldn't be surprised to see a pullback with APA in the short-run before eventually going higher on increased production and a long-term upward trend in prices.
Maintain some APA in your portfolio, but move half of the initial investment to cash until another strong buy comes along.
Look for $105 on the open and pull the trigger.

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