Fund manager's comment/Gil Knight
A current bright spot in the US economy is the energy sector, which is benefiting from California's power woes and a surge in gasoline prices. Energy enthusiasts believe the sector still has potential for more growth, especially with Bush's agenda to increase the country's production levels by a vast degree. To a certain extent, the energy sector has replaced the technology sector for new growth stocks, particularly for the makers of equipment and power plants. Following the on-going crisis in California, investors are starting to look at the sector in a new light. At Govett Investmen...
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