Buy Encana (ECA)

12/30/2008 7:31 pm EST

Focus: STOCKS

Jim Jubak

Founder and Editor, JubakPicks.com

Encana has spent the last two years divesting itself of overseas oil and natural gas operations and using the cash to build a leading position in unconventional oil and gas reserves in North America. The company's properties now include the Barnett Shale formation in Texas, Colorado's Piceance Basin and oil sands and coal-bed methane in Alberta.

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