Serious Money: What's up today? Food & drillers!

Filed under: Major movement, International markets, Rants and raves, Anadarko Petroleum (APC), Oil, Agriculture, Stocks to Buy, Best Stocks for 2008, Bunge Ltd. (BG), Potash Corp. of Saskatchewan (POT), Loews Corporation (LTR), Precision Drilling TR (PDS)

The stock market is in turmoil today and the reasons can be found elsewhere (including in some peoples' imaginations). But if you are a bottom line investor, then here is where you should be looking. Food and energy exploration are the places to be.

Things can change rapidly, but as of right now food related stocks like Bunge Ltd. (NYSE: BG), the largest company involved with soy based products, and Potash Corp. of Saskatchewan (NYSE: POT), the largest fertilizer company, are up.

In the exploration sector, Anadarko Petroleum (NYSE: APC), the oil, gas and exploration company, Loews Corporation (NYSE: LTR), which is the majority shareholder in Diamond Offshore Drilling and is separating from its tobacco interests, and Precision Drilling TR (NYSE: PDS), the Canadian contract driller that is expanding into the lower 48 states, are all up.

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