December 15, 2005
Stocks to Watch — Canadian Natural Resources (CNQ), Panera Bread (PNRA)
Canadian Natural Resources and Panera Bread both made my Notable New Highs list yesterday.
“Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil and natural gas. The company’s principal regions of crude oil and natural gas operations are in the Western Canadian Sedimentary Basin, the United Kingdom sector of the North Sea; and Offshore west Africa. As of December 31, 2004, the company’s oil and natural gas reserves include 1,066 MMbbls of crude oil and natural gas liquids and 2,690 Bcf of natural gas. The company was incorporated in 1973 as AEX Minerals Corporation, changed its name to Canadian Natural Resources Limited in 1975, and is headquartered in Calgary, Canada.”
I plan to post some pictures of rush hour traffic on the Third Ring Road here in Beijing to drive home (pun intended) the point that everyone should be long-term bullish on energy stocks.

“Panera Bread Company engages in the ownership and franchising of bakery-cafes in the United States. Its bakery-cafes sell fresh baked goods, made-to-order sandwiches and salads, soups, and cafe beverages, including various baked bagels, breads, muffins, scones, rolls, and sweet goods; made-to-order sandwiches on freshly baked breads; custom roasted coffees; and cafe beverages, such as hot or cold espresso and cappuccino drinks. The company’s bakery-cafes are principally located in suburban strip mall and regional mall locations. Its target customers include suburban dwellers and workers. As of October 4, 2005, Panera operated 265 company-owned bakery-cafes and 560 franchise-operated bakery-cafes. The company was organized in 1981 as Au Bon Pain Co., Inc. and changed its name to Panera Bread Company in 1999. Panera is based in Richmond Heights, Missouri.”
I have two words for you, Benjamin: Artisan Bread. Shortly after I sung the praises of Panera in a Chat about Retaurant Stocks last June, the stock price dropped 20% or so (it often happens that way, lol), but folks who stayed the course are happy.
