These stocks are attractively valued and are expected to make new highs

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Conocophillips,Allstate Corp,Pultegroup Inc

For investors who want to diversify their portfolio, there's a whole batch of stocks outside the flashy tech world that also make for attractive investments.

There's a growing dominance of technology stocks in the stock market. But for investors who want to diversify their portfolio, there's a whole batch of names outside the flashy tech world that also make for attractive investments. Stocks have continued rallying since last month, starting June on a strong note. The S & P 500 is up 1.3% month-to-date, while the 30-stock Dow has added 0.3% and the Nasdaq Composite about 2.4%.

These major energy names have already rebounded this year as concerns about a recession and weak oil demand have failed to materialize. Invesco Energy Fund 's senior portfolio manager Kevin Holt thinks Chevron's performance in the second half of this year could be determined by whether or not it wins its fight with Exxon over lucrative offshore oil assets in Guyana. Exxon has raced past Chevron this year, however, gaining 12.

 

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