Own large amount!

The $1.4 billion growth fund, holding 44 companies, is packed with Minnesota names like multinational manufacturer 3M (MMM), food giant General Mills (GIS), medical-device makers Medtronic (MDT) and St. Jude Medical (STJ), discount retailer Target (TGT), industrial-filter producer Donaldson (DCI), nuts-and-bolts distributor Fastenal (FAST), paint-sprayer supplier Graco (GGG), and water-cleaning-equipment firm Pentair (PNR). "The Minneapolis-St. Paul area has one of the highest concentrations of large, multinational industrial and financial companies in the U.S.," Frels observes. "Local surveys claim that Minnesota public companies consistently have outperformed the general stock market, year after year, with the exception of the past two years."

07-DEC'08: Donaldson Company, Inc. makes environmentally friendly filtration systems for diesel engines. They have out-performed the S&P 500 performance over the last 6 months. This is the 1st company recommended by The Motley Fool to do well under the Obama administration. Price/share @ start = $33.37

You should consider tilting your energy exposure in the direction of green companies such as Donaldson (NYSE: DCI), which makes environmentally friendly filtration systems for diesel engines.

But before diving into more about Donaldson, just how much of your portfolio should be allocated to energy these days? In answering this critical question, we'll see that right now, all else isn't equal when it comes to this turbulent sector.

makes the best filters in the world, and everyone needs filters!

From a recent Mad Money show:

"This is one where the stock is good but the market is bad. I want to buy this one."

From a recent Mad Money show:

"This is one where the stock is good but the market is bad. I want to buy this one."

10%

recent surge good free cash flow

90
mkt cap - 2.93B
roa - 11.48
roe - 24.77
trailing p/e - 21.19
fwd p/e - 18.61
PEG - 1.54
# qtrs missed in last 4: None

Sep 35 - 2.35