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Oil Stocks are Under-Priced; CNBC (BP, SLB, RIG)
Friday, June 18, 2010 - 1:19pm | 169According to Robert Pavlik, chief market strategist with Banyan Partners, some stocks have been unfairly pulled down due to The Gulf of Mexico accident. In an interview with CNBC, he said, “It seems like the oil spill has been priced into the shares of BP (ADR) (NYSE: BP) and some of the drilling...
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Calls Purchased on Hornbeck Offshore Services (HOS)
Friday, June 18, 2010 - 11:33am | 131Shares of Hornbeck Offshore Services, Inc. (NYSE: HOS) are higher on the session by 1.81%, currently trading at $14.60. The stock has been falling for the past six months and is in a technical downtrend. Options traders are betting that the slide may be over and are buying calls. The July $17.50...
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Oceaneering International Could Reap Long Term Benefits from Oil Spill; Pritchard
Friday, June 18, 2010 - 9:32am | 102Blowout-preventer manufacturers are commonly discussed as long term beneficiaries of BP's oil spill, but Pritchard thinks that Oceanearing International (NYSE: OII) could stand to benefit. Oceaneering does inspection services and NDT (nondestructive testing) for oil rigs. It is a government...
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IHS Inc. Receives Buy Rating (IHS)
Thursday, June 17, 2010 - 4:20pm | 110IHS Inc. (NYSE: IHS) has announced impressive fiscal Q2 results. It has shown organic revenue growth and healthy margins, in addition to upwardly revising earnings estimates. The company’s cash EPS increased 27% year over year to $0.87 from $0.69 in the year ago period. Its adjusted EPS also...
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Fast Money Picks For June 17th (GLW, FDX, SLB, KO, XLNX)
Wednesday, June 16, 2010 - 7:00pm | 174On CNBC's Fast Money, Patty Edwards recommended investors to buy Corning Incorporated (NYSE: GLW) tomorrow. Corning (GLW) fell 2.56% today, and closed at $18.26. Tim Seymour said that FedEx Corporation (NYSE: FDX) posted good numbers today. He sees an opportunity in this stock. FedEx Corporation (...
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Pete Najarian Likes WFT
Wednesday, June 16, 2010 - 6:31pm | 103Pete Najarian said on CNBC's Fast Money that he likes Weatherford International Ltd. (NYSE: WFT) in the energy sector. Weatherford International Ltd. (WFT) jumped 3.39% today. Pete Najarian added that he spotted an unusual options activity in BP plc (ADR) (NYSE: BP). Investors were interested in...
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As the Euro Goes -- So Goes... 06-16-2010
Wednesday, June 16, 2010 - 3:18pm | 718Cusick’s Corner The market is again still above support and confirming the uptrend. With all the major indices breaking through the 200-Day Moving Average, additionally there’s leadership from multiple sectors, the market looks poised to challenge the upside. The Euro has also been able to mount a...
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Micro Oil And Gas Starts To Wake
Wednesday, June 16, 2010 - 12:59pm | 389Small cap and micro cap oil and gas plays have been in hibernation for months now. Over the last few days, it appears some are waking up. Investors are seeking these cheap oil and gas plays out in hopes of seeing more business flowing to them as individuals boycott and shy away from large cap oil...
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Momentum Building 06-14-2010
Tuesday, June 15, 2010 - 3:08pm | 692Cusick’s Corner What a difference a weekend makes. With the Euro up and the Eurozone up, the market continues a nice bullish trend into the Midday. The major market averages are challenging resistance, SPX 1100, and if we can get some momentum into the After Hours, this rally could garner some...
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Upside Purchased on Smith International (SII)
Monday, June 14, 2010 - 3:31pm | 122Shares of Smith International Inc. (NYSE: SII) are lower on the session by 0.20%, currently trading at $40.15. The stock fell sharply throughout May, but held the 200-day moving average. The stock is now experiencing a bit of resistance around the $40 level. Options traders are betting on an...
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KEG’s Domestic Business Shifting In Right Direction, International Business Could Rebound
Monday, June 14, 2010 - 3:04pm | 202Analysts at Wunderlich Securities reiterate their "buy" rating on Key Energy Services Inc (NYSE: KEG), while revising their estimates for the company. The target price for KEG is set to $16. According to Wunderlich Securities, “We believe Key Energy Services (KEG) is close to firing on all...
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Anatomy of a Monster Investment Return
Saturday, June 12, 2010 - 5:26am | 141They say in the world of investing, Know What You're Buying, Know it's Fair Value, and Buy It When It's Way Oversold and Under-Valued . That happened to me in autumn of 2008 when I purchased Silver Wheatons (NYSE:SLW) at under $3 per share. Today that stock is selling for almost $20 per share....
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Upside Purchased on FMC Technologies (FTI)
Friday, June 11, 2010 - 11:23am | 127Shares of FMC Technologies Inc. (NYSE: FTI) are higher on the session by 0.33%, currently trading at $52.23. The stock has been drifting lower for the past two months on heavy volume. Options traders are picking up some calls today. The July $55 call was purchased 2,000 times earlier in the...
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Top 4 Stocks In The Oil And Gas Equipment And Services Industry With The Highest Profit Margins (SDRL, DRQ, CLB, GLF)
Friday, June 11, 2010 - 6:12am | 141Below are the top 4 oil and gas equipment and services stocks on the NASDAQ and the NYSE in terms of profit margins. The trailing-twelve-month profit margin of SeaDrill Ltd (NASDAQ: SDRL) stands at 36.32%. SDRL’s trailing-twelve-month operating margin stands at 40.29%. The trailing-twelve-month...
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Top 4 Small-Cap NYSE Stocks In The Oil And Gas Equipment And Services Industry With The Highest Earnings Per Share (GLF, CRR, DRQ, NOA)
Friday, June 11, 2010 - 5:57am | 149Below are the top 4 small-cap oil and gas equipment and services stocks on the NYSE in terms of EPS. Gulfmark Offshore Inc (NYSE: GLF) has earned $0.84 per share in the latest quarter. GLF’s quarterly earnings grew by 51.50% year-over-year. CARBO Ceramics Inc (NYSE: CRR) has earned $0.82 per share...