Oceaneering International Could Reap Long Term Benefits from Oil Spill; Pritchard

Blowout-preventer manufacturers are commonly discussed as long term beneficiaries of BP's oil spill, but Pritchard thinks that Oceanearing International OII could stand to benefit. Oceaneering does inspection services and NDT (nondestructive testing) for oil rigs. It is a government contractor in inspection services. Pritchard says that this is "a smaller piece of business in the grand scheme of things, but an interesting thought that after spending a week on the road we noticed plenty of investors had not considered." OII is rated Buy with a price target of $52.00. It is currently trading at $48.00.