Cramer's Drilling Stocks II
7143 views
Rate Now: 1 2 3 4

average rating: 3.00 / 1 ratings
Created by Guest
DESCRIPTION:

Date updated:05-22-2007

From 5-22-07:

Meanwhile, can the market get enough Transocean (RIG)? Schlumberger (SLB) acts like it is 1983. And agriculture/aerospace is so hot that you would have to believe the money out of drugs is going right into both complexes.

It's the anti-drug cartel.

I see no signs of this abating because the bias is that if the Fed has to do something, it will cut, but in the meantime the growth overseas and the need to find new oil in deeper places -- something we have been saying for a year now in these pages but is finally being listened to -- is just unabated.

And driving these stocks higher all of the time.

symbol name last price % change open
  • +
  • RIG
    Transocean Ltd
  • $86.36
  • +1.09%
  • $85.07

No Analysis added

People owning RIG also tend to own: GSFHPNBRAAPLADBEBBYCMCSA

TheStreet.com Rating: B- What is this?

  • +
  • SLB
    Schlumberger Ltd
  • $65.03
  • -0.81%
  • $65.17

No Analysis added

People owning SLB also tend to own: AXAFDXNOKNUERTPTMAAPL

TheStreet.com Rating: B- What is this?

  • +
  • BHI
    Baker Hughes Intl
  • $41.59
  • +1.44%
  • $40.81

No Analysis added

People owning BHI also tend to own: ANNAUYBACERICFGEGLW

TheStreet.com Rating: C What is this?

Portfolio not tracked!

05/25/2007 18:28 PM CDT Asked by Peter Borromeo
With drillers, how could you ignore Ensco Int'l (ESV), up 25% since early January and with a P/E ratio of only 10?? -- It has one of the most modern deep water rig operations and has wisely moved many of their rigs from the gulf of Mexico to Africa, Asia etc at some of the highest daily rental rates in the industry.
Peter Borromeo
pmbpmb@excite.com

ADD YOUR COMMENTS:

'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to CNBC’s “Fast Money” traders, the adjustment in the third-quarter GDP figure released on Tuesday from an exp...

11.27.09 | 12:22 PM
Black Friday Short-Squeeze Oppor...

By Jonas Elmerraji Posted on Nov. 25, 2009 With Thanksgiving fast approaching, retailers have one thing on their collective minds: Black Friday. After all, the day, whi...

11.25.09 | 13:33 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 24, 2009 10 Terrific Dividend Stocks: This Barron’s article highlights 10 high-quality dividend-paying stocks for investors who’re ...

11.24.09 | 08:05 AM
more articles
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
today 's lists
Analyst Downgrades

Analyst Downgrades or Estimate Reductions for Nov. 27, 2009. Read more here. more

52-Week Lows

Here is a list of some of the biggest stocks that hit 52-week lows on Nov. 27, 2009. more

Rising on Unusual Volume

Here are some stocks that moved up on unusual volume on Nov. 27, 2009. more