Fast Money's Oil Service Stock Picks
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Date updated:08-27-2008

What’s the best way to play the recent spike in oil?

symbol name last price % change open
  • +
  • OIH
    Oil Service Holdr
  • $122.30
  • +0.76%
  • $121.25

Right now we’re sitting at the 200 day moving average for the Oil Service HOLDRs (OIH). If it can break and hold above those levels I would be bullish, counsels Pete Najarian.

People owning OIH also tend to own: BTUSPYXLEXOMDVNMPETSUN

TheStreet.com Rating: No Rating What is this?

  • +
  • HAL
    Halliburton Co
  • $30.71
  • +1.35%
  • $30.34

However I prefer specific names in the sector. Get long Halliburton (HAL), Schlumberger (SLB) or Diamond OffShore (DO), Najarian says.

People owning HAL also tend to own: ATIMFLXTEXTIEAIGBAC

TheStreet.com Rating: B- What is this?

  • +
  • SLB
    Schlumberger Ltd
  • $65.52
  • +1.42%
  • $64.23

However I prefer specific names in the sector. Get long Halliburton (HAL), Schlumberger (SLB) or Diamond OffShore (DO), Najarian says.

People owning SLB also tend to own: AXAFDXNOKNUERTPTMAAPL

TheStreet.com Rating: B- What is this?

  • +
  • DO
    Diamond Offshore
  • $100.01
  • +0.23%
  • $99.43

However I prefer specific names in the sector. Get long Halliburton (HAL), Schlumberger (SLB) or Diamond OffShore (DO), Najarian says.

People owning DO also tend to own: ACIBJSBTUCNXCWEIDNRGSF

TheStreet.com Rating: B What is this?

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