First up this week is Gulfmark Offshore (GLF) which is set to report earnings after the close on Monday. Gulfmark is a very interesting company highly leveraged to the creation and repair of Day-Rigs, which could report a huge earnings surprise. For starters none I know has ever heard of Gulfmark; this includes some of the top oil analysts in the largest Investment Banks in the world. Gulfmark’s customers employ their vessels to provide services supporting construction, position and ongoing of offshore oil and natural gas drilling rigs and platforms. Last week, Transocean (RIG) noted that they were forced to constantly raise prices on their Day-Rigs due to massive demand; this works in Gulfmark’s favor. Gulfmark is in all of the right market segments, especially in the deep waters of Africa and India which has the highest margin for the past 2-3 years. The company also pushes the fact that they have zero exposure to the weakening U.S oil and natural gas market, a segment which has negatively affect its peers. Gulfmark is also extremely cheap, it has a Price to Earnings ratio of 8.59 vs. the mean average in the industry of 13.31, EBITDA margins are up 100% since 2006. They have exceeded analysts’ earnings expectations in the past four quarters by an average margin of 38.5%. The company has a price-to-book ratio if 2.0 compared to 4.5 for the industry. With oil over $100 a barrel I think Gulfmark could report a very good quarter. It also has a 13% short position and tight trading float.

Earnings on the 26th. Look for huge upside news. Jacobs Engineering (JEC) which we highlighted a few weeks ago. Also, very strong earnings from MTW, JEC and other construction companies. Also, JEC is helped by a positive currency rate.

Mid-Size earnings oil drilling company. Low P/E of 10.01 and a high short position of 10% Earnings soon as well

Another oil drilling company that is making serious bets on tanking ships in the gulf. Not in the highest margin sector oil sector but the RIG CC was very positive.

Down $40 from its high Fluor is a great way to play international growth. It is also a great way to play construction in the US. In the best sectors-- Oil and Gas, Industrial, Government, Global Services and Power.

Earnings on the 29th--Mirant has been buying back stock a TON of stock for the past earn or so. Major hedge funds like Paulson and Tudor have been pushing for a sale of the company. Look for a total beat on the EPS.

Near its 52-week low SUG reports earnings on Friday. I like this name ALOT. Even if Nat. Gas is overvalued SUG is dirt cheap. Sandell keeps on adding to their position.

One of my top tech picks for the year. Got a very good upgrade from Citigroup, arguing that a consumer-driven recession will weigh less upon tech firms. Calling it "Attractive" after its 20% drop over the last 3 months.