This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.

"One stock that could get a November bounce should McCain win is seismic firm CGG Veritas (NYSE: CGV); the Republican mantra has been 'drill, drill, drill' and this company helps find out where to do that," says Bill Martin in his BullMarket.com.

"If McCain wins office and is able to get Congress to pass his drilling initiatives for offshore drilling (one stronger than the bill that was just recently passed by Congress), the first step will be to find where exactly this oil is located.

"That is where French seismic company CGG Veritas comes in. It calls itself 'the world's leading international pure-play geophysical company.' The company was born in January of 2007 as the result of a merger of the former Compagnie Générale de Géophysique and Veritas DGC.

"The company provides seismic data and services to the oil and gas industry, and manufactures seismic equipment through its Sercel subsidiary for sale to other seismic companies.

"The company conducts seismic surveys on a contract and multi-client basis. The job entails acquiring, processing, and interpreting land and marine seismic data, and producing images of the subsurface in multi-dimensional and multi-component formats.

"Those pictures are used to identify new oil and gas structures and manage existing reservoirs. It also has up to 40 land-based teams that can be put in the field and can work in a variety of terrain.

"With CGG Veritas's stock beaten down -- despite solid earnings and guidance -- and trading at an attractive valuation, a McCain win could be the cure to its recent ills."

Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.

McCain stock: Seismic firm CGG Veritas (CGV) shows where to 'drill, drill, drill' originally appeared on BloggingStocks on Tue, 07 Oct 2008 13:05:00 EST. Please see our terms for use of feeds.

"Crude oil remains deeply oversold on an intermediate-term basis, suggesting a rally sometime in the early fall," says Dennis Slothower.

The editor of Stealth Stocks looks to Petroleo Brasileiro SA (NYSE: PBR) as his latest "stock of the month." Here's his review of the Brazilian firm that is now the world's 8th-largest oil company.

"The founding of Petrobras was authorized in October 1953, with the objective of executing, on behalf of the federal government, the activities of the oil sector in Brazil.

"Over the past five decades or so, the company has become the country's leader in the distribution of oil products, an activity not covered by the government monopoly, and today it is internationally acknowledged as the eighth-largest oil company in the world.

"Leading the sector in the development of one of the most advanced deepwater and ultra-deepwater technologies for oil production, PBR was twice (in 1992 and 2001) awarded the Offshore Technology Company (OTC) prize, the most important award in the sector.

Continue reading Brazilian drilling with Petroleo Brasileiro (PBR)

Brazilian drilling with Petroleo Brasileiro (PBR) originally appeared on BloggingStocks on Tue, 23 Sep 2008 13:20:00 EST. Please see our terms for use of feeds.

It's time to start drilling for oil and natural gas offshore on the east and west coasts. We are wasting our time and our money, and risking our future by not doing so. The energy needs of the United States have made oil our number one import and the biggest factor in our imbalance of trade.

It is not just that oil holds us hostage to the rest of the world. This imbalance of trade means we cannot support ourselves and must borrow from others to get by, and I, for one, have a very hard time with that notion. I prefer independence -- remember that? I think it was an important concept in our founding, way back when.

The imbalance in trade is a mortgage against the future of our children and it is getting worse year after year. The money often goes to foreign governments whose interests are not aligned with ours and they hold us politically and economically captive. Nothing is more shameful than President Bush pleading with Saudi Monarchs to pump more oil.

Continue reading Start drilling offshore: ATW, DO, ESV, HERO, NE, PDE, RDC, RIG

Start drilling offshore: ATW, DO, ESV, HERO, NE, PDE, RDC, RIG originally appeared on BloggingStocks on Wed, 25 Jun 2008 16:50:00 EST. Please see our terms for use of feeds.