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McCain stock: Seismic firm CGG Veritas (CGV) shows where to 'drill, drill, drill'

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.

Election bets: Advisors vote on McCain and Obama stocks

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.

Which stocks would benefit from a victory by either Senator John McCain or Senator Barack Obama? To help investors sort through the sectors and stocks best positioned to benefit in a post-election environment, we posed this question to some of the nation's leading financial newsletter advisors.

Importantly, this is not a partisan report; each participating advisor has provided a favorite stock for both candidates, focused not on political preferences but unbiased stock analysis. Below we feature those stocks and ETFs that the advisors believe will be the winners depending on which candidate prevails.

McCain Stocks:

Roger Conrad - Comcast (NYSE: CCW)
Gregg Early - Elbit Systems (NASDAQ: ESLT)
Elliott Gue - Paladin Resources (Toronto: PDN)
Doug Fabian - Market Vectors Nuclear Energy (NYSE: NLR)
Vivian Lewis - Barclays (NYSE: BCS)
Bill Martin - CGG Veritas (NYSE: CGV)'
Yiannis Mostrous - Lonking Holdings (OTC: CIMHF)
Carla Pasternak - Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Nate Pile - SPDR Gold Trust (NYSE: GLD)
John Reese - General Dynamics (NYSE: GD)
Nathan Slaughter - USEC (NYSE: USU)
Paul Tracy - Shaw Group (NYSE: SGR)
Kelley Wright - CenturyTel (NYSE: CTL)
Tom Vass - Molex (NASDAQ: MOLX)
Martin Hutchinson - Northrop Grumman (NYSE: NOC), Merck & Co. (NYSE: MRK), EOG Resources (NYSE: EOG)

Obama Stocks:

Roger Conrad - SunPower (NASDAQ: SPWR)
Gregg Early - AeroVironment (NASDAQ: AVAV)
Elliott Gue - SunPower (NASDAQ: SPWR)
Doug Fabian - Industrial Select Sector SPDR (NYSE: XLI)
Vivian Lewis - Cosan (NYSE: CZZ)
Bill Martin - Geron (NASDAQ: GERN)
Yiannis Mostrous - Dr. Reddy's (NYSE: RDY)
Carla Pasternak - Kinder Morgan Energy Partners (NYSE: KMP)
Nate Pile - Apple (NASDAQ: AAPL)
John Reese - American Eagle (NYSE: AEO)
Nathan Slaughter - Fluor (NYSE: FLR)
Paul Tracy - Market Vectors Global Alternative Energy (NYSE: GEX)
Kelley Wright - Cardinal Health (NYSE: CAH)
Tom Vass - Ingersoll Rand (NYSE: IR)
Martin Hutchinson - Microsoft (NASDAQ: MSFT), Time Warner Inc. (NYSE: TWX), First Solar (NASDAQ: FSLR)

Symbol Lookup
IndexesChangePrice
DJIA-93.7910,197.47
NASDAQ-17.882,149.02
S&P 500-11.271,087.24

Last updated: November 12, 2009: 06:38 PM

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