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Oceaneering is well-positioned for the next oil boom

Posted Apr 7th 2009 10:30AM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

Few sectors contained more promise during the recent global GDP expansion than drillers and oil servicers. However, few sectors became more oversold than the aforementioned, as well, during the oil bust in 2008.

Further, while one should not expect oil to return to the $140-range anytime soon, the notion that oil will remain in the $40-50 range for a long time is equally slim. And that makes the case for Oceaneering International (NYSE: OII).

Continue reading Oceaneering is well-positioned for the next oil boom

Analyst initiations 4-27-07: BBBY, ETH, PIR and WSM

Posted Apr 27th 2007 11:26AM by Kevin Shult (RSS feed)
Filed under: Before the bell, Bed Bath and Beyond (BBBY), Analyst initiations

MOST NOTEWORTHY: Four specialty retailers initiated at FTN Midwest were today's most noteworthy moves in the market:
OTHER INITIATIONS:
  • CIBC started Chemtura Corp (NYSE: CEM) with a Sector Underperformer rating and $11 target on valuation.
  • C.E. Unterberg started Altus Pharmaceuticals Inc (NASDAQ: ALTU) with a Buy rating and $12 target, believing the company's efforts to develop the first juvenile formulation of a pancreatic enzyme will be a key growth driver.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Symbol Lookup
IndexesChangePrice
DJIA+73.0010,270.47
NASDAQ+18.862,167.88
S&P 500+6.241,093.48

Last updated: November 14, 2009: 03:40 PM

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