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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

Oceaneering is well-positioned for the next oil boom originally appeared on BloggingStocks on Tue, 07 Apr 2009 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>drillersinthenewsOceaneeringOceaneering InternationalOceaneeringInternationalOIIoil servicesTue, 07 Apr 2009 10:30:00 EST<![CDATA[Analyst initiations 4-27-07: BBBY, ETH, PIR and WSM]]>http://www.bloggingstocks.com/2007/04/27/analyst-initiations-4-27-07-bbby-eth-pir-and-wsm/http://www.bloggingstocks.com/2007/04/27/analyst-initiations-4-27-07-bbby-eth-pir-and-wsm/http://www.bloggingstocks.com/2007/04/27/analyst-initiations-4-27-07-bbby-eth-pir-and-wsm/#commentsFiled under: , ,

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).

Analyst initiations 4-27-07: BBBY, ETH, PIR and WSM originally appeared on BloggingStocks on Fri, 27 Apr 2007 11:26:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>altualtusanalystbbbybed bathBedBathbrncbroncocemchemturadrillersethethan allenEthanAlleninitiationpdcpier 1Pier1pioneerpirratingretailspecialty retailSpecialtyRetailtheflyonthewall.comudrlunion drillingUnionDrillingwilliams sonomaWilliamsSonomawsmFri, 27 Apr 2007 11:26:00 EST