D. A. Davidson says it��s time to embrace volatility. Analyst Sonny Randhawa initiated coverage on the four large, global oilfield services companies — Baker Hughes (BHI), Schlumberger (SLB), Halliburton (HAL) and Weatherford International (WFT) at a buy.
The oil service sector��s performance is still highly correlated with crude prices, which have fluctuated from $62/barrel to $26/barrel over the past 12 months. Diversified service companies are well positioned in this cycle and we would ��embrace the volatility�� and use short-term dips in crude as opportunities to increase exposure, becoming more aggressive with the severity of the pullback.
Randhawa sees the merger between Baker Hughes and Halliburton still being consummated, despite the delays, creating �� a
Associated Pressformidable international competitor�� to Schlumberger for large-scale integrated projects.
Best Heal Care Stocks To Watch For 2017: Superior Energy Services Inc.(SPN)
Advisors' Opinion:- [By Lisa Levin]
Thursday afternoon, energy shares slipped by just 0.1 percent. Meanwhile, top gainers in the sector included Superior Energy Services, Inc. (NYSE: SPN), and Yanzhou Coal Mining Co Ltd (ADR) (NYSE: YZC).
Best Heal Care Stocks To Watch For 2017: White Mountains Insurance Group, Ltd.(WTM)
Advisors' Opinion:- [By Money Morning News Team]
Most Expensive Stocks No. 6: White Mountains Insurance Group Ltd.
The sixth most expensive stock you can buy is Bermuda-based White Mountains Insurance Group Ltd. (NYSE: WTM). The insurance company currently trades at $826.04 a share.
Best Heal Care Stocks To Watch For 2017: Rave Restaurant Group, Inc.(RAVE)
Advisors' Opinion:- [By Rick Rouse]
Rouse is sticking with his Best Stocks entry for this year’s competition. His selection is Rave Restaurant Group (RAVE), which owns Pie Five Pizza, a fast-casual pizza joint that Rouse thinks is changing the industry with its unique ovens.
Says Rouse: “The company is on track to open 500 Pie Five locations over the next few years, and we are still in the early innings of this ballgame.”
Best Heal Care Stocks To Watch For 2017: PAR Technology Corporation(PAR)
Advisors' Opinion:- [By Lisa Levin]
PAR Technology Corporation (NYSE: PAR) shares were also up, gaining 15 percent to $6.59. Par Technology reported Q4 adjusted earnings of $0.13 per share on revenue of $56.8 million.
- [By Lisa Levin]
On Tuesday, technology shares gained by 1.61 percent. Meanwhile, top gainers in the sector included Himax Technologies, Inc. (ADR) (NASDAQ: HIMX), up 13 percent, and PAR Technology Corporation (NYSE: PAR), up 9 percent.
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