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Strategies & Market Trends : Value Investing

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From: NikhilJog2/14/2013 9:52:44 AM
1 Recommendation   of 78907
 
Nabors Industries ( NBR) +3.4% premarket after Goldman Sachs upgrades shares to Conviction Buy from Neutral which a $23 target, up from $17. Goldman sees several catalysts, including "inflecting NAM rig activity leading to multiple expansion as in prior cycles, [and] margin inflection, as NBR is significantly under-earning with Q4 margins below mid-2009 levels; no other peer is that low."

I hope someone invested in the idea, when i initially wrote it and it was trading around $14.
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